SINGAPORE: A condominium development in Ipoh has been named Malaysia's Best Condominium at a property event here that gathered a host of high-flying professionals and companies from the luxury residential property sector from all over the region.
The Haven Lakeside Residencies development was among four Malaysian entries that shone at the annual South-East Asia Property Awards 2012 here on Friday night.
The project, developed by The Haven Sdn Bhd and launched in January last year, comprises three luxury condominium towers overlooking a natural lake and scenic limestone hills.
An added attraction is a limestone rock said to be 280 million years old and standing about 14 storeys high, according to The Haven Sdn Bhd chief executive officer Peter Chan.
The other Malaysian winners at the awards night were Sunway Bhd (Best Malaysian developer), The Residences, Putra Heights, developed by Sime Darby Property Bhd (Best Malaysian villa) and Savills Rahim & Co (Best Malaysian property consultancy).
More than 370 guests from around the region including Thailand, Vietnam, the Philippines, Cambodia, Indonesia and host Singapore joined the gala dinner which saw 35 awards given out for various categories, including developer, development, real estate service, architecture and interior design.
Jose E.B. Antonio, chief executive officer of Philippines-based Century Properties Group Inc took the coveted Property Report Real Estate Personality of the Year award.
Chan, in his acceptance speech on behalf of The Haven Sdn Bhd, said he was happy to receive the award for Ipoh.
“It shows Ipoh can win prestigious international awards because the city is truly attractive.
“Its potential has not been recognised and has been under-rated for too long.
“We hope with this recognition, the awareness of Ipoh will be awakened that Ipoh can produce a condo development that is recognised as the nation's best,” he said, adding that his company had won seven other awards in the past.
Event organiser Ensign Media CEO Terry Blackburn, in his congratulatory address, said: “We have seen some real world-beating developments awarded here that really represent the full gamut of what South-East Asia real estate has to offer.”
Over 1,400 nominations were received, with over 300 entries in the hotly contested Best Condominium awards for Malaysia and Singapore.
By The Star
Showing posts with label Property awards. Show all posts
Showing posts with label Property awards. Show all posts
Saturday, November 24, 2012
Saturday, September 15, 2012
Real Estate Awards - More entries from outside Klang Valley wanted
The Malaysian Institute of Estate Agents (MIEA) wants to encourage more participants outside the Klang Valley area for its upcoming Real Estate Awards next month.
MIEA deputy president and awards chairman Siva Shanker points out that one of the awards categories, the prestigious “Real Estate Agency of the Year,” is open to participants where the MIEA has a state branch, namely Penang, Perak, Johor, Sabah and Sarawak.
“In first three years when we held the awards, we had strong response from estate agencies from Kuala Lumpur but not from other states. It's because they (agencies outside Kuala Lumpur) felt that they can't compete,” he tells StarBizWeek in an interview.
Siva adds that many agencies outside the Klang Valley were reluctant to participate because there was just no comparison in terms of the quantum of the transaction.
“It's because they felt that the quantum of what they do cannot match with what is done in Kuala Lumpur. Property values are three times higher in the Klang Valley!”
To address this issue, awards under the Real Estate Agency of the Year category is now judged based on individual states.
“This is the second year we're doing it and the MIEA wants to encourage participation from estate agents from outside the Klang Valley area,” Siva reiterates.
This year's Real Estate Awards, which is being organised for the fourth consecutive year by the MIEA, will be held on Oct 6 at the Sime Darby Convention Centre in Kuala Lumpur.
There will be a total of eight award categories three for Agency (which is divided into small, medium and large firms), a Salesperson award, Specialised Category, Real Estate Agent of the Year, Real Estate Agency of the Year and Real Estate Agency of the Year State Branches.
The eight award categories are further broken down into 22 sub categories.
“We've broken up the awards based on the size of the agency, namely small (less than 20 agents), medium (21 to 100 agents) and large (above 100 agents) firms.
“We want to make a difference based on the size of the company. We don't want a large firm doing RM50mil worth of businesses competing against a smaller agency handling a lower quantum of work,” says Siva.
He also says awards for agents are divided into work for the residential, commercial and industrial sub-sectors.
“There's also a Specialised Category to cater for work that does not fall under the residential, commercial or industrial sub-sectors. This may include an abandoned development that has been revived, successfully putting together a difficult joint venture or selling an island, for instance.
“This is to cater to people that have done brilliant work but it's judged on a separate merit.”
Siva says there will also be special award category, namely the Real Estate Leadership Award, which will be by invitation only and reserved for selected, privileged individuals within the property industry.
“The Real Estate Leadership award is decided by the MIEA council of management. The recipient could be a valuer, developer or anyone within the property industry.
“However, he or she must have shown great leadership and moved the industry forward in a very special way. This person must have also provided immense contribution to MIEA itself. Not monetarily, but in some form of leadership or by example or guidance to the institute.”
Past recipients of the Real Estate Leadership award were Senator Datuk Abdul Rahim Rahman, the executive chairman of Rahim & Co group of companies, former Valuation Department director-general Datuk Ravindra Dass and Bukit Kiara Properties group chairman Datuk Alan Tong.
By The Star
MIEA deputy president and awards chairman Siva Shanker points out that one of the awards categories, the prestigious “Real Estate Agency of the Year,” is open to participants where the MIEA has a state branch, namely Penang, Perak, Johor, Sabah and Sarawak.
“In first three years when we held the awards, we had strong response from estate agencies from Kuala Lumpur but not from other states. It's because they (agencies outside Kuala Lumpur) felt that they can't compete,” he tells StarBizWeek in an interview.
Siva adds that many agencies outside the Klang Valley were reluctant to participate because there was just no comparison in terms of the quantum of the transaction.
“It's because they felt that the quantum of what they do cannot match with what is done in Kuala Lumpur. Property values are three times higher in the Klang Valley!”
To address this issue, awards under the Real Estate Agency of the Year category is now judged based on individual states.
“This is the second year we're doing it and the MIEA wants to encourage participation from estate agents from outside the Klang Valley area,” Siva reiterates.
This year's Real Estate Awards, which is being organised for the fourth consecutive year by the MIEA, will be held on Oct 6 at the Sime Darby Convention Centre in Kuala Lumpur.
There will be a total of eight award categories three for Agency (which is divided into small, medium and large firms), a Salesperson award, Specialised Category, Real Estate Agent of the Year, Real Estate Agency of the Year and Real Estate Agency of the Year State Branches.
The eight award categories are further broken down into 22 sub categories.
“We've broken up the awards based on the size of the agency, namely small (less than 20 agents), medium (21 to 100 agents) and large (above 100 agents) firms.
“We want to make a difference based on the size of the company. We don't want a large firm doing RM50mil worth of businesses competing against a smaller agency handling a lower quantum of work,” says Siva.
