Economic Acceleration Paves the Way for Celebration of the Finest Real Estate in the Philippines

After celebrating its milestone 10th edition in 2022, the PropertyGuru Philippines Property Awards programme returns in 2023 on the heels of a remarkable period of economic growth.

The 11th Annual PropertyGuru Philippines Property Awards 2023, presented by Kohler and supported by Boysen Paints, now call for submissions to the open categories of the programme and rank among the Philippines’ finest. Submissions are accepted online via: asiapropertyawards.com/nominations

Driven in part by increased consumer spending, the resurgence of domestic tourism, and a boost in the activity of small and large enterprises, the Philippines last year recorded its fastest rate of economic growth since 1976.

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The Philippines remains a strong, innovative property market and a key contender in the PropertyGuru Asia Property Awards regional series.

Developers here truly value quality, and being recognised for their commitment to quality, which always means a large, diverse pool of entries for our awards programme, which in turn creates healthy competition. We’re excited for what’s next from the Philippines as developers move ahead with highly anticipated projects across Luzon, Visayas, and Mindanao.”

Cyndy Tan Jarabata, chairperson of the judges of the Awards in the Philippines and president of TAJARA Leisure & Hospitality Group Inc., said: “These honours are the results of a shortlisting process involving hundreds of entries and extensive site inspections in search of the finest property developers, design practices, and developments in the Philippines. We have seen the PropertyGuru Philippines Property Awards expand from a just over 20 categories to more than 60 winning titles, as judged by a diverse, expert panel of judges that includes strong female leaders. Our judging process has evolved with the ever-changing built environment, and the quality of entries has also been upgraded over the years as we recognise new business models and asset classes.”

Richard Raymundo, managing director of Colliers Philippines and a member of the independent judging panel of the Awards in the Philippines, said: “This is a positive signal for the property market which, over the past decades, mirrored the boom-bust cycle of the country’s economic output. This economic expansion should support positive net take-up of office space in 2023 and continued rebound in Metro Manila’s pre-selling and secondary residential markets. An aggressive stance taken by the national government in attracting manufacturing investments should result in greater absorption of industrial space across the country. The personal consumption-led economic growth should also spur retail and hotel demand.”

This good showing means that the country is well on its way to transitioning from pandemic risk management to investor sentiment recovery and job creation, according to research by Property Report by PropertyGuru, the Official Magazine of the Awards. 

The black-tie gala celebration of the Philippines’ finest real estate will take place at the main ballroom of the Fairmont Makati hotel on Friday, 29 September 2023.

Key dates for the 2023 edition:
14 July 2023 – Entries Close
7 August – 1 September 2023 – Site Inspections
6 September 2023 – Final Judging
29 September 2023 – Gala Dinner and Awards Ceremony in Manila, Philippines
8 December 2023 – Regional Grand Final Gala Presentation in Bangkok, Thailand

Nominations and entries are being accepted online until 14 July 2023: asiapropertyawards.com/nominations

Eligible entries are rigorously selected by the independent panel of judges, comprising experts in diverse fields such as real estate consultancy, architecture and interior design, and sustainable development.

Supervised by HLB, the global network of independent advisory and accounting firms, the Awards programme makes full use of a professionally run and fully transparent judging system, with an established reputation for fairness, credibility, and integrity.

A better future

Robinsons Land garnered nine winning titles at the 10th edition of the PropertyGuru Philippines Property Awards in 2022. It marked Robinsons Land’s first win as Best Developer, the most prestigious title of the the Awards. 

Robinsons Land also received the Best Developer (Luzon) award and the Special Recognition in ESG. The company won diverse awards for the developments Bridgetowne Destination Estate, Forbes Estates Lipa, Montclair Industrial Park, and work.able Exxa-Zeta Center.

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, the Chinese markets, Greater Niseko in Japan, and India.

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