The Edge Malaysia Best Managed & Sustainable Property Awards entered its eighth edition this year, with a record number of submissions received from across Peninsular Malaysia, Sabah and Sarawak.

Driving value creation and sustainability

The Edge Malaysia Best Managed & Sustainable Property Awards (BMSPA) are back for the eighth instalment this year. The awards seek to recognise and celebrate real estate that is managed with excellence and sustainability.

Honouring the nation’s best managed and sustainable properties

The Edge Malaysia Best Managed & Sustainable Property Awards 2024 - Judges’ comments

Judges’ comments

Twenty-five years after its opening on Aug 31, 1999, the 88-storey Petronas Twin Towers still reign as the tallest twin skyscrapers in the world. Soaring to a height of 452m, the iconic stainless steel and glass edifice and beloved crown jewel of our nation still dazzles as an internationally recognised landmark. Apart from being a well-known tourist attraction, the property is fully occupied and home to offices with a total gross floor area of 5.4 million sq ft.

Always in pursuit of excellence

Occupying half of the 100-acre Kuala Lumpur City Centre (KLCC) development, KLCC Park is not only an integral green lung that integrates seamlessly with the office towers — including the world-renowned Petronas Twin Towers, retail complexes, hotels, residential as well as entertainment and recreation components within the precinct — but also serves as a respite from the hustle and bustle of the city for city folks, office-goers and visitors.

The people’s park

Menara UOA Bangsar, developed by UOA Group, was one of the first developments in the country to have subsidiary management corporations (sub MCs).

Establishing a precedent

As the saying goes, together we stand, divided we fall. The residents’ association (RA) of Sunway SPK Damansara in Kuala Lumpur has proved to be a force to be reckoned with in its bid to make the development a safe and liveable place for all its residents.

Community spirit a vital ingredient

It isn’t every day that you see a 10-year plan for a residential development but that was what was shared by the management corporation (MC) of The Park Residences 1 in Bangsar South during a site visit by the judges for The Edge Malaysia Best Managed & Sustainable Property Awards 2024.

Future planning for the benefit of all

Property management goes beyond maintenance. As Kaginic Corp Sdn Bhd project manager Venus Chai notes, it is important to manage expectations, and the landlord’s goal is to make sure the tenants are happy.

Satisfied tenants make a difference

Sporting unique cylinder-shaped towers, 11 Mont’ Kiara is a high-rise residential development by Sunrise Innovations Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise Bhd (KL:UEMS) in Mont’Kiara, Kuala Lumpur. The 5.31-acre project completed in July 2011 has five towers comprising a combined 339 units with built-ups ranging from 2,700 to 6,000 sq ft.

Working with the right property manager pays off

To the management corporation (MC) members of Ryan & Miho Residence, clear and effective communication is essential when selecting the property management service provider, especially for a residential project with over 1,000 units. It is vital that the property manager truly understands that breakdowns in communication can lead to misunderstandings that would harm the property’s value in the long run.

Creating a beautiful oasis through effective management

As we stroll through Essex Gardens, the first phase of the Setia Eco Templer township in Rawang, Selangor, it is clear that this is a close-knit community. Management corporation (MC) chairman C K Lee and Laurelcap Property Management Sdn Bhd associate director Ho Hon Chiap often stop during our walk to greet and chat with the residents. There is a sense of ease in their interactions, one that is not easy to come by these days.

Preserving a piece of paradise

Known as a community-centric township with lush green landscapes in Kajang, Selangor, the 338-acre Jade Hills stands as a testament to foresight and meticulous master planning. Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), has made it its goal to redefine community living in the region with this development.

Nurturing a thriving community

Property management is more than just maintaining facilities and balancing accounts, it also plays a vital role in cultivating a harmonious community by fostering a strong community spirit. It is especially important when it is a large-scale project with thousands of units, just like Lakefront Homes @ Cyberjaya in Selangor.

Cultivating strong sense of ownership

Taiwan Semiconductor Manufacturing Co’s (TSMC) founder Morris Chang said the the company will soon face its “most severe” challenges in driving growth at a time that the US is controlling the flows of cutting-edge chips to China.

TSMC faces severe challenges as free trade falters, founder says

OB Holdings Bhd, en route to list on the ACE Market of Bursa Malaysia on Oct 29, said its wholly owned subsidiary Orient Biotech Sdn Bhd has received a dispute notice from a customer, Nature One Dairy (Hong Kong) Ltd (NOD), for allegedly breaching a purchase and supply agreement between the two.

ACE Market-bound OB Holdings in legal dispute over alleged breach of contract, IP infringement

Israeli fighter jets carried out airstrikes on military targets across Iran early on Saturday, delivering on Prime Minister Benjamin Netanyahu’s vow to retaliate for a missile barrage three weeks ago and fanning fear of open conflict between the two long-time adversaries.

Israel strikes targets across Iran, expanding conflict

Malaysia appreciates Ethiopia's full and unequivocal support in its journey towards becoming a BRICS partner country, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar thanks Ethiopian PM for support in BRICS

China’s recent rollout of stimulus is centred around lifting domestic demand and hitting the nation’s annual growth goal, said Vice Finance Minister Liao Min, as investors await a meeting of lawmakers expected to unveil details of Beijing’s crucial fiscal package.

