PT Wijaya Karya (Persero) Tbk (WIKA) continues to support infrastructure development to connect regions across Indonesia, one of which is the Probolinggo-Banyuwangi (Probowangi) Toll Road Package 3, currently being undertaken by the Company. The project is at 74.9% completion and expected to be completed in 2025.
The Probowangi Toll Road is constructed to create better access between Probolinggo and Banyuwangi, which are now only connected by provincial roads. This toll road is expected to reduce traffic congestion on provincial roads, cut logistics costs, and improve economic competitiveness of Probolinggo, Banyuwangi, and surrounding areas. Travel time is projected to decrease by 30% to 50%, leading to more efficient fuel consumption. Overall, the toll road is expected to lower logistics costs by 10% to 20%.
WIKA has implemented the latest technology in this project, including Building Information Modelling (BIM) to enhance planning and design efficiency. Additionally, WIKA utilises geotechnical technology, employing 3D mapping and drones for more accurate land surveys. The Company also collaborates with local governments and communities to support regional economic growth by employing local workers and subcontractors.
As part of its strong commitment to Environmental, Social, and Governance (ESG), the Company also considers social and environmental impacts during the construction process. WIKA built village facilities, planted trees, and managed flood prevention works in areas around the construction site under its Program Tanggung Jawab Sosial (TJSL) or Corporate Social Responsibility Programme.
WIKA remains committed to provide high-quality infrastructure to reduce logistics costs and improve interregional connectivity in Indonesia. As a leading EPCC company, WIKA is dedicated to offer innovative, environmentally friendly solutions with positive social impact.
“Probowangi Toll Road project is one of our commitments to supporting the government’s Asta Cita mission. This infrastructure development enhances logistics efficiency, strengthens interregional connectivity, and supports the national economy. WIKA is confident in its ability to make a positive contribution to Indonesia’s economic growth and facilitate sustainable and efficient transportation,” said Agung Budi Waskito (BW), WIKA’s President Director.
PT Wijaya Karya Bangunan Gedung Tbk (WEGE) a subsidiary of PT Wijaya Karya (Persero) Tbk (WIKA), in collaboration with PT Dex Solusi Transit (DEX) presents Netro, Indonesia’s first innovative smart modular home with Smart Net-Zero and Growing-modular concept. The Netro launch was part of WIKA’s 65th anniversary ceremony. The launch ceremony was held on the 17th floor of WIKA Tower 2, marked by screening of Netro’s video profile on Tuesday (11/03).
Prototypes of Netro version 1.0 model homes are displayed on WIKA Realty’s plot located in Pulo Mas Jaya. The model homes are featured in various floor sizes: the smallest at 33m2, followed by type 49m2, 93m2, and the largest at 129m2. These prototypes demonstrate WEGE and DEX’s commitment to provide a smart, industrial-based green housing model.
Netro is designed to meet demand for sustainable housing that operates efficiently, conserves energy, and reduces carbon emissions using its intelligent smart system. It meets the Greenship Net-Zero rating requirements set by the Green Building Council Indonesia (GBCI).
Netro is a modular home system that allows systematic expansion, which allows wider market reach and enhances affordability. It also provides homeowners with flexible housing options that align with improvements in living standards, enabling them to expand their living space as needed. With its qualities, Netro raises awareness on the importance of sustainable development by introducing smart modular homes.
WIKA’s President Director Agung BW stated during the launch event that “Netro was created based on awareness of climate change and is aligned with WEGE’s commitment to developing modular homes as a building construction method since 2018. In spite of that, DEX introduces a smart “breathing home” concept by maximizing natural air circulation demanded by Net-Zero principles. The smart home also features IoT (Internet of Things) that automates cost-effective data collection for certification processes. This collaboration produces smart homes that are not only sustainable, but also educates their occupants on energy efficiency through integrated technology.”
The primary features of Netro include passive cooling, natural ventilation, solar panels, water recycling and energy monitoring systems, thermal comfort, and minimum air quality standards – all of which are integrated in the GBCI Greenship Net-zero app. The system allows occupants and GBCI to digitally monitor energy consumption and renewable energy production, which significantly reduces emissions and meets the requirements for Greenship Net-Zero certification.
In line with Agung BW, President Director of WEGE Hadian Pramudita said, “This launch offers a solution in response to demand for housing, not only in urban areas but also in coastal and rural regions. With the support of WEGE and DEX’s construction technology, along with WIKA Realty as the first developer to build Netro in its real estate projects, we are confident that we can meet market needs with the highest quality. This will help promote massive energy efficiency and raise awareness of a sustainable Net-Zero lifestyle.”
As a pioneer in sustainable development, WEGE is committed to providing innovative homes that focus on energy efficiency and improve people’s quality of life. Netro serves to meet the needs of society across all segments, including developers and real estate companies (B2B), by providing homes that are quick and easy to build, structurally robust, cost-effective in operational expenses, and in line with sustainable principles.
“The fulfilment of Greenship Net-Zero criteria in Netro Products provides a solid and objective basis to meet Green Finance requirements set by banks. We anticipate a major shift in the banking industry towards Green Finance, including KPR Hijau, Green Loan, and similar financial products,” said Iwan Prajitno, President Director of DEX.
Products such as Netro are a compelling solution to smart, high-quality, and sustainable homes to help with Indonesia’s housing backlog. We believe that every citizen is entitled to at least one modest, high-quality home.
Netro’s Outstanding Features as an Eco-Friendly Home
Netro is an eco-friendly home, equipped with exceptional features designed to reduce energy consumption and achieve Net-Zero. It achieves natural thermal comfort, and its modular system allows faster construction times. The key benefits in favour of Netro House as an ideal choice for future housing are as follows:
1. Growth Enable Modular System – Expandable Modular Homes
Netro is an industrial-based housing system. This ensures that the product and its components are tried, tested, and meets all required standards. As most of the production processes are done in factories, procurement and construction on-site is significantly faster than conventional construction methods. Netro’s on-site installation process is quick and generates minimum waste, significantly reducing its environmental footprint. Netro is designed to enable expansion without major interruption to its occupants’ daily activities – thanks to systematic design and clear identification of additional required components.
2. High Albedo Roof – Reflective Roofing for Thermal Comfort
Netro’s high albedo roof reflects sunlight and minimises heat absorption. This helps maintain a cooler home temperature without excessive reliance on air conditioning.
3. Louvre Window & Operable Window – Maximising Air Circulation
Netro incorporates louvre windows and operable windows, designed to optimise natural airflow inside the house. These features enable cross-ventilation, creating a naturally cooler indoor environment, which minimizes the need for air conditioning and improves indoor air quality.
4. Inner Court – A Green Oasis Within the Home
The inner court is a multifunctional green area that provides a natural living experience indoors. More than just an aesthetic feature, this space serves as a central airflow hub, allowing fresh air to circulate throughout the house, creating a cooler and more refreshing environment, and providing comfort for its occupants.
5. Permeable Wall – Better Air Circulation
Permeable wall is incorporated to allow free airflow, enabling smoother air ventilation and helping to remove heat from inside the house.
6. Drywall with Insulation – Fast and Efficient Construction
Walls are sandwiched with thermal insulators to enable faster construction time. In addition, drywall helps to reduce heat absorption from sunlight and maintain stable indoor temperature.
7. Photovoltaic (PV) – Self-Sufficient Energy and Net-Zero Emissions
Netro can be equipped with a photovoltaic (PV) cell so the house can generate its own electricity. Using this technology, houses achieve net-zero energy, reduce its dependence on conventional electricity, and contribute to environmental sustainability.
8. Smart Wall – Smart Energy Monitoring
Netro features the Smart Wall, a central control system showing real-time data on household electricity consumption, energy generated from solar PV, and indoor air quality. With this feature, occupants can control their energy consumption effectively. Additionally, the post-occupancy evaluation and Net-Zero certification process can be conducted online automatically.
With a combination of innovative technology and sustainable design, Netro provides an energy-efficient, cosy, and environmentally friendly home, an ideal solution for those seeking modern living that fulfils their goals of improved well-being and minimal environmental effect.
