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The Malaysian Team winner of the 21st PRESS International Competition


Winners at the PRESS Ceremony

Estate Master congratulates The Malaysian Team, from the University of Malay (Department of Real Estate Management, Faculty of Built Environment) who has won the "PRRES International Feasibility Competition" sponsored by Estate Master Property Software, Australia. The Competition was conducted during the Pacific Rim Real Estate Society Conference 2015 and was held at the Hotel Istana, Kuala Lumpur, Malaysia on 18-21st  January 2015.

The University Malaya team, made up of third year students, Tham Wei Kuen and Ngoi Eva, won the clean sweep of the categories offered: People's Choice Award and the Winning Team by the panel of judges. The People's Choice is the category voted by the audience who saw the submissions for the first time, while the Winning Team is an assessment category with a judging panel of industry and academia.

The competition entry qualifications commenced in 2014 last year. Students were required to prepare a feasibility study report on the right to develop a development site located in the heart of Christchurch, New Zealand. Participants were required to prepare a proposed development plan with the feasibility calculations using Estate Master property software without going to the site or contacting any party in New Zealand. In November 2014, the University Malaya team were selected to compete in the finals with two other teams from the University of the Sunshine Coast, Australia (USC) and Queensland University of Technology (QUT), defeating many other universities competing in the Asia Pacific region.

For the final stage of the competition, participants were required to submit a powerpoint presentation to then present in front of all conference participants and the judging panel for 20 minutes followed by Q & A for 10minutes with the  final results announced at a dinner in the evening.

According to the team's mentor, Dr. Sr. Hasniyati Hamzah, this victory means a lot in the name of the university in the international arena.

"This victory has brought the name of University Malaya into the international arena, where conference and competition participants have recognized the greatness of our students. As the mentor for the team, I hope that this annual competition will continue to get support from both the department and University Malaya with students allowed to participate again in the future, "she said in a statement.

The 21st Pacific Rim Real Estate Society (PRRES) 2015 conference held in Kuala Lumpur, Malaysia this year was organized by PRRES, partnering collaboration with the University Committee and the Royal Institution of Surveyors, participated by delegates from 15 countries consisting of academics, researchers and experts in the field of industrial property and the built environment.

The conference includes several activities, including a "PhD Colloquim" which was held at the University of Malaya on 18 January, " PRRES International Feasibility Competition” which was held on 20 January and paper presentation sessions during the conference. "The 20th PRRES Conference 2014" was held in Christchurch and the 22nd PRRES conference next year will be held on the  Sunshine Coast, Australia.

Date Published: 26 Jan 2015
Category: AsiaNewsNews

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