PropertyGuru Asia Property Awards (Sri Lanka) 2018 finalists announced

Jun 22, 2018 (LBO) – Sri Lanka’s best developers are now officially finalists for the second annual PropertyGuru Asia Property Awards (Sri Lanka) competition, which is being held for the very first time in Colombo on 12 July 2018.

More than a dozen companies have been shortlisted for the industry’s highest honours to celebrate excellence in the vibrant Sri Lankan real estate sector, which will be presented during a black-tie gala dinner at the Shangri-La Hotel, Colombo ballroom.

Blue Ocean Group of Companies, receives a total of seven nominations in 2018, including multiple nominations for the Best Mid End Condo Development, Best Affordable Condo Development, and Best Condo Interior Design. In 2017Blue Ocean Group collected two trophies and two commendations at the PropertyGuru Asia Property Awards Grand Final ceremony held in Singapore.

Maga Engineering (Pvt) Limited follows in second place with five nods. Known for their sustainable building practices, the construction firm behind the MAGA ONE project is up for Best Office Development, Special Recognition in Sustainable Development, and two Best Green Development nods for MAGA ONE and for Clearpoint Residencies, a joint venture project between Maga and Milroy Perera Associates.

Facing off Blue Ocean in several categories for condo projects is boutique developer Capital TRUST Residencies (Pvt.) Ltd. with a total of four nominations, including Best Condo Interior Design. Taking home three golden statuettes last year, Capital TRUST Residencies’current projects are nominated for Best Mid End Condo Development (Colombo) and Best Affordable Condo Development (Colombo).

Other 2018 finalists with multiple nominations include Walkers CML Properties (Private) Limited with four nods, Home Lands Skyline Pvt Ltd with three, and Indocean Developers (Pvt) Ltd with two.

Indocean Developers is the company behind the celebrated architect Moshe Safdie-designed Altair, which has been conceptualised to be one of the tallest residential towers in Sri Lanka. The project is up for Best Luxury Condo Development (Colombo) and Best Luxury Condo Architectural Design.

The company’s director Pradeep Moraes has also been selected as the first-ever Sri Lanka Real Estate Personality of the Year, recognising his contributions to raise standards in the local real estate sector as well as his work as chairman of the Condominium Developers Association of Sri Lanka (CDASL). His is the only award not selected by the independent judging panel, but by the editors of PropertyGuru Property Report magazine.

Nominations for the Developer, Development and Design categorieswere received from the public, whilst eligible entrants were carefully reviewed over the last several months, under the official supervision by BDO Sri Lanka. Development nominees were also subject to actual site inspections.

Dr.Nirmal de Silva, CEO of Paramount Realty, resumes his role as head judge. When the inaugural gala dinner and awards ceremony in Colombo was first announced in 2017, he said: “There had been overwhelming response when Sri Lanka first joined the Asia Property Awards. The developers were very excited to showcase majority of their projects. I am confident that our inaugural local event in Colombo is going to be a grand success.”

On the winning qualities of local developments, the head judge added: “Post-war Sri Lanka has seen a huge development in the real estate sector. There are a lot of rapid developments and I think this is a brilliant time to showcase Sri Lankan real estate, capabilities, and design competency at a regional level.”

The gala dinner in Colombo is shaping up to be one of the biggest industry events of the year, with Sri Lanka’s Megapolis and Western Development Minister ChampikaRanawaka confirmed to deliver the keynote address.

Around 300 guests and select members of the press are expected to join the ceremony to witness the historic unveiling of Winners and Highly Commended companies on Sri Lankan shores.

Terry Blackburn, founder and managing director of the PropertyGuru Asia Property Awards, congratulating the 2018 nominees, saying: “We are pleased to bring our trusted and internationally recognised Asia Property Awards programme here as we honour the best talents and hardworking professionals in the Sri Lankan real estate industry. This occasion will prove that Sri Lanka’s vibrant property sector is ready to be showcased to a bigger audience. We look forward to sharing the shortlisted developers’ achievements and successes to more investors around the Asia-Pacific region.”

Main category winners from Sri Lanka will later advance to compete in the regional PropertyGuru Asia Property Awards Grand Final, which is being hosted in Bangkok, Thailand for the first time this November.

The 2018 PropertyGuru Asia Property Awards (Sri Lanka) is supported by co-sponsorsJLL and OTIS Aitken Spence Elevators; official broadcaster ART Television; official portal partner LankaPropertyWeb.com; official hotel Shangri-La Hotel, Colombo; media partnersThe Big Issue and PropertyGuru Property Report; and official supervisor BDO Sri Lanka.

