Myanmar Property Awards 2015: the winners

It’s official, these are the best projects and property developers in the country!

Some 250 of Myanmar’s top real estate executives and industry leaders celebrated the achievements of the country’s best developers, developments and design firms as they gathered at Yangon’s prestigious Sule Shangri-La hotel this evening for the first annual Myanmar Property Awards 2015.

Free, fair and transparent, the Myanmar Property Awards are part of the decade-old Asia Property Awards, the biggest, most recognised and most respected real estate awards programme in the region. The exclusive black-tie gala dinner and awards ceremony was the result of a detailed six-month nomination process and comprehensive site visit period, conducted by an independent panel of judges.

The evening’s top honour – Best Developer – went to Yoma Strategic Holdings Ltd, while Naing Group Capital Co Ltd and Green Vision Co Ltd collected Highly Commended accolades in the category. Yoma also picked up the Best Landscape Architecture Design trophy for Star City Thanlyin, as well as two Highly Commended certificates for the residential categories for Galaxy Towers at Star City.

“We’re very proud to receive this award since we faced outstanding developers who were also in the running for this honour,” said Cyrus Pun, head of real estate and executive director of Yoma Strategic Holdings. “It’s an exciting time for the Myanmar property market, especially in the last few years. We’ve been in the industry for a long time and we’re glad that the time has come for Myanmar property to be recognised in this way. We thank Ensign Media and we believe they should continue giving out these awards for many years.”

Other big winners of the evening included Shangri-La Yangon Company Ltd, recipient of the Best Residential Interior Design and Best Residential Development (Myanmar) trophies for the Shangri-La Serviced Apartments. Myint & Associate Co. Ltd., which bagged the Best Office Development and Best Office Architectural Design awards, was also presented with the Best Commercial Development (Myanmar) accolade for the Vantage Tower development on Yangon’s iconic Pyay Road.

“The developments rewarded here tonight represent the finest current projects in the country in our first year in Myanmar,” said Terry Blackburn, CEO of Ensign Media, awards organiser and publisher of Asia’s industry leading Property Report magazine. “This year’s Winners and Highly Commended developments have put Myanmar on the real estate map.”

The top winners in Myanmar will be showcased on the regional stage and compete with other domestic winners at the South East Asia Property Awards grand finale, which will be held at Singapore’s Shangri-La Hotel on 21 October 2015. The region’s biggest real estate event will be preceded by the first-ever Property Report Congress.

“As the Awards are well-respected and established in other markets, the Winners should receive strong recognition throughout the region, and through such recognition, they will be able to build their brand as market leaders within the Myanmar real estate industry,” said Richard Emerson of Savills Myanmar, chairman of the panel of judges. “It will also help to differentiate the better quality projects at a local level, which should add to increased credibility and trust from a buyer or occupier’s perspective.”

In addition to the awards categories, a special recognition was given to Dr. Stephen Suen, founding chairman of the Marga Group of companies. Suen was named Real Estate Personality of the Year by the editors of Property Report for his recent contributions to the industry, namely being the driving force behind the ambitious Dagon City 1 project in Yangon.

The event was co-sponsored by gold sponsors Ariston and Mitsubishi Electric, and silver sponsor TEKA, and top regional and local media organisations, including Myanmar Times, Mizzima News, The Irrawaddy, Crossroads, Myanmar Banking & Finance Magazine, House.com.mm and iMyanmarHouse.com, supported the Awards in addition to local partner MDL Company, and two of the country’s leading business associations, the Australia-Myanmar Chamber of Commerce and the British Chamber of Commerce Myanmar.

“Why have the Asia Property awards been so successful? One word. Credibility,” said Blackburn. ”Developers have made their best efforts to build the best projects they can, so they deserve the best awards system we can offer. We believe in free to enter. Fair judgment for all and transparency of process. We are looking forward to returning next year and in the years to come and to becoming the benchmark for recognising high quality real estate in Myanmar.”

For more information on the Myanmar Property Awards, visit the website: asiapropertyawards.com/myanmarpropertyawards

COMPLETE WINNERS & HIGHLY COMMENDED LIST

BEST OF THE BEST AWARDS

Best Developer

• WINNER: Yoma Strategic Holdings Ltd.
• HIGHLY COMMENDED: Green Vision Co. Ltd., Naing Group Capital Co. Ltd.