PT Wijaya Karya Bangunan Gedung Tbk [IDX: WEGE]
Contact: Purba Yudha Tama Corporate Secretary PT Wijaya Karya Bangunan Gedung Tbk. Hp. 081317925577 Tel: +6221 8 85908862 / 85909003 Fax: +6221 86904146 Email: corsec@wikagedung.co.id
Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to announce that GMG, C&W Services Singapore and ACMES, GMG’s Singapore Thermal-XR distributor, have successfully completed energy savings case studies with a Singapore bank. The energy savings was seen on average between 10% to 20%. Following the successful case study, the bank is now exploring the potential to scale the application of Thermal-XR Enhance across more branches.
Figure 1 shows ~33% energy saving by comparing post coating average daily energy consumption to before washing.
Figure 1: Daily Energy Consumption Reduction due to Thermal XR Coating (after washing) on Bank Air Conditioner
GMG’s Managing Director and CEO, Craig Nicol, commented: “Our partnership with C&W Services and ACMES has been very successful thus far and we look forward to implementing more energy savings projects with THERMAL-XR® Powered by GMG Graphene with various other companies in Singapore and around the world.”
About GMG: GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications.
The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.
In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.
GMG’s 4 critical business objectives are:
Produce Graphene and improve/scale cell production processes
Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the bank chain applying Thermal-XR Enhance to all of its remaining branches, GMG’s continued partnership with C&W and the potential application of Thermal-XR Enhance to other companies around the world.
Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the bank chain will apply Thermal-XR Enhance to all of its remaining branches and that GMG and C&W will implement energy savings case studies with other companies in Singapore and worldwide. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, that the bank chain will not apply Thermal-XR Enhance to all of its remaining branches and that GMG and C&W will not be able to implement energy savings case studies with other companies in Singapore and worldwide.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
The PropertyGuru Asia Awards Malaysia in partnership with iProperty return for their 12th edition in 2025 with more categories than ever before.
Part of the PropertyGuru Asia Property Awards series, which marks its historic 20th edition in 2025, the enhanced awards programme will recognise excellence in property development and design throughout Malaysia. Supported by the country’s leading property portals, PropertyGuru.com.my and iProperty.com.my, the awards are expected to set new benchmarks for the property sector nationwide.
Key dates for the 2025 edition are as follows:
30 May 2025 – Entries Close
17-29 June 2025 – People’s Choice Awards Voting Period
1-3 July 2025 – Live Judging Days
9 October 2025 – Gala Dinner and Awards Ceremony in Kuala Lumpur, Malaysia
12 December 2025 – Regional Grand Final Gala Dinner and Awards Presentation in Bangkok, Thailand
Expanding award categories
With the continued expansion of the real estate market, the PropertyGuru Asia Awards Malaysia in partnership with iProperty are launching a total of 132 categories in 2025. These categories were officially unveiled during launch events in Johor Bahru on 24 February 2025 and in Kuala Lumpur on 26 February 2025, attended by industry stakeholders ranging from company representatives to judges and customers.
This year’s edition of the PropertyGuru Asia Awards Malaysia in partnership with iProperty also launched from Johor Bahru on 24 February
This year’s edition introduces nine new awards recognising outstanding landed and high-rise developments in the Central, Northern, and Southern regions of Malaysia. These are Best Ultra Luxury Landed Development (Central); Best Ultra Luxury Landed Development (Northern); Best Ultra Luxury Landed Development (Southern); Best Mid End Landed Development (Central); Best Mid End Landed Development (Northern); Best Mid End Landed Development (Southern); Best Ultra Luxury High-Rise Development (Central); Best Ultra Luxury High-Rise Development (Northern); and Best Ultra Luxury High-Rise Development (Southern).
Seven new categories will honour residential projects across all regions of Malaysia: Best Townhouse Development; Best Completed Mixed Use Development; Best Oceanview High-Rise Development; Best Oceanview Landed Development; Best Serviced Apartment Development; and Best Heritage Development.
Two new categories will recognise outstanding commercial projects throughout the country: Best Lifestyle Commercial Development and Best Nature Integrated Development.
Finally, six design categories have been introduced to celebrate excellence in architecture and interior aesthetics: Best Townhouse Architectural Design; Best Townhouse Interior Design; Best Sales Gallery Design; Best Retail Interior Design; Best Office Architectural Design; and Best Townhouse Landscape Design.
The expansion of categories builds on the success of the ESG Developer Awards introduced at the 2024 awards, reinforcing PropertyGuru’s support for sustainable development. These special awards will return this year and recognise five champions in ESG initiatives.
Ongoing, meaningful change
Datuk Ar. Ezumi Harzani Ismail, president of the Malaysian Institute of Architects (PAM) 2020-2022 and chairperson of the judging panel, said: “The quality of last year’s award winners reflected ongoing, meaningful change within Malaysia’s property sector and highlights our market’s ability to adapt and elevate standards. Participating in the awards is essential for developers as it not only establishes higher benchmarks in real estate development and design but also promotes healthy competition as well as collaborative innovation. Ultimately, our industry benefits by guiding consumers toward affordable and aspirational built spaces.”
Led by Datuk Ar. Ezumi Harzani Ismail, a 14-member panel of specialists will assess entries and select winners during the Live Judging Days In July 2025. The panel of judges comprise diverse experts including town planners, ESG consultants, valuers, engineers, property managers, architects, designers, and legal experts.
Various developers and customers join the launch of the awards in Kuala Lumpur
As the official supervisor of the awards, HLB Ler Lum Chew – HLB Malaysia, part of “2024 Network of the Year” winner HLB International, will oversee this selection process, ensuring the credibility of the judging system.
Meanwhile, the People’s Choice Awards will empower the public to vote in June 2025 for their favourite developers based on reputation, track record, timely project delivery, and overall quality. As official balloting partner, HLB Ler Lum Chew – HLB Malaysia will verify the results of this public voting process.
All winners will be revealed during a prestigious gala dinner and awards ceremony at the St. Regis Kuala Lumpur in October 2025.
Representing Malaysia on the international stage
Major winners of the 12th PropertyGuru Asia Awards Malaysia in partnership with iProperty will represent the country on the international stage at the 20th PropertyGuru Asia Property Awards Grand Final in December 2025. Leading developers from across Asia Pacific, including those from markets such as the Middle East, Mainland China, Hong Kong, Macau, Japan, Australia, India, Sri Lanka, Cambodia, Indonesia, the Philippines, Singapore, Thailand, and Vietnam, will compete against those from Malaysia at the 2025 Grand Final.
At last year’s Grand Final, Malaysian projects earned various awards, with winners including Bangsar Heights Pavilion, Berinda Group, City Motors Group, Eupe Corporation Berhad, Gunung Impian Development Sdn Bhd, Iskandar Investment Berhad, JLand Group Sdn Bhd, Malton Berhad, Sime Darby Property Berhad, Tropicana Corporation Berhad, and Triterra Sdn Bhd.
Organised by PropertyGuru Group, the 12th Annual PropertyGuru Asia Awards Malaysia in partnership with iProperty are supported by official portal partners PropertyGuru.com.my and iProperty.com.my; official ESG knowledge partners Green Building Index, GreenRE and Malaysia Green Building Council; official magazine Property Report by PropertyGuru; and official supervisor and balloting partner HLB.
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent.
In 2025, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during PropertyGuru Week in December 2025.
PropertyGuru is Southeast Asia’s leading(1) PropTech company, and the preferred destination for over 31 million property seekers(2) to connect with over 50,000 agents monthly(3) to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings(4), in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 17 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets.
