Park Regent Desa ParkCity Wins Two Awards at EPEA 2026

Park Regent at Desa ParkCity has received two major honours at the EdgeProp Singapore Excellence Awards (EPEA) 2026, recognising the completed freehold residential development for its luxury positioning, architectural design and integration with the surrounding lakeside environment.

The 505-unit development, jointly developed by Malaysia’s ParkCity Group and Singapore’s CapitaLand Development, was named Top Development (Central Malaysia) and Top Luxury Development (Central Malaysia) in the high-rise residential category.

Located beside Central Lake and The Central Park within the 473-acre Desa ParkCity township in Kuala Lumpur, Park Regent was completed in 2023 and carries an estimated gross development value of RM1.08 billion.

ParkCity and CapitaLand’s First Joint Residential Development

Park Regent occupies approximately 5.6 acres within Desa ParkCity, overlooking the township’s Central Lake and landscaped public park.

The project marked the first residential joint venture between ParkCity Group and CapitaLand, combining the Malaysian developer’s township planning experience with its Singapore partner’s residential development expertise.

Launched in July 2019 at an average price of approximately RM1,100 per sq ft, Park Regent offered 505 residences across two towers, with built-up areas ranging from 872 to 4,887 sq ft.

The development provides six residential layout categories, accommodating households ranging from individuals and couples to families seeking substantially larger homes.

According to ParkCity Group, approximately 70% of the units were taken up during its two-day priority sales period, with the remaining units sold during construction.

The project reached completion in September 2023, with vacant possession delivered later that year.

Unlike new launches where buyers must rely heavily on architectural renderings and projected completion schedules, Park Regent can now be assessed as an operating residential development with an established resale market.

Architecture Designed Around Privacy and Lake Views

Park Regent’s architectural design was developed by London-based Serie Architects in collaboration with Singapore’s Multiply Architects.

The two towers rise to approximately 53 storeys, with cascading building forms designed to frame the surrounding park and lake.

Rather than adopting lengthy shared residential corridors, the towers use a configuration in which pairs of residences share a lift core and private lobby.

This arrangement creates a greater degree of separation between neighbouring households while maintaining practical access to individual homes.

The apartments are planned with wide frontages to improve daylight penetration, cross-ventilation and views of the surrounding landscape.

Larger residences feature substantial balconies, with selected outdoor spaces extending up to three metres deep.

These areas are intended to function as genuine extensions of the interior living space rather than narrow decorative balconies.

The result is a residential concept closer to what the developer describes as bungalows in the sky, emphasising privacy, usable floor area and connections to outdoor surroundings.

For buyers prioritising family occupation, these design considerations may carry more practical value than extensive shared facilities alone.

Landscaped Facilities and Sustainability Features

A defining characteristic of Park Regent is the integration of greenery throughout the development.

Approximately 55% of the site is devoted to landscaping, with the design incorporating open lawns, garden terraces and landscaped communal areas.

Before construction, the project team identified 82.9% of the existing trees for preservation or transplantation, allowing mature vegetation to be incorporated into the completed environment.

The facilities podium is designed to resemble a landscaped hill descending towards the lake, concealing much of the car park structure.

At Level 3A, residents have access to an infinity pool connected visually to a planted bio-pond, alongside other recreational facilities.

The development also incorporates sustainability measures including rooftop solar panels, rainwater harvesting and electric vehicle charging infrastructure.

According to the developer, the 42.9kWp solar installation generates approximately 53,000kWh annually for common-area use, while rainwater harvesting reduces potable water consumption for landscaping.

Park Regent has received Green Building Index certification and achieved a building quality assessment score of 85.5.

These features support the project’s environmental positioning, although buyers should also consider actual maintenance expenditure and long-term management performance.

Developer Reports 40% to 50% Resale Appreciation

One of the more commercially significant disclosures concerns Park Regent’s performance after completion.

According to ParkCity Group, resale prices have appreciated by approximately 40% to 50% compared with the original launch period, while rental yields range from 5% to 6%.

These figures suggest that selected units have benefited from the development’s established lakeside location and premium residential positioning.

However, the reported appreciation and rental yields are developer-provided figures rather than independently verified returns applicable to every owner.

Actual results can vary according to unit size, floor level, view orientation, original purchase price and transaction timing.

Rental yields must also be distinguished between gross and net returns, particularly after maintenance charges, vacancy periods, furnishing costs and other ownership expenses.

For prospective buyers, recent completed resale transactions provide a more useful pricing reference than historical launch prices alone.

What Park Regent Means for Desa ParkCity Buyers

Park Regent occupies a distinctive position within Desa ParkCity because of its direct relationship with the central lake, residential layouts and mature surrounding amenities.

The township already provides parks, retail facilities, dining options, education and established residential communities.

This reduces the uncertainty associated with developments where essential neighbourhood infrastructure remains dependent on future construction.

However, Desa ParkCity continues to introduce new residential projects, including ParkCity Residences, a planned 433-unit freehold development across two towers.

Future buyers should therefore compare Park Regent against both existing resale properties and upcoming alternatives in the township.

Factors such as view protection, layout efficiency, maintenance charges, building condition and actual recent transactions will remain important in determining relative value.

Park Regent’s Recognition Reflects More Than Architectural Design

Park Regent’s two EPEA 2026 awards add to the recognition of a completed residential development that combines architectural design, landscaping and established township amenities.

Its reported resale performance provides additional market interest, although individual investment outcomes must still be evaluated against verified transactions and ownership costs.

For prospective purchasers, the project’s strongest differentiators remain its lakefront setting, residential privacy, larger layouts and integration with Desa ParkCity’s existing community.

The long-term test for Park Regent will be whether its management standards, physical condition and resale demand remain competitive as more premium residences enter Desa ParkCity.