Real estate exemplars succeed at the 18th PropertyGuru Asia Property Awards Grand Final

BANGKOK, THAILAND, Dec 11, 2023 – (ACN Newswire via SeaPRwire.com) – PropertyGuru Group (NYSE: PGRU) today announced the winners of the 18th Annual PropertyGuru Asia Property Awards Grand Final, presented by Kohler and supported by Dongpeng Ceramic and Subzero Wolf, at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.

Winners from 13 vibrant property markets across Asia competed for the highest marks of excellence in real estate development, construction, architecture, and design at the finale of the 2023 PropertyGuru Asia Property Awards series. More than 50 golden statuettes, accolading the finest developers and projects in the region, were presented at the black-tie gala dinner and presentation ceremony.

GuocoLand won the biggest award of the year, Best Developer (Asia), for the third time in the history of the Awards. It marks one of five regional wins for developers from Singapore, with Frasers Property Singapore winning the Best Mixed Use Developer (Asia) award and UOL Group Limited and Pan Pacific Hotels Group winning the Best Hospitality Developer (Asia) award. UOL Group Limited also won the Best Sustainable Developer (Asia) award while EL Development Pte Ltd won the Best Hospitality Interior Design (Asia) award.

Developers from Indonesia gained eight regional wins, the most of any country. PT Sinar Mitbana Mas garnered the Best Breakthrough Developer (Asia) title, with parent company Sinar Mas Land and subsidiary PT. BSD Diamond Development also receiving regional wins. Various projects by Agung Sedayu Group & Salim Group; Summarecon Agung; and Summarecon Serpong collected regional wins.

The Philippines was represented with seven regional wins, with Aboitiz InfraCapital Economic Estates winning both the Best Industrial Developer (Asia) and Best Industrial Development (Asia) awards. RLC Residences; Robinsons Hotels and Resorts; North Bonifacio Landmark Realty and Development Inc.; Shang Robinsons Properties, Inc.; and Sunshine Fort North Bonifacio Realty Development Corporation received golden statuettes for a wide range of projects.

Developers from Vietnam received six regional wins, led by SonKim Land Corporation, which won both the Best Luxury Developer (Asia) and Best Boutique Mixed Use Development (Asia) awards. Regional winners include ParkCity Group, which won the Best Completed Condo Development (Asia) award.

Andaman Asset Solution won the Best Boutique Developer (Asia) award in one of six regional wins for developers from Thailand. KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) alone earned three regional wins for the kingdom while Rawayana by Phuket9 scored two regional wins.

Salvo was named Best Lifestyle Developer (Asia), one of five regional wins for developers from Australia. Regional winners from the country include projects by Capital Luxury Residences; Monaco Property Group; R.Corporation; and Third.i Group.

Malaysia and Cambodia each gained four regional wins. Perbadanan Kemajuan Negeri Selangor (PKNS) was hailed Best Affordable Homes Developer (Asia), with projects by Eastern & Oriental Berhad; Eupe Corporation Berhad; and Sime Darby Property also representing Malaysia with regional titles. Projects by OCIC Group and RM Commercial Co., Ltd. each clinched a regional win for Cambodia as Sir Stamford Raffles (Cambodia) Co., Ltd. gained two regional wins for the project Marum Estate.

Hanacreek by Apex Property and Aki Niseko by Takuetsu Co., Ltd. represented Greater Niseko as regional winners from the renowned Japanese skiing destination.

The Fullerton Ocean Park Hotel Hong Kong by Sino Land Company Limited and M8 by China Construction Engineering (Macau) Company Limited garnered two regional wins for Hong Kong and Macau. New Bund 31 by Shun Tak Qiantan (Shanghai) Cultural and Real Estate Company Limited was named Best Mixed Use Development (Asia), a regional win for Mainland China.

The Grand Final drew one of the most iconic personalities in the Hong Kong real estate industry. Dr. Allan Zeman, founder and chairman of Lan Kwai Fong Group, came to accept the Icon Award from the editorial team of Property Report by PropertyGuru, the official magazine. 

Dr. Zeman, who won the Real Estate Personality of the Year title in 2015, said: “It is an honour to be awarded the 2023 Icon Award. Lan Kwai Fong has become a great brand in HK and throughout the world. This is very important to us and to our partner.”

Hari V. Krishnan, CEO and managing director of PropertyGuru Group, said: “The culmination of this year’s PropertyGuru Asia Property Awards series is a fitting celebration of the changemakers who are contributing to shaping tomorrow’s cities. From lively capitals to sprawling metropolises and well-planned townships, the future of cities in Asia is in the capable hands of these fine developers, lighting the way for a more sustainable, equitable, and innovative industry in their respective countries. To all the winners – we celebrate your success and look forward to what you create next.”

