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 1,115 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 26 real estate projects in Malaysia. Other similar projects by the same developer are 1-World, Casa Mila, Fiera Vista, Ideal Regency, Ideal Vision Park, Imperial Residences, One Imperial, Solaria Residences, The One and Tree Sparina.

Property Type
Apartment & Landed
Land Tenure
Freehold
Built-up
1,115 sf - 1,650 sf (Apartment)
2,280 sf - 2,500 sf (House)
Market Price
RM570,000 - RM780,000 (Apartment)
RM1,350,000 - RM1,550,000 (House)
Density
-NA-
Completed In
-NA-
Developer
Ideal Property Group
Launch Price
-NA-

The only amenities nearby this apartment & landed development are some schools. Few of the schools here are SJK (C) Chung Shan, SK Bayan Lepas, SK Mutiara Perdana, SRA Madrasah Uthmaniah Abim, Sis (Straits International School) and Straits International School.

The current market prices for One Residence are from RM570,000 to RM780,000 (about RM460 psf) for apartment units and RM1,350,000 to RM1,550,000 (about RM590 psf) for houses; while the monthly rentals are from RM1,500 to RM1,800 (about RM1.10 psf) for apartment units and RM1,800 to RM2,600 (about RM1.10 psf) for houses. The highest median price psf ever recorded was RM606 psf in Q1 2014 (Apartment) and RM763 psf in Q3 2016 (House); while the lowest one was RM368 psf in Q2 2012 (Apartment) and RM380 psf in Q1 2012 (House).

The current rental yield of One Residence is 3.66% for apartment units and 2.28% for houses. The highest rental yield ever recorded was 3.66% in Q4 2018 (Apartment) and 2.5% in Q4 2013 (House); while the lowest one was 2.53% in Q3 2016 (Apartment) and 1.57% in Q3 2015 (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 RM460 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 RM450 psf.

House Layouts

Lastly, the most popular layout and size combination at One Residence for houses is 4-bedroom / 2,280 sf with a median price of RM590 psf. For price wise, the most expensive one is 4-bedroom / 2,500 sf with a median price of RM620 psf; while the cheapest one is 4-bedroom / 2,360 sf with a median price of RM570 psf.

Latest One Residence for sale listings:

DateTypeBuilt-upPrice
14-Dec-18Terrace2,600 sfRM1,580,000
13-Dec-18Condominium1,650 sfRM760,000
13-Dec-18Semi-Detached2,350 sfRM2,500,000
13-Dec-18Condominium1,650 sfRM780,000
13-Dec-18Condominium1,500 sfRM798,000
12-Dec-18Condominium1,115 sfRM680,000
12-Dec-18Condominium1,650 sfRM760,000
12-Dec-18Condominium1,100 sfRM568,000
12-Dec-18Condominium1,495 sfRM680,000
12-Dec-18Condominium1,100 sfRM540,000

Latest One Residence for rent listings:

DateTypeBuilt-upRental
YesterdayRoom In Apartment-NA-RM550
17-Dec-18Terrace2,280 sfRM2,400
15-Dec-18Condominium1,110 sfRM1,200
15-Dec-18Condominium1,115 sfRM1,200
15-Dec-18Condominium1,450 sfRM1,200
15-Dec-18Condominium1,450 sfRM1,500
15-Dec-18Condominium1,450 sfRM1,800
15-Dec-18Condominium1,450 sfRM1,500
15-Dec-18Condominium1,115 sfRM1,400
15-Dec-18Condominium1,150 sfRM1,700