The country’s outstanding developers will be honoured, together with the best in India, at the exclusive gala dinner of the PropertyGuru Asia Property Awards (Sri Lanka) as we celebrate the best projects, designs, and innovations in South Asia throughout the past year.
The PropertyGuru Asia Property Awards (Sri Lanka) is the most respected and most sought-after real estate industry awards programme. The event is part of the regional PropertyGuru Asia Property Awards series established in 2005. With a professionally run and supervised judging system, the Asia Property Awards is the gold standard in real estate.
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Developer Awards
Best Developer
Must have completed at least 2 residential, commercial, hospitality developments in Sri Lanka since January 2017. Companies that enter Developer categories must also enter at least 1 development or design category.
Best Boutique Developer
Must have completed at least 1 boutique residential, commercial or hospitality development in Sri Lanka since January 2017. Boutique developments. Companies that enter Developer categories must also enter at least 1 development or design category.
Best Sustainable Developer
Must have completed at least 2 sustainable developments in Sri Lanka since 2017. Sustainable developers consistently implement environmentally sensitive design features, use low impact construction materials, and install energy, waste efficient systems. Companies that enter Developer categories must also enter at least 1 development or design category.
Best Breakthrough Developer
Must have launched first project during or after 2021 and have at least one new project in the pipeline to be launched before the end of 2022. Companies that enter Developer categories must also enter at least 1 development or design category.
Best Lifestyle Developer
Must have completed at least 2 lifestyle developments in Sri Lanka from 2017 to present. Lifestyle developers offer additional facilities in all their projects for residents to enhance their living experience, such as swimming pools, health and fitness areas, social spaces, children’s playgrounds, convenience stores. Companies that enter Developer categories must also enter at least 1 development or design category.
Best Commercial Developer
Must have completed at least 2 commercial developments in Sri Lanka from 2017 to present. Commercial developments include office and/or retail projects. Companies that enter Developer categories must also enter at least 1 development or design category.
Best Hospitality Developer
Must have completed at least 2 hospitality developments in Sri Lanka from 2017 to present. Hospitality developments include hotel and resort projects. Companies that enter Developer categories must also enter at least 1 development or design category.
Best Industrial Developer
Must have completed at least 2 industrial developments in Sri Lanka from 2017 to present. Industrial developments include manufacturing and/or logistics sector projects. Companies that enter Developer categories must also enter at least 1 development or design category.
Best Mixed Use Developer
Must have completed at least 2 mixed use developments in Sri Lanka from 2017 to present. Mixed-Use developments should include a minimum of two interconnected components: residential, retail, office, hospitality, medical, entertainment etc Companies that enter Developer categories must also enter at least 1 development or design category.
Special recognition awards
Special Recognition in ESG
All shortlisted developers will be invited to submit details of their ESG activities. There is no direct entry for this category. The criteria used to judge developers’ eligibility for this award includes:
- Environmental features, systems and technology
- Social responsibility and diversity approaches
- Corporate governance and employee benefits
Special Recognition in Sustainable Design and Construction
All shortlisted developers will be invited to submit details of their Sustainable Design activities. There is no direct entry for this category. The criteria used to judge developers’ eligibility for this award includes:
- Environmentally friendly design features
- Low impact materials selection
- Design durability and lifecycle assessment
Development Awards
Best Luxury Condo Development (Colombo)
Open to condominiums with an average unit price of more than 40,000 LKR per sq. ft. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit. Eligible projects should be located in Colombo
Best Mid End Condo Development (Colombo)
Open to condominiums with an average unit price of 25,000 to 40,000 LKR per sq. ft. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit. Eligible projects should be located in Colombo
Best Affordable Condo Development (Colombo)
Open to condominiums with an average unit price of less than 25,000 LKR per sq. ft. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit. Eligible projects should be located in Colombo
Best Housing Development (Colombo)
Open to developments with more than 4 units of houses and/or villas. The development must be completed in the period between January 2021 and before December 2026. Phases of a multiphase development are also eligible for entry. Must have a show unit. Eligible projects should be located in Colombo
Best Residential Development (Southern)
Open to condominiums, apartments, houses and villas. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit. Eligible projects should be located in Galle, Matara, and Hambantota
Best Residential Development (Central)
Open to condominiums, apartments, houses and villas. in the Central part of Sri Lanka. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit. Eligible projects should be located in Kandy, Nuwara Eliya and Matale
Best Residential Development (North East)
Open to condominiums, apartments, houses and villas. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit. Must have a show unit. Eligible projects should be located in Jaffna, Kilinochchi, Mannar, Mullaitivu, Vavuniya
Best Residential Development (Maldives)
Open to condominiums, apartments, houses and villas. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit.