Jules Kay, GM of PropertyGuru Asia Property Awards and Events, said: “Recognising and awarding excellence in 2023 led us on an insightful journey through the diverse property markets of Asia. Celebrating real estate from the cities of tomorrow, we rediscovered a shared aspiration for quality among developers, buyers, and builders, and a growing commitment to sustainability among residential, commercial, and industrial developers. The finest places to live and work in Asia have become shining examples of quality, clearly showing that this region remains focused on raising development standards, redefining design, and revitalising economies. Congratulations to all the Best in Asia winners as you continue to drive positive change and innovation.”

The regional winners were chosen by an independent jury, composed of the head judges of participating markets in the Awards: Thien Duong, chairperson of the Grand Final and general director, Group GSA (Vietnam); Ajai A Kapoor, CEO, 360 degrees – Real Estate Services (India); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Eddie Guillemette, CEO, Midori no Ki (Greater Niseko); Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022 (Malaysia); Ken Ip, assistant general manager and group head of marketing, B.S.C. Group (Mainland China); Kristin Thorsteins, head of partnership growth for APAC at IWG PLC (Singapore); Lui Violanti, regional manager for Western Australia, Inhabit Group (Australia); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (Hong Kong and Macau); Sorn Seap, executive vice president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, CEO, Sen X Group PCL (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).

HLB, the leading international accounting and advisory �rm, ensured that the selection process was fair and transparent, under the supervision of Paul Ashburn of HLB International Real Estate Group.

Organised by PropertyGuru Group, the 18th PropertyGuru Asia Property Awards Grand Final is supported by platinum sponsor Kohler; silver sponsors Dongpeng Ceramic and Subzero Wolf; official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; official publicity partner Artemis Associates; media partners Bridges, d+a Magazine, Housing.com, Manila Bulletin, Powderlife, and The Manila Times; official beverage partner Fah Mai Holdings; supporting partners REHDA Institute and IFC-EDGE; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

COMPLETE LIST OF WINNERS

18th PropertyGuru Asia Property Awards (Grand Final)

DEVELOPER AWARDS

Best Developer (Asia)    

GuocoLand – Singapore (REGIONAL WINNER)

Apex Property – Greater Niseko

New World China – Mainland China

OCIC Group – Cambodia

Robinsons Land – Philippines

Sinar Mas Land – Indonesia

Sino Land Company Limited – China – Hong Kong and Macau

Best Luxury Developer (Asia)

SonKim Land Corporation – Vietnam (REGIONAL WINNER)

Best Industrial Developer (Asia)    

Aboitiz InfraCapital Economic Estates – Philippines (REGIONAL WINNER)

Best Mixed Use Developer (Asia)   

Frasers Property Singapore – Singapore (REGIONAL WINNER)

Federal Land, Inc. – Philippines

MontAzure – Thailand

Best Lifestyle Developer (Asia)               

Salvo – Australia (REGIONAL WINNER)

Habitat Group Co., Ltd. – Thailand

Hoi Hup Realty Pte Ltd – Singapore

PT. BSD Diamond Development – Indonesia    

RLC Residences – Philippines 

Best Commercial Developer (Asia)

Keppel Vietnam – Vietnam (REGIONAL WINNER)

Paramount Land – Indonesia

TE Capital Partners and LaSalle Investment Management – Singapore

Best Hospitality Developer (Asia)  

UOL Group Limited and Pan Pacific Hotels Group – Singapore (REGIONAL WINNER)

Agung Sedayu Group – Indonesia

Best Sustainable Developer (Asia)         

UOL Group Limited – Singapore (REGIONAL WINNER)

Best Boutique Developer (Asia)              

Andaman Asset Solution – Thailand (REGIONAL WINNER)    

CSI Properties Limited – China – Hong Kong & Macau

Skyland Group – Australia

Best Affordable Homes Developer (Asia)       

Perbadanan Kemajuan Negeri Selangor (PKNS) – Malaysia (REGIONAL WINNER)

Best Breakthrough Developer (Asia)               

PT Sinar Mitbana Mas – Indonesia (REGIONAL WINNER)

Da Vinci Land – Singapore

DEVELOPMENT AWARDS

Best Mega Township Development (Asia)                           

BSD City by Sinar Mas Land – Indonesia (REGIONAL WINNER)

