PropertyGuru Myanmar Property Awards in partnership with Shwe Property celebrates contemporary, heritage real estate achievements

Virtual edition of Myanmar’s biggest real estate awards programme leverages platforms of the country’s number one real estate portal and Southeast Asia’s leading proptech company

• Capital Development Ltd. wins three Developer awards, including Best Developer, while SCW Development Group Ltd, winner of Best Breakthrough Developer, wins the coveted Best Condo Development (Myanmar) and Best Luxury Condo Development titles for its Skysuites project
• Secretariat Yangon, one of Myanmar’s most important historical sites, wins Best Heritage Renovated Property
• Industrial, mixed-use, and township projects by Ayeyarwaddy Development Public Co., Ltd., Dagon International Limited, and Meeyahta Development Limited garner various Development awards
• Win Win Tint, Group CEO of City Holdings Limited, becomes first woman to receive the Myanmar Real Estate Personality of the Year title

YANGON, Myanmar –– 26 November 2020

Another year of achievements in real estate development was celebrated on Thursday, 26 November during the inaugural virtual gala event and awards ceremony of the PropertyGuru Myanmar Property Awards in partnership with Shwe Property.

This year’s highly awaited celebration of the Myanmar real estate industry saw 25 trophies presented to 12 of the country’s outstanding development companies. Capital Development Ltd. won three of seven Developer awards presented at the ceremony, namely Best Developer, Best Commercial Developer, and Best Mixed Use Developer. The company also won Best Office Development for Mandalay Financial Center, the first grade A commercial tower in Mandalay.

SCW Development Group Ltd was named Best Breakthrough Developer. The company gained two of the night’s highest accolades for projects: Best Condo Development (Myanmar) and Best Luxury Condo Development, both for its Skysuites project.

Dagon International Limited also won multiple Developer awards: Best Sustainable Developer and Best Industrial Developer. Elite World Trading Co., Ltd meanwhile clinched the title of Best Lifestyle Developer, boosted by a win of Best Wellness Development   for its Imperial Clinic project.

Capital Development Ltd. and Dagon International Limited, along with Ayeyarwaddy Development Public Co., Ltd. and Sun Myat Tun Construction Co., Ltd., also received special honours, including the Special Recognition for Building Communities, Special Recognition for CSR, Special Recognition for ESG, and Special Recognition for Sustainable Construction.

More: PropertyGuru Myanmar Property Awards in partnership with Shwe Property virtual roundtable navigates the real estate industry amid global pandemic

In addition to celebrating the country’s newly launched projects, the PropertyGuru Myanmar Property Awards in partnership with Shwe Property also served as an occasion to commemorate one of the nation’s most important landmarks. Anawmar Art Group won the new award of Best Heritage Renovated Property for its masterful redevelopment and restoration of the Secretariat Yangon, the former headquarters of the British colonial government in Myanmar.

The PropertyGuru Myanmar Property Awards in partnership with Shwe Property was also an opportunity to honour some of the country’s most progressive industrial projects. Pathein Industrial City by Ayeyarwaddy Development Public Co., Ltd. won Best Township Development while New East Dagon Industrial Estate by Dagon International Limited won Best Industrial Development. Myanmar Thilawa SEZ Holdings Public Company Limited won Best Housing Development (Myanmar) and Best Housing Development, both for the Gyogone Housing Redevelopment.

Yoma Central by Meeyahta Development Limited scored two coveted Development titles: Best Mixed Use Development and Best Retail Development. A clear winner in the Design category, Woodland X Bar by Factory to Home Company won Best Entertainment Interior Design, in addition to its win for Best Entertainment Development.

The PropertyGuru Myanmar Property Awards in partnership with Shwe Property marked a milestone this year. Win Win Tint, Group CEO of City Holdings Limited, received this year’s award for Myanmar Real Estate Personality of the Year – making her the first female recipient of this honour. The award-winning businesswoman grew City Holdings Limited from a family enterprise with a single supermarket in Yangon into the leading retail company in Myanmar.

