LBS Makes Its First High-End Development In Puchong

It was a piece of land that Datuk Lim Hock San, the managing director of LBS Bina Group Bhd, knew had great potential but wasn’t quite certain the form of development it would take in what was an ex-mining land, dwarfed by a huge lake.

On paper, it would seem to be LBS’ less desired property and many had advised Lim to unload it, especially during the last financial crisis. But Lim’s insistence on holding on to it to capitalise on its potential apparently paid off.

Today, the 71ha piece of land that sticks out like a peninsula into the over 400ha lake is set to be the crown jewel in the LBS stable of developments all over the country.

This will be the first luxury development for LBS and Lim is confident that his company’s maiden high-end project will be able to draw in buyers.

More than 90% of Apicalia superlinks have been sold since it was launched on April 15. This represented a total sales value of RM140mil.

“We are promising our buyers the very best in terms of finishing as well as a lifestyle. There are very few places left in the Klang Valley which can offer a luxury home facing such a vast body of water,” he said.

The development, aptly called D’Island Residences, is filled with the full trappings of a gated community with a three-tier security system. Being surrounded by a massive lake also makes the entire development even more secure.

Construction has already started for the first phase which consist of two sets of super-link houses (Type A 22ft x 100ft and Type B 22ft x 80ft) and semi-detached units measuring 40ft by 80ft.

Both the super-link houses called the Apicalia (the name of a type of sea shell) are triple storied. Type A has a gross built up area of 3,966sq ft and a total of 53 units are being built under Phase 1. It is currently selling from RM1.4mil. The 69 Type B units with a built-up area of 3,413sq ft each are priced from RM1.3mil. The 74 semi-detached units, under the first phase, are named Balvia after the famed spiral seashell cost from RM2.4mil. The gross built-up area for each unit is 4,864sq ft.

LBS executive director Cynthia Lim said the houses names have taken on a seashell theme to reflect the resort living that D’Island is promoting.

“Resort-style living is a preferred choice for people going on vacations. This will become a daily experience and lifestyle at D’ Island Residence where home owners can now look forward to a much sought-after respite from the hassle and hussle of modern day living.” she said.

Cynthia also pointed out that living a healthy lifestyle would also be possible because the development comes with proper jogging area around the lakes as well as outdoor exercise areas set up with a Par-Course.

The next launches will see more Apicalia super-link houses with lift as well as the Balvia semi-detached ones and bungalows.

Lim said the development plan also called for the construction of 148 bungalows and a low-density condominium of about 350 units.

“We have also set aside land for a clubhouse and a commercial area which both are in the planning stages.”

The total gross development value of the project is estimated RM3.6bil without taking into account the proposed commercial project.

Housing and Local Government Minister Datuk Chor Chee Heung is expected to officially launch the project on Sept 15.

Source: The Star

Ivory Residences @ Bandar Saujana Putra

Bandar Saujana Putra, is strategically located next to the ELITE Highway in the vicinity of USJ-Puchong growth zone and this makes it an ideal place to reside. The integrated, self-contained township covers a total area of 820 acres and offers a variety of properties and public amenities such as police station, mosques, schools, shops and recreational parks. It would provide more than 12,000 units of mixed development within convenient reach of Petaling Jaya, Kuala Lumpur, Cyberjaya, putrajaya and the KLIA.

This self-integrated township, spanning over projects period of 5-8 years since its first launch in February 2003, LBS has successfully handed over more than 5,000 units of various types of properties.

Accessing to Bandar Saujana Putra has become much convenient since the elevated interchange connecting to Elite Highway (Exit 606) opened to traffic on year 2006. Through Elite Highway which links Kesas, NKVE and LDP, traveling to other town centers become easy and direct. Beside, there is also an alternative road to the township via Taman Mas Sepang, Puchong. Furthermore, the township is also linked up through the South-Klang Valey Expressway (SKVE) which is currently under construction and expected to be completed by this year. Thus it will enhance the accessibility of BSP from Pulau Indah to Putrajaya/KL.

