The 11th PropertyGuru Asia Awards Malaysia, in partnership with iProperty, took center stage at The St. Regis Kuala Lumpur to celebrate Malaysia’s most exemplary real estate developers. With 58 categories covering a wide array of property developments and initiatives, the event brought together industry experts, property seekers, and thought leaders to acknowledge significant advancements in the fields of design, innovation, and ESG (Environmental, Social, and Governance) standards.

AME Development Wins Best Developer (Malaysia)

In a first for the awards, AME Development Sdn Bhd earned the prestigious Best Developer (Malaysia) title, along with Best Industrial Developer and Best Sustainable Developer. These awards reinforce AME Development’s role as a pioneer in combining industrial innovation with sustainability, showcasing the company’s commitment to responsible property development.

The event also recognised regional champions, with Malton Berhad taking home Best Developer (Central Malaysia), driven by standout projects Bukit Jalil City and The Park 2 Pavilion Bukit Jalil. In southern Malaysia, Berinda Group was awarded Best Developer (Southern Malaysia), highlighting its work on Ponderosa Callista, a project known for its design and community focus.

Spotlight on ESG Champions

This year, the awards introduced ESG Developer Awards, marking a significant milestone by formally acknowledging developers committed to environmental and social responsibility. Iskandar Investment Berhad was named Low Carbon Champion for its strides in sustainable urban planning, while Tanah Sutera Development Sdn Bhd shared the Social Impact Champion title with Iskandar Investment, both celebrated for their contributions to community development.

In another landmark achievement, Lendlease & TRX City Sdn Bhd jointly won the Sustainable Design Champion award for their TRX Residences project, which also took home Best High-Rise Development (Malaysia). TRX Residences sets a new standard in sustainable high-rise development and exemplifies how ESG principles can transform urban living.

Sime Darby Property Berhad also emerged as a major winner, earning the Best Landed Development (Malaysia) title for The Residences III at The Glades. The company’s commitment to quality was further showcased with awards for projects like Hype Residences, Serenia City, Serenia Industrial Park, The Serenade at The Glades, and Triara Residences.

Recognising Malaysia’s Best Developers

Malaysia’s top developers were celebrated across diverse categories. GSH Corporation Limited was awarded Best Luxury Developer, with its Coral Bay @ Sutera project lauded for its unique design and high-end appeal. Astaka Padu Sdn Bhd was named Best Lifestyle Developer for Aliva Mount Austin, and Matrix Concepts Holdings Berhad was recognised as Best Community Developer for creating socially connected communities through projects like Bayu Sutera, Bandar Sri Sendayan, and Resort Villa, Bandar Sri Sendayan.

The People’s Choice Awards enabled the public to vote for their favourite developers, showcasing the companies that resonated most with property seekers. This year’s top 10, in alphabetical order, included Armani Group, Gunung Impian Development Sdn Bhd, Mah Sing Group Berhad, Malton Berhad, Matrix Concepts Holdings Berhad, PKNS, Sime Darby Property Berhad, Teladan Group Berhad, Tropicana Corporation Berhad, and UDA Holdings Berhad. HLB Ler Lum Chew – HLB Malaysia, the official balloting partner, independently verified the results of the public vote.

Industry Leaders Applaud Property Excellence

Jeremy Williams, Managing Director, Marketplaces, PropertyGuru Group, lauded the winners for their contributions to Malaysia’s property sector. “Malaysia’s finest developers have introduced communities and projects that champion environmental stewardship, spur economic growth, and promote property ownership opportunities across diverse market segments,” he said. “The achievements of this year’s winning developers support a property market increasingly driven by social awareness and positive change.”

Kenneth Soh, Country Manager for Malaysia at PropertyGuru Group, congratulated the award recipients for aligning with market needs and gaining expert validation. “Our award-winning companies have captured the pulse of Malaysia’s property seekers and uplifted communities while making an impact on consumers and investors,” he said.

Datuk Ar. Ezumi Harzani Ismail, chairperson of the awards, celebrated the honourees for their commitment to innovation and sustainability, saying, “Whether it’s developing the cities of tomorrow or promoting homeownership with competitively priced homes, these fine developers are paving the way for a more accessible property market.”

