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1-Sky is a condominium residence located in Bayan Lepas, Penang. Upon its completion in 2013, the project added to the skyline with its two 26-storey blocks. In total, the residence houses 250 units which come in a variety of sizes and layout types.
The homes at 1-Sky are available in 3 choices, namely Type A, Type B and Type C. Type A units are 1,600 sf in built-up size, offering a spacious 4+1 bedrooms and 3 bathrooms layout. Type C is the largest of the 3, with a slightly larger built-up of 1,650 sf, also with 4+1 bedrooms and 3 bathrooms. Type B on the other hand, is relatively smaller than the two, with 3+1 bedrooms and 2 bathrooms in 1,450 sf of space.
Though 1-Sky is leasehold tenure, it makes up for that slightly unappealing aspect to buyers with its range of facilities. The residence offers a swimming pool, gymnasium, children’s pool, pool deck, children’s playground, barbecue area, tea house, sports bar, community hall, as well as relaxation features like a yoga pavilion and tai chi area.
Amenities are well within reach of 1-Sky residents, with a number of commercial shop lots in the surrounding area of the property providing banks, bakeries, convenience stores, clinics, eateries and more. Additionally, D’Piazza Mall is just a short drive away along Jalan Mahsuri. The nearest school is SK Bayan Baru, while more schools can be found in town, such as SK Sungai Ara, SMK Raja Tun Uda, SRK Sri Permai and SRJK (C) Shih Chung.
Situated within proximity to two main roads, namely Jalan Tun Dr Awang and Jalan Mahsuri, 1-Sky enjoys accessibility to Jalan Sultan Azlan Shah via either. The main route connects the property to the Bayan Lepas industrial area south of the island while Georgetown is about 25 minutes north along it. Apart from that, Jalan Tun Dr Awang also connects the residence to the town of Sungai Ara and Relau, while providing a less congested choice compared to Jalan Sultan Azlan Shah for residents to and from Bayan Lepas.
Given the large built-ups, myriad of facilities and location within the town of Bayan Lepas, 1-Sky homes have been able to fetch higher than average prices, with units on the market beginning from RM735,000. However, its leasehold status is definitely a large determining factor to consider for those planning to own and stay there themselves in the long-run.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
1-Sky | 2013 |
RM520,000
-
RM999,000
RM 364 psf - RM 605 psf |
RM1,600 - RM1,600 | NIL | 3.4 % |
Sierra East | July 2017 |
RM500,000
-
RM980,000
RM 390 psf - RM 593 psf |
RM1,000 - RM1,000 | NIL | 3.24 % |
Olive Tree Residences | Dec 2015 |
RM730,000
-
RM1,200,000
RM 426 psf - RM 645 psf |
RM2,200 - RM2,200 | NIL | 3.09 % |
Jambul Heights | Oct 2015 |
RM500,000
-
RM988,000
RM 349 psf - RM 495 psf |
RM2,800 - RM2,800 | NIL | 4.52 % |
Promenade Residence | 2015 |
RM390,000
-
RM980,000
RM 400 psf - RM 612 psf |
RM1,300 - RM1,300 | NIL | 2.88 % |
Arena Residence | 2015 |
RM550,000
-
RM899,000
RM 440 psf - RM 620 psf |
RM1,300 - RM1,300 | NIL | 3.15 % |
Arena Curve | 2015 | NIL | From RM1,500 | NIL | NIL |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | RM 852 psf |
500 - 1,000 SQ. FT | RM 610 psf | - | RM 441 psf |
1,000 - 1,500 SQ. FT | RM 447 psf | - | RM 625 psf |
1,500 - 2,500 SQ. FT | RM 452 psf | - | RM 400,413 psf |
2,500 - 4,000 SQ. FT | RM 351 psf | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 73,500 |
Loan Amount ( 90 %) | RM 661,500 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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