Cambodia Real Estate Awards 2019 officially launched



(From the left,  Mr. Suos Chenda, his excellency Nong Piseth and Mr. Thomas O'Sullivan. Phan Soumy) 

Realestate.com.kh held a press conference on Thursday morning at Lumiere Residence to officially announce the launch of Cambodia Real Estate Awards 2019 (CREA 2019), a platform created to recognise excellence in Cambodia's real estate industry.

CREA 2019 is the second annual Cambodia Real Estate Awards, organised by Realestate.com.kh, a leading real estate marketing company, in collaboration with the Ministry of Economy and Finance (MEF) and the Cambodian Valuers and Estate Agents Association (CVEA).

Joining Mr. Thomas O'Sullivan, the CEO of Realestate.com.kh, at the conference were His Excellency Nong Piseth, head of the department of real estate business and pawnshop of MEF and Mr. Suos Chenda, secretary-general of CVEA.

His Excellency, Piseth, has welcomed and supported Realestate.com.kh's initiative in organising this award ceremony. He encouraged Realestate.com.kh to continue hosting it for years to come.

"On behalf of the ministry of economy and finance, I would like to warmly welcome and support it, because it allows a competition amongst the top-performers [agencies and agents]", His Excellency Nong Piseth said.

CREA 2019 promotes world standard practices in real estate

During this opening remarks, Thomas O'Sullivan, the CEO of Realestate.com.kh said, "The objective of the Cambodia Real Estate Awards is to assist in further professionalising the Cambodia real estate industry by recognising the leading agents and agencies and celebrating the finest real estate practices nationwide."

"The mission of the Cambodia Real Estate Awards is to recognise the achievements of the Cambodian real estate industry objectively, without bias or undue influence and on a wholly inclusive basis, that allows all firm and individuals to participate regardless of the size or wealth of their operation," he added.

Mr. Suos Chenda, secretary-general of CVEA also encouraged all the Cambodia-based agencies and agents to enter CREA 2019 as it is significant for their branding and businesses. Winning awards demonstrate their recognised abilities and top-performances to especially foreign investors who are interested in investing in Cambodia.

He said, "Real Estate Award is very important. I would like to encourage all the agencies and agents to enter the competition to win awards in order to demonstrate your abilities, to show them, especially to real estate developers."

(From the left,  Mr. Suos Chenda, his excellency Nong Piseth and Mr. Thomas O'Sullivan. Phan Soumy) 

Agencies and agents must be legally registered with MEF for entry

Cambodia's real estate sector is swiftly growing over the past years. The growth has led to a tremendous increase in the numbers of agencies and agents in the country. As a result, there are flaws and irregular practices within the sector, including those who operate in the market without legal licenses issued by MEF.

Realestate.com.kh wants to help improve practices and celebrate those who are committed to staying professional. Therefore, it has employed a strict screening process for entering the competition.

As of now, over 30 leading agencies have entered the competition and over 60 entries for individual awards.

To be eligible for entry, all agencies and agents must possess all required licenses issued by MEF and be a member of CVEA.

Registration to CREA 2019 can be done quickly online following three easy steps as below:

1. Select the award categories you would like to enter

2. Record a 2-minute video related to your entry (This short video is essential. It is your chance to convince and prove to the judging committee why you deserve the award.)

3. Submit your video to Realestate.com.kh's team via info@cambodiarealestateawards.com

To find out more, please visit the Cambodia Real Estate Awards website or call 092 92 1000.It is one more week to go for agencies and agents interested in entering the competition. The registration deadline is on 21 November 2019

The Cambodia Real Estate Awards

More than 20 awards will be given out to winning agencies and individuals. They are divided into two categories, including Agent Awards and Agency Awards. Agencies are classified into two types, determined by the number of employees, corporate and enterprise agencies. The corporate agencies have 1-15 staff while Enterprise agencies have a team of 16 and above.

Cambodia Real Estate Awards for Agencies

  • Real Estate Agency of the Year (Corporate)
  • Real Estate Agency of the Year (Enterprise)
  • Best Up and Coming Agency of the Year
  • Regional Agency of the Year
  • Valuation Company of the Year (Corporate)
  • Valuation Company of the Year (Enterprise)
  • Commercial Agency of the Year
  • Property Management Agency of the Year
  • Employer of Choice Award
  • Agency of Choice Award (chosen via public voting)
  • International Agency of the Year

Cambodia Real Estate Awards for Agents

  • Real Estate Agent of the Year
  • Sales Agent of the Year
  • Rental Agent of the Year
  • Best Up and Coming Agent of the Year
  • Agent of Choice Award (chosen via public voting)
  • Valuation Professional of the Year

Public voting for the Agency of Choice Award and Agent of Choice Award will start from 25 November till 06 December via CREA 2019's website and social media channels.

(From the left,  Mr. Suos Chenda, his excellency Nong Piseth and Mr. Thomas O'Sullivan. Phan Soumy)

Benefits of joining CREA 2019

There are a lot of benefits to joining the CREA 2019 competition. As a winner, you will be recognised as a leader in the Cambodia real estate industry, awarded the iconic Cambodia Real Estate Awards trophy in which the design is inspired by Cambodia's landmark architectures by late Cambodian renowned architect, Vann Molyvann and a certificate.

"Most importantly, the agents and agencies that win awards, they also win a seal which they can use for the marketing for the rest of the year. It helps buyers, renters, developers, investors, and homebuyers to recognise those agents and they will trust those agents," Mr. Thomas said.

Judging process for CREA 2019

All the awardees of CREA 2019 will be judged and decided by a committee made up of respectful individuals and professionals in Cambodia's real estate industry, in combination with public voting online via Realestate.com.kh's website and social media channels. Judges for CREA 2019 include:

  • Mr. Om Sengbora, Founder & Chairman of CEO Masterclub
  • Mr. Blaise Kilian, Executive Director of EuroCham Cambodia
  • Ms. Seka Hep, Sarin & Associates Partner of DFDL Cambodia
  • Mr. Teng Rithy, Founder & Chairman of R Investment Group

Realestate.com.kh will remain independent and stand aside from the judging process to guarantee that the judging process is fair and free from any bias and the whole process will be monitored with diligence by an established accounting and auditing firm, Cambodian Investment Management.

Gala dinner at Sofitel Hotel 

The Cambodia Real Estate Awards 2019 is set for 12 December. All the shortlisted nominees and the broader real estate industry will be invited to join the Awards Ceremony and gala dinner at the Sofitel Hotel in Phnom Penh. Over 500 attendees are expected to attend, including leading real estate agents, developers, government officials, lawyers, economists, investors, home buyers and more. 

Sponsors and media partners

This event is generously supported by Cellcard, KW Cambodia, Lumiere Residence, TNAOT News and CEO Masterclub.

Media partners include CTN, Khmer Times, Freshnews, Fang.com, Thmey Thmey, BizKhmer, Property area Asia and EuroCham Cambodia.

For tickets: Please call 092 92 1000 or email info@cambodiarealestateawards.com

For sponsorship: Please contact

TYLER Stuart (English)tyler.stuart@realestate.com.kh+855 12 599 669 | +855 81 599 669

NIN Kang (Khmer & Chinese)nin.kang@realestate.com.kh+855 78 637 323 | +855 93 552 305

If you're interested in learning more about the development of Cambodia, download our Investment Guide 2019

Registration for Cambodia Real Estate Awards 2019 is open.