PETALING JAYA, Jan 3: Property developer, LBS Bina Group Bhd, aims to achieve sales of RM1 billion in two years in view of the strong demand despite cautious market sentiment, says managing director Datuk Lim Hock San.
He said the company aimed to achieve RM800 million in sales this year backed by 16 new launches and 21 ongoing projects and RM950 million in 2013.
"Currently, we have some 920-hectare land bank with an estimated gross development value (GDV) of RM9.1 billion to keep us busy for the next few years," he told reporters after the company's annual general meeting here today.
Lim said the company would launch 16 projects, comprising 2,426 units with a GDV of RM1.5 billion, together with some 21 ongoing projects with a value of RM665 million.
"These include projects in D'Island Residence, Bandar Saujana Putra, Taman Golden Hills in Cameron Highlands and Bandar Putera Indah in Batu Pahat, Johor," he said.
By Bernama
Tuesday, January 3, 2012
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Its great news that company aimed to achieve RM800 million in sales this year backed by 16 new launches and 21 ongoing projects and RM950 million in 2013.
I live in bandar saujana putra... We should call it 'kampung saujana putra' ...it seems to me LBS is only interested in selling houses. Looking at the facilities available, we are far behind... But price pf houses there recently are almost comparable to other good township nearby. Poor developer in term of customer satisfaction.. Is It all about to reach 1 bill mark?
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