LEADING PROPERTY MARKETPLACES GATHER THE COUNTRY’S FINEST DEVELOPERS FOR A NIGHT OF CELEBRATION 

• Mah Sing Group Berhad is named Developer of the Year, among other titles
• Ten companies receive the People’s Choice Awards, as voted by property seekers throughout the country
• Tan Sri (Sir) Francis Yeoh Sock Ping PSM, KBE, executive chairman of YTL Corporation Berhad, accepts the Malaysia Real Estate Personality of the Year award

KUALA LUMPUR, Malaysia — 29 November 2022

PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading PropTech company, today unveiled the winners of the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my, supported by Kohler and Desjoyaux Pools.

The gala celebration, held at The Majestic Hotel Kuala Lumpur, the official venue of the Awards, presented the nation’s finest developers and projects across 55 titles, as chosen by the country’s most trusted property advisors and the public.

Mah Sing Group Berhad won Developer of the Year, the highest honour of 2022. The company also won titles for Best Affordable Homes Developer and Best Developer (Central Malaysia), in addition to Special Recognitions for CSR and in ESG and Sustainable Design and Construction.

Hailed the Best Developer (Southern Malaysia), Matrix Concepts Holdings Berhad also won three Special Recognitions as well as two titles for Bandar Sri Sendayan: Best Mega Township Development and Township Development of the Year. Clover @ Resort Residence, a new residential project by the company, won Best Lifestyle Landed Development.

WM Senibong Sdn Bhd was named Best Township Developer, supported by wins for multiple projects: Emerald Business Park, Crest@Austin; Lagoon Residences; and Ruby Terrace, Crest@Austin.

Other winners in the Developer categories were GuocoLand (Malaysia) Berhad, named Best Lifestyle Developer and honoured for the project Emerald 9; KCC Realty (Best Commercial Developer), also honoured for the project RiverCity Sky Residence; and CPI Land (Best Boutique Developer).

KL Wellness City Sdn Bhd received the title of Consumer Game Changer while SkyWorld Development Bhd was honoured as Visionary Developer. 

Sime Darby Property was another big winner at the celebration. The company garnered wins for multiple projects, namely East57, KL East, which won two titles that include Landed Development of the Year; Lot 15, Subang Jaya City Centre (SJCC); The Residences III at The Glades, Putra Heights; The Serenade at The Glades, Putra Heights; and XME Business Park, Nilai Impian. 

An independent panel of trusted leaders and experts provided their unbiased perspectives of the competitors during the Live Judging Days in July 2022. The panel of judges consist of Dato’ Sr. Lau Wai Seang, chairperson of the Awards in Malaysia and president of the Royal Institution of Surveyors Malaysia (RISM): 2017-2018; Chris Tia, vice-chairperson of the Awards in Malaysia and principal and managing partner of Tia & Noordin; Blaine Robert, CEO and creative director, Blaine Robert Design; Christophe Vicic, chief growth officer, JLL Property Services (M) Sdn Bhd; Dr. Daniele Gambero, president, Malaysia Proptech Association (MPA); Ho Chin Soon, chairman, Ho Chin Soon Research; Sr Engad Ravana, principal, ER Consult; Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022; Sr Low Han Hoe, senior manager, Investment & Agency, Nawawi Tie Leung Real Estate Consultants Sdn Bhd; Sr Michael Kong Kok Kee, president,​ Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS); Ar. Mustapha Kamal Zulkarnain, founder and principal, Arkitek Mustapha Kamal; Datin TPr. Hjh Noraida Saludin, president, Malaysian Institute of Planners (MIP); Ir. Ong Ching Loon, immediate past president, The Institution of Engineers Malaysia (IEM):2022-2024; Ar Dr Serina Hijjas, vice president, Malaysia Green Building Confederation (MGBC); Assoc. Prof. LAr. Dr. Suhardi Maulan, president, Institute of Landscape Architects Malaysia (ILAM); Tan Hui Yin, partner, Tan Chap & Associates; and Ir. Dr. Zulhkiple A Bakar, managing director, Perunding ZAB Sdn Bhd, John Ler and Kelvin Chew, international contact partner and managing partner of HLB Ler Lum Chew – HLB Malaysia, respectively, led the third-party team of supervisors who made the selection process as fair, credible and transparent as possible.

Property seekers in Malaysia also had the opportunity to select the 10 finest developers in the country. The People’s Choice Awards, decided by the public, went to CPI Land; GuocoLand (Malaysia) Berhad; Mah Sing Group Berhad; Matrix Concepts Holdings Berhad; Sime Darby Property; Sunrise MCL Land Sdn Bhd; Sunway Iskandar Sdn Bhd; Tropicana Corporation Berhad; UDA Holdings Berhad; and WCT Land Sdn Bhd. Results of the People’s Choice Awards were independently verified by PwC Malaysia.

The editorial team of Property Report by PropertyGuru, the official magazine of the Awards, continued their annual tradition of choosing the recipient of the Malaysia Real Estate Personality of the Year award. This year, the prestigious title was awarded to Tan Sri (Sir) Francis Yeoh Sock Ping PSM, KBE, executive chairman of YTL Corporation Berhad.

