Malaysia’s best managed, sustainable properties feted in virtual ceremony

PETALING JAYA (June 27): Winners of EdgeProp Malaysia’s Best Managed and Sustainable Property Awards 2020 were announced today in a virtual awards ceremony with Housing and Local Government Minister Zuraida Kamaruddin as guest of honour. The ceremony went live this evening on EdgeProp Malaysia’s Facebook page.

Introduced in 2017, the award is the first of its kind in Malaysia and the region to recognise real estate that is managed with excellence and sustainability.

Among the key winners this year were Gamuda Land and Tanah Sutera Development Sdn Bhd as each property developer received the EdgeProp Malaysia’s Responsible Developer: Building Sustainable Development Award 2020.

Real Estate and Housing Developers’ Association Malaysia president Datuk Soam Heng Choon was honoured as EdgeProp Malaysia Editor’s Choice Awards: Malaysia’s Exemplary Leader of Sustainable Development 2020 while Sunway Group’s The Banjaran Hotsprings Retreat was named EdgeProp Malaysia Editor’s Choice Awards: Malaysia’s Outstanding Sustainable Resort 2020 while PJ Trade Centre was named EdgeProp Malaysia Editor’s Choice Awards: Malaysia’s Built for Sustainability 2020 winner.

Notably, Karisma Apartment @ Eco Majestic was chosen as EdgeProp Malaysia Editor’s Choice Awards: Malaysia’s Outstanding Affordable Homes Project 2020. It also won Silver in the Sustainable Affordable Housing category, a new category of the main awards.

Other winners honoured at the Awards ceremony included real estate managed by SCM Property Services Sdn Bhd of UEM Sunrise, ParkCity Holdings, Setia Ecohill Sdn Bhd of S P Setia, SkyWorld Property Management Sdn Bhd of SkyWorld Development Sdn Bhd, SDB Property Management Sdn Bhd of Selangor Dredging Bhd, Ken Holdings Bhd, Bandar Rimbayu Sdn Bhd of IJM Land, Henry Butcher (Mont Kiara) Sdn Bhd, AirAsia Group, Quill Group of Companies Sdn Bhd, Praxcis Design Sdn Bhd, Izrin & Tan Properties Sdn Bhd and Eco Summer Sdn Bhd of Eco World Development Group Bhd.

In the EdgeProp-ILAM Malaysia’s Sustainable Landscape Award category this year, there were four Gold winners namely The Adventure Park at Setia EcoHill 2, Horizon Hills in Johor, Mont’Kiara Palma in Kuala Lumpur and Windows on the Park in Kuala Lumpur with a Special Mention going to Urban Park @ Eco Spring in Johor.

“With strata living fast becoming a way of life, quality property management is no longer an option. This is true not only in private but also in public real estate. For this to be a reality, it is imperative that property developers work closely with property and facilities managers from the very beginning – that is, from the project design stage. Not at its tail end,” Zuirada said in her keynote address.

She also highlighted that the Awards is unique as it not only recognises excellent property management, but also property developers who are committed to building projects that are designed for sustainability.

“I would like to congratulate EdgeProp Malaysia for undertaking this unique initiative in raising the bar on the quality of property management in Malaysia. I am happy to note that EdgeProp Malaysia is educating property investors on the importance of choosing real estate that has been designed and built for sustainable property management,” Zuraida noted adding that the ministry is happy to support the Awards.

In her welcome speech, EdgeProp Malaysia editor-in-chief and managing director Au Foong Yee reaffirmed that the vision of the Awards is to raise the bar on the nation’s property sustainability and management practices.

“This is no brick and mortar beauty contest. We are not in search of superlatives in project size, aesthetics, design creativity or cost. Rather, entries are adjudged on how well they have been managed and if this is sustainable.

“Naturally, such a winning attribute is synonymous with projects that have been designed, built and marketed in a responsible manner. By raising the bar on the nation’s property sustainability and management practices, we hope Malaysia will emerge a top global destination of real estate investment,” Au stressed.

The Awards was organised by EdgeProp Malaysia with Nippon Paint Malaysia as the partner. The supporting partners are Panasonic Malaysia and KipleLive, a wholly-owned subsidiary of Green Packet.

Also supporting the Awards are Real Estate and Housing Developers’ Association Malaysia (Rehda), Malaysian Institute of Property and Facility Managers (MIPFM), Building Managers Association of Malaysia (BMAM), Malaysian REIT Managers Association (MRMA), Institute of Landscape Architects Malaysia (ILAM), Association of Property and Facility Managers, Singapore (APFM) and Architect Centre Malaysia. It is also endorsed by the Ministry of Housing and Local Government.

The Awards is open to all stratified and non-stratified buildings, managed either in-house or by property managers in Malaysia annually. There are in total of 10 categories and these encompass residential, office, mixed development, retail and specialised projects. A new category, Sustainable Affordable Housing, was also added this year.

For a level playing field, each category is divided into properties that are less than 10 years old and those 10 years and above. The results have been audited by Deloitte Malaysia.

Source: EdgeProp