Latest news with #LBSBinaGroupBhd
The Star
5 days ago
- Business
- The Star
LBS celebrates 100 years of highland heritage
An artist's impression of Centrum Iris in Cameron Highlands, which promotes eco-conscious living. PETALING JAYA: LBS Bina Group Bhd has unveiled the 'A Celebration of 100 Years @ Cameron Highlands' campaign. Launched in conjunction with the centennial celebration of Cameron Highlands, the campaign is aimed to reward homebuyers and honour the highland's legacy, while celebrating the continued success of Centrum Iris, the latest phase of LBS's signature Cameron Centrum township. Running from Aug 1 to Dec 31, the campaign invites eligible Centrum Iris purchasers to take part in an exciting lucky draw, offering prizes worth a total of RM100,000. Among the rewards are a seven-day holiday to the United Kingdom for two, luxurious highland staycations, electrical appliances, shopping vouchers and other attractive goodies. A total of 35 lucky winners will be selected and announced in February 2026. This campaign not only commemorates the rich heritage of Cameron Highlands, but also presents an opportunity for Centrum Iris purchasers to enjoy added value through their investment. To enhance accessibility and provide a hassle-free experience for potential buyers in the Klang Valley, LBS has set up a dedicated Satellite Sales Gallery on the ground floor of LBS 2, Petaling Jaya, Selangor. The gallery features detailed scale models, layout previews and personalised consultations with LBS sales representatives — offering a preview of what awaits at Centrum Iris in Cameron Highlands. Notably, Centrum Iris is the first GreenRE Silver-certified project in the region, promoting eco-conscious living through features like EV charging bays, rooftop cafes and 47 lifestyle facilities. Strategically located in Brinchang's tourism and commercial hub, it offers a high-value, well-connected highland experience. 'We are proud to be part of the 100 Years of Cameron Highlands celebration and this campaign is a meaningful extension of that milestone — honouring the legacy of the highlands while rewarding our valued homebuyers,' said Lim. LBS Bina Group Bhd executive chairman Tan Sri Ir. Dr Lim Hock San said, 'Centrum Iris is more than just a development — it is a bold statement of LBS's commitment to reimagining lifestyle destinations across Malaysia. 'In line with our 8 x 8 strategic vision, this satellite sales gallery brings the highlands closer to the city, bridging distance with opportunity. 'We aim to make homeownership easier, smarter and more rewarding for all Malaysians, while continuing to expand our footprint in key growth corridors nationwide.' He added: 'We are proud to be part of the 100 Years of Cameron Highlands celebration and this campaign is a meaningful extension of that milestone — honouring the legacy of the highlands while rewarding our valued homebuyers.' With a Gross Development Value (GDV) of RM472mil, Centrum Iris stands as the largest mixed commercial development in Cameron Highlands. Featuring classic English architecture, modern amenities and sustainable elements, it builds on the success of Precinct 1, which has achieved 100% occupancy since 2021. This new phase offers 705 residential and 26 commercial units, catering to both homeowners and investors. For more information, contact 011- 1722 5556 or visit
New Straits Times
30-07-2025
- Business
- New Straits Times
LBS secures RM8.3bil Kwasa Damansara deal with EPF
KUALA LUMPUR: LBS Bina Group Bhd, through its subsidiary LBS Kwasa Damansara Sdn Bhd, has entered into a development rights agreement (DRA) with Kwasa Land Sdn Bhd, a wholly-owned unit of the Employees Provident Fund (EPF), for an RM8.3 billion township project in Kwasa Damansara, Selangor. The agreement grants LBS exclusive rights to develop 11 parcels of prime freehold land covering 77.8 hectares. Located in the "PJ West" area, the project will comprise 2,922 residential units—featuring a mix of low- and mid-rise condominiums and landed homes—designed to serve diverse market segments. Aligned with the approved master plan, the development will include supporting infrastructure and amenities with an emphasis on connectivity, sustainability, and liveability. It will be rolled out in phases over 14 years and marks a major strategic investment by LBS in one of the Klang Valley's most future-forward township developments. In a statement, LBS said that the RM1.22 billion development rights, largely representing the total land cost of the project, underscore the long-term investment potential of the Kwasa Damansara Township. Strategically located near mature neighbourhoods such as Kota Damansara, Tropicana, Subang Bestari, and Sungai Buloh, the site enjoys proximity to retail, dining, and commercial hubs and is poised to emerge as one of Klang Valley's leading sustainable and future-proof townships. Future residents will benefit from excellent connectivity via two MRT stations linked to the Putrajaya and Kajang lines and accessibility through major highways including the North Klang Valley Expressway (NKVE), Guthrie Corridor Expressway (GCE), and Damansara-Shah Alam Elevated Expressway (DASH). It is also just 4 km from the Sultan Abdul Aziz Shah Airport in Subang. This marks a significant milestone in both LBS' growth trajectory and the continued transformation