In a special recognition, Dato’ Tengku Ab. Aziz Tengku Mahmud, CEO of PNB Merdeka Ventures, received the Malaysia Real Estate Personality of the Year award from the editorial team of Property Report by PropertyGuru, celebrating his impactful contributions to the Malaysian real estate landscape.

Judging Transparency and Regional Reach

Winners were selected by an independent panel of expert judges, including prominent industry figures from architecture, planning, and green building sectors. HLB Ler Lum Chew – HLB Malaysia, under the leadership of Managing Partner Kelvin Chew, supervised the judging process to ensure transparency and objectivity. With their national recognition, Malaysia’s winning companies are now eligible to compete at the 19th PropertyGuru Asia Property Awards Grand Final in Bangkok on December 13, 2024, vying for a place on the international stage.

The 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty was organised by PropertyGuru Group (NYSE: PGRU), a leading property technology company in Southeast Asia. The event was made possible with the collaboration of official portal partners PropertyGuru.com.my and iProperty.com.my; ESG knowledge partners GreenRE and the Malaysia Green Building Council; official magazine Property Report by PropertyGuru; media partners Kopi & Property, Marketing In Asia, Niaga Times, Penang Property Talk, The Grid Asia, The Malaysia Voice, and Top 10 Malaysia; supporting partner REHDA Institute; and official supervisor HLB.

COMPLETE LIST OF WINNERS

11th PropertyGuru Asia Awards Malaysia in partnership with iProperty

DEVELOPER AWARDS

Best Developer (Malaysia)
WINNER: AME Development Sdn Bhd

Best Developer (Central Malaysia)
WINNER: Malton Berhad

Best Developer (Southern Malaysia)
WINNER: Berinda Group

Best Luxury Developer
WINNER: GSH Corporation Limited

Best Industrial Developer
WINNER: AME Development Sdn Bhd

Best Sustainable Developer
WINNER: AME Development Sdn Bhd

Best Lifestyle Developer
WINNER: Astaka Padu Sdn Bhd

Best Community Developer
WINNER: Matrix Concepts Holdings Berhad

THE ESG DEVELOPER AWARDS

Low Carbon Champion
WINNER: Iskandar Investment Berhad

Social Impact Champion
WINNER: Tanah Sutera Development Sdn. Bhd.
WINNER: Iskandar Investment Berhad

Sustainable Design Champion
WINNER: Lendlease & TRX City Sdn Bhd

DEVELOPMENT AWARDS

Best Mega Township Development
WINNER: Serenia City by Sime Darby Property Berhad

Best Township Development (Central)
WINNER: Bukit Jalil City by Malton Berhad

Best Township Development (Southern)
WINNER: Horizon Hills by Horizon Hills Development Sdn Bhd

Best Mixed Use Development
WINNER: Quayside JBCC by Bangsar Heights Pavilion

Best Integrated Development
WINNER: Coronation Square by Coronade Properties Sdn Bhd

Best Luxury High-Rise Development (Central)
WINNER: TRX Residences by Lendlease & TRX City Sdn Bhd

Best Luxury High-Rise Development (Southern)
WINNER: R&F Princess Cove Phase 2 – Seine Region by R&F Development Sdn Bhd

Best Completed High-Rise Development
WINNER: The Park 2 Pavilion Bukit Jalil by Malton Berhad

Best High End High-Rise Development (Southern)
WINNER: Adison by WCT Green Sdn Bhd

Best Branded Residential Development
WINNER: Quayside JBCC by Bangsar Heights Pavilion

Best Premium Lifestyle High-Rise Development
WINNER: Aliva Mount Austin by Astaka Padu Sdn Bhd

Best Investment High-Rise Development
WINNER: Paragon Gateway by Joland Group

Best Mid End High-Rise Development (Central)
WINNER: Helix2 @ PJ South by Eupe Corporation Berhad

Best Eco Friendly High-Rise Development
WINNER: Alfa Bangsar by City Motors Group

Best Waterfront High-Rise Development
WINNER: Coral Bay @ Sutera by GSH Corporation Limited

Best Secure High-Rise Development
WINNER: The Serenade at The Glades by Sime Darby Property Berhad

Best Multigenerational Living High-Rise Development
WINNER: Radium Adesa by Radium Development Berhad

Best Lifestyle High-Rise Development
WINNER: Triara Residences by Sime Darby Property Berhad

Best Connectivity High-Rise Development
WINNER: Hype Residences by Sime Darby Property Berhad

Best Smart Home Landed Development
WINNER: Sanubari @ Bandar Dato Onn by JLand Group Sdn Bhd

Best High End Landed Development (Central)
WINNER: Resort Villa, Bandar Sri Sendayan by Matrix Concepts Holdings Berhad

Best High End Landed Development (Southern)
WINNER: Sutera Garden Village by Tanah Sutera Development Sdn. Bhd.

