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 136 property projects in Malaysia. Other similar projects by the same developer are Almyra Residences, Aseana Puteri, D'Summit Residences, Fettes Residences, Impian Heights, La Thea Residences, Puteri Palma, Sky Condominium, Skypod Residences and The Platino.
This apartment has some amenities nearby, e.g. hospitals and schools. The following are some hospitals here:
- Hospital Kerajaaan Penang
- Pearl Maternity Hospital
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 2.89%, compared to 3.13% 2 years ago in Q4 2017. 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:
Latest Regency Heights for rent listings: