“FY29 will be more meaningful in terms of contribution from the industrial park,” Low says. Initially, industrial development is expected to account for about 10% of earnings. “Our bread and butter residential development component will still hold at least 50% to 60%,” Low said. So it will not slow down for the next 15 months.”Despite the industrial push, L&G continues to deepen its residential pipeline. L&G also operates private and international schools under the Bestari brand in Sri Damansara, contributing about 15% of group revenue.

Source: The Star February 19, 2026 05:04 UTC