Source: www.lbs.com.my

Town Villa @ Taman Tasik Puchong

An upcoming project in 162 acres Taman Tasik Puchong township, Town Villa townhouses are built with affordability and practicality in mind.

Affordable homes built within a strategic location, the Town Villa phase occupies 5.5 acres and has a gross development value of RM62 million. Its location is close to bustling suburbs of Puchong, USJ and Subang Jaya, all of them are just within a short leisurely drive.

With a network of highways providing access to the township, a drive to Puchong takes only 10 minutes using Lebuhraya Damansara-Puchong expressway. The administrative centre of Putrajaya and Cyberjaya Multimedia Super Corridor (MSC) are also just minutes away.

Practical homes for everyone

Developer LBS Bina Group Berhad is well-versed in delivering attractively priced homes with practical layouts and the new Town Villa adds to that portfolio. Built on 20ft x 60ft intermediate lots, lower units offer gross built-up of 996 sq ft while upper units offer gross built-up of 1,075 sq ft. There are only a limited 330 units available.

Priced from RM179,900 to RM267,900, the Town Villa are ideal for young families as well as individual young couples as their built-up size makes it easy to maintain. Every unit comes with two bedrooms, two bathrooms, a utility room, a back yard and an open living/dining area that leads to the kitchen. The upper unit comes with a sizeable balcony. Their contemporary design mixed with the serenity of the area adds to their appeal. Besides, both the upper and lower units have their own private driveway and car porch.

Bumiputra buyers of the Town Villa are entitled to a seven percent discount. Furthermore, as of press time, there is a promotional package that offers a free furniture package, free legal and disbursement fees for Sales and Purchase Agreement, in addition to a year’s security fee waiver. Terms and conditions are applicable.

Facilities and Amenities

The Taman Tasik Puchong township is already established with plenty of amenities in the neighbourhood. Residents can send their children to primary or secondary schools, go for a jog or relax at recreational park or lakes, or go shopping, all well within the vicinity.

Other basic amenities like medical facilities, police station, petrol stations and mosque are also available around the mixed development township.

About the developer

Town Villa at Taman Tasik Puchong is developed by Bursa Malaysia Mainboard-listed LBS Bina Group Berhad. With over 20 years track record in property development, the Group has delivered numerous projects from niche endeavours to sprawling townships.

The Group’s portfolio of townships includes Bandar Saujana Putra, Taman Balakong Jaya, Taman Pinggiran Putra, Taman Bukit Serdang and Kota Perdana, all of them within Klang Valley. Besides those, LBS also have projects in the northern and southern regions of West Malaysia.

Those interested in the latest Town Villa phase in Taman Tasik Puchong can visit their website at www.lbs.com.my or call (012) 261 9249, (012) 222 1899, (019) 664 8042 or (603) 7861 8011.

Source: iProperty

LBS Bina Upbeat On Demand

LBS Bina Group Bhd is confident of strong demand for phase II of its Town Villa at Taman Tasik Puchong based on the response to previous launches of property units under its Affordable Home Series.

Managing director Datuk Lim Hock San said in a statement he believed there would be significant demand for affordable residences in this locality.

Phase II, comprising 96 town-houses, was launched yesterday in conjunction with the unveiling of the Town Villa show unit.

LBS said 97% of the 104 units offered under phase I were sold within three weeks of its soft launch.

Town Villa, which occupies 2.2ha of Taman Tasik Puchong’s development land of 64.8ha, comprises 330 townhouses with a total gross development value of RM62.3mil.

The units are priced from RM179,000 to RM267,000.

For its Affordable Home Series, LBS has extended its LBS Hassle Free Hone Ownership programme that allows purchasers to make a low down-payment of RM1,000 while LBS will absorb the legal and disbursement fees.

Source: The Star

LBS Strengthen Its Presence In Puchong With RM1 Billion Project

Bursa Malaysia Main Board property developer, LBS Bina Group Berhad has through its wholly-owned subsidiary, LBS Bina Holdings Sdn Bhd entered into a Project Management Agreement with Astana Modal (M) Sdn Bhd for the development of housing and commercial project on a piece of 175-acre land in Puchong, Selangor.