He also says awards for agents are divided into work for the residential, commercial and industrial sub-sectors.
“There's also a Specialised Category to cater for work that does not fall under the residential, commercial or industrial sub-sectors. This may include an abandoned development that has been revived, successfully putting together a difficult joint venture or selling an island, for instance.
“This is to cater to people that have done brilliant work but it's judged on a separate merit.”
Siva says there will also be special award category, namely the Real Estate Leadership Award, which will be by invitation only and reserved for selected, privileged individuals within the property industry.
“The Real Estate Leadership award is decided by the MIEA council of management. The recipient could be a valuer, developer or anyone within the property industry.
“However, he or she must have shown great leadership and moved the industry forward in a very special way. This person must have also provided immense contribution to MIEA itself. Not monetarily, but in some form of leadership or by example or guidance to the institute.”
Past recipients of the Real Estate Leadership award were Senator Datuk Abdul Rahim Rahman, the executive chairman of Rahim & Co group of companies, former Valuation Department director-general Datuk Ravindra Dass and Bukit Kiara Properties group chairman Datuk Alan Tong.
By The Star
Wednesday, June 6, 2012
SP Setia clinches most trusted developer award
KUALA LUMPUR: SP Setia Bhd was recognised recently for the second time running as the developer Malaysians trust most in the Reader's Digest Asia Trusted Brands 2012 study.
The company was awarded the Gold Trusted Brand Award in the Property Development category at the gala awards dinner held last month.
Minister of International Trade and Industry Datuk Seri Mustapa Mohamed presented the award to SP Setia director Tan Sri Lee Lam Thye.
The SP Setia brand has grown regionally with the developer's first international foray into Vietnam in 2007 when it joined forces with the country's top state-owned conglomerate Becamex IDC Corp to develop EcoLakes at the MyPhuoc Industrial Park.
In 2010, EcoLakes was named first runner-up in the FIABCI Prix d'Excellence Award for Best Development Master Plan.
Following this success, the group has also launched a mixed development project called Eco Xuan at Lai Thieu in Tuan An District, Binh Doung Province.
By Business Times
Minister of International Trade and Industry Datuk Seri Mustapa Mohamed presented the award to SP Setia director Tan Sri Lee Lam Thye.
The SP Setia brand has grown regionally with the developer's first international foray into Vietnam in 2007 when it joined forces with the country's top state-owned conglomerate Becamex IDC Corp to develop EcoLakes at the MyPhuoc Industrial Park.
In 2010, EcoLakes was named first runner-up in the FIABCI Prix d'Excellence Award for Best Development Master Plan.
Following this success, the group has also launched a mixed development project called Eco Xuan at Lai Thieu in Tuan An District, Binh Doung Province.
By Business Times
Tuesday, June 5, 2012
SP Setia named most trusted developer
KUALA LUMPUR: SP Setia has been named for the second time running as the developer Malaysians trust the most in the Reader’s Digest Asia Trusted Brands 2012 study.
In a statement today, the company said it took home the Gold Trusted Brand Award in the Property Development category at the gala awards dinner on May 29.
The SP Setia brand has grown regionally with the developer’s first international foray to Vietnam in 2007 when it joined forces with the country’s top state-owned conglomerate Becamex IDC Corp to develop EcoLakes at the MyPhuoc Industrial Park.
The developer’s regional reach now includes Melbourne, Australia, and Singapore.
The Reader’s Digest Study, now in its 14th year is carried out in eight markets across Asia (China, Malaysia, Hong Kong, India, the Philippines, Singapore, Taiwan, and Thailand) to determine the brands most trusted by consumers in 43 different product and service categories.
The study is based on responses to questionnaires distributed via Reader’s Digest copies as well as telephone interviews of randomly selected, upscale consumers, carried out by Ipsos, one of the world’s leading custom research firms.
By Bernama
In a statement today, the company said it took home the Gold Trusted Brand Award in the Property Development category at the gala awards dinner on May 29.
The SP Setia brand has grown regionally with the developer’s first international foray to Vietnam in 2007 when it joined forces with the country’s top state-owned conglomerate Becamex IDC Corp to develop EcoLakes at the MyPhuoc Industrial Park.
The developer’s regional reach now includes Melbourne, Australia, and Singapore.
The Reader’s Digest Study, now in its 14th year is carried out in eight markets across Asia (China, Malaysia, Hong Kong, India, the Philippines, Singapore, Taiwan, and Thailand) to determine the brands most trusted by consumers in 43 different product and service categories.
The study is based on responses to questionnaires distributed via Reader’s Digest copies as well as telephone interviews of randomly selected, upscale consumers, carried out by Ipsos, one of the world’s leading custom research firms.
By Bernama
Tuesday, May 29, 2012
Dijaya wins BCI Asia Top 10 Developers Award
Property developer Dijaya Corporation Berhad (Dijaya) was awarded the BCI Asia Top 10 Developers Award 2012 at the BCI Asia Awards 2012 ceremony on May 22 in Kuala Lumpur.
This award is a testimony to Dijaya’s ongoing endeavour to strengthen its Tropicana branding and create high-quality and innovative property developments in which people want to work, live and play.
This year, Dijaya is part of the top 10 Malaysia developers whose combined portfolios contain US$3bil (RM9.4bil) worth of properties.
Dijaya managing director Datuk Tong Kien Onn received the award from BCI Asia chairman Dr Matthias Krups.
Now into its eighth year, the BCI Asia Awards is a regional event attended by the industry’s top architects and building professionals in Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
This event highlights key industry players that enable the market to better understand the important roles the organisations play as well as their impact, both socially and on the environment.
The BCI Asia Top 10 Developers Award recognises key industry players in the country.
By The Star
Monday, May 28, 2012
SP Setia to to buy RM1bil worth of land in Klang Valley, Penang and Iskandar Malaysia yearly
ST PETERSBURG (Russia): SP Setia Bhd is allocating RM1bil yearly to acquire new land for future development in the Klang Valley, Penang and Iskandar Malaysia.
President and chief executive officer Tan Sri Liew Kee Sin said replenishing its landbank in the shortest time possible would place the company in a better position compared with other developers.
He said the move was vital as the company would be able to continually launch new projects as the takeup rate for its properties was good.
“Sufficient landbank is the life-line for us (developers) without which we could not properly plan our future projects,” Liew said after SP Setia's award winning development Setia Eco Gardens in Iskandar Malaysia bagged the FIABCI Prix d'Excellence award at a ceremony held here recently.
The 2012 FIABCI Prix d'Excellence Awards saw 14 winners from seven countries, namely Malaysia, Singapore, India, Taiwan, Russia, Hungary and Switzerland.
