Crown Group’s CEO Iwan Sunito (pictured) was named the 2015 Property Person of the Year at a prestigious industry event held in Sydney last night.
More than 350 dignitaries, past winners and guests attended the ceremony, which was hosted by Urban Taskforce Australia.
At 49, Sunito is the youngest recipient of the accolade. Born in Indonesia, he spent his childhood on the island of Borneo before migrating to Australia to study architecture at the University of New South Wales (UNSW). He co-founded Crown Group with business partner Paul Sathio in 1996.
Today, the company is considered one of the leading developers of high-end apartments in Sydney with a portfolio of projects amounting to more than A$4.5 billion.
“I am immensely honoured to receive this award,” Sunito said.
“This award pays tribute to the efforts and hard work of our whole team and could not have been achieved without my business partner Paul Sathio.
“It is an acknowledgement of many years of commitment to innovative design and quality in everything we do. Our philosophy is not ‘bigger first then better’ but rather ‘better first and bigger will follow’,” he added.
In August this year, the developer sold more than A$380 million worth of apartments in one day at the launch of its latest development, Infinity by Crown Group, located in Green Square.
Other major projects under construction include the 20-storey Skye by Crown Group in North Sydney and a 25-storey residential tower at Clarence Street, in the heart of Sydney’s central business district.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg