Astella is the latest neighbourhood in the award-winning D’ Island Residence township which permits resident to experience tranquil living embraced by thousand-acre lake just moments from the city vibes. Surrounded by a 1,000-acre lake privileged by idyllic D’ Island Residence township, Astella exudes a charm that captures a well-balanced lifestyle combining urban access with enchanting serenity.
Please call us at 1700 81 8998 to make appointment and visit our sales gallery at the following address:
Open Daily from : Monday – Sunday (10.00am – 6.00pm) Waze : Astella Show Unit @ D’island
Royalty Grace ‘Majlis Menjunjung Kasih’ LBS Ascends to New Horizons in the Year of the Dragon
Petaling Jaya, 24 January 2024 – LBS Bina Group Berhad (“LBS”) hosted a Majlis Menjunjung Kasih and Chinese New Year Hi-Tea at Shangri-La Kuala Lumpur, graced by the august presence of His Majesty, KDYMM Seri Paduka Baginda The Yang Di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah, accompanied by DYMM Seri Paduka Baginda The Raja Permaisuri Agong, Tunku Hajah Azizah Aminah Maimunah Iskandariah binti Almarhum Al-Mutawakkil Alallah Sultan Iskandar Al-Haj.
Tan Sri Ir (Dr) Lim Hock San, Group Executive Chairman of LBS Group Berhad, conveyed heartfelt gratitude for the devoted service of the King and Queen, praising their commitment, wisdom, and compassion in leading Malaysia. The joyous occasion was complemented with the presence of HRH Crown Prince of Pahang, Tengku Mahkota Tengku Hassanal Ibrahim Alam Shah Ibni Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, Tuan Yang Terutama Tun Datuk Seri Utama Mohd Khalil bin Yaakob, the 6th Former TYT of Malacca, YB Tan Sri Dato’ (Dr) Johari Bin Abdul, Speaker of Dewan Rakyat, YB Senator Tengku Dato’ Sri Utama Zafrul Tengku Abdul Aziz, Minister of International Trade, YAB Datuk Seri Utama Abdul Rauf Bin Yusoh, Chief Minister of Malacca, and Deputy Speaker of the Dewan Rakyat, YB Puan Alice Lau Kiong Yieng, alongside 500 esteemed guests.
Tan Sri Lim expressed profound gratitude to the entire LBS family, including staff, shareholders, business partners, and media associates, recognizing their continuous commitment and pivotal role in the collective triumphs of the organization. As a beacon of people-first principles, LBS remains steadfast in its commitment to fostering unity and providing accessible, high-quality housing solutions. This commitment aligns with our corporate social responsibility, including the ambitious goal of achieving net-zero carbon emissions by 2050.
To the leaders, friends, and families gracing us with their presence today, I extend heartfelt wishes for a year filled with abundance, opulence, and good fortune. The dedication of Your Majesties to the people, promotion of unity, and progressive development in our nation have left a remarkable impact and will be remembered by the nation for years to come,” concluded Tan Sri Lim
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For Immediate Release
Royalty Grace ‘Majlis Menjunjung Kasih’ LBS Ascends to New Horizons in the Year of the Dragon
Petaling Jaya, 24 January 2024 – LBS Bina Group Berhad (“LBS”) hosted a Majlis Menjunjung Kasih and Chinese New Year Hi-Tea at Shangri-La Kuala Lumpur, graced by the august presence of His Majesty, KDYMM Seri Paduka Baginda The Yang Di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah, accompanied by DYMM Seri Paduka Baginda The Raja Permaisuri Agong, Tunku Hajah Azizah Aminah Maimunah Iskandariah binti Almarhum Al-Mutawakkil Alallah Sultan Iskandar Al-Haj.
Tan Sri Ir (Dr) Lim Hock San, Group Executive Chairman of LBS Group Berhad, conveyed heartfelt gratitude for the devoted service of the King and Queen, praising their commitment, wisdom, and compassion in leading Malaysia. The joyous occasion was complemented with the presence of HRH Crown Prince of Pahang, Tengku Mahkota Tengku Hassanal Ibrahim Alam Shah Ibni Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, Tuan Yang Terutama Tun Datuk Seri Utama Mohd Khalil bin Yaakob, the 6th Former TYT of Malacca, YB Tan Sri Dato’ (Dr) Johari Bin Abdul, Speaker of Dewan Rakyat, YB Senator Tengku Dato’ Sri Utama Zafrul Tengku Abdul Aziz, Minister of International Trade, YAB Datuk Seri Utama Abdul Rauf Bin Yusoh, Chief Minister of Malacca, and Deputy Speaker of the Dewan Rakyat, YB Puan Alice Lau Kiong Yieng, alongside 500 esteemed guests.
Tan Sri Lim expressed profound gratitude to the entire LBS family, including staff, shareholders, business partners, and media associates, recognizing their continuous commitment and pivotal role in the collective triumphs of the organization. As a beacon of people-first principles, LBS remains steadfast in its commitment to fostering unity and providing accessible, high-quality housing solutions. This commitment aligns with our corporate social responsibility, including the ambitious goal of achieving net-zero carbon emissions by 2050.
To the leaders, friends, and families gracing us with their presence today, I extend heartfelt wishes for a year filled with abundance, opulence, and good fortune. The dedication of Your Majesties to the people, promotion of unity, and progressive development in our nation have left a remarkable impact and will be remembered by the nation for years to come,” concluded Tan Sri Lim
Agong dan Permaisuri Bercemar Duli ke Majlis Menjunjung Kasih LBS Sempena Sambutan Tahun Baru Cina 2024
Petaling Jaya, 24 Januari 2024 – Pemaju hartanah pilihan rakyat, LBS Bina Group Berhad (“LBS”) telah menganjurkan Majlis Menjunjung Kasih dan Minum Petang Tahun Baru Cina 2024 di Shangri-La Kuala Lumpur. Majlis tersebut turut diserikan dengan keberangkatan KDYMM Seri Paduka Baginda Yang Di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah dan diiringi DYMM Seri Paduka Baginda, Raja Permaisuri Agong, Tunku Hajah Azizah Aminah Maimunah Iskandariah binti Almarhum Al-Mutawakkil Alallah Sultan Iskandar Al-Haj.
Tan Sri Ir (Dr) Lim Hock San, Pengerusi Eksekutif Kumpulan LBS Group Berhad, merakamkan setinggi-tinggi penghargaan dan terima kasih di atas khidmat bakti Agong dan Permaisuri, serta memuji komitmen, kebijaksanaan serta bertimbang rasa di sepanjang tempoh pemerintahan Baginda berdua. Majlis Minum Petang tersebut turut dimeriahkan dengan kehadiran KDYMM Seri Paduka Baginda Tengku Mahkota Pahang, Tengku Mahkota Tengku Hassanal Ibrahim Alam Shah Ibni Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, serta dif-dif kehormat termasuk, Tuan Yang Terutama Tun Datuk Seri Utama Mohd Khalil bin Yaakob, Mantan TYT Ke-6 Melaka, YB Tan Sri Dato’ (Dr) Johari Bin Abdul, Speaker Dewan Rakyat, YB Senator Tengku Dato’ Sri Utama Zafrul Tengku Abdul Aziz,Menteri Pelaburan, Perdagangan Dan Industri, YAB Datuk Seri Utama Abdul Rauf Bin Yusoh, Ketua Menteri Melaka, dan Timbalan Speaker Dewan Rakyat, YB Puan Alice Lau Kiong Yieng bersama 500 tetamu kehormat.