Best Value Mid-Rise Development
WINNER: The Senai Garden by KCC Development (M) Sdn Bhd

Best Value Landed Development
WINNER: St Marco Park by Casa Bayu Idaman Sdn Bhd

Best Investment Landed Development
WINNER: Iconia Garden Residence by Gunung Impian Development Sdn Bhd

Best Multigenerational Living Landed Development
WINNER: The Residences III at The Glades by Sime Darby Property Berhad

Best Lifestyle Landed Development
WINNER: Bayu Sutera, Bandar Sri Sendayan by Matrix Concepts Holdings Berhad

Best Mass Market Landed Development (Central)
WINNER: Avisa Residences, Tropicana Alam by Tropicana Corporation Berhad

Best Mass Market Landed Development (Southern)
WINNER: Taman Bertam Heights by Teladan Group Berhad

Best Mass Market Landed Development (Northern)
WINNER: Villa Natura by Eupe Corporation Berhad

Best Senior Living Development
WINNER: Eden at Botanica CT by Eden at Botanica CT Sdn Bhd

Best Industrial Development
WINNER: Serenia Industrial Park by Sime Darby Property Berhad

Best Office Development
WINNER: The MET Corporate Towers by Triterra Sdn Bhd

DESIGN AWARDS

Best Township Masterplan Design
WINNER: Medini Innopolis by Iskandar Investment Berhad

Best Mixed Use Architectural Design
WINNER: Quayside JBCC by Bangsar Heights Pavilion

Best High-Rise Architectural Design
WINNER: TRX Residences by Lendlease & TRX City Sdn Bhd

Best Landed Architectural Design
WINNER: Ponderosa Callista by Berinda Group

Best Landed Interior Design
WINNER: Ixora by Perbadanan Kemajuan Negeri Selangor (PKNS)

Best Landed Landscape Design
WINNER: Ixora by Perbadanan Kemajuan Negeri Selangor (PKNS)

Best Clubhouse Design
WINNER: Sutera Garden Village by Tanah Sutera Development Sdn. Bhd.

BEST OF MALAYSIA AWARDS

Best Township Development (Malaysia)
WINNER: Horizon Hills by Horizon Hills Development Sdn Bhd

Best High-Rise Development (Malaysia)
WINNER: TRX Residences by Lendlease & TRX City Sdn Bhd

Best Landed Development (Malaysia)
WINNER: The Residences III at The Glades by Sime Darby Property Berhad

Best Commercial Development (Malaysia)
WINNER: The MET Corporate Towers by Triterra Sdn Bhd

Best Designed Development (Malaysia)
WINNER: Quayside JBCC by Bangsar Heights Pavilion

PEOPLE’S CHOICE AWARDS

WINNER: Armani Group
WINNER: Gunung Impian Development Sdn Bhd
WINNER: Mah Sing Group Berhad
WINNER: Malton Berhad
WINNER: Matrix Concepts Holdings Berhad
WINNER: Perbadanan Kemajuan Negeri Selangor (PKNS)
WINNER: Sime Darby Property Berhad
WINNER: Teladan Group Berhad
WINNER: Tropicana Corporation Berhad
WINNER: UDA Holdings Berhad

PUBLISHER’S CHOICE 

Malaysia Real Estate Personality of the Year
WINNER: Dato’ Tengku Ab. Aziz Tengku Mahmud, CEO of PNB Merdeka Ventures

Taman Aman Permai, a gated and guarded residential development by Thunderflash Realty Sdn. Bhd., strategically located in Bukit Mertajam along Jalan Bukit Minyak. The development offers convenient access to nearby amenities, being just minutes away from AEON Big hypermarket in Bukit Minyak. It is also approximately 5km from Bukit Mertajam town center and 10km from the Penang Bridge.

