KUALA LUMPUR: Property developer LBS Bina Group Bhd will continue to focus on
the affordable and middle-range residential market this year and in 2015, said
managing director Datuk Seri Lim Hock San.
“There is a growing demand
from home-occupied buyers and LBS Bina will continue to support the government’s
efforts to provide more options for the middle income bracket,” he said in a
statement yesterday.
Lim said although the group has expanded into the
high-end property sector with its flagship D’Island Residence in Puchong,
Selangor, it continues to build affordable homes in the country.
LBS Bina
was named “Best Company for Leadership of Property Development” at the 2014
International Alternative Investment Review (IAIR) Awards in Hong Kong
recently.
“We take pride in receiving the acclaimed 2014 Best Company for
Leadership in the Property Development category for Malaysia. Our aim is to be
an internationally recognised developer and we regard this award as a testament
from the market that we are on the right track,” said Lim.
He attributed
the group’s success to its value proposition in “building inspiring lifestyle
spaces that enhance community living”.
“We are not merely building homes,
we are building communities,” said Lim.
The IAIR Awards recognise Asian
companies based on eight judging criteria. They are sustainability, business
results, leaderships in the field, strategic development, high quality of
service, innovation in the field, education and green initiatives.
Award
recipients were selected by over 50,000 IAIR readers, international teams of
journalists and industry leaders through independent nomination
questionnaires.
This article first appeared in The Edge Financial
Daily, on March 07, 2014.
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