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LBS Exceeds 2015 Sales Target of RM1 Billion

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LBS Presents…Outlook 2016 

 

For the year ending 2015, LBS Bina Group Berhad (LBS) has achieved a total of RM1.029 billion in sales, which is a marked increase of 60% in comparison with the previous year of RM644 million. Various key projects which contributed to LBS attaining its 2015 sales target include mostly residential developments in Selangor with a whopping RM864 million in total GDV. Moving forward, LBS is confident of maintaining the momentum of demand for its developments to achieve an additional 20 per cent in sales throughout 2016. It has been anticipated that developments within the Klang Valley region alone would contribute the bulk of sales amounting to more than 85 per cent. At press time, LBS has some 2,659 acres of undeveloped land bank. Property launches in the immediate future would include a mix of high-rise and landed residences, ranging from affordable to premium homes as well as commercial developments. In support of the Government’s initiative and efforts to house more Malaysians, LBS continues to pave the way and play a more proactive role in providing affordable housing with future affordable residences such as Rumah Selangorku in Bandar Saujana Putra and Perumahan Penjawat Awam 1Malaysia (PPA1M) in Bukit Jalil, K.L.

LBS Bina Group Berhad Managing Director, Tan Sri Lim Hock San, delivers the Group’s 2016 outlook, confident of achieving sales momentum in 2016.
LBS Bina Group Berhad Managing Director, Tan Sri Lim Hock San, delivers the Group’s 2016 outlook, confident of achieving sales momentum in 2016.

We enjoyed a fruitful year in 2015. One of the reasons we continue to meet out targets is our understanding for the needs of Malaysian home buyers. We look forward to intensifying our efforts to  provide  even  more options  to a  wider  spectrum  of  home  buyers and  investors  in  2016. Following a successful year, the Group is confident on achieving its sales momentum for 2016, citing a strong portfolio of properties.” – Tan Sri Lim Hock San, Managing Director, LBS Bina Group Berhad.

#Key property launches by LBS Bina Group Berhad currently underway within the Klang Valley:-

 

 

State: Klang Valley

Township /

Area

Development

Details

GDV

 

 

 

 

 

 

 

 

 

Bandar Saujana

Putra

 

 

 

 

 

 

 

 

BSP 21

Ø      10 blocks of serviced residence

 

Ongoing:-

Ø      Phase 1: 4 blocks, 892 units

Ø      Phase 2: 1 block, 278 units

 

Next Launch:-

Ø      Balance 5 blocks, 1,432 units

Ø      Shops, 28 units

 

Ø      Price range:

·       Block F&H: From RM317,900/ unit

·       Block G, I & J: From RM524,900/ unit

·       Shop: From RM700,900/ unit

RM1.4 billion

 

 

RM436 million RM148 million RM584 million

 

RM812 million RM 23 million RM835 million

 

BSP Village

(on going)

Ø      2 & 3 storey shop office

Ø      164 Units

Ø      Price range:

·   From RM1.18 million/ unit

RM233 million

 

 

 

D’ Island Residence, Puchong

 

Skyvilla

(on going)

Ø      17 storey condominium

Ø      352 units

Ø      Price range:

·        From RM649,900/ unit

RM252 million

 

Corallia 4 (Next launch)

Ø      Double-storey semi D

Ø      82 units

Ø      Price range:

·        From RM1.7 million/ unit

RM148 million

 

 

 

 

Puchong

 

 

 

Desiran Bayu

(Next launch)

Ø      Double-storey Cluster-link, Double-storey Semi

D, Double-storey terrace house

Ø      598 units

Ø      Price range:

·   Cluster Link: From RM600,000/ unit

·   Semi-D: From RM820,000/ unit

·   Terrace house: From RM420,000/ unit

RM330 million

 

 

 

Klang

 

 

Telok Gong Industrial Park (Next launch)

Ø      Semi D factory, Bungalow factory, Low Cost factory

Ø      96 units

Ø      Price range:

·        From RM3.5 million/ lot (Semi D factory)

·        From RM5.8 million/ lot (Bungalow factory)

RM304.7 million

 

 

Shah Alam

Taman Perindustrian Alam Awana @ U10 (Next launch)

Ø      Industrial Lot

Ø      13 lots

Ø      Price range:

·        From RM8.9 million / lot

RM243.6 million

State: Pahang

 

 

 

 

 

 

Cameron

Centrum

 

 

 

 

 

 

Precint 1 (Next launch)

Ø      Shops

Ø      58 units

Ø      Price range:

·        From RM1.2 million/ unit (2 storey)

·        From RM2.5 million/ unit (4 storey)

·        From RM3.2 million/ unit (5 storey)

 

Ø      Hotel

Ø      158 units

Ø      Price range:

·        From RM300,000/ unit

RM165 million

 

 

 

 

 

 

 

RM74 million