5th Asia Property Awards

Sri Lanka

The country’s finest developers will be honoured at the exclusive gala dinner of the PropertyGuru Asia Property Awards (Sri Lanka) to celebrate the best projects, designs, and innovations within the industry throughout the past year.  

The 5th annual PropertyGuru Asia Property Awards (Sri Lanka) is the most respected and most sought-after real estate industry honours. The event is part of the regional PropertyGuru Asia Property Awards programme established in 2005. With a professionally run and supervised judging system, the Asia Property Awards is the gold standard in real estate. 

ENTRIES OPEN

01

Jan 2021

ENTRY FORM DEADLINE

03

Sep 2021

SITE INSPECTIONS

06-17

Sep 2021

FINAL JUDGING

20

Sep 2021

PHYSICAL GALA

05

Nov 2021

Developer Awards

Best Developer

Must have completed at least 3 residential, commercial, hospitality developments in Sri Lanka since January 2016. 

*Companies that enter Developer categories must also enter at least 1 development or design category.

Best Boutique Developer

Must have completed at least 1 boutique residential, commercial or hospitality development in Sri Lanka since January 2016. Boutique developments 

*Companies that enter Developer categories must also enter at least 1 development or design category.

Best Sustainable Developer

Must have completed at least 2 sustainable developments in Sri Lanka since 2016. Sustainable developers consistently implement environmentally sensitive design features, use low impact construction materials, and install energy, waste efficient systems. 

*Companies that enter Developer categories must also enter at least 1 development or design category.

Best Breakthrough Developer

Must have launched first project during or after 2020 and have at least one new project in the pipeline to be launched before the end of 2021. 

*Companies that enter Developer categories must also enter at least 1 development or design category.

Best Lifestyle Developer

Must have completed at least 2 lifestyle developments in Sri Lanka from 2016 to present. Lifestyle developers offer additional facilities in all their projects for residents to enhance their living experience, such as swimming pools, health and fitness areas, social spaces, children’s playgrounds, convenience stores.

*Companies that enter Developer categories must also enter at least 1 development or design category. 

Best Commercial Developer

Must have completed at least 2 commercial developments in Sri Lanka from 2016 to present. Commercial developments include office and/or retail projects. 

*Companies that enter Developer categories must also enter at least 1 development or design category.

Best Hospitality Developer

Must have completed at least 2 hospitality developments in Sri Lanka from 2016 to present. Hospitality developments include hotel and resort projects 

*Companies that enter Developer categories must also enter at least 1 development or design category.

Best Industrial Developer

Must have completed at least 2 industrial developments in Sri Lanka from 2016 to present. Industrial developments include manufacturing and/or logistics sector projects. 

*Companies that enter Developer categories must also enter at least 1 development or design category.

Best Mixed Use Developer

Must have completed at least 2 mixed use developments in Sri Lanka from 2016 to present. Mixed-Use developments should include a minimum of two interconnected components: residential, retail, office, hospitality, medical, entertainment etc 

*Companies that enter Developer categories must also enter at least 1 development or design category.

Special recognition awards

Special Recognition in ESG 

All shortlisted developers will be invited to submit details of their ESG activities.There is no direct entry for this category. The criteria used to judge developers eligibility for this award includes: 

  • Environmental features, systems and technology 
  • Social responsibility and diversity approaches 
  • Corporate governance and employee benefits 

Special Recognition in Sustainable Design and Construction

All shortlisted developers will be invited to submit details of their Sustainable Design activities.There is no direct entry for this category. The criteria used to judge developers eligibility for this award includes: 

  • Environmentally friendly design features 
  • Low impact materials selection 
  • Design durability and lifecycle assessment 

Best Luxury Condo Development (Colombo)

Open to condominiums with an average unit price of more than 40,000 LKR per sq. ft. The development must be completed in the period between January 2021 and December 2025. Must have a show unit.

Best Mid End Condo Development (Colombo)

Open to condominiums with an average unit price of 25,000 to 40,000 LKR per sq. ft. The development must be completed in the period between January 2021 and December 2025. Must have a show unit.

Best Affordable Condo Development (Colombo)

Open to condominiums with an average unit price of less than 25,000 LKR per sq. ft. The development must be completed in the period between January 2021 and December 2025. Must have a show unit.

Best Housing Development (Colombo)

Open to developments with more than 4 units of houses and/or villas. The development must be completed in the period between January 2021 and December 2025. Phases of a multiphase development are also eligible for entry. Must have a show unit.

Best Residential Development (Southern)

Open to condominiums, houses and villas. The development must be completed in the period between January 2021 and December 2025. Must have a show unit. Eligible projects should be located in Galle, Matara, and Hambantota

Best Residential Development (Central)

Open to condominiums, houses and villas in the Central part of Sri Lanka. The development must be completed in the period between January 2021 and December 2025. Must have a show unit. Eligible projects should be located in Kandy, Nuwara Eliya and Matale

Best Residential Development (North East)

Open to condominiums, houses and villas. The development must be completed in the period between January 2021 and December 2025. Must have a show unit. Must have a show unit. Eligible projects should be located in Jaffna, Kilinochchi, Mannar, Mullaitivu, Vavuniya

Best Residential Development (Maldives)

Open to condominiums, houses and villas. The development must be completed in the period between January 2021 and December 2025. Must have a show unit.

Best Residential Development (Malé)

Open to condominiums, houses and villas. The development must be completed in the period between January 2021 and December 2025. Must have a show unit.