of Kwasa Damansara—a master-planned, 913.3 ha township positioned as Greater Kuala Lumpur's new northern growth corridor. "We are pleased to partner with LBS, a developer with a proven track record in delivering quality and community-focused developments. This collaboration marks a progressive step forward in realising the vision of Kwasa Damansara as a sustainable and inclusive township that caters to Malaysia's growing urban population," said Datuk Adenan Md Yusof, managing director of Kwasa Land. "With its integrated design and strategic connectivity, including access to multiple MRT stations, we believe this project will significantly contribute to the township's appeal and long-term value." Kwasa Damansara is envisioned as a vibrant, transit-oriented, and green township featuring a comprehensive mix of residential, commercial, institutional, and recreational components. Destined to become a model city for business, living, and leisure, Kwasa Damansara will offer over 250 acres of surrounding green spaces encompassing nine parks and complemented by more than 25 km of cycling and walking trails. The township will also host 25,000 new housing units—including 10,000 affordable housing units and land designated for 15 new schools. Tan Sri Dr. Lim Hock San, group executive chairman of LBS, said, This collaboration marks a significant milestone in our ongoing mission to deliver well-connected and high-quality residential communities that prioritise long-term liveability. Drawing on our strong track record and extensive experience in township development, we are committed to maximising the value of this prime land by delivering a sustainable, high-quality, and future-ready neighbourhood that meets the evolving needs of modern homebuyers." Lim said that moving forward, this strategic development is expected to strengthen the group's financial performance and position while diversifying its portfolio with high-value, premium offerings. He added that this opportunity aligns seamlessly with the group's 8 x 8 Strategy, propelling LBS to new heights in the property development industry through its commitment to innovation, sustainability, and community-centric living. PJ West will also be home to the proposed Kwasa Community Forest, a lush green sanctuary nestled atop the township's highest point. Serving as the township's green lung, this forest will be seamlessly connected to surrounding development plots through a network of green corridors, providing multiple access points for residents.
The Star
28-07-2025
- Business
- The Star
StarProperty Bumiputera Fair offers exclusive deals
Much to see: Home buyers perusing the line-up of developers at a StarProperty Fair. PETALING JAYA: The StarProperty Bumiputera Fair is set to begin this week at the MyTown Shopping Centre in Kuala Lumpur The event will offer bumiputra home seekers and investors access to exclusive deals, incentives and real estate opportunities. Set to be held from Aug 7 to 10 at the Central Concourse of the mall, the fair will feature a broad selection of landed and high-rise properties from some of Malaysia's most reputable developers. Among the participating developers and their properties are Chin Hin Group Property (Aricia Residences), LBS Bina Group Bhd (D'Island Residence's SkyRia and Astella), Mah Sing Group Bhd (M Terra), Platinum Victory (PV22 residences, MHP3 Residences and Platinum Melati Residences), Radium Development Bhd (Chancery Ampang SOHO, Radium Arena and Radium Adesa), SP Setia Bhd (Setia Alamsari, Setia Ecohill and Setia Mayuri) and UDA Land Sdn Bhd (Dedaun Residensi and Akasia Raya). Buyers can expect offerings that range from high-rise condominiums to landed homes, all with the benefit of bumiputra discounts and privileges. Moreover, every StarProperty Fair 2025 visitor will be given a free one-month Star ePaper subscription. In addition to showcasing properties, the fair will host a range of exciting activities and events. Children will be given free balloons over the four-day event. Visitors can participate in Visit & Win and Buy & Win activities for a chance to win attractive prizes. To participate, visitors simply need to scan a QR code and answer some simple questions to receive a free Tupperware product. On Saturday and Sunday, free popcorn will also be available while stocks last. For children, there will also be an added fun event with a circus clown crafting balloon animals between noon and 8pm. For the Buy & Win activity, there are three easy steps: Step 1: Visit the StarProperty Bumiputera Fair from Aug 7 to 10, 2025. Step 2: Book the unit of your choice at any exhibitor's booth. Step 3: Submit a copy of the Sales Order Form, proof of payment (receipt), and a photocopy of the purchaser's MyKad at the StarProperty booth. To participate, purchasers must be present to submit all relevant documents along with a completed participation form and answer the qualifying question. This fair is a must-visit for any qualified person looking to buy or invest in property in Malaysia. The StarProperty Bumiputera Fair has a long history of success, with previous events drawing large crowds and generating significant interest from investors and developers alike. Admission is free. With so much to see and do, the fair is an unmissable event for bumiputras looking to invest in the Malaysian property market.
