Malaysia’s premier annual real estate gala event, the fourth annual PropertyGuru Asia Property Awards (Malaysia), will honour Pacific Star Development Limited’s CEO and Managing Director Glen Chan, who has been named 2017 Malaysia Real Estate Personality of the Year by the editors of PropertyGuru Property Report.
The developer behind the Asia Property Award-winning mixed-use development Puteri Cove Residences and Quayside, Chan has nearly three decades of experience in property development, investment management, and property management, among others.
Puteri Cove Residences and Quayside, an upscale mixed-use development slated to be completed in the final quarter of this year, collected several awards at the PropertyGuru South East Asia Property Awards (Malaysia) 2016, including Best Luxury Condo Development (South Malaysia) and Best Residential Interior Design.
On his selection as the 2017 Malaysia Real Estate Personality of the Year, Chan said: “It is truly an honour to be recognised amongst an industry filled with accomplished and highly successful entrepreneurs. I share this award with my team whose passion, dedication and commitment resulted in our being able to realise our vision of developing top quality properties in Malaysia. This award reiterates that we are on the right path, and motivates us to continue to raise standards and innovate in every project that we develop.”
Focused on developing quality projects in the ASEAN region, Pacific Star Development has in the past decade, invested and developed two projects in Kuala Lumpur as well as several residential projects in Bangkok, Thailand. Most recently in February this year, Pacific Star Development was listed on the Singapore stock exchange with a market capitalisation of MYR430 million/SGD140 million.
“We have much to look forward to as we see great potential in gateway cities in Malaysia in the years to come,” said Chan, who will soon launch Pacific Star Development’s condominium project, The Posh Twelve in Bangkok, and is also eyeing new ventures in Jakarta, Indonesia, and Ho Chi Minh City, Vietnam.
Known for being a results-oriented leader, Chan serves as inspiration for his young team of dynamic professionals who relish working in a fast-paced environment. Over the years, he has worked with various teams across the region, including Singapore and Indonesia. In 2004, his engagement and understanding of the Malaysian real estate market further deepened when he managed the Baitak Fund that invested several hundred million dollars into Pavilion, Kuala Lumpur.
GLEN CHAN STANDS OUT FOR BRINGING TO LIFE HIS VISION OF MIXED-USE, WORLD-CLASS LIFESTYLE DEVELOPMENTS TO MALAYSIAN REAL ESTATE, IN PARTICULAR THE MULTIPLE AWARD-WINNING PUTERI COVE RESIDENCES AND QUAYSIDE
Glen Chan’s contributions to the domestic property sector will be recognised at the forthcoming black-tie gala dinner of the PropertyGuru Asia Property Awards (Malaysia) on 17 August 2017 at the InterContinental Kuala Lumpur ballroom. His special award will be presented by Property Report’s head of publishing Liam Aran Barnes.
Mr Barnes commented: “It is our great pleasure to honour Mr Chan as our Malaysia Real Estate Personality of the Year 2017. As a 30-year veteran in real estate, Mr Chan stands out for bringing to life his vision of mixed-use, world-class lifestyle developments to Malaysian real estate, in particular the multiple award-winning Puteri Cove Residences and Quayside in Iskandar Puteri, which has since garnered an outstanding 10 industry accolades.
“His efforts have raised the standards of mixed-use properties on an international scale and our editorial team appreciates his contributions to the domestic property sector and local communities.”
NRI investors fuel India’s property boom amid favourable market and regulatory landscape
With market conditions and regulatory changes working in their favour, NRI investors are supercharging India’s real estate scene
Archetype Group’s Jean-Francois Chevance spearheads urban innovation in Southeast Asia
Archetype Group has overseen numerous transformative projects in Southeast Asia
Reimagining the future: Asia’s architects turn to heritage for sustainable solutions
Planners, designers, and developers around Asia are looking to the region’s past for inspiration as they attempt to reduce harmful carbon emissions
Government rolls the dice: Indonesia’s bid to revitalise real estate ahead of elections
The outgoing government is banking on tax breaks and other incentives to revive the country’s residential sector