LBS Bina Group
Tan Sri Lim Hock San
LBS Bina Group managing director

“We are cautiously optimistic about the market outlook until the end of this year because we expect to see a gradual improvement in the economy which will in turn raise market confidence. LBS believes strong leadership and business-friendly policies will greatly help boost the perception of investors and consumer sentiment.

Moving forward, affordable residential properties projects will continue to do well. The zero-rated GST is expected to play a role in increasing the purchasing power of consumers, thus improving consumer and market confidence.

We hope this increase in purchasing power will help homebuyers make the decision to upgrade their homes or purchase their first home for the long term.

However, based on our sales analysis, there is as much as 45% cancellation on bookings. We hope the government will reconsider the lending requirements and relax the lending rules. This will greatly empower first-time homebuyers financially and bring them closer to realising their dream of owning a home.”

PROJECTS SHOWCASED AT VPEX 2018

Residensi Bintang Bukit Jalil

The two-tower Residensi Bintang Bukit Jalil is built on elevated ground and strategically located in the epicentre of existing and upcoming renowned education, sports, entertainment and leisure amenities in Bukit Jalil, Kuala Lumpur.

With its ease of accessibility via five major highways (LDP, KESAS, MEX, Bukit Jalil Highway and Lebuhraya Kuala Lumpur-Seremban) and multiple light rail transit (LRT) stations, Residensi Bintang Bukit Jalil also has malls, schools and recreational facilities within reach.

LBS Alam Perdana

The 469.86-acre development in Bandar Puncak Alam, Selangor will be a fully gated- and-guarded development comprising a mix of landed residences, commercial projects and government housing projects. There will also be education hubs, community centres and recreational parks to be built around the Serenity Lake.

Safe and secure, LBS Alam Perdana was thoughtfully designed to encourage  community togetherness.

One of the township’s developments, Simfoni Perdana, has gained positive response from homebuyers. The elegantly designed townhouses offer spacious rooms and flowing interior spaces, coupled with lush green landscaping, making Simfoni Perdana an ideal home for families.

This story first appeared in the EdgeProp.my pullout on July 6, 2018. Download EdgeProp.my pullout here for free.

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