1-Sky, The One, Bayan Baru
1-Sky (also known as One Sky & formerly known as 1-World 2) is a leasehold mixed commercial & condominium development located in The One, Bayan Baru. There are 250 condominium units available at this project with built-up from 1,425 sf to 1,650 sf for condominium units, 2,618 sf for offices and 1,117 sf to 1,275 sf for shop-offices. It was developed by Ideal Property Group with a launch price at about RM420 psf for condominium units, and was completed in around 2013.
Ideal Property Group is a large-scale property development group, and it has built about 31 property projects in Malaysia. Other similar projects by the same developer are 1-World and Imperial Grande.
This mixed commercial & condominium development has many amenities nearby, e.g. hospitals, schools and universities. The following are some hospitals here:
- Hospital Islam Pulau Pinang
- Pantai Hospital Penang
The current rental yield of 1-Sky is 3.21% for condominium units and 4.13% for shop-offices. The highest rental yield ever recorded was 4.41% in Q3 2014 (condominium) and 4.13% in Q2 2021 (shop-office); while the lowest one was 2.78% in Q2 2021 (condominium) and 2.94% in Q2 2020 (shop-office). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at 1-Sky for condominium units is 3-bedroom / 1,450 sf with a median price of RM400 psf. For price wise, the most expensive one is 4-bedroom / 1,650 sf with a median price of RM410 psf; while the cheapest one is 3-bedroom / 1,650 sf with a median price of RM360 psf.
Meanwhile, the most popular layout and size (built-up) combination at 1-Sky for offices is 2,618 sf with a median price of RM380 psf. For price wise, the most expensive one is 2,618 sf with a median price of RM380 psf; while the cheapest one is 2,618 sf with a median price of RM380 psf.
Lastly, the most popular layout and size (built-up) combination at 1-Sky for shop-offices is 1,275 sf with a median price of RM750 psf. For price wise, the most expensive one is 1,117 sf with a median price of RM1,020 psf; while the cheapest one is 1,188 sf with a median price of RM740 psf.
Latest 1-Sky for sale listings:
|16 Dec 2021||Condominium||1,650 sf||RM590,000|
|15 Dec 2021||Condominium||1,450 sf||RM560,000|
|12 Dec 2021||Condominium||1,650 sf||RM799,000|
|30 Nov 2021||Condominium||1,600 sf||RM600,000|
|30 Nov 2021||Condominium||1,450 sf||RM560,000|
|30 Nov 2021||Condominium||1,450 sf||RM595,000|
|27 Nov 2021||Condominium||1,450 sf||RM690,000|
|24 Nov 2021||Condominium||1,450 sf||RM558,000|
|18 Nov 2021||Condominium||1,650 sf||RM590,000|
|31 Oct 2021||Condominium||1,450 sf||RM560,000|
Latest 1-Sky for rent listings:
|18 Dec 2021||Condominium||1,380 sf||RM1,499|
|17 Dec 2021||Condominium||1,380 sf||RM1,600|
|13 Dec 2021||Condominium||1,380 sf||RM1,600|
|12 Dec 2021||Condominium||1,450 sf||RM1,500|
|11 Dec 2021||Condominium||1,350 sf||RM1,600|
|6 Dec 2021||Condominium||1,450 sf||RM1,600|
|3 Dec 2021||Condominium||1,450 sf||RM1,600|
|2 Dec 2021||Room||-NA-||RM680|
|30 Nov 2021||Medium Room||-NA-||RM680|
|30 Nov 2021||Condominium||1,450 sf||RM2,100|