Cambodia Real Estate Awards 2023: Celebrating Excellence in the Industry at Sofitel Hotel

Phnom Penh, Cambodia - April 9, 2023: The real estate industry's finest gathered at the Sofitel Phokeethra on the evening of Friday, April 7th to celebrate the achievements of outstanding individuals and companies in the industry.

The prestigious event is organized annually by Realestate.com.kh in collaboration with The Ministry of Land Management, Urban Planning and Construction, The Real Estate Business and Pawnshop Regulator of Cambodia, and the Cambodian Valuers and Estate Agents Association.

The event was graced by over 500 of the most prominent and successful real estate players in the country's industry. The nominees and award recipients were evaluated based on their industry leadership, innovation, business growth, impact, and overall excellence.

Over 30 winners from the leading property developers and agencies in Cambodia were announced throughout the night, and they were awarded the iconic trophy, prestigious CREA seal, and gold plaques to confirm their company's success.

The top development of the year winners included Forest Harmony, which won the top award of the evening, The Development of the Year. Le Condé BKK1 winner of multiple awards took home Condominium Development of the Year, whilst Borey Dragon Land 598 won the Best Landed Property Development of the Year, and Angkor Grace, another multiple award winner, won Hotel Development of the Year.

The top developer of the year awards included a joint winner for the overall Developer of the Year from both Prince Real Estate Group and SIHA Property, while Forest Harmony was back in the thick of it, taking home the Best Landed Property Developer of the Year, as was Le Condé BKK1 for the Best Condominium Developer of the Year.

Canopy Sands - Bay of Lights, Daline Property, Borey Sovannaphumi, Meanchey Residences, Borey Bosba and Morgan EnMaison were some of the other notable winners from the developer categories.

The top Agency of the Year award was shared between CBRE and CPL Cambodia, while C-Herald, Vanguard, IQI, and Khmer Foundation Appraisal rounded out the agency awards for the evening.

The event was opened with a spectacular video highlighting the industry's growth over the last few years, as well as paying homage to Van Molyvann, the grandfather of Khmer Architecture.

In an interview after the awards, the CEO of Realestate.com.kh, Tom O'Sullivan, thanked the efforts of the judging panel and highlighted the success of the 2023 awards. "With more than 100 nominations this year and over 50 entries, this real estate awards event was the most successful of its kind ever to be held in Cambodia," O'Sullivan went on to thank "the massive support from all the sponsors including Hanuman Beer, I.A.A.C Advertising, B2B Cambodia, and Legend Cinema.

Complete list of winners

Development winners 

Development of the Year - Forest Harmony - Kampot

Condominium Development of the Year - LE CONDÉ BKK1

Township Development of the Year - Bay of Lights 

Borey (Landed Property) Development of the Year - Borey Dragon Land 598 

Affordable Condominium of the Year - One 70 Condo

Premium Condominium of the Year - LE CONDÉ BKK1

Waterfront Development of the Year - Morgan Enmaison

Retail Development of the Year - Prince International Plaza

Hotel Development of the Year - Angkor Grace Residence & Wellness Resort

Design of the Year - Angkor Grace Residence & Wellness Resort

Lifestyle Development of the Year - Angkor Grace Residence & Wellness Resort

Best Borey (Landed Property) – Eastern Phnom Penh - Borey Laorthmey Penhchet

Best Borey (Landed Property) – Western Phnom Penh - Borey Uptown

Best Borey (Landed Property) – Northern Phnom Penh - Borey Dragon Land 598

Best Borey (Landed Property) – Southern Phnom Penh - SIHA Residence by SIHA Property

Regional Development of the Year - Bay of Lights

Affordable Housing Development of the Year -  Borey Uptown

Boutique Housing Development of the Year - Borey Sovannaphumi

Sales & Marketing Strategy of the Year - Borey Bosba

Luxury Development of the Year - Mean Chey Residences

Best Residential & Commercial Shophouse of the Year -  Daline Property Development

Community Development of the Year - WorldBridge Sport Village 

Innovative Real Estate Marketing Campaign of the Year -  Borey Lorn City Lotussea

Developer winners 

Developer of the Year (2) - Prince Real Estate Group & SIHA Property

Condominium Developer of the Year -  LE CONDÉ BKK1

Borey (Landed) Property Developer of the Year - Forest Harmony - Kampot

CSR & Social Impact Developer of the Year - Canopy Sands Development

Agency winners 

Hall of Fame / Personality of the Year - Edward Lee Prince Real Estate 

Real Estate Agency of the Year (Enterprise) - CPL (Cambodia Property Limited)

Real Estate Agency of the Year (Corporate) - CBRE Cambodia 

Agency - Research / Valuation Firm of the Year - Khmer Foundation Appraisal

Property Management Firm of the Year  (2) - CBRE Cambodia & C-Herald

Agency - Employer of Choice (2) - Vanguard Investment and Consultancy Services & IQI Cambodia

Agency of Choice (3) - C-Herald Property Service, IQI Cambodia & Khmer Foundation Appraisal