S P Setia is No 1 again in The Edge Malaysia Top Property Developers Awards 2017

KUALA LUMPUR (Oct 30): S P Setia Bhd bagged the top spot in The Edge Malaysia Top Property Developers Awards (TPDA) 2017 for the second consecutive year.

Sunway Bhd is in second place this year. The rest of the top 10 are Sime Darby Property Bhd (No 3), IJM Land Bhd (No 4), Eco World Development Group Bhd (No 5), UOA Development Bhd (No 6), Mah Sing Group Bhd (No 7), IGB Corp and IOI Properties Group Bhd (both No 8), UEM Sunrise Bhd (No 9) and Tropicana Corp Bhd (No 10).

The Edge Malaysia Top Property Developers Awards’ Best in Quantitative Attributes went to IOI Properties Group and S P Setia while the Best in Qualitative Attributes was won by Sunway.

* S P Setia dominates The Edge Malaysia Top Property Developers Awards
* EcoWorld moves up the rankings
* Customer engagement drives UEM Sunrise to success

President of the Malaysia-China Business Council & The Prime Minister’s Special Envoy to China Tan Sri Ong Ka Ting, who was the guest of honour, was awarded The Edge Malaysia Property Excellence Award for his outstanding contribution to the housing industry.

Notably, Ong — who was Housing Minister from 1999-2008 — was the first guest of honour for TPDA, whose first awards luncheon was held in 2004.

The top 10 developer rankings are part of The Edge Malaysia Property Excellence Awards (TEPEA) 2017, which also featured the following categories — The Edge Malaysia-PAM Green Excellence Award, The Edge Malaysia-PEPS Value Creation Excellence Award, The Edge Malaysia Affordable Urban Housing Excellence Award, The Edge Malaysia Outstanding Property CEO Award, The Edge Malaysia Outstanding Property Entrepreneur Award, The Edge Malaysia Property Development Excellence Award, and The Edge Malaysia Pioneer Development Award.

The 15^th TPDA anchors TEPEA 2017, which were presented at a gala dinner tonight at the Grand Hyatt Kuala Lumpur, with more than 450 real estate players and experts in attendance.

In his speech, The Edge Media Group publisher and group CEO Ho Kay Tat noted that the objective of TEPEA is to recognise and celebrate excellence in the real estate industry, starting with the ranking of the country’s top property companies which have shown consistent financial strength and delivered quality products to their customers to be used as a home or as an investment asset.

“We wanted to set a benchmark to guide homebuyers and investors, in the process, we believe it has also become a benchmark for property companies too.

The end result, I believe, is that it has led to the overall improvement of the industry,” he said.

Also at the gala dinner to present the awards was managing director and editor-in-chief of EdgeProp.my Au Foong Yee.

Presented by City & Country, the weekly property pullout of The Edge Malaysia, the awards is supported by EdgeProp.my, the one-stop property portal that offers free property news, data and analytics.

Partners of TEPEA 2017 are Hansgrohe, Jotun Paints Malaysia, USG Boral and Volvo Car Malaysia.

The Edge Malaysia-PAM Green Excellence Award, which was jointly created with Pertubuhan Arkitek Malaysia (PAM), went to Heriot Watt University Putrajaya by Putrajaya Holdings Sdn Bhd, with the revitalisation of Chowrasta Market in Penang by Majlis Bandaraya Pulau Pinang receiving an honorary mention.

Meanwhile, The Edge Malaysia-PEPS Value Creation Excellence Award 2017 winner is Horizon Hills (Phase 2C) by Gamuda Land's Horizon Hills Development Sdn Bhd, while a merit prize went to KU Suites @ Kemuning Utama by Paramount Property Development Sdn Bhd.

This award was created in partnership with the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector (PEPS) to recognise developments that have provided outstanding rewards to their purchasers in terms of capital appreciation.

The Edge Malaysia Affordable Urban Housing Excellence Awards 2017, which honours affordable housing projects for the urban middle-income group undertaken wholly by Malaysian private developers, was awarded to Seri Mutiara Apartment by Bandar Setia Alam Sdn Bhd, a subsidiary of S P Setia, while Bayu Nusantara by Nusajaya Heights Sdn Bhd, a subsidiary of UEM Sunrise, took home the merit prize.

S P Setia Bhd president and CEO Datuk Khor Chap Jen and Sunway Bhd property division for Malaysia and Singapore managing director Sarena Cheah received The Edge Malaysia Outstanding Property CEO Award, which honours CEOs whose leadership have grown their companies to new heights.

Khor said the group's various awards tonight belonged to Team Setia as it was a team effort by passionate people working together to move the company forward.

“I felt delighted, honoured and humbled to receive this,” he told reporters after receiving the awards.

The Edge Malaysia Outstanding Property Entrepreneur Award, which recognises industry leaders who have contributed significantly in growing their companies was presented to Matrix Concepts Holdings Bhd group managing director Datuk Lee Tian Hock and Sunsuria Bhd executive chairman Tan Sri Ter Leong Yap.

The Edge Malaysia Property Development Excellence Award went to five winners – Mid Valley Megamall by IGB REIT Management Sdn Bhd, 1 Utama Shopping Centre by Bandar Utama City Centre Sdn Bhd, Sunway Pyramid by Sunway REIT Management Sdn Bhd, Pavilion Kuala Lumpur by Kuala Lumpur Pavilion Sdn Bhd, and the regeneration of George Town by Think City Sdn Bhd, in recognition of their positive contribution to the vibrancy of the surrounding areas.

Last but not least is The Edge Malaysia Pioneer Development Award, which recognises innovators in the property industry whose development concepts initiated new trends in the property field, went to KDU University College by Paramount Corporation Bhd, and Sunway University by Sunway Bhd.

For the full report on The Edge Malaysia Property Excellence Awards 2017, read the Nov 6 issue of City & Country, the property pullout of The Edge Malaysia.