Malaysia’s finest developers of the year were celebrated at the sixth annual edition of the PropertyGuru Asia Property Awards (Malaysia), presented by global brand Kohler, in a landmark ceremony held at the historic Majestic Hotel in Kuala Lumpur recently.
MRCB Land earned its first-ever Best Developer win, besting some of the country’s biggest real estate companies.
“A pioneer in transit-oriented development, MRCB Land has time and time again incorporated the best amenities for its projects to drive continuous and sustainable growth. In the last five decades, MRCB Land has also dedicated its resources for various philanthropic, charitable and Corporate Social Responsibility (CSR) initiatives to give back to local communities,” said the independent panel of judges.
Aside from receiving the year’s highest award, MRCB Land also earned the gongs for Best Mixed Use Development and Best High End Condo/Apartment Development (Klang Valley) for its 9 Seputeh properties, plus the Special Recognition for Building Communities and in CSR.
JKG Land Berhad was named Best Boutique Developer, earning the accolade mainly for its work on the urban green project The ERA @ Duta North, which won the Best Mid End Condo/Apartment Development (Klang Valley) award.
Among the big winners at the exclusive gala event were township developer Matrix Concepts Group, which collected the Special Recognition for Industrial/Logistic Development; Venus Assets Sdn Bhd, the team behind the mixed-use Four Seasons Place, Kuala Lumpur; and ‘Best of Malaysia’ winners Astaka Padu Sdn Bhd and Gamuda Land. Two former Best Developer titleholders, LBS Bina Group Bhd (2018) and Tropicana Corporation Berhad (2017) also returned to the competition as Development winners.
The event also saw 28 award categories conferred to honour the Malaysian real estate sector’s most active and fast-growing niche segments, including Industrial/Logistic development. Around 500 senior industry figures and members of the press attended the gala ceremony, which was the biggest yet hosted in Kuala Lumpur by PropertyGuru. Tuan Hizwan, the Political Secretary to the Malaysian Minister of Housing and Local Government, H.E. Zuraida Kamaruddin, attended the gala dinner to support the shortlisted developers.
Hari V. Krishnan, Chief Executive Officer of PropertyGuru Group congratulated the Winners and Highly Commended companies at our biggest and most successful gala event to date in Malaysia.
“It is our privilege to align with pioneers and industry leaders who are dedicated to building communities and contributing to a more sustainable future for Malaysian real estate consumers.”
Meanwhile, Jules Kay, the new business director of PropertyGuru Asia Property Awards, said, “The property market in Malaysia has become increasingly diverse and dynamic. Developers are quick to adapt to domestic demand – and Malaysia also maintains a welcoming approach to international buyers and investors. Smart investment, intelligent designs and varied multi-sector projects ensure that Malaysia continues to benefit from its stable economy and strategic location in what has become the world’s most prosperous region.”
The country’s most respected real estate honours, the PropertyGuru Asia Property Awards (Malaysia) programme is highly regarded for its fair, transparent and credible judging system, which is supervised by the award-winning team of BDO, one of the world’s largest networks of accounting and auditing firms.
An independent judging panel deliberated on eligible nominees and conducted site inspections, chaired by returning head judge Prem Kumar, Executive Director of Jones Lang Wootton. Yang Amat Mulia Tunku Besar Seri Menanti, Tunku Ali Redhauddin ibni Tuanku Muhriz was the Honourary President of the panel.
They were joined on the esteemed panel by respected industry experts: Ar. Mustapha Kamal Zulkarnain, Founder and Principal, Arkitek Mustapha Kamal; Blaine Robert, Creative Director/CEO, Blaine Robert Design Sdn. Bhd. and Blaine Robert Lifestyle Sdn. Bhd; Boon Che Wee, Director, GRA Architects; Chris Tia, Principal, Tia & Noordin; Datuk Ar Hj Saiful Anuar Abdul Aziz, Principal, Arte Axis Design Group; Dr. Daniele Gambero, CEO, REI Group of Companies; Ir. Dr. Zulhkiple A Bakar, Managing Director, Perunding ZNA; Sr Low Han Hoe, Senior Manager, Investment, Nawawi Tie Leung Real Estate Consultants Sdn Bhd; and Tan Hui Yin, Partner of Tan Chap & Associates.
Site inspection judging teams were led in North Malaysia by Miichael Yeoh, CEO & Founder, GM Training Academy PLT; and South Malaysia by Dr. Edward Subramanian A/L Gopalan, Principal, City Appraisal Consultant. The supervising team is led by Rejeesh Balasubramaniam, Partner, Audit, BDO PLT; H’ng Hock Seng, Principal, Audit, BDO PLT; and Lu Yan Fen, Director, Audit, BDO PLT.
The 2019 PropertyGuru Asia Property Awards (Malaysia) was supported by platinum sponsor Kohler; gold sponsor Hitachi Elevators & Escalators; silver sponsor Regus Malaysia; official portal partner PropertyGuru.com.my, Malaysia’s leading property site; official magazine PropertyGuru Property Report; official supplier CornerStone; media partners binaTECH and Top 10 of Malaysia; official supervisor BDO; and associate partner REHDA Institute.