Liew said that among Kuala Lumpur, Penang and Iskandar Malaysia, getting new land in Penang was the most difficult due to the space constraint there.
He added that those who managed to get land in Penang would go for high-density projects.
“In the Klang Valley, the next growth centres will be within the Kajang and Semenyih areas,'' Liew said.
He said the upcoming My Rapid Transit system would help boost property development projects outside the existing development centres in the Klang Valley.
With the better accessibility and connectivity within the central region once the MRT system is completed, developers have started looking for land in new development centres.
He said prospective buyers, mostly the first-time houseowners, would consider buying their first residential properties outside the existing growth centres as the prices were within their reach.
On south Johor, Liew said Iskandar Malaysia would drive the property market in Johor many years down the road based on the progress and development taking place in the corridor over the last six years.
“Iskandar Malaysia is more viable compared with other economic growth corridors in Malaysia,'' he said.
Liew said the Johor property market also benefited from Iskandar Malaysia as demand for high-end residential properties was on the rise in south Johor.
He said that apart from the Iskandar Malaysia factor, Singapore also played an important part in determining the economic growth in Johor.
“It is a well-known fact that Johor and Singapore are intertwined in economic activities during good or bad times due to their close proximity,'' said Liew.
Liew said the company was fortunate as all of its projects in southern Johor were strategically located within the flagship development of Iskandar Malaysia.
Its ongoing projects are Bukit Indah with only 5% land left for development from the entire 610.67ha, Setia Eco Gardens and Setia Business Park (383.64ha and 50% still available for future development).
Others are Setia Business Park II (107.24ha), Setia Tropika (299.46ha and 40%), Setia Indah (359.36ha and 10%) and Setia Eco Cascadia (110.70ha and 70%).
“We'll continue looking for more land in south Johor,'' he adds.
Liew said the remaining landbank would keep the company busy in Iskandar Malaysia in the next 10 to 15 years with a gross development value of RM8bil.
He said on average, land prices in Iskandar Malaysia had appreciated when the company first came 15 years ago, the asking price was RM5.50 per sq ft and now it was between RM15 and RM20 per sq ft.
Liew said the opening of the Eastern Link Dispersal Expressway in April and upgrading of several roads within Tebrau corridor had improved connectivity and accessibility.
Meanwhile, Setia Eco Gardens won its second FIABCI Prix d'Excellence Award within three years.
Setia Eco Gardens had in 2009 won the FIABCI Prix d'Excellence award in Beijing for Best Master Plan.
This year it emerges as the winner in the Specialised Project (Purpose Built) category for Eco Greens beating Green Pyramid and Ocenarium of Hungary and Taiwan's Taipei City Hall Bus Station Project.
Eco Greens is a 11.33ha park complex in Setia Eco Gardens comprising a town park and the famed Eco Gallery, which features a green wall that has become an iconic landmark for the 383.64ha township.
SP Setia is the only Malaysian developer to have won four FIABCI Prix d'Excellence awards Setia Eco Park in Shah Alam won for Best Master Plan (2007) and Best Residential (Low Rise) Development (2011) and Setia Eco Gardens for Best Master Plan (2009) and Specialised Project (Purpose Built).
By The Star
Saturday, May 26, 2012
Continuous improvement needed for developers to remain competitive
FIABCI MALAYSIA is urging local property developers to “raise the bar” in order to remain competitive at the annual FIABCI Prix d’Excellence Awards, which comprises the best of the best from around the world.
“The Malaysian real estate projects are some of the world’s best in the true sense. (However), the competition will get tougher each year as more and more countries enter the competition with their own national winners,” FIABCI Malaysia president Yeow Thit Sang said recently at an appreciation dinner for Malaysian developers that were honoured at this year’s FIABCI Prix d’Excellence Awards.
Yeow however commended the Malaysian companies that were recognised at this year’s Prix d’Excellence Awards.
“There is total transparency and independence in the judging process. None of the 47 judges knew who was marking which project. There was no comparison of opinion between any of them. All the marks were given independently,” he says.
FIABCI Malaysia is the organiser of the annual Malaysia Property Awards (MPA), which is considered the “Oscars” of the property industry.
Over the years, there has been an increasing emphasis on the environment and participants at the MPA have to take this into consideration.
“The impact a particular project has on the environment currently accounts for between 20% and 25% of the judging criteria,” says Yeow.
He also says the standard of judging for the MPA has increased over the years.
“It comprises a four-tier process,” says Yeow, adding that the judges comprise past presidents of FIABCI Malaysia.
“We also have a public auditor who collates all the marks,” he says.
Winners of the MPA in their relevant categories will go on to represent Malaysia the following year at the FIABCI International Prix d’Excellence, an annual competition that honours the world’s best property projects.
This year’s FIABCI Prix d’Excellence Awards, which was held in May at St. Petersburg, Russia, crowned four Malaysian developments in total, namely UEM Land Holding Bhd (for the Master Plan category), Mulpha International Bhd (Residential Low Rise) category, SP Setia Bhd (Specialised Project/Purpose-Built category and Sunway City (Ipoh) Sdn Bhd (Resort category).
Established in 1992, this year’s MPA will be held in November.
Separately, Yeow says he is optimistic about the outlook of the local property market for this year, adding however that things can turn for the worse should the global economic situation deteriorates.
“The economies of the world have a great influence on the local market. If Europe and the United States are affected – because they are buying from us, it will affect us. Eventually, our products cannot sell and there will be unemployment.
“Once unemployment comes in, the real estate market will be affected. If you’ve bought a house and you’re servicing the loan and lose your job, what are you going to do?”
By The Star (by Eugene Mahalingam)
“The Malaysian real estate projects are some of the world’s best in the true sense. (However), the competition will get tougher each year as more and more countries enter the competition with their own national winners,” FIABCI Malaysia president Yeow Thit Sang said recently at an appreciation dinner for Malaysian developers that were honoured at this year’s FIABCI Prix d’Excellence Awards.
Yeow however commended the Malaysian companies that were recognised at this year’s Prix d’Excellence Awards.
“There is total transparency and independence in the judging process. None of the 47 judges knew who was marking which project. There was no comparison of opinion between any of them. All the marks were given independently,” he says.
FIABCI Malaysia is the organiser of the annual Malaysia Property Awards (MPA), which is considered the “Oscars” of the property industry.
Over the years, there has been an increasing emphasis on the environment and participants at the MPA have to take this into consideration.
“The impact a particular project has on the environment currently accounts for between 20% and 25% of the judging criteria,” says Yeow.
He also says the standard of judging for the MPA has increased over the years.
“It comprises a four-tier process,” says Yeow, adding that the judges comprise past presidents of FIABCI Malaysia.
“We also have a public auditor who collates all the marks,” he says.
