News about LBS

KUALA LUMPUR (Sept 14): LBS Bina Group Bhd (LBS) is planning "aggressive" launches this year until next year with more affordable and landed houses in the pipeline, said managing director Tan Sri Lim Hock San.

KUALA LUMPUR (Sept 13): LBS Bina Group Bhd has teamed up with the Selangor state government to jointly undertake a mixed development township in Ijok, Selangor, with an estimated gross development value (GDV) of RM3.

KUALA LUMPUR (Sept 1): Property developers will be required to build affordable units for serviced apartment, small office/home office (Soho) and small office/virtual office (Sovo) projects in Selangor under the state’s new blueprint for housing development, which is expected to be unveiled soon.

OFFICIALLY established in the year of the Asian Financial Crisis in 1997, LBS Bina Group Bhd (LBS) has gone through market highs and lows in the property development sector to emerge as one of the biggest property players in Malaysia.

LBS Bina Group Bhd (Aug 1, RM1.

IN the light of the slowdown in the property sector, developers with a chunk of their sales in affordable housing are expected to weather the storm much better than those with high-end products, say analysts and real estate consultants.

PETALING JAYA (June 9): Property developer LBS Bina Group Bhd plans to launch more landed properties next year.

LBS Bina Group Bhd (June 6, RM1.

KUALA LUMPUR (May 11): Property company LBS Bina Group Bhd's unconditional mandatory takeover offer of ML Global Bhd at 56 sen per share and six sen per warrants was deemed as not fair and not reasonable by independent adviser MainStreet Advisers Sdn Bhd.

KUALA LUMPUR (May 4): Property developer LBS Bina Group Bhd expects 30% of its overall project sales to be cancelled this year — the same ratio it saw last year — due mostly to buyers failing to obtain loans following cooling measures for the property market that were introduced by the central bank.