Tan Sri Lim turut menzahirkan setinggi-tinggi penghargaan kepada seluruh keluarga LBS, termasuk kakitangan, pemegang saham, rakan kongsi perniagaan dan rakan media, mengiktiraf komitmen berterusan dan peranan penting mereka dalam kejayaan organisasi. Sebagai pemaju hartanah pilihan rakyat, LBS kekal teguh dalam komitmennya dalam memberi sokongan dalam memupuk perpaduan dan menyediakan penyelesaian perumahan berkualiti tinggi dan boleh dicapai. Komitmen ini sejajar dengan tanggungjawab sosial korporat LBS, termasuk cita-cita syarikat untuk mencapai Pelepasan Karbon Sifar Bersih menjelang 2050.
Kepada para pemimpin, rakan-rakan dan ahli keluarga yang hadir pada hari ini, saya menyampaikan hasrat ikhlas agar anda semua dilimpahi dengan kemewahan dan kejayaan sempena tahun Naga ini. Dedikasi Tuanku kepada rakyat, di dalam mengukuhkan perpaduan dan pembangunan progresif di negara kita telah meninggalkan kesan yang luar biasa dan akan diingati oleh negara untuk tahun-tahun yang mendatang,” ujar Tan Sri Lim.
-Tamat-
Untuk Siaran Segera
Agong dan Permaisuri Bercemar Duli ke Majlis Menjunjung Kasih LBS Sempena Sambutan Tahun Baru Cina 2024
Petaling Jaya, 24 Januari 2024 – Pemaju hartanah pilihan rakyat, LBS Bina Group Berhad (“LBS”) telah menganjurkan Majlis Menjunjung Kasih dan Minum Petang Tahun Baru Cina 2024 di Shangri-La Kuala Lumpur. Majlis tersebut turut diserikan dengan keberangkatan KDYMM Seri Paduka Baginda Yang Di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah dan diiringi DYMM Seri Paduka Baginda, Raja Permaisuri Agong, Tunku Hajah Azizah Aminah Maimunah Iskandariah binti Almarhum Al-Mutawakkil Alallah Sultan Iskandar Al-Haj.
Tan Sri Ir (Dr) Lim Hock San, Pengerusi Eksekutif Kumpulan LBS Group Berhad, merakamkan setinggi-tinggi penghargaan dan terima kasih di atas khidmat bakti Agong dan Permaisuri, serta memuji komitmen, kebijaksanaan serta bertimbang rasa di sepanjang tempoh pemerintahan Baginda berdua. Majlis Minum Petang tersebut turut dimeriahkan dengan kehadiran KDYMM Seri Paduka Baginda Tengku Mahkota Pahang, Tengku Mahkota Tengku Hassanal Ibrahim Alam Shah Ibni Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, serta dif-dif kehormat termasuk, Tuan Yang Terutama Tun Datuk Seri Utama Mohd Khalil bin Yaakob, Mantan TYT Ke-6 Melaka, YB Tan Sri Dato’ (Dr) Johari Bin Abdul, Speaker Dewan Rakyat, YB Senator Tengku Dato’ Sri Utama Zafrul Tengku Abdul Aziz,Menteri Pelaburan, Perdagangan Dan Industri, YAB Datuk Seri Utama Abdul Rauf Bin Yusoh, Ketua Menteri Melaka, dan Timbalan Speaker Dewan Rakyat, YB Puan Alice Lau Kiong Yieng bersama 500 tetamu kehormat.
Tan Sri Lim turut menzahirkan setinggi-tinggi penghargaan kepada seluruh keluarga LBS, termasuk kakitangan, pemegang saham, rakan kongsi perniagaan dan rakan media, mengiktiraf komitmen berterusan dan peranan penting mereka dalam kejayaan organisasi. Sebagai pemaju hartanah pilihan rakyat, LBS kekal teguh dalam komitmennya dalam memberi sokongan dalam memupuk perpaduan dan menyediakan penyelesaian perumahan berkualiti tinggi dan boleh dicapai. Komitmen ini sejajar dengan tanggungjawab sosial korporat LBS, termasuk cita-cita syarikat untuk mencapai Pelepasan Karbon Sifar Bersih menjelang 2050.
Kepada para pemimpin, rakan-rakan dan ahli keluarga yang hadir pada hari ini, saya menyampaikan hasrat ikhlas agar anda semua dilimpahi dengan kemewahan dan kejayaan sempena tahun Naga ini. Dedikasi Tuanku kepada rakyat, di dalam mengukuhkan perpaduan dan pembangunan progresif di negara kita telah meninggalkan kesan yang luar biasa dan akan diingati oleh negara untuk tahun-tahun yang mendatang,” ujar Tan Sri Lim.
His Majesty Seri Paduka Baginda the Yang Di-Pertuan Agong, DYMM Seri Paduka Baginda The Raja Permaisuri Agong and DYMM Pemangku Raja Pahang,‘ alongside Tan Sri Ir. (Dr.) Lim Hock San, Group Executive Chairman of LBS and Puan Sri.
His Majesty Seri Paduka Baginda the Yang Di-Pertuan Agong alongside the Chinese Calligraphy fan as a symbolic opening of the event at Majlis Menjunjung Kasih and LBS Chinese New Year Celebration 2024 at Shangri-La Hotel Kuala Lumpur.
His Majesty Seri Paduka Baginda the Yang Di-Pertuan Agong, DYMM Seri Paduka Baginda The Raja Permaisuri Agong and DYMM Pemangku Raja Pahang, participated in tossing the ‘Yee Sang’ alongside Tan Sri Ir. (Dr.) Lim Hock San, Group Executive Chairman of LBS and Puan Sri.
LBS SUCCESSFULLY ISSUES ITS FIRST TRANCHE OF ASEAN SOCIAL SRI SUKUK WAKALAH
Petaling Jaya, 23 January 2024 – A renowned people’s first developer, LBS Bina Group Berhad (“LBS” or the “Group”) is pleased to announce that it has successfully issued its first tranche of ASEAN Social SRI Sukuk Wakalah of RM200.0 million in nominal value (“First Tranche”) under its newly established RM750.0 million Sukuk Wakalah Programme (“Programme”). The Programme is rated AA-IS with stable outlook by MARC Ratings Berhad.
The First Tranche was priced at a yield of 5.00% with a periodic distribution rate of 5.00% per annum. The First Tranche is secured and has a tenure of 5 years from the issue date, maturing on 23 January 2029. The final order book for the First Tranche was approximately RM1.276 billion, representing an oversubscription rate of 6.38 times. This highlights a robust investor demand and confidence towards the LBS story. The order book was also anchored by institutional demand – a testament to the governance and track record of the Group.