This development features 65 units of 2-storey terrace homes and 2 units of 2-storey semi-detached houses. The terrace homes offer spacious layouts, with land sizes starting from 21′ x 57′, while the semi-detached units provide even more room, with land sizes beginning at 35′ x 76′.

Project Name: Taman Aman Permai
Location : Bukit Minyak
Property Type : Residential
Total Units : 65 (terrace), 2 (semi-detached)
Built-up Size: (to be confirmed)
Land Size: 21′ x 57′ (terrace), 35′ x 76′ (semi-detached)
Land Tenure : Freehold
Indicative Price : RM779,000 onwards
Developer: Thunderflash Realty Sdn. Bhd.

The launch of Northern TechValley@BKE marks a transformative step in Penang’s industrial landscape. Officially unveiled today, this 176-acre industrial park aims to strengthen Penang’s reputation as a hub for high-tech manufacturing and innovation. The project, developed by Suling Hill Development—a joint venture between AME Elite Consortium Berhad and Majestic Gen—has a projected gross development value (GDV) of RM1.3 billion. During the launch at The Light Hotel, Penang Chief Minister Chow Kon Yeow praised the project’s vision, describing it as a “milestone in Penang’s industrial journey” and an essential step towards establishing the state as a future-forward center for high-tech excellence.

Northern TechValley@BKE is designed to support a wide range of high-value industries, including pharmaceuticals, medical technology, and research and development in advanced technologies. The project aligns closely with Penang’s SEED (Strategy for Economic Ecosystem Development) initiative, which is focused on elevating high-value manufacturing sectors such as electronics, semiconductors, and medical technology. This alignment positions the park to not only attract top-tier industries but also reinforces Penang’s standing as a critical economic powerhouse in Malaysia. For more than 50 years, Penang has led Malaysia’s industrial landscape, attracting significant foreign direct investment (FDI) and fostering a highly skilled workforce.

In addition to its industrial capacities, Northern TechValley@BKE is designed as a sustainable, integrated ecosystem, emphasizing a balance between economic growth and environmental responsibility. The park’s layout includes an Industrial Garden Landscape Concept, complemented by aspirations for GreenRE certification, demonstrating a commitment to eco-friendly growth. The development plans also feature lifestyle amenities, recreational spaces, and employee accommodations, all contributing to a balanced environment that benefits both businesses and their workforces. This concept aligns with Penang2030’s vision of harmonizing economic progress with environmental stewardship.

Construction is already underway, with earthworks beginning in August 2024, and building construction scheduled to start in early 2025. The full development is projected for completion by 2029, reflecting both investor confidence and a commitment to timely, sustainable industrial growth. As Northern TechValley@BKE progresses, it signals a promising new era in Penang’s journey as an industrial leader, bringing together advanced technologies, a skilled workforce, and eco-friendly practices to bolster Penang’s role on the global stage.

About Terraces Condominium

A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from.

*Photo taken in Sept 2024

Find out more about Terraces Condominium

MKS Instruments Inc (MKS), a global technology solutions provider, is investing US$100 million to establish aa super centre factory in Batu Kawan. This facility will support wafer fabrication equipment production for regional and global markets.

MKS Executive Vice-President David Henry announced that the factory will be developed in three phases, with the first phase scheduled for completion in the first half of 2026. The 500,000-square-foot facility, situated on a 6.88-hectare plot, is expected to create around 1,000 jobs.

Speaking at the groundbreaking ceremony, Henry highlighted Penang’s strategic advantages, including its strong semiconductor ecosystem, proximity to customers and suppliers, and advanced technology infrastructure. He said, “Expanding into Penang strengthens our global footprint and enhances our capabilities in semiconductor manufacturing applications.”

Bukit Tambun state assemblyman Goh Choon Aik, who also serves as InvestPenang’s director, officiated the ceremony. He emphasized Penang’s position as a preferred destination for electronics and electrical investments in Southeast Asia. “With five decades of industrialization and a reputation for technological excellence, Penang continues to attract global investors,” Goh said.

Also present at the event were the United States Embassy’s Commercial Counsellor, Francis Peters, and InvestPenang CEO, Datuk Loo Lee Lian.

MKS Instruments’ decision to expand into Penang underscores the state’s growing appeal to high-tech industries and strengthens its role as a key player in the global semiconductor supply chain.