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Tips to Purchase a House for First-Time Home Buyers in Malaysia

You are finally reaching another milestone in your life and now, you are ready to buy your first home!

Being a first-time home buyer is definitely an exciting experience but at the same time, buying your 1st house can also be a nerve-wracking journey, especially if you do not know where to start.

So, if you are a first-time home buyer in Malaysia, here are some tips that might be useful before you make that leap to buying your 1st home:

Decide on a Budget for Your 1st Home in Malaysia

One of the most crucial things you need to do as a first-time home buyer is to know and decide on the budget you are comfortable with for your 1st house.

You might also do your own research to find out which housing price range is the best match for your current income as you surely want to buy a house that you can afford.

Today, there are a few useful online tools such as a home loan and duty stamp calculator that can help you find out the loan amount you need to buy your 1st home.

Another thing that you need to take note of is that a downpayment of 10% of the property cost is necessary when buying a new house.

Compare the Costs of Properties Before Buying Your First Home

As a first-time home buyer, it is easy to get caught up in the whirlwind of excitement when you are finally buying your first house.

However, it is important to remember that it takes a lot of patience and to never act too hastily when you are house hunting.

In order to make smarter choices, it is best to browse the market and compare the pricing of houses available for sale first to find the best deal.

So, never settle for the first house that catches your eye and make a payment for it right away, which is the no.1 mistake of many first-time home buyers in Malaysia today.

Having negotiating skills can also be useful in this case as it might be able to help you get a better price and rebate incentives for your dream home.

Obtain Funding as a First-Time Home Buyer in Malaysia

Another important tip for a first-time home buyer in Malaysia is to first obtain the funding you need to buy your first house.

By securing your finance, you will then be able to find the type and price of a property that best fits your budget.

The bank will assist in evaluating your credit score to help determine whether you are a viable candidate to repay the loaned amount.

Apart from that, the bank will also look at your Debt Service Ratio (DSR) score to find out your eligibility for a housing loan.

So, the better your credit score, the higher your chances are of getting your loan approved by the bank.

First Home Scheme Program for First Home Buyers in Malaysia

You can also check out the first home scheme, which is a program for first-time homebuyers.

Malaysia’s first home scheme offers eligible applicants the chance to obtain loan financing up to 110% of the price of a property, which is something that all first-time home buyers should take advantage of.

Consider Your Options Before Buying Your First Home

Now that you understand that buying your first house as a first-time home buyer has its pressures, you might begin to weigh other alternatives.

However, once you have all the required details and know what it is exactly you are looking for in a first home, the home of your dreams is within your reach.

Though choosing your ideal 1st home is a subjective decision and varies from one individual to another, there will definitely be a house that is sure to meet all your needs as well as your budget.

Here at LBS, we are known for building not only affordable homes but also high-quality houses that are beautifully designed for today’s thriving communities.

To learn more about our housing projects, check out LBS Bina’s website now!

Comparison Between Affordable Housing and Luxury Housing

If you are new to the property world and are planning to buy your own housing property, then you might want to know the difference between affordable housing and luxury housing first.

There are obvious distinctions between the two, so it is always a good idea to identify them beforehand to select the best housing property that meets your needs.

Here is a helpful comparison to know between affordable housing in Malaysia and luxury housing:

The Price between an Affordable and Luxury Housing

The price of affordable housing in Malaysia and luxury housing is one of the most obvious differences between the two.

When it comes to shopping for a new house, affordability should be at the top of your list. Hence, an affordable home is what you should be looking at.

Typically, the prices of affordable homes for sale in Malaysia today range between RM 200,00 to RM 380,000.

However, based on Malaysia’s property outlook in 2023, it is expected that the affordable price range of affordable housing for sale in more popular locations is around and under RM 500,000.

Luxury homes in Malaysia, on the other hand, often begin at RM 500,000 and can scale up to millions of ringgit depending on the property type such as penthouses to bungalows.

The Investment Value of Affordable and Luxury Housing

If you are interested in buying property, then of course you will need to know the investment value of the property that you will be investing in for your future.

If you are looking for a safe and steady income to reap from your property investment, then you might want to go invest in affordable homes for sale.

This is because affordable housing is known to offer more consistent rental income as most of the population in the country who can only afford to rent prefer this option.

