Tune in to CTN’s Cambodia News Channel at 9:00pm on 25 February for the exclusive live broadcast

The ballroom of the Sofitel Phnom Penh Phokeethra is being readied for the Cambodia Property Awards 2016
The ballroom of the Sofitel Phnom Penh Phokeethra is being readied for the Cambodia Property Awards 2016

Cambodia’s biggest real estate event of the year is starting in a few hours. Nominees and guests are gearing up for the Cambodia Property Awards 2016, the latest addition to the prestigious Asia Property Awards programme in ASEAN.

Borey Penghuoth Group takes the lead with the most number of nominations, including Best Housing Development (Phnom Penh) for its Grand Star Platinum project.

The Phnom Penh-based group will face the behemoth Overseas Cambodian Investment Corporation Ltd (OCIC) for the biggest award of the year, Best Developer (Cambodia). Will it scoop the title from an industry giant? Find out tonight.

Other hopefuls include multiple nominees TC Royal Manor Co Ltd, The Olympia City Development Co Ltd, and Torreya Asset Holdings Co Ltd.

Organised by PropertyGuru International, the event at the Sofitel Phnom Penh Phokeethra on Thursday, 25 February will bring together the best of the best in Cambodian real estate, as well as some very high-profile VIP guests from Cambodia’s most active business associations and the State Ministry of Land Management, Urbanisation and Construction. HE Dr. Pen Sophal is expected to give a keynote speech on behalf of HE Senior Minister Im Chhun Lim.

A total of 15 developers are vying for 12 awards in various categories, which are divided into three sections: Developer, Development and Design. All award categories were assessed by an independent judging panel of experts led by Simon Griffiths of CBRE Cambodia, under the supervision of auditing firm BDO led by Lim Seng Siew.

In addition, a special honour will be presented to the Real Estate Personality of the Year, Rithy Sear of Worldbridge Land (Cambodia) Co Ltd. Prior to the ceremony, the award has already been announced by editors of Asia’s industry-leading magazine Property Report, presenter of the Awards.

An exclusive live broadcast of the awards ceremony will be shown on the Cambodia News Channel (CNC) of the Cambodia Television Network (CTN), the official broadcaster of the awards.

Click here to view the full shortlist of the Cambodia Property Awards 2016.