LBS Group Executive Chairman Tan Sri Dato’ Sri Ir. (Dr.) Lim Hock San commented, “At LBS, we are committed to provide for the betterment of our community by creating a sustainable living, working and recreational environment. This promise and commitment are further reaffirmed with our approach to strike a balance between our business goals and the integration of sustainable business practices, taking environmental and social concerns into consideration. Therefore, the successful issuance of this tranche of ASEAN Social SRI Sukuk Wakalah certainly marks a positive milestone for LBS as we steer into the new year. In line with our Sustainability Financing Framework, the ASEAN Social SRI Sukuk Wakalah will provide LBS with adequate war chest to continue undertaking social projects focusing on sustainability as a roadmap to success.”
He added, “LBS is the first real estate developer in Malaysia to issue an ASEAN Social SRI Sukuk Wakalah with its proceeds to be tagged to affordable housing. Given the growing demand for affordable housing in Klang Valley and other parts of the country, LBS’ aspiration to expand the supply of affordable housing will facilitate and encourage home ownership, which will help bolster Malaysia’s real estate market. The construction of affordable residential housing will also increase the social value of LBS’ development projects, encourage social inclusion while acting as a catalyst for regeneration and community cohesion.”
HSBC Amanah Malaysia Berhad (“HSBC Amanah”) and RHB Investment Bank Berhad (“RHB Investment”) are the joint principal advisers and joint lead arrangers of the Programme. HSBC Amanah is also the sustainability structuring coordinator and shariah adviser of the Programme. In addition, HSBC Amanah, Maybank Investment Bank Berhad and RHB Investment are the joint lead managers for the First Tranche.
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For Immediate Release
LBS LOOKS FORWARD TO A POSITIVE 2024
Petaling Jaya, 4 January 2024 – LBS Bina Group Berhad (“LBS” or the “Group”), a developer guided by people-first values, anticipates a prosperous 2024 with the unveiling of its property sales target set at RM1.8 billion. The Group concluded 2023 with RM1.701 billion in property sales.
The LBS 2024 annual media briefing, attended by over 100 media associates today at the LBS Headquarters, revealed the company’s plans to launch 10 new projects in 2024 across Klang Valley, Johor, and Pahang. The target launches encompass 4,858 units with a total Gross Development Value (“GDV”) of RM2.33 billion.
Within the Klang Valley, LBS will concentrate on launching 2,960 units with a total GDV of RM 1.14 billion. The Klang Valley region has consistently contributed the highest sales to LBS over the years, averaging more than 80%. Of these 2,960 units, the Group plans to launch 1,048 units with a total GDV of RM303 million in Idaman Perdana, located in LBS Alam Perdana.
Additionally, LBS, in collaboration with its construction arm, MGB Berhad, will introduce the Rumah Idaman MBI (Idaman Cahaya 3) apartment block (413 units with a total GDV of RM117 million), double-storey terrace houses at Astella (79 units with a total GDV of RM75.6 million), and the SkyRia serviced-apartment block at D’Island Residence (999 units with a total GDV of RM441 million).
Moreover, the Group plans to launch 421 units, comprising an apartment and a townhouse in Bandar Saujana Putra, with a total GDV of RM205 million.
New launches within the Pahang region include the Bayu Hills serviced apartment in Genting Highland (642 units with a total GDV of RM452 million) and 66 bungalow units at Rimbawan Acacia Garden, Genting Highland, with a total GDV of RM103 million. In addition, LBS plans to launch the largest mixed development in the region, featuring the most extensive collection of serviced apartments and commercial offerings (shops and restaurants) at Centrum Iris, Cameron Centrum, Cameron Highlands.
In addition, LBS has upcoming launches in Johor, including 63 double-storey semi-detached houses at Imperial Garden in Bandar Putera Indah, Batu Pahat, Johor, with a total GDV of RM43 million. The launches also comprise Pangsapuri Saujana Indah apartment in Taman Molek, consisting of 393 units with a GDV of RM177 million.
As a point of comparison, LBS had launched 4,358 units worth RM1.67 billion in 2023. Launches for 2023 included developments across KITA Bestari in KITA @ Cybersouth, Astella terrace houses at the D’Island Residence in Puchong, and Block B of Prestige Residence in Seri Kembangan. In addition, LBS successfully launched and held a groundbreaking ceremony for Idaman Cahaya in Shah Alam and Idaman Sari in Puchong respectively this year.
Currently, LBS is actively engaged in 19 ongoing development projects, collectively estimated to have a GDV of RM5 billion. As of 31 December 2023, LBS’ landbank spans approximately 2,767 acres, a substantial reserve expected to keep the Group occupied for the next 10 to 15 years. Furthermore, the Group has unbilled sales totalling around RM 1.99 billion, ensuring a clear and robust earnings outlook for the next two to three years.
Speaking at LBS 2024 Media Briefing, Executive Chairman Tan Sri Ir (Dr) Lim Hock San said, “We are excited to kickstart 2024 on an optimistic footing and we look forward to a positive 2024. Reflecting back, LBS consistently and cautiously launched projects throughout 2023. In fact, LBS had to push back a few launches to this year taking into account market sentiments and economic conditions, which led to a slight dip in our property sales. Nevertheless, we remain focused on delivering our targets for this year. A key highlight is our successful delivery of vacant possession for 4,872 units, worth RM 2.40 billion.
Anticipating a positive outlook for the property market in 2024, we will persist in upholding our 3 core main pillars of Affordability, Connectivity, and Community. The Group is motivated to rise to the challenge of delivering developments in strategic locations while maintaining affordable prices to meet homebuyers’ needs and earn their trust. ‘As a developer with people-first values, there are exciting prospects ahead as we strive to launch properties worth a total GDV of RM2.33 billion across various states. We will continue to monitor the market and implement appropriate strategies to ensure our operations are not disrupted. We remain optimistic of our growth prospects for 2024.”
He added, “The Group maintains a steadfast focus on ESG (Environmental, Social, and Governance) initiatives, considering them to be a pivotal priority. LBS will continue to seek opportunities to further enhance its ESG profile, aligning with the objective of achieving net carbon zero emissions by 2050. In addition, we aim to continuously reward our shareholders in accordance with our dividend policy which is to pay out 30% of the profit after tax and non-controlling interest.”
LBS BERJAYA TERBIT TRANCHE PERTAMA SUKUK WAKALAH SRI SOSIAL ASEAN
Petaling Jaya, 23 Januari 2024 – Pemaju perumahan terkemuka pilihan rakyat, LBS Bina Group Berhad (“LBS” atau “Kumpulan”) sukacitanya mengumumkan kejayaannya menerbitkan Tranche pertama Sukuk Wakalah SRI Sosial ASEAN berjumlah RM200 juta dalam nilai nominal (“Tranche Pertama”) di bawah Program Sukuk Wakalah (“Program”) yang baru ditubuhkan bernilai RM750.0 juta. Program ini diberi penilaian AA-IS dengan tinjauan stabil oleh MARC Ratings Berhad.
