FIABCI Malaysia and STAR launch ultimate property award
The International Real Estate Federation Malaysian Chapter (FIABCI Malaysia) and Star Media Group (SMG) have launched the inaugural Malaysia Developer Awards (MDA) on Feb 21, signaling the start of a premier accolade that will stand out from the rest.
The MDA’s inauguration marks a new beginning for stakeholders of the property industry, one that will fill the gap which many in the industry are painfully aware of.
“Currently, there is a multitude of property awards in Malaysia’s real estate landscape, each claiming to be the voice of authority and standard-bearer for the industry. This cacophony of claims creates confusion and lingering doubts, especially for consumers who are bombarded with conflicting information.
“As a stakeholder in the property industry myself, I understand the need for an award that can cut across the ‘noise’ to give all those who have a stake in real estate the much-needed clarity.
“This gave birth to the Malaysia Developer Awards, a carefully crafted accolade that provides a credible and holistic benchmarking of the industry for property developers and consumers alike,” said FIABCI Malaysia president Datuk Seri Koe Peng Kang.
A reputable award that is sufficiently holistic to cover all aspects so that projects are deservingly awarded, developers are properly recognised for their exemplary workmanship and most importantly, an award that provides inspiration and exposure for up-and-coming developers, he said.
The MDA will serve as a creditable gauge to make informed decisions when it comes to buying or investing in a property or believing that the developer will deliver the envisaged development as promised. In short, the Awards will serve to validate that the companies they are dealing with are reputable and their developments are of sound quality.
“The Awards will provide a benchmark to show Malaysian developers who have made their mark in overseas ventures, elevating their expertise in competing internationally.
“By looking at everything holistically, we can work towards elevating the real estate industry via this joint strategic collaboration with Star Media Group and StarProperty,” said Koe.
“This award is aimed at elevating the standard of Malaysian developers, and we’re confident it will be the ultimate property awards accolade, thanks in large to the collaboration between both parties,” added SMG group chief executive officer Alex Yeow.
Through the combined knowledge and expertise of FIABCI Malaysia and SMG, this inaugural awards programme is set to raise the bar even higher, with submissions judged on an international level.
“It is a partnership that will only grow stronger with time, thanks to both parties’ strong foundation. With FIABCI Malaysia’s international ties and Star Media Group’s trusted reach, the Malaysia Developer Awards is set to be prized above other Malaysian property awards and the winners be propelled to even greater heights,” he said.
The MDA is tailored to be set apart from other property awards programmes. Beyond recognising the most well-deserving property players, it also set its sights on the long term development of the industry.
“Star Media Group will lend its own expertise as well. Utilising the competency and proficiency of StarProperty and StarBiz, the awards programme will leverage on its extensive reach in the property landscape.
This inaugural awards programme is set to raise the bar even higher, with submissions judged on an international level. The expertise of both partners will ensure that deliberations are unfettered by any prejudice or bias, ensuring that the awards go to only the most deserving,” said Yeow.
To ensure that the awards are presented to the best-of-the best, the judging process is stringent, complying with international standards and beyond.
The MDA is divided into two main categories - Top-of-the-Chart Awards and Special Awards, which consists of three sub-categories, namely The International Award, Transformation Award and The Rising Star Award.
“Among what is planned for the Awards goes beyond just winning trophies as the winners will be encouraged to partake in workshops and site visits to facilitate the exchange of ideas and expertise. This will also foster greater ties and friendly competition,” said Koe.
While this will be the first year that the MDA is held, the Awards are envisioned to evolve as they progress, continuing to propel the property to new levels of standards.