PROPERTY NEWS: LBS Bina is on the lookout for new construction projects in Pahang and other states

Key takeaway:

According to its executive chairman, Tan Sri Lim Hock San, LBS Bina Group Bhd is searching for new development projects in Pahang and other states that would assist ease the local community's connection issues.

"We are always on the lookout for future development projects if the right opportunity arises, much like our meticulously planned venture into the Genting Highland region. We seek to create workable initiatives that would alleviate local residents' connection issues," said Lim.

As the firm grows within the property development industry, he remarked that "affordability, connectedness, and community will be at the core of everything the company aims to achieve."

On more than 300 acres of property in Genting Permai, Bentong, LBS intends to construct an RM9 billion mixed development including serviced apartments, double-story terrace homes, townhouses, and bungalows.

According to Lim, the company has a great chance to expand its knowledge of building and property development through these corporate ventures, further establishing its position in the residential development market.

Due to its ideal location and high visitor demand, he is positive about the future growth of Genting Highlands and claims that it has "huge potential."

According to Lim, the Genting Highlands development project symbolises LBS' continued efforts to develop and broaden its commercial operations.

In February 2021, LBS unveiled the 176-room, 10-story SCAPES Hotel, which serves as the company's flagship. The hotel has drawn a lot of domestic visitors since it opened, as seen by the high occupancy rate.

©️ July, 2022, theedgemarkets.com