Thailand Property Awards gathering steam
By Property-Report.com
The nomination stage of the 2008 Thailand Property Awards has proved to be active with many new businesses and projects being nominated for one of the prestigious awards.
The 2008 Thailand Property Awards has introduced a number of new categories, and broken down Best Villa Development and Best Condo Development awards into specific areas so judging will be more like-for-like. Awards include:
DEVELOPER
Best Developer
Best Boutique Developer
REAL ESTATE AGENCY
Best International Agent
Best Thailand Agent
DEVELOPMENT
Best Villa Development (Bangkok)
Best Villa Development (Phuket)
Best Villa Development (Eastern Seaboard)
Best Villa Development (Samui)
Best Villa Development (Hua Hin)
Best Condo Development (Bangkok)
Best Condo Development (Phuket)
Best Condo Development (Eastern Seaboard)
Best Condo Development (Samui)
Best Condo Development (Hua Hin)
Green Development Award
ARCHITECT/INTERIOR DESIGN
Best Architect
Best Interior Designer
MARKETING
Best Agent Website
Best Development Website
Best Print Advertisement
Similar to 2007, there are 3 stages to the entry and judging procedure.
Stage One: Nomination – members of the real estate industry and support industries nominate businesses/projects to respective categories. This can be done online through the official website or on official forms provided by the organisers by email or fax. No points are allocated at the nomination stage.
Stage Two: Entry – all nominated businesses/projects are then catalogued in the presence of BDO Richfield Advisory Limited and each is then contacted by the organisers, provided with an entry form and asked to complete and send back, via email. Once entries have closed, all entry submissions will be catalogued and checked against the award eligibility criteria in the presence of BDO Richfield Advisory Limited.
Stage Three: Judging – this year the judging is split into two parts. All entries will be judged by a team of anonymous judges sourced from the real estate industry nationwide. There will be no discussions among judges and each judge will allocate points against specific judging criteria, and submit final scoring sheets direct to BDO Richfield Advisory Limited who will calculate the scores. Total scores for each entry will be divided by the number of judges who scored that entry and the one with the highest score will be the winner.
In the case of the Development awards, the top five scoring developments in each category will be short-listed. A 3-5 person team will then visit each of the short-listed developments. A face-to-face meeting with project senior executives and a site inspection will be undertaken, after which the judges will meet privately to discuss the merits of each development, with a representative of BDO Richfield Advisory Limited present. After all short-listed entrants have been visited, the judges will together decide upon the winner and submit to BDO Richfield Advisory Limited. There will be separate teams for judging developments in Bangkok, Phuket, Eastern Seaboard, Samui and Hua Hin, and the judges will use local knowledge as well as information from the site visit and entry form in their decision-making. The 3-5 person team will be announced once entries have been completed and submitted.
In the case of the Green Development Award, up to the two highest scoring entries from each of Bangkok, Phuket, Eastern Seaboard, Samui and Hua Hin will be visited by their respective local judging team in the same way as above. Final scores for each will be submitted direct to BDO Richfield Advisory Limited, and the development with the highest score will be the winner.
A major development for the 2008 awards is the inclusion of site visits in the judging process for the Development awards, and the engagement of BDO Richfield Advisory Limited – a member of the BDO global network – to supervise the entire nomination, entry and judging process and ensure all is fair and transparent.
The award winners will be announced at a lavish gala dinner on 15th November at the Conrad Hotel in Bangkok.