The Edge Malaysia Property Excellence Awards (TEPEA) was started in 2003 as an initiative to help the real estate industry recover from the lingering impact of the 1997/98 Asian financial crisis, which had shaken confidence in the sector.

Note from the publisher: Recognising excellence in property development

Gamuda Bhd — Property Division (Gamuda Land) made history at The Edge Malaysia Top Property Developers Awards (TPDA) 2023 by clinching the No 1 spot for the first time and taking home the Best in Quantitative Attributes and Best in Qualitative Attributes sub-awards as well. This is the first time a single company has swept all three awards since TDPA’s inception in 2003.

Making history at The Edge Malaysia Top Property Developers Awards 2023

The property division of Gamuda Bhd — commonly known as Gamuda Land — has clinched the top spot of The Edge Malaysia Top Property Developers Awards (TPDA) 2023 for the first time.

Top Property Developers Awards commentary: The inside story behind Gamuda Land’s historic win

Top Property Developers Awards judges’ comments

The Edge Malaysia-PAM Green Excellence Award 2023 Judges -   Judges’ citation

The Edge Malaysia-PAM Green Excellence Award 2023 Judges - Judges’ citation

The Edge Malaysia-PEPS Value Creation Excellence Award 2023 Judges: Judges’ citation

Other awards

For Gamuda Land (Gamuda Bhd — Property Division), placemaking is key to the success of its township and the main differentiator from its peers. This strategy can be seen in SplashMania WaterPark in Gamuda Cove, Dengkil, which has garnered much attention since its unveiling in February.

Placemaking, innovation and digitalisation are key

I first met Datuk Soam Heng Choon when I was just starting out as a writer. My colleague and I were doing a story related to Petaling Jaya, and ran into a roadblock. Someone suggested asking Soam, who was the CEO of IJM Land Bhd at the time, for help owing to his extensive knowledge of the industry and area.

A long, fulfilling career

Datuk Azmir Merican joined Sime Darby Property as group managing director in April 2020. Yes, right at the start of the first Covid-19 lockdown — what a baptism of fire! And despite coming from another industry, he learnt fast, and with discipline and focus, expanded the company from being merely a property developer into a real estate company. This  delivered a strong set of results in 2022, with after-tax profit more than doubling.

Combining strategy and a clear vision

As the doors to the meeting room of the sales gallery in Desa ParkCity swing open, the lake park — which used to be an abandoned mine — comes into view and it has an immediate calming effect. Then in walks Datuk Joseph Lau, group CEO of Perdana ParkCity Sdn Bhd (Park­City Group), dressed in a simple yet stylish outfit that perfectly reflects his casual yet confident demeanour. His smile and enthusiasm are infectious and it is clear that he is someone who takes great pride in his work. Despite his many achievements and accolades, Lau remains down to earth and approachable.

Building townships and creating homes

Sitting in the residents’ lounge in Kapas Heights, a sense of calmness and serenity eases my weariness from the hectic city outside. A gentle breeze fills the empty halls. Before me is a magnificent and uninterrupted view of Kuala Lumpur’s skyline.

Emphasising passive design and community living

Developed by township developer Tropicana Corp Bhd and Iskandar Waterfront Holdings, Tropicana Danga Cove sprawls across 227 acres in Masai in the eastern suburbs of Johor Bahru. Located between Johor Bahru city centre and manufacturing hub Pasir Gudang, it is part of Flagship D of Iskandar Malaysia.

Creating more value through holistic master plan

In today’s highly competitive property market, property developers are required to be innovative and creative, not only in their products but also in their marketing campaigns to stand out from the crowd and capture the attention of potential customers.

Staying focused on quality to create sustainable property value growth

The government successfully saved almost RM1 million in the flight cost for the official delegation led by Prime Minister Datuk Seri Anwar Ibrahim to five countries recently, said Communications Minister Fahmi Fadzil.

