THE AWARDS MAKE HISTORY, HONOURING REAL ESTATE ACHIEVEMENTS IN THE MIDDLE EAST FOR THE FIRST TIME, AND AGAIN RECOGNISING DEVELOPERS IN INDIA AND SRI LANKAPropertyGuru Group, Southeast Asia’s leading property technology company, announced the winners of its real estate awards during the exclusive International LuncheonBANGKOK, Dec 18, 2024 - (ACN Newswire via SeaPRwire.com) - PropertyGuru Group, Southeast Asia’s leading property technology company, today announced the winners of its real estate awards in the Middle East and South Asia during the exclusive International Luncheon at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.The inaugural PropertyGuru Asia Property Awards (Middle East) recognised exemplary real estate achievements across the growing region. Dominating this milestone edition of the awards, Oud Real-Estate Development Company won the coveted Best Mixed Use Developer (KSA) title as well as the Best Retail Office Development (KSA) and Best Retail Office Interior Design (KSA) awards for its project, The North Yard.Oud Real-Estate Development Company, PropertyGuru Asia Property Awards (Grand Final) 2024Oud Real-Estate Development Company later won Best Mixed Use Developer (Asia) at the 19th PropertyGuru Asia Property Awards Grand Final, held on the same day at The Athenee Hotel, a Luxury Collection Hotel, Bangkok. This marked Saudi Arabia’s debut at the Grand Final, also known as the finale of the annual PropertyGuru Asia Property Awards series.The PropertyGuru Asia Property Awards (India) and PropertyGuru Asia Property Awards (Sri Lanka) this year returned for their fifth editions, celebrating great projects and industry leaders across South Asia.Signature Global (India) Limited, PropertyGuru Asia Property Awards (India) 2024In India, Signature Global (India) Limited claimed its first Best Developer award, alongside a Best Green Development award for Signature Global Titanium SPR. By the Waters by Suryam Developers LLP was recognised as Best Waterview Housing Development.By The Waters by Suryam Developers LLP, PropertyGuru Asia Property Awards (Grand Final) 2024 By the Waters went on to win Best Waterfront Housing / Landed Development (Asia) for Suryam Developers LLP at the Grand Final.Home Lands Skyline (Pvt) Ltd, PropertyGuru Asia Property Awards (Sri Lanka) 2024In Sri Lanka, Home Lands Skyline (Pvt) Ltd achieved its first Best Developer title, with additional honours for its projects: Best Luxury Condo Development (Colombo) for Waterdale Residencies, bordering Colombo 7, and Best Waterfront Condo Development for Oceana Beach Resort Apartments & Villas – Wadduwa.Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The Middle East has entered an era of remarkable growth, marked by investments in megaprojects and equally impressive smaller-scale developments, all driven by visionary government initiatives, economic diversification, and strong fundamentals. It’s truly a privilege to expand the PropertyGuru Asia Property Awards for the first time to this part of the world. With these awards, we recognise the region’s world-class projects ranging from mixed-use developments to high-calibre commercial spaces. We're proud to have introduced these benchmarks of excellence in the Middle East, marking the beginning of our contribution to this region's progress and success.”Ajai A Kapoor, chairperson of the Awards in India, said: “These accolades inspire continued excellence in India, a booming real estate market fuelled by a solid economic foundation, resulting in rising demand and active development, across residential and commercial projects. The expanding diversity of the Indian property market is equally exciting, offering consumers a wide range of options, from eco-friendly designs to luxury homes with world-class amenities and breathtaking views. Congratulations to all our awardees in India.”Dr. Nirmal De Silva, chairperson of the Awards in Sri Lanka, said: “Sri Lanka has experienced remarkable transformations in recent years, complemented by a real estate market that continues to attract international property seekers. The return of the Awards this year highlights this progress, showcasing luxurious villas and homes across the island, from Colombo to emerging cities, fuelled by significant infrastructure developments, including ports and airports. Congratulations to all the winners of this year’s awards.”The panel of judges in the Middle East consists of Stephen Oehme, director, Quantum Analysis Pte Ltd Singapore, and James A. Kaplan, CEO, Destination Capital Company Limited. Ajai A Kapoor, CEO of 360 degrees – Real Estate Services, and Madhav Raman, co-founder of Anagram Architects, comprise the panel of judges in India while Dr. Nirmal De Silva, director and CEO of Paramount Realty, leads the judging process in Sri Lanka.The judges lead a transparent, fair, and credible selection process under the supervision of HLB. The official supervisor is part of the “2024 Network of the Year” winner HLB International, the global network of independent professional accounting