China’s stimulus aims to boost consumption, top official says

China’s anti-graft agency punished 589,000 people in first nine months of the year for discipline violations, including accepting or offering bribery.

China punished 589,000 people for graft in nine months

On September 13, the Chinese government approved plans to raise the mandatory retirement age from 60 to 63 for men, 55 to 58 for white-collar women, and from 50 to 55 for blue-collar women. These changes, which will be phased in over the next 15 years, aim to mitigate the effects of China’s rapid...

The New Global Economy: China’s Pension Crisis Is Here

Kamala Harris and Donald Trump took a detour from barnstorming the battleground states that will decide November's election with Friday stops in Texas, a conservative state that was the first to implement a near-total abortion ban.

Harris focuses on abortion in Texas; Trump says in Michigan she's 'out partying'

The US has approved a potential US$2 billion (RM8.69 billion) arms sale package to Taiwan, the Pentagon said on Friday, including the delivery for the first time to the island of an advanced air defence missile system battle tested in Ukraine.

US approves US$2b arms sale to Taiwan including Ukraine-tested missile system

In 2015, the Association of Southeast Asian Nations (Asean) launched its ambitious Asean Economic Community, aiming to catalyse a golden age of free trade, freedom of movement of goods and people, and integrated Asean opportunities.

Boston Consulting Group’s (BCG) 2012 and 2014 reports,...

Growing Champions: Asean economic integration empowers regional champions, and what shifting global dynamics mean for aspiring local companies

Hong Leong Investment Bank (HLIB) Research said Gamuda Bhd's (KL:GAMUDA) end-2024 order book guidance of RM30 billion to RM35 billion looks increasingly conservative, as the engineering, property, and infrastructure company starts running down on its high-certainty domestic pipeline.

HLIB Research says Gamuda's RM35b year-end order book guidance looking conservative

Nvidia Corp dethroned Apple&nbsp;Inc as the world's most valuable company on Friday, following a record-setting rally in the stock, powered by insatiable demand for its specialised artificial intelligence (AI) chips.

Nvidia is world's most valuable company again, overtaking Apple

Israeli fighter jets carried out airstrikes on military targets across Iran early on Saturday, delivering on Prime Minister Benjamin Netanyahu’s vow to retaliate for a missile barrage three weeks ago and fanning fear of open conflict between the two long-time adversaries.

A rally in stocks faded as banks dragged down the broader market despite gains in tech shares. Bitcoin slumped after a news report that federal investigators are probing cryptocurrency firm Tether.

S&P 500 rally sputters as banks, bitcoin get hit

Of all the legal actions taken against cryptocurrency companies by US regulators and prosecutors over the past year, arguably none threatens to shake up the digital-asset industry as much as a potential crackdown on Tether Holdings Ltd. &nbsp;

Crypto’s ‘too big to fail’ token Tether faces new threat from US

Malaysia appreciates Ethiopia's full and unequivocal support in its journey towards becoming a BRICS partner country, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia Aviation Group Bhd (MAG), the parent company of Malaysia Airlines Bhd, announced its participation as a member of the CEO Action Network, a coalition of over 70 leaders focused on sustainability advocacy, capacity building, action and performance.

MAG joins CEO Action Network to drive sustainable development

China’s recent rollout of stimulus is centred around lifting domestic demand and hitting the nation’s annual growth goal, said Vice Finance Minister Liao Min, as investors await a meeting of lawmakers expected to unveil details of Beijing’s crucial fiscal package.&nbsp;

Prime Minister Datuk Seri Anwar Ibrahim’s rise to power was marked by a vision of sweeping reforms and renewed hope for Malaysians. While his administration has to face the realities of holding together a unity government, it has a unique opportunity to translate his vision of Reformasi into concrete changes.&nbsp;

Sustaining the reform agenda

Kamala&nbsp;Harris&nbsp;and Donald Trump took a detour from barnstorming the battleground states that will decide November's election with Friday stops in Texas, a conservative state that was the first to implement a near-total abortion ban.

Taiwan Semiconductor Manufacturing Co’s (TSMC) founder Morris Chang said the the company will soon face its “most severe” challenges in driving growth at a time that the US is controlling the flows of cutting-edge chips to China.

On September 13, the Chinese government approved plans to raise the mandatory retirement age from 60 to 63 for men, 55 to 58 for white-collar women, and from 50 to 55 for blue-collar women. These changes, which will be phased in over the next 15 years, aim to mitigate the effects of China’s rapid...

The US has approved a potential US$2 billion (RM8.69 billion)&nbsp;arms sale package to Taiwan, the Pentagon said on Friday, including the delivery for the first time to the island of an advanced air defence missile system battle tested in Ukraine.

China’s anti-graft agency punished 589,000 people in first nine months of the year for discipline violations, including accepting or offering bribery.

In 2015, the Association of Southeast Asian Nations (Asean) launched its ambitious Asean Economic Community, aiming to catalyse a golden age of free trade, freedom of movement of goods and people, and integrated Asean opportunities.

Boston Consulting Group’s (BCG) 2012 and 2014 reports,...

The Edge Malaysia Best Managed & Sustainable Property Awards 2023

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The Edge Malaysia Best Managed & Sustainable Property Awards 2023

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