People today are mostly on the lookout for affordability and as long as they have a roof over their heads and their basic needs are met, renting an affordable home is the ideal choice for them.

However, luxury homes in a posh location that come with luxurious facilities and premium features do have an added advantage compared to an affordable home.

This is especially if you wish to one day sell off your property at an even better price to those who can afford it.

The Space of an Affordable Home vs Luxury Home

Another reason why a luxury home is more pricey compared to an affordable house for sale is the fact that it has a larger floor plan.

Luxury homes are no doubt so much more spacious and come with large master suites, expansive kitchens and massive bathrooms as well as other additional rooms like a theatre room, gym or gaming room.

Today, affordable housing developments are built and designed more for ‘cosy practicality’ rather than ultra-spaciousness to meet the demands of the growing middle-income population.

An affordable home though more compact still includes all the basic amenities of a home to meet your needs.

The Location of an Affordable Home and Luxury Home

Luxury housing projects are typically developed in more strategic locations such as major townships with vast areas, expansive greenery as well as better accessibility.

Apart from that, being located in a prime location gives luxury housing easy access to hot spots, essential amenities and other conveniences.

Affordable housing projects, on the other hand, are normally developed outside of popular townships and locations and are known to be located in less-than-promising neighbourhoods.

Sometimes, affordable housing projects can also be located quite a distance away from amenities and hot spots such as schools, banks, shopping malls and others.

The Amenities and Security of Affordable Housing vs Luxury Housing

Affordable housing developments in Malaysia today normally come with basic facilities, nearby essential amenities as well as security measures.

Compared to affordable housing, luxury housing, however, offers top-notch features, from exclusive facilities to premium amenities for the high-end lifestyle where everything you need is within reach.

Apart from that, luxury homes also have a more elegant exterior as well as come with additional perks that an affordable home might not have, which include better quality security such as a smart security system.

‘Luxury’ Affordable Housing Projects to Meet All Your Needs & More

Though living in a luxury home seems out of reach for many of us, today, there is such a thing as ‘affordable luxury’.

Here at LBS Bina, we are known for building and designing high-quality and affordably-priced houses that inspire and enhance community living.

Besides that, we also keep up with the ever-evolving trends in architectural design, giving homeowners not only comfortable living spaces but also beautifully designed homes that look luxurious.

Now, it is possible to have a taste of luxurious living at an affordable price tag with our affordable homes.

To learn more about our affordable housing projects, check out LBS Bina’s website now!

Steps to Buy a New Commercial Property in Malaysia

If you’re planning to launch a business or open a retail shop in Malaysia, then you are probably on the lookout for a suitable commercial property to invest in.

Selecting the best commercial property that meets the needs of your business is significant for its success.

However, having a concrete business model first and foremost is crucial in selecting the right commercial property for your business.

First things first, you will need to know exactly what your business is all about and what you are going to do.

Then, you need to know what your target market is as well as understand who your target customers are.

Once you have your business model, finding the perfect commercial property to buy won’t be too much of a challenge.

However, here are some other steps you need to take note of before settling for a commercial property:

Know Your Budget Before Buying a Real Estate Commercial Property

Similar to buying a car or a new house, you definitely need to know how much you can afford to pay for a commercial property each month.

So, determine what your budget is like and work out your monthly expenses to see how much you are willing to pay for it.

Especially if you buy a new commercial property that is just being developed, you won’t be seeing any returns on your investment just yet.

This is why you will need to know how much of your disposable income you can set aside for monthly payments.

Consider the Location of the Commercial Property

Another important thing to take note of before you buy a commercial property in Malaysia is to consider its location.

This should definitely be part of your business strategy as the location can make or break your business.

Most businesses end up failing because of selecting a commercial property in the wrong location.

So, conduct extensive research on your target customer’s demographics and select a location with a wider target market.

Apart from that, you might also want to consider the accessibility of customers and the distance between the end user and the supplier.

Check out LBS for the current and available commercial properties for sale in your area.

You can discover our new commercial property launches in Malaysia by visiting our website today!

Check Out the Surroundings and Amenities of the Commercial Shop

When browsing for a commercial property for sale, you should also check whether the commercial property offers additional yet critical amenities such as parking, security, lifts and others.