Best Waterfront Township Development (Asia)                           

Golf Island PIK (Kawasan Pantai Maju) & Riverwalk Island PIK (Kawasan Pantai Kita) by Agung Sedayu Group & Salim Group – Indonesia (REGIONAL WINNER)

Best Township Development (Asia)                                

Summarecon Bekasi by Summarecon Agung – Indonesia (REGIONAL WINNER)

Best Mixed Use Development (Asia)                              

New Bund 31 by Shun Tak Qiantan (Shanghai) Cultural and Real Estate Company Limited – Mainland China (REGIONAL WINNER)

Ginza Beachwalk PIK2 by Agung Sedayu Group – Indonesia    

LIMA Central Business District by Aboitiz InfraCapital Economic Estates – Philippines

Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia 

One Bernam by HY-MCC (Bernam) Pte Ltd – Singapore  

Best Boutique Mixed Use Development (Asia)                             

The OpusK – Luxury Boutique Office by SonKim Land Corporation – Vietnam (REGIONAL WINNER)  

Rawayana by Phuket9 – Thailand  

Best Residential Development (Asia)                             

Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia (REGIONAL WINNER) 

Best High Rise Condo Development (Asia)                           

Aurelia Residences by Shang Robinsons Properties, Inc. – Philippines (REGIONAL WINNER)

Diamond Bay Garden by OCIC Group – Cambodia   

Est8 @ Seputeh by Eupe Corporation Berhad – Malaysia

JARDINI by CITIC Pacific Ltd – China – Hong Kong and Macau

Riviere by Frasers Property Quayside Pte Ltd – Singapore

The OpusK Residence by SonKim Land Corporation – Vietnam

Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand     

Zhuhai Huafa Sky Hill Mansion by Zhuhai Huafa Properties Co., Ltd. – Mainland China    

Best Low Rise Condo Development (Asia)                            

Rainbow Springs Condovillas by Summarecon Serpong – Indonesia (REGIONAL WINNER)

Best Boutique Condo Development (Asia)                            

Kurraba Residences by Third.i Group – Australia     (REGIONAL WINNER)

Niseko Kyo by Rooftop RE (Japan) Pte Ltd – Greater Niseko                             

Best Luxury Housing / Landed Development (Asia)                      

Capri by Monaco Property Group – Australia (REGIONAL WINNER)

Layton at NavaPark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land Joint Venture – Indonesia

Park Heritage Pattanakarn by Sammakorn Plus Company Limited – Thailand

Best Housing / Landed Development (Asia)                         

Ilham Residence by Sime Darby Property – Malaysia (REGIONAL WINNER)

Hanaridge by Apex Property – Greater Niseko

Pollen Collection by Bukit Sembawang Estates Limited – Singapore     

Best Waterfront Condo Development (Asia)                         

Diamond Bay Garden by OCIC Group – Cambodia (REGIONAL WINNER)     

Riviere by Frasers Property Quayside Pte Ltd – Singapore

Best Waterfront Residence (Asia)                           

Amorel by Capital Luxury Residences – Australia (REGIONAL WINNER)

Best Connectivity Condo Development (Asia)                       

Green Tower Di An Binh Duong by TBS Land – Vietnam (REGIONAL WINNER)

Glam Residences by SM Development Corporation (SMDC) – Philippines    

Best Completed Condo Development (Asia)                         

Park Kiara, ParkCity Hanoi by ParkCity Group – Vietnam (REGIONAL WINNER)

Seaside Residences by East Vue Pte Ltd – Singapore       

Best Wellness Residential Development (Asia)                             

The Zora by PT. BSD Diamond Development – Indonesia (REGIONAL WINNER)

Bloom Residences by SM Development Corporation (SMDC) – Philippines

Best Smart Building Development (Asia)                         

Knowledge Hub by Sinar Mas Land – Indonesia (REGIONAL WINNER)

Best Smart Home Development (Asia)                            

Woodsville Crest by RLC Residences  – Philippines (REGIONAL WINNER)     

Best Green Development (Asia)                              

Central Market PIK by Agung Sedayu Group and Salim Group, curated by Amantara – Indonesia (REGIONAL WINNER)

LIMA Estate by Aboitiz InfraCapital Economic Estates – Philippines

The Fullerton Ocean Park Hotel Hong Kong by Sino Land Company Limited – China – Hong Kong and Macau

The LakeGarden Residences by Wing Tai Asia – Singapore    

Best Industrial Development (Asia)                                

West Cebu Estate by Aboitiz InfraCapital Economic Estates – Philippines (REGIONAL WINNER)

