Case studyReal estate · Residential apartments

JBS Holdings: ৳60 crore in apartment bookings from 1,903 Meta leads

JBS Holdings needed buyer enquiries for more than 20 apartment projects at once, on a small budget. This is how Ngital used Facebook and Instagram ads to bring in 1,903 leads at $2.06 each, which turned into about 570 site visits and ৳60 crore in apartment bookings.

Client
JBS Holdings
Industry
Real estate · Residential apartments
Market
Dhaka, Bangladesh
Channels
Facebook Ads, Instagram Ads, Meta instant lead forms, Video and social design
Timeline
Nov 2025 – Oct 2026

In 12 months, Ngital ran Meta advertising for JBS Holdings, a Dhaka apartment developer, across more than 20 residential projects. It brought in 1,903 buyer leads at an average of $2.06 each. According to JBS's sales team, 30% of those leads visited a project site and 2% booked an apartment: about 570 site visits and 38 bookings worth ৳60 crore.

01 · Objective

Objective & Challenges

JBS Holdings Ltd builds mid-size and premium apartment buildings across Dhaka, in Bashundhara R/A, Jolshiri Abashon, Uttara, Aftabnagar, Banasree and Purbachal. The company says its major shareholders are Japanese. JBS was selling more than 20 projects at the same time, including JBS Kiwami, Orchid, Naz Garden, M. Ali Garden, Lilac, Radium and JBS Tower, most of them 10-storey buildings with 8 to 36 units.

That makes marketing awkward. Each building has only a few flats to sell, so no single project can carry a big ad budget. But each one still needs its own buyers: a family looking for a 3-bed in Uttara is not the same buyer as one looking for a 4-bed in Bashundhara. The audience is also narrow: people with the savings or loan approval to buy in Dhaka's private market.

The brief had three parts: bring in named, contactable buyer enquiries for every active project; keep the cost per lead low with $10–$70 behind most campaigns; and keep each project visible between launches, so returning buyers recognise the JBS name.

02 · Strategy

Our Strategy

Ngital treated each JBS project as its own small sales funnel, with two steps. First, a cheap awareness burst introduces the building to the right part of Dhaka. Then a lead campaign follows, asking the warmed-up audience to request a price list or a site visit.

We used Meta instant lead forms instead of a landing page. A buyer taps the ad, and the form opens inside Facebook with their name and phone number already filled in. For a busy professional on a phone, that's two taps instead of a slow website, and the JBS sales team gets a number they can call the same day.

Projects launched in waves: April, May, mid-June, July, August, early September and October. Each wave got new creative, and most lead campaigns ran on a fixed lifetime budget of $40–$70, so the spend for each project was capped and easy to report.

Behind the ads sits one design system. Launch and promotional posts for 16 JBS projects share the same layout: project logo top-left, JBS logo top-right, a short list of amenities and the contact details along the bottom, with the building render filling the frame. A buyer who has seen one JBS post recognises the next, even for a different building.

Awareness · Reach

Project awareness bursts

3.43 million people in Bangladesh reached at a $0.43 CPM.

Explore service →
Leads · Instant forms

Buyer lead generation

1,903 leads at $2.06 each; 30% of them visited a site.

Explore service →
Video · ThruPlays

Motion and video creative

255,096 ThruPlays from building films and motion posts.

Explore service →
Creative · Social design

One post system for 16 projects

One shared layout: building render, amenities and contact details.

Explore service →

The 12-month numbers

Every figure below covers 1 November 2025 to 31 October 2026. Ad results come from Meta Ads Manager; site visits and bookings come from the JBS Holdings sales team.

