Group photo of the winners at the third annual South East Asia Property Awards (Malaysia) 2016.
Township builder Sime Darby Property was the big winner at the 2016 South East Asia Property Awards (Malaysia), picking up the Best Developer prize and sharing Special Recognition in Sustainable Development with Johor-based UM Land, which won three awards this year.
Three winners received the Special Recognition in Corporate Social Responsibility: LBS Bina Group Berhad, Mah Sing Group and Matrix Concepts Holdings Berhad.
And for the first time in the programme’s three-year history, a Best Boutique Developer category was introduced, with the award going to MitraLand Group for its Kiara 1888 and Cascades projects in Kuala Lumpur.
In addition, MitraLand’s founder and Group CEO Chuah Theong Yee received the special, non-compete Real Estate Personality of the Year award from the editors of Property Report magazine, the official media partner of the Awards.
Other winners included BRDB Developments, which nabbed multiple awards for its Serai Bukit Bandaraya project in Kuala Lumpur, and two-time winner Medini 10 by Medini Iskandar Malaysia, which earned the Best Commercial Development and Best Commercial Development (Malaysia) awards.
Some 300 guests attended the gala dinner at the InterContinental Kuala Lumpur on Thursday (11 August), which was presented by Hansgrohe and organised by PropertyGuru Group. In total, 19 awards were given out.
Only the winners qualify for the regional grand finals of the South East Asia Property Awards 2016 in Singapore this November.
“The annual South East Asia Property Awards (Malaysia) 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,” said Prem Kumar, Executive Director of Jones Lang Wootton, and Chairman of this year’s judging panel.
The judges comprised various experts in real estate development, management, architecture and design. Over the last six months, they worked under the supervision of accountancy and auditing firm BDO, to deliberate on the eligibility and quality of nominations.
Kumar noted that the long-term growth of Malaysian property will not be hampered by the temporary market slowdown, especially in view of government policies that have encouraged growth of the sector as one of the key contributors to Malaysia’s economy.
To see the complete list of winners and highly commended entries for 2016, go to: bit.ly/2aQnCR7
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