New Straits Times
21-07-2025
- Business
- New Straits Times
LBS Bina chief returns to Cardiff University as distinguished alumni speaker
KUALA LUMPUR: LBS Bina Group Bhd group executive chairman and president of The Federation of Hokkien Associations Malaysia, Tan Sri Dr Lim Hock San, returned to Cardiff University, United Kingdom – his alma mater – with pride and purpose, delivering a powerful keynote as a distinguished alumni speaker during the university's 2025 graduation ceremony. Speaking before a captivated audience of over 1,000 graduates, Lim shared a moving and motivational address, weaving together personal reflections, leadership lessons, and heartfelt encouragement. His return to the university where he once walked the halls as a young student marked a poignant full-circle moment in his life and career. Lim graduated from Cardiff University in 1982 with First-Class Honours in Civil Engineering, a foundation that propelled him into a lifetime of achievement. During his student days, his talent and drive were already evident – he earned Second Prize in the British Steel Corporation Competition for his innovative design of a football grandstand made using hollow steel sections, showcasing early signs of the visionary thinking that would later define his career. From those beginnings, Lim embarked on a bold entrepreneurial journey, starting with a modest truck transportation business before building it into the multi-award-winning LBS Bina Group. Under his leadership, LBS has become a pioneering force in Malaysia's property development landscape, known for creating affordable, people-first townships that empower communities and improve quality of life. In his address, Lim reminded the graduates that the road to success is rarely straightforward. "Success rarely comes in a straight line," Lim told the graduates. "There will be sharp corners, detours, and moments of doubt, but your integrity, your values, and your grit will carry you further than you can imagine. What you build with your life matters, so build it well." He urged the class of 2025 to face the future with resilience and intention. "As you step into this next chapter, embrace uncertainty with courage. The world needs your ideas, your energy, and your leadership." A decorated industry leader, Lim has received more than 100 accolades throughout his career, including the Honorary Doctor of Management from UNITAR International University in 2023 in recognition of his outstanding contributions to nation-building and leadership excellence. He currently serves as an adjunct professor at UNITAR, where he continues to mentor and inspire future leaders. Cardiff University expressed its heartfelt appreciation to Lim for returning to share his insights and life story and congratulated the graduating class on their academic milestone – encouraging them to move forward with purpose, passion, and perseverance.
New Straits Times
23-06-2025
- Business
- New Straits Times
LBS launches Cameron Highlands' largest mixed commercial development
KUALA LUMPUR: LBS Bina Group Bhd has launched Centrum Iris, the largest integrated mixed commercial development in Cameron Highlands, Pahang. With a gross development value (GDV) of RM472 million, the project sets a new benchmark for highland living in Malaysia. Centrum Iris marks the second precinct of LBS' flagship Cameron Centrum township and builds upon the success of Precinct 1, which was completed in 2021. The first phase comprises 58 shop-office units ranging from two to five storeys and is now 95 per cent occupied by major brands in the F&B, banking, healthcare, and retail sectors, laying a strong foundation for Precinct 2's continued growth. The thriving commercial ecosystem in Precinct 1 has laid a solid foundation for Centrum Iris, offering a ready catchment of lifestyle convenience and investment appeal. A key milestone during the launch was the signing of MOUs with MyKey International and Dreamscape Hospitality Group, both of which are leading short-term rental platform operators. The partnership will enable LBS homeowners to tap into Malaysia's booming short-stay tourism market and generate hassle-free rental income. "Our collaboration with MyKey and Dreamscape enables us to expand Centrum Iris' appeal beyond traditional homeownership, tapping into the short-term rental market in Malaysia's tourism hotspots," said executive director of LBS, Datuk Sri Daniel Lim, who officiated the grand launching event. Also present were LBS executive director Datuk Cynthia Lim and deputy chief executive officer Lucas Lim. Strategically located in the heart of Brinchang's bustling commercial district, Centrum Iris offers 705 residential units (ranging from 595 to 1,370 sq ft, starting from RM476,000) and 26 commercial units (ranging from 615 to 2,944 sq ft, starting from RM676,000). According to LBS, the project has already recorded strong bookings, reflecting buyer confidence in its long-term value. Its central location in Brinchang, a hub for tourism and commerce, positions the development as a prime choice for buyers seeking long-term value and year-round highland appeal. Centrum Iris has earned the distinction of being Cameron Highlands' first development to receive the Silver GreenRE Certification, reflecting LBS' strong commitment to sustainable and environmentally conscious development. Its eco-friendly features include electric vehicle (EV) charging bays, 47 lifestyle-oriented facilities, and a rooftop café and restaurant designed to offer sweeping views of the highlands, promoting a greener, healthier way of living. Combining contemporary architecture with English-inspired aesthetics, Centrum Iris offers a unique and elevated lifestyle in the highlands, appealing to both homeowners and investors seeking long-term value and everyday convenience.
