Sagtec partner Stateight wins Malaysia property development award

Sagtec Global Limited (NASDAQ: SAGT) announced that its strategic partner Stateight Sdn Bhd received recognition at the Asia Pacific Property Awards 2026-2027. Stateight won the Award Winner – Residential Development (20+ Units) Malaysia category for its Villa Permai development project.

The award recognizes excellence in residential property development, project quality, and innovation. Sagtec stated the recognition reinforces confidence in its previously announced participation in funding an 84-unit townhouse development project, where the company expects to provide AI Smart Home technology solutions.

Sagtec plans to integrate its AI-powered smart home ecosystem into the upcoming townhouse development, potentially including AI-enabled home automation systems, smart security and access management, energy optimization technologies, and digital lifestyle and connectivity solutions.

"We congratulate Stateight Sdn Bhd on receiving this prestigious industry recognition from the Asia Pacific Property Awards," said Kevin Ng, Chief Executive Officer of Sagtec Global Limited. "This achievement reinforces our confidence in the partnership and highlights the quality and credibility of the development team behind the project."

The Asia Pacific Property Awards is judged by an independent panel of industry experts and recognizes companies that demonstrate achievement in areas such as project quality, design, innovation, sustainability, and development standards.

Sagtec Global Limited provides digital transformation and SaaS solutions to over 12,000 businesses across Southeast Asia. Stateight Sdn Bhd is a Malaysian property development company focused on residential real estate projects.

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