Saturday, March 23

Southeast Asia Property Awards names winners

Photo shows the winners of the third annual Southeast Asia Property Awards (Malaysia) 2016, with PropertyGuru Malaysia chairman Tunku Seri Menanti Tunku Ali Redhauddin Tuanku Muhriz.

Photo shows the winners of the third annual Southeast Asia Property Awards (Malaysia) 2016, with PropertyGuru Malaysia chairman Tunku Seri Menanti Tunku Ali Redhauddin Tuanku Muhriz.

KUCHING: This year’s Southeast Asia Property Awards (Malaysia), presented by Hansgrohe and organised by PropertyGuru Group, celebrates the most innovative developers and projects in Malaysian real estate, with emphasis on corporate social responsibilities (CSR) initiatives.

In a statement, Sime Darby Property was awarded the year’s top honour – Best Developer (Malaysia) – for its long-term commitment to developing quality townships, in front of a 300-member audience that included PropertyGuru’s chairman Tunku Seri Menanti Tunku Ali Redhauddin Tuanku Muhriz and deputy minister of the Ministry of International Trade and Industry, Datuk Chua Tee Yong.

“Inheriting its legacy of excellence in plantation, Sime Darby continues its quest in nation-building, from putting food on our table to building roofs over our heads,” the independent judging panel noted.

“Given its significance and constant reinvention, Sime Darby is certainly part of developing Malaysia’s history.”

Another big moment for the conglomerate was when it was announced as one of the two victors – along with triple winner UM Land – in a new category: Special Recognition in Sustainable Development.

The two companies were chosen for their exemplary track record and forward-looking vision in sustainability.

Putting an emphasis on the importance of corporate social responsibility in the property sector, three equally deserving winners were chosen to receive the Special Recognition in CSR: LBS Bina Group Bhd, Mah Sing Group and Matrix Concepts Holdings Bhd.

The judging panel also introduced a Best Boutique Developer category for the first time in the programme’s three-year history. The award went to Mitraland Group for its well-conceptualised, well-designed and well-priced boutique projects such as Kiara 1888 and Cascades.

Mitraland’s delegation was led by its founder and group chief executive officer (CEO), Chuah Theong Yee, who received the prestigious, non-compete Real Estate Personality of the Year award from the editors of Property Report, Asia’s leading luxury real estate, architecture and design magazine, and official media partner of the Awards.

Multiple awards went to the Kuala Lumpur-based green condominium project, Serai, Bukit Bandaraya, KL by BRDB Developments Sdn Bhd.

Aside from clinching the Best Luxury Condo Development (Central Malaysia) trophy, it also collected two Best of the Best honours for BRDB: Best Green Development and Best Residential Development (Malaysia), the latter qualifying them for the regional grand finals of the South East Asia Property Awards 2016 in Singapore this November.

The finals saw two-time winner Medini 10 by Medini Iskandar Malaysia Sdn Bhd, which earned the Best Commercial Development and Best Commercial Development (Malaysia) awards.

Genting Property, one of Malaysia’s leading multinationals, came in with four nods for its outstanding residential developments, Raintree Residences and The Crystal, and winning two awards in development and design for the latter.

“The annual Southeast Asia Property Awards (Malaysia) definitely showcases the year’s best properties and investments, which have gone beyond mere financial gains and specific attributes pertinent to the difference and enhancement it has created in the property industry,” according to 30-year property veteran Prem Kumar, executive director of Jones Lang Wootton, and chairman of this year’s central panel of judges.

He added that the long-term growth of the Malaysian property would not be hampered by a temporary market slowdown, especially in view of government policies that have always encouraged growth of the sector as one of the key contributors to the advancement of the Malaysian economy.