The Dot Property Thailand Awards recognized a record 44 winners from across the Kingdom with leading developers AssetWise, Central Pattana Residence and Property Perfect among those to be honored. Celebrations took place at the Park Hyatt Bangkok on August 24 as real estate industry leaders came together to commend the best of the best for another year.
The Thailand real estate market has displayed a strong recovery from the pandemic, particularly in the resorts such as Phuket and also a thriving ultra luxury housing market. This was evident at the eighth annual Dot Property Thailand Awards where the spotlight was placed on winners who are supporting both growth and the evolving needs of home seekers.
One of the most notable impacts on the overall picture of the market this year has come in the resort locations, where foreign buyer demand brought a surge in luxury villa sales and an increasing amount of new project launches to try to keep pace with this demand.’’ Adam Sutcliffe, Dot Property Director of Events and International Markets, states. “This year’s Dot Property Thailand Awards winners represent the best of the companies and their projects which are making the most of this increased demand and rising to the heightened expectations from buyers both domestically and internationally.
AssetWise is a perfect example of these efforts. New launch condominium projects, such as Modiz Avantgarde and Kave Town Island have demonstrated a mastery of Bangkok’s competitive affordable condominium market. The company launched seven new projects in the first half of this year at almost twelve billion baht value, up forty six percent year on year, with a further five projects in the pipeline to launch before the end of the year.
Meanwhile, AssetWise has announced notable and significant joint ventures with leading local developers in Phuket. Partnerships with Botanica Luxury Phuket and taking part in Rhom Bho Property will see the development of some outstanding new projects on the island, proving AssetWise’s commitment to the luxury leisure residence segment. This outstanding work was celebrated when the firm was presented with the event’s most prestigious honor, Developer of the Year Thailand 2023.
Winning Developer of the Year 2023 is an achievement we are extremely proud of and reflects not only the vision but the incredible hard work of our dedicated team. This is validation of our mission to elevate new standards of modern living and grow to become the leading name in Thailand property development” Mr Kromchet Vipanpong, Chief Executive Officer at AssetWise, stated. “We take the award as a huge motivation to continue with our passion to deliver outstanding quality homes and community spaces and we thank Dot Property Group for the recognition.
Property Perfect continued its progress in the ultra luxury housing market. Their project Lake Legend Chaengwattana, a joint venture with Hongkong Land, picked up the award for Best Ultra Luxury Housing Development Bangkok, and the same project was selected by the public as Thailand People’s Choice Award for Project of the Year 2023. This was the second consecutive year that a luxury housing development has won the People’s Choice Award, reflecting the great strides in features and design within this segment.
Asset Wise