LGB Group's wide reach extends to the property development and investment field, and has resulted in distinctive developments, completed and conceptualised in Malaysia and across the world. From our flagship commercial and residential development in Taman Tun Dr. Ismail, Kuala Lumpur - Menara LGB and The Greens, to our prestigious mix-used development - Lancer Square in London, we strive to create living communities that connect with the affluent neighbourhoods surrounding them.
Menara LGB is part of an integrated lifestyle development comprising retail, office and residential amenities and services. It offers a holistic business environment that combines vitality, dynamism and balance. Recently bagging the FIABCI Malaysia Property AwardTM 2016 - Office Category, Menara LGB - led by Bellworth Developments Sdn. Bhd. - is also a Grade "A" office tower with MSC status, which was designed to comply with Singapore's Building & Contraction Authority (BCA) Green Mark (Gold Accreditation) and Malaysia's Green Building Index (GBI) Certification. With a total Net Lettable Area (NLA) of approximately 400,000 sq. ft., Menara LGB presents flexible and modular office layouts, ranging from 2,000 to 14,000 sq. ft. to cater to multi-tenant requirements. It also includes 5-storeys of basement parking and 2 annexes of Food and Beverages, including a boutique food court and bistro, and a link bridge connecting to the retail aspect of Menara LGB’s residential component - The Greens Service Apartment.
The Greens, is located adjacent to Menara LGB and is a freehold luxury condominium that comprises 163 units. Strategically overlooking 900 acres of lush greenery, including Bukit Kiara Park, Bukit Kiara Hills and Forest Reserve, Bukit Kiara Equestrian Club, KLGCC, KGPA and Royal Selangor Club, The Greens is also set against the backdrop of the iconic Petronas Twin Towers and KL city skyline.
One of LGB’s most recent investment is the British American Tobacco (“BAT”) Land that comprises of two adjoining parcels of land erected upon with several buildings, currently serving as a tobacco product manufacturing facility. With a total building area of 664,269 sq.ft., this strategically located development enjoys dual frontages onto Jalan Semangat, Petaling Jaya, Selangor Darul Ehsan. This Mixed Commercial Development with a Gross Development Value (“GDV”) of RM 2.3billion covers an area of 13.1 acres, and is currently at the completion stage of the transaction.
Parkwood Developments Sdn Bhd (Parkwood) is a wholly-owned subsidiary of Amalgamated Industrial Steel Berhad (AISB), a public listed company on the Main Market of Bursa Securities with its core business in the trading of steel related products, property development and property investment. Parkwood was established as the property arm of AISB to capitalise on the opportunities in the property sector by harnessing the capabilities and expertise of its team of senior management and directors who had successfully spearheaded a host of property development and investment projects locally and overseas under the LGB Group.
Parkwood aims to position itself as an innovative and sustainable boutique developer that produces top-of-the-line residential, commercial, mixed-use and industrial properties with uncompromised quality. Parkwood’s current development, the Utamara Residences is an up-market low-rise residential development. Located in the heart of Petaling Jaya, it is another property masterpiece that adds to the company’s already stellar portfolio.
In a similar vein, AISB has drawn on the same experiences to venture into property investment. Avant Industrial Park is a 11.48-acre industrial development which is located in the key industrial area of Seksyen 15, Shah Alam. This entire re-development project has turned a steel manufacturing plant into warehouses as future investment properties for recurring incomes in the advantageous location of Shah Alam.