(1) Based on SimilarWeb data between January 2024 and June 2024. (2) Based on Google Analytics data between January 2024 and June 2024. (3) Based on data between April 2024 and June 2024. (4) Based on data between January 2024 and June 2024. PROPERTYGURU CONTACTS:
General Enquiries: Richard Allan Aquino, Head of Brand & Marketing Services M: +66 92 954 4154 E: allan@propertyguru.com
Media & Partnerships: Piyachanok Raungpaka, Senior Media & Marketing Services Executive M: +66 94 887 5163 E: piyachanok@propertyguru.com
Sales & Nominations: June Fong, Director of Awards and Events (Malaysia) M: +6012-6594394 E: june.fong@iproperty.com.my
Sevens Atelier Limited (the “Company” or “Sevens Atelier”, and together with its subsidiaries, the “Group”), one of the leading players in the Design and Build industry for landed properties, has announced its financial results for the twelve months (“FY 2024”) ended 31 December 2024.
In FY 2024, the Group marked a significant milestone by delivering a net profit of S$0.31 million, following a loss of S$4.05 million in FY 2023, despite a decrease in revenue from S$14.33 million in FY 2023 to S$9.10 million in FY 2024. This achievement comes as a direct result of management’s decisive actions to optimize costs, streamline operations, and improve financial discipline.
Gross profit margins grew from 15.4% to 19.6% year-on-year, signalling the success of focused restructuring and cost management efforts. In addition, administrative expenses reduced by almost 50%, setting the foundation for sustainable, long-term growth through operating a leaner and more efficient organisation.
The Group continues to grow its reputation as the preferred choice for customers as it has accumulated an order book amounting to S$12.36 million as at 31 December 2024, positioning the Company for stronger revenue streams in the coming year. Aligned with targets of enhancing project profitability, these contracts are expected to generate higher profit margins than in previous years, reflecting a shift towards a more sustainable and profitable business model, despite challenges such as cost inflation and rising competition.
Additionally, the Group’s focus on high-quality, Design and Build solutions for landed homes in Singapore continues to set it apart from competitors. For instance, the Group’s unique flagship experience centre enhances customer engagement, contributing to increasing demand and a growing pipeline of projects.
Looking ahead, the Group is actively exploring strategic growth opportunities through mergers and acquisitions (M&A) and expansion into new business segments and geographic markets. With a favourable macroeconomic outlook, including stabilizing market demand and positive expectations on further global interest rate adjustments, the Company is well-positioned to capitalize on emerging opportunities.
The Group Operation Director, Mr. Tang Yao Zhi commented, “Achieving our first full-year profit since changing to a Design and Build player is a testament to our unwavering commitment to financial prudence and operational efficiency. Looking ahead, we are looking ahead to executing our growing orderbook, which already exceeds FY2024’s revenue.”
About Sevens Atelier Limited (SGX:5EW)
Sevens Atelier is listed on the Catalist Board of the Singapore Exchange. The Company offers full-fledged consultancy services in the Design & Build industry, including pre-leasing consultations of business spaces and pre-purchase inspections of premium landed properties in Singapore. From consultation to completion, the Company provides turnkey services to its premium clients. Sevens Atelier is a BCA-certified solutions provider in the Design and Build arena with the goal to constantly improve and evolve. Its artisanal capabilities are a hallmark of its commitment to clients.
For all media queries, please contact: Tang Yao Zhi T: (+65) 8139 7777 E: yaozhi@sevensatelier.com
This press release has been reviewed by the Company’s sponsor, PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange“) and the Exchange assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.
The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.
Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) (“GMG” or the “Company”) is pleased to announce the results of the multi-year performance testing of G® Lubricant, a transformative graphene liquid concentrate additive designed to enhance the performance of diesel and gasoline (petrol) engines. This product has the potential to reshape the future of the global liquid fuels industry and offers an innovative solution that optimizes efficiency and power for stationary or mobile engines.
GMG is in the process of preparing packaging and marketing materials for G® Lubricant, and expects to begin a direct marketing campaign, targeting fleet owners and initially commencing in Australia and then expanding into other markets from April 2025 onwards.
G® Lubricant, a graphene liquid concentrate that can be added to any mineral or synthetic oil used in an internal combustion engine, has been shown to increase fuel efficiency by up to 8.4% in a diesel engine. The amount of graphene in the final lubricant once G® Lubricant is mixed in is only ~ 1:10,000, with the balance of the concentrate consisting of lubricating base oil. As a result, G® Lubricant can be used safely in any internal combustion engine. Over the past four years, GMG has conducted environmentally controlled testing of G® Lubricant in internal combustion engines monitored and verified by The University of Queensland. GMG’s test results have been corroborated by similar savings realized by customers over a number of years of field testing.
Figure 1 below shows the high level fuel efficiency improvement provided by the G® Lubricant additive, while Figure 8 provides the detailed fuel testing parameters.
Figure 1: Diesel Engine Fuel Efficiency Improvement provided by G Lubricant
The data shows a clear increase in fuel efficiency performance from G® Lubricant when the load is increased on the engine. High loads for truck diesel engines are usually seen when the truck starts to move, and then at high speeds when encountering wind resistance. Usually stationary diesel engines for power generation operate at high load.
Figure 2 shows the potential savings for the main types of diesel engine commercial vehicles in use in Australia – with average vehicle data sourced from the Australian Bureau of Statistics[1] (ABS).
Figure 2: Potential Cost Savings per Vehicle Type provided by G Lubricant
Exceptional Performance Confirmed by University of Queensland
GMG’s Managing Director and CEO, Craig Nicol, commented: “G® Lubricant has taken over 4 years of advanced product testing and is transformational for energy efficiency and emissions reduction for the liquid fuels industry – it is the culmination of decades of lubricants, engines, energy markets and graphene knowledge which is inherent in the GMG business. The next challenge to commercialise this product awaits – which we are eagerly preparing for.”
GMG’s Chairman and Director, Jack Perkowski, commented: “G® Lubricant’s performance, which demonstrates an 8.4% improvement in fuel efficiency using only a very small amount of graphene in an easy to use graphene concentrate, is a ‘Category Creator’ that has the potential to redefine the multi trillion dollar liquid fuels market. The fact that only 1% of G® Lubricant is needed to achieve such savings provides a very attractive value proposition for fleet owners.”
Whilst G® Lubricant can be used to reduce fuel consumption in both diesel and gasoline/petrol engines GMG intends to focus on the diesel market initially, which is largely B2B focused, and therefore, more targeted as far as fuel cost savings and performance. GMG calculates that global diesel fuel sales totalled US$1.4 Trillion per annum[2] including taxes and duties on approximately 28 million barrels of diesel per day as detailed by the EIA2. Figure 3 shows the top 34 countries in the world with diesel fuel sales greater than US$10 Billion per annum.
Estimated US$ 1.2 Billion Per Annum Global Diesel Market For G® Lubricant
Assuming an average fuel savings of 8.4%, GMG believes that a conservative estimate of the potential market for G® Lubricant is 10% of the fuel savings realized by users annually. Assuming G® Lubricant pricing equal to 10% of the savings realized, GMG estimates that the potential global revenue for G® Lubricant is US$ 1.2 Billion sales per annum. Figure 4 shows GMG’s estimates of potential annual sales of G® Lubricant by country.
Detailed Equipment and Process for Testing G® Lubricant
The following describes the equipment used and the process followed by the Company in demonstrating the fuel saving demonstration of the G® Lubricant in the diesel engine generator:
A 30kVA (24 kW) Cummins diesel engine generator (with 14,784 hours of run time) as seen in Figure 5 and described in Figure 6 was purchased and setup in the GMG Richlands warehouse.
The generator was connected to a 40 kW power load bank which consumed the energy produced by the generator and created the load and a 500 litre self-contained fuel tank.
Two calibrated flow sensors were connected (inflow and return/outflow) to the fuel lines and to a data logger which recorded the fuel consumption.
An Energy Analyzer was used to log and track energy produced by the generator.
Tests were conducted on loads of 40%, 60% and 80% loads of the 40 kW power load bank – 12, 18, 24 kw respectively.
A baseline to record diesel fuel consumption under normal engine oil and operating conditions was completed with newly changed recommended premium diesel engine oil and a new oil filter. This oil change was carried out by a professional engine maintenance service company.
