The StarProperty Real Estate Developer Awards 2026 recognized Malaysia's leading property developers for their resilience and innovation in propelling the nation's realty sector forward. The awards were organized by StarProperty, a wholly-owned subsidiary of Star Media Group (SMG), and paid tribute to industry heavyweights setting new benchmarks in design, quality, and homebuilding.
Raising the bar: Nga (second from right) presenting the StarProperty ‘ Real Estate Icon of the Year Award’ to Tan Sri Liew Kee Sin. With them are (from right) Chan and Wang.
PETALING JAYA: Malaysia's leading property developers were recognised for their resilience and innovation in propelling the nation's realty sector forward at the 11th StarProperty Real Estate Developer Awards 2026 last night. Organised by StarProperty, a wholly-owned subsidiary of Star Media Group (SMG), the gala at the Sunway Resort, Petaling Jaya, paid tribute to the industry heavyweights setting new benchmarks in design, quality and homebuilding.
This year, a total of 110 recipients across 35 categories are being honoured, alongside two Special Recognition Awards. Housing and Local Government Minister Nga Kor Ming said programmes such as the StarProperty Awards establishes new benchmarks for liveability and sustainability for the real estate industry.
"Within the real estate sector, it is undeniable that our developers serve as primary engines of Malaysia's macroeconomic growth," said Nga in his opening speech. Nga also said government is studying a proposal to introduce an "Option to Purchase" (OTP) clause under the Real Property Development Bill to prevent the occurrence of sick and abandoned housing projects. He explained that the OTP clause would provide both buyers and developers the flexibility to withdraw before executing a Sales and Purchase Agreement.
"This move lowers unnecessary financial and legal commitments at an early stage, while allowing developers to assess a project's feasibility by understanding the realistic, on-the-ground buyer demand," he said. All stars: (Front row, second from left) Chan along with (from left) Wang, StarProperty 'Iconic Development of the Year' winner PNB Merdeka Ventures Sdn Bhd chief executive officer Datuk Izwan Hasli Ibrahim, Puan Sri How Teng Teng, StarProperty 'Real Estate Icon of the Year' winner Tan Sri Liew Kee Sin, Nga, Sime Darby Property group managing director and chief executive officer Datuk Seri Azmir Merican, TSLAW Land executive director Law Wai Cheong, Ng and all the award winners at Sunway Resort Hotel in Petaling Jaya.
— GLENN GUAN/The Star "Consequently, it helps avoid scenarios where developers face financial bottlenecks if sales are not optimistic halfway through construction," he said in his speech at the StarProperty Awards here. Nga noted that by doing so, the government can proactively prevent sick, delayed, or abandoned projects, as well as unsold units due to a lack of buyers.
Malaysia's property sector recorded strong performance in 2025, achieving transactions exceeding RM240 billion, the highest level in a decade, reflecting robust market confidence amid political stability and favourable economic conditions. At the same time, he revealed the ministry's special taskforce on sick and abandoned housing projects has successfully revived more than 1,500 projects since December 2022, with a gross development value exceeding RM140 billion, benefiting over 176,000 homebuyers nationwide.
SMG group chief executive officer Chan Seng Fatt, in his opening remarks, said the StarProperty Awards, now in its 11th year, remains a respected benchmark of excellence in the industry. Every submission undergoes a comprehensive evaluation by an independent panel of distinguished judges from across the property ecosystem, including architects, planners, valuers, engineers and other industry experts. Entries are accessed against qualitative and quantitative benchmarks, with winners selected only after a thorough and disciplined review process.
Despite the external pressures, Chan said the fundamentals of the Malaysian property sector show resilience, as property transactions reached RM241.87bil last year. The construction sector is still positioned as a key economic driver, though our growth moving forward will depend on our ability to manage these geopolitical risks effectively.
In sharing the government's vision for a healthier market through stronger oversight and improved deliver standards, Chan said the ceremony is an opportunity to recognise the organisations and individuals whose innovation and leadership continue to shape the nation's property landscape. These projects reflect an important shift in the approach of modern development, which is reimagining and improving existing buildings
Starproperty Real Estate Developer Awards 2026 Malaysia's Leading Property Developers Resilience And Innovation Propelling The Nation's Realty Sector Forward Starproperty Star Media Group (SMG) Sunway Resort Petaling Jaya Housing And Local Government Minister Nga Kor Chan Seng Fatt Starproperty Awards Urban Renewal Innovation Fundamentals Of The Malaysian Property Sector Geopolitical Risks Starproperty 'Real Estate Icon Of The Year' Wi Starproperty 'Iconic Development Of The Year' Sime Darby Property Group Managing Director An TSLAW Land Executive Director Law Wai Cheong Ng Programmes Such As The Starproperty Awards Option To Purchase (OTP) Clause Revival Of Sick And Abandoned Housing Projects Robust Market Confidence Proactive Prevention Of Sick Delayed Or Abandoned Projects Unnecessary Financial And Legal Commitments Realistic On-The-Ground Buyer Demand Government's Special Taskforce On Sick And Aba Gross Development Value Exceeding RM140 Billio Benefiting Over 176 000 Homebuyers Nationwide Fundamentals Of The Malaysian Property Sector Geopolitical Risks Starproperty 'Real Estate Icon Of The Year' Wi Starproperty 'Iconic Development Of The Year' Sime Darby Property Group Managing Director An TSLAW Land Executive Director Law Wai Cheong Ng Programmes Such As The Starproperty Awards Option To Purchase (OTP) Clause Revival Of Sick And Abandoned Housing Projects Robust Market Confidence Proactive Prevention Of Sick Delayed Or Abandoned Projects Unnecessary Financial And Legal Commitments Realistic On-The-Ground Buyer Demand Government's Special Taskforce On Sick And Aba Gross Development Value Exceeding RM140 Billio Benefiting Over 176 000 Homebuyers Nationwide
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