The winners of the first-ever Cambodia Property Awards were announced at a black-tie gala dinner and awards ceremony hosted at the Sofitel Phnom Penh Phokeethra on 25 February
The first-ever Cambodia Property Awards has finally come to a close, with Borey Penghuoth Group, the evening’s most-nominated company, taking home five awards, winning in all the categories in which it was shortlisted, including Best Developer (Cambodia). The 10-year-old firm beat Overseas Cambodian Investment Corporation Ltd (OCIC) to scoop the biggest accolade of the evening.
The Phnom Penh-based group also won the Special Recognition in Corporate Social Responsibility for its initiatives in building modern housing for the people of Cambodia and participating in the social reconstruction of the nation following decades of civil wars.
“We’re very happy for these awards. We’re thankful for a stable government that we can have a competition like this. Borey Penghouth Group just wants to build quality houses and create happiness for the people as part of our company slogan,” said Thay Chea Houth, the group’s president. “We will do our best to build and maintain our reputation so we can compete again at the Cambodia Property Awards. We see a very good future for the Cambodian property sector.”
Borey Penghuoth Group won Best Residential Development (Cambodia) category Grand Star Platinum, which faced stiff competition from Olympia City, the multi-use residential condominium project of The Olympia City Development Co Ltd that earned a total of three nominations and won the Best Mixed-Use Development award, and Urbanland Asia Investment Co Ltd’s award-winning condo development Embassy Residences.