The engine was run at the different loads (40%, 60% and 80%) and the baseline and G® Lubricant data set used for the analytics is when the maximum ambient temperature for the day was less than 33 degrees Celsius and relative humidity was between 50% and 80% with no rain. Fuel consumption for diesel engines changes when operating in rain or very high humidity or temperatures, so the fuel consumption data baseline and G® Lubricant engine oil additive performance testing were excluded for these times.
Only steady state data was used and so any variance or anomalous data seen in either baseline or G® Lubricant datasets were removed from the analytics. Data sets were grouped into minute blocks.
Once the baseline fuel tests were completed, the engine oil was drained and the oil filters were replaced. G-Lubricant with approximately 1:100 concentration was mixed at approximately 1% ratio by weight with a new batch of the same premium recommended engine oil and added to the generator engine. The end ratio of GMG’s Graphene to the diesel engine oil was approximately 1:10,000 by weight. The oil change was carried out by the same professional engine maintenance service company.
G® Lubricant Packaging
G® Lubricant is currently sold by GMG in different small pack sizes, a 500 ml pack is shown in Figure 5 which can be diluted into 50 litres of engine oil to provide improved engine performance. GMG intends to direct market the product to its targeted markets through various pack sizes for direct and bulk use.
Figure 5: G® Lubricant 500 ml pack (which can be used to dose 50 litres of engine oil)
As seen in Figure 9, G® Lubricant GMG improves fuel efficiency by creating less friction in the boundary layer lubrication of the pistons inside the cylinder block of the engine. It is widely accepted that approximately 30% of the fuel is used in an engine to overcome internal friction, and that approximately 60% of the engine friction is in the piston area. Graphene has also been seen to prevent wear and also fill in wear scars of an engine, helping to improve piston sealing.
Figure 9: G® Lubricant is believed to reduce friction in the engine pistons.
GMG submitted a patent application on the G® Lubricant product as soon as it was possible, and this is progressing through the usual process to be approved for the main target markets.
About GMG:
GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications.
The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.
In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.
GMG’s 4 critical business objectives are:
Produce Graphene and improve/scale cell production processes
Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, the potential of G Lubricant to optimize efficiency and power for stationary or mobile engines, the potential of G Lubricant to reshape the future of the global liquid fuels industry, GMG’s intention to commercialise and market G Lubricant, the progress of the Company’s patent applications, the potential market for G Lubricant and the potential revenue available for G Lubricant.
Such forward-looking statements are based on a number of assumptions of management, including, without limitation that G Lubricant has the potential to optimize efficiency and power for stationary or mobile engines, that G Lubricant has the potential to reshape the future of the global liquid fuels industry, that GMG will commercialize and market G Lubricant, that the Company’s patent applications will progress as anticipated, and that the potential market and revenue available for G Lubricant will be as currently forecasted. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that G Lubricant will not offer an innovative solution that optimizes efficiency and power for stationary or mobile engines, that G Lubricant will not reshape the future of the global liquid fuels industry, that GMG will commercialize and market G Lubricant as anticipated, that the Company’s patent applications will not progress as currently anticipated, that the potential market and revenue available for the G Lubricant product is not as currently calculated, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 3, 2024 available for review on the Company’s profile at www.sedarplus.ca.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
EXPO REAL Asia Pacific 2026, set to take place in Singapore from 15 to 17 June 2026, is gearing up to be a significant event for the real estate, infrastructure, and investment sectors in the Asia Pacific region.
The Eastern Economic Corridor (EEC) of Thailand has been announced as the first Founding Partner of EXPO REAL Asia Pacific 2026. This partnership highlights the EEC’s commitment to promote investment, uplift innovation and advanced technology, aligning with the event’s goal as a platform to accelerate real estate and infrastructure growth and investment.
The Eastern Economic Corridor, a flagship economic development zone in Thailand, is renowned for its strategic initiatives aimed at transforming the region into a leading economic hub. By partnering with EXPO REAL Asia Pacific, the EEC aims to showcase its investment opportunities, infrastructure projects, and innovative developments to a global audience.
The Thai government calls the 20-year strategy “Thailand 4.0”, taking a cue from the concept of “Industry 4.0” aimed at transforming the country into an innovative, value-based industry, with an emphasis on 5 clusters: Medical & Health, Digital, Next-Generation Automotive, Bio-Circular-Green, and Services.
“We are thrilled to welcome the Eastern Economic Corridor of Thailand as our first Founding Partner,” said Mr Michael Wilton, CEO and Managing Director of MMI Asia, the organiser of EXPO REAL Asia Pacific. “This partnership underscores the importance of EXPO REAL Asia Pacific as the platform where strategic economic regions like the EEC can tap on to share their success stories and attract more global investment and partners.”
The significant milestone provides the EEC with a prominent platform at EXPO REAL Asia Pacific, allowing it to engage with international investors and industry leaders. The EEC will also host forums and networking sessions highlighting its key projects and strategic initiatives.
“We are excited to join forces with EXPO REAL Asia Pacific,” said Dr Chula Sukmanop, Secretary General of the Eastern Economic Corridor. “This partnership aligns with our vision to position the EEC as a global investment destination. We look forward to leveraging this opportunity to attract new investments and drive sustainable economic growth.”
EXPO REAL Asia Pacific will take place from 15-17 June 2026 in Singapore, bringing together key stakeholders from the real estate, infrastructure and investment sectors. The event will feature a comprehensive program of conferences, exhibitions, and networking opportunities designed to facilitate business connections and knowledge exchange.
About EXPO REAL Asia Pacific
EXPO REAL Asia Pacific is the international event for the real estate, infrastructure and investment industry in the Asia Pacific region. Singapore is the leading financial and commercial centre in the region and offers an excellent business environment and direct market access. In one of the fastest growing regions, the event connects industry decision-makers to tap into market potential and do business and invest in an effective environment. The premiere will take place in Singapore from June 15 to 17, 2026. www.exporealasiapacific.com
About Eastern Economic Corridor of Thailand
The Eastern Economic Corridor (EEC) development lies at the heart of Thailand 4.0 scheme. The project is an area-based development initiative, aiming to revitalize the well-known Eastern Seaboard of Thailand, where numerous business developers have experienced a rewarding investment journey and exceptional achievements.
The project initially focused on the 3 Eastern provinces, namely Rayong, Chonburi, and Chachoengsao. The EEC development plan envisages a significant transformation of both physical and social development, playing an important role as a regulatory sandbox to uplift the country’s competitiveness. It has the objectives of developing modern and environmentally friendly economic activities, providing comprehensive government services, creating efficient infrastructure and public utilities, determining the appropriate use of land as well as developing liveable cities to be modern and suitable for living and doing business. www.eeco.or.th/en
For media inquiries, please contact: Ms Adeline Lim Project Director MMI Asia Pte Ltd Email: adeline.lim@mmiasia.com.sg
The 19th Annual PropertyGuru Asia Property Awards Grand Final, supported by V-ZUG Thailand, today revealed the region’s finest real estate and outstanding developers at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.
The conclusion of the 2024 PropertyGuru Asia Property Awards series hosted over 130 award-winning finalists from across Asia, elevating their achievements on the international stage.
Zhuhai Huafa Properties Co., Ltd. was honoured as the Best Developer in Asia
Zhuhai Huafa Properties Co., Ltd. was honoured as the Best Developer in Asia—a first for the company.
This marked one of five wins for companies representing Mainland China. Winners from Mainland China included Lead8, awarded for its projects MixC Changchun and K11 Shanghai, Huaihai Middle Road. Other winning design practices were Jiang & Associates Creative Design, which won for ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK, and Sybarite, which won for SKP Chengdu.
Developers from Hong Kong and Macau also excelled with four winning titles. Winners included China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited, winning for PANO HARBOUR; Lek Hang Group for Hotel Central Macau; Lofter Group Limited for 1 Ki Lung Street; and New Orient Group for San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building).
The Philippines emerged as the most awarded market with 12 accolades. Federal Land, Inc. stood out as Best Luxury Developer (Asia), accompanied by a win for Riverpark, while Federal Land NRE Global, Inc. gained the Best Breakthrough Developer (Asia) title. Aboitiz InfraCapital Economic Estates was honoured as Best Industrial Developer (Asia), supported by a win for LIMA Estate.