Tranche Pertama dinilaikan pada hasil 5.00% dengan pengagihan berkala sebanyak 5.00% setahun. Tranche Pertama terjamin dan akan mempunyai tempoh 5 tahun dari tarikh terbitan dan matang pada 23 Januari 2029. Buku pesanan terakhir bagi Tranche Pertama beranggaran RM1.276 bilion, mewakili kadar lebihan langganan sebanyak 6.38 kali ganda.Ini menunjukkan permintaan pelabur berkait rapat dengan keyakinan mereka terhadap LBS. Buku pesanan tersebut adalah berdasarkan permintaan institusi – bukti tadbir urus yang baik dan rekod prestasi Kumpulan yang cemerlang.
Mengulas mengenai terbitan ini, Pengerusi Eksekutif Kumpulan LBS, Tan Sri Dato’ Sri Ir. (Dr.) Lim Hock San berkata, “ LBS komited untuk menyediakan masa depan yang lebih baik kepada komuniti dengan mewujudkan persekitaran, kehidupan, gaya hidup dan rekreasi yang lestari. Komitmen ini diperkukuhkan dengan pendekatan LBS untuk mencapai keseimbangan di mana ianya juga merupakan matlamat LBS dengan integrasi amalan perniagaan lestari, sekali gus mengambil kira kepentingan pemuliharaan alam sekitar dan sosial. Oleh yang demikian, kejayaan penerbitan Tranche Sosial Sri Sukuk Wakalah ASEAN ini menandakan satu tanda yang positif bagi LBS bagi tahun baru ini. Selaras dengan Rangka Kerja Pembiayaan Kelestarian kami, Sukuk Wakalah SRI Sosial ASEAN memberi peluang kepada LBS untuk melaksanakan projek hijau dan sosial serta memberi tumpuan kepada kelestarian sebagai pelan hala tuju kejayaan kami.”
Beliau menambah, “LBS merupakan pemaju hartanah pertama di Malaysia yang menerbitkan Sukuk Wakalah SRI Sosial ASEAN dan hasil keuntungannya akan disalurkan kepada perumahan mampu milik. Dengan permintaan yang semakin meningkat bagi rumah mampu milik di Lembah Klang dan beberapa negeri lain, LBS berhasrat untuk menyediakan rumah mampu milik yang akan membantu dan menggalakkan pemilikan rumah, di samping meningkatkan pasaran hartanah di Malaysia. Pembinaan kediaman mampu milik turut membantu meningkatkan nilai sosial projek pembangunan LBS, menggalakkan penyertaan sosial di samping bertindak sebagai pemangkin bagi perpaduan masyarakat.”
HSBC Amanah Malaysia Berhad (“HSBC Amanah”) dan RHB Investment Bank Berhad (“RHB Investment”) merupakan penasihat utama bersama dan pengatur utama bersama Program. HSBC Amanah juga merupakan penyelaras penstrukturan kemampanan dan penasihat syariah Program. Selain itu, HSBC Amanah, Maybank Investment Berhad dan RHB Invest Investment merupakan pengurus utama bersama bagi Tranche Pertama.
-Tamat-
Untuk Siaran Segera
LBS JANGKA TAHUN YANG POSITIF BAGI 2024
Petaling Jaya, 4 Januari 2024 – Pemaju perumahan pilihan rakyat, LBS Bina Group Berhad (“LBS” atau “Kumpulan”) menjangkakan tahun 2024 yang lebih positif dengan pengumuman pelancaran sasaran jualan hartanahnya sebanyak RM 1.8 bilion. LBS telah mengakhiri 2023 dengan RM 1.701 bilion dalam jualan hartanah.
Pada sidang taklimat media LBS 2024, yang turut dihadiri oleh lebih 100 rakan media hari ini di Ibu Pejabat LBS, Kumpulan telah mengumumkan rancangan untuk melancarkan 10 buah projek baharu di seluruh Lembah Klang, Johor dan Pahang pada tahun 2024 dengan sasaran pelancaran merangkumi 4,858 unit dan Nilai Pembangunan Kasar (“GDV”) sebanyak RM2.33 bilion.
Bagi kawasan Lembah Klang, LBS akan menumpukan kepada pelancaran 2,960 unit hartanah dengan GDV berjumlah RM1.14 bilion. Lembah Klang secara konsisten telah memberikan hasil jualan tertinggi kepada LBS sepanjang tahun dengan purata lebih daripada 80%. Daripada 2,960 unit ini, LBS turut merancang untuk melancarkan sejumlah 1,048 unit dengan GDV sebanyak RM 303 juta di Idaman Perdana, yang terletak di perbandaran LBS Alam Perdana.
Selain itu, LBS akan bekerjasama dengan syarikat pembinaannya, MGB Berhad, untuk melancarkan blok pangsapuri Rumah Idaman MBI (Idaman Cahaya 3), (413 unit dengan jumlah GDV RM117 juta), rumah teres dua tingkat di Astella (79 unit dengan jumlah GDV RM75.6 juta), dan pangsapuri servis SkyRia di D’Island Residence (999 unit dengan jumlah GDV RM441 juta).
Seterusnya, LBS turut merancang untuk melancarkan sejumlah 421 unit, terdiri daripada pangsapuri dan rumah bandar di Bandar Saujana Putra, dengan GDV sebanyak RM 205 juta.
Pelancaran projek baharu di Pahang termasuk pangsapuri perkhidmatan Bayu Hills di Genting Highlands, (642 unit dengan GDV RM452 juta), diikuti 66 buah unit banglo di Rimbawan Acacia Garden, Genting Highland, dengan GDV sebanyak RM 103 juta. LBS juga merancang untuk melancarkan pembangunan campuran terbesar di rantau ini, yang bakal menampilkan unit-unit pangsapuri perkhidmatan dan penawaran unit komersial (kedai dan restoran) yang terbesar di Centrum Iris, Cameron Centrum, Cameron Highlands.
LBS turut mengumumkan pelancaran di Johor, yang bakal terdiri daripada 63 buah rumah berkembar dua tingkat di Imperial Garden, Bandar Putera Indah, Batu Pahat, Johor, dengan jumlah GDV sebanyak RM 43 juta. Pelancaran itu turut melibatkan projek Pangsapuri Saujana Indah di Taman Molek, yang terdiri daripada 393 unit dengan GDV RM 177 juta.
Sebagai perbandingan, LBS telah melancarkan 4,358 unit bernilai RM1.67 bilion pada 2023. Pelancaran bagi 2023 meliputi pembangunan di seluruh KITA Bestari di perbandaran KITA @ Cybersouth, rumah teres Astella di D’Island Residence, Puchong dan Blok B LBS Prestige Residence di Seri Kembangan. Selain itu, LBS juga telah berjaya melancar dan mengadakan majlis pecah tanah di Idaman Cahaya, Shah Alam dan Idaman Sari, Puchong pada tahun 2023.
Kini, LBS mempunyai 19 projek pembangunan yang sedang berjalan, secara kolektif dengan anggaran GDV sebanyak RM 5 bilion. Sehingga 31 Disember 2023, simpanan bank tanah LBS meliputi kawasan seluas 2,767 ekar, suatu jumlah yang dijangka akan meletakkan LBS kekal bersaing bagi tempoh 10 hingga 15 tahun akan datang. Di samping itu, Kumpulan mempunyai jualan belum dibil kira-kira RM1.99 bilion, memastikan jumlah jangkaan pendapatan yang jelas dan kukuh untuk tempoh dua hingga tiga tahun akan datang.
