The 14th edition of the MIEA National Real Estate Awards recognized 60 top achieving real estate practitioners and firms at a sell-out gala dinner with close to 1000 people at the Le Meridien Hotel Petaling Jaya, which was graced by the President Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVEAP), Abdul Razak bin Yusak, who is also the Director General of the Valuation and Property Services Department, Ministry of Finance.
Organised by The Malaysian Institute of Estate Agents (MIEA), the record number of 107 submissions received for 23 categories came as a pleasant surprise considering the property market shrinkage in 2021 and the challenges that came with the pandemic. A record number of 16 agents received the MIEA Million Dollar Achievers (MMDA) Award pins, the largest number ever conferred in a single award ceremony for achieving RM1 million in professional fees earned in 2021 with a cumulated fee earning of RM24,523,000 amongst recipients.
“This goes to prove that building a career in real estate is rewarding and satisfying,” said Norfaizah Abdul Aziz, one of the recipients of the MMDA award when asked about receiving the recognition.
The NREA, which debuted in 2009, has grown to be recognised as the nation’s foremost award for the real estate services sector. The award recognizes the top individual achievers and the top firms in the country.
This year, three new categories were introduced i.e., Residential Sale of The Year, which was awarded to Brandon Lim Kuo Sheng, Commercial Sale of The Year, awarded to Timothy Toh Wei Min and lastly Industrial Sale of The Year, awarded to Jimmy Hon Kum Yoong.
The top Real Estate firm award went to Kozin Real Estate Sdn Bhd under the Small Real Estate Firm of the Year 2022 category, Esprit Estate Agent Sdn. Bhd under the Medium Sized Real Estate Firm of the Year 2022 and IQI Sdn Bhd Large Real Estate Firm of the Year 2022.
Apart from that, the two most notable recognitions were the MIEA Lifetime Achievement Award, which was awarded to Mr Eric Lim Chin Heng, Group Managing Director of Hartamas Group of Companies, and the Real Estate Agent of the Year was presented to Puan Munirah Binti Mohammad, principal of Homefield Real Estate Sdn Bhd for her excellence in managing her firm and in supporting bumiputra real estate practitioners.
President of MIEA, Chan Ai Cheng said "It is important that we, through our independent judges, have maintained very strict standards in verifying the facts, sales concluded and collection of the fees. In doing so, we have created trust in the ‘NREA Brand’, which has resulted in the growing interest by firms and practitioners to participate and to be recognised. Real Estate practitioners are seen in the eyes of the public as brokers and earning commissions but, a lot goes into the making of both Real Estate Agents who are registered and Real Estate Negotiators who are certified by BOVEAP. It is a profession recognized by the government and the public is encouraged to engage their services to be protected.”
The Organizing Chairman, Aldrin Tan said “The NREA awards is our way to provide recognition to a growing profession and give dignity to the work they do and to be appreciated for their level of service and commitment to their clients. We hope the public at large will take into consideration the good work of these agents and to seek their services”.
As the organiser of the NREA Brand, MIEA is the accredited body representing all Registered Estate Practitioners in the country. Pioneered in 1977, the objective of MIEA is to encourage, elevate and maintain a high level of professionalism amongst real estate practitioners. MIEA is playing an important role in providing education, training and helping its members to practise with Integrity and helping their clients by building trust.
The preferred Mortgage and Banking Partner for the 14th National Real Estate Awards is UOB Bank Berhad with Triterra Metropolis Sdn Bhd as one of the award sponsors, Property Guru Group as strategic partners, TheStarProperty as the Exclusive Media Partner, QG Media as the Media Sponsor, Top10 Malaysia as Official Magazine and Nextdor Property Communications Sdn Bhd as the Public Relations Partner.