Best Residential Waterfront Development

Open to condominiums, houses and villas. The development must be completed in the period between January 2021 and December 2025. Must have a show unit. Minimum of 30% of the development should have a waterfront view. The view should be from at least (minimum) 2nd floor onwards

Best Office Development 

The development must be completed in the period between January 2020 and December 2025. 

Best Retail Development 

Open to retail developments with more than 20,000 GFA. The development must be completed in the period between January 2020 and December 2025. 

Best Hotel Development 

The development must be completed in the period between January 2020 and December 2025.

Best Boutique Hotel Development

Open to hotels with maximum two (2) story’s, less than twenty (20) rooms and no banquet facilities provided. The development must be completed in the period between January 2020 and December 2025.

Best Mixed Use Development  

Open to Mixed Use developments with two or more components, including residential, office, retail, hospitality, medical and entertainment. The development must be completed in the period between January 2020 and December 2025.

Best Mixed Use Development (Maldives)

Open to Mixed Use developments with two or more components, including residential, office, retail, hospitality, medical and entertainment. The development must be completed in the period between January 2020 and December 2025.

Best Industrial Development  

Open to Industrial developments. The development must be completed in the period between January 2020 and December 2025. Industrial developments include manufacturing and/or logistics sector projects.

Best Green Development  

Open for Residential and Commercial Projects. The development must be completed in the period between January 2020 and December 2025. Open to developments with internationally recognized green certification (granted). The developer must submit relevant documents, images and certifications to support each entry as evidence of: - Energy saving systems - Water management systems - Waste management systems - Health related features

Design Awards

Best Condo Architectural Design

The development must be completed in the period between January 2021 and December 2025. General criteria include concept, form, use of space, design innovation, materials selection, longevity, environmental impact. 

Best Housing Architectural Design

The development must be completed in the period between January 2021 and December 2025. Criteria is applied to the full masterplan design and includes aesthetics, variety, accessibility, design innovation, materials selection, longevity, environmental impact 

Best Residential Interior Design  

The development must be completed in the period between January 2021 and December 2025. General criteria include interior themes, colours, textures, finishing, functionality, relevance, innovation, safety, health, ease of maintenance 

Best Retail Architectural Design

The development must be completed in the period between January 2020 and December 2025. General criteria include concept, form, shape, use of space, design innovation, materials selection, longevity, environmental impact. 

Best Office Architectural Design  

The development must be completed in the period between January 2020 and December 2025. General criteria include concept, form, shape, use of space, design innovation, longevity, materials selection, longevity, environmental impact. 

Best Hotel Architectural Design

The development must be completed in the period between January 2020 and December 2025. General criteria include concept, form, shape, use of space, design innovation, longevity, materials selection, longevity, environmental impact. 

Best Hotel Interior Design 

The development must be completed in the period between January 2020 and December 2025. General criteria include theme, colour, texture, finishing, comfort, functionality, relevance, innovation, maintenance, health and safety. 

Best Mixed Use Architectural Design

The development must be completed in the period between January 2020 and before December 2025. General criteria include concept, form, shape, use of space, design innovation, longevity, materials selection, longevity, environmental impact. 

Best Landscape Architectural Design 

Open to both residential and commercial projects. The development must be completed in the period between January 2020 and December 2025. General criteria include consistency (flora & outdoor features), proportion, plant variety, innovation, accessibility, segmentation, special transition, ease of maintenance, environmental impact 

Best Co Working Space

The development must be completed in the period between January 2020 and December 2025General criteria include concept, space planning, functionality, communal area design, private area design, colour, texture, finishing, comfort, materials selection, longevity, environmental impact. 

Special Awards

Special Recognition for Public Facility      

Open to healthcare, education, public service, transportation, public assembly and religious facilities that are owned, leased or operated by a governmental or public entity. No direct entry. The winner(s) will be selected by the panel of judges.  

Publisher's Choice

Real Estate Personality of the Year       

Chosen by Editorial team of PropertyGuru Property Report Magazine. No direct entry.  

Judge Panel

Dr. Nirmal De Silva

Chairperson (Sri Lanka)

Director/CEO, Paramount Realty

Stephanie Balendra

Director, Homes N Spaces Lanka Properties (pvt) Ltd.

Emeritus Prof. Chitra Weddikkara

Managing Director, QServe Pte Ltd.

Roshan Madawela

Founding Director / CEO, RIU Real-Estate Intelligence Unit

Natalie Pendigrast

Founder/Director ,Pendi PVT Ltd

Nilesh De Silva

Chartered Architect | Director, Kahawita De Silva & Associates Pvt Ltd (Kds)

William Vincent Asoka Tilakawardane

Fellow of the Institute of Project Managers (Sri Lanka)

Nandike D. Samaranayake

Chartered Architect  , AIA (SL)

The PropertyGuru Asia Property Awards (Sri Lanka) gala dinner and awards presentation ceremony will be held at Shangri-La Colombo on 03 September 2021. 

Tickets are exclusive for finalists and event partners only and made available on a first come, first served basis. 

Industry leaders and VIPs attend our gala event, which is exclusive for shortlisted developers, sponsors and partners, comprising C-level and senior industry figures in real estate development, property consultancy, construction, marketing, property technology, legal, finance, and architecture and design. Select members of the media cover the event. Register now! 

* Dress Code: Black Tie

5:00 pm

Registration and Cocktail Reception

6:30 pm

Opening Ceremony

7:15 pm

Dinner

8:15 pm

Awards Presentation

10:00 pm

Closing and Post-Award Cocktails