Berucap pada Taklimat Media LBS 2024, Pengerusi Eksekutif LBS, Tan Sri Ir (Dr) Lim Hock San berkata, “Kami teruja untuk memulakan 2024 dengan optimis dan positif. Mengimbas kembali pencapaian 2023, LBS secara konsisten dan teliti di dalam melancarkan projek-projek. Malah, LBS turut menangguhkan beberapa pelancaran pada tahun 2023 setelah mengambil kira sentimen pasaran dan keadaan ekonomi yang turut menyumbang kepada jualan hartanah. Namun begitu, fokus utama Syarikat adalah untuk mencapai sasaran 2024. Paling penting, kami telah berjaya menyerahkan pemilikan kosong sebanyak 4,872 unit bernilai RM 2.40 bilion.
Kami menjangkakan landskap pasaran hartanah yang positif di 2024 dan akan terus mengutamakan 3 teras utama LBS iaitu Mampu Milik, Ketersambungan dan Komuniti. Sebagai pemaju yang mengutamakan rakyat, kami turut mengintai beberapa peluang sekali gus berusaha untuk melancarkan hartanah dengan jumlah GDV bernilai RM2.33 bilion di beberapa buah negeri. Kami akan terus menilai dan melaksanakan strategi yang sesuai demi memastikan operasi berjalan lancar dan terus kekal optimistik terhadap prospek pertumbuhan Syarikat di tahun 2024.”
Beliau turut menambah, “Inisiatif ESG (Pemuliharaan Alam Sekitar, Tanggungjawab Sosial, dan Amalan Tadbir Urus) kekal sebagai fokus dan keutamaan LBS dan kami akan terus mempertingkatkan profil ESG ini selaras dengan objektifnya demi mencapai matlamat Pelepasan Karbon Sifar Bersih menjelang 2050. Selain itu, kami berhasrat untuk memberi ganjaran berterusan kepada pemegang saham selaras dengan dasar dividen kami iaitu membayar 30% daripada keuntungan selepas cukai dan kepentingan bukan kawalan.”
Tan Sri Ir (Dr) Lim Hock San, accompanied by the respective Directors of LBS & MGB, namely Isaac Lim, Datuk Richard Lim, Dato Sri Barry Lim, Datuk Wira Joey Lim (on the right), and Lucas Lim, Dato Cynthia Lim, and Dato Sri Daniel Lim (on the left), participated in the LBS 2024 Media Briefing held at the LBS HQ in Petaling Jaya
Tan Sri Ir. (Dr.) Lim Hock San, Executive Chairman of LBS Bina Group recapped LBS’ 2023 overall performance and highlighted the outlook for 2024 during the LBS 2024 Media Briefing with media associates.
Tan Sri Ir. (Dr.) Lim Hock San together with Directors of LBS and MGB, as well as the media associates present for the LBS 2024 Media Briefing held at the LBS Headquarters.
Petaling Jaya, 4 January 2024 – LBS Bina Group Berhad (“LBS” or the “Group”), a developer guided by people-first values, anticipates a prosperous 2024 with the unveiling of its property sales target set at RM1.8 billion. The Group concluded 2023 with RM1.701 billion in property sales.
The LBS 2024 annual media briefing, attended by over 100 media associates today at the LBS Headquarters, revealed the company’s plans to launch 10 new projects in 2024 across Klang Valley, Johor, and Pahang. The target launches encompass 4,858 units with a total Gross Development Value (“GDV”) of RM2.33 billion.
Within the Klang Valley, LBS will concentrate on launching 2,960 units with a total GDV of RM 1.14 billion. The Klang Valley region has consistently contributed the highest sales to LBS over the years, averaging more than 80%. Of these 2,960 units, the Group plans to launch 1,048 units with a total GDV of RM303 million in Idaman Perdana, located in LBS Alam Perdana.
Additionally, LBS, in collaboration with its construction arm, MGB Berhad, will introduce the Rumah Idaman MBI (Idaman Cahaya 3) apartment block (413 units with a total GDV of RM117 million), double-storey terrace houses at Astella (79 units with a total GDV of RM75.6 million), and the SkyRia serviced-apartment block at D’Island Residence (999 units with a total GDV of RM441 million).
Moreover, the Group plans to launch 421 units, comprising an apartment and a townhouse in Bandar Saujana Putra, with a total GDV of RM205 million.
New launches within the Pahang region include the Bayu Hills serviced apartment in Genting Highland (642 units with a total GDV of RM452 million) and 66 bungalow units at Rimbawan Acacia Garden, Genting Highland, with a total GDV of RM103 million. In addition, LBS plans to launch the largest mixed development in the region, featuring the most extensive collection of serviced apartments and commercial offerings (shops and restaurants) at Centrum Iris, Cameron Centrum, Cameron Highlands.
In addition, LBS has upcoming launches in Johor, including 63 double-storey semi-detached houses at Imperial Garden in Bandar Putera Indah, Batu Pahat, Johor, with a total GDV of RM43 million. The launches also comprise Pangsapuri Saujana Indah apartment in Taman Molek, consisting of 393 units with a GDV of RM177 million.
As a point of comparison, LBS had launched 4,358 units worth RM1.67 billion in 2023. Launches for 2023 included developments across KITA Bestari in KITA @ Cybersouth, Astella terrace houses at the D’Island Residence in Puchong, and Block B of Prestige Residence in Seri Kembangan. In addition, LBS successfully launched and held a groundbreaking ceremony for Idaman Cahaya in Shah Alam and Idaman Sari in Puchong respectively this year.
Currently, LBS is actively engaged in 19 ongoing development projects, collectively estimated to have a GDV of RM5 billion. As of 31 December 2023, LBS’ landbank spans approximately 2,767 acres, a substantial reserve expected to keep the Group occupied for the next 10 to 15 years. Furthermore, the Group has unbilled sales totalling around RM 1.99 billion, ensuring a clear and robust earnings outlook for the next two to three years.
Speaking at LBS 2024 Media Briefing, Executive Chairman Tan Sri Ir (Dr) Lim Hock San said, “We are excited to kickstart 2024 on an optimistic footing and we look forward to a positive 2024. Reflecting back, LBS consistently and cautiously launched projects throughout 2023. In fact, LBS had to push back a few launches to this year taking into account market sentiments and economic conditions, which led to a slight dip in our property sales. Nevertheless, we remain focused on delivering our targets for this year. A key highlight is our successful delivery of vacant possession for 4,872 units, worth RM 2.40 billion.
Anticipating a positive outlook for the property market in 2024, we will persist in upholding our 3 core main pillars of Affordability, Connectivity, and Community. The Group is motivated to rise to the challenge of delivering developments in strategic locations while maintaining affordable prices to meet homebuyers’ needs and earn their trust. ‘As a developer with people-first values, there are exciting prospects ahead as we strive to launch properties worth a total GDV of RM2.33 billion across various states. We will continue to monitor the market and implement appropriate strategies to ensure our operations are not disrupted. We remain optimistic of our growth prospects for 2024.”
