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.

Property Type
Apartment
Land Tenure
Leasehold
Built-up
1,260 sf - 2,095 sf
Market Price
RM890,000 - RM1,530,000
Density
470 Units
Completed In
2011
Launch Price
About RM340 psf

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

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:

DateTypeBuilt-upPrice
TodayCondominium2,068 sfRM1,390,000
TodayCondominium2,068 sfRM1,400,000
31-Mar-20Condominium1,485 sfRM1,250,000
25-Mar-20Condominium2,068 sfRM1,490,000
14-Mar-20Condominium1,910 sfRM1,750,000
04-Mar-20Condominium2,068 sfRM1,400,000
04-Mar-20Condominium2,095 sfRM1,490,000
04-Mar-20Condominium1,260 sfRM900,000
04-Mar-20Condominium1,485 sfRM1,000,000
29-Jan-20Condominium1,910 sfRM1,420,000

Latest The Park Residences for rent listings:

DateTypeBuilt-upRental
21-Mar-20Condominium1,910 sfRM5,100
14-Mar-20Condominium1,910 sfRM5,000
09-Mar-20Condominium1,485 sfRM4,000
08-Mar-20Condominium2,970 sfRM6,500
08-Mar-20Condominium2,068 sfRM6,000
08-Mar-20Condominium1,485 sfRM4,000
08-Mar-20Condominium2,068 sfRM6,300
27-Feb-20Condominium1,910 sfRM5,100
02-Feb-20Condominium2,095 sfRM6,000
01-Feb-20Condominium1,906 sfRM5,000
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.