You can also make future improvements to your commercial property such as having a smart security system to enhance its resale value.

Besides that, you might want to think of spending a little extra on excellent amenities as part of your marketing differentiation for your business to set it apart from your competitors.

Consider the Renovation Needed for the Commercial Retail Shop

Another thing you might need to consider is a possible renovation of the commercial property.

No commercial property is entirely perfect for some businesses out there so you might need to do a bit of renovation to meet the needs of your business.

Before purchasing a commercial property that requires renovation, estimate the cost and verify if it fits within your budget.

Then, examine the building to evaluate how the alterations may affect the look and feel of the surrounding neighbourhood.

Different Types of Landed Property that are Available on the Malaysia Market

Malaysia’s property market offers various types of residential properties, including diverse landed property options.

Each of these different landed houses has its own features and advantages to cater to different home buyers’ needs and wants.

So if you’re looking for a landed house that is ideal for you and your family, understanding the different types of landed property options will help you determine the best home for you.

Affordable Landed Terrace House for Small Families

Terrace residences are one of the most commonly developed and sought-after landed houses for sale in Malaysia because of their affordability and practicality.

Terraced housing is residences that are constructed in rows with a similar and consistent facade that is erected next to one another with two shared walls, except for the corner house unit.

Normally, terrace houses in Malaysia can be single-storey and go up to three storeys, which is spacious enough and ideal for small to medium families.

The Unique Landed Townhouse Property That Comes with Strata Title

A townhouse is a landed property that is almost similar to a terrace house as it has multiple floors that are at least two to four storeys high and is usually built in rows of four or more.

However, what sets this type of landed house in Malaysia apart from a terrace house is that it comes with a strata title of ownership, just like a high-rise property.

Though a townhouse is likely to be more affordable than a terrace house, living in a townhouse requires specific maintenance and upkeep to be shared amongst its residents.

The good thing about this is that you won’t need to shoulder the burden of costs on your own or worry about doing the maintenance and upkeep yourself.

The Spacious Bungalow For Luxurious Living

Being one of the most expensive landed house types on the list of landed properties, bungalow is meant especially for those who love and can afford the finer things in life.

A bungalow can span up to 5,000 sq ft or more and provides ample room and seclusion even for a large family.

One of the best things about a bungalow is that it offers the highest level of privacy compared to other types of landed houses for sale, so you won’t have to worry about nosy neighbours.

You will also have more freedom when it comes to designing and renovating your living spaces if you choose to live in a bungalow.

The Semi-Detached Landed Property for Enough Privacy

Another popular type of landed house development in Malaysia is the semi-detached house.

A semi-detached house is usually built in pairs, sharing a common wall and is connected to another unit with one house’s plan mirroring the other.

Compared to a terrace house, a semi-detached house is often more pricey but offers a more ample space such as a larger backyard and front porch.

This type of landed property in Malaysia is ideal for those who prefer a little more privacy and more outdoor yard space.

New Landed House Projects for Sale in Malaysia

Hunting for a new landed house to call home?

LBS is one of Malaysia’s top property developers and we build not only high-quality homes for all but also create thriving communities through our projects.

To find out more about our latest landed house projects in Malaysia, visit our website today!

Everything You Should Know About a Townhouse in Malaysia

The development of residential properties in Malaysia has increased in recent years to meet the demands of enthusiastic property investors and interested homebuyers.

Various kinds of residential properties can be found in Malaysia that are developed to meet the different needs and lifestyles of the growing population.

One type of residential property, in particular, such as the townhouse in Malaysia, though less popular than the condo or apartment, is slowly gaining recognition as a property to look out for.

Today, many people are thinking of buying a townhouse in Malaysia because of its uniqueness as a residential property.

What is a Townhouse Property?

You are probably here because you want to know more about townhouses in Malaysia. So, let’s get started.

Townhouses go way back to Europe’s 17th century and were mostly found in city and town areas at that time, as its name suggests and are resided by aristocrats and wealthy families.

They were widely popular back in those days to accommodate the high density and growing population of citizens in the area.

Today, a townhouse in Malaysia is a terraced residential property with a small footprint and multiple floors that are at least two storeys but can also go up to three or four storeys and is usually built in rows of four or more.

A townhouse shares a wall or two with another adjacent property and each will have its own separate entrances and may even have a front lawn and backyard.

