Real estate developers honoured

Real estate developers honoured

KUALA LUMPUR: It was a night of celebration at the StarProperty Real Estate Developer Awards where 96 winners were recognised for their remarkable achievements.

The eighth instalment of the awards introduced six new categories, for a total of 38 awards up for grabs.

Among the new awards were The Government-Assisted Homes Award – Best National Homeownership Initiative for Borneo, Central and Northern regions.

Perbadanan PR1MA Malaysia achieved Excellence for the awards under the Borneo and Northern regions for its Residensi Bintawa Riverfront project, as well as Residensi Kepayang and Residensi Pauh Permai, respectively.

Developer LBS Bina Group Bhd, meanwhile, also achieved Excellence for the Central region category with its Idaman BSP project.

Deputy Local Government Development Minister Akmal Nasrullah Mohd Nasir, who graced the event, congratulated the winners and expressed gratitude to property industry players that have contributed to the sector's growth.

"Your unwavering dedication and innovative spirit have played a pivotal role in shaping our nation's landscape and driving economic prosperity.

"It is very encouraging to see that developers are breaking new ground and pushing boundaries across various aspects to give home buyers and investors better choices and assured quality.

"This shows that you are listening closely to the market and are responding to the ever-higher standards for good quality housing," he said in his speech at a hotel here yesterday evening.

Akmal Nasrullah also emphasised the importance of the industry adapting to emerging technologies that affect the home buyer demographics.

"We are living in an era of rapid technological advancements that have revolutionised various industries, and real estate is no exception.

"Emerging technologies such as artificial intelligence, virtual reality and the blockchain are transforming the way we design, build and interact with properties," he added.

Star Media Group (SMG) chief executive officer Alex Yeow lauded the government for its continuous support of the property sector through various efforts.

"In support of the property sector, the government has put in place various accommodative policies, governmental support and measures as outlined in Budget 2023 and under the 12th Malaysia Plan.

"In taking advantage of these various incentives and strengthening strategic partnerships, developers are well-positioned to further elevate the industry.

"The ministry's initiative of organising exchange sessions is one that is very much welcome as it opens doors to stronger relations between the private and civil sectors, all for the greater good of the nation," he said.

Yeow also said Malaysia's property sector was on the right track to recovery after challenging years due to the pandemic.

The awards also introduced the Foreign Touch Award – Best Overseas-Inspired Design Development (High-Rise) which was won by CPI Land with its project called Tuan 2egacy.

The award was open to all types of high-rise property by a local developer inspired by foreign architecture and designs to replicate a similar creation in a local context.

Other winners of the night include Sime Darby Property Bhd, IJM Land Bhd, IOI Properties Group Bhd, SkyWorld Development Bhd, Tropicana Corporation Bhd and other household names within the industry.

Also present at the event were SMG independent non-executive director Christina Foo, chief content officer Esther Ng and chief business officer Lydia Wang.

To ensure fair play, the panel of credible and impartial judges comprised captains of the Malaysian real estate industry and leaders of various disciplines to ensure that all entries received all-rounded and fair evaluations.

The event was organised by StarProperty Sdn Bhd, a wholly-owned subsidiary of SMG.

The official beverage partners were Heineken Malaysia Bhd and Edelweiss.

Source: The Star