The Park Residence, Tabuan Tranquility
The Park Residence is a leasehold condominium that is located in Tabuan Tranquility, Tabuan. There are 178 units available at this condominium with built-up from 1,015 sf to 6,796 sf. It was developed by Ibraco Bhd, and was completed in about 2020.
Ibraco Bhd is a medium-sized real estate company listed on KLSE, and it has constructed around 14 real estate projects in Malaysia. Other similar projects by the same developer are Avona Residence, Continew, Renna Residence, Stutong Heights, Stutong Heights 2 and Stutong Heights 3.
The only amenities nearby this condominium are some schools. Several of the schools here are SJK Chung Hua No.2, SMK Tabuan Jaya and Sekolah Sukan Negeri Tabuan Jaya.
The current rental yield of The Park Residence is around 5.32%, compared to 4.8% a year ago in Q4 2022. The highest rental yield ever recorded was 5.6% in Q2 2023; while the lowest one was 4.52% in Q1 2022. 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 Residence is 4-bedroom / 1,485 sf with a median price of RM530 psf. For price wise, the most expensive one is 3-bedroom / 1,015 sf with a median price of RM640 psf; while the cheapest one is 5-bedroom / 2,988 sf with a median price of RM470 psf.
Latest The Park Residence sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 24 Nov 2023 | Condominium | 1,466 sf | RM750,000 |
| 19 Nov 2023 | Condominium | 6,796 sf | RM3,999,999 |
| 9 Nov 2023 | Condominium | 1,547 sf | RM790,000 |
| 9 Nov 2023 | Condominium | 1,466 sf | RM750,000 |
| 28 Oct 2023 | Condominium | 10,503 sf | RM3,999,000 |
| 26 Oct 2023 | Condominium | 1,550 sf | RM800,000 |
| 5 Oct 2023 | Condominium | 1,485 sf | RM780,000 |
| 3 Oct 2023 | Condominium | 1,485 sf | RM790,000 |
| 3 Oct 2023 | Condominium | 1,485 sf | RM780,000 |
| 1 Oct 2023 | Condominium | 1,485 sf | RM800,000 |
Latest The Park Residence rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 16 Oct 2023 | Condominium | 1,500 sf | RM3,600 |
| 16 Oct 2023 | Condominium | 1,500 sf | RM3,600 |
| 2 Oct 2023 | Condominium | 1,485 sf | RM3,500 |
| 15 Sep 2023 | Condominium | 1,400 sf | RM3,300 |
| 12 Sep 2023 | Condominium | 1,490 sf | RM3,300 |
| 18 Aug 2023 | Condominium | 1,500 sf | RM3,500 |
| 17 Aug 2023 | Condominium | 1,050 sf | RM3,300 |
| 17 Aug 2023 | Condominium | 1,050 sf | RM3,300 |
| 9 Aug 2023 | Condominium | 1,485 sf | RM3,800 |
| 4 Aug 2023 | Condominium | 1,485 sf | RM3,500 |