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 Fiera Vista, Ideal Vision Park, Imperial Residences, One Foresta, One Imperial, Solaria Residences, SummerSkye 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
RM550,000 - RM740,000 (Apartment)
RM1,190,000 - RM1,380,000 (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 3.3% for apartment units and 1.6% for houses. The highest rental yield ever recorded was 3.85% in Q3 2020 (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 RM510 psf. For price wise, the most expensive one is 3-bedroom / 1,450 sf with a median price of RM510 psf; while the cheapest one is 4-bedroom / 1,650 sf with a median price of RM430 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 RM540 psf. For price wise, the most expensive one is 4-bedroom / 2,500 sf with a median price of RM550 psf; while the cheapest one is 4-bedroom / 2,280 sf with a median price of RM520 psf.

Latest One Residence for sale listings:

DateTypeBuilt-upPrice
26 Oct 2020Condominium1,115 sfRM540,000
26 Oct 2020Condominium1,650 sfRM770,000
26 Oct 2020Condominium1,450 sfRM700,000
25 Oct 2020Condominium1,115 sfRM568,000
24 Oct 2020Penthouse3,300 sfRM1,650,000
24 Oct 2020Condominium1,450 sfRM675,000
22 Oct 2020Condominium1,450 sfRM800,000
19 Oct 2020Condominium1,650 sfRM710,000
19 Oct 2020Condominium1,655 sfRM760,000
19 Oct 2020Condominium1,115 sfRM560,000

Latest One Residence for rent listings:

DateTypeBuilt-upRental
TodayTerrace2,280 sfRM2,000
27 Oct 2020Terrace2,200 sfRM2,000
26 Oct 2020Condominium1,150 sfRM1,650
26 Oct 2020Condominium1,475 sfRM1,400
26 Oct 2020Condominium1,650 sfRM1,800
26 Oct 2020Condominium1,450 sfRM1,600
26 Oct 2020Condominium1,450 sfRM1,600
26 Oct 2020Condominium1,450 sfRM1,600
26 Oct 2020Condominium1,650 sfRM1,600
26 Oct 2020Condominium1,450 sfRM1,600
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