Imperial Residences, Sungai Ara

Imperial Residences is a freehold condominium located in Sungai Ara, Penang Island. There are 816 units available at this project with built-up from 1,100 sf to 1,200 sf. It was developed by Ideal Property Group with a launch price of around RM500 psf, and was completed about 2017.

Ideal Property Group is a large real estate group, and it has undertaken around 31 real estate projects in Malaysia. Other similar projects by the same developer are Casa Mila, Fiera Vista, ForestVille, Ideal Regency, One Foresta, One Imperial, Queens Waterfront, Sunsuri Residences and Tree Sparina.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,100 sf - 1,200 sf
Market Price
RM540,000 - RM600,000
Density
816 Units
Completed In
2017
Launch Price
About RM500 psf

This condominium has some amenities nearby, such as schools and hospitals. The following are some of the major schools here:

The current rental yield of Imperial Residences is around 3.79%, compared to 2.9% a year ago in Q4 2020. The highest rental yield ever recorded was 3.79% in Q4 2021; while the lowest one was 2.36% in Q4 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Imperial Residences is 3-bedroom / 1,100 sf with a median price of RM490 psf. For price wise, the most expensive one is 3-bedroom / 1,200 sf with a median price of RM500 psf; while the cheapest one is 3-bedroom / 1,100 sf with a median price of RM490 psf.

Latest Imperial Residences for sale listings:

DateTypeBuilt-upPrice
16 Dec 2021Condominium1,100 sfRM564,000
15 Dec 2021Condominium1,100 sfRM520,000
12 Dec 2021Condominium1,100 sfRM565,000
10 Dec 2021Condominium1,100 sfRM525,000
9 Dec 2021Condominium1,100 sfRM595,000
9 Dec 2021Condominium1,100 sfRM560,000
9 Dec 2021Condominium1,100 sfRM535,000
9 Dec 2021Condominium1,100 sfRM560,000
8 Dec 2021Condominium1,100 sfRM580,000
8 Dec 2021Condominium1,200 sfRM650,000

Latest Imperial Residences for rent listings:

DateTypeBuilt-upRental
17 Dec 2021Condominium1,200 sfRM1,200
7 Dec 2021Single Room-NA-RM350
14 Dec 2021Condominium1,300 sfRM1,200
14 Dec 2021Condominium1,300 sfRM1,200
14 Dec 2021Condominium1,180 sfRM1,200
13 Dec 2021Condominium1,300 sfRM1,200
13 Dec 2021Condominium1,200 sfRM1,400
9 Dec 2021Condominium1,100 sfRM1,700
8 Nov 2021Apartment Room-NA-RM600
8 Dec 2021Condominium1,100 sfRM1,200
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