NuProp Team

LBS to build more properties in Klang Valley with RM2.09 billion GDV

Key takeaway: Across the course of this year, LBS Bina Group Berhad plans to begin development on 12 residential developments comprising 4,021 units with a gross development value of RM2.09 billion in the Klang Valley, Johor, Pahang, and Perak.



Last year, the developer launched 4,910 units worth RM1.63 billion.

The executive chairman of LBS, Tan Sri Lim Hock San, stated that the company is now engaged in 18 development projects with a total estimated GDV of RM5.7 billion.

Lim predicts that Klang Valley would see the most launches since it has continuously provided the company with the highest amount of property transactions over the years.

With a total GDV of RM418 million, LBS plans to introduce 817 units of townhouses, single-storey link homes, and double-storey link houses at KITA @ Cybersouth.

Along with Block B of Prestige Residence in Seri Kembangan, which will have 725 units and a GDV of RM313 million, it will also unveil 155 units of Astella double-storey terrace homes at Puchong's D'Island Residence.

The Bayu Hills serviced apartment in Genting Highlands is one of the recent projects in the Pahang region (642 units with a total GDV of RM482 million).

More phases of Taman Kinding Flora, Chemor in Perak will be launched, comprising 94 single-storey terrace homes (with a total GDV of RM27 million) and single-storey cluster link homes (90 units with a total GDV of RM22 million).

Zenit Molek serviced apartment (988 units with a total GDV of RM436 million) at Taman Molek, Imperial Garden double-storey semi-detached (63 units with a total GDV of RM40 million), and Emerald Garden single-storey link houses (26 units with a total GDV of RM11 million), all in Bandar Putera Indah, Batu Pahat, are the three new developments that LBS will launch in Johor.


Copyright © January 2023, NST

Contact Us
Name is required.
We'll never share your email with anyone else.
Email is invalid.
Phone is required.

Related Properties

16 Quartz

From RM 1.92M

Ampang 3-sty Terrace/Link House

16 Quartz
Emery

From RM 2.75M

Ampang Semi-D Villas From 3946 sqft

Emery
Rimbawan Residences @ De Centrum City

From RM 558K

Kajang Residential From 872 sqft

Rimbawan Residences @ De Centrum City
Sfera Residency @ Puchong South

From RM 558K

Seri Kembangan Serviced Apartment From 978 sqft

Sfera Residency @ Puchong South
AraTre' Residences @ Ara Damansara

From RM 530K

Petaling Jaya Serviced Apartment From 797 sqft

AraTre' Residences @ Ara Damansara
E'island Lake Haven Residence @ Puchong

From RM 291K

Puchong Apartment From 881 sqft

E'island Lake Haven Residence @ Puchong
Ellia Worldwide @ Puncak Bestari 2

From RM 510K

Puncak Alam Double-storey Terrace House (2... From 1438 sqft

Ellia Worldwide @ Puncak Bestari 2
Adenia @ Setia Warisan Tropika, Sepang

From RM 700K

Sepang Double-storey terrace (22' x 7... From 2206 sqft

Adenia @ Setia Warisan Tropika, Sepang
Filter Your Results