New Straits Times, 24 June 2011 – Malaysian developers among the region's best

New Straits Times, 24 June 2011

This year's Asia Pacific Property Awards held in China saw 22 local companies doing the country proud

Testament to the fact that Malaysian property developments have risen to be among the best in the region can be found at the recent Asia Pacific Property Awards.

Held as part of the International Property Awards which is now in its 17th consecutive year, the awards drew developers from 21 countries around the region.

"Asia Pacific is rapidly becoming the driving force behind the world's economies, resulting in companies as well as individual investors looking East to seek lucrative opportunities within the property market," said Helen Shield, chair of the judging committee.

"Even those entering for the first time out forward extremely strong representations for their respective companies and countries."

She pointed out that the Asia Pacific Property Awards held in association with Bloomberg Television has an important mission in its endeavour to "identify and spotlight the region's most outstanding residential and commercial property companies".

"Later this year, top-scoring winners from the Asia Pacific Property Awards will compete against other winning companies from Europe, Africa, the Americas and Arabia to find the ultimate World's Best in each category.

"The final results will be revealed at London's Savoy Hotel on Dec 12," she said.

Among the judges for the year are Christopher Hall, president of the International Real Estate Federation (Fiabci), David Dalby of the Royal Institute of Chartered Surveyors (RICS), Rebecca Johnson of Bloomberg TV and Ben Wood, Head of Property Markets, Google UK.

The gala dinner to recgnise the most outstanding entries of the Asia Pacific Property Awards was held at the end of last month at the prestigious Longemont Hotel in Shanghai, China.

During the black-tie affair, Malaysian developers took to the stage to receive awards in virtually all the major award categories open for contest.

The categories were in Apartment (where of the total 19 awards given out , Malaysian developers won a Five-Star and three recommendations), Development of Multiple Units (total 13 awards, Malaysia took home two Five-star and two high commendations), Leisure

Development (total three, Malaysia - one high commendation), Mixed-use Development (total 11, Malaysia three high commendations and a Regional Win), Office Development (total nine, Malaysia one high commendation), Property - Single Unit (total four, Malaysia two

high commendations), Retail Development (total eight, Malaysia one high commendation) and Residential Highrise Development (total 13, Malaysia two high commedations and a Regional Win).

In the Commercial Highrise Development and Industrial Development categories, two Malaysian companies also emerged Five-Star Regional Winners.

In evaluating the entries, the awards judging committee broke each down into sections and allocated points based on a set criteria.

The company scoring more than 75 per cent were then given the Five-Star award, while those scoring above 60 per cent were bestowed the highly commended awards.

The winners from each country are rejudged and may be shortlisted for a Best International Award.

In this Special Issue, dedicated to the Asia Pacific Property Awards, we highlight some of the Malaysian victors.

Here's to them doing the nation even prouder at the end of this year.