One Residence, Sungai Ara
One Residence is a freehold condominium & landed development located in Sungai Ara, Penang Island. 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 3,300 sf for condominium units and 1,400 sf to 3,000 sf for houses. It was developed by Ideal Property Group.
Ideal Property Group is a large real estate group, and it has constructed around 31 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.
The only amenities nearby this condominium & landed development are some schools. Few of the schools here are Madrasah Tahfiz Darus Sa'adah, SRA Madrasah Uthmaniah Abim and Straits International School Penang.
The current rental yield of One Residence is 3.34% for condominium units and 1.56% for houses. The highest rental yield ever recorded was 3.62% in Q3 2020 (condominium) and 2.5% in Q4 2013 (house); while the lowest one was 2.53% in Q3 2016 (condominium) and 1.52% in Q4 2021 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at One Residence for condominium 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 RM560 psf; while the cheapest one is 5-bedroom / 2,800 sf with a median price of RM390 psf.
Lastly, the most popular layout and size (built-up) combination at One Residence for houses is 4-bedroom / 2,360 sf with a median price of RM640 psf. For price wise, the most expensive one is 5-bedroom / 2,280 sf with a median price of RM960 psf; while the cheapest one is 3-bedroom / 1,400 sf with a median price of RM520 psf.
Latest One Residence for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 17 Mar 2022 | Condominium | 1,650 sf | RM770,000 |
| 22 Jan 2022 | Condominium | 1,500 sf | RM748,000 |
| 16 Jan 2022 | Condominium | 1,115 sf | RM628,000 |
| 16 Jan 2022 | Condominium | 1,650 sf | RM750,000 |
| 15 Jan 2022 | Condominium | 1,650 sf | RM788,000 |
| 15 Jan 2022 | Condominium | 1,655 sf | RM730,000 |
| 14 Jan 2022 | Condominium | 1,650 sf | RM790,000 |
| 14 Jan 2022 | Condominium | 1,400 sf | RM660,000 |
| 14 Jan 2022 | Condominium | 1,115 sf | RM580,000 |
| 10 Jan 2022 | Condominium | 1,500 sf | RM748,000 |
Latest One Residence for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 31 Aug 2022 | Terrace | 1,584 sf | RM2,599 |
| 13 Aug 2022 | Terrace | 2,500 sf | RM2,500 |
| 5 Jun 2022 | Room | -NA- | RM450 |
| 18 Feb 2022 | Condominium | 1,200 sf | RM1,800 |
| 22 Jan 2022 | Low-Cost Flat | 1,200 sf | RM1,200 |
| 22 Jan 2022 | Condominium | 1,100 sf | RM1,800 |
| 21 Jan 2022 | Condominium | 1,450 sf | RM1,600 |
| 17 Jan 2022 | Master Room | -NA- | RM600 |
| 17 Jan 2022 | Condominium | 1,115 sf | RM1,750 |
| 17 Jan 2022 | Condominium | 1,450 sf | RM1,500 |