Best Residential Development (Malé)
Open to condominiums, apartments, houses and villas. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit.
Best Completed Condo Development
Open to Completed condominiums and apartments project with hand over date between January 2020 to December 2021.
Best Completed Housing Development
Open to Completed developments with more than 4 units of houses and/or villas with hand over date between January 2020 to December 2021.
Best Connectivity Condo Development
Open to condominiums and apartments which located less than 400m from closest transit station (Multi Modal Transport) or major highways.The development must be completed in the period between January 2021 and before December 2026. Must have a show unit.
Best Connectivity Housing Development
Open to developments with more than 4 units of houses and/or villas which located less than 400m from closest transit station (Multi Modal Transport) or major highways.The development must be completed in the period between January 2021 and before December 2026. Must have a show unit
Best Waterfront Condo Development
Open to condominiums and apartments which located no further than 1km from a body of water like a lake, river, canal, or ocean. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit
Best Waterfront Housing Development
Open to developments with more than 4 units of houses and/or villas which located no further than 1km from a body of water like a lake, river, canal, or ocean. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit
Best Branded Residential Development
Open to Residential property managed and operated by an International hospitality brand. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit
Best Integrated Work From Home Development
Open to a project with shared and own workspace amenity as part of a housing/apartment/condo project that can be used only by residents/tenants. The development must be completed in the period between January 2021 and before December 2026. Must have show unit
Best Pet - Friendly Residential Development
Open to condominiums, apartments, houses and villas. The project must allow residents to keep pets within their property and common areas. The development must be completed in the period between January 2021 and before December 2026. Must have show unit
Best Health and Wellness Development
Open to residential projects that offer facilities and services that especially cater to senior citizens, such as daily fitness activities, onsite healthcare, senior-friendly surroundings and social programmes. The development must be completed in the period between January 2021 and before December 2026. Must have a show unit
Best Eco Friendly Condo Development
Open to condominiums and apartments that demonstrate the use of sustainable materials, technology or techniques but do not have official green certification. The development must be completed in the period between January 2021 and before December 2026. Must have show unit
Best Eco Friendly Housing Development
Open to developments with more than 4 units of houses and/or villas that demonstrate the use of sustainable materials, technology or techniques but do not have official green certification. The development must be completed in the period between January 2021 and before December 2026. Must have show unit
Best Office Development
The development must be completed in the period between January 2020 and December 2026.
Best Retail Development
Open to retail developments with more than 20,000 GFA. The development must be completed in the period between January 2020 and December 2026.
Best Hotel Development
The development must be completed in the period between January 2020 and December 2026.
Best Boutique Hotel Development
Open to hotels with maximum two (2) story’s, less than twenty (20) rooms and no banquet facilities provided. The development must be completed in the period between January 2020 and December 2026.
Best Mixed Use Development
Open to Mixed Use developments with two or more components, including residential, office, retail, hospitality, medical and entertainment. The development must be completed in the period between January 2020 and December 2026.
Best Mixed Use Development (Maldives)
Open to Mixed Use developments with two or more components, including residential, office, retail, hospitality, medical and entertainment. The development must be completed in the period between January 2020 and December 2026. Eligible projects should be located in Maldives
Best Industrial Development
Open to Industrial developments. The development must be completed in the period between January 2020 and December 2026. Industrial developments include manufacturing and/or logistics sector projects.
Best Eco Friendly Commercial Development
Open to Commercial that demonstrate the use of sustainable materials, technology or techniques but do not have official green certification. The development must be completed in the period between January 2020 and December 2026. Must have show unit
Best Smart Building Development
Open to residential and commercial development. The development must be innovative in the use of technology and be completed in the period between January 2020 and before December 2025. Must have a show unit.
