The 26-year-old won the award for his Band of Gold collection, which hit the runway at the 2013 Perth Fashion Festival.
Mr Yiap, who has a studio on Hay Street in the city, said he wanted to pioneer the way for accessories and jewellery on the catwalk.
‘I want to put forward the idea that jewellery can stand on its own on the runway,’ Mr Yiap said.
‘A lot of the time, jewellery is thought of as a secondary item to tag on, but I really wanted to use the idea that jewellery could be presented on its own.’
Mr Yiap’s recent collection explores the elegant and lavish potential of jewellery through artistic interpretation, with each piece in the collection handmade.
‘My pieces have always had a sculptural element to them and I’ve recently expanded my practice to include larger-scale works for public art, so I’d say I’m at a transformative stage in my career,’ he said.