Get up to 95 pct financing for LBS Bina's SkyRia @ D'Island in Puchong

 By Sharen Kaur

(L-R): RHB Banking Group head of alternate sales channel, Vincent Tan Yee Wee; managing director of group community banking, Jeffrey Ng Eow Oo; LBS Bina Group Bhd chief executive officer, Datuk Wira Joey Lim Hock Guan; LBS Bina executive director, Datuk Cynthia Lim Mooi Pang; and RHB Banking Group homeowner squad lead, Christine Wong Sze Pin, at the event celebrating the partnership.

LBS Bina Group Berhad has formed a strategic collaboration with RHB Banking Group to introduce green financing for SkyRia @ D'Island Residence, Puchong, Selangor.

Under the RHB Green Financing Schemes, prospective homeowners can benefit from a loan margin of up to 95% and an additional 5% coverage for mortgage-reducing term assurance (MRTA) or mortgage-reducing takaful term (MRTT).

These exclusive packages aim to make sustainable living more affordable and accessible for Malaysians, said Tan Sri Ir (Dr) Lim Hock San, group executive chairman of LBS Bina.

This collaboration follows the awarding of the Provisional Silver in GreenRE Certification to SkyRia, underscoring LBS's commitment to building a greener future. GreenRE certifications are given to buildings or projects that meet stringent sustainability standards.

SkyRia is part of D'Island Puchong, one of LBS Bina Group's flagship townships, offering serene lakeside living. Comprising two residential blocks with a total of 999 units, SkyRia is expected to generate a gross development value (GDV) of RM457 million. Unit prices range from RM250,000 to RM507,000.

Since its launch, the project has seen high demand, reflecting the appeal of LBS’s sustainable housing options, Lim noted.

Designed to merge luxury with sustainability, SkyRia offers 29 facilities that enhance lifestyle while minimizing environmental impact, making it an attractive choice for eco-conscious buyers.

"Our partnership with RHB Bank is a key milestone in our mission to provide affordable and sustainable housing. By offering green financing options, we are making it easier for homeowners to own eco-friendly homes and reinforcing our commitment to environmental stewardship," Lim said.

SkyRia @ D'Island reflects LBS Bina's vision of high-quality, sustainable living. Lim also emphasized the company’s dedication to achieving net-zero carbon emissions by 2050, a goal that shapes all its projects, including SkyRia.

"Our approach involves implementing cutting-edge green technologies, optimising energy efficiency, and promoting environmentally responsible practices across our developments. This roadmap to net zero is not just an ambition but a reflection of our responsibility to future generations," he said.

Jeffrey Ng Eow Oo, managing director of group community banking at RHB Banking Group, said the partnership with LBS Bina aligns with RHB's vision to promote sustainable living.

"At RHB, we are committed to leading the financial sector in driving sustainability through innovative green financing solutions. This collaboration is a significant step towards realising our five-year sustainability strategy and roadmap, where we aim to deploy RM50 billion in sustainable financing," he said.

Ng highlighted that RHB focuses on supporting initiatives that foster a low-carbon economy and environmentally responsible development.

"By offering comprehensive green financing packages, we are not only facilitating access to eco-friendly homes but also reinforcing our role as a thought leader in sustainable finance. 

"We believe that by working together with like-minded partners like LBS, we can accelerate the transition to a more sustainable future and create lasting positive impacts for communities and the environment," he said.