RICS launches landmark award in Southeast Asia

RICS announced the launch of an industry award to recognise and showcase the most outstanding initiatives and developments in the land, construction, real estate and infrastructure sectors in Southeast Asia. The RICS Awards Southeast Asia is the first-of-its-kind platform to promote excellence in professional standards across the entire built environment lifecycle in Southeast Asia—from design & construction to operations & maintenance as well as sustainability impact.

Announcing this at the RICS 150th celebration dinner in Singapore on 5 December 2018, Will Myles, Asia-Pacific managing director, RICS, said “The RICS Awards Southeast Asia exemplify our commitment towards championing industry best practice as well as the highest levels of professionalism and expertise in the built environment. As a leading professional body in its 150th year, we celebrate a profession that has grown tremendously through the years—one which continues to inspire through its contribution to society at large. Such recognition helps to shift the needle and close the infrastructural gap to change lives for the better.”

The RICS Southeast Asia Awards comprises of nine Team Awards and five Individual Awards. The Team Awards span Agency Team of the Year, Building Consultancy & Project Management Team of the Year, Facilities Management Team of the Year, Project Construction Team of the Year, Property Management Team of the Year, Quantity Surveying Team of the Year, Valuation Team of the Year as well as an Innovation Award and Sustainability Award.

The Individual Awards recognise outstanding professionals in the Construction and Property fields, including emerging, exceptional and female talents—Young Achiever of the Year and Lifetime Achiever as well as Woman of the Built Environment. Projects will be assessed on Professionalism, Teamwork, Outcome & Achievement, Innovation and Sustainability.

Pointing out the potential of the Southeast Asian market, Marcus Lim, country manager for SE Asia, RICS, commented, “We see Southeast Asia as a region with great potential. An urban population of over 300 million people (larger than North America) as well as a construction market volume exceeding USD250 billion means that Southeast Asia is not just a compelling market for property, construction, infrastructure and real estate players to focus on, but also a bright spot with promising investment opportunity.”

Visit the RICS SEA Awards for more details. — Construction+ Online