Regency Heights, Sungai Ara

Regency Heights is a freehold apartment located in Sungai Ara, Penang. There are 529 units available at this project with built-up from 1,258 sf. It was developed by IOI Properties Group Bhd, and was completed in around Mar 2007.

IOI Properties Group Bhd is a very large-scale property developer listed on Bursa Malaysia, and it has built about 140 property projects in Malaysia. Other similar projects by the same developer are Almyra Residences, D'Summit Residences, Impian Heights, La Thea Residences, Marina Cove, PJ Midtown, Puteri Palma, Sky Condominium, Skypod Residences and The Platino.

Property Type
Apartment
Land Tenure
Freehold
Built-up
1,258 sf
Market Price
RM580,000
Density
529 Units
Completed In
Mar 2007
Launch Price
-NA-

This apartment has some amenities nearby, e.g. hospitals and schools. The following are some hospitals here:

As for schools, there are SJK (C) Chong Cheng and SMK Sungai Ara.

The current market prices for Regency Heights are from RM580,000 (about RM460 psf); while the monthly rentals are from RM1,400 (about RM1.11 psf). The highest median price psf ever recorded was RM546 psf in Q2 2014; while the lowest one was RM337 psf in Q2 2010.

The current rental yield of Regency Heights is around 2.9%, compared to 2.92% a year ago in Q2 2018. The highest rental yield ever recorded was 4.63% in Q2 2011; while the lowest one was 2.65% in Q1 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest Regency Heights for sale listings:

DateTypeBuilt-upPrice
21-Sep-19Condominium2,600 sfRM1,300,000
10-Sep-19Condominium1,258 sfRM585,000
10-Sep-19Condominium1,258 sfRM560,000
09-Sep-19Condominium1,258 sfRM598,000
09-Sep-19Condominium1,258 sfRM540,000
05-Sep-19Condominium1,258 sfRM550,000
05-Sep-19Condominium1,258 sfRM500,000
04-Sep-19Condominium1,258 sfRM500,000
03-Sep-19Condominium1,258 sfRM530,000
02-Sep-19Condominium1,258 sfRM540,000

Latest Regency Heights for rent listings:

DateTypeBuilt-upRental
09-Sep-19Room In Apartment-NA-RM550
12-Aug-19Room In Apartment-NA-RM350
03-Aug-19Condominium1,258 sfRM1,200
02-Aug-19Condominium1,258 sfRM1,350
31-Jul-19Room In Apartment-NA-RM400
28-Jul-19Low-Cost Flat1,300 sfRM1,200
27-Jul-19Condominium1,258 sfRM1,250
22-Jul-19Condominium1,258 sfRM1,300
22-Jul-19Condominium1,200 sfRM1,350
03-Jul-19Condominium1,258 sfRM1,500

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