firms and business advisers.Organised by PropertyGuru Group, the 2024 editions of the Awards in the Middle East, India, and Sri Lanka are supported by official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: asiapropertyawards.com.COMPLETE LIST OF WINNERS2024 PropertyGuru Asia Property Awards (Middle East)DEVELOPER AWARDBest Mixed Use Developer (KSA)WINNER: Oud Real-Estate Development CompanyDEVELOPMENT AWARDBest Retail Office Development (KSA)WINNER: The North Yard by Oud Real-Estate Development CompanyDESIGN AWARDSBest Retail Office Interior Design (KSA)WINNER: The North Yard by Oud Real-Estate Development Company2024 PropertyGuru Asia Property Awards (India)DEVELOPER AWARDBest DeveloperWINNER: Signature Global (India) LimitedDEVELOPMENT AWARDSBest Waterview Housing DevelopmentWINNER: By the Waters by Suryam Developers LLPBest Green DevelopmentWINNER: Signature Global Titanium SPR by Signature Global (India) Limited2024 PropertyGuru Asia Property Awards (Sri Lanka)DEVELOPER AWARDBest DeveloperWINNER: Home Lands Skyline (Pvt) LtdDEVELOPMENT AWARDSBest Luxury Condo Development (Colombo)WINNER: Waterdale Residencies, bordering Colombo 7 by Home Lands Skyline (Pvt) LtdBest Waterfront Condo DevelopmentWINNER: Oceana Beach Resort Apartments & Villas - Wadduwa by Home Lands Skyline (Pvt) LtdAbout PropertyGuru’s Asia Property AwardsPropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024. For more information, please visit AsiaPropertyAwards.comAbout PropertyGuru GroupPropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn1Based on SimilarWeb data between October 2023 and March 2024. 2Based on Google Analytics data between October 2023 and March 2024. 3Based on data between January 2024 and March 2024. 4Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Piyachanok Raungpaka, Media Relations & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.com Sales & Nominations:Monika Singh, Solutions ManagerM: +66 87 677 4812E: monika@propertyguru.com Priyamani Srimokla, Account ManagerM: +66 85 440 1655E: priya@propertyguru.com Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Dec 20, 2024 - (ACN Newswire via SeaPRwire.com) - How 2 Design announces its comprehensive design and renovation services, offering HDB homeowners integrated, end-to-end solutions under one roof.Renovating an HDB home often involves significant stress and frustration due to the challenges of coordinating with multiple vendors, leading to disjointed communication, inconsistent quality, and accountability gaps. How 2 Design, a leading renovation contractor with over 12 years of experience, addresses these common challenges by offering a comprehensive package that combines interior design with a full suite of renovation services. By managing every aspect of the process in-house–from carpentry to electrical work and beyond–How 2 Design ensures a seamless, stress-free experience for homeowners.Founded 12 years ago, How 2 Design was born from Timothy Poh's firsthand experiences in the renovation industry as a subcontractor. Having witnessed the hardships and limitations that subcontractors faced, he aspired to create a company that would serve homeowners directly, bringing a commitment to quality, transparency, and teamwork to every project.Timothy's extensive experience as a project manager and his wife Fibi's eye for design and aesthetic detail form the backbone of How 2 Design. Together, they've created a team culture that prioritizes collaboration, transparency, and delivering exceptional results for homeowners. This foundation has enabled How 2 Design to build nearly 100% in-house capability for all major renovation work, ensuring consistent quality and control over every project.Today, How 2 Design proudly offers nearly 100% in-house capability for all major renovation work, allowing them to maintain consistent quality and control over every project. This is made possible by their dedicated team, led by key figures who excel in their respective areas:Angie Ng, Indoor Sales ManagerPrasath, Outdoor Senior SalesKen Ang, Design Team LeadBikash, Project Team LeadHongji, Carpentry Team LeadAbdullah Fa, Tiling Team LeadIn-house expertise for end-to-end renovation solutionsUnlike traditional renovation models, which often involve the hassle of coordinating separate contractors and designers, How 2 Design manages every aspect of the renovation process under one roof. By offering integrated interior design and construction services, How 2 Design ensures a seamless blend of style and functionality throughout the project. Timothy's extensive experience as a project manager and his time as a subcontractor shaped his ability to develop robust SOPs that guide How 2 Design's team. These SOPs ensure every project is executed with precision, accountability, and consistency. For homeowners, this means a smooth renovation journey with clear communication, minimized stress, and results that align perfectly with their vision.The How 2 Design approach integrates both design and construction under one roof, setting them apart from