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Updated on: May 10, 2024, 4:12 a.m.
Published on: May 10, 2024, 1:32 a.m.

Cambodia Real Estate Awards 2024: Celebrating Excellence in the Industry at Sofitel Hotel


Phnom Penh, Cambodia - May 9, 2024: The real estate industry's finest gathered at the Sofitel Phnom Penh Phokeethra on the evening of Wednesday, May 8th to celebrate the achievements of outstanding individuals and companies in the industry.

The prestigious event is organised 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.

Tom O'Sullivan, CEO of Realestate.com.kh opened the evening with a keynote speech emphasising the crucial roles of professionalism, transparency, and trust-building in bolstering buyer confidence and sustaining international investment.

During the evening, Realestate.com.kh launched its latest initiative, Connect, a platform designed to unify the entire industry. Connect aims to promote Cambodia and its real estate sector globally while enabling efficient and transparent transactions through one integrated platform.

The event was graced by over 300 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 were awarded the iconic trophy, prestigious CREA seal, and gold plaques to confirm their company's success.

The top Developer of the Year awards included the winner of the overall Developer of the Year, Overseas Cambodia Investment Corporation (OCIC), while Time Square projects’ developer MegaKim World Corporation won the Best Condominium Developer of the Year.

The top development of the year winners included Canopy Sands Development, 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 Williams won the Best Landed Property Development of the Year, and Connexion, a multiple award winner, won Lifestyle Development of the Year.

Mean Chey Residences, Picasso City Garden, Sophea Suites, Prince Happiness Plaza, Borey Amory, Diamond Bay Garden, and Time Square 6 were some of the other notable winners from the developer categories.

Asia Real Estate Cambodia (ARC) and WH Living and Properties rounded out the agency awards for the evening.

In a post-awards interview, Tom O'Sullivan, CEO of Realestate.com.kh, expressed his gratitude to the judging panel and emphasised the success of the 2024 awards. He remarked, "While the industry faces challenges, it's crucial for us to unite and reinforce our commitment to sustainable and transparent growth." O'Sullivan also extended thanks to all the sponsors, including Hanuman Beer, Port City Colombo, B2B Cambodia, DFDL Cambodia, The Room Architecture & Design, Over Under, GAC Motor Cambodia, TDB Projects, Khmer Times and other contributors who made the night a success.

Complete list of winners

Developer winners 

Developer of the Year - Overseas Cambodia Investment Corporation (OCIC)

Condominium Developer of the Year - MegaKim World Corporation (Time Square 6)

Borey (Landed Property) Developer of the Year - Overseas Cambodia Investment Corporation (OCIC)

Lifestyle Developer of the Year - Bay of Lights Entertainment

Development winners 

Development of the Year - Canopy Sands Development - Sihanoukville

Condominium Development of the Year - LE CONDÉ BKK1

Township Development of the Year - Canopy Sands Development  

Mixed-Use Development of the Year - Prince Happiness Plaza

Borey (Landed Property) Development of the Year - Borey Williams 

Affordable Condominium Development of the Year - Time Square 6

Premium Condominium Development of the Year - LE CONDÉ BKK1

Luxury Condominium Development of the Year - Picasso City Garden

Waterfront Development of the Year - Diamond Bay Garden

Retail Development of the Year - Connexion

Premium Condominium Unit Design of the Year - Diamond Bay Garden

Residential Design of the Year (Interior) - Sophea Suites

Lifestyle Development of the Year - Connexion

Development of the Year – Eastern Phnom Penh - Borey Amory

Development of the Year – Western Phnom Penh - Borey Williams

Development of the Year – Southern Phnom Penh - Mean Chey Residences

Boutique Housing Development of the Year - The Future 30

Community Mall of the Year - Mean Chey Avenue 

Sustainable Development of the Year - Connexion 

Agency winners

Property Management Firm of the Year - Residential - WH Living & Properties 

Agency - Research / Valuation Firm of the Year - Asia Real Estate Cambodia (ARC)

Realestate.com.kh Co-Broke Agency of the Year - Vanguard Investment And Consultancy Services & Botra Real Estate 

Realestate.com.kh Co-Broke Agent of the Year (Individual) - Ms. Sisowath Nearyroth

&  Mr. Peng Khomsong

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