Support for TheEdgeProperty.com Malaysia’s Best Managed Property Awards

PETALING JAYA (Jan 6): An official handshake ceremony was held between TheEdgeProperty.com with partners and supporting bodies of the inaugural TheEdgeProperty.com Malaysia’s Best Managed Property Awards 2017 on Jan 3.

The Awards aims to raise the bar on Malaysian property management while benchmarking against the best-in-class practices globally.

Partners for the Awards organised by TheEdgeProperty.com are Nippon Paint Malaysia and Panasonic Malaysia. Present at the ceremony were Nippon Paint Malaysia managing director Yaw Seng Heng and Panasonic Malaysia managing director Cheng Chee Chung.

Submission of entries are now open until Jan 16. The Awards is supported by the Malaysian Institute of Professional Property Managers (MIPPM), Building Managers Association of Malaysia (BMAM), Malaysian REIT Managers Association (MRMA) and The Edge Malaysia. They were represented at the handshake event by MIPPM vice-president Professor Ting Kien Hwa, BMAM president Tan Sri Eddy Chen, MRMA chairman Datuk Jeffrey Ng and The Edge Malaysia City & Country editor Rosalynn Poh.

“Over the past 10 years, we have definitely seen an improvement in the overall management of properties in Malaysia but we still have much room for improvement. With this Awards, we can educate building managers and residents on the importance of a well-managed building,” said Nippon Paint’s Yaw at the event.

He added that it is good that all the relevant parties in the industry have come together to make this Awards a reality.

Meanwhile, Panasonic’s managing director Cheng noted that this Awards is a good start in efforts to educate the public on what it means to have a well-managed property and the rewards they can reap from it.

He added that he expects the Awards to evolve with time considering the varied aspects of different property types.

“For example, in a landed property, the bulk of the maintenance fees paid probably goes to the security aspects. Whereas in a non-landed property, we have other factors to consider such as indoor air quality and energy efficiency,” said Cheng.

TheEdgeProperty.com managing director and editor-in-chief Au Foong Yee thanked all partners and supporters of the Awards.

“This is no cookie-cutter award. The judging process can be expected to demand for a lot of scrutiny and deliberation.

“Considerations such as the age of a building or project will be taken into account in the award of marks. This is in line with the Awards’ objective of encouraging the adoption of the best practice in property management for real estate of all ages, types and price points,” she said.

There are three categories of Awards — residential, commercial and mixed developments. Entries are open to all stratified and non-stratified buildings, managed in-house or by property managers.

Nippon Paint Malaysia is giving a RM500 paint voucher for each submission and a RM10,000 paint voucher to each winner. The winners will be announced in April 2017.

Visit www.theedgeproperty.com or call (03) 7721 8289 for more information on the Awards.

This story first appeared in TheEdgeProperty.com pullout on Jan 6, 2017, which comes with The Edge Financial Daily every Friday. Download TheEdgeProperty.com pullout here for free.