PropertyGuru Partners with Shwe Property for Myanmar Property Awards

May 26, 2020
Share this Post: 

In an interesting move, Singapore based portal company PopertyGuru has teamed up with Myanmar market-leading portal Shwe Property to put together an awards ceremony for the country’s developers. Although PropertyGuru does not operate a portal in Myanmar it has been running awards ceremonies for the developer market in the country for 6 years and also holds developer awards in several other Asian countries in which it does not have a portal presence.

This year’s ceremony, to be held on the 23rd of October, sees the PropertyGuru organisers teamed up with Shwe Property who are the big-name property portal in the country. This year there will be some new categories up for grabs which developers will have their eyes on:

  • Best Luxury Condo Development

  • Best Affordable Condo Development 

  • Best Affordable Housing Development

In a recent vodcast interview with Simon Baker, PropertyGuru CEO Hari Krishnan explained that the awards ceremonies are a great way to get the bosses of family-run development companies, who might normally be quite aloof, to come and talk business. 

The partnership between two portal companies in the region is strategically an intriguing move. Although the two companies do not compete in the Myanmar market, collaboration between portals from different countries is a rarity. Certainly, the partnership seems to be mutually beneficial, with Shwe Property CEO, Justin Sway saying:

“By pooling our resources and market expertise together, we have strengthened our collective platform recognising developers in Myanmar to bolster the reach of their businesses and spread awareness of their brands both locally via Shwe Property and internationally via PropertyGuru Asia Property Awards’ network and marks of excellence.”

May 26, 2020
Since March 2020 Edmund's job has been to read about, write about, collect data on, analyse and generally know about real estate marketplaces and the companies that run them. Before that he worked at the aggregator Mitula Group (which became Lifull Connect) for five years.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Blank 705 X 430 5
Immowelt's German Parent Company Rebranded to 'AVIV Germany'

The local parent company of the German real estate portal Immowelt has changed its name to 'AVIV Germany'. Immowelt is...

Read More
Untitled Design 15
REA Group Sees Strong Domestic Growth in HY1 Results

The Australian real estate marketplace operator REA Group has released its results for the first half of its 2024 financial...

Read More
Buyrentkenya Nairobi Skyline
BuyRentKenya Partners with Insurance Specialist mTek-Services

BuyRentKenya, a market-leading portal in Kenya, has unveiled a strategic collaboration with mTek-Services, an insurtech firm specializing in digital online...

Read More
Untitled Design 14
Yandex Divests Russian Assets for $5.2 Billion

Yandex N.V., the Dutch parent company of the Yandex group, has announced a definitive agreement to divest all of its...

Read More