B11 Parkland Residence, Batu 11 Cheras

B11 Parkland Residence is a freehold mixed condominium & retail development that is located in Batu 11 Cheras, Cheras South. There are 720 condominium units and 10 retail units available at this condominium with built-up from 550 sf to 927 sf for condominium units. It was developed by Parkland Group with a launch price at around RM500 psf for condominium units, and was completed in around 2022.

Parkland Group is a medium-sized real estate group, and it has constructed around 5 real estate projects in Malaysia. Other similar projects by the same developer are Dataran Satria, Taman Kluang Perdana, Taman Merlimau Emas and Taman Pandan Jaya.

Property Type
Mixed Condominium & Retail
Land Tenure
Freehold
Built-up
550 sf - 927 sf (Condominium)
Market Price
RM250,000 - RM570,000 (Condominium)
Total Units
720 Condominiums & 10 Retail Units
Completion Date
2022
Launch Price
RM500 psf (Condominium)

This mixed condominium & retail development has some amenities nearby, for example, schools and transit stations. The following are some of the major schools here:

As for transit stations, there are MRT Bandar Tun Hussein Onn and MRT Batu 11 Cheras.

The current rental yield of B11 Parkland Residence is 3.81% for condominium units. The highest rental yield ever recorded was 5.74% in Q4 2022 (condominium); while the lowest one was 3.81% in Q3 2023 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at B11 Parkland Residence for condominium units is 3-bedroom / 875 sf with a median price of RM630 psf. For price wise, the most expensive one is 3-bedroom / 875 sf with a median price of RM630 psf; while the cheapest one is 1-bedroom / 550 sf with a median price of RM450 psf.

Latest B11 Parkland Residence sale listings:

TarikhJenis HartanahBinaanHarga
7 Mar 2024Condominium704 sfRM390,000
16 Feb 2024Condominium875 sfRM588,888
16 Feb 2024Condominium875 sfRM568,000
5 Feb 2024Condominium875 sfRM550,000
3 Feb 2024Condominium875 sfRM550,000
24 Jan 2024Condominium718 sfRM390,000
23 Jan 2024Condominium875 sfRM518,000
4 Jan 2024Condominium875 sfRM548,000
4 Jan 2024Condominium875 sfRM520,000
2 Jan 2024Condominium875 sfRM550,000

Latest B11 Parkland Residence rental listings:

TarikhJenis HartanahBinaanSewaan
YesterdayCondominium700 sfRM1,900
1 Apr 2024Condominium875 sfRM2,100
1 Apr 2024Condominium704 sfRM1,900
2 Apr 2024Condominium550 sfRM1,100
29 Mar 2024Condominium704 sfRM1,900
15 Mar 2024Condominium550 sfRM1,500
13 Mar 2024Condominium875 sfRM2,000
10 Mar 2024Condominium704 sfRM1,900
20 Feb 2024Master Room-NA-RM950
17 Feb 2024Condominium200 sfRM780
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