Personages representing a cross-section of real estate, infrastructure development, and Indo society rub elbows at the Ritz-Carlton ceremonies
The fifth edition of the PropertyGuru Indonesia Property Awards pulsated with guests representing the upper echelons of Indonesian aristocracy, plus high-level representatives of the nation’s finest development firms and infrastructure builders.
Lalitya Ciputra Sastrawinata, grandchild of Indonesian tycoon Ir. Ciputra, was one among 450 participants of the 19 September ceremonies at the Ritz-Carlton Jakarta, Pacific Place. The Ciputra Group director was on hand to accept the Indonesia Real Estate Personality of the Year award on behalf of her father Budiarsa Sastrawinata, managing director of Ciputra Group.
The affair, livestreamed on Medcom.id, culminated with previous Real Estate Personality of the Year winner Hendro Gondokusumo accepting Best Developer for PT Intiland Development Tbk: a gong the company had last won in 2016.
Over dinner that included Australian angus beef tenderloin and tea smoked barramundi, attendees—and viewers—saw 48 other awards presented at the gala dinner. These included an encore win for Triniti Land in the Best Boutique Developer category, an accolade it had won last year.
Emceed by Sasha Lauder, the ceremonies catapulted Astra Land Indonesia, PT. Easton Urban Kapital, and PT Modernland Realty Tbk into well-deserved wins in the new categories of Best Emerging Developer, Best Town House Development, and Best Industrial Estate Development.
For its Rumah Susun Masyarakat Berpenghasilan Rendah, Kabupaten Tulungagung project, the Ministry of Public Works and Housing won another new award, the Special Recognition for Public Housing. Ir. M. Hidayat, director of rumah susun, ditjen penyediaan perumahan, was present to accept the accolade for the ministry.
The well-received first phase of the MRT project in Jakarta—Indonesia’s first—would go on to win the Special Recognition for Public Facility, with Muhammad Kamaluddin, division head corporate secretary at PT MRT Jakarta, claiming the trophy.
Execs and staff of debut entrants Greenwoods Group, Investaland Indonesia, Genesis Indojaya, PT. Easton Urban Kapital, and PT Waskita Karya Realty further added star power to the glamorous function.
See complete list of winners here
NRI investors fuel India’s property boom amid favourable market and regulatory landscape
With market conditions and regulatory changes working in their favour, NRI investors are supercharging India’s real estate scene
Archetype Group’s Jean-Francois Chevance spearheads urban innovation in Southeast Asia
Archetype Group has overseen numerous transformative projects in Southeast Asia
Reimagining the future: Asia’s architects turn to heritage for sustainable solutions
Planners, designers, and developers around Asia are looking to the region’s past for inspiration as they attempt to reduce harmful carbon emissions
Government rolls the dice: Indonesia’s bid to revitalise real estate ahead of elections
The outgoing government is banking on tax breaks and other incentives to revive the country’s residential sector