Best Green Development
Open for Residential and Commercial Projects. The development must be completed in the period between January 2020 and December 2026. Open to developments with internationally recognized green certification (granted), including LEED, BCA Green Mark, WELL Building Standard, EDGE, BERDE, LOTUS, BREAAM, Green Star, and others. The developer must submit relevant documents, images and certifications to support each entry as evidence of: -Energy saving systems -Water management systems -Waste management systems -Health related features
Design Awards
Best Condo Architectural Design
The development must be completed in the period between January 2021 and December 2026. General design criteria include concept, form, use of space, design innovation, materials selection, longevity, environmental impact.
Best Housing Architectural Design
The development must be completed in the period between January 2021 and December 2026. The design criteria is applied to the full masterplan design and includes aesthetics, variety, accessibility, design innovation, materials selection, longevity, environmental impact.
Best Condo Interior Design
The development must be completed in the period between January 2021 and December 2026. Genera designl criteria include interior themes, colours, textures, finishing, functionality, relevance, innovation, safety, health, ease of maintenance.
Best Housing Interior Design
The development must be completed in the period between January 2021 and December 2026. Genera designl criteria include interior themes, colours, textures, finishing, functionality, relevance, innovation, safety, health, ease of maintenance.
Best Condo Landscape Architectural Design
The development must be completed in the period between January 2021 and December 2026. General criteria include consistency (flora & outdoor features), proportion, plant variety, innovation, accessibility, segmentation, special transition, ease of maintenance, environmental impact.
Best Housing Landscape Architectural Design
The development must be completed in the period between January 2021 and December 2026. General criteria include consistency (flora & outdoor features), proportion, plant variety, innovation, accessibility, segmentation, special transition, ease of maintenance, environmental impact.
Best Retail Architectural Design
The development must be completed in the period between January 2020 and December 2026. General design criteria include concept, form, shape, use of space, design innovation, materials selection, longevity, environmental impact.
Best Office Architectural Design
The development must be completed in the period between January 2020 and December 2026. General design criteria include concept, form, shape, use of space, design innovation, longevity, materials selection, longevity, environmental impact.
Best Hotel Architectural Design
The development must be completed in the period between January 2020 and December 2026. General criteria include concept, form, shape, use of space, design innovation, longevity, materials selection, longevity, environmental impact.
Best Hotel Interior Design
The development must be completed in the period between January 2020 and December 2026. General criteria include theme, colour, texture, finishing, comfort, functionality, relevance, innovation, maintenance, health and safety.
Best Mixed Use Architectural Design
The development must be completed in the period between January 2020 and before December 2026. General criteria include concept, form, shape, use of space, design innovation, longevity, materials selection, longevity, environmental impact.
Best Co Working Space
The development must be completed in the period between January 2020 and December 2026. General criteria include concept, space planning, functionality, communal area design, private area design, colour, texture, finishing, comfort, materials selection, longevity, environmental impact.
Best Commercial Landscape Architectural Design
The development must be completed in the period between January 2020 and December 2025. General criteria include consistency (flora & outdoor features), proportion, plant variety, innovation, accessibility, segmentation, special transition, ease of maintenance, environmental impact.
Best of The Best
Best Condo Development (Sri Lanka)
Chosen from all the condo categories winners.
Best Housing Development (Sri Lanka)
Chosen from all the housing categories winners.
Publisher's Choice
Real Estate Personality of the Year
Chosen by Editorial team of PropertyGuru Property Report Magazine. No direct entry
Judging Panel
The PropertyGuru Asia Property Awards (Sri Lanka) gala dinner and awards presentation ceremony will be held in 2 November 2022 in India (TBC). The event will celebrate the finest developers, development and design in South Asia’s real estate market, including India.
Invites are exclusive for finalists and event partners only. The public can register to view the programme, which will be broadcasted on asiapropertyawards.com/tv-podcast, Facebook, LinkedIn, and YouTube.
Shortlisted developers, sponsors, and partners — comprising of C-level and senior industry figures in real estate development, property consultancy, construction, marketing, property technology, legal, finance, and architecture and design — will be present at the exclusive gala event, with safety measures in place. Select members of the media will also be present to cover the illustrious night.
Consumers and real estate agents from all over the globe are invited to watch the livestream.
Official Supervisor
Official PR Partner
Official Magazine
Official Newspaper
Official ESG Partner
