The One, Bayan Baru

The One (also known as Terrace Plus) is a leasehold mixed commercial & residential park located in Bayan Baru, Bayan Lepas. It comprises 1-Sky, 1-World and Terrace Plus. The built-up available at this project is 1,160 sf to 1,650 sf for condominium units, 2,618 sf for offices and 1,030 sf to 2,205 sf for shop-offices. It was developed by Ideal Property Group, and was completed around 2012.

Ideal Property Group is a big property development group, and it has developed about 31 property projects in Malaysia. Other similar projects by the same developer are Fiera Vista, ForestVille, Ideal Vision Park, Imperial Residences, One Foresta, One Imperial, One Residence, Solaria Residences, Tree Sparina and i-Santorini.

Property Type
Mixed Commercial & Residential
Land Tenure
Leasehold
Built-up
1,160 sf - 1,650 sf (Condominium)
2,618 sf (Office)
1,030 sf - 2,205 sf (Shop-Office)
Market Price
RM500,000 - RM740,000 (Condominium)
RM990,000 (Office)
RM1,050,000 - RM1,500,000 (Shop-Office)
Density
-NA-
Completed In
2012
Launch Price
-NA-

This mixed commercial & residential park has many amenities nearby, i.e. hospitals, schools and universities. The following are some of the main hospitals here:

The current rental yield of The One is 3.64% for condominium units and 4.03% for shop-offices. The highest rental yield ever recorded was 4.41% in Q4 2012 (condominium) and 4.03% in Q1 2021 (shop-office); while the lowest one was 2.62% in Q4 2017 (condominium) and 2.94% in Q4 2020 (shop-office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at The One for condominium units is 3-bedroom / 1,450 sf with a median price of RM400 psf. For price wise, the most expensive one is 4-bedroom / 1,460 sf with a median price of RM510 psf; while the cheapest one is 3-bedroom / 1,450 sf with a median price of RM400 psf.

Office Layouts

Meanwhile, the most popular layout and size (built-up) combination at The One for offices is 2,618 sf with a median price of RM380 psf. For price wise, the most expensive one is 2,618 sf with a median price of RM380 psf; while the cheapest one is 2,618 sf with a median price of RM380 psf.

Shop-Office Layouts

Lastly, the most popular layout and size (built-up) combination at The One for shop-offices is 2,205 sf with a median price of RM680 psf. For price wise, the most expensive one is 1,030 sf with a median price of RM1,020 psf; while the cheapest one is 2,000 sf with a median price of RM600 psf.

Latest The One for sale listings:

DateTypeBuilt-upPrice
16 Dec 2021Condominium1,650 sfRM590,000
15 Dec 2021Condominium1,450 sfRM560,000
12 Dec 2021Condominium1,650 sfRM799,000
10 Dec 2021Condominium1,380 sfRM495,000
9 Dec 2021Condominium1,370 sfRM508,000
9 Dec 2021Condominium1,884 sfRM620,000
8 Dec 2021Condominium1,380 sfRM485,000
30 Nov 2021Condominium1,600 sfRM600,000
30 Nov 2021Condominium1,450 sfRM560,000
30 Nov 2021Condominium1,450 sfRM595,000

Latest The One for rent listings:

DateTypeBuilt-upRental
18 Dec 2021Condominium1,380 sfRM1,499
17 Dec 2021Condominium1,380 sfRM1,600
14 Dec 2021Condominium1,440 sfRM1,500
13 Dec 2021Condominium1,380 sfRM1,600
12 Dec 2021Condominium1,450 sfRM1,500
11 Dec 2021Condominium1,380 sfRM1,300
11 Dec 2021Condominium1,350 sfRM1,600
8 Dec 2021Master Room-NA-RM640
6 Dec 2021Condominium1,450 sfRM1,600
3 Dec 2021Condominium1,450 sfRM1,600
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