LBS LAUNCHES BSP SKYPARK HIGH-RISE DEVELOPMENT

    Dates: 09 Jan, 2013


For Immediate Release

LBS LAUNCHES BSP SKYPARK HIGH-RISE DEVELOPMENT
Serviced Residences and Shops Launched in Bandar Saujana Putra

Bandar Saujana Putra, 9 January, 2013 - Property developer, LBS Bina Group Berhad (LBS), today launched BSP Skypark, the first high-rise development in the up-and-coming township of Bandar Saujana Putra (BSP).

BSP Skypark comprises 689 units of serviced residences and 32 shop units which cater to first time homebuyers, young families and investors wishing to rent the homes to students studying in nearby institutions of higher learning in the near future. Affordably priced from RM 399,900, the serviced residences have a gross built-up area from 1,004 sq ft with a comfortable layout of 3-bedrooms and 2 bathrooms. Meanwhile, the shop units which have a gross built-up area from 1,030 sq ft, are priced from RM618,000.

“We are happy to be moving into high-rise developments in the BSP township and confident that BSP Skypark will receive positive response due to its affordable pricing. BSP Skypark’s vision of “A Lifestyle Of Connected Possibilities", embodies the connectivity buyers can expect among families, friends as well as investors seeking business opportunities here. The focus of the property sector has shifted to affordable homes, and having experience in this segment, LBS will continue to support the Government’s initiatives to increase home ownership among Malaysians. Our recent success of achieving RM871 million sales, which surpassed our 2012 sales target of RM800 million, is a proof that our offerings are aligned with the needs of Malaysian homebuyers,” said LBS Managing Director, Dato’ Lim Hock San.


(from r-l) LBS Bina Group Berhad’s Managing Director, Dato’ Lim Hock San with Executive Director, Datuk Joey Lim Hock Guan at the launch of BSP Skypark.

A key feature of BSP Skypark is the spacious 1.3 acre-sized facilities area comprising prayer rooms, a multipurpose hall, playgrounds.  The area would also include recreational facilities such as a swimming pool, jacuzzi, jogging track, gym, game room and yoga room. In addition, reading areas, cafes and a sundeck promote a leisure lifestyle for BSP Skypark residents and will help them unwind from the stress of city life. Furthermore, for convenience and increased security, a minimum of two parking lots per serviced residence unit is allocated.


(from l-r) LBS Bina Group Berhad’s  Managing Director, Dato’ Lim Hock San with Executive Director, Datuk Joey Lim Hock Guan at the launch of BSP Skypark.

Targeted for completion by 2016, BSP Skypark has a total Gross Development Value (GDV) of RM320 million. The launch of BSP Skypark also marked the unveiling of BSP’s Sales Gallery, built to accommodate the needs of the fast maturing township. Existing and potential property buyers can now visit the BSP Sales Gallery to view the BSP Skypark show unit as well as other LBS developments in Bandar Saujana Putra, all conveniently located under one roof. The set-up of this comprehensive LBS’ sales gallery is an effort to increase the Group’s engagement with existing or potential homebuyers. The BSP Sales Gallery is open daily from 9.00am to 6.00pm.

LBS will be offering attractive incentives to serviced residence buyers which include an eight per cent rebate for every unit purchased in addition to a seven per cent discount for Bumiputra buyers. Serviced residence buyers will also enjoy a waiver on the legal fees for sale and purchase agreements (SPA) and deed of mutual covenants (DMC) in addition to the one year free service charge. As for investors of the commercial units, LBS is offering  a waiver on the legal fees for SPA and DMC including a ten per cent discount on every unit purchased for Bumiputra buyers. 

Launched in 2003, Bandar Saujana Putra (BSP) is an up-and-coming township, with approximately 6,600 homes completed to-date and 1,700 homes currently being developed by LBS. BSP boasts a seamless integration between the community by developing recreational parks, sporting facilities, surau and shops. It is strategically located within close proximity of the developing education hub, medical centres, police station and petrol station. This fully self-contained township is located about 30 kilometres South East of Kuala Lumpur City Centre, BSP is it both strategically close to the major suburbs of Klang Valley, yet secluded enough to provide a haven of serenity. Easily accessible and conveniently connected via major expressways including the LDP, ELITE, Shah Alam, KESAS, SKVE and Maju Expressway (MEX), it is within minutes of Petaling Jaya, Sunway, USJ, Subang Jaya, Seri Kembangan, Shah Alam, Cyberjaya and Putrajaya.  This strategically located and self-contained township further aims to live up to its tagline, “The Township For Everyone”, by providing a conducive living environment for families of today and that of the future.  

For more information, please call 011-1233 0566 / 011-1233 0577 / 011-1233 0655 or visit www.lbs.com.my

Development Details (BSP Skypark)

Developer

Utuh Sejagat Sdn Bhd

Development land area

5.26 acres

Land Tenure

Leasehold 99 years

Property type

24 Storey Serviced Residence

Total units

32 shops

689 Serviced Residence

Gross built-up

Shop, from 1,030 sq. ft.

Serviced Residence, from 1,004 sq ft

Layout for serviced residence

3 bedrooms & 2 bathrooms (Standard unit, Type A6)

Price

Shop from RM 618,000

Serviced Residence from RM 399,900

Facilities/Amenities

for serviced residence

1.3 acres allocated for facilities area

Swimming pool, jacuzzi, wading pool, outdoor shower, sundeck BBQ area, green space with gazebos, cafeteria, reflexology, shop, gymnasium, yoga room, game room, squash courts, multi-purpose hall/badminton courts, kindergarten, library/reading area, children playground, jogging track, outdoor gym, surau.

Minimum of 2 parking lots per unit

Expected date of completion

Within 3 years / by 2016

Special incentives

Serviced Residence

7% discount for Bumiputra,

8% rebate,

Free legal fees on SPA & DMC

Free 1 year service charge

Shop

10% discount for Bumiputra,

Free legal fees on SPA & DMC

 

Township Details

Established

Year 2003

Total acreage

850 acres

Facilities/ Amenities

Recreational park

Football field

Surau

Police Station

Petrol Station

Education hub nearby – In future

Medical centre nearby -  In future

Accessibility

Major expressways:

  • ELITE
  • SKVE
  • KESAS
  • NKVE
  • LDP
  • MEX