Latest news with #MakanAnginLokal
New Straits Times
16-05-2025
- Business
- New Straits Times
LBS Bina, Oriental Holdings sign RM7bil MOU for industrial project in Melaka
KUALA LUMPUR: LBS Bina Group Bhd has entered into a Memorandum of Understanding (MOU) with Oriental Holdings Bhd (OHB) to jointly develop an integrated mixed-use industrial project in Klebang, Melaka, with an estimated gross development value (GDV) exceeding RM7 billion. The landmark development will comprise primarily industrial and commercial components, strategically located within the Straits of Melaka Waterfront Economic Zone (SM-WEZ). Klebang was chosen for its advantageous coastal location, expanding infrastructure, and alignment with Melaka's long-term economic transformation goals. The MOU was signed by LBS executive director Datuk Sri Daniel Lim and OHB group executive chairman Datuk Loh Kian Chong in the presence of Melaka Chief Minister Datuk Seri Utama Ab Rauf Yusoh. The Chief Minister's attendance highlights the state government's strong support and underscores the project's pivotal role in driving economic growth and urban development in Melaka. LBS Bina group executive chairman, Tan Sri Dr. Lim Hock San, hailed the agreement as a key milestone in the group's expansion into Malaysia's southern region. "In partnership with OHB, we are excited to shape Klebang into a vibrant, sustainable township. By combining our expertise and shared vision, we aim to deliver lasting value, both in building sustainable developments and uplifting Melaka's economic and social landscape. We look forward to a strong, long-term partnership built on shared goals and mutual success," Lim said. The primary focus of this mixed-use industrial development is to cater to small and medium-sized enterprises (SMEs) in sectors such as oil and gas production, manufacturing, food and beverage supply chains, and warehousing. Furthermore, given the development's frontage along a main access road, the industrial units offer commercial value, as they can also function as retail showroom warehouses. Additionally, Melaka ranks sixth among Malaysian states in terms of industrial property transactions. Notably, the demand for vacant plots and semi-detached industrial units has recorded double-digit growth, driven by both investors and owner-occupiers. Covering approximately 561 acres, the development will be implemented in four phases. LBS Bina stated that detailed land demarcations and development plans will be finalised in forthcoming Definitive Agreements, to be mutually agreed upon by both parties. Enhancing the project's connectivity and long-term potential is the upcoming West Coast Expressway (WCE), which will stretch from Banting, Selangor, to Gelang Patah, Johor. Once completed, the highway is expected to relieve traffic on the North-South Expressway and serve as a catalyst for growth in key coastal towns including Klang, Port Dickson, Melaka, Muar, and Batu Pahat. Corporate Jan 27, 2025 @ 12:55am LBS Bina unveils three-year roadmap to reach new milestones Property Apr 28, 2025 @ 3:41am LBS Bina's 'Makan Angin Lokal' campaign achieves RM537mil in bookings Corporate Feb 20, 2025 @ 9:39pm LBS Bina posts 11-year high PATMI of RM240.2mil Property Jan 16, 2025 @ 5:16am LBS Bina marks Merdeka Campaign success with RM30,000 cash prizes for eight winners
The Star
28-04-2025
- Business
- The Star
LBS Bina's ‘Makan Angin Lokal' campaign clocks RM537mil in bookings
LBS executive director Cynthia Lim (eighth from left) presenting mock cheques to the grand prize winners of the 'Makan Angin Lokal with LBS' campaign. LBS Bina Group Bhd, a leading property developer guided by people-first values, announced the outstanding success of its 'Makan Angin Lokal with LBS' campaign. This initiative was specially crafted to reward purchasers who successfully executed their sale and purchase agreements, loan agreements and fulfilled all stipulated terms and conditions under the campaign. Held from Oct 1 to Dec 31 2024, the campaign generated an impressive RM537mil in total bookings, mainly contributed by projects located at areas such as Selangor (Cybersouth, Seri Kembangan, Puchong) and Johor (Molek) where demand were primarily driven by first-time home buyers. This achievement stands as a strong testament to LBS's enduring appeal and commitment to delivering value-driven developments. A total of 19 projects across Malaysia including key developments such as KITA @ Cybersouth, D'Island Residence, Prestige Residence, Centrum Iris, Bayu Hills and more, participated in the campaign, further reflecting LBS's nationwide presence and strong market engagement. As part of the campaign, LBS celebrated the grand prize winners, who walked away with hotel vouchers worth up to RM250,000 in total. These exclusive vouchers are redeemable at top-rated hotels in Selangor, Kuala Lumpur, Pahang, Penang and Johor – offering winners a perfect opportunity for a well-deserved local getaway. The campaign's grand finale took place during the lively Raya KITA Fest, held at the LBS Discovery Gallery KITA @ Cybersouth. The highlight of the event was the official prize presentation ceremony, where LBS executive director Datuk Cynthia Lim handed over mock cheques to the lucky winners. 