A strong and stable Philippine real estate market is gearing up for the seventh annual edition of the PropertyGuru Philippines Property Awards, which will be announced on 5 July 2019 at a gala dinner attended by the industry’s influential leaders.

The residential categories are further divided into luxury, high-end, mid-end and affordable segments that follow new pricing eligibility criteria to accurately reflect current market conditions

Presented by global brand Kohler, the long-running competition is the gold standard for excellence in Philippine real estate, recognizing development, design and innovation, as well as shine the spotlight on corporate social responsibility (CSR), sustainable development, design and construction, building communities, customer care, and public facility projects.

Shortlisted nominees in more than 35 competitive categories will be announced in June, including finalists for outstanding condominium and housing development in Metro Manila, Cebu and Davao.

The residential categories are further divided into luxury, high-end, mid-end and affordable segments that follow new pricing eligibility criteria to accurately reflect current market conditions.

There are also open categories for alternative housing, resort, office, BPO office, retail, hotel, mixed-use and township development, as well as their corresponding architectural, interior or landscape design awards.

In addition, the independent panel of judges has introduced a new category for Best Co-Working Space, as demand for flexible and serviced work spaces spike in Metro Manila, particularly in the central business districts of Makati and Bonifacio Global City, according to a recent report by JLL.

The newly elected awards chairman is Christophe Vicic, JLL Philippines’ country head, succeeding Jaime Cura, PhD of the RGV Group of Companies, who remains a member of the judging panel comprising respected industry experts. Representatives from BDO Roxas, Cruz, Tagle and Co. oversee the fair, ethical and transparent judging process.

More than 300 guests attend the annual awards night in Manila, which also celebrates the Philippines Real Estate Personality of the Year.

Past titleholders include former Senate president Manny Villar, Philippine Green Building Council chair Raymond Rufino, unicorn entrepreneur Robbie Antonio, and Megaworld founder Dr. Andrew Tan, who was named the first-ever recipient of the PropertyGuru Icon Award at the regional PropertyGuru Asia Property Awards Grand Final held last November in Bangkok, Thailand, where The Podium by SM Keppel Land collected two regional awards.