8th PropertyGuru Vietnam Property Awards programme casts wider net of recognition for luxury, niche developers

Consumer confidence rises in the lead up to prestigious, exclusive black-tie gala celebration

• Greater variety of categories offers wide platform of recognition for different kinds of properties
• Black-tie gala dinner and ceremony to be held 21 October 2022 at the Gem Centre in HCMC
• Entries and nominations are open to eligible companies and the public until 12 August 2022

HO CHI MINH CITY, Vietnam — 30 June 2022

The PropertyGuru Vietnam Property Awards programme will give a wider platform this year to diverse, niche types of real estate, including luxurious homes and other properties in renowned locations across the country.

The 8th Annual PropertyGuru Vietnam Property Awards, presented by Kohler and supported by Häfele, Saint-Gobain Vietnam, and Dulux Professional by AkzoNobel Paints Vietnam, are set to honour a variety of residential, commercial and industrial properties against a backdrop of resurgent, buoyant consumer confidence.

The diversity of the categories opened this year reflects the speed of change taking place across the Vietnamese real estate landscape. As urbanisation accelerates across Vietnam and demand rises for homeownership, especially among young families starting businesses in major urban centres, residential and commercial properties alike have become top keywords for Batdongsan.com.vn, the official property portal of the PropertyGuru Vietnam Property Awards.

Robert Vu, CEO of Batdongsan.com.vn, said: “Substantial growth of the middle class in recent years has driven significant demand for housing. Parallel with this demand, Batdongsan.com.vn’s big data shows that the trends of homebuyers change rapidly—they prefer more spacious quarters, green space, amenities, and convenient transportation. These trends need to be fulfilled by a higher quality of residential offerings, and the quality of residential and commercial property in Vietnam has gone through continuous transformation as they strive to create more comfortable, classy, and liveable environments for classes of residents.”

The black-tie gala dinner and presentation of the 8th PropertyGuru Vietnam Property Awards will be held at the Gem Centre in Ho Chi Minh City (HCMC) on Friday, 21 October 2022.

Key dates and categories for 2022:

• 12 August 2022 – Entries Close
• 29 August – 23 September 2022 – Site Inspections
• 27 September 2022 – Final Judging
• 21 October 2022 – Gala Dinner and Awards Ceremony in Ho Chi Minh City, Vietnam
• 9 December 2022 – Regional Grand Final Gala Event

Nominations and entries are being accepted here: https://www.asiapropertyawards.com/en/nominations/

Exciting new categories

Exciting new categories are now open to developers of Vietnam’s best-developed and most well-designed real estate, including the award of Best Luxury Housing Development (Hanoi), among other titles for ultra-luxury and luxury residential properties. Never-before-presented titles will also be awarded to the finest residential projects in Quy Nhon and provinces in southern, northern and central Vietnam.

Other new categories will recognise real estate achievements in wellness lifestyle, state of completion, connectivity, branded development, eco-friendliness, co-working, education, mixed use, and F&B, plus titles for coastal and waterfront homes.

The desire to purchase residential real estate is still very high among the Vietnamese, with a staggering 92% of property seekers surveyed expressing an intent to buy homes in the future, according to Batdongsan.com.vn’s most recent Consumer Sentiment Report. More than half of these respondents are also looking to buy a house in the next two years, with HCMC and Hanoi emerging as the two most popular places in which to buy, followed by provinces adjacent to these major cities.

Rigorous selection

The independent panel of judges, which consist of leading experts in real estate consultancy, architecture and design, green building and sustainable development, rigorously select eligible entries to these categories.

Hang Dang, a member of the judging panel and managing director of CBRE Vietnam, said: “Although Covid-19 still posed challenges to the property market in 2021, Vietnam’s economy has been showing marked improvement. The performance of the Vietnamese market has been positive, with net absorption growing in Hanoi and HCMC, while asking rents in industrial parks, especially in southern Vietnam, have increased year-on-year. Primary condominium selling prices also continued to rise in Hanoi and HCMC. These positive shifts signal gathering tailwinds behind the Vietnamese property market’s climb up the recovery curve.”

The programme has maintained its reputation for being fair, transparent, and credible. The selection process in 2022 is supervised by the team of HLB, the global network of independent advisory and accounting firms, led by Do Manh Cuong, partner and deputy general director of AASC Ltd. – HLB Vietnam.

History of success

The latest edition of the PropertyGuru Vietnam Property Awards continues a history of success. Last year’s edition of the Awards marked the programme’s first hybrid gala celebration, gathering awardees in an exclusive setting and featuring a live screening of the virtual red carpet and awards presentation.

Around 71 winners across 56 categories were revealed in the hybrid gala celebration at the Park Hyatt Saigon in HCMC. Keppel Land clinched the top honour of Best Developer, plus three Special Recognition accolades and Best Mid End Condo Development (HCMC), a title it shared with Phu Long Real Estate Corporation for their Celesta Rise project.

One of the country’s most illustrious entrepreneurs also attended the innovative celebration last year. Le Van Kiem, founder and chairperson of KN Group, accepted the golden statuette for Vietnam Real Estate Personality of the Year, honouring his pioneering work with thriving golf communities.

More: Meet the 8th PropertyGuru Vietnam Property Awards’ independent panel of judges

Main country winners of the 2022 PropertyGuru Vietnam Property Awards will be able to compete for Best of Asia honours at the 17th PropertyGuru Asia Property Awards Grand Final on 9 December in Bangkok, Thailand.

The PropertyGuru Asia Property Awards virtual gala series, which began streaming in 2020 and continued in 2021, has garnered around 1 million views to date across multiple channels. Established in 2005, the PropertyGuru Asia Property Awards continue to reward high-calibre work within the industry – encompassing property development, construction, architecture, interior design, and sustainable building practices. The series has expanded over the years to cover the region’s dynamic property markets, including Australia, the Chinese markets, Japan, India, and Sri Lanka.

Organised by Southeast Asia’s leading property technology company, PropertyGuru Group (NYSE: PGRU), the 8th PropertyGuru Vietnam Property Awards programme is supported by platinum sponsor Kohler; gold sponsors Häfele and Saint-Gobain Vietnam; silver sponsor Dulux Professional by AkzoNobel Paints Vietnam; local partner Oriental Media Vietnam; official portal partner Batdongsan.com.vn; official magazine PropertyGuru Property Report; official PR partner T&H Communications; media partners Robb Report, Deluxe Magazine, and Vietnam Heritage; official ESG partner Baan Dek Foundation; and official supervisor HLB.

For more information, email [email protected] or visit the official website: AsiaPropertyAwards.com.