Winners of the MPA in their relevant categories will go on to represent Malaysia the following year at the FIABCI International Prix d’Excellence, an annual competition that honours the world’s best property projects.
This year’s FIABCI Prix d’Excellence Awards, which was held in May at St. Petersburg, Russia, crowned four Malaysian developments in total, namely UEM Land Holding Bhd (for the Master Plan category), Mulpha International Bhd (Residential Low Rise) category, SP Setia Bhd (Specialised Project/Purpose-Built category and Sunway City (Ipoh) Sdn Bhd (Resort category).
Established in 1992, this year’s MPA will be held in November.
Separately, Yeow says he is optimistic about the outlook of the local property market for this year, adding however that things can turn for the worse should the global economic situation deteriorates.
“The economies of the world have a great influence on the local market. If Europe and the United States are affected – because they are buying from us, it will affect us. Eventually, our products cannot sell and there will be unemployment.
“Once unemployment comes in, the real estate market will be affected. If you’ve bought a house and you’re servicing the loan and lose your job, what are you going to do?”
By The Star (by Eugene Mahalingam)
Saturday, May 19, 2012
UEM Land’s Nusajaya wins Fiabci award
KUALA LUMPUR: UEM Land Holdings Bhds Nusajaya development emerged as the winner in the Master Plan Category at the prestigious Fiabci Prix dExcellence Awards 2012.
The award was received by UEM Lands managing director and CEO, Datuk Wan Abdullah Wan Ibrahim, at a presentation ceremony in St Petersburg, Russia, the company said in a statement.
We are honoured with achieving this accolade from a renowned world body like Fiabci for our new regional city Nusajaya. As the master developer of Nusajaya, we are proud that Nusajaya is presented with this international recognition as we continue to push forward and realise its signature and catalytic developments, Wan Abdullah said in a statement.
Aptly, 2012 sets the stage for Nusajaya to achieve its tipping point where the splendour of its diverse signature developments will unfold.
Nusajaya was conceptualised to be a self-sustaining city that was conducive for business, living and leisure, it said.
Its unicity was manifested in the diverse yet complementary signature projects and catalytic developments in seven key sectors government, residential, commercial, industrial, leisure, health & wellness, and education, the statement said.
The Fiabci award recognises projects that best embody excellence in all real estate disciplines involved in their creation.
Winning projects are judged based on a set of criterias which include architecture, development, environmental impact, financials and marketing and are selected by an international panel of real estate professionals and experts.
Last October, Nusajaya was also named the Best Master Plan at the Fiabci Malaysia Property Award 2011.
By The Star
The award was received by UEM Lands managing director and CEO, Datuk Wan Abdullah Wan Ibrahim, at a presentation ceremony in St Petersburg, Russia, the company said in a statement.
We are honoured with achieving this accolade from a renowned world body like Fiabci for our new regional city Nusajaya. As the master developer of Nusajaya, we are proud that Nusajaya is presented with this international recognition as we continue to push forward and realise its signature and catalytic developments, Wan Abdullah said in a statement.
Aptly, 2012 sets the stage for Nusajaya to achieve its tipping point where the splendour of its diverse signature developments will unfold.
Nusajaya was conceptualised to be a self-sustaining city that was conducive for business, living and leisure, it said.
Its unicity was manifested in the diverse yet complementary signature projects and catalytic developments in seven key sectors government, residential, commercial, industrial, leisure, health & wellness, and education, the statement said.
The Fiabci award recognises projects that best embody excellence in all real estate disciplines involved in their creation.
Winning projects are judged based on a set of criterias which include architecture, development, environmental impact, financials and marketing and are selected by an international panel of real estate professionals and experts.
Last October, Nusajaya was also named the Best Master Plan at the Fiabci Malaysia Property Award 2011.
By The Star
Thursday, May 17, 2012
SP Setia development wins another FIABCI award
PETALING JAYA: SP Setia Bhd's award-winning development in Johor, Setia Eco Gardens bagged another FIABCI Prix d'Excellence award at the 2012 FIABCI Prix d'Excellence Awards Ceremony held in St Petersburg.
In a statement, SP Setia said the award marked the fourth international award for SP Setia and the second for Setia Eco Gardens. Setia Eco Gardens emerged as the winner in the Specialised Project (Purpose-Built) category for Eco Greens. Eco Greens is a 28-acre park complex in Setia Eco Gardens comprising a town park and the famed Eco Gallery, which features a green wall that has since become an iconic landmark for the 948-acre township.
The 2012 FIABCI Prix d'Excellence Awards saw 14 winners from seven countries namely Malaysia, Singapore, India, Taiwan, Russia, Hungary and Switzerland.
“We are truly honoured to be recognised with a fourth Prix d'Excellence Award from FIABCI International and are proud to represent Malaysia on the real estate world stage,” SP Setia president and CEO Tan Sri Liew Kee Sin.
He said the win marked another milestone for Setia Eco Gardens and was a testament to the group's commitment in building sustainably.
“The design and layout of Eco Greens and the eco facilities fully reflect the group's development philosophy of Live Learn Work Play. “Setia Eco Gardens has introduced a new standard of living to the state of Johor and its success is testimony to the fact that the entire spectrum of the community can share equal access to a quality living environment,” said Liew.
Located at the main entrance to Setia Eco Gardens, Eco Greens has become the township's signature landmark and recognized not just by residents of Johor Baru but visitors from Singapore and other countries.
It is also one of the most prominent landmarks in Iskandar Malaysia by virtue of it being the first eco park.
This latest recognition by FIABCI also makes SP Setia the only Malaysian developer to have won four FIABCI Prix d'Excellence Awards. The company's three earlier awards were won by Setia Eco Park in Shah Alam for Best Master Plan (2007) and Best Residential (Low-Rise) Development (2011) and Setia EcoGardens for Best Master Plan (2009).
By The Star
Thursday, May 3, 2012
Naza TTDI shines in Asian awards
KUALA LUMPUR: Naza TTDI Sdn Bhd, the master developer of Taman Tun Dr Ismail in Kuala Lumpur, bagged five awards for its projects in the Klang Valley at the recent Asia Pacific Property Awards 2012.
The developer won four "5-star" awards and one "highly commended" award.
Naza TTDI won the highly commended award for its website, www.nazattdi.com.
For the five-star awards, Naza TTDI's mosque development in Section 13, Shah Alam, had two wins for Best Public Service Development category and Best Public Service Architecture category.
The mosque is earmarked to be the first "green" mosque in Malaysia and is being built and fully funded by Naza TTDI as its contribution to the community within its development.
For the Best Office Architecture category, Naza Tower at Platinum Park took home the winning prize while for Best Commercial High-Rise Development, Phase 3 and 4 of Platinum Park won the award.
