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Monday, November 8, 2010

Property: No specific theme this year

We don’t want developers over-emphasising on certain areas only, says FIABCI M’sia president

PETALING JAYA: After several years, the International Real Estate Federation (FIABCI) has decided that it is not going to have a specific theme for its Malaysia Property Award (MPA) this year.

Yeow Thit Sang

“There won’t be a theme for this year’s property awards because we don’t want to see developers over-emphasising on certain areas only,” said FIABCI Malaysia president Yeow Thit Sang (pic).

He said FIABCI Malaysia wanted to award developers that “excelled at everything.”

“In previous years, whenever there we had themes, many developers neglected certain aspects of their projects and we don’t want to see that happening.”

Yeow said FIABCI Malaysia also aimed to create more recognition for small, unheard of developers not just locally but also internationally. “There are many developers in Sabah and Sarawak, for instance, that nobody has heard of but are of world-class standards.

“By participating in the MPA, and going on to represent the country on the global stage at the International Prix d’Excellence, helps build their reputation and credibility,” he said.

FIABCI Malaysia is also more than just an organiser or annual property awards. According to Yeow, it was often a “voicebox” for property players to engage with the Government.

“We also address issues concerning the property industry. We meet with the Government regularly to express our views on how to improve the sector.”

Yeow said during the global financial crisis that occurred in September 2008, FIABCI Malaysia’s views were consulted by the Government on matters relating to the stimulus package.

On the awards, Yeow said all of this year’s entrees deserved top marks for their projects and their efforts. “The standard of the local property sector has increased tremendously,” he said, adding that there were over 50 entrees for this year’s MPA.

Yeow said over the years, FIABCI Malaysia had been encouraging local developers to reduce its impact on the environment as much as possible.

“Environmental awareness is a global issue. Local developers that consider the wellbeing of the environment into consideration will go a long way,” he said.

FIABCI Malaysia will be organising the 2010 MPA on Nov 11 in Kuala Lumpur with Malayan Banking Bhd as the official sponsor.

The categories to be contested are: Property Man of The Year, Master Plan, Hotel Development, Office Development, Public Sector, Residential Development (low rise and high rise), Resort Development, Retail Development and Special Award for National Contribution.

Winners of the MPA in their relevant categories will represent Malaysia the following year at the International Prix d’Excellence, an annual competition that honours the world’s best property projects.

By The Star


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Unknown said...

Yeow said FIABCI Malaysia also aimed to create more recognition for small, unheard of developers not just locally but also internationally