KUALA LUMPUR (Feb 10): Sunway Bhd’s property division, Sunway Property, has been named Property Company of the Year 2015 – Asia in the World Finance Real Estate Awards by World Finance, a UK-based financial magazine published by World News Media.

In a statement today, the company said the award was in recognition of its high standards in design, quality, innovation and sustainable practices.
Sunway said readers of World Finance were invited to vote for the nominated organisations and projects across  different continents, followed by internal research for final deliberation by the World Finance award selection panel.

“The accolade underscores Sunway’s commitment to building for posterity through its unique build-own-operate  business model, which ensures the continued and lifelong growth of its communities,” said Sunway.
Sunway Property has a portfolio of properties across Malaysia, Singapore,  China, Vietnam, Cambodia, and India.

The World Finance judging panel said Sunway’s commitment towards building a first class infrastructure in Malaysia was helping to transform the country into one of Asia’s leading economies.

“At the same time, the company has been  steadfast in its determination towards social development, focusing on both education and healthcare in particular.

“While the competition across Asia was fierce, Sunway’s leading role in rebuilding Malaysia makes it a worthy winner
of this year’s award,”it said.

Meanwhile, Sunway group founder and chairman Tan Sri Dr Jeffrey Cheah said the company was honoured to have been recognised as a real estate leader in Asia and that the award was
a testament that it was on the right-track to  pursue sustainable and participatory growth alongside its communities.

He said in Malaysia, Sunway has created three value-generating hubs spanning some 4,000 acres across the country, transforming the way people live, learn, work and play in a safe, healthy and connected environment within the integrated townships of Sunway Resort City, Sunway City Ipoh, and Sunway Iskandar.

Sunway said nominations for the World Finance Real Estate Award were selected by the World Finance award selection panel, comprising experienced finance and business journalists, supported by a dedicated research team, based on a stringent set of criteria which include socioeconomic significance of projects, financials and funding, ongoing service and development, state and quality at completion, regeneration, project quality, innovation and green awareness.