"This year's multiple success was indeed a pleasant surprise and it puts us in the right direction for Naza TTDI's brand to be internationally recognised and positions the company to become a leading property developer in the country," said SM Faliq SM Nasimuddin, Naza TTDI deputy executive chairman and group managing director.
The RM4 billion Platinum Park project on 3.68ha is destined to be the latest iconic mixed development within the vicinity of KLCC.
It will have six green building index (GBI) compliance towers of which three are "Grade A" office towers, two luxury residential towers and one branded residence/hotel towers.
By Business Times
The developer won four "5-star" awards and one "highly commended" award.
Naza TTDI won the highly commended award for its website, www.nazattdi.com.
For the five-star awards, Naza TTDI's mosque development in Section 13, Shah Alam, had two wins for Best Public Service Development category and Best Public Service Architecture category.
The mosque is earmarked to be the first "green" mosque in Malaysia and is being built and fully funded by Naza TTDI as its contribution to the community within its development.
For the Best Office Architecture category, Naza Tower at Platinum Park took home the winning prize while for Best Commercial High-Rise Development, Phase 3 and 4 of Platinum Park won the award.
"This year's multiple success was indeed a pleasant surprise and it puts us in the right direction for Naza TTDI's brand to be internationally recognised and positions the company to become a leading property developer in the country," said SM Faliq SM Nasimuddin, Naza TTDI deputy executive chairman and group managing director.
The RM4 billion Platinum Park project on 3.68ha is destined to be the latest iconic mixed development within the vicinity of KLCC.
It will have six green building index (GBI) compliance towers of which three are "Grade A" office towers, two luxury residential towers and one branded residence/hotel towers.
By Business Times
Naza, UEM Land, and Opus win property awards
PETALING JAYA: Naza TTDI Sdn Bhd, UEM Land Holdings Bhd and Opus Group Bhd were among the winners announced at the Asia-Pacific Property Awards 2012 gala dinner in Kuala Lumpur recently.
Naza TTDI bagged five awards at the event on Friday. It won for its mosque in Section 13, Shah Alam, which received two Five Star' awards in the Best Public Service Development and the Best Public Service Architecture categories.
The third Five Star award was in the Best Office Architecture, Malaysia, for Naza Tower at Platinum Park and the fourth Five Star award was in the Best Commercial High-rise Development Malaysia for Phase 3 and 4 of Platinum Park, while the Highly Commended' award for Developer Website was for the company's website at www.nazattdi.com.
As for UEM Land, it won the Best Architecture Multiple Residence in Asia Pacific for its East Ledang development. This development is a gated and guarded community garden residences situated in Nusajaya, Johor. UEM land also received Highly Commended awards in three categories at the national level for its three other developments: mixed-use development for Puteri Harbour in Nusajaya, commercial high-rise development and high-rise architecture for Angkasa Raya in Kuala Lumpur.
Meanwhile, Opus' international subsidiary and New Zealand-listed consultancy firm, Opus International Consultants Ltd, won the Best Public Service Architecture Asia Pacific award.
Opus received the award for its Wilson Special Needs School in Auckland, New Zealand.
Opus also received the Public Service Architecture New Zealand (5 star) award.
By The Star
Naza TTDI bagged five awards at the event on Friday. It won for its mosque in Section 13, Shah Alam, which received two Five Star' awards in the Best Public Service Development and the Best Public Service Architecture categories.
The third Five Star award was in the Best Office Architecture, Malaysia, for Naza Tower at Platinum Park and the fourth Five Star award was in the Best Commercial High-rise Development Malaysia for Phase 3 and 4 of Platinum Park, while the Highly Commended' award for Developer Website was for the company's website at www.nazattdi.com.
As for UEM Land, it won the Best Architecture Multiple Residence in Asia Pacific for its East Ledang development. This development is a gated and guarded community garden residences situated in Nusajaya, Johor. UEM land also received Highly Commended awards in three categories at the national level for its three other developments: mixed-use development for Puteri Harbour in Nusajaya, commercial high-rise development and high-rise architecture for Angkasa Raya in Kuala Lumpur.
Meanwhile, Opus' international subsidiary and New Zealand-listed consultancy firm, Opus International Consultants Ltd, won the Best Public Service Architecture Asia Pacific award.
Opus received the award for its Wilson Special Needs School in Auckland, New Zealand.
Opus also received the Public Service Architecture New Zealand (5 star) award.
By The Star
Monday, April 30, 2012
Posco to seal deal with Berjaya Land
BERJAYA Land Bhd (BLand), a property and gaming company, is close to inking a partnership agreement with South Korean steelmaker Posco Group on the acquisition of up to 20 per cent in the former's US$3 billion (RM9 billion) project in South Korea.
BLand is developing Berjaya Jeju Resort through its subsidiary, Berjaya Jeju Resort Ltd (BJR), on a 73.2ha site in Yeraedong in Seogwipo City, southwest of Jeju island.
BJR director Tan u-Jiun told Business Times in an interview that it expects to seal the deal with Posco by August or September this year.
"Posco will take not more than 20 per cent stake in the development and they will help to develop it," Tan said.
Posco, which is listed in Seoul, Tokyo, London and New York, is involved in railway development, construction of buildings and infrastructure and steel manufacturing.
This will be the first partnership for Posco in Malaysia and the agreement with BLand is via its unit, Posco Engineering & Construction Co Ltd.
Tan, the younger son of Berjaya group founder Tan Sri Vincent Tan, said the first phase of the project comprising 212 units of luxury villas and market place is slated to be launched by the end of this year or early next year.
"We are awaiting the final approval for the Environmental Impact Assessment on our revised masterplan. We expect it to complete in May," Tan said.
The integrated project will have 1,403 condominium units, villas and bungalows, 935 hotel rooms, a one million sq ft retail mall that will be the largest in Jeju, a medical facility and a market place which will comprise super luxury shops and single-storey residences.
The landmark tower will be a 45-storey hotel, which will be the tallest building on the island. Complementing that is a 505-room casino hotel, which will be South Korea's largest casino complex, Tan said.
"We are launching the villas and market place first to attract higher paying customers to the development. Once the market is guaranteed and it creates an aspirational image, we will release the medium-tier properties," he said.
Tan said BJR hopes to start constructing the villas and market place by August this year.
According to him, BLand has invested close to US$150 million (RM450 million) on infrastructure works for the project, which was completed in December last year. The project will take five to six years to develop.
"We are targeting the Koreans and Europeans. We don't think the European market will be strong because of the eurozone debt crisis but we expect same sales there. We are also targeting China and Japan," Tan said.
Berjaya Jeju Resort recently won an award in the category of mixed- used development for South Korea at the Asia Pacific Property Awards 2012.
