- Award entries close 4 August 2023
- The awards recognise the finest developers in Australia
- Australian award winners go on to compete in the PropertyGuru Asia Property Awards Grand Final in Bangkok on 8 December 2023
The sixth PropertyGuru Asia Property Awards (Australia) programme officially opened last week during the Connect with Southeast Asia event at Pullman Quay Grand Sydney.
Recognising the best and finest developers in Australia, entry submissions are currently being accepted online until 4 August 2023 via asiapropertyawards.com.
PropertyGuru Asia Property Awards (Australia) key dates
- Entries close on 4 August 2023
- Site inspections from 28 August to 15 September 2023
- Final judging on 19 September 2023
- Gala dinner and awards ceremony in Melbourne, Australia on 13 October 2023
- Regional grand final gala presentation in Bangkok, Thailand on 8 December 2023.
A firm foundation for property development
The awards programme launch comes as Australia reaffirms its position as the place to invest, amidst a veritable mix of economic headwinds, geopolitical challenges, and a lingering pandemic.
Australia has proven its mettle as a safe haven for residential real estate both during and beyond COVID-19, strengthening its reputation as a long-term, stable-growth asset class for end use and investment.
Research in PropertyGuru’s Property Report No.174 found that overseas demand rose 23% in the year to June 2022. The offshore search data from realestate.com.au found mainland Chinese searches rose 432%, with India up 196.7%, Hong Kong up 100.4%, and Singapore 35%.
While real estate prices were expected to continue downward as interest rates rose, those concerns were perhaps shortlived. In April this year, the Reserve Bank of Australia put a pause on its string of ten consecutive rate rises, and recent PropTrack data found the national price of property in Australia has started to move up. Some experts believe the market is now on course for another upswing, with other reports finding significant resilience across the nation’s residential sector.
The strong real estate sector has “emboldened” Asian buyers to look for second homes in the popular international education destination following eased border restrictions.
“The Awards in Australia have grown to be much more comprehensive in the post-pandemic era, expanding to cover more states and a wider range of developers. This reflects the needs of an increasingly diverse pool of domestic and international property seekers, including upgraders, seniors, international students and foreign investors. This year, we plan to celebrate the diversity and success of the Australian market in new, even more exciting ways,” said Jules Kay, general manager of PropertyGuru Asia Property Awards and Events.
“With great excitement and pride, we open the 2023 edition of the Awards in Australia to worthy entries from all over the country.
“We challenge Australia’s finest developers and design practices to showcase their latest and greatest achievements to the rest of Asia Pacific as property seekers across the region eagerly search once more for the country’s best homes, aged-care environments, student accommodations, commercial spaces, mixed-use sites, and investment assets.”
Lui Violanti, chairperson of the PropertyGuru Asia Property Awards (Australia)
“The sixth edition of the Awards in Australia are truly something to look forward to this year,” said Lui Violanti, chairperson of the PropertyGuru Asia Property Awards (Australia) and regional manager for Western Australia at Inhabit Group.
In a milestone occasion, the PropertyGuru Asia Property Awards (Australia) will be celebrated for the first time within the country at the Grand Hyatt Melbourne ballroom on Friday, 13 October.
Australian award winners will go on to compete with their Asia-Pacific peers at the 18th PropertyGuru Asia Property Awards Grand Final in Bangkok on 8 December 2023.
Last year’s Australian winners went on to take out several top gongs at the 17th PropertyGuru Asia Property Awards Grand Final, including:
|Best Boutique Developer (Asia)
|Best Smart Building Development (Asia); Best Integrated Work From Home Development (Asia)
|Dare Property Group
|Best Eco Friendly Commercial Development (Asia)
|The Archwood Residences
|Best Housing/Landed Architectural Design (Asia)
An illustrious history of excellence
The PropertyGuru Asia Property Awards were established in 2005, rewarding high-calibre work within the industry, encompassing property development, construction, architecture, interior design, and sustainable building practices.
Initially covering Southeast Asia, the series has expanded over the years to include the region’s dynamic property markets, including Australia, China, Greater Niseko in Japan, and India.
HLB Mann Judd, a global network of independent advisory and accounting firms is the supervisor of the awards, upholding fairness, credibility, and integrity of the selection process.
Developers are encouraged to apply before the 4 August 2023 deadline at asiapropertyawards.com.