He added, “The Group maintains a steadfast focus on ESG (Environmental, Social, and Governance) initiatives, considering them to be a pivotal priority. LBS will continue to seek opportunities to further enhance its ESG profile, aligning with the objective of achieving net carbon zero emissions by 2050. In addition, we aim to continuously reward our shareholders in accordance with our dividend policy which is to pay out 30% of the profit after tax and non-controlling interest.”
-End-
For Immediate Release
LBS LOOKS FORWARD TO A POSITIVE 2024
Petaling Jaya, 4 January 2024 – LBS Bina Group Berhad (“LBS” or the “Group”), a developer guided by people-first values, anticipates a prosperous 2024 with the unveiling of its property sales target set at RM1.8 billion. The Group concluded 2023 with RM1.701 billion in property sales.
The LBS 2024 annual media briefing, attended by over 100 media associates today at the LBS Headquarters, revealed the company’s plans to launch 10 new projects in 2024 across Klang Valley, Johor, and Pahang. The target launches encompass 4,858 units with a total Gross Development Value (“GDV”) of RM2.33 billion.
Within the Klang Valley, LBS will concentrate on launching 2,960 units with a total GDV of RM 1.14 billion. The Klang Valley region has consistently contributed the highest sales to LBS over the years, averaging more than 80%. Of these 2,960 units, the Group plans to launch 1,048 units with a total GDV of RM303 million in Idaman Perdana, located in LBS Alam Perdana.
Additionally, LBS, in collaboration with its construction arm, MGB Berhad, will introduce the Rumah Idaman MBI (Idaman Cahaya 3) apartment block (413 units with a total GDV of RM117 million), double-storey terrace houses at Astella (79 units with a total GDV of RM75.6 million), and the SkyRia serviced-apartment block at D’Island Residence (999 units with a total GDV of RM441 million).
Moreover, the Group plans to launch 421 units, comprising an apartment and a townhouse in Bandar Saujana Putra, with a total GDV of RM205 million.
New launches within the Pahang region include the Bayu Hills serviced apartment in Genting Highland (642 units with a total GDV of RM452 million) and 66 bungalow units at Rimbawan Acacia Garden, Genting Highland, with a total GDV of RM103 million. In addition, LBS plans to launch the largest mixed development in the region, featuring the most extensive collection of serviced apartments and commercial offerings (shops and restaurants) at Centrum Iris, Cameron Centrum, Cameron Highlands.
In addition, LBS has upcoming launches in Johor, including 63 double-storey semi-detached houses at Imperial Garden in Bandar Putera Indah, Batu Pahat, Johor, with a total GDV of RM43 million. The launches also comprise Pangsapuri Saujana Indah apartment in Taman Molek, consisting of 393 units with a GDV of RM177 million.
As a point of comparison, LBS had launched 4,358 units worth RM1.67 billion in 2023. Launches for 2023 included developments across KITA Bestari in KITA @ Cybersouth, Astella terrace houses at the D’Island Residence in Puchong, and Block B of Prestige Residence in Seri Kembangan. In addition, LBS successfully launched and held a groundbreaking ceremony for Idaman Cahaya in Shah Alam and Idaman Sari in Puchong respectively this year.
Currently, LBS is actively engaged in 19 ongoing development projects, collectively estimated to have a GDV of RM5 billion. As of 31 December 2023, LBS’ landbank spans approximately 2,767 acres, a substantial reserve expected to keep the Group occupied for the next 10 to 15 years. Furthermore, the Group has unbilled sales totalling around RM 1.99 billion, ensuring a clear and robust earnings outlook for the next two to three years.
Speaking at LBS 2024 Media Briefing, Executive Chairman Tan Sri Ir (Dr) Lim Hock San said, “We are excited to kickstart 2024 on an optimistic footing and we look forward to a positive 2024. Reflecting back, LBS consistently and cautiously launched projects throughout 2023. In fact, LBS had to push back a few launches to this year taking into account market sentiments and economic conditions, which led to a slight dip in our property sales. Nevertheless, we remain focused on delivering our targets for this year. A key highlight is our successful delivery of vacant possession for 4,872 units, worth RM 2.40 billion.
Anticipating a positive outlook for the property market in 2024, we will persist in upholding our 3 core main pillars of Affordability, Connectivity, and Community. The Group is motivated to rise to the challenge of delivering developments in strategic locations while maintaining affordable prices to meet homebuyers’ needs and earn their trust. ‘As a developer with people-first values, there are exciting prospects ahead as we strive to launch properties worth a total GDV of RM2.33 billion across various states. We will continue to monitor the market and implement appropriate strategies to ensure our operations are not disrupted. We remain optimistic of our growth prospects for 2024.”
He added, “The Group maintains a steadfast focus on ESG (Environmental, Social, and Governance) initiatives, considering them to be a pivotal priority. LBS will continue to seek opportunities to further enhance its ESG profile, aligning with the objective of achieving net carbon zero emissions by 2050. In addition, we aim to continuously reward our shareholders in accordance with our dividend policy which is to pay out 30% of the profit after tax and non-controlling interest.”
Petaling Jaya, 4 Januari 2024 – Pemaju perumahan pilihan rakyat, LBS Bina Group Berhad (“LBS” atau “Kumpulan”) menjangkakan tahun 2024 yang lebih positif dengan pengumuman pelancaran sasaran jualan hartanahnya sebanyak RM 1.8 bilion. LBS telah mengakhiri 2023 dengan RM 1.701 bilion dalam jualan hartanah.
Pada sidang taklimat media LBS 2024, yang turut dihadiri oleh lebih 100 rakan media hari ini di Ibu Pejabat LBS, Kumpulan telah mengumumkan rancangan untuk melancarkan 10 buah projek baharu di seluruh Lembah Klang, Johor dan Pahang pada tahun 2024 dengan sasaran pelancaran merangkumi 4,858 unit dan Nilai Pembangunan Kasar (“GDV”) sebanyak RM2.33 bilion.
Bagi kawasan Lembah Klang, LBS akan menumpukan kepada pelancaran 2,960 unit hartanah dengan GDV berjumlah RM1.14 bilion. Lembah Klang secara konsisten telah memberikan hasil jualan tertinggi kepada LBS sepanjang tahun dengan purata lebih daripada 80%. Daripada 2,960 unit ini, LBS turut merancang untuk melancarkan sejumlah 1,048 unit dengan GDV sebanyak RM 303 juta di Idaman Perdana, yang terletak di perbandaran LBS Alam Perdana.
Selain itu, LBS akan bekerjasama dengan syarikat pembinaannya, MGB Berhad, untuk melancarkan blok pangsapuri Rumah Idaman MBI (Idaman Cahaya 3), (413 unit dengan jumlah GDV RM117 juta), rumah teres dua tingkat di Astella (79 unit dengan jumlah GDV RM75.6 juta), dan pangsapuri servis SkyRia di D’Island Residence (999 unit dengan jumlah GDV RM441 juta).
Seterusnya, LBS turut merancang untuk melancarkan sejumlah 421 unit, terdiri daripada pangsapuri dan rumah bandar di Bandar Saujana Putra, dengan GDV sebanyak RM 205 juta.
