Park Regent wins Residential Development of the Year - Malaysia win at Real Estate Asia Awards 

Park Regent ‘by the water’, a model of high-rise living at its finest with equally impressive picturesque landscape.
 

Living up to its ‘by the water, in the park’ adage, Park Regent is designed for a higher quality of life to cater to the evolving needs of discerning empty nesters, expanding families and homeowners alike.

Park Regent provides buyers with a lush environment that is perfect for recharging and finding serenity within the bustling city. Each unit is purposefully designed for better living experience, as it marries breathtaking interiors, strong connectivity, complementing amenities, and picturesque views at Desa ParkCity and the Kuala Lumpur city skyline to create the finest lifestyle.

Sited on prime land in Desa ParkCity next to the serene Central Park and Lake, Park Regent is a joint-venture partnership between Desa ParkCity developer, ParkCity Group (ParkCity) and CapitaLand. Park Regent is comprised of two residential towers with only 505 freehold residential units ranging from one-bedroom to four-bedroom condos.

It boasts its concept of cascading towers, which add a certain rhythm to the otherwise rigid “tall buildings” structure. In turn, the cascading effect creates intimacy and gives a sense of enclosure at the same time, which defines the open spaces and frames the vista onto the lake.

One of the project’s edges is its decision to take advantage of the existing matured parkland surrounding its current site. Park Regent prioritises the preservation of its outdoor environment and promotes energy efficiency, whilst being mindful of its internal beautification in the process.

Park Regent also takes pride in its initiatives that focus on increasing the efficiency of resource use such as energy, water, and materials whilst reducing building impact on human health and the environment. Amongst such initiatives include Electric Vehicle charging stations and power points, face and vehicle plate recognition system, elevator regenerative drives, and automated timer for water features.

The residential development reflects ParkCity and CapitaLand’s commitment to creating differentiated products that raises the benchmark for residential properties in Kuala Lumpur. Launched in 2019, Park Regent is by far the most prestigious development in Desa ParkCity.

Moreover, it is able to secure a strong sale despite the current lull global market. Launched in August 2019 the take up rate for Park Regent is now at 92% and is slated for completion in 2023. Park Regent’s spacious, well-detailed homes that are complemented by its amenities and nearby views, also enables a diverse group of homeowners to meet their evolving needs in the residential development. With world-class facilities and amenities such as parks, nearby dining and retail outlets at The Waterfront neighbourhood mall and Plaza Arkadia, exclusive resident’s clubhouse at The ParkCity Club, ParkCity Medical Centre managed by Ramsay Sime Darby Hospital as well as international schools whereby homeowners of Park Regent will enjoy their everyday lives in this self-contained and mature township.

All these benchmarks made Park Regent prevail amongst residential developments to win Residential Development of the Year - Malaysia in the Development Awards category of the recently concluded Real Estate Asia (REA) Awards 2021. The prestigious event recognises the most innovative real estate developments in Asia Pacific that stand out in the market regardless of a challenging environment.

Park Regent’s development and completion marks another milestone in Desa ParkCity’s rise to become one of the best Masterplan Developments in Malaysia, if not the region. This is expected to raise the bar in high-rise residential living.

Beyond its distinctive architecture and unique layout, Park Regent’s developers actively sought to minimise the impact of the residential development on the environment through many efforts, which has allowed it to prosper since its launch.