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.

Property Type
Condominium & Landed
Land Tenure
Freehold
Built-up
1,115 sf - 3,300 sf (Condominium)
1,400 sf - 3,000 sf (House)
Market Price
RM620,000 - RM1,650,000 (Condominium)
RM730,000 - RM2,190,000 (House)
Density
-NA-
Completed In
-NA-
Launch Price
-NA-

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:

Condominium Layouts

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.

House Layouts

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:

DateTypeBuilt-upPrice
17 Mar 2022Condominium1,650 sfRM770,000
22 Jan 2022Condominium1,500 sfRM748,000
16 Jan 2022Condominium1,115 sfRM628,000
16 Jan 2022Condominium1,650 sfRM750,000
15 Jan 2022Condominium1,650 sfRM788,000
15 Jan 2022Condominium1,655 sfRM730,000
14 Jan 2022Condominium1,650 sfRM790,000
14 Jan 2022Condominium1,400 sfRM660,000
14 Jan 2022Condominium1,115 sfRM580,000
10 Jan 2022Condominium1,500 sfRM748,000

Latest One Residence for rent listings:

DateTypeBuilt-upRental
31 Aug 2022Terrace1,584 sfRM2,599
13 Aug 2022Terrace2,500 sfRM2,500
5 Jun 2022Room-NA-RM450
18 Feb 2022Condominium1,200 sfRM1,800
22 Jan 2022Low-Cost Flat1,200 sfRM1,200
22 Jan 2022Condominium1,100 sfRM1,800
21 Jan 2022Condominium1,450 sfRM1,600
17 Jan 2022Master Room-NA-RM600
17 Jan 2022Condominium1,115 sfRM1,750
17 Jan 2022Condominium1,450 sfRM1,500
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