News by Hannah Rafee

LBS group managing director Tan Sri Lim Hock San: Affordability remains the key concern for homebuyers and therefore, we will take a conservative approach and continue to focus our strategy of building properties and townships based on the three main pillars of affordability, connectivity and community

LBS managing director Tan Sri Lim Hock San: KITA @ Cybersouth township development is designed for families and the community within to build a lifetime of memories.

Winthrop Center in Boston will stand at 691 feet tall when completed in 2022.

Lagenda Properties Bhd's (formerly known as DBE Gurney Resources Bhd) wholly-owned subsidiary Taraf Nusantara Sdn Bhd (TNSB) has signed a joint-venture (JV) agreement with Tenaga Danawa Sdn Bhd (TDSB), a unit of Majuperak Holdings Bhd, to embark on an affordable housing project in Tapah. 

Situated on a 2.35-acre (0.95ha) plot in Tropicana Indah, Edelweiss SOFO and Serviced Residences have a gross development value (GDV) of RM855 million. The 52-storey tower comprises a total of 630 units of serviced residences with a multi-tiered security system and a smart home concept.

LBS Bina Group Bhd (LBS) has unveiled affordable landed homes Ritma Perdana, the fourth phase of township Alam Perdana in Selangor. Due to encouraging response to its previous phases in the township, LBS pushes forward with the new phase, which has a gross development value (GDV) of RM611 million.

The lift that lifted part of the cantilevered portion was one of the heaviest in the Middle East with a total weight of 8,500 tonnes, was carried out over a period of three days.

The parcel of land is surrounded by amenities and is strategically located eight minutes away from Bandar Bukit Tinggi, and about 10 minutes away from the Klang town city centre.

“Investors should focus on popular occupier centres with above average rent growth over five years, such as Singapore, Bangalore, Melbourne CBD and Auckland.”

“Global uncertainty had been weighing on prime residential markets in 2019, with modest falls of 0.3% recorded in the six months to December 2019. Combined, the annual average price movement turned negative for the first time since 2009, down 0.8% for the year to June 2020,” according to Savills Prime Index: World Cities (August 2020) report.