Growing Value

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Growing Value Growing Value LBS Bina Group Berhad • Annual Report 2010 Portfolio 2010 The Township for Everyone BANDAR SAUJANA PUTRA Bandar Saujana Putra (“BSP”), an integrated township is conceptualized upon an idea inspired by the elements of community living and the benefits of cluster-community integration synergies. As its theme described, BSP is envisaged to provide all the amenities and utilities, making it an integrated neighbourhood encompassing primary and supportive The phenomenal connection through Launches for various functions interlace to form a smooth self- highways to Putrajaya, the Malaysia sustained township. Government administrative centre and innovative medium-high also where the Putrajaya International Superb Connectivity Convention Centre resides; Cyberjaya, and high end properties This flagship project is well connected the country’s first intelligent city with in the pipeline shall via the elevated interchange connecting world class IT infrastructure and the to Elite Highway (Exit 606) that opened to Multimedia Development Corporation see LBS increases traffic in 2008. The ideal connection via or MDeC headquarter; KLIA, one of its leverage on high the Elite Highway from the township to Southeast Asia’s major aviation hubs; KLIA (Kuala Lumpur International Airport) Sepang International Circuit, the end property market and the linkage of few highways such as Malaysian Grand Pix and other nearby in order to strive in KESAS (Shah Alam Expressway), NKVE townships such as Taipan USJ, Putra (New Klang Valley Expressway) and LDP Heights, Sunway, Puchong etc has balance to position the (Lebuhraya Damansara-Puchong) to further enhanced the integrity for the Group to a new era as other town centers becomes convenient development of BSP. and direct. planned. Comprehensive Development The township is also linked up through BSP has contributed significantly towards the SKVE (South Klang Valley the creation of self-contained township Expressway) where its Saujana Putra under the government blueprint paradigm Interchange has officially opened to traffic which supports well the extensive in July 2010. When the remaining stretch demand of property in Klang Valley. As of SKVE is completed, it will enhance the planned, BSP is moving towards a mixed accessibility of BSP from Pulau Indah to development township that will comprise Putrajaya/Kuala Lumpur. Besides, there residential, commercial, education and is also an alternative road to the township leisure hub. With the abundance of via Taman Mas Sepang and Puchong. great interlinking systems and proximity This township is also neighbouring with to numerous cities, BSP is expected other larger town, Nilai, Shah Alam to to propel to become another pulsating name a few. town in the vicinity! LBS Bina Group Berhad • Annual Report 2010 24 Portfolio 2010 BSP is equipped with amenities and Potential value utilities well required to live an urban With the full support of the Malaysia life. One of the leading hypermarkets government, the Multimedia Super is just mere kilometers away from the Corridor (MSC), which was designed to town. Coming soon, the development leap-frog the country into the information of a well-known hypermarket within the and knowledge age, would enter its town shall commence. Communities’ third phase development in year 2011. well-being is a great matter to us. From It will become one of the cornerstones restaurants, coffee joints, parks, gardens, to drive Malaysia towards a high-income to police station, Surau and school, the economy within the next 10 years and up and coming facilities and amenities is expected to contribute 10.2% to the are envisioned to make the life in BSP nation’s gross domestic product by 2015. enjoyable, pleasant and ease of mind. These catalysts will, in turn, is expected to provide up to 83,000 job opportunities Occupancy and thus, project a strong confidence The occupancy rate for BSP has on the growth prospect in BSP which achieved more than 70% witnessing the is strategically located in the vicinity of tremendous growth of the township since MSC zone. its first launch in 2003 and we are upbeat about that the number of occupancy New Launches could be further augmented owing to its To date, a total of 5,272 residential and strategic location and the pulsating of commercial properties with a total gross neighbourhood. development value of approximately RM579 million has been completed and delivered to purchasers. 