LBS Bina Group Berhad (LBS) has announced a strategic collaboration with RHB Banking Group (RHB) to introduce innovative green financing solutions for SkyRia @ D'Island Residence Puchong (SkyRia). This partnership underscores a mutual commitment to promoting eco-friendly homeownership and sustainable living in Malaysia.

The collaboration follows the awarding of Provisional Silver in GreenRE Certification to SkyRia, part of LBS's pledge to build a greener future. GreenRE certifications are recognised credentials granted to buildings or construction projects that meet specific sustainability criteria.

Under the RHB Green Financing Schemes, prospective homeowners can access various benefits, including 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 are designed to make sustainable living more accessible and affordable for Malaysians.

SkyRia, located within D' Island Puchong—a prominent township and one of LBS's signature developments—features picturesque views and lush landscapes, offering residents a serene lakeside living experience. The development comprises two residential blocks with 999 units and is projected to deliver a Gross Development Value (GDV) of RM457 million. Unit prices range from RM250,000 to RM507,000, appealing to a diverse range of buyers. Since its launch, the project has experienced strong demand, highlighting the attractiveness of LBS's sustainable housing offerings.

Tan Sri Ir (Dr) Lim Hock San, Group Executive Chairman of LBS Bina, expressed his enthusiasm for the partnership, stating, "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. SkyRia @ D'Island embodies our vision of high-quality, sustainable living."

He continued, "Sustainability is at the core of LBS's development strategy. The Group is deeply committed to achieving net zero carbon emissions by 2050, a goal that guides all of our projects, including SkyRia at D'Island. Our approach involves implementing cutting-edge green technologies, optimising energy efficiency, and promoting environmentally responsible practices across our developments."

Jeffrey Ng Eow Oo, Managing Director of Group Community Banking at RHB Banking Group, stated, "We are excited to partner with LBS Bina Group on this initiative that aligns with our vision of promoting 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 5-Year Sustainability Strategy & Roadmap, where we aim to deploy RM50 billion in sustainable financing."

He added, "Our focus is on supporting initiatives that contribute to a low-carbon economy and foster 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."