Parkwood’s core businesses are in property development, investment and management 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 and management ventures. The unlocking of great potentials will be reciprocated by great returns, bringing new life for communities to savour and thrive in.
Backed by its past successes, Parkwood’s first major project is the Utamara Boutique Residences, an upmarket low-rise 5-storey residential development which is located in the heart of Bandar Utama, adjacent to an international school and multiple award-winning regional shopping centre.
Utamara, the low-density residences of only 82 units in 2 blocks, is yet another property masterpiece that further adds to Parkwood’s already packed stellar portfolio when it is completed by Q2 of 2022.
Utamara’s blueprint is set against a laidback, serene environment away from the hustle and bustle city, in line with Parkwood’s philosophy of propagating living life to its fullest.
Another development project of Parkwood in the pipeline is the proposed mixed development on a 3.55-acre commercial land situated in Damansara Damai. The development comes with limited retail lots on the ground floor and two blocks of serviced apartments on the top floor.
Scheduled to be launched in 2022, the said development is poised to cater for future living. The residential components, which feature two differentiated types of urban living together with numerous facilities being made available, offer various types of unit sizes with parking lots for every unit to suit each individual buyer’s unique preference.
Located in the heart of the prime Damansara Damai area, the area is integrated with major highways and directly connected to an existing MRT station within the vicinity. This station will also provide easy access to the up and coming new MRT 2 line.
Property Investment & Management
Avant Industrial Park
A Premier Parkwood Project
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, North and West Ports for shipping, four major airports namely Sultan Abdul Aziz Shah Airport, KLIA, KLIA2 and the LCCT and only 3km to the Federal Highway, 5km to the Kemuning-Shah Alam Highway and 8km to the Kesas Highway.
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.