Mansion One, Georgetown

Mansion One is a freehold condominium that is located in Georgetown, Penang Island. There are 336 units available at this condominium with built-up from 550 sf to 1,313 sf. It was developed by MPSB Holdings Sdn Bhd with a launch price at about RM765 psf, and was completed around Mid 2014.

MPSB Holdings Sdn Bhd is a privately held boutique property development company, and it has built about 3 property projects in Malaysia. Other similar projects by the same developer are D'Mansion and G'Mansion.

Property Type
Condominium
Land Tenure
Freehold
Built-up
550 sf - 1,313 sf
Market Price
RM500,000 - RM1,160,000
Total Units
336 Units
Completion Date
Mid 2014
Launch Price
About RM765 psf

This condominium has some amenities nearby, e.g. universities, schools and hospitals. The following are some main universities here:

As for schools, there are Asia Penang (Associated School Of Accountancy), Penang Buddhist Free School, SM Sri Pelita, SR Union, SRJK (C) Union and School. There are also some hospitals here, such as Gleneagles Hospital Penang and Island Hospital.

The current rental yield of Mansion One is around 5.91%, compared to 2.71% 2 years ago in Q3 2022. The highest rental yield ever recorded was 6.39% in Q1 2024; while the lowest one was 2.5% in Q4 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Mansion One is 1-bedroom / 618 sf with a median price of RM970 psf. For price wise, the most expensive one is 1-bedroom / 658 sf with a median price of RM1,000 psf; while the cheapest one is 2-bedroom / 955 sf with a median price of RM800 psf.

Latest Mansion One sale listings:

DateProperty TypeBuilt-upPrice
17 May 2024Condominium865 sfRM999,500
16 May 2024Condominium513 sfRM650,000
7 May 2024Studio626 sfRM670,000
2 May 2024Studio626 sfRM620,000
15 Apr 2024Condominium770 sfRM650,000
9 Apr 2024Condominium750 sfRM680,000
8 Apr 2024Condominium886 sfRM780,000
27 Mar 2024Condominium648 sfRM620,000
30 Mar 2024Condominium955 sfRM918,000
28 Mar 2024Condominium648 sfRM620,000

Latest Mansion One rental listings:

DateProperty TypeBuilt-upRental
6 Mar 2024Condominium800 sfRM3,500
11 Oct 2023Studio658 sfRM3,000
26 Sep 2023Condominium685 sfRM3,200
16 Sep 2023Condominium658 sfRM3,300
16 Sep 2023Condominium658 sfRM3,300
13 Sep 2023Condominium658 sfRM3,300
14 Jul 2023Studio658 sfRM2,500
3 Jul 2023Condominium900 sfRM3,500
30 Jun 2023Condominium900 sfRM3,500
29 Jun 2023Condominium900 sfRM3,500
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