{"id":24187,"date":"2016-06-30T17:35:28","date_gmt":"2016-06-30T10:35:28","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=24187"},"modified":"2021-06-28T17:47:39","modified_gmt":"2021-06-28T10:47:39","slug":"meet-the-winners-from-the-myanmar-property-awards-2016","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/meet-the-winners-from-the-myanmar-property-awards-2016\/","title":{"rendered":"Meet the Winners from the Myanmar Property Awards 2016"},"content":{"rendered":"

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Shwe Taung takes home the Best Developer gong, while\u00a0Keppel Land and Capital Development are among the year’s top winners<\/p>\n

All together onstage: the Winners and Highly Commended at the Myanmar Property Awards 2016<\/p>\n

Drumroll please!<\/p>\n

One of the leading corporations in Myanmar, Shwe Taung Development Co Ltd, picked up the year\u2019s highest honour for Best Developer\u00a0at the biggest and most exclusive real estate event in the country, the Myanmar Property Awards 2016, presented by\u00a0Samsung<\/a>.<\/p>\n

A finalist in six categories, Shwe Taung also collected three more awards \u2013 one for Best Office Development and two design accolades (Best Retail Architectural Design and Best Office Architectural Design) \u2013 plus a commendation for the Junction City Shopping Centre, a mixed-use project undertaken by its subsidiary City Square Commercial Co Ltd.<\/p>\n

The acclaimed development\u2019s hospitality component, Pan Pacific Yangon, twice received Highly Commended honours from the independent panel of judges, while the residential component, Crystal Residences, was one of the runners-up for the Best Condo Development accolade that went to The Gems Garden Condominiums by three-time winner Capital Development Ltd.<\/p>\n

Best Developer gong goes to four-time winner Shwe Taung Development Co Ltd, led by Aung Than, deputy CEO of Construction, and Sandar Htun, managing director, Shwe Taung Group. The award was presented by Richard Emerson of Emerson Real Estate, chairman of the judges<\/p>\n

For its outstanding interiors, The Gems Garden Condominiums was also presented with the Best Residential Interior Design trophy, as well as the \u2018Best of the Best\u2019 honour for Best Residential Development (Myanmar) that will allow it to move forward and compete at the grand finals in the South East Asia Property Awards 2016 in Singapore this November.<\/p>\n

Another development that is set to make a splash at the regional grand finals is\u00a0Sedona Hotel Yangon (Inya Wing) by Keppel Land, a four-time victor this year and winner in all categories for which it was nominated.<\/p>\n

With such formidable contenders coming from various segments of the local property sector, the second annual Myanmar Property Awards has this year welcomed a new category for Best Boutique Developer, which went to Green Vision Construction Company Limited. Nominated for four awards, Hoang Anh Gia Lai Myanmar Co Ltd finished the awards gala with one win for Myanmar Plaza for Best Retail Development.<\/p>\n

Following on from a hugely successful inaugural ceremony last year that was attended by more than 250 guests, the Myanmar Property Awards 2016 Gala Dinner gathered more than 300 of the country\u2019s real estate elite and leaders at the prestigious Sule Shangri-La Yangon to reward the finest developers and developments of the past year.<\/p>\n

According to Richard Emerson, managing director of Emerson Real Estate (Myanmar) and chairman of the independent panel of judges, the high standards seen across all the official nominees will increase Myanmar\u2019s chances at the regional grand finals. \u201cTheir quality in terms of design and construction and success will be easily able to succeed on a regional level,\u201d he said.<\/p>\n

With BDO Myanmar as the official supervisor, the credibility of the Myanmar Property Awards was also reinforced this year when the PropertyGuru Group, Asia\u2019s leading online property group, has taken over as organiser. A total of\u00a022\u00a0developers were shortlisted this year, while\u00a017\u00a0awards were given away following a rigorous, six-month nomination and judging process.<\/p>\n

\u201cThe awards are a showcase of the exciting developments currently underway in Myanmar,\u201d said Paul Ashburn, co-managing partner of BDO. \u201cThe enthusiasm shown by the entrants is very encouraging and a healthy sign for the potential of the country’s real estate market.\u201d<\/p>\n

In recent quarters, there has been a steady surge in demand for various types of outstanding property developments in Myanmar especially in Yangon. The judges also noted that there are a number of world-class renovation projects that should be recognised as well.<\/p>\n

In fact, two outstanding properties were cited in the new category for Special Recognition for Renovated Property: 491-501 Merchant Street by Turqouise Mountain, and Scott @ 31st Street by Haven Development Co Ltd.<\/p>\n

Showing generous support for the country\u2019s emerging real estate and building sectors, this year\u2019s title sponsor Samsung Myanmar also added to the prestige of the awards programme.<\/p>\n

\u201cAs one of the world\u2019s leading consumer product brands, we strongly believe that the robust growth of Myanmar\u2019s real estate industry reflects the country\u2019s progressing economy. Our heartfelt congratulations also go to the all the Winners and Highly Commended this year,\u201d commented Nam Sik Ahn, managing director of Samsung Myanmar.<\/p>\n

In addition, one of Myanmar\u2019s most respected and veteran businessmen,\u00a0Serge Pun<\/a>, executive chairman of the SPA Group of Companies, attended the black-tie gala to receive the\u00a0Real Estate Personality of the Year<\/a>\u00a0trophy, a non-compete award given by the editors of\u00a0Property Report<\/i>, Asia\u2019s leading luxury real estate, architecture and design publication.<\/p>\n

Pun\u2019s real estate company, Yoma Strategic Holdings, won Best Developer in 2015 and this year collected two honours for its residential projects. \u201cI hope this recognition would push us to produce better products to serve customers in the future,\u201d he said of his award. \u201cI think the Myanmar real estate sector will be continue to be strong in the foreseeable future.\u201d<\/p>\n

The good and the bad in the industry were discussed earlier in the day at the first-ever\u00a0Property Report Congress Myanmar 2016<\/a>, a high-level conference featuring top regional executives and local experts. The conference, which featured keynote speeches and panel discussions on online marketing, mortgage planning and property management, took place right before the Gala Dinner and was attended by more than 100 real estate professionals from Yangon and overseas.<\/p>\n

\u201cMyanmar is certainly primed for more success in the real estate sector based on what we have seen this year,\u201d said Terry Blackburn, founder and managing director of the Asia Property Awards and\u00a0Property Report<\/i>. \u201cThe whole PropertyGuru Group is immensely proud of their achievements and we look forward to seeing these fine developments showcased across our international platforms.\u201d<\/p>\n

COMPLETE WINNERS & HIGHLY COMMENDED LIST <\/b><\/p>\n

PropertyGuru Asia Property Awards (Myanmar) 2016<\/b><\/p>\n

DEVELOPER AWARDS<\/b><\/span><\/p>\n

Best Developer<\/b><\/p>\n