Our Business

Parkwood’s core businesses are in property development and investment following the divestment of its steel business due to the volatile nature of the steel business. The divestment concurrently allows Parkwood to centre its attention on the property sector, fully capitalising on the ample opportunities that surface within the sector by harnessing the capabilities and expertise of its senior management team. This group of talented employees’ track record speaks for itself, with a string of successfully implemented property related projects both locally and overseas under the LGB Group, such as but not limited to, The Greens, the well-known luxury condominium development in Taman Tun Dr Ismail, Kuala Lumpur and Menara LGB, which is the adjacent Grade ‘A’ office tower block. These two projects received the prestigious FIABCI Malaysia Property Award in 2018 under the residential category and in 2016 under the office category respectively.

On the international front, the Lancer Square project’s name is entrenched in Parkwood’s CV. Residing right between Kensington Gardens and Holland Park in London, residents wake up in the morning greeted by the sights of the historical Kensington Palace and Kensington Gardens which are literally a stone’s throw away. Lancer Square, a prestigious development of boutique apartments and penthouses, comes with the oligarch postcode of W8, one of the 6 most sought-after postcodes in London.

Parkwood’s success momentum is not only expected to be maintained but accelerate further in its journey of firming its position as a formidable player in the property sector in delivering well-conceived top-of-the-line residential, commercial, mixed-use and industrial properties, on top of other opportunistic investments ventures. The unlocking of great potentials will be reciprocated by great returns, bringing new life for communities to savour and thrive in.

Up view in financial district, Manhattan, New York

Property Development & Investment

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MALAYSIA PROPERTY AWARD™ 2025

PAM AWARD GOLD 2025

MLAA16 Honour Award 2026

Building on a legacy of excellence, Utamara Boutique Residences is Parkwood’s signature low-rise development in the heart of Bandar Utama, adjacent to multiple international schools and award-winning regional shopping centres.

Comprising only 82 thoughtfully designed units across two elegant 5-storey blocks, Utamara offers an exclusive low-density living experience that defines refined residential luxury. Completed in Q3 2023, Utamara adds to Parkwood’s distinguished portfolio of exceptional developments and has garnered multiple prestigious industry accolades, including the Malaysia Property Award 2025 in the Housing Residential Low-Rise Category, the PAM Award Gold 2025 for Category 2 Multiple Residential Low Rise, and the MLAA16 Honour Award 2026 under Professional Category I1A – Landscape Design Awards (Malaysia). These recognitions further cement Utamara’s status as a landmark residential development in Malaysia’s property landscape.

Utamara is set within a serene, laidback enclave, away from the city’s hustle and bustle, capturing the essence of Parkwood’s vision for living life to its fullest.

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Another Parkwood’s esteemed premier investment is the Avant Industrial Park. It is with such profound understanding this industrial space has been crafted to bring a strong sense of flexibility and practicality. Avant embodies more than just its specifications. Besides its comprehensive offerings and innovative features, this address instils nothing but prestige thanks to its placement amidst big industry names, while its versatile spaces ensure a diverse business network in the area. It is ideally located in the midst of a web of transportation networking, near to Port Klang for shipping, three major airports namely Sultan Abdul Aziz Shah Airport, KLIA, KLIA2 and only 3km to the Federal Highway, 5km to the Kemuning-Shah Alam Highway and 8km to the Kesas Highway.

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Coming Soon

Another upcoming development by Parkwood is a proposed mixed-use development set on a 3.55-acre site adjacent to Bandar Sri Damansara. Planned to meet the evolving needs of modern urban living, the development will feature two towers of serviced residences complemented by retail lots at the ground level.

Targeted for launch in 2027, the development enjoys a strategic location with excellent connectivity via major highways and is within walking distance to the existing Damansara Damai MRT Station, providing convenient access throughout the Klang Valley.

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Coming Soon

An upcoming residential development in Rawang, planned on approximately 32.88 acres of freehold land, is designed to meet the growing housing needs of the surrounding community while delivering long-term value within an emerging growth corridor.

Targeted for launch in 2028, the development will comprise thoughtfully designed landed strata homes complemented by clubhouse facilities and lifestyle amenities, creating a balanced and family-friendly living environment.

Located just 14km from Kuala Lumpur, the development offers residents the convenience of city accessibility while enjoying the comfort and tranquility of a serene township setting.

Project Management

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Coming Soon

West End is an upcoming freehold mixed-use development in Petaling Jaya spanning approximately 6.09 acres. Strategically located within a mature urban enclave, the development offers excellent connectivity to major highways, established amenities, and surrounding lifestyle destinations.

Launching in Q4 2026, Highstreet @ West End marks the first phase of the development, featuring only 16 exclusive four-storey shop offices complete with private lifts and basement parking. Positioned as one of the last limited freehold commercial offerings in Petaling Jaya, Highstreet @ West End is designed for modern retail, dining, and lifestyle businesses, offering strong visibility, convenience, and long-term investment value within a prime city location.

Parkwood U-Thant

Coming Soon

Exciting times are ahead for the re-development of the strategically located Villa Bolton along Jalan Taman U-Thant into a sophisticated opulent condominium complex in the near future (“the proposed Project”). The developer, Triangle Asia Sdn Bhd, has appointed Parkwood Holdings Berhad as the Development Manager for the proposed Project. Poised to be a branded residential development in collaboration with an international brand partner, the proposed Project is strategically located on a 0.66-acre land in a prime and exclusive area off the main Jalan U-Thant, Kuala Lumpur, a stone’s throw from KLCC, foreign embassies and Royal Selangor Golf Club. On the drawing board are plans for this exciting masterpiece to be crafted into a spectacular, low-density private and luxurious complex of condominiums and penthouses. The architecture design will promote a contemporary ‘green’ living lifestyle in keeping with the serene Taman U-Thant’s surrounds. 

Residents can look forward to a home with thoughtful design, emphasising on natural lighting and ventilation, premium finishing and contemporary interior fit-outs – a complete masterpiece in luxury modern living in a most beautiful area of Kuala Lumpur.

Business Opportunities

Not one to be resting on its laurels and gloating on past successes, in further complementing its property business activities, Parkwood is always on the lookout for more landbank and properties for expansion to enhance growth and sustainability.