Year after year, property developers work creatively hard with their fellow architects, designers and other colleagues to create new and innovative residential and commercial properties for the benefit of homebuyers and investors. This may seem like an easy task for the less experienced, but it actually takes a lot of planning, creative juices and research to understand the needs and the wants of the public at large.
Understanding their struggles and praising them for their successful accomplishments, the Property Insight Prestigious Developer Awards was born five years ago. The fifth instalment of this awards was held on the evening of 3rd May 2019 at Shangri-La Hotel. The awards serve as a benchmark for local property developers to strive for, and as a celebratory occasion to recognise the accomplishments in the property sector leading up to the event.
The PIPDA award ceremony/gala dinner is supported by the Ministry of Housing & Local Government (KPKT). Gracing the gala dinner and award ceremony with his presence was YBM Senator Dato’ Raja Kamarul Bahrin Shah Raja Ahmad, the Deputy Minister of Housing & Local Government.
PIPDA is one of the largest, most prestigious, and widely recognised awards programmes throughout Malaysia, and it functions as a tribute to the continually evolving property landscape here in Malaysia.
“This year’s award ceremony will be bigger, better and grander than what we have previously accomplished,” commented Dato’ KK Chua, managing director and editor-in-chief of Property Insight.
In his opening speech, YBM Senator Dato’ Raja Kamarul Bahrin also shared, “In a time where there are many uncertainties in the market, there is one thing that I am certain about – Industry members who are able to adapt to these changes, and answer the market demands will go a long way in the industry. It is important to build the right product for the right customers, and the local ministry is making efforts trying to help solve the housing oversupply issue as well.”
Several notable award recipients for this year’s PIPDA include Matrix Concepts Holdings Berhad, United Malayan Land Berhad, LBS Bina Group Berhad, Malaysian Resources Corporation Berhad, Mah Sing Group Berhad, UEM Sunrise Berhad, IOI Properties Group Berhad, Sime Darby Property Berhad as well as Sunway Integrated Properties Sdn Bhd. Mah Sing Group has gone on a trailblazing spree, nabbing the “Top 10 Developer” award for the fifth consecutive year since 2015.
The key driving factor behind PIPDA is to recognise innovation and outstanding achievements committed by individuals, groups or even sector projects in the industry.
The awards are strictly audited by HML & Co. Chartered Accountants while this year’s judging lineup included Eric Lim, President of Malaysian Institute of Estate Agents (MIEA), Datuk Paul Khong, Managing Director of Savills Malaysia, Ar Ezumi Harzani, President of Pertubuhan Arkitek Malaysia (PAM), Dr Dolf de Roos, New York Times and Wall Street Journal Bestselling Author and Dr Suhardi Maulan, President of Institute of Landscape Architect of Malaysia (ILAM).
“With this award, I hope that the development standards for Malaysian properties can go nowhere but up from here. I would like to congratulate all the award recipients for tonight, and please look forward to next year’s PIPDA as well,” said Dato’ KK Chua.
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