The Park Residences, Bangsar South
The Park Residences is a leasehold apartment located in Bangsar South, Pantai. It comprises Acacia and Begonia. There are 470 units available at this project with built-up from 1,260 sf to 2,095 sf. It was developed by UOA Development Bhd with a launch price at about RM340 psf, and was completed in around 2011.
UOA Development Bhd is a very large-scale property developer listed on Bursa Malaysia, and it has built about 54 property projects in Malaysia. Other similar projects by the same developer are Camellia Serviced Suites, Desa Green, Le Yuan Residence, Plaza Prima Setapak, Prima Midah Heights, Prima Setapak 2, Sentul Village, Setapak Green, South View and Southbank Residence.
This apartment has many amenities nearby, e.g. universities, schools, hospitals and metro transport stations. The following are some universities here:
- 1st Residential College Um
- 6th Residential College
- Anjung Penyayang Universiti Malaya
- Avicenna Residential College
- Kolej Kediaman Pertama Universiti Malaya
- Kursk State Medical University
- Universiti Malaya KL Gate
As for schools, there are SK Methodist, SMK Seri Pantai, Sri Dasmesh International School and Wesley Methodist School. There are also some hospitals here, such as Cengild G.I. Medical Centre (Cgi), Life Care Diagnostic Medical Centre and Yak Su Dang Chinese Medical Center.
Lastly, the metro transport stations here are LRT Kerinchi and LRT Universiti.
The current rental yield of The Park Residences is around 4.64%, compared to 4.05% 2 years ago in Q3 2018. The highest rental yield ever recorded was 7.57% in Q1 2011; while the lowest one was 3.9% in Q2 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at The Park Residences is 3-bedroom / 1,485 sf with a median price of RM770 psf. For price wise, the most expensive one is 3-bedroom / 1,485 sf with a median price of RM770 psf; while the cheapest one is 2-bedroom / 1,260 sf with a median price of RM710 psf.
Latest The Park Residences for sale listings:
Latest The Park Residences for rent listings: