EUPE Corporation managing director Datuk Beh Huck Lee is all smiles with his trophy.

The Malaysia Developer Awards shine a light on emerging stars

In the world of property development, the spotlight often shines brightly on industry giants, leaving the rising stars in the shadows. Recognising this disparity, when the Malaysia Developer Awards was first formed, FIABCI-Malaysia and Star Media Group came together with another distinct mission in mind - to honour and celebrate the industry's most promising newcomers.

This collaborative initiative serves a dual purpose. Firstly, it aims to provide young and fledgling property developers with the recognition and encouragement they deserve. Secondly, it seeks to bolster the confidence of homebuyers and investors in these up-and-coming companies, recognising the unique value they bring to the real estate landscape.

Emerging developers are, in many ways, the lifeblood of the property market. They often bring fresh perspectives, innovative solutions and a dynamic approach to their projects. While they may not boast the same scale and resources as their more established counterparts, their agility and creativity enable them to tackle challenges and explore opportunities that can, at times, outshine the industry giants.

The prestigious Rising Star Award, a highlight of the Malaysia Developer Awards, shines a bright light on these budding property development talents. It seeks to uncover those who have recently embarked on their journey in the industry but have already demonstrated the potential to become influential figures in the field.

Several property developers vied for this year’s Rising Star title but only three trophies are awarded each year so the prize went to the best three companies although no participating company failed to meet the criteria.

This year’s remarkable three property developers who clinched the respective three trophies offered are EUPE Corporation Bhd, OCR Group Bhd and UMW Development Sdn Bhd. 

In an industry where tradition often reigns supreme, these emerging stars inject a breath of fresh air. They are unafraid to challenge conventions, explore uncharted territories, and redefine the rules of the game. This audacity can lead to groundbreaking developments that not only cater to the ever-changing demands of the market but also elevate the entire industry.

As the Malaysia Developer Awards continue to recognise and celebrate these rising stars, they play a crucial role in fostering an environment where innovation and excellence thrive. By providing a platform for these emerging talents to shine, the awards inspire the next generation of property developers to push boundaries, pursue their dreams, and ultimately shape the future of Malaysia's real estate industry.

In the years to come, we can expect these once-rising stars to ascend to even greater heights, transforming Malaysia's property landscape and leaving an indelible mark on the industry's history.

The methodology

Unlike the Top-of-the-Charts (TOTC), the Rising Star awards give greater weightage to the project criteria, taking into account seven attributes as listed in the table. The second portion is on the company itself. A host of information is requested from participating property developers covering project details from inception to completion. This includes activities that were carried out throughout the construction period.

The developers were also analysed for their financial prudence and long-term sustainability to ensure that the award given to the deserving recipient is justified. The trophies were presented to the winners by Star Media Group chief executive officer Alex Yeow. 

Rising Star recipients (in alphabetical order)

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