Result (12 months)SourceVolume
Buyer leads from instant formsFacebook + Instagram1,903
Project site visits (30% of leads)JBS sales teamAbout 570
Apartment bookings (2% of leads)JBS sales teamAbout 38, worth ৳60 crore
Average cost per leadMeta$2.06
Media cost per site visitMetaAbout $6.90
Media cost per bookingMetaAbout $103
Unique people reachedMeta3,434,675
ImpressionsMeta9,121,491
Link clicksMeta51,758
Video ThruPlaysMeta255,096
Average cost per 1,000 impressions (CPM)Meta$0.43
Media spendMeta$3,921

Three in ten leads visited a site, and about one in fifty booked a flat. Those 38 bookings were worth ৳60 crore in sales. Facebook did almost all the work: it carried 88% of spend and produced 93% of leads (1,765 of 1,903), with Instagram and Audience Network adding the rest.

How we did it: one small funnel per project

Every building got the same three-layer setup. That is what kept results comparable across more than 20 projects.

LayerWhat it doesTypical budgetResult
1. Awareness burstShows the building to people in and around its neighbourhood$10–$40 per project66,000–577,000 people reached per burst
2. Video and social designShows renders, amenities and the JBS look, so leads arrive informed$20–$30255,096 ThruPlays across the account
3. Instant lead formCollects name and phone number inside Facebook for a sales call$40–$70 lifetime1,903 leads at $2.06, ৳60 crore in bookings

Results over time

The programme started small, testing a few campaigns between November 2025 and January 2026. It scaled from March 2026, when JBS began launching projects in monthly waves, and spend averaged about $470 a month from March to October.

May 2026 was the best month: 560 leads at $1.09 each, as several JBS Kiwami lead campaigns ran behind fresh awareness bursts. August came second, with 321 leads at $1.28.

Costs rose in September, to $3.61 a lead. Many of the same Dhaka buyers had been seeing JBS ads for months by then. Lead costs came back down to $2.38 in October, when fewer projects were running and the creative was new.

Campaign spotlights

The best lead campaigns cost well under a dollar per enquiry. They show what a focused project launch can do on a $50–$100 budget.

CampaignLaunchLeadsSpendCost per leadWhat it shows
JBS Kiwami lead campaign3 May 2026165$99.96$0.61Ran after two Kiwami awareness bursts and brought in the most leads of any campaign
JBS Kiwami relaunch17 May 2026111$69.32$0.62Relaunching a winner two weeks later kept the cost low
JBS M. Ali Garden29 Apr 202697$99.97$1.03A video-view burst the same day fed the lead campaign
JBS Noor12 Aug 202691$50.00$0.55The cheapest leads of the year, for a single building
JBS Orchid21 Apr 202693$199.86$2.15The biggest single lead budget of the year, for a Bashundhara project
JBS Naz Garden6 Aug 202672$50.00$0.69An Uttara project that responded well to a lifetime budget
JBS Tower13 Aug 202666$69.93$1.06Ran alongside a $30 awareness burst for the same tower

What we learned

Three findings now shape how Ngital plans property campaigns:

  1. Lifetime budgets beat small daily budgets. On 16 July, six projects ran on $10 a day each and spent $292 for 64 leads, or $4.57 each. Two weeks later, four projects ran on $38–$65 lifetime budgets and spent $142 for 111 leads, or $1.28 each. With a lifetime budget, Meta can spend more on the days buyers are most active.
  2. Warm the audience first. JBS Kiwami got the most awareness support: five bursts and video views across April and May. Its lead campaigns then produced 430 leads at under $1 each, the best result of any major project.
  3. Watch frequency, then rotate. Across the year, each person saw JBS ads 2.66 times on average. Thirteen lead campaigns launched in September, and the cost per lead climbed to $3.61. In October, with fewer campaigns and new creative, it fell back to $2.38.

Audience insights

Buyers aged 25–44 sent three in four leads.

