The 9th PropertyGuru Indonesia Property Awards call for outstanding real estate as market recovers
Awards can be used as benchmark for excellence by Indonesian consumers with purchasing power who seek reputable real estate products
JAKARTA, Indonesia — The PropertyGuru Indonesia Property Awards return for their ninth edition in 2023 as the archipelago’s property market continues to tread the path of recovery.
The 9th Annual PropertyGuru Indonesia Property Awards 2023, presented by Kohler, are calling on property developers and design practices to submit entries for a chance to win hallmarks of excellence as the Gold Standard of real estate.
Submissions are accepted online until 7 July 2023 via: asiapropertyawards.com/nominations
The prestigious awards programme seeks to recognise Indonesia’s finest real estate as the property market indicates positive trends following the easing of pandemic restrictions. Searches for residential properties priced above IDR1 billion continue to increase, signifying that consumer purchasing power is still maintained, according to the Indonesia Property Market Report Q1 2023 released by Rumah.com, the official portal partner of the Awards.
More: Indonesia’s economic growth and real estate boom fuel development
Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “We are excited to be once again searching for the finest real estate companies and developments in Indonesia, a cornerstone of the PropertyGuru Asia Property Awards series. We have seen the property market in Indonesia diversify extensively in the eight years we have held the gala celebration here. We are proud to have recognised the Indonesian real estate sector’s towering achievements, which include some of the region’s tallest buildings as well as praiseworthy industrial developments and logistics hubs. We can’t wait to see what Indonesia creates next.”
Vivin Harsanto, chairperson of the PropertyGuru Indonesia Property Awards, and senior director and head of advisory at JLL Indonesia, said: “Indonesia’s property market remains resilient, and the lifting of social restrictions has further fueled an uptick in market activity. This is propelled by positive demand for landed homes from end users and a healthy appetite for modern warehouses from third-party logistics and FMCG. The real estate industry is also benefiting from expanding toll road networks and transport infrastructure projects. Against this positive backdrop, we are very excited to open the 9th edition of the PropertyGuru Indonesia Property Awards this year to worthy competitors all over the archipelago. We are seeing property seekers in Indonesia become more knowledgeable in choosing products, and projects with reputable, award-winning developers tend to be on their shortlist.”
The exclusive 2023 gala dinner and ceremony of the PropertyGuru Indonesia Property Awards will be held at The Ritz-Carlton Jakarta, Pacific Place, the official venue of the Awards, on Friday, 15 September.
Key dates for the 2023 edition:
- 7 July 2023 – Entries Close
- 31 July – 18 August 2023 – Site Inspections
- 23 August 2023 – Final Judging
- 15 September 2023 – Gala Dinner and Awards Ceremony in Jakarta, Indonesia
- 8 December 2023 – Regional Grand Final Gala Presentation in Bangkok, Thailand
Nominations from the public are also encouraged to be submitted before 7 July 2023: asiapropertyawards.com/nominations
An independent panel of judges, led by Harsanto and composed of experts in fields ranging from real estate consultancy to design, will rigorously inspect and deliberate over eligible entries to the Awards.
HLB, the global network of independent advisory and accounting firms, upholds the fairness, credibility, and integrity of the selection process. As the official supervisor of the Awards, HLB makes full use of a professionally run, fully transparent judging system.
Main country winners of the PropertyGuru Indonesia Property Awards will qualify to compete with the region’s best at the 18th PropertyGuru Asia Property Awards Grand Final 2023 on 8 December in Bangkok, Thailand.
More: The best of the best real estate developers, projects prevail at 17th PropertyGuru Asia Property Awards Grand Final
Developers from Indonesia represented the nation successfully last year at the 17th PropertyGuru Asia Property Awards Grand Final. The Best Township Development (Asia) award went to Kota Baru Parahyangan by PT. Belaputera Intiland while the Best Township Masterplan Design (Asia) award went to PIK2 Sedayu Indo City by Agung Sedayu Group & Salim Group.
Autograph Tower at Thamrin Nine Complex by PT Putragaya Wahana, a member of Galeon Group, won Best Office Development (Asia) while LRT City Jatibening by KSO PT Adhi Commuter Properti Tbk. & PT Urban Jakarta Propertindo Tbk won Best Connectivity Condo Development (Asia). Metland Cibitung by PT Fajarputera Dinasti, a subsidiary of PT Metropolitan Land Tbk., won Best Connectivity Housing/Landed Development (Asia) while LOGOS Cikarang Logistics Park by LOGOS Indonesia was named Best Green Industrial Development (Asia).
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, China, Greater Niseko in Japan, and India.
Organised by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, the 9th PropertyGuru Indonesia Property Awards are supported by platinum sponsor Kohler; official venue The Ritz-Carlton Jakarta, Pacific Place; official portal partner Rumah.com; official magazine Property Report by PropertyGuru; official publicity partner Publicom Communications; media partners Detik Finance and Kompas; and official supervisor HLB.
For more information, email [email protected] or visit the official website: AsiaPropertyAwards.com.
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