Global consulting firm, Frost & Sullivan has honoured Sunway Berhad as Malaysia’s Builder of the Year 2014 at its Best Practices Awards ceremony under the category of the Best of the Best.
The Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development.
The award ceremony was held in Traders Hotel in Puteri Harbour. Sarena Cheah, Joint Managing Director for Property Development Division of Sunway Berhad for Malaysia and Singapore, received the award from Yg Bahagia Tan Sri Abdul Halim Ali, Chairman, MDeC.
“It is an honour to receive this award, which came in time for Sunway’s 40th Anniversary celebration. I would like to say that Sunway did not make the journey here alone. Our people and our communities who have believed in us, since we first undertook the transformation of a derelict tin-mine 40 years ago, to the ever-evolving Sunway City you know today has made all the difference for us,” she said.
“We not only build townships but we create and celebrate the communities living in it. We make our very best efforts to offer them the finest products and services throughout their journeys with us, allowing Sunway to touch our customers and communities in many ways, be it in property, healthcare, education, hospitality and much more,” she added.
She concluded, “This award, as much as it is for Sunway, is for the 13,000 employees of Sunway Berhad as well as the many communities whom we have the privilege to be part of in 40 locations worldwide. We wouldn’t be here without their trust, loyalty, and support.”
Sunway Berhad is famed for turning an ex-mining land into the now thriving Sunway City which is home to 50,000 people including 20,000 students. Sunway City is the now the only township in Malaysia with seven key components – leisure, hospitality, residential, education, retail, commercial and healthcare in one single destination and is the first township to be recognized as a sustainable township by the Green Building Index.
The corporation has also developed an over 1,300 acre integrated township in Sunway City Ipoh. It’s property division, Sunway Property has delivered more than 20,000 homes across Malaysia.
It’s construction outfit has helped built some of the iconic projects around Malaysia including KL Convention Centre, and offices in Putrajaya and in Iskandar Malaysia, it has undertaken the construction of Legoland Malaysia, Pinewood Iskandar Malaysia Studios, and the BioXcell factory, as well as the Affinity Urban Wellness Centre. Currently it is involved in some of the biggest infrastructure works in the nation, the MRT and LRT as well as constructing Malaysia’s first BRT Sunway Line.
Sunway Berhad is one of the largest landowners in Iskandar Malaysia and is developing a new integrated township upon 1,800 acres, with an estimated RM30 billion GDV. The township fronts the sea, has a river traversing it, and is surrounded by forests, offering both Malaysians and Singaporeans a Nature’s Capital City to live in.
The awards selection process is a rigorous four-step process which includes market scan and research, an industry analyst shortlist derived from the comparison of market participants which measure performance through in depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry, a presentation of competitive matrix and finally, a selection by a panel of judges comprising of key global and regional management personnel for Frost and Sullivan as well as key government personnel.
Sunway Berhad had been acknowledged as Malaysia’s Builder of the Year by the because of its iconic property developments and contribution in the construction of green buildings. The selection was also based on its revenue growth, market share in the real estate category, growth in market share, demonstration of leadership in demonstrated leadership in new product introduction and innovation, breadth of products and solutions, and business market strategy.