Pangsapuri I-Park, Taman Sri Bayan, Sungai Ara

Pangsapuri I-Park (also known as I-Park Apartment) is a freehold low-cost flat that is located in Taman Sri Bayan, Sungai Ara. There are 434 units available at this flat with built-up from 650 sf to 667 sf. It was developed by Ideal Property Group, and was completed around 2014.

Ideal Property Group is a big property development group, and it has developed about 38 property projects in Malaysia. Other similar projects by the same developer are Pangsapuri Idaman Prestij and Pangsapuri Idaman Selasih.

Property Type
Low-Cost Flat
Land Tenure
650 sf - 667 sf
Market Price
RM220,000 - RM250,000
Total Units
434 Units
Completion Date
Launch Price

The only amenities nearby this low-cost flat are some schools. Few of the schools here include Madrasah Tahfiz Darus Sa'adah and SK Mutiara Perdana.

The current rental yield of Pangsapuri I-Park is around 4.36%, compared to 3.36% a year ago in Q2 2022. The highest rental yield ever recorded was 5.6% in Q4 2017; while the lowest one was 3.24% in Q1 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Pangsapuri I-Park is 3-bedroom / 650 sf with a median price of RM340 psf. For price wise, the most expensive one is Studio / 667 sf with a median price of RM370 psf; while the cheapest one is 3-bedroom / 650 sf with a median price of RM340 psf.

Latest Pangsapuri I-Park sale listings:

DateProperty TypeBuilt-upPrice
10 Nov 2023Low-Cost Flat667 sfRM250,000
10 Nov 2023Low-Cost Flat650 sfRM199,000
9 Nov 2023Low-Cost Flat650 sfRM195,000
9 Nov 2023Low-Cost Flat650 sfRM215,000
28 Oct 2023Low-Cost Flat650 sfRM215,000
25 Oct 2023Low-Cost Flat677 sfRM200,000
20 Oct 2023Condominium650 sfRM220,000
13 Oct 2023Low-Cost Flat650 sfRM220,000
13 Oct 2023Low-Cost Flat650 sfRM220,000
13 Oct 2023Low-Cost Flat667 sfRM240,000

Latest Pangsapuri I-Park rental listings:

DateProperty TypeBuilt-upRental
10 Nov 2023Low-Cost Flat650 sfRM800
13 Sep 2023Low-Cost Flat650 sfRM750
12 Sep 2023Low-Cost Flat650 sfRM700
18 Jun 2023Low-Cost Flat650 sfRM800
20 Apr 2023Low-Cost Flat650 sfRM900
9 Mar 2023Low-Cost Flat667 sfRM900
23 Feb 2023Low-Cost Flat667 sfRM1,200
2 Feb 2023Apartment Room-NA-RM280
20 Jan 2023Low-Cost Flat680 sfRM900
19 Jan 2023Low-Cost Flat680 sfRM900
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