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, ForestVille, 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
RM550,000 - RM730,000 (Apartment)
RM1,230,000 - 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 3.3% for apartment units and 1.2% for houses. The highest rental yield ever recorded was 3.85% in Q3 2020 (Apartment) and 2.6% in Q3 2018 (House); while the lowest one was 2.53% in Q3 2016 (Apartment) and 1.2% in Q1 2021 (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 RM500 psf. For price wise, the most expensive one is 3-bedroom / 1,450 sf with a median price of RM500 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 RM530 psf. For price wise, the most expensive one is 4-bedroom / 2,500 sf with a median price of RM560 psf; while the cheapest one is 4-bedroom / 2,325 sf with a median price of RM530 psf.

Latest One Residence for sale listings:

DateTypeBuilt-upPrice
7 Jan 2021Condominium1,500 sfRM770,000
5 Jan 2021Condominium1,650 sfRM750,000
5 Jan 2021Condominium1,115 sfRM540,000
2 Jan 2021Condominium1,450 sfRM648,000
30 Dec 2020Condominium1,500 sfRM770,000
23 Dec 2020Condominium1,115 sfRM650,000
21 Dec 2020Condominium1,650 sfRM760,000
21 Dec 2020Condominium1,650 sfRM780,000
21 Dec 2020Condominium1,650 sfRM760,000
16 Dec 2020Condominium1,450 sfRM630,000

Latest One Residence for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,115 sfRM1,700
YesterdayCondominium1,100 sfRM1,500
18 Jan 2021Condominium1,115 sfRM1,500
18 Jan 2021Condominium1,115 sfRM1,500
17 Jan 2021Condominium1,400 sfRM1,400
6 Jan 2021Terrace2,280 sfRM2,000
14 Jan 2021Condominium1,150 sfRM1,500
7 Jan 2021Room In Apartment-NA-RM660
7 Jan 2021Room In Apartment-NA-RM550
5 Jan 2021Condominium1,100 sfRM1,450
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