Adding to the Philippines’ impressive tally were titles for RLC Residences, winning for The Residences at The Westin Manila; Robinsons Offices for GBF Center 1; and work.able for work.able Robinsons Summit Center. Alveo Land won for Viento at Cerca while Sunshine Fort North Bonifacio Realty Development Corporation won for MITSUKOSHI BGC.
PropertyGuru Icon Award was presented to Henry T. Sy, Jr., non-executive director and chairman of the board at SM Prime Holdings
The Estate Makati—a collaboration between SM Development Corporation (SMDC) and Federal Land—received two titles. This year’s PropertyGuru Icon Award was presented to Henry T. Sy, Jr., non-executive director and chairman of the board at SM Prime Holdings, by the editorial team of Property Report by PropertyGuru, the official magazine of the Awards.
A wide array of companies from Malaysia triumphed with 11 wins. They included Bangsar Heights Pavilion, winning for Quayside JBCC; Berinda Group for Ponderosa Callista; City Motors Group for Alfa Bangsar; Eupe Corporation Berhad for Helix2 @ PJ South; Gunung Impian Development Sdn Bhd for Iconia Garden Residence; Iskandar Investment Berhad for Medini Innopolis; JLand Group Sdn Bhd for Sanubari @ Bandar Dato Onn; Malton Berhad for The Park 2 Pavilion Bukit Jalil; Sime Darby Property Berhad for Serenia Industrial Park; Tropicana Corporation Berhad for Avisa Residences, Tropicana Alam; and Triterra Sdn Bhd for The MET Corporate Towers.
Indonesia celebrated eight wins, led by Paramount Land, winner of the Best Township Developer (Asia) title. Sinar Mas Land garnered multiple titles for BSD City and Biomedical Campus, as well as its joint ventures: Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation and Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V.
Other victorious developers from Indonesia were DM Projects Group, winning for Salty Jim Villa; PT Adhi Commuter Properti Tbk. for LRT City Cibubur; and Summarecon Group for Flora at Summarecon Bandung
Singapore continued its winning streak with eight wins. UOL Group Limited was recognised as both Best Sustainable Developer (Asia) and Best Hospitality Developer (Asia), with Meyer Blue winning an award for both UOL Group Limited and Singapore Land Group Limited. Pan Pacific Orchard meanwhile yielded a win for both UOL Group Limited and Pan Pacific Hotels Group.
Similarly, GuocoLand and Hong Leong Holdings Limited jointly won for Lentor Mansion. TID Pte. Ltd. won Best Lifestyle Developer (Asia), alongside a win for Lentoria, while FRX Capital Private Limited was named Best Boutique Developer (Asia).
Australia also garnered seven wins, three of which went to BLVD by OSK Property. Other champions included BHC Property, winning for Mercer; FY Property, Kooringa Group, MA Financial, CPDM for Chatswood Garden; Golden Sedayu for Burswood Point; and Jean Yip Developments for Elements at Carousel.
Thailand earned four titles, with Sansiri Public Company Limited winning for BuGaan Pattanakarn and Narasiri Phahol-Watcharapol. AP (Thailand) Public Company Limited also represented the kingdom with a win for The City Rama5-Nakhon In while APAC Land won for APAC Tower.
Also claiming four titles, Vietnam emerged victorious with Phu Long Real Estates Corporation named as
Best Community Developer (Asia). Gamuda Land won two titles for Eaton Park while Ecopark scored a win for Ecovillage Saigon River.
From Japan, Niseko Woodlands Limited won for Grand Tsuru Niseko while Yoichi Dreams was recognised for Kisin.
Saudi Arabia debuted at the Grand Final with Oud Real-Estate Development Company winning Best Mixed Use Developer (Asia), following a series of wins during the inaugural PropertyGuru Asia Property Awards (Middle East).
From Cambodia, LP Residences Co., Ltd. received a win for its Palm Springs project. By the Waters by Suryam Developers LLP meanwhile gained a recognition for India.
Jeremy Williams, managing director for Marketplaces at PropertyGuru Group, said: “PropertyGuru’s commitment to a sustainable future in Asia is truly reflected in this year’s award winners. By raising benchmarks for resilience and sustainability, we power communities to live, work, and thrive in tomorrow’s cities. These accolades not only honour the efforts of developers and design practices but also inspire innovation that benefits property seekers, agents, and investors alike. As we celebrate the 19th edition of the Grand Final, we look forward to a wave of progress creating what’s next for the region’s built environment.”
Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The 2024 PropertyGuru Asia Property Awards series included many first-time accolades. We celebrated the strengths of emerging and established property markets, expanding to new regions and revisiting the region’s leading real estate destinations. We also honoured individuals—industry legends and rising stars poised to change the game. Through the People’s Choice Awards, we engaged with property buyers, giving them a platform to support developers who share their aspirations and values. We also recognised excellence in ESG, supporting those making our industry more sustainable for future generations of property seekers. It’s an honour to conclude this series by celebrating companies across a wide variety of real estate sectors and distinguishing multiple types of projects throughout Asia Pacific, a region that is becoming home to the cities of tomorrow.”
Thien Duong, chairperson of the Grand Final, said: “This year’s winners across Asia Pacific have impressed the judges with their sustainable, functional masterplans and designs, spanning everything from expansive townships to livable homes and dynamic commercial spaces. Excellence in property development is incessantly redefined across the region, and we’re happy to contribute to this ongoing evolution. Congratulations to the Gold Standard bearers of real estate across Asia Pacific.”
An independent panel of head judges from participating markets in the Awards selected the winners: Thien Duong, general director, GroupGSA Vietnam (Vietnam); Ajai A Kapoor, CEO, 360 degrees – Real Estate Services (India); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Eddie Guillemette, CEO, Midori no Ki (Japan); Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022 (Malaysia); Ivan Lam, executive director, international business, Charter Keck Cramer (Australia); Ken Ip, chairman, Asia MarTech Society (Mainland China); Kristin Thorsteins, co-founder & managing partner, Portman Investment Pte Ltd (Singapore); Dr. Nirmal De Silva, director and CEO, Paramount Realty (Sri Lanka); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (China – Hong Kong and Macau); Sorn Seap, president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, CEO, Sen X Group PCL (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).
HLB ensured the fairness, transparency, and credibility of the selection process under the supervision of Paul Ashburn of HLB International Real Estate Group. The global network of independent professional accounting firms and business advisers was recognised as the “2024 Network of the Year.”
The 19th PropertyGuru Asia Property Awards Grand Final was a highlight of PropertyGuru Week, which also featured the PropertyGuru Asia Real Estate Summit; the debut of the Awards in the Middle East; and the latest editions of the Awards in Mainland China, Hong Kong, Macau, Japan, India, Sri Lanka, and Cambodia.
Organised by PropertyGuru Group, the 19th PropertyGuru Asia Property Awards Grand Final is supported by gold sponsor V-ZUG Thailand; official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; media partners Bridges, BusinessWorld, d+a Magazine, Detik.com, Hot Magazine, Kiripost, Kompas.com, Luxury Society Asia, Manila Bulletin, Pattaya Trader, Prop2morrow, REm, SquareRooms, Tatler Asia Homes, The Philippine Star, and Think of Living; supporting partner REHDA Institute; and official supervisor HLB.