The Real Estate Personality of the Year award is chosen every year by the editors of PropertyGuru Property Report Magazine. It is the only award not decided by the independent judging panel.

The PropertyGuru Myanmar Property Awards in partnership with Shwe Property abided by health protocols and adopted a virtual format for its gala event and awards presentation. Leveraging the extensive platforms of PropertyGuru, Southeast Asia’s leading property technology company, and Shwe Property, the number one real estate portal in Myanmar, the historic virtual celebrations were broadcast on AsiaPropertyAwards.com and partner channels, extending the market reach of shortlisted companies and developments.

More: Myanmar’s potential as a hub for industry supplies a glimmer of hope for real estate

Hari V. Krishnan, CEO of PropertyGuru Group, said: “Congratulations to all our Myanmar winners and awardees this year – all of you symbolise the nation’s willingness and ability to triumph over adversity. We are especially pleased that this year’s awards juxtapose the nation’s most modern developments with heritage properties. By giving these winning projects a virtual platform on which they can spread their marketing messages, our awards truly elevate Myanmar’s best to the world stage.”

Jules Kay, Managing Director of the PropertyGuru Asia Property Awards, said: “The 2020 edition of the PropertyGuru Myanmar Property Awards creates a single benchmark of excellence for the real estate industry in the country as it combines Shwe Property’s expertise within the domestic real estate landscape and PropertyGuru’s incomparable access to international markets across Asia-Pacific. This synergy between the leading real estate awards programme in the region and a respected property portal in Myanmar is exactly the kind of support developers need to amplify their brand during these exceptional times.”

Justin Sway, CEO of Shwe Property, said: “We’re glad to be partnering with PropertyGuru to make these awards the biggest ever in the country. It’s really great to see some of the biggest and diverse developers thinking strategically about future real estate sales opportunities in 2021. With the number one property portal in Myanmar and the number one property portal in Southeast Asia, the combined marketing reach is unprecedented. It offers developers a reach never seen before in the market. It offers great visibility and reach to a vast audience of property seekers both locally and internationally which will result in maximised sales for those customers.”

An independent panel of expert judges deliberated over and identified this year’s shortlist through a fair, transparent judging process supervised by the team of BDO in Myanmar, comprising Joe Yew Chi Jee, Executive Director, Advisory; Hong Shi Ying, Senior Manager; and Thin Thinzar Ko, Senior Executive.

The independent panel of judges comprises Richard Emerson, Awards Chairperson and Managing Director of Emerson Real Estate; Ben Hickson, Senior Associate, Stephenson Harwood LLP; Charm May Thu, Managing Director, Your Property Finder Company Ltd; Josh Htet, Senior Associate, Allen & Overy Limited; Khin Maung Than, Chairman, Asean Real Estate Network Alliance (ARENA) and President, Myanmar Real Estate Services Association (MRESA); Mark Petrovic, Managing Director, Architectural Design Director, Archetype Group, Myanmar; May Soe Yu, Founder, Creative Fox Design & Build Co., Ltd; Mya Myitzu, Founder and Design Director M.ID; Peter Crowhurst, Chief Executive Officer of the British Chamber of Commerce, Myanmar; Richard Moh, Chairman, Moh and Associates, lnc., A Member of MAA Group Consulting Engineers; Dr Soe Thein, Principal Design Engineer, Consultant, Project Manager, STKT Consultants Co Ltd; and Stephen Zawmoe Shwe, Founder & Principal Architect, Spine Architects.

The PropertyGuru Myanmar Property Awards in partnership with Shwe Property is supported by platinum sponsor Hitachi Elevators and Escalators; silver sponsor Porcelanosa; official portal partner and associate partner ShweProperty.com; official magazine PropertyGuru Property Report; official newspaper The Straits Times Myanmar; media partners Myanmar Home & Décor, Myanmar Real Estate & Construction Monitor, Myanmar Insider, and Myanmar Times; official charity partner Right to Play; official ESG partner Baan Dek Foundation; official PR partner Klareco Communications; supporting associations AustCham Myanmar and British Chamber of Commerce Myanmar; and official supervisor BDO.