Best Residential Development (Myanmar)

• WINNER: Shangri-La Serviced Apartments – Shangri-La Yangon Company Ltd.

Best Commercial Development (Myanmar)

WINNER: Vantage Tower – Myint & Associate Co. Ltd.

PUBLISHER’S CHOICE

Real Estate Personality of the Year

• Dr. Stephen Suen, founding chairman, Marga Group of Companies

DEVELOPMENT AWARDS

Best Condo Development

• WINNER: Diamond Inya Palace Condominium – Mandalay Golden Wing Construction Ltd.
• HIGHLY COMMENDED: Galaxy Towers at Star City – Yoma Strategic Holdings Ltd., INFINITY Luxury Condominium – KHG Development Co. Ltd., The Gems Garden Condominium – Capital Diamond Star Group, The Illustra at Pho Sien – PSWN Development Co. Ltd

Best Office Development

• WINNER: Vantage Tower – Myint & Associate Co. Ltd.
• HIGHLY COMMENDED: OEPG Office – Ocean Emerald Pearl Group Co. Ltd., Parkside One – Green Vision Co. Ltd.

Best Hotel Development

• WINNER: Kempinski Hotel Nay Pyi Taw – Jewel Luck Family Co. Ltd.
• HIGHLY COMMENDED: Ngwe Saung Yacht Club & Marina – Ngwe Saung Yacht Club and Marina Development Limited, The Rose Garden Hotel – Emerald Development Ltd.

Best Serviced Office Development

• WINNER: Hintha Business Centres – Hintha Business Limited
• HIGHLY COMMENDED: The Keier Group – The Keier Group Myanmar Co. Ltd., My Yangon Office – Green Vision Co. Ltd.

Best Renovated Property

• WINNER: The Strand Mansion – Synapse Original Company
• HIGHLY COMMENDED: Inya Myaing Serviced Residence – Green Vision Co. Ltd., Parkside One – Green Vision Co. Ltd., Rangon TeaHouse – Rangon TeaHouse, Union Bar – 57 Below Company

DESIGN AWARDS

Best Residential Architectural Design

• WINNER: The Illustra at Pho Sien – PSWN Development Co. Ltd
• HIGHLY COMMENDED: Diamond Inya Palace Condominium – Mandalay Golden Wing Construction Ltd., INFINITY Luxury Condominium – KHG Development Co. Ltd., May Inya Condominium – Ocean Emerald Pearl Group Co. Ltd., The Gems – Capital Diamond Star Group

Best Residential Interior Design

• WINNER: Shangri-La Serviced Apartments – Shangri-La Yangon Company Ltd.
• HIGHLY COMMENDED: Diamond Inya Palace Condominium – Mandalay Golden Wing Construction Ltd., Galaxy Towers at Star City – Yoma Strategic Holdings Ltd., INFINITY Luxury Condominium – KHG Development Co. Ltd., The Illustra at Pho Sien – PSWN Development Co. Ltd

Best Office Architectural Design

• WINNER: Vantage Tower – Myint & Associate Co. Ltd.
• HIGHLY COMMENDED: OEPG Office – Ocean Emerald Pearl Group Co. Ltd., Parkside One – Green Vision Co. Ltd., ShweGone Emotion Tower – December Construction Co. Ltd.

Best Hotel Architectural Design

WINNER: Kempinski Hotel Nay Pyi Taw – Jewel Luck Family Co. Ltd.

HIGHLY COMMENDED: Ngwe Saung Yacht Club & Marina – Ngwe Saung Yacht Club and Marina Development Limited, The Rose Garden Hotel – Emerald Development Ltd.

Best Hotel Interior Design

WINNER: Kempinski Hotel Nay Pyi Taw – Jewel Luck Family Co. Ltd.

HIGHLY COMMENDED: Ngwe Saung Yacht Club & Marina – Ngwe Saung Yacht Club and Marina Development Limited, The Rose Garden Hotel – Emerald Development Ltd.

Best Landscape Architecture Design

WINNER: Star City-Thanlyin – Yoma Strategic Holdings Ltd.

HIGHLY COMMENDED: Golden City – Golden Land Real Estate Development Co. Ltd., Kempinski Hotel Nay Pyi Taw – Jewel Luck Family Co. Ltd., Ngwe Saung Yacht Club & Marina – Ngwe Saung Yacht Club and Marina Development Limited