COMPLETE LIST OF WINNERS 19th PropertyGuru Asia Property Awards Grand Final
DEVELOPER AWARDS
Best Developer (Asia) Zhuhai Huafa Properties Co., Ltd. – Mainland China (WINNER) BHC Property – Australia Home Lands Skyline (Pvt) Ltd – Sri Lanka New World Development Company Limited – China – Hong Kong and Macau Robinsons Land – Philippines Signature Global (India) Limited – India Sinar Mas Land – Indonesia UOL Group Limited – Singapore
Best Luxury Developer (Asia) Federal Land, Inc. – Philippines (WINNER)
Best Township Developer (Asia) Paramount Land – Indonesia (WINNER)
Best Mixed Use Developer (Asia) Oud Real-Estate Development Company – Saudi Arabia (WINNER)
Best Sustainable Developer (Asia) UOL Group Limited – Singapore (WINNER) King Square Development Co., Ltd. – Thailand
Best Lifestyle Developer (Asia) TID Pte. Ltd. – Singapore (WINNER)
Best Hospitality Developer (Asia) UOL Group Limited – Singapore (WINNER)
Best Community Developer (Asia) Phu Long Real Estates Corporation – Vietnam (WINNER)
Best Boutique Developer (Asia) FRX Capital Private Limited – Singapore (WINNER) Lofter Group Limited – China – Hong Kong and Macau
Best Breakthrough Developer (Asia) Federal Land NRE Global, Inc. – Philippines (WINNER)
DEVELOPMENT AWARDS
Best Mega Township Development (Asia) BSD City by Sinar Mas Land – Indonesia (WINNER)
Best Township Development (Asia) Riverpark by Federal Land, Inc. – Philippines (WINNER) Koh Pich City by OCIC Group – Cambodia Summarecon Bogor by Summarecon Group – Indonesia
Best Mixed Use Development (Asia) Burswood Point by Golden Sedayu – Australia (WINNER) Gaysorn Village by Gaysorn Property Co., Ltd. – Thailand KingsQuare by King Square Development Co., Ltd. – Thailand Shenzhen Huafa Snow World by Zhuhai Huafa Properties Co., Ltd. – Mainland China
Best Ultra Luxury Condo Development (Asia) The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER) Jianfa Zichen by Jianfa Fangdichan Jituan – Mainland China
Best Luxury Condo Development (Asia) Meyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore (WINNER) R&F Princess Cove Phase 2 – Seine Region by R&F Development Sdn Bhd. – Malaysia The Seasons Residences by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines Waterdale Residencies, bordering Colombo 7 by Home Lands Skyline (Pvt) Ltd – Sri Lanka
Best High End Condo Development (Asia) Viento at Cerca by Alveo Land – Philippines (WINNER) Cerule at Solinea by Alveo Land – Philippines Xi’an Huafa Lijun ‧Center Glorous by Zhuhai Huafa Properties Co., Ltd. – Mainland China
Best Condo Development (Asia) The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER) BLVD by OSK Property – Australia Lentor Mansion by GuocoLand and Hong Leong Holdings Limited – Singapore The Pavilia Forest by Joint Venture by New World Development Company Limited & Far East Consortium International Limited – China – Hong Kong and Macau
Best Mid End Condo Development (Asia) Helix2 @ PJ South by Eupe Corporation Berhad – Malaysia (WINNER) Aspen Peak by Rumapadu by Harmas Land & Integrasi Transit Jakarta (ITJ) – Indonesia
Best Completed Condo Development (Asia) The Park 2 Pavilion Bukit Jalil by Malton Berhad – Malaysia (WINNER)
Best Luxury Waterfront Condo Development (Asia) PANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and Macau (WINNER) Meyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore
Best Waterfront Condo Development (Asia) Eaton Park by Gamuda Land – Vietnam (WINNER) Oceana Beach Resort Apartments & Villas – Wadduwa by Home Lands Skyline (Pvt) Ltd – Sri Lanka The Residences at Terrazas de Punta Fuego by Landco Pacific Corporation – Philippines
Best Connectivity Condo Development (Asia) 1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and Macau (WINNER)
Best TOD Condo Development (Asia) LRT City Cibubur by PT Adhi Commuter Properti Tbk. – Indonesia (WINNER)
Best Investment Condo Development (Asia) Elements at Carousel by Jean Yip Developments – Australia (WINNER)
Best Lifestyle Condo Development (Asia) The Residences at The Westin Manila by RLC Residences – Philippines (WINNER)
Best Eco Friendly Condo Development (Asia) Alfa Bangsar by City Motors Group – Malaysia (WINNER)
Best Ultra Luxury Housing / Landed Development (Asia) BuGaan Pattanakarn by Sansiri Public Company Limited – Thailand (WINNER)
Best Luxury Housing / Landed Development (Asia) Narasiri Phahol-Watcharapol by Sansiri Public Company Limited – Thailand (WINNER)
Best Housing / Landed Development (Asia) Grand Tsuru Niseko by Niseko Woodlands Limited – Japan (WINNER) Kisin by Yoichi Dreams – Japan Mount Rosie Signature Collection by FRX Capital Private Limited – Singapore
Best Mid End Housing / Landed Development (Asia) The City Rama5-Nakhon In by AP (Thailand) Public Company Limited – Thailand (WINNER) Leonora at Summarecon Serpong by Summarecon Group – Indonesia
Best Affordable Housing / Landed Development (Asia) Avisa Residences, Tropicana Alam by Tropicana Corporation Berhad – Malaysia (WINNER) Britania Bekasi by PT. Mekar Agung Sejahtera – Indonesia Spring Residence at Spring City, Sentul City by PT Sentul City Tbk – Indonesia Villa Natura by Eupe Corporation Berhad – Malaysia
Best Completed Housing / Landed Development (Asia) Flora at Summarecon Bandung by Summarecon Group – Indonesia (WINNER)
Best Waterfront Housing / Landed Development (Asia) By the Waters by Suryam Developers LLP – India (WINNER)
Best Investment Housing Development (Asia) Iconia Garden Residence by Gunung Impian Development Sdn Bhd – Malaysia (WINNER)
Best Branded Residential Development (Asia) Quayside JBCC by Bangsar Heights Pavilion – Malaysia (WINNER) The Residences at The Westin Manila by RLC Residences – Philippines
Best Luxury Townhouse Development (Asia) Mercer by BHC Property – Australia (WINNER)
Best Townhouse Development (Asia) Chatswood Garden by FY Property, Kooringa Group, MA Financial, CPDM – Australia (WINNER)
Best Smart Home Development (Asia) Sanubari @ Bandar Dato Onn by JLand Group Sdn Bhd – Malaysia (WINNER)
Best Integrated Work From Home Development (Asia) BLVD by OSK Property – Australia (WINNER)
Best Wellness Residential Development (Asia) BLVD by OSK Property – Australia (WINNER) The Residences at The Westin Manila by RLC Residences – Philippines
Best Heritage Development (Asia) Hotel Central Macau by Lek Hang Group – China – Hong Kong and Macau (WINNER) San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and Macau
Best Mega Scale Industrial Development (Asia) Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation – Indonesia (WINNER)
Best Industrial Development (Asia) Serenia Industrial Park by Sime Darby Property Berhad – Malaysia (WINNER) Light Industry & Science Park IV by Science Park of the Philippines. Inc. – Philippines
Best Green Industrial Development (Asia) LIMA Estate by Aboitiz InfraCapital Economic Estates – Philippines (WINNER)
Best Office Development (Asia) The MET Corporate Towers by Triterra Sdn Bhd – Malaysia (WINNER) 83 King Lam Street by New World Development Company Limited – China – Hong Kong and Macau Cybergate Iloilo Tower 3 by Robinsons Offices – Philippines FourE-com Center by SM Offices by SM Prime – Philippines JLC by Hongkong Land – Mainland China Oriental Square by OSI by Orient Success International Investment Joint Stock Company (OSI Holdings) – Vietnam
Best Retail Development (Asia) MixC Changchun by Lead8 – Mainland China (WINNER) 23 Paskal Shopping Center by PT Indonesian Paradise Property Tbk and Subsidiaries – Indonesia
Best Smart Building Development (Asia) Biomedical Campus by Sinar Mas Land – Indonesia (WINNER)
Best Green Development (Asia) Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V – Indonesia (WINNER) KingsQuare Residence by King Square Development Co., Ltd. – Thailand Signature Global Titanium SPR by Signature Global (India) Limited – India
Best Nature Integrated Development (Asia) Lentor Mansion by GuocoLand and Hong Leong Holdings Limited – Singapore (WINNER) Kisin by Yoichi Dreams – Japan The Morizen at Summarecon Mutiara Makassar by Summarecon Group & Sumitomo Forestry – Indonesia
DESIGN AWARDS
Best Mega Township Masterplan Design (Asia) Medini Innopolis by Iskandar Investment Berhad – Malaysia (WINNER) Riverpark by Federal Land, Inc. – Philippines
Best Township Masterplan Design (Asia) Ecovillage Saigon River by Ecopark – Vietnam (WINNER) Paramount Petals by Paramount Land – Indonesia
