Derek Teh (Photo: LinkedIn)
Sunway Real Estate Investment Trust (Sunway REIT) has announced the appointment of Derek Teh Wan Wei as its new Chief Executive Officer (CEO). He steps into the role effective 1 December 2025 (Monday).
The company states that the 47-year-old currently serves as Vice-Chairman of the Malaysian REIT Managers Association. “He brings over 20 years of experience in the property industry. Prior to joining Sunway REIT, he was the CEO of Sentral REIT Management Sdn Bhd, the manager of Sentral REIT. Previously, he held senior positions including Vice President, Properties at Malaysian Resources Corporation Berhad.”
Ng Bee Lien
In addition, Sunway REIT redesignated Ng Bee Lien as Chief Financial Officer. The 52-year-old had been serving as acting CEO since mid June 2025. Her return to the CFO position underscores Sunway REIT’s commitment to financial stability and a smooth transition.
Ng brings over 25 years of experience in accounting, strategic planning, and investment evaluation across property, infrastructure, and other sectors.
A New Chapter for Sunway REIT
This leadership shift marks a pivotal moment for Sunway REIT. The appointment strengthens the REIT’s strategic core. Teh brings operational clarity and a sharp understanding of real estate trends. Ng delivers financial discipline and continuity. Together, they create a balanced leadership foundation. Their combined experience signals stability and renewed ambition.
This alignment matters in a market shaped by shifting consumer behaviour, evolving assets, and rising competition. REIT now enters its next phase with a clearer direction and stronger executive presence.
A Confident Step Forward
Stakeholders can expect a more focused strategy ahead. Portfolio optimisation will likely take centre stage. New growth avenues such as acquisitions, asset enhancement, and experience-driven upgrades, may also emerge. Teh’s track record suggests a disciplined yet forward-looking approach. Ng’s financial stewardship offers confidence in execution.
The REIT now stands at a promising crossroads. The next moves will define its momentum. With this leadership duo, Sunway REIT appears ready to sharpen its vision and advance with purpose.
Source/ Photos: Sunway REIT.