Fahmi: Govt saves nearly RM1 mil in Anwar's flight cost for visits to five countries

Eurozone business activity took a surprisingly sharp turn for the worse this month as the bloc's dominant services industry contracted and manufacturing sank deeper into recession, a survey showed on Friday.

Eurozone business activity falls sharply in November, survey shows

Solarvest Holdings Bhd (KL:SLVEST)’s wholly owned subsidiary Atlantic Blue Sdn Bhd has been awarded a RM142 million engineering, procurement, construction and commissioning (EPCC) contract from SM01 Sdn Bhd, a special purpose vehicle (SPV) in which the group owns a 33% stake.

Solarvest bags RM142 mil EPCC job for 30MWac solar plant in Kedah

Taiwan President Lai Ching-te will visit Taipei's three remaining diplomatic allies in the Pacific on a trip starting at the end of the month, his office said on Friday, but the government declined to give details on US transit stops.

Taiwan's president to visit Pacific allies, no details on US transits

Sunway Bhd (KL:SUNWAY) became the best performing constituent member of the FBM KLCI index year to date after its share price breached the RM5 mark on Friday, ahead of its third-quarter (3Q) earnings announcement expected next week.

Sunway is best FBM KLCI constituent YTD after shares shoot past RM5

Malaysia’s Anti-Corruption Commission (MACC) said on Friday it will continue to investigate the late Tun Daim Zainuddin, his wife and family members.

MACC says will continue to investigate late Daim, wife, family members

The euro fell to the lowest level in two years as traders bet the European Central Bank (ECB) will have to cut interest rates aggressively to bolster the region’s economy.

Euro falls to lowest since 2022 as bets on ECB rate cuts surge

Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week.

Most read this week

LONDON (Nov 22): Investors will have to buy a record amount of euro zone government bonds for a third straight year in 2025 and without the ECB in the market, potentially adding pressure on borrowing costs when political and economic uncertainty is high.

Bankers and analysts said they w...

Record 2025 bond sales risk higher euro zone borrowing costs

A summary of how key Bursa Malaysia indices and the ringgit performed on Friday.

FBM KLCI up 0.07% to 1,589.78 on Nov 22, 2024

AirAsia hopes to emulate Dubai’s success in connecting the world, but in a low-cost format from places like Bangkok and Kuala Lumpur as the discount carrier looks to move on from its tumultuous pandemic years.

AirAsia founder plots low-cost Dubai-like hub in Bangkok, KL

Affin Bank Bhd (KL:AFFIN) on Friday cut some of its key financial expectations for the full year even as net profit surged in the third quarter, as the company continues efforts to improve profitability.

Affin Bank cuts key expectations even as 3Q net profit surges

KUALA LUMPUR (Nov 22): Shares of DRB-Hicom Bhd (KL:DRBHCOM) fell on Friday to their lowest in more than four years, after the automotive-to-banking conglomerate reported weaker than expected quarterly results.

DRB-Hicom shares fall to over four-year low, analysts divided over outlook after 3Q

KUALA LUMPUR (Nov 22): Globetronics Technology Bhd (KL:GTRONIC) surged as top most-actively-traded stocks on Friday morning, after the company secured a RM145 million contract to provide integrated circuit (IC) product packaging, testing, and backend services to Taiwan-based ChipMOS Technologies Inc. &nbsp;

Globetronics shares surge on RM145m contract win with Taiwan’s ChipMOS

CapitaLand Investment Ltd, one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis.

CapitaLand warns of China losses as Singapore property investor cuts exposure

Now is an opportune time to accumulate Dayang Enterprise Holdings Bhd (KL:DAYANG) shares given its undemanding valuations, said CGS International.

Good opportunity to accumulate Dayang shares — CGS

Gold looked set for its largest weekly gain in over 13 months on Friday as escalating geopolitical tensions drove investors to safe assets, while a tech rebound led Asian equities higher after worries over Nvidia's sales growth eased.

