Sunway Real Estate Investment Trust announced the Retirement of Dato' Ng Tiong Lip as Chief Executive Officer. Date of change is 30 June 2023. Age is 66.

Prior to joining Sunway Group, Dato' Ng Tiong Lip ("Dato' Jeffrey Ng") was the former Managing Director of AP Land Berhad. He was also the former Executive Director of Sunway City Berhad (now known as Sunway City Sdn Bhd), a company formerly listed on Bursa Malaysia. He has held various positions in the past, such as the President of Real Estate and Housing Developers Association (REHDA) Malaysia, Past Chairman of REHDA Wilayah Persekutuan (KL) Branch, Director of Construction Industry Development Board (CIDB), Vice President and Secretary-General of FIABCI Malaysian Chapter (International Real Estate Federation), Vice President of Malaysian Association of Hotel Owners (MAHO), Chapter Chairman of Young Presidents Organisation (YPO) Malaysian Chapter, Vice Chairman of Malaysian Australia Business Council (MABC) and Chairman of Malaysian REIT Managers Association (MRMA).

Dato' Jeffrey Ng is currently the Chairman and Independent Non-Executive Director of United Overseas Bank (Malaysia) Berhad as well as the Chairman of REHDA Institute. He is also the Immediate Past Chairman of MRMA and a Member of the Board of Studies-Master of Real Estate Development, Universiti Tunku Abdul Rahman. Professionally, he is a member of the Malaysian Institute of Certified Public Accountants and fellow member of Chartered Accountants, Australia and New Zealand.

Dato' Jeffrey Ng is also a Capital Markets Services Representatives Licence (CMSRL) holder and a panel member of the Appeal Board under the Federal Territory (Planning) Act 1982. In 2003, he was accorded the Entrepreneur of the Year by MABC. In 2008, he was advanced to fellowship member of Chartered Accountants, Australia & New Zealand.

In 2009, he was conferred the patron of REHDA. Dato' Jeffrey Ng was awarded REHDA Personality of the Year 2015 for his contribution to the real estate industry. In 2018, he was awarded The Asset Best CEO Property.

Qualifications are Degree is in Economics from Monash University, Melbourne. Professional Qualification are Chartered Public Accountant from Malaysian Institute of Certified Public Accountants - Member, Chartered Accountants from Chartered Accountants, Australia & New Zealand- fellow member.