From Jakarta to Bali to Bintan, the search is back on for the best of the archipelago’s booming real estate sector
Part of the acclaimed Asia Property Awards series, the region’s biggest real estate awards programme, the Indonesia Property Awards is back for a second year, boosted by the support of platinum sponsor Hansgrohe, a leading global manufacturer of innovative and designer bathroom products.
The official press launch took place on Thursday morning, 26 November 2015, at the Opal Room of the Fairmont Jakarta, with panelists Terry Blackburn, CEO of Ensign Media, awards organiser and publisher of Asia’s industry-leading Property Report magazine; Hendra Hartono, chairman of the judges panel; Thano Tanubrata, managing director of BDO Indonesia, awards supervisor; and Ferdy Kurniawan, senior consultant for Hansgrohe. Prior to the conference, a launch party was also held on Wednesday evening at the Tee Nine Restaurant & Lounge, where guests enjoyed free-flow drinks and hors d’oeuvres.
Widely recognised for its fairness and transparency, the Awards has already started accepting nominations from developers and the general public. The final shortlist will be announced on 8 April 2016, with the Winners set to be revealed at a glittering black-tie awards gala on Thursday, 12 May at the Fairmont Jakarta, official hotel venue of the Indonesia Property Awards.
Following on from the unprecedented success of the debut event in 2015, next year’s Awards will once again bring together the leading developers and developments from around the country. In addition, the Property Report Congress 2016 in Jakarta will precede the awards gala to discuss the past, present and future of Indonesian real estate.
Last year Sinar Mas Land took home the highest honour for Best Developer, plus the trophies for Best Housing and Best Retail Developments, while several awards went to the PT Ciputra Group, including two design accolades and the prestigious Real Estate Personality of the Year for its chief executive, Candra Ciputra, who is spearheading the continuing development of the Ciputra World Jakarta 2 mega-project.
With discussions ongoing on opening the market to allow foreign buyers to purchase condominium units gain momentum, as well as the introduction of a national tax amnesty to lure back cash-rich investors to the country, 2016 is expected to be a significant year for Indonesia’s property industry. Moreover, existing infrastructure developments like the mass rapid transit (MRT) system in the country’s capital city, aim to reignite the interest of developers and domestic investors as Jakarta moves ahead to join the ranks of global cities in the near future.
“Indonesia looks set to have a promising new year with all these discussions of reforms that could impact the property sector,” said Blackburn. “At the first-ever Property Report Congress held in October, majority of panelists from Indonesia predicted that the coming year would offer a better outlook for the country as the domestic real estate market continues to evolve and adapt to changes.”
A total of 27 trophies will be given away at the 2016 ceremony, with categories covering a range of segments including condominium, housing/villa, hotel, office, and retail. Entrants will have until 4 March to submit entries in the various Developer, Development and Design categories. Entry is free.
One additional award – chosen by the editors of Property Report – will be presented to the Real Estate Personality of Year whose influence and achievements resonates across the Indonesian archipelago.
As is the case with all the events of the Asia Property Awards, which is now in its 11th year, successful entries will again be supervised by BDO, one of the world’s largest accounting and auditing firms.
Sponsorship and media partner opportunities for the archipelago’s premier real estate event are now available. For details, email [email protected]/* */ or call +66 (0) 2662 5195. Follow #AsiaPropertyAwards to join the conversation about the Asia Property Awards series on social media.