More than 20 Malaysian developers will be honoured at an exclusive gala dinner later this month.
The finalists for the 2018 PropertyGuru Asia Property Awards (Malaysia) were announced on Wednesday (4 Apr), with over 20 accolades set to be handed out for the best developers and projects in Kuala Lumpur, Klang Valley, Penang and Iskandar.
Last year’s double winner LBS Bina Group collected the highest number of nominations this year at six. This is followed by Johor Land, OCR Group, Eastern & Oriental and Sime Darby Property, which are tied with three nominations each. Sime Darby Property also won the coveted Best Developer titles in Malaysia and in Southeast Asia two years ago.
The judging panel is led by Jones Lang Wootton’s executive director Prem Kumar, while Negeri Sembilan’s Tunku Ali Redhauddin ibni Tuanku Muhriz is the panel’s honourary president.
Other judges include REI Group CEO Dr. Daniele Gambero, Blaine Robert Design’s creative director Blaine Robert, Tan Chap & Associates senior associate Tan Hui Yin, Perunding ZNA managing director Ir. Dr. Zulhkiple A Bakar, Board of Architects and Town Planners member Boon Che Wee, Nawawi Tie Leung Real Estate Consultants senior manager Sr Low Han Hoe and Ar. Mustapha Kamal Zulkarnain, founder and principal of Arkitek Mustapha Kamal.
Sharing his outlook, Prem Kumar said: “The consensus today is that the Malaysian property market – specifically the residential and commercial sectors – is undergoing a period of consolidation. The stakeholders are all striving towards a quick recovery.”
PropertyGuru Asia Property Awards founder and managing director Terry Blackburn added: “This year’s crop of shortlisted nominees prove that despite market challenges and temporary downturns, developers who are truly invested in the success of the property sector deserved being celebrated.”
The prestigious event is supported by platinum sponsor Kohler, official portal partner PropertyGuru.com.my, media partners Prestige Malaysia, Top10 Malaysia and PropertyGuru Property Report. The Royal Institution of Chartered Surveyors also provided support, while BDO Malaysia supervised the tabulation.
The black-tie awards ceremony will be held at the ballroom of InterContinental Kuala Lumpur hotel on 26 April.
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Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email email@example.com