KUALA LUMPUR: LBS Bina Group Bhd plans to launch Sherwood Residence, the first residential phase of its RM8.3 billion The Reserva development is in Kwasa Damansara, Selangor in April next year
Spanning 10.09 hectares of freehold land, Sherwood Residence will comprise 196 landed homes, including eight bungalows, 88 semi-detached houses and 100 superlink homes.
With a density of approximately eight units per acre, the development is designed to offer greater privacy and spaciousness, complemented by its surrounding greenery.
Each home will be equipped with a private lift to support multigenerational living, alongside features such as electric vehicle charging readiness, solar panel provisions, rainwater harvesting and three-day water storage capacity.
The development will also feature a clubhouse spanning approximately 1,672 square metres, comprising a multipurpose hall, gymnasium, games room and lounge area.
On competition from other developers in Kwasa Damansara, group executive chairman Tan Sri Dr Lim Hock San said Sherwood Residence would differentiate itself through its low-density concept and residential offerings.
“There are one or two other developments in the surrounding area, but they offer different products.
“Competition may be there, but our development is different, as we are offering only 196 units in the first phase, comprising eight bungalows, 88 semi-detached homes and 100 superlink houses,” he told reporters at the exclusive media preview of The Reserva.
The Reserva is a premium freehold residential development spanning approximately 77.70 hectares, with an estimated gross development value (GDV) of RM8.3 billion.
The development comprises 11 residential parcels surrounding a 19.83-hectare forest park, offering a nature-focused living environment with access to urban amenities and connectivity.
Lim said The Reserva marks a significant milestone for LBS as the group continues to expand its portfolio of premium residential properties.
“We see great potential in this exceptional piece of freehold land in Kwasa Damansara, and through The Reserva, we aim to create more than just homes.
“We want to offer a living environment where residents can enjoy the tranquillity of nature, thoughtful home design and the convenience of urban connectivity,” he said.
In July 2025, LBS secured development rights from Kwasa Land Sdn Bhd to develop 11 parcels of freehold land in Kwasa Damansara.
The project is expected to comprise 2,922 residential units, including landed homes as well as low- and mid-rise condominiums, to be developed progressively over 14 years.
The Reserva is located within the wider Kwasa Damansara township, which features nine parks, 23.72 kilometres of cycling and walking trails, and land designated for 15 new schools.
The township also benefits from connectivity to the MRT Putrajaya and Kajang lines, as well as major roads and highways across the Klang Valley.