Bandar Bukit Raja by Sime Darby Property – Malaysia    

CT FoodNEX by Chiu Teng Group – Singapore 

Best Hospitality Development (Asia)                              

The Fullerton Ocean Park Hotel Hong Kong by Sino Land Company Limited – China – Hong Kong and Macau (REGIONAL WINNER)     

Fili Hotel Cebu by Robinsons Hotels and Resorts – Philippines

Pullman Singapore Hill Street by EL Development Pte Ltd – Singapore     

Best Office Development (Asia)                             

KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) – Thailand (REGIONAL WINNER)       

AIA East Gateway by AIA Company Limited. – Thailand  

Embassy Hub Phase 1 by Embassy REIT – India      

GBF Centers 1 & 2 by Robinsons Offices – Philippines      

Best Retail Development (Asia)                             

M8 by China Construction Engineering (Macau) Company Limited – China – Hong Kong and Macau (REGIONAL WINNER)

Mean Chey Avenue by RM Commercial Co., Ltd. – Cambodia

Mitsukoshi BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines

MixC Nanjing by Lead8 – Mainland China

The EmSphere Shopping Complex by The EM District Co., Ltd. – Thailand     

Best Branded Residential Development (Asia)                     

Grand Hyatt Manila Residences South Tower by North Bonifacio Landmark Realty and Development Inc. – Philippines (REGIONAL WINNER)    

DESIGN AWARDS

Best Township Masterplan Design (Asia)               

Andaman by Eastern & Oriental Berhad – Malaysia (REGIONAL WINNER)

Best Mixed Use Architectural Design (Asia)            

Rawayana by Phuket9 – Thailand (REGIONAL WINNER)

ITC Shanghai by Lead8 – Mainland China

The OpusK – Luxury Boutique Office by SonKim Land Corporation – Vietnam

Zia Niseko by Iconic Group – Greater Niseko

Best Condo Architectural Design (Asia)                           

R.Iconic by R.Corporation – Australia (REGIONAL WINNER)

Aura Niseko by Iconic Group – Greater Niseko

Grand Dunman by Grand Dunman Pte. Ltd. – Singapore  

JARDINI by CITIC Pacific Ltd – China – Hong Kong and Macau  

Lentor Modern by GuocoLand – Singapore

The Arles by Centralcon Properties Company Limited – China – Hong Kong and Macau       

The Continuum by Hoi Hup Sunway Katong Pte Ltd – Singapore     

The Grand Midori Ortigas by Federal Land, Inc. – Philippines    

Watten House by UOL Group Limited and Singapore Land Group Limited – Singapore

Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand

Best Housing / Landed Architectural Design (Asia)         

Hanacreek by Apex Property – Greater Niseko (REGIONAL WINNER)

D’Art Hills Residence by PH World – Malaysia

Highland Park Pool Villas Pattaya by Habitat Group Co., Ltd. – Thailand

La Felice Villa Hua Hin by PNP Real Estate Co., Ltd. – Thailand

Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia

Park Heritage Pattanakarn by Sammakorn Plus Company Limited – Thailand

The Prospect Villa by Grand Paradise Villa – Thailand

Best Hospitality Architectural Design (Asia)          

Fili Hotel Cebu by Robinsons Hotels and Resorts – Philippines (REGIONAL WINNER)

Pullman Singapore Hill Street by EL Development Pte Ltd – Singapore

Best Office Architectural Design (Asia)          

KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) – Thailand (REGIONAL WINNER)

Embassy Manyata Block D1 & D2 by Embassy REIT – India

FourE-Com Center by Arquitectonica – Philippines

K11 Atelier 11 SKIES by Lead8 – China – Hong Kong & Macau

Solitaire on Cecil by Solitaire Cecil Pte Ltd (TE Capital Partners and LaSalle Investment Management) – Singapore

Best Retail Architectural Design (Asia)          

Mean Chey Avenue by RM Commercial Co., Ltd. – Cambodia (REGIONAL WINNER)

MixC Nanjing by Lead8 – Mainland China

Best Condo Interior Design (Asia)                            

Est8 @ Seputeh by Eupe Corporation Berhad – Malaysia (REGIONAL WINNER)

350-352 Nathan Road by CSI Properties Limited – China – Hong Kong and Macau

Blossoms By The Park by EL Development Pte Ltd – Singapore

Glam Residences by SM Development Corporation (SMDC) – Philippines

JARDINI by CITIC Pacific Ltd – China – Hong Kong and Macau

Klimt Cairnhill by Low Keng Huat (S) Limited – Singapore

Terra Hill by Hoi Hup Sunway Kent Ridge Pte Ltd – Singapore

Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand

Best Housing / Landed Interior Design (Asia)          

