REALTY & CONSTRUCTION: Winners of first Myanmar National Real Estate Awards announced

The winners of the first Myanmar National Real Estate Awards (MNREA), a five month long campaign that recognises and celebrates the achievements of the best property developers in Myanmar, were announced last week. 

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The top winners were: Shwe Taung Real Estate Co Ltd, which bagged seven awards including the Best Developer of the Year Award and the Best Environmental Sustainability Award, as well as Marga Landmark Development Co Ltd, which collected the Best Residential Developer of the Year Award.

The 2019 Industry Influencer of the Year Award was presented to U Shein Win, president and chair of the Myanmar Construction Entrepreneurs Federation (MCEF).

 

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Organised by real estate portal ShweProperty.com, Myanmar’s #1 Real Estate Portal, the ceremony was attended by over 450 guests, including keynote speaker and former economic advisor Professor Aung Tun Thet as well as officials from the Yangon City Development Committee and New Yangon Development Company.

The first edition of the MNREA saw over 120 applications and 46 winners were revealed across the 20 award categories and is the largest number of entries in any property awards held in the country. Judges include Professor Aung Tun Thet, Richard Emerson, managing director of Emerson Real Estate and eight other experienced judges.

“With a prestigious international and local judging panel and verifying partner Deloitte Myanmar to provide a truly transparent and independent awards recognition program, this celebrates the best of the best property developers in the country,” said Mr Kevin Goos, managing director of ShweProperty.com.

“The Myanmar National Real Estate Awards is truly an industry-raising awards program that encourages and inspires the country’s best developers to create bigger and better projects in the future,” Professor Aung Tun Thet has said in his opening speech.

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