{"id":3198,"date":"2020-12-14T09:45:09","date_gmt":"2020-12-14T09:45:09","guid":{"rendered":"https:\/\/spsetia.com\/?post_type=news&p=3198"},"modified":"2025-08-07T17:58:51","modified_gmt":"2025-08-07T09:58:51","slug":"tepea-recognises-the-industrys-best","status":"publish","type":"news","link":"https:\/\/spsetia.com\/zh\/news\/tepea-recognises-the-industrys-best\/","title":{"rendered":"TEPEA recognises the industry\u2019s best"},"content":{"rendered":"

PETALING JAYA (Dec 14): S P Setia Bhd clinched the top spot in\u00a0The Edge Malaysia<\/em>\u00a0Top Property Developers Awards (TPDA) 2020, marking the fifth consecutive year the company won the spot. It dropped to third and fourth positions in 2014 and 2015 respectively, before regaining the title in 2016.<\/p>\n

S P Setia president and chief executive officer (CEO) Datuk Khor Chap Jen said the developer is elated to be awarded top honours for the 13th time.<\/p>\n

\u201cThis would be impossible if not for the strong teamwork we have at Setia. It hasn\u2019t been easy as we have been facing strong headwinds with the soft market and in addition to that, the unprecedented Covid-19 pandemic. No industry has been spared, but our team spirit persevered, and we rose up to overcome the odds by continuing to deliver our best. I would like to dedicate this win to Team Setia,\u201d he added.<\/p>\n

It has also earned two other awards, namely\u00a0The Edge Malaysia<\/em>\u00a0Affordable Urban Housing Excellence Award for Sri Pinang Apartments in Setia Alam and\u00a0The Edge Malaysia<\/em>\u00a0Outstanding Overseas Project Award for Parque in Melbourne.<\/p>\n

S P Setia and Sunway Bhd \u2014 property division (No 3) are the winners of the Best in Qualitative Attributes sub-award.<\/p>\n

Rounding the top 10 are Sime Darby Property Bhd (No 2), UOA Development Bhd (No 4), IJM Land Bhd (No 5), Gamuda Bhd \u2014 property division (No 5), UEM Sunrise Bhd (No 6), IOI Properties Group Bhd (No 6), Mah Sing Group Bhd (No 7), Eco World Development Group Bhd (EcoWorld) (No 8), Tropicana Corporation Bhd (No 9) and IGB Bhd (No 10).<\/p>\n

IJM Land and Gamuda \u2014 property division shared the rank at No 5, while UEM Sunrise and IOI Properties shared the No 6 spot. Meanwhile, UOA Development won the Best in Quantitative Attributes sub-award.<\/p>\n

The TPDA is evaluated based on both qualitative and quantitative attributes. In the qualitative category, judges evaluate each company based on its expertise, image, innovation and creativity, product quality and the value it creates for buyers.<\/p>\n

Under the quantitative category, companies are evaluated based on their shareholders\u2019 funds, turnover, profitability and cash or gearing. The scores and rankings for the TPDA are audited by Deloitte Malaysia.<\/p>\n

The TPDA anchors TEPEA, which has in recent years expanded to include other sub-awards such as\u00a0The Edge Malaysia<\/em>-PEPS Value Creation Excellence Award,\u00a0The Edge Malaysia<\/em>-PAM Green Excellence Award,\u00a0The Edge Malaysia<\/em>\u00a0Affordable Urban Housing Excellence Award,\u00a0The Edge Malaysia<\/em>\u00a0Outstanding Property CEO Award and\u00a0The Edge Malaysia<\/em>\u00a0Outstanding Overseas Project Award.<\/p>\n

The Edge Media Group publisher and group CEO Datuk Ho Kay Tat noted that the TEPEA awards serve not just to recognise the best in property development but also to guide buyers who are looking for properties to buy. The idea is to help them make better decisions, especially during this period.<\/p>\n

\u201cNations across the globe are facing an unprecedented pandemic and Malaysia is not excluded with businesses being badly affected. Nevertheless, we believe not only will strong players survive this challenging time, they will come out even stronger by adapting to the market needs.<\/p>\n

\u201cThese awards provide a guide to the public on the strongest and best real estate players in the country. TEPEA has become an industry benchmark for companies which have sustainable financial strength and delivered quality products to their customers to be used as a home or as an investment asset,\u201d said Ho.<\/p>\n

In partnership with the Malaysian Institute of Architects,\u00a0The Edge Malaysia<\/em>-PAM Green Excellence Award recognises projects that demonstrate sustainable design innovation while contributing positively to the community. The winner is KLoe Hotel in Kuala Lumpur. Meanwhile, Sia Boey Urban Archaeological Park Phase 1 in Penang received the honourary mention.<\/p>\n

The Edge Malaysia<\/em>\u00a0Affordable Urban Housing Excellence Award, which honours affordable housing projects for the urban middle-income group undertaken wholly by Malaysian private developers, has been awarded to joint winners Karisma Eco Majestic by EcoWorld and Sri Pinang Apartments by S P Setia. Both projects are in the Klang Valley.<\/p>\n

The Edge Malaysia<\/em>\u00a0Outstanding Overseas Project Award has joint winners this year \u2014 London City Island by Eco World International Bhd and Parque in Melbourne by S P Setia.<\/p>\n

The Edge Malaysia<\/em>\u00a0Property Excellence Awards is presented by City & Country, the property pullout of\u00a0The Edge Malaysia<\/em>\u00a0weekly and supported by\u00a0EdgeProp.my<\/em>.<\/p>\n

Edited by\u00a0Erlynda Jacqui Chan<\/p>","protected":false},"excerpt":{"rendered":"

PETALING JAYA (Dec 14): S P Setia Bhd clinched the top spot in\u00a0The Edge Malaysia\u00a0Top Property Developers Awards (TPDA) 2020, marking the fifth consecutive year the company won the spot. It dropped to third and fourth positions in 2014 and 2015 respectively, before regaining the title in 2016. S P Setia president and chief executive […]<\/p>\n","protected":false},"featured_media":3199,"template":"","news_category":[16],"township-news":[],"venues-news":[],"class_list":["post-3198","news","type-news","status-publish","has-post-thumbnail","hentry","news_category-general"],"acf":[],"_links":{"self":[{"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/news\/3198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/media\/3199"}],"wp:attachment":[{"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/media?parent=3198"}],"wp:term":[{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/news_category?post=3198"},{"taxonomy":"township-news","embeddable":true,"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/township-news?post=3198"},{"taxonomy":"venues-news","embeddable":true,"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/venues-news?post=3198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}