# What your rent buys at K-Park Residence

> 2+1 and 3+1 homes of 1,200 to 1,500 square feet in a fourteen-floor building by Central Park, with a pool, gym, daycare and supermarket listed. No Binga rents yet; what to compare, and how to ask for a home here.

Source: Maldives Real Estate News, published by Binga Properties. URL: https://news.binga.mv/k-park-residence-what-your-rent-buys
Published: 2026-09-23T23:08:18.794Z · Updated: 2026-09-23T23:08:18.794Z · Event date: 2026-09-24

K-Park Residence has not yet appeared on Binga's rental list, so there is no rent from this building we can quote. What we can set out is what the building offers, what homes of this size cost across Greater Malé, and the questions a tenant should ask when a K-Park flat comes up.

## The homes

The catalogue describes 110 apartments across fourteen floors in a single block, in two layouts: 2+1 and 3+1, from 1,200 to 1,500 square feet. The "+1" is an additional room beyond the bedrooms, which a household can use for live-in help, a study or storage. At these sizes, a 2+1 is a comfortable home for a couple or a small family; a 3+1 suits a larger family or colleagues sharing.

The catalogue does not say how the homes are finished or furnished. That will depend on each owner. In Greater Malé, fully furnished homes command the highest rent and suit short placements and new arrivals; semi-furnished and unfurnished homes are cheaper and suit long family tenancies. Ask which tier a K-Park home is before comparing its rent with another.

## The building

The developer lists a swimming pool, a gym, a café, a supermarket, a children's play area, a garden, a lobby, visitor parking, residents' parking, a garbage chute and 24/7 security. The catalogue description adds a daycare and retail spaces. The building is described as next to Central Park. The catalogue does not record the developer's name or whether the building has backup power, so we do not state either.

## What to compare

Binga's rent guide gives the bands the concierges quote across Greater Malé: one- to four-bedroom homes from roughly MVR 15,000 up to MVR 55,000 and beyond for executive and new-build premium units, which are often quoted in US dollars. A new-build with a lift, parking and a management company prices differently from a walk-up of the same size. K-Park, with its amenities, sits in the new-build part of that range. Where exactly depends on furnishing, floor and whether the home faces the park.

When a home here is offered, the useful comparison is with other Hulhumalé buildings near Central Park with the same layout and furnishing. The concierge will put them side by side.

## Questions to ask at a viewing

- Which way does the home face, and can you see the park?
- Is a parking space included, or leased separately?
- Is the daycare operating, and what does it charge?
- What does the service charge cover, and who pays it?
- What furniture and appliances are included? Get the inventory in writing.

## Renting through Binga

Fill in the tenant brief at [concierge.binga.mv/tenants](https://concierge.binga.mv/tenants), or message the concierge on WhatsApp at +960 778-3395. Name K-Park as your preferred building and give the layout, budget and move date. A concierge will look for a home there, shortlist comparable homes near Central Park in the meantime, and arrange viewings. Every home Binga introduces has been inspected and the owner verified; the agreement is with the owner.

## Sources
- Binga catalogue record for K-Park Residence (description, content; 14 floors, 110 homes, layouts, facilities), including the developer's published description (https://concierge.binga.mv/projects/k-park-residence)
- Earlier reporting by the desk

Binga Properties is a real-estate concierge; it may represent homes and developments mentioned here.