By Business Times
Friday, February 3, 2012
Sime Darby Property honoured for sustainable development efforts
KUALA LUMPUR: Sime Darby Property Bhd has won two awards for outstanding achievements in the property development sector in Malaysia and Southeast Asia.
It bagged the BCI Asia Awards 2011, the second consecutive year that it has won the honour. The award covers Malaysia, Hong Kong, Indonesia, the Philippines, Singapore, Thailand and Vietnam.
Sime Darby Property managing director Datuk Wahab Maskan said it was an honour to be one of the top 10 developers in Asia and to be acknowledged for its sustainable efforts in Malaysia.
"These awards reflect the appreciation of society and customers for our efforts to provide sustainable development for our stakeholders. We will continue to work even harder to be the preferred developer in the region," he said.
Sime Darby Property was also recently conferred the Prime Minister's Hibiscus Award 2012 for Notable Achievement in the Environmental Excellence Category.
It won the award for its Bukit Jelutong township, following a two-stage assessment process that included a site visit and detailed submissions on 14 areas covering a range of environmental issues.
By Business Times
It bagged the BCI Asia Awards 2011, the second consecutive year that it has won the honour. The award covers Malaysia, Hong Kong, Indonesia, the Philippines, Singapore, Thailand and Vietnam.
Sime Darby Property managing director Datuk Wahab Maskan said it was an honour to be one of the top 10 developers in Asia and to be acknowledged for its sustainable efforts in Malaysia.
"These awards reflect the appreciation of society and customers for our efforts to provide sustainable development for our stakeholders. We will continue to work even harder to be the preferred developer in the region," he said.
Sime Darby Property was also recently conferred the Prime Minister's Hibiscus Award 2012 for Notable Achievement in the Environmental Excellence Category.
It won the award for its Bukit Jelutong township, following a two-stage assessment process that included a site visit and detailed submissions on 14 areas covering a range of environmental issues.
By Business Times
Friday, November 18, 2011
Fortune award for SP Setia
Developer picked as winner in Top Companies for Leaders 2011 Study
PETALING JAYA: Property developer SP Setia Bhd was recently picked by human capital consultant Aon Hewitt as a winner in the Top Companies for Leaders 2011 Study due to the company's strong talent management and success in building a global brand.
This study was jointly conducted by Fortune magazine, Aon Hewitt and human resource specialist RBL Group, and was open to public, private and non-profit organisations from around the world. The results of the study and an accompanying story will be published in Fortune's Nov 21 issue.
SP Setia was one of three Malaysian companies that participated in the study, and among five from South-East Asia. SP Setia was declared a winner and ranked 13th in the Asia Pacific Top 20 list out of 154 companies from the region. A total of 476 companies from around the world took part in the study.
Liew: ‘Team Setia has truly done us proud yet again.’
SP Setia president-cum-chief executive officer Tan Sri Liew Kee Sin said in an e-mail reply to StarBiz that one of the main reasons for the company's inclusion on the list was the level of commitment and engagement demonstrated by the staff at all levels.
He said this had enabled the company to achieve great results year after year in terms of sales, financial performance, awards and social responsibility.
“The Fortune article mentioned that you can't build a great business without nurturing great talent. I could not agree more and I'm truly delighted for SP Setia to be included in the company of global greats such as IBM, General Electric, Intel, McKinsey, China Vanke and Wipro, to name but a few.
“Team Setia has truly done us proud yet again and although we still have much to learn, this recognition will really spur us on to be even better than before,” Liew added.
He noted that although Malaysia had a brain drain problem, there was still talent waiting to be discovered. “We cannot try to hire ready-made talent all the time. We take the approach that if our people have the willingness and capacity to learn, we'll train and groom them to be the best they can be,” Liew said.
He said that since no one was perfect, it was also fortunate that everyone did not have the same strengths and weaknesses. “The key is to blend people with different abilities together so that one person's strength covers another's area of weakness and vice-versa. That way, as a team, we are much stronger than we are as individuals,” Liew explained.
Meanwhile, Aon Hewitt leadership consulting practice lead for South-East Asia, Hari Abburi, said the developer stood out for building a successful brand of Malaysian leaders that were global in outlook as well as having leadership focus at all levels, resulting in strong leadership pipeline for future growth.
He said the universal aspect of such companies was robust leadership development processes and practices across all levels of the organisation, with these practices being institutionalised over a long period of time.
“The Top Companies for Leaders are strong on business sustainability as an outcome of these leadership practices. These companies are seen to be strong brands because of the well-developed and institutionalised leadership practices,” Abburi added.
By The Star
PETALING JAYA: Property developer SP Setia Bhd was recently picked by human capital consultant Aon Hewitt as a winner in the Top Companies for Leaders 2011 Study due to the company's strong talent management and success in building a global brand.
This study was jointly conducted by Fortune magazine, Aon Hewitt and human resource specialist RBL Group, and was open to public, private and non-profit organisations from around the world. The results of the study and an accompanying story will be published in Fortune's Nov 21 issue.
SP Setia was one of three Malaysian companies that participated in the study, and among five from South-East Asia. SP Setia was declared a winner and ranked 13th in the Asia Pacific Top 20 list out of 154 companies from the region. A total of 476 companies from around the world took part in the study.
Liew: ‘Team Setia has truly done us proud yet again.’
SP Setia president-cum-chief executive officer Tan Sri Liew Kee Sin said in an e-mail reply to StarBiz that one of the main reasons for the company's inclusion on the list was the level of commitment and engagement demonstrated by the staff at all levels.
He said this had enabled the company to achieve great results year after year in terms of sales, financial performance, awards and social responsibility.
“The Fortune article mentioned that you can't build a great business without nurturing great talent. I could not agree more and I'm truly delighted for SP Setia to be included in the company of global greats such as IBM, General Electric, Intel, McKinsey, China Vanke and Wipro, to name but a few.
“Team Setia has truly done us proud yet again and although we still have much to learn, this recognition will really spur us on to be even better than before,” Liew added.
He noted that although Malaysia had a brain drain problem, there was still talent waiting to be discovered. “We cannot try to hire ready-made talent all the time. We take the approach that if our people have the willingness and capacity to learn, we'll train and groom them to be the best they can be,” Liew said.
He said that since no one was perfect, it was also fortunate that everyone did not have the same strengths and weaknesses. “The key is to blend people with different abilities together so that one person's strength covers another's area of weakness and vice-versa. That way, as a team, we are much stronger than we are as individuals,” Liew explained.
Meanwhile, Aon Hewitt leadership consulting practice lead for South-East Asia, Hari Abburi, said the developer stood out for building a successful brand of Malaysian leaders that were global in outlook as well as having leadership focus at all levels, resulting in strong leadership pipeline for future growth.