firms that rely on third-party designers or subcontractors. Their direct involvement in all phases of the renovation ensures cost efficiency, seamless integration of design and function, and a single point of accountability throughout the project.Delivering the same dedication to every projectWhether it's a larger commercial property or a small HDB flat, How 2 Design brings the same level of dedication and attention to detail. Their success in managing a high-stakes commercial renovation demonstrates their ability to handle projects of any scale with professionalism and precision, making them a trusted partner for homeowners and businesses alike.Solving HDB renovation challenges the How 2 Design wayHow 2 Design has built a reputation for stepping in when homeowners need them most. One notable example involved clients who were left in distress after being cheated by other contractors. Facing incomplete projects and mounting stress, these homeowners turned to How 2 Design for help.Leveraging their nearly 100% in-house capabilities, the How 2 Design team quickly assessed the situation, made critical on-the-spot decisions, and expedited the renovation process. Their efficient coordination and hands-on approach allowed the homeowners to remain living in their flats while the renovation continued. With the ability to make quick decisions and execute work swiftly, How 2 Design not only completed the projects within the new timeline but also restored the homeowners' trust and peace of mind.While How 2 Design excels at rescuing distressed projects, they also bring the same level of dedication and attention to detail to everyday renovation needs. For instance, a homeowner seeking a custom-built wardrobe turned to How 2 Design for their expertise in carpentry. The project required on-site fabrication, a task the team handled with precision and care. To protect the homeowner's furniture, they provided extra-large plastic covers and ensured minimal disruption during installation.When a minor issue arose with the drawers hitting the door, the team quickly improvised and adjusted the design on-site to resolve the problem. They worked efficiently while maintaining high standards of cleanliness, leaving the space spotless after completing the installation. The project resulted in a beautifully crafted wardrobe that exceeded expectations, demonstrating the company's dedication to quality and personalized service.The How 2 Design promise: Quality, control, and accountabilityAt How 2 Design, quality control and accountability are not just promises–they're foundational values set by Timothy and Fibi to guide every project. This commitment means homeowners are kept informed at every stage, with clear communication and a team that treats each project with the same care as they would their own home.Bringing dream home to life, hassle-freeHow 2 Design offers HDB homeowners a better renovation experience by eliminating the common challenges of working with separate vendors. Their in-house, all-in-one approach ensures clear communication, streamlined processes, and consistent quality throughout every stage of the project. With their proven expertise and commitment to excellence, they bring every homeowner's vision to life with ease and confidence.With over 1,000 projects completed to date, How 2 Design brings proven expertise to every renovation. Ready to transform your HDB space? Contact them today for a seamless, stress-free renovation with expert design and construction under one roof. For more info, please call Phone: +65 67440015Media ContactBrand: How 2 DesignContact: Media TeamWebsite: https://www.how2design4u.com/ Copyright 2024 ACN Newswire via SeaPRwire.com.

Dhaka, Bangladesh, Dec 23, 2024 - (ACN Newswire via SeaPRwire.com) - Summit Group, Bangladesh’s largest private sector power generation company, has issued clarifications in response to a recent draft of a government White Paper, and said it welcomes transparency and remains committed to the highest levels of corporate governance and corporate social responsibility (“CSR”) in the country.Bangladesh media have reported widely on a draft of the ‘White Paper on the State of the Bangladesh Economy’ released in recent weeks by the interim government led by the Honourable Chief Adviser Dr. Muhammad Yunus. The document said Bangladesh’s power and energy sector faced challenges such as excess capacity, dependence on imports of gas and under-development of domestic natural gas resources.Summit Power International Limited (“SPIL”), the Singapore-registered parent of Summit Corporation Limited (“SCL”) – the leading foreign direct investor in Bangladesh’s power sector – has responded to statements in White Paper which referred to SCL’s assets or subsidiaries.1) The draft White Paper referred to Summit Group as being one of the “selected large conglomerates” which enjoyed “exemptions on project income” and “exemption on income arising from power generation”.SPIL said these exemptions cited were part of a broader policy initiative that applied to the entire power