1-World

Condominium
Off Jalan Mahsuri, Bayan Baru, 11950 Bayan Lepas, Penang
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Developer

Ideal Property Group
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Developer of 1-World, Ideal Property Group

Facilities

BBQ area
Gymnasium
Jogging track
Mini market

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.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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2012
(Year of Completion)
This project was completed 7 years ago
  • NIL
  • From RM 490,000
  • From RM 1,200
  • NIL
Built Up
1,380 SQ. FT - 1,650 SQ. FT
Land Title
Residential
Tenure
Leasehold
Total Blocks
2
Total Storey
26
Total Units
250
Parking
Min. 2

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

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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-World 2012 RM 475,000 - RM 560,000
RM 407 psf - RM 456 psf
RM 1,500 - RM 1,500 NIL 4.06 %
Sierra East Jul 2017 RM 540,000 - RM 630,000
RM 432 psf - RM 484 psf
RM 1,000 - RM 1,000 NIL 2.36 %
Olive Tree Residences Dec 2015 RM 730,000 - RM 915,000
RM 426 psf - RM 494 psf
RM 2,200 - RM 2,200 NIL 3.48 %
Jambul Heights Oct 2015 RM 605,000 - RM 1,300,000
RM 495 psf - RM 541 psf
RM 1,300 - RM 1,300 NIL 1.7 %
Arena Residence 2015 RM 550,000 - RM 860,000
RM 440 psf - RM 600 psf
RM 1,200 - RM 1,200 NIL 2.98 %
Promenade Residence 2015 RM 390,000 - RM 780,000
RM 442 psf - RM 663 psf
RM 1,000 - RM 1,000 NIL 2.56 %
Arena Curve 2015 NIL From RM 1,500 NIL NIL
4 For Sale in 1-World 7 For Rent in 1-World 4 For Sale in Sierra East 6 For Rent in Sierra East 5 For Sale in Olive Tree Residences 2 For Rent in Olive Tree Residences 2 For Sale in Jambul Heights 3 For Rent in Jambul Heights

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 656 psf
500 - 1,000 SQ. FT - - -
1,000 - 1,500 SQ. FT RM 486 psf - RM 576 psf
1,500 - 2,500 SQ. FT RM 573 psf RM 638 psf -
2,500 - 4,000 SQ. FT - RM 568 psf RM 442 psf
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 390 psf
Non Landed Properties
RM 542 psf
Landed Properties
RM 557 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 49,000
    Loan Amount ( 90 %) RM 441,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (1,380 SQ. FT)
    Total Monthly Expenses
    RM 3,000 ±

    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.

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