He said the universal aspect of such companies was robust leadership development processes and practices across all levels of the organisation, with these practices being institutionalised over a long period of time.
“The Top Companies for Leaders are strong on business sustainability as an outcome of these leadership practices. These companies are seen to be strong brands because of the well-developed and institutionalised leadership practices,” Abburi added.
By The Star
Saturday, September 24, 2011
Mah Sing wins big at NST Property Awards
KUALA LUMPUR: Mah Sing Group Bhd won big at the NST Property Awards last night.
Group managing director/group chief executive Tan Sri Leong Hoy Kum was named Property Man of the Year and the group bagged the Best Lifestyle Developer award.
Held for the second time, the NST Property Awards saw the newspaper's property section, Property Times, honouring five nation builders at the Editor's Choice Awards.
The categories were Best Economic Redevelopment Zone, Best Broadband Utility, Best Property Management Company, Best Project Management Company and Best Real Estate Investment Trust. The recipients were Sepang Gold Coast, Telekom Malaysia Bhd, Sunrise Bhd, Andaman Property Management and Sunway Bhd respectively.
Meanwhile, the second S.C. Cheah Choice Awards, named after the veteran property journalist and NST Property Eyes columnist, saw 12 awards given out.
Recipients included Nadayu Melawati for Best Boutique Bungalow Development; K Residence KL for Best Luxury Residential Highrise Development; Ivory Properties Group Bhd for Best Penang Developer; Sagajuya (Sabah) Sdn Bhd for Best Sabah Developer; Superboom Projects Sdn Bhd for Best Perak Developer; Platinum Park for Best Iconic Development (by Naza TTDI Sdn Bhd); and The Haven Lakeside Residences for Best Resort Condominium (by The Haven Sdn Bhd).
By Business Times
Thursday, July 21, 2011
Sunway City - The most profitable company in the property and REIT sectors
From left to right: The Edge chairman Datuk Tong Kooi Ong; Minister at the Prime Minister's Department Yang Berhormat Datuk Seri Idris Jala; Sunway City Berhad director of strategic & corporate development Sarena Cheah and OCBC Bank (Malaysia) director and CEO Jeffrey Chew.
Sunway City Berhad (Sunway City) was recognized at the Edge Billion Ringgit Club Corporate Awards Gala Dinner 2011 as the most profitable company with highest return of equity over three years in the property and REIT sectors. Sunway City received the award from Minister at the Prime Minister’s Department, Yang Berhormat Datuk Seri Idris Jala who graced the prestigious event held at the Shangri-La.
The Edge Billion Ringgit Club (BRC) inductees are the best companies listed on Bursa Malaysia with at least RM1 billion in terms of market capitalisation on March 31 each year, or turnover for the immediate preceding year. Sunway City, Sunway Holdings Berhad and Sunway REIT are members of The Edge Billion Ringgit Club 2011. While membership in the Edge Billion Ringgit Club is automatically open to companies that meet the criteria, the awards are based on performance.
Sunway City was incorporated as a private limited company in Malaysia in 1982, and was converted to a public listed company in 1995 and currently has a market capitalization of over RM2.3 billion. Last year, Sunway City had made its mark in the industry by becoming the first integrated real estate conglomerate when it successfully listed Sunway REIT on the Main Market on the Bursa Malaysia – the largest REIT in Malaysia in terms of market cap and asset value. Today, it has a market capitalization of RM3.0 billion.
The company’s major financial achievements include a surge of 143% in share price from Jan 1 2007 to June 30 2011, from RM 2.21 to RM 5.38. Profit attributable to equity holders (PATMI) had increased from RM 155.8 mil in FYE 30 June 2007 to RM 542 mil in FYE 31 Dec 2010, while basic earnings per share increased from 35.19 sen in FYE 20 June 2007 to 115.32 sen in FYE 31 Dec 2010 representing a CAGR of over 40% p.a. Net assets per share grew from RM3.06 per share in FYE 30 June 2007 to RM 5.53 per share in FYE 31 Dec 2010 representing a CAGR of approx 20% p.a. It had rewarded its shareholders with the highest gross dividend declared since its listing amounting to 31 sen per share for FYE 31 Dec 2010.
“We are privileged indeed to receive this recognition which underscores Sunway City’s commitment to deliver and create value for our shareholders. We attribute our extraordinary performance to visionary leadership, perceptive and transparent corporate policies; as well as synergistic and passionate teamwork which compound the bulwark of the company’s continuous progress,” said Sunway City Berhad managing director - property investment Datuk Ngeow Voon Yean.
“Sunway City will continue to strive to perform all our economic functions in the most efficient and productive manner, employing optimal use of current technology. We will continue to protect our shareholder’s investments, and provide them a sustainable return, and give them confidence in our corporate governance through transparency and accountability,” said Sunway City Berhad managing director - property development, Malaysia Ho Hon Sang.
“The merger between Sunway City and Sunway Holdings will unlock even more value for all shareholders through the creation of a streamlined platform for expansion of the property and construction businesses, as well as realisation of synergies within the Group,” he added.
Sunway Berhad, as a result of the merger, is expected to be listed on the Main Market of Bursa Malaysia in August. The exercise will create a single, more sizeable integrated regional property-construction player which shall create economies of scale and synergies as well as greater brand clarity for going to market and to attract talent.
The new entity will be one of the largest property-construction players with strong presence in the region, with total assets amounting to RM7bil, a land bank of 2,200 acres with a total GDV of approximately RM 25bil and a market capitalization of over RM 3.5bil, propelling Sunway to be one of the top five property and construction companies listed on Bursa by market cap.
The enlarged entity will translate to an optimized access to capital markets through an expected increase in liquidity which will command greater investor interest. The company is also expected to enjoy lower financing cost with enhanced cash management. It’s larger and stronger balance sheet will also empower the Group to bid for larger and more profitable projects.
By The Star
Saturday, July 9, 2011
Mah Sing clinches two awards
KUALA LUMPUR: Mah Sing Group Bhd was named as "The Best of Asia" at the seventh Corporate Governance Asia Recognition Awards 2011 while its group managing director Tan Sri Leong Hoy Kum won the "Asian Corporate Director Recognition Award 2011".
"We place high priority in ensuring good governance in all areas of our operations, with appropriate control in place to ensure satisfactory levels of accountability and integrity, and we are honoured by these awards," Leong said in a statement yesterday.
"The Best of Asia" Corporate Governance Asia Recognition Awards are presented to top organisations in China, Hong Kong, India, Indonesia, Malaysia, South Korea, the Philippines, Singapore, Taiwan and Thailand.
Among the winning criteria include a publicly-acclaimed track record for corporate governance, disclosure, transparency and investors relations practices.
