Question 1

Is Prestige Residence freehold or leasehold?

Accepted Answer

Prestige Residence is leasehold. The card does not list the expiry year, though records put it at 4 September 2112, so about 86 years remain today; confirm the remaining term, as it is the first thing your future buyer's bank checks.

Question 2

What is the nearest rail station to Prestige Residence and how far is it?

Accepted Answer

The card lists no nearby rail, so this is a car-first address served by highways. SJK(C) Bukit Serdang is about 542m and Taman Rekreasi Puncak Jalil 810m straight-line.

Question 3

How much do units at Prestige Residence cost and what sizes are available?

Accepted Answer

Prices run from about RM270,000 to RM478,900, one of the more affordable entries in the area. Units are 600 to 850 sqft across 2 to 3 bedrooms, in a large 1,450-unit scheme.

Question 4

How much is the monthly instalment for Prestige Residence?

Accepted Answer

The estimated instalment starts from about RM1,120 a month, based on a 90% loan over 35 years at ~4.3%; your actual figure depends on your loan profile. The low RM0.22 psf maintenance excludes the 10% sinking fund.

Question 5

Who is the developer of Prestige Residence and are they reliable?

Accepted Answer

The developer is LBS Bina Group Berhad, a Bursa-listed developer with construction roots in 1960s Petaling Jaya, focused on townships and affordable housing. Its listed status and long township record are meaningful reassurance, so inspect completed projects such as D'Island Residence or KITA @ Cybersouth and verify the HDA account and timeline.

Question 6

Is Prestige Residence completed or still under construction?

Accepted Answer

The card lists completion for Q4 2025 but still shows the status as under construction, so confirm the actual VP position directly before committing.

Question 7

Is Prestige Residence fairly priced for the area?

Accepted Answer

From RM270,000 it sits below the RM430,600 median across 4 Seri Kembangan projects on this site, with a low maintenance rate. But at 1,450 units it is high density, so shared facilities are busy and resale and rental competition within the block is real.

Question 8

Is Prestige Residence a good buy and who is it best suited to?

Accepted Answer

Its honest appeal is affordability below the area median with a low maintenance charge. The caution is the 1,450-unit density, no rail nearby so you check Seri Kembangan traffic, and a leasehold, off-plan buy where you must confirm the remaining term. It fits an affordable own-stay or first investment that checks real rental demand before relying on income.

Price range	RM 270,000 - 478,900
Unit size	600 - 850 sqft
Bedrooms	2 - 3
Total units	1450
Land area	7.977 Acre
Maintenance fee	RM 0.22 per sqft excluded 10% sinking fund
Developer	LBS Bina Group Berhad
Subsidiary company	Utuh Aspirasi Sdn Bhd
Developer license no.	20162/09-2028/1126(A)
Advertising permit no.	20162-1/09-2026/0710(R)-(S)
Schedule type	Schedule H
Construction period	36 months + 12 months

Type	Size	Bedrooms	Bathrooms	Car parks
A	600 SQFT	2	2	2
B	800 SQFT	3	2	2
C	850 SQFT	3	2	2

Prestige Residence — Seri Kembangan

Project overview

About Prestige Residence

Prestige Residence, Seri Kembangan: An Affordable Leasehold Residence by LBS Bina

Unit types

Facilities

Pros

Cons

Official KPKT record