More than 25 awards will be presented this year, including the highly coveted Best Developer prize.
A total of 19 companies have been shortlisted for the 2018 PropertyGuru Philippines Property Awards, with Megaworld Corporation leading the nominees.
Two-time winner of the Best Developer award, Megaworld Corporation received a total of eight nominations, including nods for its subsidiaries Global-Estates Resorts Inc. (GERI), Empire East and Suntrust Properties. It is also the only shortlisted company in two new Best Township Architectural Design and Best Township Development categories.
More: Nominations Open For PropertyGuru Philippines Property Awards 2018
SM Keppel Land Inc received seven nominations for its mixed-use complex The Podium, which includes shortlists for retail, office, landscape design and green development.
Several developers with projects in Iloilo and Metro, such as ArthaLand Corporation and its Cebu Lavana Land Corporation subsidiary, as well as a few emerging developers and companies, like Crown Asia Properties, D.M. Wenceslao & Associates, Exquadra, Grand Taipan and Posco, also made the cut this year.
Jaime A. Cura, PhD, vice-chairman of The RGV Group of Companies, and chairman of the judging panel, attributed the inclusion of emerging companies in the shortlist to the underlying strength of the Philippine real estate sector.
“The Philippines has an active market with quality projects in all segments of the real estate sector. There is healthy competition among a growing number of developers. Besides the big players who dominate the market, there are new entrants almost every year who aggressively launch several projects at a time,” he said.
The developers will be recognised as winners and highly commended recipients at a gala dinner to be held on 11 May at the Fairmont Makati, where over 25 competition and special awards will be given out.
Read the full shortlist of nominees here.
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Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email email@example.com