By Bernama
"We place high priority in ensuring good governance in all areas of our operations, with appropriate control in place to ensure satisfactory levels of accountability and integrity, and we are honoured by these awards," Leong said in a statement yesterday.
"The Best of Asia" Corporate Governance Asia Recognition Awards are presented to top organisations in China, Hong Kong, India, Indonesia, Malaysia, South Korea, the Philippines, Singapore, Taiwan and Thailand.
Among the winning criteria include a publicly-acclaimed track record for corporate governance, disclosure, transparency and investors relations practices.
By Bernama
Thursday, June 16, 2011
Dijaya’s condo named best high-rise project
PETALING JAYA: Dijaya Corp Bhd's golf-fronted luxury condominium development, Tropicana Grande, has been named the “Best Residential High-Rise Development” in Asia Pacific at the 2011 International Property Awards in Shanghai recently.
The development was also named the best residential high-rise development with the highest five-star rating in Malaysia in the competition held on May 31 in association with Bloomberg Television and Google.
Dijaya managing director Datuk Tong Kien Onn said in a statement yesterday that the awards were testimony to the company's efforts to create its Tropicana-branded products that offered buyers more than just properties, but also contemporary lifestyle living.
By The Star
The development was also named the best residential high-rise development with the highest five-star rating in Malaysia in the competition held on May 31 in association with Bloomberg Television and Google.
Dijaya managing director Datuk Tong Kien Onn said in a statement yesterday that the awards were testimony to the company's efforts to create its Tropicana-branded products that offered buyers more than just properties, but also contemporary lifestyle living.
By The Star
Wednesday, June 15, 2011
Dijaya’s Tropicana Grande named best in Asia Pacific
KUALA LUMPUR: DIJAYA CORPORATION BHD’s Tropicana Grande has been named the best residential high-rise development in Asia Pacific at the Asia Pacific Property Awards in Shanghai.
The Tropicana Grande, the golf-fronted luxury condominium, was also named the best residential high-rise development with the highest five-star rating in Malaysia in the competition held on May 31, 2011 in association with Bloomberg Television and Google.
In a statement Wednesday, June 15, Dijaya managing director Tong Kien Onn said the awards were testimony to the company’s efforts to create its Tropicana-branded products that offered buyers more than just properties, but also contemporary lifestyle living.
“We are honoured to win these awards and we attribute this success to all the employees of Dijaya for their passion, dedication and hard work as well as the trust which our customers have in our company,” he said.
The Asia Pacific Property Awards forms part of the International Property Awards which is the world’s most prestigious property competition covering residential and commercial categories and sets out to identify the very best real estate professionals across the globe.
The process involves a judging panel of over 50 experts chaired by Lord Bates of Langbaurgh and covers every aspect of the property business such as development, architecture, interior design and marketing.
By The EDGE Malaysia
The Tropicana Grande, the golf-fronted luxury condominium, was also named the best residential high-rise development with the highest five-star rating in Malaysia in the competition held on May 31, 2011 in association with Bloomberg Television and Google.
In a statement Wednesday, June 15, Dijaya managing director Tong Kien Onn said the awards were testimony to the company’s efforts to create its Tropicana-branded products that offered buyers more than just properties, but also contemporary lifestyle living.
“We are honoured to win these awards and we attribute this success to all the employees of Dijaya for their passion, dedication and hard work as well as the trust which our customers have in our company,” he said.
The Asia Pacific Property Awards forms part of the International Property Awards which is the world’s most prestigious property competition covering residential and commercial categories and sets out to identify the very best real estate professionals across the globe.
The process involves a judging panel of over 50 experts chaired by Lord Bates of Langbaurgh and covers every aspect of the property business such as development, architecture, interior design and marketing.
By The EDGE Malaysia
Friday, June 3, 2011
Encorp Strand bags another property award
KUALA LUMPUR: Encorp Strand, the flagship development of Encorp Bhd, has added another feather to its cap when it clinched the Highly Commended Award (Mixed-Used Development category for Malaysia) of the Asia Pacific Property Awards 2011.
Encorp executive chairman and group chief executive officer Senator Datuk Seri Effendi Norwawi said the award represents the hard work and commitment that have gone into the group's flagship development.
"Encorp Strand is a testament of our relentless pursuit of innovation and providing unbeatable quality, standard, value and services to all our customers, and the award certainly confirms this project's stature," he said in a statement.
Effendi received the award on behalf of the company at the high-profile presentation ceremony at Longemont Hotel in Shanghai, China, on Tuesday.
Encorp Strand was previously a winner of the inaugural The Edge-PEPS Value Creation Award 2010, an accolade for properties with the greatest value creation in terms of capital appreciation as well as sustaining value.
Encorp Strand comprises the fully completed and sold Business Suites, the iconic Red Carpet Boulevard, Garden Offices, The Mall and Residences. Collectively, these components offer a complete living, working, shopping, dining and entertainment experience.
Effendi said Encorp Strand is essentially a product of the group's commitment to innovation and quality for its customers.
"This is the Encorp experience, an experience that is anything but ordinary," he said.
Encorp Strand is easily accessible from Kuala Lumpur City Centre and the rest of Klang Valley via the DUKE highway, Damansara-Puchong Highway, the New Klang Valley Expressway, Middle Ring Road II and Penchala Link of the Sprint Expressway. It is about a 20-minute drive from the city centre.
By Business Times
Encorp executive chairman and group chief executive officer Senator Datuk Seri Effendi Norwawi said the award represents the hard work and commitment that have gone into the group's flagship development.
"Encorp Strand is a testament of our relentless pursuit of innovation and providing unbeatable quality, standard, value and services to all our customers, and the award certainly confirms this project's stature," he said in a statement.
Effendi received the award on behalf of the company at the high-profile presentation ceremony at Longemont Hotel in Shanghai, China, on Tuesday.
Encorp Strand was previously a winner of the inaugural The Edge-PEPS Value Creation Award 2010, an accolade for properties with the greatest value creation in terms of capital appreciation as well as sustaining value.
Encorp Strand comprises the fully completed and sold Business Suites, the iconic Red Carpet Boulevard, Garden Offices, The Mall and Residences. Collectively, these components offer a complete living, working, shopping, dining and entertainment experience.
Effendi said Encorp Strand is essentially a product of the group's commitment to innovation and quality for its customers.
"This is the Encorp experience, an experience that is anything but ordinary," he said.
Encorp Strand is easily accessible from Kuala Lumpur City Centre and the rest of Klang Valley via the DUKE highway, Damansara-Puchong Highway, the New Klang Valley Expressway, Middle Ring Road II and Penchala Link of the Sprint Expressway. It is about a 20-minute drive from the city centre.
By Business Times
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