Down is another step for success....

Working with one of the top property developer in Malaysia, I am very alert to the awards and recognition given to the property developer as it will help in enhance the company reputation and lead to better financial position.

Being top for 4 years, a small drop will caused everyone to feel the pinch no matter how small it was...Worst, as many have put higher expectation on us for being top for so many years.

Among the reputable award to developer, The Edge Top Malaysia Property Developer Award was one that always capture my attention. Second being FIABCI award and follows by CNBC and Euromoney award.


The Edge Malaysia Top Property Developers Award ranks the best property players in the country, from the consumer’s perspective for both their quantitative and qualitative attributes.

The quantitative elements were the companies’ shareholders’ funds, revenue, pre-tax profit, gearing, and cash and cash equivalents for the fiscal year ended 2008.

The qualitative attributes include the quality of the product, innovation and creativity, value creation for buyers, image and expertise.

The list of winner as as follow:

Sime Darby Property Bhd
SP Setia Bhd
Sunway City Bhd
IGB Corp Bhd
Island & Peninsular Sdn Bhd
IOI Properties Bhd
Bandar Raya Developments Bhd
Eastern & Oriental Bhd
Sunrise Bhd
Bandar Utama City Corp Sdn Bhd
Gamuda Bhd - Prop Div
IJM Land Bhd
YTL Land & Devt Bhd
Paramount Corp Bhd
Selangor Dredging Bhd
Mah Sing Group Bhd
Naza TTDI Sdn Bhd
Selangor Properties Bhd
Dijaya Corporation Bhd
UEM Land Holdings Bhd
PJ Devt Holdings Bhd
WCT Land Sdn Bhd
Metro Kajang Holdings Bhd
Penitude Bhd
Naim Holdings Bhd
Malton Bhd
United Malayan Land Bhd
Hunza Properties Bhd
Segajuta (S) Sdn Bhd
Bolton Bhd

Yes, my employer, my beloved company fail to retain the first position....

In deed it was disappointing but I am very proud that my company have never fail to put customer first and enhance our property value as well as our shareholder value.

It was a tough year for all property developer, fighting our way to secure lands and more projects but at least we did our best. I would say, we lost not because we are going behind but there is others who perform better than us this round.

Tough year, tough result....

Hopefully in year to come, SP Setia Berhad can climb back the ladder and become the Top Property Developer in Malaysia, hopefully in overseas as well !!!

I believe we can....because I believe SP Setia can.....

~To Be the BEST in all we do~