LBS Bina Group Bhd (LBS) is pleased to announce that the group is a Top 10 winner at the Malaysia Developers Awards (MDA) 2022 Top-of-the-Chart (market cap under RM1bil) category.

Mah Sing Group Bhd (Mah Sing) is named as one of Malaysia’s top 10 developers under the Top-Of-The-Chart Awards (for market cap RM1bil and above) at Malaysia Developer Awards (MDA) 2022, adding another impressive achievement for the group this year.

Tropicana Corporation Bhd (Tropicana) recently celebrated 100% take-up for Phase 1 of its first industrial venture, Tropicana Industrial Park in Iskandar Malaysia, Johor. Its continuing success was seen in the recent sale of land parcels for a total consideration of about RM200mil.

With a total of RM1.604bil in sales and 3,886 units sold, LBS Bina Group Bhd successfully achieved its financial year 2022 sales target before the end of the final quarter, despite the recent labour shortage, price increases and Malaysia’s economic recovery status.

Real Estate and Housing Developers' Association Malaysia’s (Rehda) Property Industry Survey found decreases in both launched units and sales performance for the first half of 2022, with developers staying neutral for expectations of the first half of 2022.

White knight property developer Infra Segi Sdn Bhd will be launching 168 Park Selayang, previously known as Selayang Star City, which had been abandoned by its initial developer in 2016.

250 runners participated in Tropicana Golf and Country Resort’s (TGCR) annual Nite Race, a nighttime running event that offered cash prizes worth up to RM500.

For the second quarter of 2022, Malaysia’s national economy recorded a growth of 8.9% while the retail industry recorded an all-time high growth rate of 62.5% in retail sales. This latest quarterly result was far beyond the market expectation.

When Home Minister Datuk Seri Hamzah Zainudin announced the new Premium Visa Programme (PVIP) to attract global tycoons into Malaysia, eyebrows were raised. There was certainly a mixed batch of reactions but as the deadline closes in on the starting date of the golden visa programme, more and more...

LBS Bina Group Bhd (LBS) supports the government’s efforts to prioritise the nation’s welfare following the tabling of Budget 2023 by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz in Parliament on Oct 7.