The One

The One is an integrated township project nestled in the bustling industrial enclave of Bayan baru, also known as Penang Cybercity. It consists of several developments, namely 1-World, 1-Square, 1-Sky, 1-Broadway, 1-Atrium and 1-Zone. It has Gross Development Value (GDV) of RM500 million. The 1-Square is the first development launched. It consists of 12 units of 3½-storey bungalow shops and 47 units of 3-storey terrace shops, which is built around a central plaza with 20ft-wide corridors. The bungalow units were launched from RM1 million to RM1.4 million, whereby the terrace shops were priced between RM780,000 and RM880,000. The next on the line is 1-Sky, a 29-storey tower that houses serviced residences and corporate offices. It is complemented with 260,000 sf of retail space on the lower floors.The 1-Broadway is a commercial component that hosts 46 shop units for fine and exquisite dining within a 55,000 sf 3-storey block. The 1-Atrium boasts an upscale bazaar to fulfill needs of the residents in surrounding areas. Units offered have built-up sizes ranging from 553 sf up to 1,265 sf, while there is a central covered walkway of 69ft in width and 425ft in length. Other developments are 1-World

, a 23-storey office tower with 260,000 sf of office areas. *1-Zone development is built to host corporate retail units and residential suites in a 6-storey block. On top of that, it also hosts Malaysia’s first technology museum.

One of the developments launched was Terrace+ (also known as Terrace Plus), a mixed commercial and residential development that marries traditional practicalities and aesthetics of modern design. It consists 10 rows of 2-storey blocks with retail-shop units on the ground level and 1-bedroom apartment on top of it. There are 2 types available at Terrace+, namely Type A1 and Type B1. Type A1 has width of 20’ and a total of built-up size of 1,810 sf (840 sf for ground floor and 970 sf for upper floor) with 1 bedroom and 2 bathrooms. Type B1 has width of 24’ and a total built-up area of 2,205 sf (1,020 sf for ground floor and 1,185 sf for upper floor) with 1 bedroom and 2 bathrooms.

Property Details

Name: The One

Address: Persiaran Mahsuri Mahsuri, Bayan Baru

Developer: Ideal capital Intelligence

Completion Date: 2012 (estimate)

Type: Mixed

Tenure: Leasehold

No. of Storey

1-Square: 3 & 3½

1-Sky: 29

1-Broadway: 3

1-World: 23

1-Zone: 6

Terrace+: 2

No. of Units

1-Square:

3½-Storey Bungalow Shop: 12

3-Storey Terrace Shop: 47

1-Broadway: 46

Terrace+: 70

Built-up

Terrace+: 1,810 sf & 2,205 sf

Launch Price

3½-Storey Bungalow Shop: RM1 million – RM1.4 million

3-Storey Terrace Shop: RM780,000 - RM880,000

Facilities

24-hour security

Analysis

Location wise, The One is strategically located at the central of Bayan Baru CBD. It is just minutes away from Penang International Airport and the 24-km Second Penang Bridge. There are also nearby shopping malls (Sunshine Square, Bukit Jambul Complex and Queensbay Mall), a hospital and a post office.