and energy sector in the country. “The policy, i.e. Private Sector Power Generation Policy framed in 1996, designed to attract investment and meet Bangladesh’s critical energy needs, encompassed approximately 104 projects. These exemptions were not exclusive to Summit Group but were reflective of a sector-wide strategy to enhance Bangladesh’s energy capacity to ensure sustainable development,” SPIL said.2) The “Other Common Malpractice” section in the White Paper alleged that contract conditions were changed after it was awarded, and singled out the Summit Meghnaghat 335 dual fuel power plant for switching from heavy fuel oil (“HFO”) to high-speed diesel (“HSD”) without changing capacity payment or heat rate as an example.The Bangladesh Petroleum Corporation, the supplier of energy oil, was unable to provide the specified oil under the original agreement and instead reached an understanding with the Bangladesh Power Development Board to supply alternative oil, SPIL said.“In order to maintain operations and fulfil its commitments, Summit Meghnaghat was obliged to accept this change but remains prepared to accept oil in accordance with the original tender conditions,” SPIL said.Through SCL, the Summit Group operates 18 power plants with a combined generation capacity of 2,255MW or approximately 17% of the total installed private power generation capacity in the country of 173 million people.3) The White Paper listed Summit Power Limited among 83 companies listed on the Dhaka Stock Exchange that had been “unfairly excluded” from certain regulatory activities, and said market rigging was endemic in the domestic equity market.“Summit Power Limited has always conducted its affairs with the highest levels of corporate governance. Its Board of Directors comprises eminent and well-respected corporate figures. At no time has the company ever engaged in market rigging,” SPIL said.4) Regarding Bangladesh’s second Floating Storage and Regasification Unit (“FSRU”), which Summit Group operates, the White Paper alleged public funds were misused because Summit supplied LNG at a premium while natural gas reserves were available with the Bangladesh Oil, Gas and Mineral Corporation (“Petrobangla”).SPIL said that Summit’s FSRU was not responsible for the supply of gas and, accordingly, has not imported or supplied any gas to date. The long-term supply contract signed between Summit Oil and Shipping Company Limited and Petrobangla was at the lowest price of all contracts awarded at the time, including for OQ Trading and Excelerate Energy (“Excelerate”). In any event, Summit has not yet imported any gas under the long-term supply contract.Further, Summit’s FSRU did not receive any special exemptions, and its daily tariff/charter rate is lower than that of the Moheshkhali Floating LNG owned by Excelerate, the only other FSRU in Bangladesh. The incentives referenced were part of an industry-wide framework that applies to both Excelerate and Summit’s FSRU projects.“As a responsible corporation with a track record of providing energy and power to Bangladesh, Summit Group has always respected and adhered to the laws of both Bangladesh, where SCL operates, as well as Singapore, where SPIL is domiciled,” SPIL said. “We are dedicated to contributing meaningfully to Bangladesh’s growth and prosperity. Our operations in Bangladesh have consistently adhered to all regulations, and we take pride in upholding the highest standards of integrity and governance,” SPIL said.“Being a dependable partner in nation building, we remain open to dialogue with all stakeholders,” it added. “We invite committee members preparing the White Paper to engage and seek clarification where needed. As a substantial foreign direct investor, the Summit Group has always conducted its affairs in a transparent manner while striving to support the long-term development of Bangladesh,” it added.About Summit Power International Limited (“SPIL”)SPIL is the largest Independent Power Producer (IPP) in Bangladesh, reflecting 17% of the country's total private installed capacity and 7% of the country’s total installed capacity. Summit owns and operates a total of 18 power plants with a combined generation capacity of 2,255MW. It also operates Bangladesh’s second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with daily regasification capacity of 500 million cubic feet.SPIL is a privately-held Singapore-registered company that is 78%-owned by the family of Mr Muhammed Aziz Khan. In 2016 SPIL acquired Bangladesh-registered Summit Corporation Ltd (SCL) in a transaction that was financed primarily by International Finance Corporation, the World Bank’s private sector arm. SCL holds various infrastructure assets in Bangladesh. In 2019, JERA Co., Inc., Japan’s largest power generation company, acquired a 22%-stake in SPIL and remains its second largest shareholder to date.Learn more at: www.summitpowerinternational.com Media ContactWeR1 Consultants Pte LtdWhatsApp (Text): (+65) 9748 0688Email: summit@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.