What’s the Difference Between a Condo, an Apartment and a Townhouse in Malaysia?

A condo and an apartment are high-rise residential properties but what usually sets them apart is the ownership. Whilst a condominium is where different individuals own each unit, an apartment building, on the other hand, is owned by a corporation or a single person.

Besides that, the difference can also be seen in terms of facilities whereby condos are known to have more variety of facilities and are considered more luxurious compared to apartments.

Unlike a condominium and an apartment, a townhouse in Malaysia is a hybrid and somewhere in between being a high-rise property and a terrace house. However, they also come with strata titles of ownership just like condominiums and apartments.

This means that living in a townhouse in Malaysia requires specific maintenance and upkeep to be shared amongst its residents.

The Benefits of Buying a Townhouse in Malaysia

If you are interested in buying a townhouse in Malaysia, you should know the pros and cons of owning one beforehand.

So, here is what you need to know:

A Townhouse Offers More Privacy

Compared to living in a condo or apartment where you are sharing a common entrance with other residents, a townhouse in Malaysia offers the same kind of privacy that a landed house would, even in a shared development environment.

The Price of a Townhouse Can Be More Affordable Than a Landed Property

Today, you can find a townhouse for sale in Malaysia that is more affordable than a landed house. So, if you would like to enjoy a few of the perks that a landed house has to offer, a townhouse might be another option to look at.

Living in a Townhouse Means You Get to Share the Costs

As mentioned, a townhouse in Malaysia is a stratified property where facilities are shared, including repair and maintenance costs.

This means that you won’t need to shoulder the burden of costs on your own or worry about doing the maintenance and upkeep yourself.

The Drawbacks of Buying a Townhouse in Malaysia

Though buying a townhouse in Malaysia has its wins, there is also some compromise that comes with it.

Some of these drawbacks include:

Owning a Townhouse Comes with Some Restrictions

Sometimes, one of the things we enjoy in life is freedom, and this includes having the freedom to renovate your home however we like.

Unfortunately, having a shared development agreement, there is a limitation in terms of how you would like to renovate your townhouse in Malaysia.

Your Privacy is Limited if You Live in a Townhouse

Though living in a townhouse in Malaysia does offer some privacy, it is not the absolute kind of privacy that a landed property offers as a townhouse is a ‘shared’ building between residents.

Living in a Townhouse Might Be Inconvenient For Some People

This is because a townhouse has multiple floors of two or more storeys, which you may not find convenient, especially if you have elderly family members living with you.

Then again, these are all just minor considerations to take note of if you still desire to buy or live in a townhouse in Malaysia.

There is definitely a novelty about townhouses that capture the heart, and if your dream home has always been a chic London-style inspired home, then a townhouse will be perfect for it.

Where Can I Find New Townhouses For Sale Near Me?

If you are thinking of buying a townhouse in Malaysia, we suggest you check out the current LBS townhouse projects that are available.

LBS is one of Malaysia’s top property developers, building not only high-quality homes but also creating thriving communities through our projects.

To find out more about townhouse projects in Malaysia, visit our website today.

The Five Benefits of Staying in a Malaysia Apartment

Are you on the hunt for your first home or thinking of relocating and getting a new place?

Between an apartment in Malaysia and a landed house, you might wonder which is the best choice for you.

Though living in a landed house has its advantages such as being spacious in size, there are also numerous perks that living in an apartment in Malaysia offers.

As a result, more and more people today are constantly seeking out apartments for sale. From new apartment developments to low-cost apartments in Malaysia, apartments are regarded as a good investment opportunity.

So, if you are indecisive about buying an apartment in Malaysia, here are five benefits of staying in a Malaysia Apartment that you should know about:

Living in an Apartment Buildings Enhances Community Connection

Human connection is such an essential part of being human, especially for our well-being, and the pandemic has really taught us to never take it for granted.

This is why living in an apartment or service apartment in Malaysia today is a good choice as they are designed for creating a more social lifestyle and building a connection with neighbours.

Besides that, living close to your neighbours in a Malaysia apartment residence also allows the opportunity to foster friendships.

The usual facilities available at a service apartment in Malaysia or Malaysia apartment such as the pool, gym, garden and playground give you a chance to socialise with neighbours while you have fun and relax.