Aki Niseko by Takuetsu Co., Ltd. – Greater Niseko (REGIONAL WINNER)

Jasmia Residence @Summarecon Crown Gading by Summarecon Agung – Indonesia

La Felice Villa Hua Hin by PNP Real Estate Co., Ltd. – Thailand

Best Hospitality Interior Design (Asia)           

Pullman Singapore Hill Street by EL Development Pte Ltd – Singapore (REGIONAL WINNER)

Fili Hotel Cebu by Robinsons Hotels and Resorts – Philippines

Best Office Interior Design (Asia)            

KingBridge Tower by KingBridge Tower Company Limited (Saha Pathana Inter-Holding Public Company Limited) – Thailand (REGIONAL WINNER)

K11 Atelier 11 SKIES by Lead8 – China – Hong Kong & Macau

Best Retail Interior Design (Asia)            

Mitsukoshi BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines (REGIONAL WINNER)

Shanghai Aerospace Science & Technology City by Design Power House (DPH) – Mainland China

Ultimo Niseko by Blue Waves Group – Greater Niseko

Best Condo Landscape Design (Asia)             

Elysian by Gamuda Land – Vietnam (REGIONAL WINNER)

Blossoms By The Park by EL Development Pte Ltd – Singapore

Grand Dunman by Grand Dunman Pte. Ltd. – Singapore

Park Kiara, ParkCity Hanoi by ParkCity Group – Vietnam

Pinetree Hill by UOL Group Limited and Singapore Land Group Limited – Singapore

Watten House by UOL Group Limited and Singapore Land Group Limited – Singapore

Wyndham Grand Residences Wongamat Pattaya by Habitat Group Co., Ltd. – Thailand

Best Housing / Landed Landscape Design (Asia)            

Marum Estate by Sir Stamford Raffles (Cambodia) Co., Ltd. – Cambodia (REGIONAL WINNER)

Barnyard Khaoyai by Sammakorn-JV1 Company Limited – Thailand

Pavara Khiri Collection by Pavara Development Co., Ltd. – Thailand

Best Commercial Landscape Design (Asia)            

Rawayana by Phuket9 – Thailand (REGIONAL WINNER)

PUBLISHER’S CHOICE

Icon Award           

Dr. Allan Zeman, Founder and Chairman, Lan Kwai Fong Group (WINNER)   

 

NOTE: Use of the PropertyGuru Asia Property Awards logo is limited to the publication of this article only.

PROPERTYGURU CONTACTS:

General Enquiries:

Richard Allan Aquino, Head of Brand & Marketing Services

M: +66 92 954 4154

E: allan@propertyguru.com   

Media & Partnerships:

Nate Dacua, Media Relations & Marketing Services Manager

M: +66 92 701 2510

E: nate@propertyguru.com

Sponsorships:

Kanittha Srithongsuk, Regional Manager, Awards Sponsorship

M: +66 93 293 9794

E: kanittha@propertyguru.com

Sales & Nominations:

Udomluk Suwan, Sales Director

M: +66 87 699 4433

E: may@propertyguru.com

 

ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:

PropertyGuru’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 2023, the Awards series is open to more than a dozen 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 2023. 

For more information, please visit AsiaPropertyAwards.com

 

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading(1)PropTech company, and the preferred destination for over 37 million property seekers(2) to connect with almost 59,000 agents monthly(3)to find their dream home. PropertyGuru empowers property seekers with more than 2.9 million real estate listings(4), 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 15 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.comPropertyGuru Group on LinkedIn.

Footnotes & Citation:

1Based on SimilarWeb data between April 2023 and September 2023.

2Based on Google Analytics data between April 2023 and September 2023.

3Based on data between July 2023 and September 2023.

4Based on data between April 2023 and September 2023.

 

Group: Key Statistics as of November 2023

* Property seekers: 37 million

* No. of agents: 59,000

* Real estate listings: 2.9 million

 

Strong Category Leadership Drives Long-Term Growth Opportunities

As of September 30, 2023, PropertyGuru continued its Engagement Market Share*

* Singapore: 83% – 6.2x the closest peer

* Malaysia: 92% – 12.8x the closest peer

* Vietnam: 80% – 4.0x the closest peer

* Thailand: 51% – 1.7x the closest peer

 

*Based on SimilarWeb data between April 2023 and September 2023.

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