Gold surges over broader Ukraine war fears; tech stocks rebound

GEORGE TOWN (Nov 22): Penang&nbsp;welcomed Hong Kong Express’ (HK Express) inaugural direct flight from Hong Kong on Friday, marking a milestone in the state’s tourism development.

Penang welcomes HK Express’ inaugural flight from Hong Kong

China’s richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped out tens of billions of market value for his bottled-water empire.

China’s richest man berates PDD, ByteDance for months of misery

KUALA LUMPUR (Nov 22): Berjaya Hartanah Bhd, a wholly owned subsidiary of Berjaya Land Bhd (KL:BJLAND), officially launched on Friday, its latest condominium development named Oaka Residences at Bukit Jalil, Kuala Lumpur. The project has a gross development value (GDV) of RM373 million.&nbsp;

Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

KUALA LUMPUR (Nov 22): Hong Kong-based energy services firm Unity Group Holdings International Ltd said it is planning a secondary listing in Malaysia.

Hong Kong-based Unity Group pursues secondary listing on Bursa Malaysia

Inflation in Malaysia picked up slightly and was a tad faster than expected in October as prices of food and personal care products, including jewellery, rose, official data released on Friday showed.

Inflation in Malaysia picks up slightly in October, official data shows

TOKYO (Nov 22): Nissan&nbsp;Motor&nbsp;will cut or transfer about 1,000 jobs in Thailand, as it shrinks production in Southeast Asia, part of its recently announced global workforce reduction plan, two sources familiar with the matter told Reuters on Friday.

Nissan to cut or transfer about 1,000 jobs in Thailand — Reuters

US President-elect Donald Trump said on Thursday he would nominate former Florida attorney general and loyalist Pam Bondi to be US attorney general, moving swiftly to replace his former nominee Matt Gaetz after the embattled former congressman withdrew from consideration.

Trump picks Pam Bondi for US attorney general after Gaetz withdraws

KUALA LUMPUR (Nov 22): Master Builders Association Malaysia (MBAM) supports the Construction Industry Development Board (CIDB) Malaysia’s decision to retract its quality guidebook for homeowners, said MBAM president Oliver HC Wee.&nbsp;

MBAM supports CIDB’s decision to retract quality guidebook for homeowners

KUALA LUMPUR (Nov 22): TSH Resources Bhd (KL:TSH) reported a 12.19% increase in its net profit for the third quarter spanning July to September 2024 (3QFY2024), despite a drop in revenue, as it recorded reduced non-controlling interests, which resulted in the larger share of profit attributable to the owners of the company.

TSH Resources reports 12% rise in 3Q net profit, pays 2.5 sen dividend

The Royal Malaysian Police (PDRM) has no information on the whereabouts of wanted businessman Jho Low, who is reportedly in Myanmar, said Inspector-General of Police (IGP) Tan Sri Razarudin Husain.

We have no information on Jho Low's whereabouts, says IGP

Offshore oil-and-gas services firm Bumi Armada Bhd (KL:ARMADA) said on Friday its third quarter net profit rose 19% from a year earlier as operating margins expanded with lower costs.

Bumi Armada's 3Q net profit rises 19%, no update on merger with MISC's offshore unit

KUALA LUMPUR (Nov 22): Damansara REIT Managers Sdn Bhd, the manager of Al-`Aqar Healthcare REIT &nbsp;(KL:ALAQAR)&nbsp;and Al-Salam REIT&nbsp;(KL:ALSREIT), has appointed Zulhilmy Kamaruddin as its new chief executive officer (CEO) as of Thursday (Nov 21).

Damansara REIT Managers appoints Zulhilmy Kamaruddin as its new CEO

Mah Sing Group Bhd's (KL:MAHSING) M Luna condominium development in Kepong has achieved a Qlassic score of 86%, the highest for an M Series project, according to a press statement on Friday.

The Edge Property Excellence Awards 2023

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The Edge Property Excellence Awards 2023

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