Dr Nirmal De Silva’s colleagues on the independent judging panel are: Steven Mayes (Managing Director, JLL Sri Lanka); Stephanie Balendra (Director, Homes N Spaces Lanka Properties (pvt) Ltd.); Emeritus Prof.ChitraWeddikkra (Managing Director, QServe Pte Ltd); Roshan Madawela (Director & Founding CEO, Research Intelligence Unit); Natalie Pendigrast (Founder & Director, Pendi Pvt Ltd); Nilesh De Silva (Chartered Architect/Director, Kahawati De Silva & Associates Pvt Ltd (KDS). The supervising teamis led by SujeewaRajapakse (Managing Partner, BDO Sri Lanka).

OFFICIAL SHORTLIST OF NOMINEES

PropertyGuru Asia Property Awards (Sri Lanka) 2018

DEVELOPER AWARDS

Best Developer

  • Winner to be revealed on 12 July 2018 at the gala dinner in Colombo

Best Boutique Developer

  • Capital TRUST Residencies (Pvt.) Ltd.

Special Recognition in CSR

  • Winner to be revealed on 12 July 2018 at the gala dinner in Colombo

Special Recognition in Sustainable Development

  • Maga Engineering (Pvt) Limited​

DEVELOPMENT AWARDS

Best Luxury Condo Development (Colombo)

  • Altair by Indocean Developers (Pvt) Ltd
  • Capitol TwinPeaks by Capitol Developers – Sanken Group
  • Colombo City Centre by Colombo City Centre Partners (Pvt) Ltd

Best Mid End Condo Development (Colombo)

  • Capital TRUST Residencies – Thimbirigasyaya Road by Capital TRUST Residencies (Pvt.) Ltd.
  • Prime Wrendale – Rajagiriya by Prime Group

Best Affordable Condo Development (Colombo)

  • Blue Ocean @ No. 502, Havelock Road, Colombo 06 by Blue Ocean Group of Companies
  • Blue Ocean @ No. 37/3, Beach Road, Mount Lavinia by Blue Ocean Group of Companies
  • Capital TRUST Residencies – Fortress by Capital TRUST Residencies (Pvt.) Ltd.

Best Housing Development (Colombo)

  • Ariyana Resort Apartments by Home Lands Skyline Pvt Ltd
  • Nano Homes Project by Landmark Developer

Best Condo Development (Southern)

  • Richmond Hill Residencies, Galle by Walkers CML Properties (Private) Limited
  • South Coast Residencies by Walkers CML Properties (Private) Limited

Best Condo Development (Central)

  • Dynasty Residence by GVR Lanka (pvt) Ltd

Best Office Development

  • MAGA ONE by Maga Engineering (Pvt) Ltd

Best Hotel Development

  • Mandarina Colombo by Macksons Properties

Best Mixed Use Development

  • Astoria by AVIC International Hotels Lanka Ltd
  • Colombo City Centre by Colombo City Centre Partners (Pvt) Ltd

DESIGN AWARDS

Best Luxury Condo Architectural Design

  • Altair by Indocean Developers (Pvt) Ltd

Best Mid End Condo Architectural Design

  • Blue Ocean @ 19th Lane, Colombo 03 by Blue Ocean Group of Companies
  • Blue Ocean @ King Alfred Place, Colombo 03 by Blue Ocean Group of Companies
  • Clearpoint Residencies, Rajagiriya, Sri Lanka by Clearpoint Residencies (Pvt) Ltd.

Best Affordable Condo Architectural Design

  • Grace byWalkers CML Properties (Private) Limited
  • Havelock Heights by Walkers CML Properties (Private) Limited

Best Condo Interior Design

  • Blue Ocean @ 19th Lane, Colombo 03 by Blue Ocean Group of Companies
  • Blue Ocean @ Gregory’s Road, Colombo 07 by Blue Ocean Group of Companies
  • Blue Ocean @ King Alfred Place, Colombo 03 by Blue Ocean Group of Companies
  • Capital TRUST Residencies – Thimbirigasyaya Road by Capital TRUST Residencies (Pvt.) Ltd.
  • Capitol TwinPeaks by Capitol Developers – Sanken Group

Best Housing Architectural Design

  • Ariyana Resort Apartments by Home Lands Skyline Pvt Ltd
  • Nano Homes Project by Landmark Developer

SPECIAL AWARDS

Best Green Development

  • Ariyana Resort Apartments by Home Lands Skyline Pvt Ltd
  • Clearpoint Residencies, Rajagiriya, Sri Lanka by Clearpoint Residencies (Pvt) Ltd.
  • MAGA ONE by Maga Engineering (Pvt) Ltd

Special Recognition for Public Facility

  • Winner to be revealed on 12 July 2018 at the gala dinner in Colombo

BEST OF SRI LANKA AWARDS

Best Condo Development (Sri Lanka)

  • Winner to be revealed on 12 July 2018 at the gala dinner in Colombo

Best Housing Development (Sri Lanka)

  • Winner to be revealed on 12 July 2018 at the gala dinner in Colombo