'This campaign is our way of expressing heartfelt appreciation to our customers while spreading joy and excitement throughout the LBS community. 'As a developer deeply rooted in community values, we take great pride in bringing festive cheer to our customers and the broader LBS family. 'This initiative also aligns with our three-year '8 x 8 Strategy', particularly our focus on delivering an exceptional customer experience – ensuring that every interaction is personalised, seamless and meaningful,' said Lim. In support of the Malaysian government's efforts to promote domestic tourism, LBS contributes by offering hotel stays at premier destinations. 'We hope these rewards inspire homeowners to explore the richness of Malaysia's heritage while serving as a token of our appreciation for their trust and support,' she added. The event attracted over 200 guests, including LBS Perks and Plusses partners, campaign winners, potential buyers and the local community. Guests celebrated Hari Raya in a festive atmosphere filled with joy, unity and music — highlighted by a free concert featuring local artists who were brought in by LBS, such as Naim Daniel, Iman Troye and Zarul Umbrella. It was a true reflection of the group's commitment to creating memorable experiences for the public. Adding further value to the celebration, LBS's partners – EON, Watsons, HWC Coffee and Coway, also participated in the event with engaging booths and interactive activities that elevated the overall experience for attendees. For more updates and upcoming offers, visit:
New Straits Times
28-04-2025
- Business
- New Straits Times
LBS Bina's 'Makan Angin Lokal' campaign achieves RM537mil in bookings
KUALA LUMPUR: LBS Bina Group Bhd, a prominent property developer with a strong commitment to people-first values, recently celebrated the success of its 'Makan Angin Lokal with LBS' campaign, which achieved a remarkable RM537 million in total bookings. Running from October 1 to December 31, 2024, the campaign was designed to reward buyers who completed their sale and purchase agreements and loan agreements and met all the necessary campaign requirements. The bookings were largely driven by demand in key hotspots like Selangor (Cybersouth, Seri Kembangan, Puchong) and Johor (Molek), with a significant portion of interest coming from first-time homebuyers, further reinforcing LBS's reputation for offering value-driven, highly sought-after developments. A total of 19 projects nationwide, including flagship developments like KITA @ Cybersouth, D'Island Residence, Prestige Residence, Centrum Iris, and Bayu Hills, participated in the campaign, showcasing LBS's strong market presence across Malaysia. As part of the rewards, LBS unveiled its grand prize winners, who collectively received hotel vouchers worth up to RM250,000. Winners can redeem these exclusive vouchers at premier hotels in Selangor, Kuala Lumpur, Pahang, Penang, and Johor — offering them the perfect opportunity to enjoy memorable local vacations. The campaign culminated in a vibrant grand finale at the Raya KITA Fest, hosted at the LBS Discovery Gallery at KITA @ Cybersouth. The highlight of the day was the prize presentation ceremony, where LBS executive director Datuk Cynthia Lim personally handed over mock cheques to the jubilant winners. The highlight of the event was the official prize presentation ceremony, where I personally handed over mock cheques to the lucky winners. "This campaign is our way of expressing heartfelt appreciation to our customers while spreading joy and excitement throughout the LBS community," Datuk Cynthia Lim, executive director of LBS, said. "As a developer deeply rooted in community values, we take great pride in adding festive cheer for our esteemed customers and the broader LBS family," she said in a statement. This initiative also aligns with the developer's Three-Year 8 x 8 Strategy, particularly its focus on delivering an exceptional customer experience — ensuring that every interaction is personalised, seamless, and meaningful, Lim added. In line with the Malaysian government's push to promote domestic tourism, LBS's rewards aim to encourage homeowners to explore Malaysia's rich heritage while appreciating their trust and support. "We hope these rewards inspire homeowners to explore the richness of Malaysia's heritage while serving as a token of our appreciation for their trust and support." The festive event attracted over 200 guests, including LBS Perks & Plusses partners, campaign winners, potential buyers, and local community members. The celebration was filled with festive spirit, unity, and joy, highlighted by a free concert featuring popular local artists Naim Daniel, Iman Troye, and Zarul Umbrella, all brought together by LBS in a special Hari Raya celebration. To further elevate the experience, LBS's trusted partners — EON, Watsons, HWC Coffee, and Coway — added to the excitement with interactive booths and activities, ensuring a dynamic and engaging experience for everyone.
