Sri Lanka and the Middle East’s top real estate achievements recognised at 2025 PropertyGuru Asia Property Awards

Luxurious developments, spanning prime districts in the UAE and coastal cities in Sri Lanka, set new benchmarks in real estate excellence

BANGKOK, Thailand — The 2025 PropertyGuru Asia Property Awards recognised real estate excellence from Sri Lanka and the Middle East today during the International Luncheon at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.

Home Lands Group of Companies won the coveted titles of Best Developer and Best Lifestyle Developer at the 2025 PropertyGuru Asia Property Awards (Sri Lanka). The developer was also honoured for the projects Pentara Residencies – Thummulla Handiya “The Address in Colombo”, winner of Best Luxury Condo Development (Colombo); Santorini Resort Apartments & Residencies, Negombo, winner of Best Completed Condo Development; and Bayfonte Marina Resort Apartments & Villas, Negombo, winner of Best Waterfront Condo Development.

Other Sri Lankan winners were Groundworth (Pvt) Ltd, recipient of the Special Recognition for Land Investments, and Urbanspace Interiors Pvt Ltd., winner of Best Condo Interior Design for the Pentara Model Apartment.

Chedi Hospitality showcased the finest real estate in the Middle East. The luxury hotel group was awarded Best Branded Residential Development (UAE) for The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates.

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “South Asia and the Middle East offer investors and end-users alike compelling value propositions with a variety of property types, including luxury branded residences, curated lifestyle concepts, and more. From prime districts in the UAE to coastal cities in Sri Lanka, these markets present developments that take advantage of their location and visual appeal. This year’s winners provide a solid foundation for the next generation of developers to build upon.”

Dr. Nirmal De Silva, chairperson of the judging panel of the PropertyGuru Asia Property Awards (Sri Lanka) and director and CEO of Paramount Realty, said: “Grounded in ambition and shaped by the island’s unique natural beauty, Sri Lanka’s real estate market deserves these moments of recognition. From the luxury condominiums and waterfront residences of Colombo and Negombo to the masterful interior designs that modernise island living, these achievements not only exemplify real estate excellence but also embrace the distinctive context and character of this remarkable island. Congratulations to all our winners in Sri Lanka.”

The 2025 PropertyGuru Asia Property Awards (Sri Lanka) featured an independent panel of judges, including Dr. Nirmal De Silva; Emeritus Prof. Chitra Weddikkara, managing director of QServe Pte Ltd.; Roshan Madawela, founding director and CEO of the Research Intelligence Unit (RIUNIT); Nandike D. Samaranayake, chartered architect, AIA (SL); and Stephanie Balendra, director of Homes N Spaces Lanka Properties (Pvt) Ltd.

Related: Colombo’s growth story and its future

The 2025 PropertyGuru Asia Property Awards (Middle East) featured a separate independent panel, composed of Sam Issa, managing director of Realpoint Real Estate Consultancy LLC; Chelsea Elise Perino, managing director of Global Marketing & Communications at The Executive Centre; Imad Damrah, managing director – KSA at Colliers International; James A. Kaplan, CEO of Destination Capital Company Limited; and Stephen Oehme, director of Quantum Analysis PTE LTD Singapore.

Dinuk Hettiarachchi, managing partner of HLB Sri Lanka, represented by Nihal Hettiarachchi & Company, Chartered Accountants, supervised the judging process for Sri Lanka. The selection process for the Middle East was supervised by HLB under the leadership of Lavin Nalinababu and Khalid Otain.

Winners advanced to compete for the coveted Best in Asia titles at the PropertyGuru Asia Property Awards Grand Final, also held on 12 December 2025 in Bangkok, Thailand.

Celebrating its 20th edition in 2025, the PropertyGuru Asia Property Awards series encompasses leading property markets across the region, including Australia, Hong Kong, Indonesia, Japan, Macau, Mainland China, Malaysia, the Middle East, the Philippines, Singapore, Sri Lanka, Thailand, and Vietnam.

The 2025 PropertyGuru Asia Property Awards (Sri Lanka) and 2025 PropertyGuru Asia Property Awards (Middle East) are supported by official property portal PropertyGuru; official magazine Property Report by PropertyGuru; and official supervisor HLB.

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

COMPLETE LIST OF WINNERS

2025 PropertyGuru Asia Property Awards (Sri Lanka)

DEVELOPER AWARDS

Best Developer
WINNER: Home Lands Group of Companies

Best Lifestyle Developer
WINNER: Home Lands Group of Companies

DEVELOPMENT AWARDS

Best Luxury Condo Development (Colombo)
WINNER: Pentara Residencies – Thummulla Handiya “The Address in Colombo” by Home Lands Group of Companies

Best Completed Condo Development
WINNER: Santorini Resort Apartments & Residencies, Negombo by Home Lands Group of Companies

Best Waterfront Condo Development
WINNER: Bayfonte Marina Resort Apartments & Villas, Negombo by Home Lands Group of Companies

DESIGN AWARD

Best Condo Interior Design
WINNER: Pentara Model Apartment by Urbanspace Interiors Pvt Ltd.

SPECIAL AWARD

Special Recognition for Land Investments
WINNER: Groundworth (Pvt) Ltd

2025 PropertyGuru Asia Property Awards (Middle East)

DEVELOPMENT AWARD

Best Branded Residential Development (UAE)
WINNER: The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates by Chedi Hospitality