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
RM980,000 - RM2,180,000
Density
470 Units
Completed In
2011
Launch Price
About RM340 psf

This condominium 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 Centre.

Lastly, the metro transport stations here are LRT Kerinchi and LRT Universiti.

The current rental yield of The Park Residences is around 5.22%, compared to 4.71% a year ago in Q2 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 RM670 psf. For price wise, the most expensive one is 2-bedroom / 1,260 sf with a median price of RM780 psf; while the cheapest one is 4-bedroom / 3,413 sf with a median price of RM640 psf.

Latest The Park Residences for sale listings:

DateTypeBuilt-upPrice
TodayCondominium2,068 sfRM1,350,000
5 Jan 2022Condominium1,912 sfRM1,150,000
9 Dec 2021Condominium1,910 sfRM1,300,000
16 Dec 2021Condominium2,095 sfRM1,550,000
15 Dec 2021Condominium1,910 sfRM1,300,000
9 Dec 2021Condominium1,260 sfRM880,000
9 Dec 2021Condominium1,485 sfRM985,000
4 Dec 2021Condominium1,485 sfRM900,000
24 Nov 2021Condominium1,910 sfRM1,249,500
9 Nov 2021Condominium1,485 sfRM1,240,000

Latest The Park Residences for rent listings:

DateTypeBuilt-upRental
TodayCondominium2,068 sfRM5,500
TodayMaster Room-NA-RM1,550
TodayMedium Room-NA-RM900
16 Dec 2021Condominium1,480 sfRM4,500
11 Dec 2021Apartment Room-NA-RM890
15 Dec 2021Condominium1,910 sfRM4,000
30 Nov 2021Apartment Room-NA-RM1,250
7 Dec 2021Condominium2,095 sfRM5,300
16 Nov 2021Condominium2,068 sfRM6,000
25 Nov 2021Condominium1,910 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.