The Star Malaysia - Star2

A need to innovate and blaze new trails

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FIRST of all, I would like to give a big thumbs up to FIABCI Malaysia for organising such a prestigiou­s property award that pushes the standard of the overall quality of developmen­t in Malaysia.

FIABCI Malaysia has been a pioneer in organising property award, in fact the FIABCI World Prix d’Excellence Award also used the Malaysia Property Award assessment criteria as the blueprint.

I have always been told that the Malaysia Property Award is a very prestigiou­s property award in Malaysia for its stringent, independen­t and fair judging process. I’m deeply impressed and amazed by the judging criteria as it is very thorough.

It is fascinatin­g to see excellent developmen­t projects emerging in the industry that take the community benefits, environmen­t friendline­ss and energy conservati­on into considerat­ion, all thanks to the Malaysia Property AwardTM organising committee for their continuous effort to review the judging criteria to follow the trends and demands of the market.

It is very important that developers keep themselves updated to the latest trends in the developmen­t and innovation as the world is changing fast. What used to be the largest demand in the market of the old days may be eliminated by time.

For example, office and retail properties are facing challenges nowadays due to the uprising of virtual offices and online shopping platforms. Developers have to think out of the boxes and be creative to moving along with the ever-changing trends.

Last but not least, I would like to take this opportunit­y to wish FIABCI Malaysia and fellow Malaysian developers good luck in their future endeavour in the industry!

 ??  ?? ASSEN MAKEDONOV WORLD PRESIDENT AT FIABCI INTERNATIO­NAL REAL ESTATE FEDERATION
ASSEN MAKEDONOV WORLD PRESIDENT AT FIABCI INTERNATIO­NAL REAL ESTATE FEDERATION

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