Group photo of last year’s winners at the Awards ceremony.
More than 35 accolades are up for grabs at the PropertyGuru Indonesia Property Awards 2018 to recognise the archipelago’s best projects as well as movers and shakers in the industry.
“We are delighted to return to Indonesia to recognise the hard work of developers and benchmark-setting real estate across the country, from Bali to Lombok, Jakarta and Greater Indonesia,” said Terry Blackburn, Founder and Managing Director of the PropertyGuru Asia Property Awards.
The public are now invited to submit their nominations, and qualified entries from developers will be accepted until 3 August 2018. To register a nominee, click here.
Moreover, PTI Architects Managing Director Doddy A. Tjahjadi has been elected as the new chairman of the independent panel of judges. He replaced PT Leads Property Services Indonesia Chief Executive Hendra Hartono, who remains on the committee.
Although Hartono recently told PropertyGuru Property Report magazine that Indonesia’s real estate market remains sluggish, all members of the judging panel expect market activity to pick up over the next few quarters thanks to the completion of new MRT and LRT lines.
Another long-time judge, PT Cushman & Wakefield Indonesia Director Mina Ondang, revealed that developers are leveraging on the growing number of bourgeois households in the country.
“Developers are tapping into Indonesia’s rapidly expanding middle-class, its growing urbanisation and changing lifestyle demands. The population and middle-class are still growing and these are cornerstones underlying demand.”
The fourth edition of the awards will be held at The Ritz-Cartlon Jakarta, Pacific Place on 20 September 2018. The black-tie event is supported by platinum sponsor Kohler, official portal partner and Indonesia’s leading property Rumah.com, media partner PropertyGuru Property Report and official supervisor BDO, a major global auditing and accountancy firm.
The winners will then advance to the 8th PropertyGuru Asia Property Awards Grand Final, which will be hosted by Thailand for the first time. It will be held during the two-day PropertyGuru Asia Real Estate Summit at The Athenee Hotel, Bangkok on 8-9 November 2018.