Thailand’s most illustrious real estate event returns for the 11th year
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The Thailand Property Awards presented by Hansgrohe returns for a successful 11th edition to reward the finest developers and current developments in the country’s resilient real estate sector. The annual event, which is attended by some 600 C-level executives, industry leaders and innovators annually, was officially launched to the media on 29 March 2016 at the Renaissance Bangkok Ratchaphrasong Hotel.
Building on the monumental success of last year’s 10th anniversary event, which saw SC Asset Corporation PLC claim the biggest award for Best Developer, the kingdom’s biggest and most respected industry awards programme will champion the leading industry players in Bangkok and Phuket, which continue to evolve alongside the secondary markets of Hua Hin, Chiang Mai, Khao Yai, Samui and the Eastern Seaboard.
“The tourism sector is playing an increasingly important role in driving the country’s economic growth,” Suphin Mechuchep, managing director of JLL Thailand and newly elected chairperson of the central panel of judges, said.
“A decent chunk of tourist spending goes to retailers in various retail formats from street-side retail strips to modern shopping centres,” she added. “Retail markets in key tourist destinations such as Bangkok, Pattaya, Phuket, Krabi, Koh Samui, and Chiang Mai will benefit most from this trend.”
This economic boost, as well the recently reported strong year-end finish to 2015 following the implementation of the government-led boosting measures and incentives, will be discussed by the industry’s leading experts, developers and innovators at the high-level forum that takes place before the awards gala – the Property Report Congress Thailand. The whole day conference on Thursday, 22 September from 09:00 to 15:00, and will be held at the Plaza Athenee Bangkok, a Royal Meridien hotel, the official venue of the Thailand Property Awards.
An internationally recognised celebration of the country’s real estate achievements, the Thailand Property Awards 2016 have already begun accepting nominations from developers and the general public starting in late February. The nomination period will close on 8 July, with the official shortlist revealed to the world in the third week of August.
“A decent chunk of tourist spending goes to retailers in various retail formats from street-side retail strips to modern shopping centres,”
Entry is free. All successful entries will be supervised by BDO, one of the world’s largest accounting and auditing firms, and the trusted awards supervisor of the Asia Property Awards, which, in its 11th year, is widely recognised for its fairness and transparency.
This year’s awards programme will be boosted by the support of title sponsor Hansgrohe, a leading global manufacturer of innovative and designer bathroom products, official media partner Property Report, as well as the large network of awards organiser PropertyGuru, Asia’s largest online property portal group.
“We’re excited to be working with PropertyGuru Group as the Asia Property Awards programme continues to expand in ASEAN in its second decade,” said Terry Blackburn, founder and managing director of the Asia Property Awards. “In trying times like these, Thailand can always depend on exceptional projects that boost investor confidence and elevate market standards. We’re delighted to reward their hard work at the Thailand Property Awards.”
Suphin will be joined on the esteemed judging panel, which is presided by Dr Manop Bongsadadt, renowned professor of architecture at Bangkok’s Chulalongkorn University, by some of the best-known names in the industry. Aside from the central panel of judges, each region will have its own panel comprising local experts to ensure credibility of the Awards.
A total of 31 trophies will be presented in 2016, with award categories covering the condominium, housing/villa, hotel, office, and retail segments. A special recognition for Thailand’s Real Estate Personality of Year, whose influence and achievements resonate across the kingdom, will be named by the editors of Property Report prior to the gala night.
Questions & Answers
Q.What kind of developments and professionals will the awards programme recognise this year?
What kind of developments and professionals will the awards programme recognise this year?
The awards will champion leading industry players and developments in Bangkok and Phuket, alongside secondary markets such as Hua Hin and Chiang Mai. Categories include condominium, housing/villa, hotel, office, and retail segments, with a total of 31 trophies presented.
Q.Who will be supervising the entries to ensure fairness and transparency in the awards process?
Who will be supervising the entries to ensure fairness and transparency in the awards process?
All successful entries will be supervised by BDO, one of the world’s largest accounting and auditing firms. They are also the trusted awards supervisor for the Asia Property Awards, known for fairness and transparency.
Q.When does the nomination period for the Thailand Property Awards 2016 close?
When does the nomination period for the Thailand Property Awards 2016 close?
Nominations for the Thailand Property Awards 2016 began in late February and will officially close on 8 July. The shortlist of nominees will then be revealed in the third week of August.
Q.What role does the tourism sector play in the Thai economy according to the article?
What role does the tourism sector play in the Thai economy according to the article?
The tourism sector is increasingly driving the country's economic growth, with a significant portion of tourist spending benefiting retailers. Key tourist destinations like Bangkok, Pattaya, and Phuket are expected to benefit most from this trend.
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