The combined efforts of Malaysia’s leading property marketplaces, PropertyGuru.com.my and iProperty.com.my, made the 2022 gala celebration possible. Hari V. Krishnan, CEO and managing director of PropertyGuru Group, said: “Congratulations to the winners of our Awards in Malaysia. We’re glad to have seen two strong brands, PropertyGuru Malaysia and iProperty.com.my, come together and set a single benchmark of excellence in real estate development and design. The union of Malaysia’s leading property marketplaces has truly given us an opportunity to create what’s next in serving the nation’s property seekers better.”

Major winners from Malaysia now qualify to vie for the Best in Asia honours at the 17th PropertyGuru Asia Property Awards Grand Final, which will be hosted in Bangkok on 9 December. The 2022 PropertyGuru Asia Real Estate Summit, the thought leadership platform of PropertyGuru Group, will take place on 8 December.

The 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my is supported by gold sponsor Kohler; silver sponsor Desjoyaux Pools; official portal partners PropertyGuru.com.my and iProperty.com.my; official venue The Majestic Hotel Kuala Lumpur; official channel partner History; official magazine Property Report by PropertyGuru; official PR partner Klareco Communications; media partners Kopiandproperty.com, Luxuo, Penang Property Talk, Palace, The Grid, Top 10 of Malaysia, and Yacht Style; official ESG partner Baan Dek Foundation; People’s Choice Awards official voting partner PwC Malaysia; and official supervisor HLB.

For more information, email [email protected] or visit the official website: AsiaPropertyAwards.com.

FULL LIST OF WINNERS

9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my 2022

DEVELOPER AWARDS

Developer of the Year

WINNER: Mah Sing Group Berhad

Best Developer (Southern Malaysia)

WINNER: Matrix Concepts Holdings Berhad

Best Developer (Central Malaysia)

WINNER: Mah Sing Group Berhad

Best Township Developer

WINNER: WM Senibong Sdn Bhd

Best Commercial Developer

WINNER: KCC Realty

Best Lifestyle Developer

WINNER: GuocoLand (Malaysia) Berhad

Best Boutique Developer

WINNER: CPI Land

Best Affordable Homes Developer

WINNER: Mah Sing Group Berhad

DEVELOPMENT AWARDS

Best Mega Township Development

WINNER: Bandar Sri Sendayan by Matrix Concepts Holdings Berhad

Best Mid Size Township Development

WINNER: Tamansari by BRDB   

Best Waterfront High-Rise Development         

WINNER: E’Island Lake Haven Residence by GBG Property           

Best Waterfront Landed Development

WINNER: The Residences III at The Glades, Putra Heights by Sime Darby Property

Best Smart Home Development

WINNER: One East @ Damansara by CK East Group

Best Integrated Work From Home Development

WINNER: Pisonia Ville by UDA Holdings Berhad

Best Investment High-Rise Development

WINNER: Beacon Executive Suites by Aspen Group          

Best Lifestyle High-Rise Development

WINNER: Parc3 by Eupe Corporation Berhad

Best Lifestyle Landed Development

WINNER: Clover @ Resort Residence by Matrix Concepts Holdings Berhad

Best Connectivity Landed Development

WINNER: Senadi Hills by UEM Sunrise Berhad

Best Secure High-Rise Development

WINNER: 38 Bangsar Residensi by UDA Holdings Berhad

Best Value Waterfront High-Rise Development

WINNER: Residensi Bintawa Riverfront by Perbadanan PR1MA Malaysia

Best Value Landed Development

WINNER: Arden Hill by Sunrise MCL Land Sdn Bhd

Best Value High-Rise Development     

WINNER: Vierra Residence @ Kinrara, KL by Fajarbaru Land

Best Completed High-Rise Development

WINNER: Lot 15, Subang Jaya City Centre (SJCC) by Sime Darby Property

Best Luxury High-Rise Development (Central)

WINNER: Conlay by Eastern & Oriental Berhad 

Best High End Landed Development (Central)

WINNER: East57, KL East by Sime Darby Property

Best High End Low-Rise Development (Central)

WINNER: The Serenade at The Glades, Putra Heights by Sime Darby Property

Best Mid End High-Rise Development (Central)

WINNER: The Pulse Residence by BRDB

Best Mass Market High-Rise Development (Central)

WINNER: J.Satine by Gandingan Jakel

Best Mass Market Landed Development (Central)

WINNER: Mutiara Hills, Semenyih by Boustead Properties Berhad             

Best Township Development (Southern)

WINNER: Taman Sutera Utama by Tanah Sutera Development Sdn Bhd

Best Luxury Landed Development (Southern)

WINNER: The Woodlands by Horizon Hills

Best High End Landed Development (Southern)

WINNER: Lagoon Residences by WM Senibong Sdn Bhd

Best Mass Market High-Rise Development (Southern)

WINNER: Residensi Larkin Indah by Perbadanan PR1MA Malaysia

Best Mass Market Landed Development (Southern)

WINNER: Ruby Terrace, Crest@Austin by WM Senibong Sdn Bhd

Best Mass Market High-Rise Development (Northern)

WINNER: Residensi Pauh Permai by Perbadanan PR1MA Malaysia

Best Mass Market Landed Development (Northern)

WINNER: Taman Tualang Sekah Fasa 2 by Mimbar Nusantara Holdings Sdn. Bhd.             