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

FULL LIST OF WINNERS AND HIGHLY COMMENDED AWARDEES

PropertyGuru Myanmar Property Awards in partnership with Shwe Property

DEVELOPER AWARDS 

Best Developer             

• WINNER: Capital Development Ltd. 

Best Breakthrough Developer

• WINNER: SCW Development Group Ltd
• HIGHLY COMMENDED: Ayeyarwaddy Development Public Co., Ltd.

Best Commercial Developer                     

• WINNER: Capital Development Ltd.
• HIGHLY COMMENDED: Sun Myat Tun Construction Co., Ltd. 

Best Mixed Use Developer    

• WINNER: Capital Development Ltd.
• HIGHLY COMMENDED: Sun Myat Tun Construction Co., Ltd.

Best Industrial Developer              

• WINNER: Dagon International Limited
• HIGHLY COMMENDED: Ayeyarwaddy Development Public Co., Ltd. 

Best Lifestyle Developer                 

• WINNER: Elite World Trading Co., Ltd 

Best Sustainable Developer  

• WINNER: Dagon International Limited
• HIGHLY COMMENDED: Ayeyarwaddy Development Public Co., Ltd.
• HIGHLY COMMENDED: Sun Myat Tun Construction Co.,Ltd.

DEVELOPMENT AWARDS 

Best Luxury Condo Development                      

• WINNER: Skysuites by SCW Development Group Ltd.
• HIGHLY COMMENDED: Merchant Luxury Condominium by Moon Sun Co., Ltd.

Best Housing Development                      

• WINNER: Gyogone Housing Redevelopment by Myanmar Thilawa SEZ Holdings Public Company Limited

Best Township Development                               

• WINNER: Pathein Industrial City by Ayeyarwaddy Development Public Co., Ltd.
• HIGHLY COMMENDED: Thilawa Garden City by Thilawa Property Development Limited 

Best Mixed Use Development                               

• WINNER: Yoma Central by Meeyahta Development Limited
• HIGHLY COMMENDED: Mandalay Financial Center by Capital Development Ltd.
• HIGHLY COMMENDED: Mingalar Market Project by Sun Myat Tun Construction Co., Ltd.

Best Industrial Development                            

• WINNER: New East Dagon Industrial Estate by Dagon International Limited
• HIGHLY COMMENDED: Pathein Industrial City by Ayeyarwaddy Development Public Co., Ltd.

Best Office Development                          

• WINNER: Mandalay Financial Center by Capital Development Ltd.
• HIGHLY COMMENDED: Yoma Central by Meeyahta Development Limited

Best Heritage Renovated Property              

• WINNER: Secretariat Yangon by Anawmar Art Group

Best Retail Development                           

• WINNER: Yoma Central by Meeyahta Development Limited

Best Wellness Development                       

• WINNER: Imperial Clinic by Elite World Trading Co., Ltd

Best Entertainment Development                       

• WINNER: Woodland X Bar by Factory to Home Company

DESIGN AWARDS 

Best Entertainment Interior Design         

• WINNER: Woodland X Bar by Factory to Home Company

BEST OF MYANMAR AWARDS 

Best Condo Development (Myanmar)

• WINNER: Skysuites by SCW Development Group Ltd.

Best Housing Development (Myanmar)

• WINNER: Gyogone Housing Redevelopment by Myanmar Thilawa SEZ Holdings Public Company Limited

SPECIAL RECOGNITION AWARDS 

Special Recognition for ESG           

• WINNER: Dagon International Limited

Special Recognition for CSR  

• WINNER: Ayeyarwaddy Development Public Co., Ltd.
• WINNER: Capital Development Ltd.
• WINNER: Dagon International Limited

Special Recognition for Sustainable Construction                 

• WINNER: Dagon International Limited  

Special Recognition for Building Communities                

• WINNER: Sun Myat Tun Construction Co., Ltd.

PUBLISHER’S CHOICE 

Myanmar Real Estate Personality of the Year              

• WINNER: Win Win Tint, Group CEO, City Holdings Limited