LBS – Johor Bahru Mixed-Use Development – Johor - Project Profile
"LBS – Johor Bahru Mixed-Use Development – Johor - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Sinaran Restu Sdn Bhd (Sinaran), a subsidiary of LBS Bina Group Sdn Bhd, is planning to undertake the construction of Johor Bahru Mixed-Use Development project in Johor, Malaysia.
The project involves the construction of mixed-use complex on a 1.7ha of land. It includes the construction of 2,700 residential units, retail units, shops, hotel suites, parking and other related facilities.
On February 14, 2014, Sinaran acquired the project site from employee’s provident fund for US$22 million.
The project will be funded by a combination of internally generated fund and bank borrowings.
The project involves the construction of mixed-use complex on a 1.7ha of land in Johor, Malaysia.
The US$582 million project includes the following:
1. Construction of 2,700 residential units
2. Construction of retail units
3. Construction of shops
4. Construction of hotel suites
5. Construction of parking facilityReasons To Buy
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