Best Mixed Use Development

WINNER: KL Wellness City by KL Wellness City Sdn. Bhd.

Best Industrial Development   

WINNER: XME Business Park, Nilai Impian by Sime Darby Property

Best Smart Building Development  

WINNER: Emerald 9 by GuocoLand (Malaysia) Berhad

DESIGN AWARDS

Best High-Rise Architectural Design

WINNER: RiverCity Sky Residence by KCC Realty

Best Low-Rise Architectural Design

WINNER: One East @ Damansara by CK East Group

Best Landed Architectural Design

WINNER: Seri Austin Heights by Aksi Sepakat Sdn Bhd 

Best Commercial Landscape Architectural Design

WINNER: Emerald Business Park, Crest@Austin by WM Senibong Sdn Bhd

Best Retail Architectural Design

WINNER: Sutera Square by Tanah Sutera Development Sdn Bhd

Best Co-Working Space

WINNER: Infinity8 Reserve JBCC by Infinity Group

DEVELOPMENT OF THE YEAR AWARDS

Township Development of the Year

WINNER: Bandar Sri Sendayan by Matrix Concepts Holdings Berhad

Landed Development of the Year

WINNER: East57, KL East by Sime Darby Property

High-Rise Development of the Year    

WINNER: Parc3 by Eupe Corporation Berhad      

PORTAL AWARDS

Consumer Game Changer

WINNER: KL Wellness City Sdn Bhd

Visionary Developer

WINNER: SkyWorld Development Bhd

SPECIAL AWARDS

Special Recognition for CSR      

WINNER: Lagenda Properties Berhad

WINNER: Mah Sing Group Berhad

WINNER: Matrix Concepts Holdings Berhad

Special Recognition in ESG

WINNER: GuocoLand (Malaysia) Berhad

WINNER: Lagenda Properties Berhad

WINNER: Mah Sing Group Berhad

WINNER: Matrix Concepts Holdings Berhad

Special Recognition in Sustainable Design and Construction

WINNER: Mah Sing Group Berhad

WINNER: Matrix Concepts Holdings Berhad

PEOPLE’S CHOICE AWARDS

WINNER: CPI Land

WINNER: GuocoLand (Malaysia) Berhad

WINNER: Mah Sing Group Berhad

WINNER: Matrix Concepts Holdings Berhad

WINNER: Sime Darby Property

WINNER: Sunrise MCL Land Sdn Bhd

WINNER: Sunway Iskandar Sdn Bhd

WINNER: Tropicana Corporation Berhad

WINNER: UDA Holdings Berhad

WINNER: WCT Land Sdn Bhd

PUBLISHER’S CHOICE

Malaysia Real Estate Personality of the Year

WINNER: Tan Sri (Sir) Francis Yeoh Sock Ping PSM, KBE, Executive Chairman, YTL Corporation Berhad         

–END–

NOTE: Use of the PropertyGuru Asia Awards Malaysia with iProperty.com.my logo is limited to the publication of this article only.

PROPERTYGURU CONTACTS:

ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:

PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair and transparent. 

In 2022, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2022. 

For more information, please visit AsiaPropertyAwards.com

ABOUT PROPERTYGURU GROUP:

PropertyGuru is Southeast Asia’s leading¹ PropTech company, and the preferred destination for over 44 million property seekers⁷ to find their dream home, every month. PropertyGuru empowers property seekers with more than 3.5 million real estate listings⁸, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, Indonesia, and Vietnam.

PropertyGuru.com.sg was launched in Singapore in 2007 and since then PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio of leading property marketplaces across its core markets; award-winning mobile apps; mortgage marketplace, PropertyGuru Finance; and a host of enterprise solutions now under PropertyGuru For Business, including a high-quality developer sales enablement platform, FastKey, DataSense, ValueNet, Awards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.

¹ Based on SimilarWeb data between April 2022 and September 2022.

² The third quarter and first nine months ended September 30, 2022 includes results of the iProperty Malaysia and thinkofliving businesses which were acquired on August 3, 2021. 

³ Included in the S$13.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2022 was a S$4.9 million depreciation and amortization expense.

⁴ Included in the S$8.2 million of adjustments between net loss and Adjusted EBITDA in the third quarter of 2021 were a S$3.9 million depreciation and amortization expense and a S$3.0 million net finance expense.

⁵ Based on SimilarWeb data between April 2022 and September 2022.

⁶ Does not include impact of Sendhelper acquisition in October 2022.

⁷ Based on Google Analytics data between April 2022 and September 2022.

⁸ Based on data between April 2022 and September 2022.