The Apartment Life Today Offers Great Convenience

Another great thing about staying in a Malaysia apartment today is that most new apartment project developments in recent years offer incredible conveniences to its residents.

Apartments and service apartments in Malaysia today are developed in thriving townships and are within proximity to the city and various hot spots.

This allows you to have easy access to many conveniences and essential amenities such as grocery stores, shopping malls, restaurants, hospitals, schools and others.

Worry Less About Maintenance When Staying in a Malaysia Apartment

Compared to living in a landed house, you do not have to worry about the maintenance of your residences when you stay in an apartment.

This is another reason why many people are seeking out apartments and service apartments for sale in Malaysia.

This is because several of the maintenance of apartments and service apartments in Malaysia today is the responsibility of the management.

This includes the maintenance of the facilities, cleanliness of the complex, leaky roof repairment and others.

Today, the top apartment development in Malaysia also features a 24-hour support line for residents to report any issues regarding the maintenance and upkeep of their residences.

More Security is Guaranteed When Living in an Apartment

Many apartments in Malaysia today, especially new apartment projects and developments feature enhanced security and safety measures.

Apart from having CCTVs placed in public areas including high-risk areas within and around the apartment complex as well as having security guards on duty around the clock, most apartments in Malaysia today are equipped with multi-tier and smart security systems.

Such security measures put in place will allow you to have peace of mind about theft issues, and other unwanted and petty crimes at your residences.

Enjoy Time in the Garden at Your Service Apartment

Many apartments and service apartments in Malaysia today are designed with beautiful and lush gardens where its residents can go and unwind.

The best part? You do not need a green thumb or ever have to worry about the garden’s upkeep.

So, enjoy a bit of nature close to home at your Malaysia apartment and relish in some peace and quiet there as much as you like!

The Best Freehold Apartments Nearest to You!

Hunting for an apartment for sale in Malaysia or Kuala Lumpur to make your dream home wishes come true?

Check out LBS Bina for exciting new apartment projects today!

Five Biggest Reasons Why Condominiums in Malaysia are Growing Popular

As one of the most prominent property developers in Malaysia since 1960, LBS Bina has evolved to become more than just that. Apart from developing affordable quality homes, we are also building thriving townships with flourishing communities in the country.

Recently, we have seen a growing trend in the popularity of condominiums in Malaysia for homebuyers for several relevant reasons. According to findings, the demand for new condominium developments has increased by 5.2 per cent and 11.7 per cent, respectively since 2021.

Here are five main reasons why a condo in Malaysia has been sustaining a high demand in the country:

Condominium Price is Usually More Affordable than Landed Property

Landed properties are significantly more expensive because of their size, which is why many homebuyers today are seeking out more affordable properties like new condos for sale.

However, a condominium in Malaysia is a popular choice not just because it is reasonably priced but also because it is less expensive when it comes to maintenance.

Though it offers substantially lower square footage, a condo in Malaysia still provides the comforts of home but without the hassle of several residential maintenance for that peace of mind.

This is because your property developer’s Homeowners Association (HOA)  or condo board is in charge of the roof, landscaping, and maintenance of the building’s exterior.

The Condos for Sale Today Have Better Accessibility

One of the great things about new condo projects today, is that they are being developed in highly accessible locations such as the city.

This is because many homebuyers are on the lookout for upcoming condominium projects in Malaysia for this very reason.

Condos in Malaysia are becoming especially popular among young adults and those who wish to dwell in the city. Location-wise, it offers better opportunities for jobs and career development, daily conveniences as well as better connectivity with public transportation and accessible roads.

Overall, living in a condominium in Malaysia allows better access to nearby conveniences, amenities and hot spots to meet your everyday needs.

The Landscaping and Maintenance of a Condo in Malaysia is Taken Care of

One of the perks of residing in a condominium in Malaysia is that residents have access to a range of facilities just outside their homes.

Most condos in Malaysia today come with a swimming pool, gym, garden, playground, convenience store and other facilities. These facilities offer maximum convenience for its residents whilst enhancing their quality of life without the need for carrying out the maintenance themselves.

This also makes investing in a condominium a wise choice because the value of a condominium in Malaysia is always rising.

