This article first appeared in City & Country, The Edge Malaysia Weekly on November 24, 2025 – November 30, 2025

From left: The Edge Malaysia editor emeritus Au Foong Yee, editor-in-chief Kathy Fong, IGB group CEO Tan Boon Lee, Eco World Development Group chief financial officer Datuk Heah Kok Boon, Gamuda Land CEO Chu Wai Lune, Mah Sing Group group CEO and executive director Datuk Voon Tin Yow, S P Setia president and CEO Datuk Zaini Yusoff, UEM Sunrise officer-in-charge and chief financial officer Hafizuddin Sulaiman, ARTELIA director Alex Toh, GSPARX Sdn Bhd managing director Sansubari Che Mud, Sime Darby Property group managing director and CEO Datuk Seri Azmir Merican, Minister of Housing and Local Government Nga Kor Ming, UOA Development alternate director Kong Sze Choon, OSK Property Holdings CEO for property development Ong Ghee Bin, Matrix Concepts Holdings group executive director Kelvin Lee, IOI Properties group chief operating officer of property development (Malaysia) Teh Chin Guan, IJM Land CEO Datuk Tony Ling, The Edge Media Group publisher and group CEO Datuk Ho Kay Tat and City & Country senior editor E Jacqui Chan (Picture by Mohd Izwan Mohd Nazam/The Edge)

Sime Darby Property Bhd (KL:SIMEPROP) took home the top gong at The Edge Malaysia Top Property Developers Awards (TPDA) 2025, repeating last year’s achievement. The company first took the top spot in 2009.

Sime Darby Property also secured the top spot in the Best in Qualitative Attributes sub-award.

In its 23rd year now, the TPDA anchors The Edge Malaysia Property Excellence Awards (TEPEA) 2025. Winners of the TPDA were announced at a gala dinner on Nov 10 at the Shangri-La Kuala Lumpur, with Minister of Housing and Local Government Nga Kor Ming gracing the event as guest of honour.

Sime Darby Property group managing director and CEO Datuk Seri Azmir Merican was heartened to receive the award on behalf of the company.

“We are grateful. This award means a lot to us at Sime Darby Property as we are undergoing a transformation from a pure property player to a real estate company. I would like to thank my team and awards judges, as well as congratulate the other winners,” he said.

Rounding out the Top 10 winners were: Gamuda Land, the property division of Gamuda Bhd (KL:GAMUDA) (joint second); S P Setia Bhd (KL:SPSETIA) (joint second); UOA Development Bhd (KL:UOADEV) (third); IJM Land Bhd (fourth); Eco World Development Group Bhd (KL:ECOWLD) (joint fifth); IOI Properties Group Bhd (KL:IOIPG) (joint fifth); Matrix Concepts Holdings Bhd (KL:MATRIX) (sixth); Mah Sing Group Bhd (KL:MAHSING) (seventh); IGB Bhd (KL:IGBB) (eighth); UEM Sunrise Bhd (KL:UEMS) (ninth); and OSK Holdings Bhd (KL:OSK) (tenth).

Meanwhile, the joint winners for Best in Quantitative Attributes sub-award were S P Setia and UOA Development.

The TPDA is evaluated on both qualitative and quantitative attributes. In the qualitative category, judges evaluate each company on its expertise, image, innovation and creativity, product quality and the value it creates for buyers.

Meanwhile, in the quantitative category, companies are evaluated on shareholders’ funds, turnover, profitability and cash or gearing.

The scores and rankings of the TPDA were audited by Deloitte Malaysia.

In his welcome address, The Edge Media Group publisher and group CEO Datuk Ho Kay Tat said property developers and professionals continue to face changing markets, new rules and global headwinds.

“Yet time and again, [they] have found ways to create places that last, uplift and bring people together. Tonight, we are here not just to celebrate excellence, but to recognise the incredible resilience that keeps Malaysia’s property industry moving forward. Every award tonight stands for the drive of all of you to adapt, innovate and keep building so that Malaysians have a comfortable place to live and work, no matter the challenges.”

He added, “While these annual rankings offer a useful snapshot of performance, property development is a long game, and the ones who endure through market cycles are the ones who will inspire trust among homebuyers and investors.”

Meanwhile, Nga called on the property industry to continue shaping a Malaysia that is “not only liveable, but lovable”, as he commended developers for their innovation and contribution to the nation’s growth. “Each development you undertake is not just a project; it is a promise fulfilled, a dream realised and a foundation for thriving communities.”

He noted that the Ministry of Housing and Local Government has successfully revived 1,289 sick and abandoned private housing projects worth RM123.7 billion, restoring homes to 154,659 families. Meanwhile, efforts are underway to strengthen the Housing Development Act 1966 (Act 118) to enhance homebuyer protection and developer accountability.