Best Mixed Use Architectural Design (Asia) K11 Shanghai, Huaihai Middle Road by Lead8 – Mainland China (WINNER) Quayside JBCC by Bangsar Heights Pavilion – Malaysia
Best Condo Architectural Design (Asia) Lentoria by TID Pte. Ltd. – Singapore (WINNER) 1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and Macau Lucky No. 16 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland China Meyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore PANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and Macau The Hillshore by FRX Capital Private Limited – Singapore The Spinnaker by Landco Pacific Corporation – Philippines
Best Housing / Landed Architectural Design (Asia) Ponderosa Callista by Berinda Group – Malaysia (WINNER) The Links Golf Villas by PT. New Kuta Golf And Ocean View – Indonesia The Palazzo Pinklao-Borom by AP (Thailand) Public Company Limited – Thailand Vong Residence by V.I Land Investment Co., Ltd. – Cambodia
Best Resort Housing Architectural Design (Asia) Kisin by Yoichi Dreams – Japan (WINNER)
Best Office Architectural Design (Asia) APAC Tower by APAC Land – Thailand (WINNER) GBF Center 1 by Robinsons Offices – Philippines Juli Road No.1 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland China THE CENDAS by S E A Holdings Limited – China – Hong Kong and Macau
Best Retail Architectural Design (Asia) MITSUKOSHI BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines (WINNER)
Best Condo Interior Design (Asia) BLVD by OSK Property – Australia (WINNER) 2C Boundary Street by Lofter Group Limited – China – Hong Kong and Macau Casa Rivera by HWCD Design – Mainland China Century of Cultural Collection by HWCD Design – Mainland China
Best Housing / Landed Interior Design (Asia) Salty Jim Villa by DM Projects Group – Indonesia (WINNER) Regalità by Da Vinci Land – Singapore
Best Suburban Housing / Landed Interior Design (Asia) Palm Springs by LP Residences Co., Ltd – Cambodia (WINNER)
Best Heritage Interior Design (Asia) San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and Macau (WINNER)
Best Mega Scale Office Interior Design (Asia) ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK by Jiang & Associates Creative Design – Mainland China (WINNER)
Best Office Interior Design (Asia) GBF Center 1 by Robinsons Offices – Philippines (WINNER)
Best Co Working Space (Asia) work.able Robinsons Summit Center by work.able – Philippines (WINNER)
Best Retail Interior Design (Asia) SKP Chengdu by Sybarite – Mainland China (WINNER)
Best Hospitality Interior Design (Asia) Pan Pacific Orchard by UOL Group Limited and Pan Pacific Hotels Group – Singapore (WINNER)
Best Condo Landscape Design (Asia) Eaton Park by Gamuda Land – Vietnam (WINNER) 1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and Macau Lentor Mansion by GuocoLand and Hong Leong Holdings Limited – Singapore Meyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore
PUBLISHER’S CHOICE
PropertyGuru Icon Award Henry T. Sy, Jr., Non-Executive Director/Chairman of the Board, SM Prime Holdings Chairman and Chief Executive Officer, SM Development Corporation (WINNER)
About PropertyGuru’s Asia Property Awards
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent.
In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024.
PropertyGuru is Southeast Asia’s leading(1) PropTech company, and the preferred destination for over 28 million property seekers(2) to connect with almost 46,000 agents(3) monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings(4), in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.
(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.
PROPERTYGURU CONTACTS:
General Enquiries:
Richard Allan Aquino, Head of Brand & Marketing Services M: +66 92 954 4154 E: allan@propertyguru.com
Media & Partnerships:
Nate Dacua, Senior Manager, Media and Marketing Services M: +66 92 701 2510 E: nate@propertyguru.com
Messe München proudly announces the successful conclusion of ASEAN Ceramics & ASEAN Stone 2024, the premier international trade fair for Machinery, Technology, and Materials for the Ceramics industry. Co-organized in partnership with the Vietnam Building Ceramic Association (VIBCA), the tradeshow drew in a global audience of over 3,500 industry professionals and hosted over 300 international companies and brands right at the Saigon Exhibition and Convention Centre (SECC), Ho Chi Minh City, Vietnam, into a vibrant hub of innovation.
The event experienced exceptional success, featuring its largest-ever edition with an increase in exhibition space, and both attending exhibitors and visitors. The inclusion of country pavilions from Italy, Germany, China, India, Thailand and Vietnam added to the international diversity of the exhibitor profile, solidifying the exhibition as the ultimate platform for unveiling industry advancements and fostering collaborations among key players.
The three-day event was buzzed with activities, including leading companies and brands showcasing the latest developments of raw ceramic materials, a world-class conference program featuring over 30 conference sessions and panel discussions focusing on solutions to the latest challenges faced by both ceramics and natural stone industry and the innovative strategies presented by industry leaders and experts. Other features include pre-event factory tours, buyer-seller programs, beer networking function and hosted buyer delegations from Thailand, India, Vietnam, and China.
The Opening Ceremony, graced by Deputy Minister Mr. Nguyen Van Sinh from the Ministry of Construction in Vietnam, set the tone for the event. A total of 500 buyer-seller meetings occurred, connecting exhibitors with their potential buyers. The VIBCA seminar featured industry leaders from the local ceramic and building associations, sharing country projects and insights.
The 2024 trade fair exhibitors include national and international industry giants from both the ceramics and stone industries – CERTECH Group, Esmalglass-Itaca (Vietnam), Puresil India, Minnovation Group, VITIS JSC, TQT, Imerys, Kyocera, Sedlecký Kaolin from the Ceramics industry, and Breton SpA, Fortune Stones, SIMEC SPA, Rithy Granite (Cambodia) Co., Ltd, The Square Stone, and Bao Lai Stone from the Stone industry. The exhibition shows featured international exhibitors from – Germany, Spain, Italy, Egypt, Indonesia, United Kingdom, Czech Republic, Slovenia, Bulgaria, Turkey, Australia, India, Japan, South Korea, Thailand, Hong Kong, Australia, Malaysia, Singapore, Vietnam and China[VF1] . The ACIMAC, Confindustria Marmomacchine, the Deutsche Keramische Gesellschaft (DKG), CCPIT, the Federation of Indian Export Organizations (FIEO), and the Thai Ceramic Society supported the exhibition with Italian, German, China, Indian and Thailand Pavilion respectively. The formation of international pavilions offered buyers, specifiers, and influencers the opportunity to source products, gain design inspiration, and expand their businesses with the latest innovations in materials, equipment, tools, and technology.
Mr. Michael Wilton, CEO and Managing Director of MMI Asia, expressed during the exhibition, “ASEAN Ceramics has once again proved that it is the number one meeting place in Southeast Asia for the ceramics industry. ASEAN Ceramics has played its role, bringing these people together, and it enables the industry to innovate, collaborate, work together to further enhance the industry here in Southeast Asia. This edition is also special because we introduce a new segment, ASEAN Stone. ASEAN Stone is again bringing together the stone manufacturers, the stone producers, the quarries to further the technology, the advancement, the understanding of the industry here in Southeast Asia.”
Plans for ASEAN Ceramics 2025 are already in progress for the next edition, scheduled to be held on October 15-17, 2025, at Hall 5, IMPACT Exhibition & Convention Centre, Bangkok, Thailand. ASEAN Stone exhibition will be continued in Hanoi in 2026. The remarkable gathering at ASEAN Ceramics and ASEAN Stone 2024 underscores the increasing demand for ceramic and natural stone machinery, technologies, and materials in the region. The event has set the stage for further advancements in the industries, playing a pivotal role in driving innovation, promoting investment, and facilitating knowledge exchange in the ceramic manufacturing sector.
