LBS Bina Group crowned Malaysia’s Best Developer

Romesh Navaratnarajah27 Apr 2018

More than 20 awards were handed out to developers with outstanding projects across Malaysia.

LBS Bina Group was named the Best Developer at the PropertyGuru Asia Property Awards (Malaysia) held at the InterContinental Kuala Lumpur hotel on Thursday evening (26 Apr).

This marks the first time that the company received top honours at the prestigious event after taking home two accolades last year.

More: Demand Remains High For Malaysian Property

“Following a highly successful year that marked its highest sales achievement on record despite very challenging market conditions, LBS Bina Group deservedly warrants recognition and praise from the industry, as well as from consumers who enjoy their quality townships and mass market developments,” said the judging panel.

Other big winners at the Awards, which was attended by some 350 guests, included OCR Group unit OCR Land Holdings, which was named Best Boutique Developer.

The editors of PropertyGuru Property Report magazine also chose UEM Sunrise managing director and CEO Anwar Syahrin Abdul Ajib as Malaysia’s Real Estate Personality of the Year for his contributions to the country’s property market.

“With masterfully-designed projects such as the award-winning Almás @ Puteri Harbour mixed-use development in Johor, Anwar’s team remains committed to the development of Malaysia’s southern region with their range of affordable and high-end properties,” the editors said.

Overall, more than 20 awards were handed out to developers with outstanding projects in Kuala Lumpur, Klang Valley, Penang and Iskandar Malaysia.

In his keynote speech, PropertyGuru Group CEO Hari V. Krishnan congratulated the winners and highly commended recipients for their hard work to build top-notch projects despite the challenging market conditions.

“All the shortlisted Malaysian developers have demonstrated ambition, quality talent and passion. Through a rigorous, supervised judging process that sets the awards apart, we are proud to award these outstanding teams as they pursue greatness and elevate industry standards ultimately for the benefit of consumers. They are a true example of excellence in any industry, and we’re proud to stand by them,” he said.

Read the full list of winners and highly commended recipients here.

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Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg

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