BANGKOK (Thailand) – February 26, 2019 (travelindex.com) – Thailand’s fiercely competitive property industry will once again be celebrated at the country’s largest and most prestigious annual event for the construction sector, the PropertyGuru Thailand Property Awards, which is being held for the 14th time this year.

The glamorous awards ceremony, presented by Hitachi Elevator, will take place on Friday, August 9, 2019, and will recognize developers, development and design, as well as some special awards for Corporate Social Responsibility (CSR), sustainable development, design and construction, community building and initiatives for public institutions.

Among the categories expected to be popular this year is the "Best Mixed-Use Development" category, which reflects the growing trend towards interconnected, integrated or multi-component properties, particularly in the cosmopolitan areas of Bangkok.

According to Suphin Mechuchep, Managing Director of the consulting firm JLL Thailand and re-elected Chair of the independent jury for the Thailand Property Awards, such projects offer a smart solution to the challenges facing the industry, including rising development costs and land prices. Among the 2018 award winners was billionaire Panote Sirivadhanabhakdi, a pioneer in mixed-use and integrated real estate, who was named “Thailand Real Estate Personality of the Year.”

The 2019 awards also include competition categories for residential properties in Bangkok, Samui, Hua Hin, Khao Yai, the East Coast, Phang-Nga and Krabi, Chiang Mai, Phuket, Northeast and South Thailand. In addition to the corresponding prizes for architecture, interior design, and landscape design, there are also open categories for the commercial sector (hotels, retail, and offices).

Niche segments are also adequately represented with categories such as "Best Senior Residence", "Best Smart Home", "Best Green Facility", "Best Co-Working Space" and "Best Hotel Residence", a new addition to the long-standing awards program.