One Residence, Sungai Ara

One Residence is a freehold apartment & landed development located in Sungai Ara, Penang. It consists of Dua Villas, Fiera Vista, Ideal Haus, Sathu Terraces, Solaria Residences and Tree Residency. The built-up available at this project is 1,100 sf to 1,650 sf for apartment units and 2,280 sf to 2,500 sf for houses. It was developed by Ideal Property Group.

Ideal Property Group is a large real estate group, and it has constructed around 30 real estate projects in Malaysia. Other similar projects by the same developer are Casa Mila, Fiera Vista, Ideal Vision Park, Imperial Residences, One Foresta, One Imperial, Solaria Residences, The One, Tree Sparina and i-Santorini.

Property Type
Apartment & Landed
Land Tenure
Freehold
Built-up
1,100 sf - 1,650 sf (Apartment)
2,280 sf - 2,500 sf (House)
Market Price
RM560,000 - RM760,000 (Apartment)
RM1,300,000 - RM1,400,000 (House)
Density
-NA-
Completed In
-NA-
Launch Price
-NA-

The only amenities nearby this apartment & landed development are some schools. Few of the schools here are Madrasah Tahfiz Darus Sa'adah, SK Bayan Lepas, SRA Madrasah Uthmaniah Abim, Sis (Straits International School), Straits International School and Straits International School Penang.

The current rental yield of One Residence is 3.62% for apartment units and 1.9% for houses. The highest rental yield ever recorded was 3.85% in Q4 2018 (Apartment) and 2.5% in Q4 2013 (House); while the lowest one was 2.53% in Q3 2016 (Apartment) and 1.55% in Q2 2019 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at One Residence for apartment units is 3-bedroom / 1,450 sf with a median price of RM470 psf. For price wise, the most expensive one is 3-bedroom / 1,115 sf with a median price of RM510 psf; while the cheapest one is 4-bedroom / 1,400 sf with a median price of RM460 psf.

House Layouts

Lastly, the most popular layout and size combination at One Residence for houses is 4-bedroom / 2,360 sf with a median price of RM560 psf. For price wise, the most expensive one is 4-bedroom / 2,325 sf with a median price of RM570 psf; while the cheapest one is 4-bedroom / 2,360 sf with a median price of RM560 psf.

Latest One Residence for sale listings:

DateTypeBuilt-upPrice
01-Apr-20Condominium1,150 sfRM668,000
01-Apr-20Condominium1,650 sfRM660,000
01-Apr-20Condominium1,500 sfRM770,000
01-Apr-20Condominium1,650 sfRM770,000
25-Mar-20Condominium1,115 sfRM570,000
25-Mar-20Condominium1,115 sfRM520,000
22-Mar-20Condominium1,150 sfRM668,000
22-Mar-20Condominium1,450 sfRM650,000
22-Mar-20Condominium1,650 sfRM660,000
22-Mar-20Condominium1,655 sfRM750,000

Latest One Residence for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM580
06-Apr-20Room In Apartment-NA-RM550
02-Apr-20Condominium1,475 sfRM1,400
02-Apr-20Condominium1,115 sfRM1,600
02-Apr-20Condominium1,150 sfRM1,600
02-Apr-20Condominium1,650 sfRM1,700
26-Mar-20Condominium1,450 sfRM1,600
23-Mar-20Condominium1,475 sfRM1,400
22-Mar-20Condominium1,155 sfRM1,450
20-Mar-20Room In House-NA-RM700
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