What Bellworth Developments does

Bellworth Developments Sdn Bhd is a Kuala Lumpur-based boutique property developer and member of the diversified LGB Group, operating since 2008 across Malaysia and the United Kingdom. The company's core business is sustainable luxury real estate development across three revenue streams: one-time residential sales (e.g., The Greens Residences — 163 fully sold units across two 27-storey towers), recurring Grade A commercial office leasing (Menara LGB — 414,119 sq ft; Lancer Square office — 47,155 sq ft), and recurring retail leasing (Greens Terrace — 20,648 sq ft; Lancer Square retail — 14,075 sq ft). Pricing for residential units spans four tiers from below RM400K to above RM1M, targeting high-net-worth buyers and first-time home buyers via an enquiry-form-driven sales gallery at Taman Tun Dr Ismail.

The company's competitive positioning rests on sustainability credentials (Green Building Index certification, BCA Green Mark Gold Award, MSC Malaysia Cybercentre Status) and internationally recognized design awards (FIABCI World Prix d'Excellence 2019 Silver, FIABCI Malaysia 2016/2018, EdgeProp 2021). Its underlying 'technology' is conventional real estate development rather than proprietary software or AI; differentiated expertise lies in green building design, mixed-use placemaking, and adaptive reuse (e.g., Factory 19 converting former British American Tobacco land).

The go-to-market motion is enterprise field sales through a single physical sales gallery in TTDI, complemented by digital enquiry systems on bellworth.com.my and a dedicated microsite lancersquare.co.uk for the London project. Customer segments include high-net-worth residential buyers, corporate office tenants, and curated retail/F&B operators (Kenny Hills Bakers, LVMH Beauty UK, Bayley & Sage, Krokodilos, among others). Upcoming pipeline — Factory 19, Section 19 (8.77 acres), and Subang Jaya Development — signals ongoing expansion of footprint and project scale through 2026.

Name

Bellworth Developments

Legal name

Bellworth Developments Sdn Bhd

Website

https://bellworth.com.my

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Bellworth Developments is a Kuala Lumpur-based boutique property developer and member of LGB Group, building sustainable luxury residential, Grade A office, and mixed-use retail developments across Malaysia and London. It serves high-net-worth buyers, corporate tenants, and curated retail/F&B operators.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Sustainable property development
• Grade A office leasing
• Luxury residential development
• Mixed-use real estate
• Green building developments

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Marketing or Sales

Revenue model

1. Property Sales - Residential: Revenue from sale of residential units. The Greens Residences (163 fully sold units across two towers) and Lancer Square (36 luxury apartments) demonstrate residential sales operations.
2. Commercial Office Leasing: Rental income from Grade A office spaces. Menara LGB offers 414,119 sq ft of nett lettable area. Lancer Square offers 47,155 sq ft of prestigious office space across a 5-story block.
3. Retail Space Leasing: Rental income from retail tenants. Greens Terrace features 20,648 sq ft with six unique units. Lancer Square features 14,075 sq ft of prime retail space.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Bellworth Developments Sdn Bhd is a Malaysia-based property developer that designs, builds, sells and leases premium residential, commercial office, and retail real estate assets as part of the LGB Group. Its portfolio includes the completed Menara LGB Grade A office tower, The Greens Residences luxury residential development, Greens Terrace retail annex, and Lancer Square mixed-use development in Kensington, London, with upcoming projects Factory 19, Section 19 and Subang Jaya in the pipeline.

Product overview

Bellworth Developments is a trusted property developer that creates niche developments anticipating market trends and catering to evolving needs. The company's portfolio includes completed projects such as Menara LGB (Award-Winning Grade 'A' corporate offices in Kuala Lumpur), The Greens Residences (sustainable luxury residential towers), Greens Terrace (retail annex), and Lancer Square (mixed-use development in Kensington, London). Upcoming projects include Factory 19 and Section 19 in Petaling Jaya, and a new development in Subang Jaya. As a member of the LGB Group, operations span property development, construction, infrastructure, manufacturing and investment.