Pelancaran projek baharu di Pahang termasuk pangsapuri perkhidmatan Bayu Hills di Genting Highlands, (642 unit dengan GDV RM452 juta), diikuti 66 buah unit banglo di Rimbawan Acacia Garden, Genting Highland, dengan GDV sebanyak RM 103 juta. LBS juga merancang untuk melancarkan pembangunan campuran terbesar di rantau ini, yang bakal menampilkan unit-unit pangsapuri perkhidmatan dan penawaran unit komersial (kedai dan restoran) yang terbesar di Centrum Iris, Cameron Centrum, Cameron Highlands.
LBS turut mengumumkan pelancaran di Johor, yang bakal terdiri daripada 63 buah rumah berkembar dua tingkat di Imperial Garden, Bandar Putera Indah, Batu Pahat, Johor, dengan jumlah GDV sebanyak RM 43 juta. Pelancaran itu turut melibatkan projek Pangsapuri Saujana Indah di Taman Molek, yang terdiri daripada 393 unit dengan GDV RM 177 juta.
Sebagai perbandingan, LBS telah melancarkan 4,358 unit bernilai RM1.67 bilion pada 2023. Pelancaran bagi 2023 meliputi pembangunan di seluruh KITA Bestari di perbandaran KITA @ Cybersouth, rumah teres Astella di D’Island Residence, Puchong dan Blok B LBS Prestige Residence di Seri Kembangan. Selain itu, LBS juga telah berjaya melancar dan mengadakan majlis pecah tanah di Idaman Cahaya, Shah Alam dan Idaman Sari, Puchong pada tahun 2023.
Kini, LBS mempunyai 19 projek pembangunan yang sedang berjalan, secara kolektif dengan anggaran GDV sebanyak RM 5 bilion. Sehingga 31 Disember 2023, simpanan bank tanah LBS meliputi kawasan seluas 2,767 ekar, suatu jumlah yang dijangka akan meletakkan LBS kekal bersaing bagi tempoh 10 hingga 15 tahun akan datang. Di samping itu, Kumpulan mempunyai jualan belum dibil kira-kira RM1.99 bilion, memastikan jumlah jangkaan pendapatan yang jelas dan kukuh untuk tempoh dua hingga tiga tahun akan datang.
Berucap pada Taklimat Media LBS 2024, Pengerusi Eksekutif LBS, Tan Sri Ir (Dr) Lim Hock San berkata, “Kami teruja untuk memulakan 2024 dengan optimis dan positif. Mengimbas kembali pencapaian 2023, LBS secara konsisten dan teliti di dalam melancarkan projek-projek. Malah, LBS turut menangguhkan beberapa pelancaran pada tahun 2023 setelah mengambil kira sentimen pasaran dan keadaan ekonomi yang turut menyumbang kepada jualan hartanah. Namun begitu, fokus utama Syarikat adalah untuk mencapai sasaran 2024. Paling penting, kami telah berjaya menyerahkan pemilikan kosong sebanyak 4,872 unit bernilai RM 2.40 bilion.
Kami menjangkakan landskap pasaran hartanah yang positif di 2024 dan akan terus mengutamakan 3 teras utama LBS iaitu Mampu Milik, Ketersambungan dan Komuniti. Sebagai pemaju yang mengutamakan rakyat, kami turut mengintai beberapa peluang sekali gus berusaha untuk melancarkan hartanah dengan jumlah GDV bernilai RM2.33 bilion di beberapa buah negeri. Kami akan terus menilai dan melaksanakan strategi yang sesuai demi memastikan operasi berjalan lancar dan terus kekal optimistik terhadap prospek pertumbuhan Syarikat di tahun 2024.”
Beliau turut menambah, “Inisiatif ESG (Pemuliharaan Alam Sekitar, Tanggungjawab Sosial, dan Amalan Tadbir Urus) kekal sebagai fokus dan keutamaan LBS dan kami akan terus mempertingkatkan profil ESG ini selaras dengan objektifnya demi mencapai matlamat Pelepasan Karbon Sifar Bersih menjelang 2050. Selain itu, kami berhasrat untuk memberi ganjaran berterusan kepada pemegang saham selaras dengan dasar dividen kami iaitu membayar 30% daripada keuntungan selepas cukai dan kepentingan bukan kawalan.”
-Tamat-
Untuk Siaran Segera
LBS JANGKA TAHUN YANG POSITIF BAGI 2024
Petaling Jaya, 4 Januari 2024 – Pemaju perumahan pilihan rakyat, LBS Bina Group Berhad (“LBS” atau “Kumpulan”) menjangkakan tahun 2024 yang lebih positif dengan pengumuman pelancaran sasaran jualan hartanahnya sebanyak RM 1.8 bilion. LBS telah mengakhiri 2023 dengan RM 1.701 bilion dalam jualan hartanah.
Pada sidang taklimat media LBS 2024, yang turut dihadiri oleh lebih 100 rakan media hari ini di Ibu Pejabat LBS, Kumpulan telah mengumumkan rancangan untuk melancarkan 10 buah projek baharu di seluruh Lembah Klang, Johor dan Pahang pada tahun 2024 dengan sasaran pelancaran merangkumi 4,858 unit dan Nilai Pembangunan Kasar (“GDV”) sebanyak RM2.33 bilion.
Bagi kawasan Lembah Klang, LBS akan menumpukan kepada pelancaran 2,960 unit hartanah dengan GDV berjumlah RM1.14 bilion. Lembah Klang secara konsisten telah memberikan hasil jualan tertinggi kepada LBS sepanjang tahun dengan purata lebih daripada 80%. Daripada 2,960 unit ini, LBS turut merancang untuk melancarkan sejumlah 1,048 unit dengan GDV sebanyak RM 303 juta di Idaman Perdana, yang terletak di perbandaran LBS Alam Perdana.
Selain itu, LBS akan bekerjasama dengan syarikat pembinaannya, MGB Berhad, untuk melancarkan blok pangsapuri Rumah Idaman MBI (Idaman Cahaya 3), (413 unit dengan jumlah GDV RM117 juta), rumah teres dua tingkat di Astella (79 unit dengan jumlah GDV RM75.6 juta), dan pangsapuri servis SkyRia di D’Island Residence (999 unit dengan jumlah GDV RM441 juta).
Seterusnya, LBS turut merancang untuk melancarkan sejumlah 421 unit, terdiri daripada pangsapuri dan rumah bandar di Bandar Saujana Putra, dengan GDV sebanyak RM 205 juta.
Pelancaran projek baharu di Pahang termasuk pangsapuri perkhidmatan Bayu Hills di Genting Highlands, (642 unit dengan GDV RM452 juta), diikuti 66 buah unit banglo di Rimbawan Acacia Garden, Genting Highland, dengan GDV sebanyak RM 103 juta. LBS juga merancang untuk melancarkan pembangunan campuran terbesar di rantau ini, yang bakal menampilkan unit-unit pangsapuri perkhidmatan dan penawaran unit komersial (kedai dan restoran) yang terbesar di Centrum Iris, Cameron Centrum, Cameron Highlands.
LBS turut mengumumkan pelancaran di Johor, yang bakal terdiri daripada 63 buah rumah berkembar dua tingkat di Imperial Garden, Bandar Putera Indah, Batu Pahat, Johor, dengan jumlah GDV sebanyak RM 43 juta. Pelancaran itu turut melibatkan projek Pangsapuri Saujana Indah di Taman Molek, yang terdiri daripada 393 unit dengan GDV RM 177 juta.
