News by City

The Central Lake is one of Park Regent’s main pull factors and the key design objective of this project is to bring nature into every strata of the development, starting from the ground, all the way to the roof. It is like living in a bungalow in the sky yet close to nature

All the development components are the results of well-thought planning by the developer, with the objective of integrating every element to deliver convenience at your doorstep.

The landscaping of Park Place will be like no other. Approximately over 70,000 sq ft of space will be purposefully allocated for green spaces — just imagine coming home to a “matured forest” complete with natural green canopies paired with an inviting ground cover!

Park Place sits on 4.55 acres of freehold land at the upcoming ParkCity TownCenter @ Desa ParkCity. When completed in 2024, it will stand 54 storeys tall with a total of 537 units spread over a collection of three elegantly proportioned towers in one block.

Park Regent comes in two residential towers, with each tower having tiered design with the highest tier ending at the 55th floor. The condos come in various layouts with built-ups ranging from 872 sq ft to 4,887 sq ft and with an average selling price of RM1,100 psf.

Through stringent resolution over the years, ParkCity has created such a successful master-planned community that it has drawn study groups ranging from the real estate fraternity to Kuala Lumpur City Hall and even foreign delegates.

Kenanga Investment Bank Bhd believes the property sector is bottoming out but still lacks strong catalysts. The bank is advising investors to be selective in their investments, says head of equity research Sarah Lim.

Despite its subdued performance last year, the Klang Valley property market seems to be picking up momentum this year with encouraging take-up rates observed in the first two months, especially after the Chinese New Year, says Zerin Properties CEO Previndran Singhe.

The Malaysian property market has gone through a difficult patch and while no one can predict the future accurately, 2017 is not expected to be rosy either. Thus, it is imperative that decisions are made based on due diligence and careful study of the property market, say local property experts. But as the saying goes, every cloud has a silver lining. Find out what the real estate industry has to say about the year that has passed and what areas investors and homebuyers need to look at this year.

The year has been a mixed bag for the global property markets; some have performed fairly well while some, like in Malaysia, are wishing for better days ahead.