Press conference held in Phnom Penh to announce the official shortlist of the PropertyGuru Cambodia Property Awards 2017.
11 leading property developers have been shortlisted for the second annual PropertyGuru Cambodia Property Awards 2017, with master developer Shukaku leading the race with a total of five nominations.
Over 30 projects in Phnom Penh, Siem Reap and Sihanoukville have joined this year’s competition, with the winners and highly commended developers set to be announced at a black-tie gala dinner on 24 March at Sofitel Phnom Penh Phokeethra.
The winners from Cambodia will move forward to compete in the regional grand finals at the PropertyGuru Asia Property Awards, which takes place in Singapore in November.
“We’re delighted to be back in Cambodia for a second year to promote the best projects and help property seekers in identifying the best developers to target for their dream homes and property investments,” said PropertyGuru Group CEO Hari V. Krishnan.
Meanwhile, the competition’s head judge, Sorn Seap, who is also Vice President of the Cambodian Valuers and Estate Agents Association, revealed that astonishing growth in the kingdom’s property market over the last 10 years has made it very attractive for Asian investors.
In 2007, there were only two high-rise buildings in Phnom Penh, but now there are hundreds across the city. Land prices have also soared by up to 70 percent in the last decade, with certain projects valued between US$3,500 and US$4,500 per sq m, he noted.
Below is the complete shortlist:
DEVELOPMENT CATEGORIES
Best Condo Development (Phnom Penh)
- Habitat by Habitat
- The Gateway by TACC (C.R.) Ltd
Best Housing Development (Phnom Penh)
- Grand Star Platinum by Borey Peng Huoth Group
- Residence90 by Shukaku
Best Residential Development (Siem Reap)
- Les Bijoux d’Angkor by Les Bijoux d’Angkor
- Phum Barang by MTP Invest
Best Office Development
- The Gateway by TACC (C.R.) Ltd
- The Vanguard by Shukaku
Best Retail Development
- Copper Cambodia by LMYP Co., Ltd
- The EDGE by Shukaku
Best Hotel Development
- Courtyard by Marriott Phnom Penh by Khou Investment Co., Ltd
- Sun and Moon Urban Hotel by Ada / LBL International
Best Mixed-Use Development
- D’Seaview by Camhomes (Under HLH Group)
- The Gateway by TACC (C.R.) Ltd
DESIGN CATEGORIES
Best Residential Architectural Design
- Habitat by Habitat
- Residence90 by Shukaku
Best Residential Interior Design
- Habitat by Habitat
- Les Bijoux d’Angkor by Les Bijoux d’Angkor
Best Retail Architectural Design
- The EDGE by Shukaku
Best Hotel Architectural Design
- Sun and Moon Urban Hotel by Ada / LBL International
Best Hotel Interior Design
- Courtyard by Marriott Phnom Penh by Khou Investment Co., Ltd
- Rosewood Phnom Penh by Rosewood Phnom Penh
- Sun and Moon Urban Hotel by Ada / LBL International
SPECIAL AWARD
Special Recognition in Green Development
- Phum Barang by MTP Invest
Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
