One Residence is a gated and guarded community within the fast-growing area of Sungai Ara, Penang. It is developed by Ideal Property Development over a 100-acre freehold land in several phases. In one residence, there are four housing development projects; Sathu Terraces, Dua Villas, Tree Residences and Fiera Vista. One Residence is made of mixed residential development types. Sathu Terraces and Dua Villas are made of 2-storey terrace houses, Tree Residency consisted of terrace houses and semi-detached houses, while Fiera Vista comes in condominium form. While all phases embraces the contemporary design outlook, each phase has their own motif and detailing. Sathu Terraces has a tropical outlook while Dua Villas is of Chinese chic charm.Located in fast growing township of Sungai Ara on the southeast part of Penang Island, One Residence is also within close proximity to the Setia Pearl Island Country Club, one of the only two golf clubs available on Penang Island. Other nearby amenities are schools, which include both primary and secondary schools. A Chinese primary school is also available nearby, which is SJKC Chong Cheng. There is no shopping mall within the immediate vicinity of Sungai Ara. However, other malls such as Giant Hypermarket, Sunshine Square and Bukit Jambul Complex are not too far from it. The nearby Sungai Ara village has people selling fresh produce daily. One Residence can be accessed via Jalan Dato Ismail Hashim, Jalan Sultan Azlan Shah and Jalan Tun Dr Awang. It is located closer to Penang Second Bridge that is set operation by February 2014, than the original Penang Bridge. For those taking public transportation, Sungai Ara is served by Rapid Penang Bus No. 302, 305 and 308.
Property Details
Name: One Residence Address: Off Jalan Dato Ismail Hashim, 10250 Sungai Ara, Penang Developer: Ideal Property Development Completion Date Sathu Terraces: 2012 Dua Villas: 2013 Tree Residency: 2013 Fiera Vista: 2014 (estimate) Type: Terrace, Semi-Detached & Condominium Tenure: Freehold No. of Blocks Fiera Vista: 4 No. of Storey Sathu Terraces: 2 Dua Villas: 2 & 3 Tree Residency: 2 Fiera Vista: 16 No. of Units Sathu Terraces: 182 Dua Villas: 135 Tree Residency: 316 Fiera Vista: 470 Built-up Sathu Terraces: 1,650 - 2,550 sf Dua Villas: 2,325 - 3,148 sf Tree Residency: 2,280 - 3,005 sf Fiera Vista: 1,450 - 1,650 sf Launch Price Sathu Residence: From RM750,000 Tree Residency: From RM780,000 Fiera Vista: From RM478,000 Subsale Price Sathu Terraces: From RM1,200,000 Dua Villas: From RM1,250,000 Tree Residency: From RM1,130,000 Rental Sathu Terraces: From RM1,700 Dua Villas: From RM2,200 Tree Residency: From RM1,800Market Trends
Latest transaction in One Residence, Sungai Ara
| SPA Date |
Address |
Size |
Price |
| 04/06/2012 |
X, Lintang Rajawali X, Sungai Ara |
1649 ft2 |
910000 |
| 25/05/2012 |
XA, Lorong Rajawali X, Sungai Ara |
2089 ft2 |
980000 |
| 22/05/2012 |
X, Lorong Rajawali X, Sungai Ara |
1649 ft2 |
885000 |
Analysis
Based on some research, some of the main concern of One Residence is the traffic jam. The roads of concern are the junction at Jalan Bayan, as well as the junction at Jalan Relau, where the jams can extend for a distance of over 0.5km. Other major drawbacks of One Residence are one of the roads nearby, Jalan Mahkamah, has a night market every Saturday night, and hence it is closed for the public. Therefore, despite the strategic location, one must consider the time taken to travel to places before purchasing this property.
