Sale Price *

Average
RM 388 psf
Range
RM 358 - 430 psf

Rental Price **

Average
N/A
Range
N/A

Rental Yield **

4.82%

Rental income expressed as a percentage of the property's value.

Sale Price *

Average
RM 388 psf
Range
RM 358 - 430 psf

Rental Price **

N/A
Range
N/A

Rental Yield **

4.82%

Rental income expressed as a percentage of the property's value.

One World 1 (1-World), Bayan Baru Insights

Developer:Ideal Capital Intelligence Sdn Bhd
Architect:
Main Contractor:
Land Size (sqm):
GFA (sqm):
Plot Ratio (Incl. Bonus):
Project Name:One World 1 (1-World)
Street Name:Tingkat Mahsuri 2, 11900, Penang
Postal Code:11900
Property Type:
Tenure:
District/Planning Area:Bayan Baru
Completion:N/A
Number of Landed Units:0 units
Number of Non Landed Units:250 units
Sold Price Range/Average*:RM 358 psf - RM 430 psf / RM 388 psf
Leased Rental Range/Average**:
Implied rental yield**:4.82%
Historical High:RM 527 psf in Dec 2014 for a 1,650-sqft unit
Indicative Average Price from Historical High:%
Historical Low:RM 227 psf in Jun 2013 for a 1,160-sqft unit
Buyer Profile by Residential Status:
Buyer Profile by Purchaser Address:
*Based on transactions in the last 48 months.
**Based on asking rental data in the last 12 months. May not be representative.

About This Project

1-World is a condominium, nestled under the The One project in Bayan Baru, Penang. The One Penang Cyber City initiative is a township focusing on urban development with technology-infused concept, similar to Cyberjaya. The condominium consists of two 26-storey blocks, and 250 units shared between the two blocks. The units have a built-up from 1,380 sf to 1,650 sf. The units come with a subsale price that starts from RM490,000 onwards, and a rental from as low as RM1,200, as of 2017. Prospects can be assured that the price will be worth it, if they were to look at the amount of space they are given in a condominium unit, compared to the common prices elsewhere. 1-World is a bit unconventional when it comes to its line of facilities. For a new concept condominium, it doesn’t provide a lot, and it doesn’t even have a swimming pool, which would be rather surprising to those who are used to staying in high rise residences. However, there is a barbecue area for social gatherings, a gym and a jogging track for recreation, and a mini market within the vicinity for convenience sake. Other than that, it also comes with 24-hour security. Being in a “Cyber City”, tenants can be assured that they will be able to enjoy state-of-the-art amenities within the township. It is also close to landmarks like the Penang International Sports Arena (SPICE, formerly known as PISA) stadium, as well as the SPICE Aquatic centre. The Bayan Baru Police Station, Fire Department, and Pantai Mutiara Hospital are nearby. The condominium is also a stone’s throw away from D’Piazza Mall. Despite its distance from the common areas of Penang, such as Georgetown, 1-World tenants will be able to enjoy the nearby amenities, which includes government service offices, post offices, restaurants and banks. The residence is also close to a number of schools and tertiary education institutions. The nearest school to the condominium is Sekolah Kebangsaan Bayan Baru, while INTI International College Penang is just a short drive away. The residence is close to the Penang Bridge, which connects the island to the mainland, which makes travelling between the two areas much easier. The Penang Bridge is also part of the North-South Expressway (NSE), which allows easy access to other states as well. Should you need to travel by air, 1-World is also nearby the Penang Island International Airport.

Sales Transaction of One World 1 (1-World)

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Price Comparison with Nearby Properties (UP to 50)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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