5 new projects were launched during the year 2010. Presently a total of 10 projects comprising 1,500 units of residential and commercial properties are progressive well and the same are to be completed followed by delivery of vacant possession ahead of schedule. The demand for our products was overwhelming with more than 95% out of the said 1,500 units have been sold. 25 LBS Bina Group Berhad • Annual Report 2010 Portfolio 2010 Unwind in Tranquility: Beautiful Homes @ Cameron Highlands TAMAN GOLDEN HILL Set on 59 acres of land in a tranquil With its unique natural green scenery Residential units set amidst nature’s own gift of green and cooling climate, Cameron comfort between Brinchang and Tanah Highlands has evolved from a traditional encompassing semi- Rata of Cameron Highlands, Pahang. farming economy into a famous tourist detached houses and Taman Golden Hill is approximately 4 destination in Malaysia. To tap on this km north of Tanah Rata town and 2 km changing economic trend, this mixed bungalows with total south of Brinchang town. development project has included in GDV of approximately its upcoming plan property types that RM763 million would In creating the concept for Taman Golden are for hospitality industry, this include Hill, we set out to preserve the lush arcade market and shop apartments. be strategised on high and peaceful ambience of this culture quality and exclusive rich highland, recapturing the prestige and cachet for this strategic located designs. highland. Residents will mesmerized by its charms surrounding each home and greeted to limitless fresh cool air and clear blue sky spotted with lovely white clouds. LBS Bina Group Berhad • Annual Report 2010 26 Portfolio 2010 TAMAN Royal Lily Taman Royal Lily is strategically located at Tanah Rata town centre of Cameron Highlands. The cool and fresh air in the highlands offers an attractive retreat for city dwellers who want temporary respite from the noise and pollution of the city. Launches of double storey link house during the year has received encouraging response with 100% sold within a short period. In the next few months, we plan to launch our apartment and shop unit with total GDV of RM21.5 million. 27 LBS Bina Group Berhad • Annual Report 2010 Portfolio 2010 This project is developed on a 40-acre Taman Tasik Puchong is strategically Bandar Putera Indah is a fully integrated land strategically located at the thriving located in the thriving and robust township, which comprises more than and robust Puchong, Tasik Perdana Puchong, USJ and Subang Jaya 6,300 units of mixed development Industrial Park, a light industrial hub Corridor. The township is well connected of residential and commercial units, ideal for all types of small and medium to the main interchange of Damansara- located approximately 7km from Batu industrial. It is designed for small and Puchong Highway and it also accessible Pahat town center and within minutes of medium-size enterprises to fulfill their from ELITE Highway linked by the neighbouring towns such as Yong Peng dream to own a factory or expand their Approved Cloveleaft Intechange- and Muar. business at Puchong. The launches of Putrajaya in near future. semi-detached factories and industrial As of today, 746 units of properties lots in year 2009 received 90% take-up The township is a mixed property have been handed over to purchasers. rate. The bungalow factories with total development comprising residential Launches of 218 units of single storey GDV of RM19.0 million launched in year and commercial units and has been semi-detached residential houses with 2010 have been taken up fully. meticulously planned to exude a sense total GDV of RM53.7 million received of style or elegance throughout each very encouraging in Bandar Putera units. As of today, a total of 409 units Indah. These developments signify the of properties have been completed and continuing steady growth and progress handed over to the purchasers. of the Bandar Putera Indah. Phase 2 for the popular Town Villa with total GDV of RM18.7 million launched in July 2010 have been fully sold within few months’ time. LBS Bina Group Berhad • Annual Report 2010 28 Unveiling Island Retreat Urban Charm 29 LBS Bina Group Berhad • Annual Report 2010 Brightened up your mood by the greatness of blue in the sky, by the coolness of the clear lake water, by the happiness the sun is shining on. Here is where solitary finds company. This is where lives begin. This is D’Island. Slowdown your pace, smell the sweetness of live. Taste the serenity that you’ve been craving for. A retreat of serenity within the heart of the urbanization of Puchong, LBS brought Estimated to have tenure of 8 years with a total you D’Island, where luxury homes GDV of RM3.5 billion, D’Island is expected to set come with a guaranteed solitariness. another benchmark in luxury living in the high-end An unexplainable ambience, a brilliance living that can handly be shared unless exclusive residential market upon its completion. is experienced personally. That is the uniqueness of D’Island. Phase I of the project was unveiled in April 2011. It will be a catalyst for Group’s plans to embark on the higher segment of the property market. LBS Bina Group Berhad • Annual Report 2010 30 The 4- & 5-storey commercial units at Brinchang Square was created to enhance the hip and active lifestyle of the residents through the provision of contemporary space for boutique, coffee joints and professional commercially oriented activities that complement and complete the overall urban living concept of Cameronians.
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