About Messe München
As one of the world’s leading trade fair organizers, Messe München presents the world of tomorrow at its about 90 trade fairs worldwide. These include twelve of the world’s leading trade fairs such as bauma, BAU, IFAT, electronica, and ISPO. Messe München’s portfolio comprises trade fairs for capital and consumer goods, as well as for new technologies. Together with its subsidiaries, it organizes trade fairs in China, India, Brazil, South Africa, Turkey, Singapore, Vietnam, Hong Kong, Thailand, and the U.S. With a network of more than 15 affiliated companies and almost 70 representations worldwide, Messe München is active in more than 130 countries. The more than 150 events held annually attract around 50,000 exhibitors and around three million visitors in Germany and abroad.
About MMI Asia Pte Ltd
Established in 1992, MMI Asia is the wholly owned subsidiary and the regional headquarters of Messe München GMBH (MMG) and is one of the world largest and leading exhibition organizers. MMI Asia’s portfolio of events include editions of world-leading trade fairs from Munich – transport logistic & air cargo, analytica, ceramitec; as well as industry-specific events such as Glasstech and Fenestration Asia, Asia Climate Forum, and Singapore International Water Week. MMI Asia also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations. For more information, please visit www.mmiasia.com
About Vietnam Building Ceramic Association (VIBCA)
Vietnam Building Ceramic Association is a professional organization, non-governmental, voluntary, established under Decision No. 41/1999 / QD – BTCCBCP dated 04-10-1999 of the Minister, Head of the Organizing Committee Government personnel. Currently VIBCA includes around 100 members are enterprises of different economic sectors, operating mainly in the field of building ceramics, including the associate members are research institutions, investment consulting, manufacturing and mechanical engineering. VIBCA is a member of the Association of Asean Ceramics Industry CICA and intimate relationship with the Association Ceramics of countries in Asean and in the world.
PropertyGuru Group, Southeast Asia’s leading property technology company, today announced the winners of its real estate awards in the Middle East and South Asia during the exclusive International Luncheon at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.
The inaugural PropertyGuru Asia Property Awards (Middle East) recognised exemplary real estate achievements across the growing region. Dominating this milestone edition of the awards, Oud Real-Estate Development Company won the coveted Best Mixed Use Developer (KSA) title as well as the Best Retail Office Development (KSA) and Best Retail Office Interior Design (KSA) awards for its project, The North Yard.
Oud Real-Estate Development Company, PropertyGuru Asia Property Awards (Grand Final) 2024
Oud Real-Estate Development Company later won Best Mixed Use Developer (Asia) at the 19th PropertyGuru Asia Property Awards Grand Final, held on the same day at The Athenee Hotel, a Luxury Collection Hotel, Bangkok. This marked Saudi Arabia’s debut at the Grand Final, also known as the finale of the annual PropertyGuru Asia Property Awards series.
The PropertyGuru Asia Property Awards (India) and PropertyGuru Asia Property Awards (Sri Lanka) this year returned for their fifth editions, celebrating great projects and industry leaders across South Asia.
Signature Global (India) Limited, PropertyGuru Asia Property Awards (India) 2024
In India, Signature Global (India) Limited claimed its first Best Developer award, alongside a Best Green Development award for Signature Global Titanium SPR. By the Waters by Suryam Developers LLP was recognised as Best Waterview Housing Development.
By The Waters by Suryam Developers LLP, PropertyGuru Asia Property Awards (Grand Final) 2024
By the Waters went on to win Best Waterfront Housing / Landed Development (Asia) for Suryam Developers LLP at the Grand Final.
Home Lands Skyline (Pvt) Ltd, PropertyGuru Asia Property Awards (Sri Lanka) 2024
In Sri Lanka, Home Lands Skyline (Pvt) Ltd achieved its first Best Developer title, with additional honours for its projects: Best Luxury Condo Development (Colombo) for Waterdale Residencies, bordering Colombo 7, and Best Waterfront Condo Development for Oceana Beach Resort Apartments & Villas – Wadduwa.
Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The Middle East has entered an era of remarkable growth, marked by investments in megaprojects and equally impressive smaller-scale developments, all driven by visionary government initiatives, economic diversification, and strong fundamentals. It’s truly a privilege to expand the PropertyGuru Asia Property Awards for the first time to this part of the world. With these awards, we recognise the region’s world-class projects ranging from mixed-use developments to high-calibre commercial spaces. We’re proud to have introduced these benchmarks of excellence in the Middle East, marking the beginning of our contribution to this region’s progress and success.”
Ajai A Kapoor, chairperson of the Awards in India, said: “These accolades inspire continued excellence in India, a booming real estate market fuelled by a solid economic foundation, resulting in rising demand and active development, across residential and commercial projects. The expanding diversity of the Indian property market is equally exciting, offering consumers a wide range of options, from eco-friendly designs to luxury homes with world-class amenities and breathtaking views. Congratulations to all our awardees in India.”
Dr. Nirmal De Silva, chairperson of the Awards in Sri Lanka, said: “Sri Lanka has experienced remarkable transformations in recent years, complemented by a real estate market that continues to attract international property seekers. The return of the Awards this year highlights this progress, showcasing luxurious villas and homes across the island, from Colombo to emerging cities, fuelled by significant infrastructure developments, including ports and airports. Congratulations to all the winners of this year’s awards.”
The panel of judges in the Middle East consists of Stephen Oehme, director, Quantum Analysis Pte Ltd Singapore, and James A. Kaplan, CEO, Destination Capital Company Limited. Ajai A Kapoor, CEO of 360 degrees – Real Estate Services, and Madhav Raman, co-founder of Anagram Architects, comprise the panel of judges in India while Dr. Nirmal De Silva, director and CEO of Paramount Realty, leads the judging process in Sri Lanka.
The judges lead a transparent, fair, and credible selection process under the supervision of HLB. The official supervisor is part of the “2024 Network of the Year” winner HLB International, the global network of independent professional accounting firms and business advisers.
Organised by PropertyGuru Group, the 2024 editions of the Awards in the Middle East, India, and Sri Lanka are supported by official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; and official supervisor HLB.
2024 PropertyGuru Asia Property Awards (Middle East)
DEVELOPER AWARD
Best Mixed Use Developer (KSA) WINNER: Oud Real-Estate Development Company
DEVELOPMENT AWARD
Best Retail Office Development (KSA) WINNER: The North Yard by Oud Real-Estate Development Company
DESIGN AWARDS
Best Retail Office Interior Design (KSA) WINNER: The North Yard by Oud Real-Estate Development Company
2024 PropertyGuru Asia Property Awards (India)
DEVELOPER AWARD
Best Developer WINNER: Signature Global (India) Limited
DEVELOPMENT AWARDS
Best Waterview Housing Development WINNER: By the Waters by Suryam Developers LLP
Best Green DevelopmentWINNER: Signature Global Titanium SPR by Signature Global (India) Limited 2024 PropertyGuru Asia Property Awards (Sri Lanka)
DEVELOPER AWARD
Best DeveloperWINNER: Home Lands Skyline (Pvt) Ltd
DEVELOPMENT AWARDS
Best Luxury Condo Development (Colombo)WINNER: Waterdale Residencies, bordering Colombo 7 by Home Lands Skyline (Pvt) Ltd
Best Waterfront Condo DevelopmentWINNER: Oceana Beach Resort Apartments & Villas – Wadduwa by Home Lands Skyline (Pvt) Ltd
About PropertyGuru’s Asia Property Awards
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent.
In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024.
PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.
1Based on SimilarWeb data between October 2023 and March 2024. 2Based on Google Analytics data between October 2023 and March 2024. 3Based on data between January 2024 and March 2024. 4Based on data between October 2023 and March 2024.
PROPERTYGURU CONTACTS:
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Richard Allan Aquino, Head of Brand & Marketing Services M: +66 92 954 4154 E: allan@propertyguru.com
