Sime Darby Property wins 2015 Frost & Sullivan Malaysia New Product Innovation Award

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Kuala Lumpur, 16 April 2015 - Sime Darby Property has strengthened its position as a significant property developer in Malaysia by winning the 2015 Frost & Sullivan Malaysia Building Construction New Product Innovation Award, presented at the 2015 Malaysia Excellence Awards ceremony at the Mandarin Oriental, Kuala Lumpur recently.

The award was based on a research conducted by Frost & Sullivan on the Malaysia Building Construction market. The research recognised Sime Darby Property’s ability to continuously progress by introducing new innovative products to the market.

One of the key development highlights that contributed to our win was Sime Darby Property’s innovative development; The Véo, located in KL East. The condominium comes in a contemporary modern design, which is currently being constructed through an inventive construction method fitting to this day and age of innovative technology. The condo will also include green features to offer wellness to its residents.

Other notable properties by Sime Darby Property would include Siphonia Superlink Homes in Chemara Hills, Seremban and Aralia Superlink Homes in the City of Elmina, Selangor. These being amongst the exemplary “placemaking” initiatives in building Sustainable Futures as per the Group’s acclaimed tagline.

Sime Darby Property Managing Director, Dato’ Seri Abd Wahab Maskan said, “We are honoured to receive the 2015 Frost & Sullivan Malaysia Building Construction New Product Innovation Award. Our heartfelt appreciation to Frost & Sullivan and the respective judges in making this a reality. This would further boost our efforts to uphold our brand promise in our commitment towards innovation and sustainability.”

“We will continue with our pursuit in maintaining our leadership position in the industry and remain as a trusted developer of high quality standards and sustainable communities,” Dato’ Seri Abd Wahab added.

The Frost & Sullivan awards recognise companies across regional and global markets for superior leadership, technological innovation, customer service and strategic product development.

Its industry analyst team benchmarks market participants and measures their performance through independent primary interviews and secondary industry research to evaluate and identify best practices.

Frost & Sullivan Research Manager of Energy & Environment Practice, Melvin Leong said, “Sime Darby Property emerged as the overall leader in product innovation in 2014. One of its latest products, The Veo, is recognized as an innovative property in Malaysia’s building construction industry for the past year. Besides modern architecture, The Veo incorporated aluminium formwork system that resulted in accelerated construction process, accurate wall dimensioning, and lesser property defects.

“The product is a testament to Sime Darby Property’s continuous commitment in eco-balanced development as The Veo was designed to meet customers’ demands for green and advanced properties. The Veo has become one of Sime Darby Property’s most successful projects as a result of the strong product attributes and customer impact.”

The 2015 Frost & Sullivan Malaysia Building Construction New Product Innovation Award is the second accolade presented by Frost & Sullivan to Sime Darby Property. The company won the Malaysia Frost & Sullivan Green Builder of the Year in 2010.

Sime Darby Property developments feature sustainable and innovative concepts such as open space planning for flexible use of space, modular dimensioning for more usable and efficient spaces, high ceilings for increased natural lighting and ventilation, stringent planning to minimise wastage of building materials and open access network to several new townships to provide better connectivity and accessibility, among others.

For further information please contact:

Sherliza Zaharudin

Head, Corporate Communications

Sime Darby Property Berhad

Mobile: 019-2676346

E-mail: sherliza.zaharudin@simedarby.com