LBS Upbeat on New Dengkil Township Project Due to Strong Interest for Affordable Housing Units





Dengkil, Selangor, 9 April 2019 – Township developer, LBS Bina Group Berhad (LBS), forges ahead with its 2019 plans, launching its latest 633 acres township development, Kita @ Cybersouth, located within the growing Cybersouth city in Dengkil. The new township development, is developed with ‘lifestyle convenience’ in mind to cater to modern family and community living. It will comprise of terrace houses, townhouses, serviced apartments, shops and commercial units.

LBS upbeat on strong take-up rate for Kita @ Cybersouth township. (Middle) LBS Bina Group Berhad Group Managing Director, Tan Sri Lim Hock San, launches the community-living inspired Kita @ Cybersouth township. Also present at the launch were (from left) MGB Berhad Executive Director and Deputy CEO, Mr Isaac Lim; and LBS Executive Directors, (second from left) Dato’ Cynthia Lim; Datuk Wira Joey Lim and Dato’ Alan Chia.




LBS takes pride in being a developer for the people that truly understands the needs of homebuyers. This latest township project with its affordably priced homes meets the rising affordable housing demand as well as supports the Government’s agenda of housing the nation,” says LBS Group Managing Director, Tan Sri Lim Hock San. Built based on affordability, connectivity and community, the self-sustained township will meet modern home seekers’ increasing demand for quality yet affordable homes. The homes are meticulously designed to meet both functional and comfortable living. The township also features a complete range of amenities with sufficient communal places, poised to connect with residents and build a vibrant community. LBS believes the strategy to actively offer more quality products that meet market demand will contribute to the Group’s growth momentum towards achieving its targeted RM1.5 billion 2019 sales revenue.



We have witnessed rapid developments in Dengkil as the area has benefited from the socio-economic growth in the southern Klang Valley corridor. As Klang Valley continues to develop towards the south, Dengkil will be the next property hotspot. The houses in Kita @ Cybersouth are a great investment opportunity,” Tan Sri Lim said. The first and second phases of Kita @ Cybersouth, consisting 1,077 units of double-storey terrace houses and townhouses catering to Malay homebuyers, were snapped up during the soft launch in November last year. The success of earlier phases has also prompted the launch of a new phase named, ‘Kita Harmoni’. It comprises 674 units of 20ft x 65ft double-storey terrace houses priced from RM560,000.



LBS brings floral theme to life at the new Kita @ Cybersouth sales gallery. (3rd from left): LBS Bina Group Berhad Group Managing Director, Tan Sri Lim Hock San, proudly opens the new sales gallery which aims to better serve both existing and potential buyers. Joining the celebration are LBS Executive Directors (from left) Dato’ Alan Chia; Datuk Wira Joey Lim, Dato’ Cynthia Lim, and MGB Berhad Executive Director and Deputy CEO, Mr Isaac Lim.



Reasonably priced with good connectivity as well as sustainable environment that promotes family togetherness, ‘Kita Harmoni’ is poised to receive similar enthusiastic response from the market. Heeding the Government’s efforts to build more affordable homes in realising the national homeownership agenda, LBS is unveiling “Kita Impian” at the new Kita @ Cybersouth township. “Kita Impian” offers 964 serviced apartments priced from RM250,000 with built-ups of 551 and 901 sq ft. Kita @ Cybersouth is easily accessible via major highways including the Putrajaya-Cyberjaya Expressway via the Elite Highway, Maju Expressway (MEX), South Klang Valley Expressway (SKVE), North-South Expressway (NKVE), Damansara-Puchong Highway (LDP) and Jalan Dengkil-Banting. It is also conveniently located in the vicinity of public amenities including schools as well as local and international higher education institutions, such as Sekolah Kebangsaan Dengkil, Sekolah Menengah Kebangsaan Cyberjaya, Heriot-Watt University Malaysia, Limkokwing University, and Xiamen University. Further information on Kita @ Cybersouth can be found at: www.lbs.com.my, or contact LBS hotline at: 1700 81 8998





About LBS Bina Group Berhad


LBS has a distinct pedigree which dates back to 1980s when Dato’ Seri Lim Bock Seng – a young and aggressive man with vision – founded the original construction business in Petaling Jaya. After a decade of rapid growth, LBS set its sights higher and ventured into the property development sector in 1992 where it started its first project, the Jelapang Maju Light Industrial Park in Ipoh, Perak. After taking over the baton from his father, Tan Sri Lim Hock San has grown and developed LBS into one of the major players in property development in Malaysia. LBS Bina Group Berhad (5789) was listed on the Main Board of Bursa Malaysia Securities Berhad in 2002 with business expanded to Zhuhai, the People’s Republic of China.


Under the leadership of Managing Director, Tan Sri Lim Hock San, the Group re-strategised its business model, and launched a brand new image, identity and direction as part of its long term objective to be an internationally recognised developer, building and inspiring lifestyle spaces that enhance community living. To mark this new direction, the Group has extended its portfolio of quality homes to the high-end market and has embarked on a progressive journey of change, which includes the areas of product, customer experience, after-sales services, sustainability, green technology and design.


In recognition of his entrepreneurship, Tan Sri Lim was awarded the Asia Pacific Entrepreneur of the Year Award 2012 by Enterprise Asia. In July 2012, as an acknowledgement of his active involvement in the development of Zhuhai City, China, Tan Sri Lim Hock San was appointed a committee member of the Zhuhai Municipal People’s Political Consultative Conference (Zhuhai CPPCC). Under the stewardship of Tan Sri Lim, the Group was awarded the ‘Best Company for Leadership of Property Development’ at the 2014 International Alternative Investment Review (IAIR) Awards.


Another exemplary accomplishment of Tan Sri Lim was the conferment of The Brand Laureate Hall of Fame – Lifetime Achievement Brand ICON Leadership Award 2015. Tan Sri Lim was presented the award in recognition of his perseverance through many years, resilience that has withstood the test of time, demonstration of strong leadership, deep industry knowledge and impeccable values of integrity and responsibility through LBS. In appreciation of his contribution to the lasting relationship between Malaysia and China, Tan Sri Lim was conferred the Lifetime Achievement Award 2015 during the World Chinese Economy Summit 2015 (WCES). The World Economic Summit honours entrepreneurs for their dedication, selfless service and innovative leadership.


LBS marked new milestones in 2016, as the company was awarded the 5 Star Best Development Marketing Malaysia award for its lifestyle-concept development BSP21, and the 5 Star Interior Design Show Home Malaysia award for its Corallia semi-detached homes, at the prestigious Asia Pacific Property Award (APPA) 2016. LBS also clinched the BrandLaureate Most Valuable Brand Award for Property Industry 2016 award in recognition of its esteemed reputation as a trusted property developer at the BrandLaureate Best Brands Awards 2015 – 2016.