Some of the winners at last year’s Myanmar Property Awards.
Myanmar’s real estate market continues to grow rapidly, as evidenced by the final shortlist of nominees for the second annual Myanmar Property Awards, organised by Property Report. The number of quality nominees exceeded the expectations of the judging panel, with strong competition seen in every category.
Shwe Taung Development, one of Myanmar’s leading companies, was shortlisted in the condominium, office, retail and hotel categories, garnering a total of six nominations. Meanwhile, Capital Development, Keppel Land International and Hoang Anh Gia Lai Myanmar each earned three nominations.
This year’s Awards welcomed submissions from several of the country’s top and emerging real estate firms, including last year’s winner, Yoma Strategic Holdings. The developer picked up two nominations this year, including one for its Galaxy Towers at Star City Phase I.
“We’ve received very high quality entries across the board. Many different types of companies and projects have entered. And all of them are very high standard in 2016 in terms of actual developments, so we’re quite happy with all the finalists,” said Richard Emerson, former Country Manager of Savills Myanmar, and chairman of the judging panel.
“It’s fair to say that we got a lot of entries from very large-scale projects this year, which were missing from last year’s lineup. This gives the Myanmar Property Awards breadth.”
The 2016 edition of the awards was launched nearly six months ago. All eligible entries have been undergoing a fair and transparent judging process, which included site visits from the judges in recent weeks. The winners will be announced on 30 June during a gala dinner at the Sule Shangri-La Yangon.
This article was first published on DDproperty.com, Thailand’s leading property site.
