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KTI Sdn Bhd and Housing and Town Development Board (LPPB) has embarked on a high-profile mixed-development project in the affluent suburb of Luyang aimed at converting a derelict land into an upscale residential, commercial and lifestyle hub. The Logg, funded by Sabah Development Bank (SDB), will see all three industry players being Sabah-based, signifying the state financial institution’s capability to support Sabah’s property and construction industry without dependence on external funding to help spur the local economy. A signing ceremony between KTI and Sabah Development Bank was held on Dec 8 here to signify financial support by the bank to help realise the project’s completion in the next four years. A two-day sales preview event held in conjunction with the event saw an encouraging 30 per cent sales pick-up of the condominium units as interest in the project continues to grow. SDB’s funding also comes at an opportun ....
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