Celebrating a decade of real estate excellence, the awards recognise a wide variety of achievements in property development and design.
PropertyGuru Group has announced the winners and Highly Commended recipients of the 10th Annual PropertyGuru Indonesia Property Awards, presented by Kohler.
Around 50 companies, spanning projects from Jabodetabek to Bali, gathered at The Ritz-Carlton Jakarta, Pacific Place to compete for accolades in property development and design, celebrating a decade of real estate excellence.
Sinar Mas Land received the title of Best Developer for the second consecutive year, supported by wins for projects such as Biomedical Campus and Tresor. The company also won the title of Best Mega Township Development for BSD City while its joint ventures with Hongkong Land (Navapark), Mitbana (Welton at Hiera BSD), and Sojitz Corporation [Greenland International Industrial Center (GIIC) at Kota Deltamas] received a variety of awards.
Paramount Land was hailed Best Township Developer alongside the Best Township Masterplan Design win for its project Paramount Petals. The company also received winning titles for the projects Hampton Square @ Manhattan District, Matera Residences, and Pasadena Grand Residences. The Best Sustainable Developer title went to Farpoint while the Best TOD Developer title went to PT Adhi Commuter Properti Tbk.
The new Social Impact Award went to PT Integrasi Transit Jakarta, which also won for the project Aspen Peak by Rumapadu in collaboration with Harmas Land.
Jakarta Garden City won the title of Best Township Development (Jakarta), in one of two wins for PT Modernland Realty Tbk, while CitraLand Gama City Medan won the title of Best Township Development (Greater Indonesia) for Ciputra Group. Anantara Ubud Bali Residences by Minor International and PT Wijaya Karya Realty won the prestigious title of Best Housing Development (Indonesia), in addition to the title of Best Luxury Housing Development (Bali).
With six wins, Summarecon Group was one of the most awarded companies of the year, with its project Summarecon Bogor winning Best Township Development (Greater Jakarta). Several residential projects within its townships, including Flora at Summarecon Bandung, Leonora at Summarecon Serpong, and The Maple Residence at Summarecon Bogor, also received various awards. The Morizen at Summarecon Mutiara Makassar, a venture between Summarecon Group and Sumitomo Forestry, won two titles.
Other companies with winning projects this year include Alex Villas; Astraland Indonesia; Damai Putra Group; DM Projects Group; Easton Urban Kapital; Farpoint; Fasindo Group; Frontier Experiences Holding; Greenwoods Group; Jimbaran Hijau; KPN Properti Indonesia; Perum Perumnas; PT Indonesian Paradise Property Tbk and Subsidiaries; PT KVP Aparthouse Propertindo; PT. Mekar Agung Sejahtera; PT Metropolitan Karyadeka Development; PT Metropolitan Land Tbk; PT. New Kuta Golf And Ocean View; PT. Prima Jaya Sarana Mulia; PT Sentul City Tbk; PT Setiawan Dwi Tunggal; PT The Executive Centre Indonesia (TEC); and Two Cities Group.
Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “This year’s award-winning developments clearly demonstrate the continuing potential of Indonesian real estate as growth extends from Java to include more destinations across the archipelago. Indonesian developers have broken new ground in terms of architecture, design, and construction. They also show that sustainable, socially responsible real estate can make a lasting, positive impact on the community.”
Vivin Harsanto, chairperson of the independent panel of judges, PropertyGuru Indonesia Property Awards, said: “The Indonesia property market continues to impress with well-thought-out projects that range from mega townships to transit-oriented developments and smart buildings. This year’s PropertyGuru Indonesia Property Awards have set high standards for property development and design, driving the real estate and construction sectors to further improve and support the economy. Congratulations to all the winners of the 2024 PropertyGuru Indonesia Property Awards.”
The independent panel of judges consists of Vivin Harsanto, senior director and head of advisory at JLL Indonesia; Alex Bayusaputro, founder and managing partner, creative director, Indonesia and Singapore, Genius Loci; Bagus Adikusumo, senior director for office services, PT. Colliers International Indonesia; Cornel B. Juniarto, country managing partner, Hermawan Juniarto Deloitte Legal; Djinadi Gunawan, managing director, PT Meinhardt Indonesia; Doddy A. Tjahjadi, managing director, PTI Architects; Hendra Hartono, CEO, PT. Leads Property Services Indonesia; Lina Gan, founder and editor-in-chief, Indonesia Design; and M. Archica Danisworo, co-founder and design director, PDW Architects.
Wahyu Wibowo, CPA and partner with HLB Hadori Sugiarto Adi & Rekan – HLB Indonesia, supervised the selection process. HLB Hadori Sugiarto Adi & Rekan – HLB Indonesia is part of the “2024 Network of the Year” winner HLB International, the esteemed global network of independent professional accounting firms and business advisers.
Top winners will vie for the “Best in Asia” titles at the 19th PropertyGuru Asia Property Awards Grand Final in Bangkok on 13 December 2024.
Organised by PropertyGuru Group, the 10th PropertyGuru Indonesia Property Awards are presented by platinum sponsor Kohler; official partner PropertyKlik.com; official venue The Ritz-Carlton Jakarta, Pacific Place; official magazine Property Report by PropertyGuru; official publicity partner Publicom Communications; media partners Detik.com, Kompas.com, and Top 10 Indonesia; and official supervisor HLB.
For more information, email awards@propertyguru.com or visit the official website: asiapropertyawards.com.