On innovation, Nga said the ministry is rolling out the Housing Information Management System and expanding the use of the Industrialised Building System and Building Information Modelling, among others. “By leveraging technology, we can build faster, smarter and greener, shaping a property sector that meets the needs of both today and tomorrow.”

On that note, he shared that Kuala Lumpur ranked No 65 in the Smart Cities Index 2025 published by the International Institute for Management Development, up from No 73 last year.

Nga also urged industry players to work together to strengthen the property industry. “We must not work in isolation. The success of Malaysia’s property industry has always been rooted in strong collaboration between the public and private sectors. While the government provides policy direction and support, the private sector contributes innovation, expertise and resources. Let us work together to make Malaysia liveable and lovable.”

Eleven other awards were presented at TEPEA 2025: The Edge Malaysia-PAM Green Excellence Award, The Edge Malaysia-PEPS Value Creation Excellence Award, The Edge Malaysia Affordable Urban Housing Excellence Award, The Edge Malaysia Outstanding Property Entrepreneur Award, The Edge Malaysia Outstanding Property CEO Award, The Edge Malaysia Outstanding Contribution to the Real Estate Industry Award, The Edge Malaysia Property Development Award for Master Plan Excellence, The Edge Malaysia Property Development Award for Integrated Wellness Hub, The Edge Malaysia Property Development Excellence Award for Malaysian Urban Transformation Icon, The Edge Malaysia Excellence in Conservation & Adaptive Reuse Award and The Edge Malaysia Outstanding Overseas Project Award.

The Edge Malaysia Outstanding Contribution to the Real Estate Industry Award was awarded to Bukit Kiara Properties Sdn Bhd group managing director Datuk N K Tong. He is the immediate past president of the Real Estate and Housing Developers’ Association Malaysia, an independent non-executive director at Standard Chartered Bank Malaysia and a Sustainability and Climate Risk certified professional.

SkyWorld Development Bhd (KL:SKYWLD) CEO Lee Chee Seng won The Edge Malaysia Outstanding Property CEO Award, while LBS Bina Group Bhd (KL:LBS) group executive chairman Tan Sri Lim Hock San won The Edge Malaysia Outstanding Property Entrepreneur Award.

The MET Corporate Towers in Kuala Lumpur (developed by Triterra Metropolis Sdn Bhd) received special mention in The Edge Malaysia-PAM Green Excellence Award.

As for The Edge Malaysia-PEPS Value Creation Excellence Award, Park Place @ ParkCity TownCenter (developed by ParkCity Group) came out tops, while The Valley Residences @ SkySierra (developed by SkyWorld Development) received a special mention. Both projects are located in Kuala Lumpur. This award measures the capital appreciation of properties, from the developer’s selling price to the resale price in secondary transactions.

For The Edge Malaysia Property Development Excellence Award for Master Plan Excellence, the winners were Desa ParkCity in Kuala Lumpur (developed by ParkCity Group); IJM Rimbayu in Kuala Langat, Selangor (developed by IJM Land); and Sunway City Kuala Lumpur in Petaling Jaya, Selangor (developed by Sunway Bhd (KL:SUNWAY) – Property Division).

The Edge Malaysia Property Development Excellence Award for Integrated Wellness Hub) went to Komune Living & Wellness in Cheras, Kuala Lumpur (developed by UOA Development).

The PETRONAS Twin Towers in Kuala Lumpur (developed by KLCC (Holdings) Sdn Bhd) were awarded The Edge Malaysia Property Development Excellence Award for Malaysian Urban Transformation Icon.

The Edge Malaysia Excellence in Conservation & Adaptive Reuse Award, meanwhile, went to Old Courthouse in Kuching, Sarawak (managed by Food Journal Sdn Bhd), and The Stories of Taman Tunku in Kuala Lumpur (owned and managed by Selangor Properties Sdn Bhd).

There were three winners for The Edge Malaysia Affordable Urban Housing Excellence Award —Residensi Matang Premier in Kuching, Sarawak; Residensi Nexus Kajang in Selangor (both developed by PR1MA Corp Malaysia); and Rumah Bandar Idaman Putra in Kulai, Johor (developed by IOI Properties).

The winner of The Edge Malaysia Outstanding Overseas Project Award was Park Kiara @ ParkCity Hanoi, Vietnam (developed by ParkCity Group).

The awards were presented by City & Country, the property pullout of The Edge Malaysia weekly and supported by EdgeProp.my. GSPARX, a subsidiary of Tenaga Nasional Bhd (KL:TENAGA), was the official solar partner, while China Pottery (M) Sdn Bhd’s ARTELIA, the official and exclusive distributor of Noritake products in Malaysia and Singapore, was the other partner.

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