New Condominium Developments Today is Often Highly Secured and Safe

Some of the best condominiums in Malaysia today, especially new condo developments are known to have high security and safety standards.

Besides having experienced and professional security guards on duty 24/7, many condos in Malaysia today are also equipped with surveillance cameras on every floor, in the elevators as well as public areas.

Other than that, condominiums in Malaysia today are also equipped with controlled access at the entrances to avoid outsiders from freely entering as well as multi-tier security for that extra peace of mind.

New Condo Launches are an Excellent Opportunity for Investment

If you are looking to invest in property, then look out for condos for sale which profits you can reap from in the long run.

Like other properties in the market, the value of condominiums in Malaysia rises from time to time, and depending on the location, some condos may even fetch a pretty price.

On top of that, unlike other types of properties, a condo in Malaysia will require less maintenance and make simple-to-maintain investments for property investors in the country, which allows you to sell it at a more significant profit in the future.

So, why not check out LBS Bina’s upcoming condominium projects in Malaysia and condos for sale?

Discover more at LBS Bina today!

The Blind Spots (Or Hidden Costs) When Buying A Home In Malaysia

The Blind Spots (Or Hidden Costs) When Buying A Home In Malaysia

Is one of your new year resolutions for 2023 purchasing a house of your own? Pretty confident that you’ve done the math? We hate to be your party-pooper, but as much as we are proud of you making that leap in life, we believe that you need to be made aware of homeownership costs that may have fallen under your radar. So, we have listed down different hidden costs that we wish we knew when purchasing our first property:

1. Upfront costs & legal fees

By now, you should be made known that our banks can provide financial assistance of up to 90% of the property’s price for your first two residential properties. For those purchasing your first one, the Rumah IDAMAN should be in your list! With the 90% covered for, we will still need to set aside a 10% down payment to cover the remaining property’s price. For instance, the Rumah IDAMAN has a starting price of RM250,000, and so, the down payment in this case will be RM25,000.

The following are the items you need to find out the cost of and are dependent on your property price:

Sale & Purchase Agreement (SPA)

This consists of legal fees, stamp duty and legal disbursement fees.

Loan agreement

This comprises of legal fees, stamp duty and legal disbursement fees.

Transfer of ownership better known as memorandum of transfer (MOT)

Tax on legal agreements

These are expenditures that need to be paid there and then, so it is an absolute must to have the said sum at hand upon making the decision to purchase a home.


2. Home Insurance

To be fair, home insurance is a topic that deserves its very own article no thanks to the sheer amount of information that you need to get your hands on, so we will only be covering on this topic very briefly here.

Similar to having insurance for your health is equally important as getting a health insurance to protect yourself against unforeseeable events. Buying a home is also a form of investment and just like any other investments, you will want to have proper protection in place to cover your property.

Here are some common home insurance policies that you should know about;

Basic fire insurance: Loss or damage of the house and/or its contents due to fire, lightning, and/or explosion.

Houseowner insurance: Similar to Basic Fire Policy, with extended coverage such as floods, burst pipes, natural disasters, and theft for residential properties.

Householder insurance: Similar to Houseowner Policy, with extended coverage on fatal injuries caused by the insured items.

3. Utility charges

To ensure that your future home is ready-to-stay you will need certain basic utilities and services, such as:

  • Electricity – Tenaga Nasional Berhad (TNB)
  • Water
  • Indah Water – Sewerage
  • Internet connection


4. Maintenance fee and sinking funds

If the home that you are eyeing for holds a strata title, such as high-rise units where you share common public facilities like the swimming pool and the gym, you have to set aside some cash for monthly maintenance fees, which will be used for regular upkeeping of the shared facilities and services, including security and garbage disposal.

You will also need to set aside money for sinking funds. The fee is collected by your residential Joint Management Body (JMB) and will be used for expenses such as building repair works. We’ve covered this topic more extensively on our previous topic here. 


5. Makeover, Renovation, & Aftercare

Regardless the condition of the property you intend to purchase, you need to consider both the immediate costs for personalizing it to your liking and the maintenance of it.

Of course, with a larger property, comes a larger price tag for furnishings. So, perhaps, bigger may or may not be necessarily better, it all boils down to your needs.

Do allocate certain amount for renovation, but for LBS Bina homebuyers and homeowners, you are in luck, as LBS has officially launched the LBS Bina Home Makeover with Goodnitecampaign. In this campaign lucky LBS homeowners will win themselves a home makeover for a part of your home that you desire, from the Living to Bedroom area worth a total of RM25,000 each!

Should you be buying a subsale property that also includes furniture as part of the package, make sure you are okay with everything that comes with it, because should that particular piece of furniture happen to become an eyesore down the road, it will cost you some cash to hire someone to move it away later on.

All these lingos might be overwhelming, but what’s most important is not to be afraid from these expenditures but to be aware that they exist. Treat all of the above more as a checklist and tick it off every time you’ve gotten a proper understanding of each expenditure.

With every item checked off your list, your finances will definitely be more well-structured. A very important element of a dream home is to have a homeownership experience that is free from expenses that will take you off guard and we hope for those of you who’ve read till this point, you will achieve just that and we wish you the very best on your homeownership journey!

New Year, New Goals



According to Johnson, (2022), there is no cut-off date for when you should officially stop wishing people a Happy New Year. However, as January rolls around and you bump into people you didn’t see over the new year, you may find yourself wishing them a Happy New Year.  Although this frequently happens, you’ll probably find that you stop naturally saying it as the first month of the new year comes to an end.

LBS Bina Group Berhad kick-started the new year 2023 with a successful annual media briefing spearheaded by Corporate Communication, Media & Digital Department. It was announced that in the year 2023, LBS is planning to launch 12 new projects which will cover the Klang Valley, Johor, Pahang, and Perak states, with a total GDV of RM2.09 billion and 4,021 cumulative units.

The Group is looking forward to achieving greater possibilities and beyond amidst global challenges as they welcomed 2023 with their annual town hall held at the LBS headquarters to share the company’s objectives and direction for the year 2023.

The theme for this year’s Town Hall meeting is (Tu) Possibilities & Beyond!, which depicts the eagerness to embrace growth and look out for new strategies in expanding LBS. The Group believes there are boundless possibilities and opportunities that will be achievable if one works harder and smarter. The Chinese word “兔” sounds alike to “To” and the Rabbit zodiac represents smart, clever an agile, aligned with the year of rabbit.

In line with the theme, LBS plans to continue embracing digitalisation as they have continued seeing great success and growth in this aspect, particularly prior to the pandemic outbreak and is one of the elements which aid LBS to pull through during the most difficult national outbreak. Today, the Group is set out to spearhead digitalisation in the property developer market.

The management of LBS, led by our beloved Executive Chairman, Tan Sri Lim Hock San, is confident that with the staff’s continuous support and by consistently offering exciting projects to customers, the Group will be able to achieve the sales target of RM2 billion they have set for this year.

Meanwhile, our LBS Iron Lady, Dato’ Cynthia Lim, highlighted that LBS will continue to improve on company culture in 2023. She understands that an organisation that is multi-generations looks great on paper but is bound to have inevitable communication barriers. Company culture is a vital aspect for LBS and they have made it a point to understand all generations of employees. The Group look forward to keep on progressing and growing beyond their imagination as LBS continues to embrace the differences between generations and learn to cohesively work together.

“Write in your heart that every day is the best day in the year.”  (Emerson)

Happy New Year 2023!

– End –

Huffing A Breath Of Newness Into Brinchang, Cameron Highlands

Planning a weekend getaway with your loved ones? Or just to relax while sipping on your favourite cup of latte, simply enjoying the cold breeze on the top of the hillside, with a twist of modernity? Start your engine and let’s go!

Located at approximately 5,000 feet above sea level, Cameron Highlands, Pahang is a highly-visited holiday spot where tourists from all around the world come to experience a serene and peaceful get-away from the hustle and bustle of the city. Over the years, famous tourist attractions include tea plantations, fresh fruits and vegetables farmlands, gardens and nurseries, and of course hotels and resorts. Cameron Highlands is easily accessible by car via two routes – Simpang Pulai and the original road through Tapah. The Tapah road is great for travellers who want to enjoy the great view of scenery where you can take a quick stop at the Lata Iskandar Waterfall for a picture or two. 

