Winners Of Inaugural Cambodia Real Estate Awards 2018 Announced

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Organisers of the Cambodia Real Estate 2018 (CREA) are proud to reveal the winners of this year’s most prestigious event in Cambodia’s property sector.

The winners were announced and recognized during the Gala Dinner and Awards Ceremony held at Sofitel Phnom Penh on Friday evening. The star-studded gathering, which was broadcasted live on social media, brought together more than 200 industry leaders, high-ranking Government officials, and other VIPs from across the sector.

Leading the pack of winners in the Agency Awards was CBRE, which took home three awards. CBRE, which is one of the leading and largest real estate agencies in Cambodia, was recognized as the Commercial Agency of the Year, Agency of Choice, and Property Management Company of the Year.

For the Individual Awards, there was a different winner for each category. CPL Cambodia won big, with two of its people, Oknha Cheng Kheng and Lok Chumteav Bun Navy, winning the Real Estate Agent of the Year and Sales Agent of the Year Awards, respectively.

“The winners rightly deserve our recognition and accolades for pursuing excellence and setting an example for others to emulate,” said Head Judge, Dr. Sok Siphana.

The 15 award winners were handed the prestigious CREA seal, iconic trophy and a certificate confirming their personal or company achievement.

Realestate.com.kh CEO, Thomas O’Sullivan, said, “The Cambodian real estate industry has experienced tremendous success in the last few years. Many hardworking and dedicated real estate agents have contributed to this success. It is imperative for us to recognize these people, and also the top-performing property agencies, for their achievements and contributions.”

“We wish to thank everyone-our partners, sponsors and all others who have contributed in one way or another to the success of this momentous event. We sincerely hope that this undertaking, which also gave Realestate.com.kh the opportunity to give back to the industry, will lead to a new era of professionalism, competition and excellence in the Cambodia real estate industry,” he added.

Kim Heang, CVEA President, thanked Realestate.com.kh for coming up with the idea and for being the main force behind the inaugural CREA. He also stressed the importance of having similar events in the future.

“As I have said earlier, we need to have more of these events in the future to give value and reward the top performers in the Cambodia real estate industry, at the same time promote the industry and Cambodia to the outside world,” he said.

A first in Cambodia’s history, the CREA was principally organized by Realestate.com.kh, the Kingdom’s leading property portal and marketing agency, with the support of Ministry of Economy and Finance (MEF) and the Cambodian Valuers and Estate Agents Association (CVEA).

The CREA recognize the top performing agents and agencies, and celebrate the milestones of Cambodia’s property industry. The Awards mark the first time that efforts of the Cambodia real estate industry were acclaimed globally and on a wholly objective basis.

To promote professionalism, entries were required to be members of CVEA and registered with the MEF.

Joining Dr. Sok Siphana on the panel of judges are Steven Path, Founder and CEO of leading software firm Pathmazing and President of ICT Federation of Cambodia; Dr. Simon Vancliff, Investment and Development Director at ING Holdings and Vice Chairman of the EuroCham Cambodia Real Estate and Construction Committee; Teng Rithy, Founder and Director of R’Investment Group; and Anthony Galliano, Group Chairman, Cambodian Investment Management.

An online public voting process was also integrated into the CREA, allowing the general public to offer their opinion on which agents and agencies are most deserving of awards.

The CREA are supported by Cheng Fung Investment (main sponsor). Other sponsors included Belt Road Capital Management, Yuetai Group, Aristo, Camhomes, Sky Villa, Le Bassac, NC Max World, Orkide Villa, BRED Bank, Creed Group, The Parkway, PropEase, Gold Zone Media, Crystal Orange Construction, Silk Road Properties, Zenearth, AIMS, DFDL, Pathmazing and realestateCRM.

Media partners included Fresh News, Thmey Thmey, EuroCham, CTN, Khmer Times, KICPAA and BizKhmer.

Complete list of winners

Agency Based Awards:
Regional Agency of the Year

IPS Cambodia (Siem Reap office)

Valuation Company of the Year:

Knight Frank Cambodia

Local Valuation Agency of the Year:

Key Real Estate and Khmer Foundation & Appraisal (KFA)

Property Management Company of the Year:

CBRE Cambodia – Prince Phnom Penh Tower

Commercial Agency of the Year:

CBRE Cambodia

Real Estate Agency of the Year:
(Enterprise – Companies with 16 or more employees)

Cambodia Properties Limited (CPL Cambodia) 

Real Estate Agency of the Year:
(Corporate – Companies with 8 – 15 employees)

South East Asia Property Services (SEAPS Cambodia)

Employer of Choice Award:

Yi Fung Real Estate Cambodia

Agency of Choice Award:

CBRE Cambodia

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Individual Awards:
Best Up and Coming Agent of the Year:

Chanthy Koy – IPS Cambodia (Independent Property Services)

Real Estate Agent of the Year:

Oknha Cheng Kheng – Cambodia Properties Limited (CPL)

Rental Agent of the Year:

Thyda Pov – CBRE Cambodia

Sales Agent of the Year:

Lok Chumteav Bun Navy – Cambodia Properties Limited (CPL)

Valuation Professional of the Year:

Oknha Noun Rithy – Khmer Foundation & Appraisals (KFA)

Agent of Choice Award:

Rithy Seap – Yi Fung Real Estate Cambodia