The Park Residences, Bangsar South

The Park Residences is a leasehold condominium 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 3,413 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 57 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, Sentul Village, Setapak Green, South Link, South View and Southbank Residence.

Property Type
Condominium
Land Tenure
Leasehold
Built-up
1,260 sf - 3,413 sf
Market Price
RM950,000 - RM2,010,000
Density
470 Units
Completed In
2011
Launch Price
About RM340 psf

This condominium has many amenities nearby, e.g. universities, schools, hospitals and transit stations. The following are some universities here:

As for schools, there are Main Gate • Pintu Masuk, SK Methodist and SMK Seri Pantai. There are also some hospitals here, such as Cengild G.I. Medical Centre (CGI) and Lifecare Diagnostic Medical Centre.

Lastly, the transit stations here are LRT Kerinchi and LRT Universiti.

The current rental yield of The Park Residences is around 5.04%, compared to 4.4% 2 years ago in Q3 2020. The highest rental yield ever recorded was 6.46% in Q2 2013; while the lowest one was 4.04% in Q4 2013. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Park Residences is 3-bedroom / 1,485 sf with a median price of RM660 psf. For price wise, the most expensive one is 2-bedroom / 1,260 sf with a median price of RM750 psf; while the cheapest one is 4-bedroom / 3,413 sf with a median price of RM590 psf.

Latest The Park Residences for sale listings:

DateTypeBuilt-upPrice
22 Sep 2022Condominium1,485 sfRM900,000
9 Sep 2022Condominium2,068 sfRM1,280,000
29 Jun 2022Condominium2,068 sfRM1,280,000
30 May 2022Condominium1,910 sfRM1,300,000
8 Mar 2022Condominium1,910 sfRM931,000
8 Mar 2022Condominium1,912 sfRM931,500
8 Mar 2022Apartment1,912 sfRM931,500
25 Feb 2022Apartment1,912 sfRM932,000
17 Feb 2022Condominium1,912 sfRM1,035,000
15 Feb 2022Condominium1,912 sfRM1,035,000

Latest The Park Residences for rent listings:

DateTypeBuilt-upRental
11 Sep 2022Condominium2,868 sfRM6,500
9 Sep 2022Apartment Room-NA-RM1,250
9 Sep 2022Master Room-NA-RM1,550
30 Aug 2022Condominium2,068 sfRM5,500
23 Jan 2022Condominium2,068 sfRM5,180
11 Dec 2021Apartment Room-NA-RM890
17 Dec 2021Condominium1,910 sfRM4,500
16 Dec 2021Condominium1,480 sfRM4,500
15 Dec 2021Condominium1,910 sfRM4,000
7 Dec 2021Condominium1,485 sfRM4,300
1 user comments on The Park Residences
Julianna
26 Aug 2019 @ 2:19 PM

Nice place to live in, good security, but parking might be a little confusing for visitors.