To give Cameron Highlands a breath of newness, the latest attraction, Cameron Centrum is brought here to offer a whole new commercial experience to the locals as well as tourists. The new English Tudor-style development suited to the cool climate in Cameron Highlands of 22 to 25 degree Celsius during the day and 15 to 22 degree Celsius at night is also very promising to give its customers a feeling of being abroad. Cameron Centrum is located close to many famous tourist sites and attractions in Cameron Highlands, making it very accessible and convenient for its tourists. It is an establishment that currently consists of shoplots, with hotels and residential buildings in the near future. This is definitely a haven for shopping and sightseeing with breathtaking views of the natural surroundings. Another most recent tourist attraction in Cameron Highlands is a new floral park that has recently opened in November. Located in Kea Farm, Cameron Flora Park, is a visual treat for the eyes, and is definitely a picturesque spot that is perfect for those who love to take pictures for their Instagram. Walking into the Cameron Flora Park is like walking into a paradise of all kinds of colourful flowers featured in every corner of the garden. This is also a great spot for picnics – an all-girls’ picnic trip, family and friends’ picnic – you’ll find yourselves surrounded by the beauty of the floral garden, not to mention the floral scent that you’ll be sniffing throughout! Be sure to stop by Cameron Flora Park the next time you make a trip to Cameron Highlands.

In the past, tourists came to Cameron Highlands for a more laid-back environment with mostly natural surroundings, but recently, since the inception of Cameron Centrum, tourists can now enjoy nature with a modern twist. Major brand names can now be found at the property, such as Family Mart, MarryBrown, McDonald’s, Starbucks, Billion Shopping Centre, The Coffee Bean & Tea Leaf and Baskin-Robbins, just to name a few. A giant clock tower is located in the center of the shoplots, kind of giving the Big Ben feels for its visitors. If Big Ben sounds unfamiliar to you guys, Google up okay? For those who love taking photos for Instagram, Cameron Centrum is definitely voted for being Instagrammable! The Centrum is developed in a way that much of its Highlands’ character remains unchanged, where most of the English charms from its colonial past are still seen in the buildings. This is made so to preserve the historical value of the town, where it is almost like bringing their visitors to the nostalgic olden colonial days in a more modern setting. The vibrant lights, cool weather and English architecture of the building will give local tourists the little European atmosphere with a touch of magic right here at Cameron Centrum. 

Visitors and locals can now enjoy an upgrade in nightlife actions at Cameron Centrum. On its own, Cameron Highlands is not a hotspot for tourists if they are looking for a wild nightlife, though there are spots that cater to night drinking like pubs and bars. More business establishments are coming to the Centrum, and this is a new opportunity opening up for locals, visitors, as well as business operators. Really, what can beat a night of sipping a cup of hot chocolate with your loved ones with the cold breeze slightly blowing in your face, with your hands against the cup to find warmth, while you savour each sip of your favourite drink? After all, life is to be celebrated!

Cameron Centrum is going to be very hard to miss in the town of Brinchang. With an open boulevard concept, Cameron Centrum is set to be a benchmark for style, elegance and urban modernity in the town. The development is created to cater to these modern-day requirements, master-planned to attract both local and foreign tourists for a contemporary, modern and trendy destination for work, play, food and drinks, retail and more. It will be an all-in-one establishment – trendy stays at hotels and residential areas, shops, while open spaces and nature complement the other, carefully and mindfully built to attract and retain tourists. For a weekend getaway with friends and family, Cameron Centrum is the perfect place and it does not matter if you are in Cameron Highlands for a breath of nature or for an Insta-worthy holiday treat.

As the year 2022 is coming to an end with the Christmas season near, a short holiday trip to Cameron Highlands sounds like the perfect plan for a family and friends gathering. The year end season also means that sales are in full swing, so now is the time for all of you to splurge and pamper yourselves with a little of something good this year (Everyone deserves a treat for themselves every now and then!) Taking a holiday in Cameron Highlands is actually quite affordable compared to other holiday spots in the country. Cheap and good food is easily accessible in Brinchang Town, and in an end-of-the-year rainy season, hot pot steamboat dinner is highly sought after by tourists. If you do go to Cameron Highlands, please remember to treat yourselves to a hot pot steamboat dinner to mark your holiday. If you’re feeling a bit expensive and are looking for something grander and more exquisite, go to Cameron Centrum for a fancy treat.