Sebagai perbandingan, LBS telah melancarkan 4,358 unit bernilai RM1.67 bilion pada 2023. Pelancaran bagi 2023 meliputi pembangunan di seluruh KITA Bestari di perbandaran KITA @ Cybersouth, rumah teres Astella di D’Island Residence, Puchong dan Blok B LBS Prestige Residence di Seri Kembangan. Selain itu, LBS juga telah berjaya melancar dan mengadakan majlis pecah tanah di Idaman Cahaya, Shah Alam dan Idaman Sari, Puchong pada tahun 2023.
Kini, LBS mempunyai 19 projek pembangunan yang sedang berjalan, secara kolektif dengan anggaran GDV sebanyak RM 5 bilion. Sehingga 31 Disember 2023, simpanan bank tanah LBS meliputi kawasan seluas 2,767 ekar, suatu jumlah yang dijangka akan meletakkan LBS kekal bersaing bagi tempoh 10 hingga 15 tahun akan datang. Di samping itu, Kumpulan mempunyai jualan belum dibil kira-kira RM1.99 bilion, memastikan jumlah jangkaan pendapatan yang jelas dan kukuh untuk tempoh dua hingga tiga tahun akan datang.
Berucap pada Taklimat Media LBS 2024, Pengerusi Eksekutif LBS, Tan Sri Ir (Dr) Lim Hock San berkata, “Kami teruja untuk memulakan 2024 dengan optimis dan positif. Mengimbas kembali pencapaian 2023, LBS secara konsisten dan teliti di dalam melancarkan projek-projek. Malah, LBS turut menangguhkan beberapa pelancaran pada tahun 2023 setelah mengambil kira sentimen pasaran dan keadaan ekonomi yang turut menyumbang kepada jualan hartanah. Namun begitu, fokus utama Syarikat adalah untuk mencapai sasaran 2024. Paling penting, kami telah berjaya menyerahkan pemilikan kosong sebanyak 4,872 unit bernilai RM 2.40 bilion.
Kami menjangkakan landskap pasaran hartanah yang positif di 2024 dan akan terus mengutamakan 3 teras utama LBS iaitu Mampu Milik, Ketersambungan dan Komuniti. Sebagai pemaju yang mengutamakan rakyat, kami turut mengintai beberapa peluang sekali gus berusaha untuk melancarkan hartanah dengan jumlah GDV bernilai RM2.33 bilion di beberapa buah negeri. Kami akan terus menilai dan melaksanakan strategi yang sesuai demi memastikan operasi berjalan lancar dan terus kekal optimistik terhadap prospek pertumbuhan Syarikat di tahun 2024.”
Beliau turut menambah, “Inisiatif ESG (Pemuliharaan Alam Sekitar, Tanggungjawab Sosial, dan Amalan Tadbir Urus) kekal sebagai fokus dan keutamaan LBS dan kami akan terus mempertingkatkan profil ESG ini selaras dengan objektifnya demi mencapai matlamat Pelepasan Karbon Sifar Bersih menjelang 2050. Selain itu, kami berhasrat untuk memberi ganjaran berterusan kepada pemegang saham selaras dengan dasar dividen kami iaitu membayar 30% daripada keuntungan selepas cukai dan kepentingan bukan kawalan.”
When you purchase your first home, there are additional costs to consider on top of the property price. These extra costs often sneak up on home buyers, causing much stress and financial strain.
One of these additional costs includes stamp duty charges. These charges can rack up to tens of thousands of Ringgit, so it’s important to be aware and financially prepared for them.
Although this sounds daunting, we have good news for you first-time home buyers – you can enjoy stamp duty exemptions as part of the Malaysian Home Ownership Initiative!
What are Stamp Duty Exemption Acts and How Do They Affects Homebuyers?
Stamp duty is a fee charged on legal documents such as instruments of transfer and loan agreements.
For instruments of transfer, stamp duty is charged in tiers:
Property price
Stamp duty (% of property price)
First RM 100,000
1%
From RM 100,001 – RM 500,000
2%
From RM 500,001 – RM 1,000,000
3%
Above RM 1,000,000 onwards
4%
For example, for a property with a price of RM 450,000, the stamp duty for the instrument of transfer would be calculated as follows:
1% of the first RM 100,000 = RM 1,000
2% of the next RM 350,000 = RM 7,000
Total stamp duty = RM 8,000
For loan agreements, on the other hand, the stamp duty charged is 0.5% of the loan amount. Let’s go back to the earlier example. Typically, you would pay a down payment of 10% and take a loan for about 90% of the property price.
Hence, for a property valued at RM450,000, you would normally apply for a 90% loan of RM 405,000. For a loan of this amount, the stamp duty charged on the loan agreement would be: 0.5% x RM 405,000 = RM 2,025.
In this example, the total stamp duty would add up to be: RM 8,000 + RM 2,025 = RM 10,025.
However, first-time home buyers can enjoy a 100% stamp duty exemption for property purchases up to RM 500,00 and a 75% exemption for property purchases between RM 500,001 and RM 1 million.
Stamp Duty Exemption on Housing Loans
In Malaysia, the provision of stamp duty exemptions on housing loan agreements serves as a significant financial relief for homebuyers. This exemption offers a valuable opportunity for individuals, especially first-time home buyers, to maximize savings. The funds saved through this exemption can subsequently be allocated towards enhancing the living space, whether through renovations or furnishing, thereby turning your dream home into a reality.
By taking advantage of this government-provided benefit, first-time home buyers not only ease their immediate financial obligations but also gain the means to enhance and personalize their new abode.
Who’s Eligible? Decoding the Stamp Duty Exemption Criteria in Malaysia
Malaysian citizens who have never owned any residential properties are eligible for the stamp duty exemptions. If you fit the bill, you can enjoy stamp duty exemptions, provided that:
You purchase a residential property from a property developer,
The sales and purchase agreement (SPA) is executed between 1 June 2022 and 31 December 2023, and
The property purchased is under RM1 million for a 75% exemption and under RM500,000 for a 100% exemption.
This scheme offers a 100% stamp duty exemption on the instrument of transfer and loan agreement for your first home until the end of 2025, with a 75% stamp duty exemption applicable until 31st December 2023 for properties under RM1 million.
Stamp Duty Exemptions and Saving for Your First Home with LBS’ Projects
LBS Bina offers a wide range of residential properties for first-time home buyers who are excited to take advantage of these stamp duty exemptions.
For example, Kita @ Cybersouth by LBS Bina is a beautiful gated and guarded township with a variety of property options to choose from. Stand to enjoy 100% stamp duty exemptions with this affordable yet strategically located housing development in the up-and-coming southern corridor of Greater Klang Valley.
Begin Your Journey to Home Ownership with Stamp Duty Exemptions
Purchasing a property can be a costly affair, so being aware of any cost exemptions that you are eligible for is incredibly important. Take advantage of this amazing initiative and buy your first home at a cheaper price! Check out LBS Bina’s website to find your dream home today.