Age groupLeadsShareCost per lead
18–24643%$1.41
25–3476840%$1.71
35–4465735%$2.33
45–5431417%$2.37
55–64764%$2.32
65+241%$3.04

Two more findings matter for future campaigns:

  • Men submit most forms. Men sent 84% of leads (1,604) and women 14% (263). The person filling in the form isn’t always the only one deciding, so the creative should speak to the whole household.
  • Younger buyers are cheaper to reach. People aged 25–34 sent the most leads (768), at $1.71 each, cheaper than every older group. Younger professionals deserve their own ads in the next round.

Why this matters for real estate developers in Bangladesh

The JBS programme shows that a developer with many small projects does not need a big budget for each one. It needs a repeatable system.

  • Every project gets its own numbers. Each building has its own campaigns, budget and report, so JBS can see which projects sell themselves and which need help.
  • Leads turn into visits and bookings. Instant forms deliver a name and phone number, not just a page view. Three in ten JBS leads went on to visit a site, and the 2% who booked bought ৳60 crore worth of apartments.
  • Spend stays predictable. Lifetime budgets cap every campaign. A typical project wave cost $50–$110 across awareness and leads.
  • The playbook is reusable. The same awareness-then-leads funnel works for any developer launching several buildings a year, from Bashundhara to Purbachal. See our real estate marketing work.

Frequently asked questions

How much does a Facebook lead cost for a real estate project in Dhaka?

In this 12-month JBS Holdings programme, the average was $2.06 per lead across 1,903 leads. Monthly averages ranged from $1.09 (May 2026) to $3.61 (September 2026). The best single campaigns came in at $0.55–$0.62 per lead.

How many Facebook leads turn into apartment bookings?

For JBS Holdings, 30% of Meta leads visited a project site and 2% booked an apartment, according to JBS’s sales team. That’s about 570 site visits and 38 bookings from 1,903 leads, worth ৳60 crore in sales, at roughly $6.90 of media spend per visit and $103 per booking.

How much budget does an apartment project need for Meta ads?

For JBS, a typical project wave was a $10–$40 awareness burst plus a $40–$70 lead campaign. Across more than 20 projects, the account averaged about $470 a month in media spend from March to October 2026.

Why use Facebook instant lead forms instead of a landing page?

Instant forms open inside Facebook with the buyer’s name and phone number already filled in. That makes it quick to enquire on a phone and gives the sales team a number to call straight away. For a developer, a callable number is worth more than a page view.

Who responds most to apartment ads in Dhaka?

In the JBS account, people aged 25–44 sent 75% of leads, and men filled in 84% of forms. Facebook produced 93% of leads; Instagram and Audience Network added the rest.

Which agency ran JBS Holdings’ digital advertising?

Ngital, a digital marketing agency in Banani, Dhaka, ran JBS Holdings’ Meta advertising from November 2025 to October 2026. Ngital has been a Meta Business Partner since 2020.

Sources

  • Campaign data: Meta Ads Manager, ad account “109 Ngital – JBS Holdings”, 1 November 2025 – 31 October 2026. Leads are Meta instant-form submissions under 7-day-click or 1-day-view attribution.
  • Site visit (30%) and booking (2%) rates and the ৳60 crore booking value: JBS Holdings sales team. Visit and booking counts are those rates applied to 1,903 leads, rounded.
  • JBS Holdings Ltd and JBS project listings on Property Guide.
  • JBS Holdings — Real Estate Social Media Campaign, Ngital on Behance.
03 · Results

Results

Over 12 months, Ngital brought JBS Holdings 1,903 buyer leads at an average of $2.06 each, across more than 20 apartment projects in Dhaka. JBS's sales team reports that 30% of those leads visited a project site and 2% booked an apartment: about 570 site visits and 38 bookings, worth ৳60 crore in sales. All of that came from $3,921 of media spend. The ads reached 3.43 million unique people and earned 51,758 link clicks, and the best month, May 2026, delivered 560 leads at $1.09 each.

1,903Buyer leads captured
570Project site visits
৳60 CrApartment bookings (38 flats)
Keep reading

More case studies

All case studies →