With more than 200 developments entering into this year’s Thailand Property Awards, simply making the final cut is an honor in and of itself. Those finalists are now known as the independent panel of judges revealed the 36 companies who will be competing for awards in 2016.
Magnolia Quality Development Corporation (MQDC), Origin Property and boutique firm Lucky Living Properties are a few of the developers up for multiple awards this year. MQDC leads the way with nine nominations.
The awards MQDC is competing for include Best Ultra Luxury Condo Development (Bangkok) for The Residences at Mandarin Oriental, Bangkok and Best Luxury Condo Development (Bangkok) for Magnolias Waterfront Residences at ICONSIAM. MQDC was Highly Commended in the Best Developer category at last year’s awards. SC Asset Sansiri, Major Development and Menam Residences are a few of the other developers competing in the luxury/high-end categories.
There are a total of 33 award categories this year with the luxury condominium portion being expanded due to the increasing demand and evolution of this segment. The 11th annual Thailand Property Awards will also see a new award, Best Community Retail Development, will be handed out for the very first time.
“2016 has been the most challenging year since I joined the central judging panel in 2014,” Suphin Mechuchep, managing director at Jones Lang LaSalle (Thailand), and chairperson of the judges, said in a press release. “There were a total of 214 of entries, a significant increase from only 163 last year. All of the judges spent a lot more time and effort than previous years on entry reviews and site visits. But it has also been a great experience as we have had excellent opportunities to meet with many interesting property developers as well as designers and architects who are involved in these projects.”
The 11th annual Thailand Property Awards will take place on 22nd September at Plaza Athenee Bangkok. More than 600 real estate leaders are expected to be in attendance with Suwat Liptapanlop, former Deputy Prime Minister and executive director of Proud Real Estate, scheduled to be the VIP guest and opening speaker.