Differentiator

Problem solved

Functional benefit

Products and services

• Menara LGB Award-winning Grade 'A' corporate office building completed in 2013, offering 414,119 sq ft nett lettable area of technologically advanced, spacious and efficient office space complemented by diverse dining, retail and entertainment options, targeted at corporate tenants seeking a prime Kuala Lumpur corporate address.
• The Greens Residences Sustainable luxury residential development completed in 2016 featuring two 27-storey towers with 163 fully sold units, compliant with Green Building Index standards, offering panoramic views, al fresco living concept, and proximity to KLGCC and Bukit Kiara Forest Reserve, targeted at high-net-worth residential buyers.
• Greens Terrace Retail annex of The Greens completed in 2016, offering 20,648 sq ft of curated dining and lifestyle experiences across six unique units, with tenants including Kenny Hills Bakers, Tsujiki Sushi, Peko Peko, La Moon Thai and Flow Studio, targeted at retail and F&B operators.
• Lancer Square Award-winning 1.05-acre mixed-use development in Kensington, London spanning 212,000 sq ft, comprising 36 luxury apartments with amenities (gym, swimming pool, spa club, private parking), 47,155 sq ft of prestigious office space, and 14,075 sq ft of prime retail space around a landscaped courtyard garden, targeted at luxury residential buyers, corporate office tenants, and premium retail operators.

Quantifiable outcome

• Menara LGB achieved FIABCI Malaysia Property Award 2016 (Office category)
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• LGB GroupcoreOthersBellworth Developments is a member company of LGB Group. LGB Group encompasses diverse operations spanning property development, construction, infrastructure, manufacturing and investment. LGB Group provides corporate governance, brand affiliation, and operational support to Bellworth.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Sime Darby Property Berhad: Major Malaysian developer with township and integrated developments across Klang Valley. Comparable to Bellworth's scale of operations and focus on master-planned communities with mixed commercial-residential components.
• SP Setia Berhad: One of Malaysia's largest listed developers with flagship integrated townships across the country. Larger and broader than Bellworth but relevant due to overlapping focus on sustainability certifications, premium positioning, and integrated commercial/residential communities.
• IOI Properties Group Berhad: Malaysian developer with residential, commercial, and integrated developments in Klang Valley and internationally. Comparable in mixed-use development approach and presence of commercial leasing revenue streams alongside residential sales.
• Sunway Berhad: Diversified Malaysian conglomerate with significant property development arm including integrated townships and commercial assets. Relevant due to its integrated business model spanning construction, property, and investment—similar to Bellworth's LGB Group affiliation.

Direct peers

• Mah Sing Group Berhad: Mid-cap Malaysian developer focused on residential and commercial properties in Klang Valley and Greater KL. Comparable to Bellworth in scale, product mix (high-rise residential, integrated commercial), and target demographics of middle-to-upper income buyers.
• UEM Sunrise Berhad: Malaysian developer with mixed residential, commercial, and integrated developments across Klang Valley and Iskandar Malaysia. Comparable in scope of mixed-use developments and emphasis on sustainable township planning.
• Berkeley Group Holdings plc: UK-focused residential developer with significant London prime and regeneration portfolio. Directly comparable to Bellworth's Lancer Square operations and demonstrates the premium London development model Bellworth has entered.
• Gamuda Land: Malaysian developer with focus on integrated townships and master-planned communities, including international ventures (Vietnam, Australia, Singapore). Comparable to Bellworth in international expansion strategy and integrated development approach.
• Eco World Development Group Berhad: Malaysian property developer with strong sustainability focus and premium positioning across Klang Valley. Most directly comparable to Bellworth due to overlapping green building emphasis, mixed-use township developments, and target affluent buyer segments.

Regional players

• Barratt Developments plc: Major UK residential developer focused on new-build housing across UK regions. Relevant as a regional developer benchmark for Bellworth's UK market exposure, though operating at much larger scale than Bellworth's Lancer Square asset.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bellworth-developments-sdn-bhd

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bellworth Developments