LBS Bina teams up with land owner to undertake RM1b GDV mixed development in Sungai Penchala
The development will be carried out atop six parcels of land measuring 6.
The development will be carried out atop six parcels of land measuring 6.
The proposed shipyard, to undertake ship building and ship repair works, is expected to be developed in three phases on 1,200 acres (485.
With a gross development value of RM437 million, the units with built-ups ranging from 590 to 863 sq ft have a selling price starting from RM352,000.
More than 90% of units of KITA Bestari’s single-storey houses have been booked within two weeks after opening for bookings.
The contract was awarded by Blee & W Architects Sdn Bhd, on behalf of Astana Modal (M) Sdn Bhd, which in turn is a subsidiary of LBS Bina Group Bhd.
Going forward, LBS Bina executive chairman Tan Sri Lim Hock San said LBS Bina will continue to increase operational efficiency to improve its profit margins and ensure long-term business sustainability.
“Ahead of the announcement, LBS wishes to make various proposals which it believes is crucial towards revitalising the property sector and is hopeful that the government will take these into account.
According to MGB’s filing with Bursa Malaysia, SANY intends to appoint MGB for the supply and installation of industrial building system (IBS) precast concrete products of up to 10,000 units of properties under the Saudi Sakani programme, to be completed within five years.
The company handed over 2,957 units in 2022.
LBS homeowners stand a chance to win home makeover worth RM150,000.