The signing of this Project Management Agreement today has increased its existing land bank to about 2,700 acres located in Klang Valley, Perak, Cameron Highlands, Johor and Zhuhai China.This project is strategically located in Puchong, one of Klang Valley’s most vibrant and established township. This superb development will be well connected via LDP and it also accessible from ELITE Expressway linked by the Approved Cloverleaf Interchange-Putrajaya in near future. This interchange, which is developed by PKNS and targetted to be completed in year 2009, will be interlinking with most integrated townships like Puchong, Seri Kembangan, Putrajaya, Cyberjaya and KLIA.

The development land is a piece of huge island-featured land with major part of the land surrounded by water with only a small portion of the land in the north connecting to the mainland. This island feature makes the land a perfect design for a truly unique island resort living with scenic natural panoramic view of the surrounding lake and the mainland green ranges.

This project comprises about 1,100 units of mixed development with bungalows, semi-detached houses, superlink houses, luxury condominium and commercial units with design featuring a distinctive lifestyle in Malaysia with the combination of city colours festival and islander holiday retreat livings.

The Managing Director of LBS, Dato’ Lim Hock San said, “We believe that this development with unique island feature will create a new landmark in Puchong. Green elements will also be incorporated into the development, consistent with our philosophy to improve the operational performance of our project while delivering environmental sustainability.

”Key design concepts for this development would emphasis on waterfront residences, gated and guarded community, family orieted club house and neighbourhood, venues for festivals and city activities.

Spread over a development period of 5 years, this project has an estimated GDV of about RM1.0 billion.

LBS To Launch 1,420 Mid-Cost Terrace Houses

LBS Bina Group Bhd aims to launch 1,420 medium-cost terrace houses with a total gross development value (GDV) of RM218mil in the Klang Valley by year’s end, said managing director Datuk Lim Hock San.

LBS will be launching 1,000 units in Bandar Saujana Putra and 420 units in Taman Tasik Puchong in the next few months, according to Lim.

“We want to build affordable homes priced below RM200,000 for the middle-income group,” he told reporters here after the launch of Iris Garden in Bandar Saujana Putra yesterday.

Lim said the group had sold about 85% of the 220 single-storey houses under the Iris Garden series since their soft launch in February.

LBS is confident of selling by next month all the units which have gross built-up areas of 968 sq ft and priced from RM149,900.

“We will then launch our Ruby Garden project that consists of 200 terrace houses with GDV of RM30mil located in the same area. We also hope to launch phase two of Iris Garden this year,” Lim said.

To date, 4,800 property units worth RM499mil have been completed and delivered to buyers in Bandar Saujana Putra.

It also plans to launch 588 single-storey semi-detached houses priced below RM200,000 in Batu Pahat, Johor with a GDV of RM90mil.

A further 680 apartments and 300 townhouses in Taman Golden Hill in Cameron Highlands, with a combined GDV of RM140mil, will be launched by the year-end.

“There is still demand for property amid the current difficult times and we believe that this is a good time for buyers to buy as mortgage interest rates are very low,” Lim said.

On why the company had been very quiet in recent years, he said: “We have been quiet for the past two years but we hope to have a higher profile again this year. With the right products and business directions, I believe this year would definitely be better for us.”

LBS currently has a total landbank of 2,500 acres in the Klang Valley, Pahang, Ipoh, Batu Pahat and Zhuhai in China.

Source: The Star

Taman Tasik Puchong - LBS

Located 12 Miles of Jalan Puchong, Taman Tasik Puchong project is a joint venture project between Azam Perspektif Sdn Bhd, State Secretary Selangor and Permodalan Negeri Selangor Berhad. It is strategically located near the robust Puchong, USJ and Subang Jaya corridor.

Development of this project is diligently planned with each home meticulously designed to exude a sense of elegance throughout. Taman Tasik Puchong is connected via an integrated network of highways, traveling within the vicinity is a breeze without traffic congestion and surrounded by a comprehensive range of modern amenities.

Primary & secondary schools, commercial centre, recreational park, medical facilities, police station, mosques, kindergarten, Binary college.