LBS Bina Group Bhd will construct 1450 apartments in Seri Kembangan, Selangor, valued a total of RM301 million.

The eight-acre project, known as Prestige Residence, will provide three different layouts, ranging in size from 600 square feet (sq ft) to 850 sq ft.

Tan Sri Lim Hock San, executive chairman of LBS, revealed that the selling price starts at RM270,000.

Prestige Residence will feature 40 amenities as well as a two-story clubhouse for residents alone.

According to Lim, the residence is close to major highways and a variety of important public services, including commercial hubs, financial institutions, international airports, healthcare providers, and more.

"I have always been a firm believer that our future generation deserves to start their homeownership journey with a house that is affordable while of exceptional quality. Similarly, all LBS homes are built with connectivity in mind as it guarantees employment and education opportunities to its residents," he said.

According to Lim, the last pillar, that is the community, is equally crucial, be it for their stay or investing.

"Prestige Residence is a union of all the three pillars and will be a testament to LBS' ability to attract first-time homebuyers," he said.

LBS is extending its Vacci-Nation Bonanza campaign till the end of the year where it will give out a total of RM671,120 cash incentives and extra cash incentives of up to RM334,500 for those who are in line for their Covid-19 vaccination or have been vaccinated.

Meanwhile, in the first round of the LBS Fabulous 20-21 campaign fortunate draw, the developer gave away RM445,000 in prizes.

Prestige Residence purchasers who submit their orders by the end of the year would be entered into the second round of the lucky draw, according to Lim.

The Proton X70, Persona, Iriz, and Exora are among the prizes up for grabs, with a total value of RM750,000.