Philippines Urban Living Solutions Inc's MyTown Co-living Honored at the International Innovation Awards 2019 in Singapore

December, 17/2019 - 08:37
Philippines Urban Living Solutions Inc's MyTown Co-living Honored at the International Innovation Awards 2019 in Singapore

SINGAPORE - Media OutReach - 17 December 2019 - Enterprise Asia announced the winners of the International Innovation Awards 2019 in Singapore. Thirty-five products, services and organizations are named as award winners from over 160 submissions.

 

"There are not conventional 'innovations'. When we set out to identify winners of the International Innovation Awards, our goal is to present a broad spectrum of innovations that could spur greater innovation in the recipients' respective countries and industries. Just as innovation itself is continuously self-redefining, the awards are meant to promote continuity in innovation", said Dato' William Ng, president of Enterprise Asia.

 

Among the notable recipients of the InnoCube are AIA Malaysia, Taiwan's HIWIN Technologies Corp., Singapore's Olam International Ltd., Philippines' Unilever, Indonesia's PT MRT Jakarta, and United Arab Emirates' Roads and Transport Authority and Vietnam's Tan Hoang Minh Group.

 

Organized annually by Enterprise Asia, the International Innovation Awards is among the most coveted global awards for innovation and aims to recognize best innovations in the categories of Product, Service & Solution, and Organization & Culture. This year's judging panel include Martin Daffner, founder of Innobrix, Professor Nadia Thalmann of Nanyang Technological University, Professor Natcha Thawesaengskulthai of Chulalongkorn University, Makoto Shibata of FINOLAB, The FinTech Center of Tokyo and Anna Simpson of Flux Compass.

 

"These are the trailblazers of our world. Beyond the obvious commercial value, these innovations are what would power the world forward, individually and collectively. I hope that more companies and organizations would realize that constant innovation is not a luxury, but necessity", says Ng.


About Philippines Urban Living Solutions Inc’s MyTown Co-living

Philippines UrbanLiving Solutions, Inc. (PULS) is a leading owner, developer, and manager ofpurpose-built young professional housing in the Philippines. PULS, establishedin 2012, specializes in the development of rental housing communities under theMyTown brand at walking distance from the central business districts ofMetro Manila, in which young professionals can live, play, and walk to work.PULS takes pride in elevating the lives of the Filipino workforce by providinga new, high quality lifestyle concept and creating savings on transportationtime and cost.


MyTown is one of the first and largestco-living brands in the world, starting in 2012 before "co-living" was a wordin the dictionary. Since then, MyTown has disrupted the market by creating anew real estate asset class that improves living conditions for thousands ofhard-working Filipinos every day, provides a staffing solution to hundreds of corporations,and is sustainable and not reliant on any government grants or programs, makingit scalable and truly transformative.


MyTown built and owns 3,300ready-for-occupancy co-living beds to young professionals which it rents out ata cost of only 20-25% of the local minimum wage. It goes beyond accommodationby creating a community through unparalleled amenities such as co- workingspaces, lap pools, gyms, boxing rings, karaoke rooms, cinemas, daily mealplans, tenant events and workshops, an engaging and convenient MyTown Mobilesmartphone application, and plenty of common areas for tenants to mingle, work,study, and relax.

MyTown is sustainably addressing a socialissue by providing high quality housing to 3,300 tenants, elevating thework-life balance to thousands of young professionals daily. Developing thefirst truly demand-driven real estate asset class in the Philippines by havingthe outcome of large-scale, in-depth surveys and sit- down interviews determineform and function.


Itis also continuing to innovate in its space by developing the first co-livingsmartphone app that connects tenants with each other and with staff, andautomates many processes, and building the Philippines' first "zero commute"development, where living, working and entertainment are all present for youngprofessionals in the same building.


Additionally,MyTown ensures a level of corporate governance and building safety and securitythat is unmatched in the industry and passes audit and compliance standards oflarge blue-chip corporations. MyTown is doing its part to limit carbonemissions through its building design, using renewable energy, and by havingthousands of young professionals avoid their daily commutes in high pollutingtransportation modes such as jeepneys and retrofitted buses by living at MyTown.


About Enterprise Asia

Enterprise Asia strives to create an Asia that is rich inentrepreneurship as an engine towards sustainable and progressive economic andsocial development reinforced by its strong pillars of: DemocratizingEntrepreneurship, Institutionalizing Sustainability and Empowering Innovation.


About International Innovation Awards

The International Innovation Awards is an annual regionalrecognition program that recognizes outstanding innovations, and in theprocess, encouraging organizations to continue investing in innovations. Formore information on the International Innovation Awards 2019, please visit www.innovationaward.org


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