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One One Eight

118, Jalan Tanjung Tokong, 10470 Tanjung Tokong, Penang
SoHo/Studio
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Details:

Developer

Omega Moments Sdn Bhd
Chinese ad 4621 326x150 01

Facilities

Swimming pool
Jacuzzi
Car park

Property Details

2012
(Year of Completion)
This project was completed 12 years ago
From RM450,000
From RM1,800
Built Up
484 SQ. FT - 1,162 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
1
Total Storeys
12
Total Units
106

Description

One One Eight is not just a lucky number in the Chinese culture, but it is also a collection of Small Office Home Office (SoHo) concept suites at Island Plaza in Tanjung Tokong, Penang. Developed by Omega Moments, this freehold property was remodelled from the previous Island Plaza Tower lots.

The beautifully refurbished One One Eight are well connected by the main road Jalan Tanjung Tokong outside their SoHos, that connect to Jalan Kelawei, Jalan Bagan Jermal and also directly to Gurney Drive. Public transportation is available at Jalan Tanjung Tokong as it is a heavily travelled road.

Located near the sea, One One Eight is a 12-storey building that comprises 106 commercial units. Some of these designer commercial suites also have direct sea fronting, which gives the unit a higher value and of course, better view. With an average of 8 units per floor, the built-up of the suites range between 484 sf to 1,162 sf. Each unit has 1 to 3 bedrooms, depending on the built-up of the unit.

All units have 1 bedroom and 1 bathroom layouts except for Type G, which has 3 bedrooms and 2 bathrooms. There are 8 types of SoHo units to choose from with different sizes and layouts. Type A units are sized between 785 sf - 850 sf, Type B units range from 613 sf to 785 sf, Type C units are sized at 527 sf, Type D at 613 sf, Type E at 581 sf, Type F at 656 sf, while Type G units are the largest at 1,162 sf. Type H is the smallest at 484 sf.

As for the facilities, One One Eight does not come with an Olympic-sized swimming pool, but it does come with one that is fairly sized as well as a jacuzzi, though not offering as many facilities as other residential condominiums.

That being said, residents will feel like they’re living on top of a shopping mall as the ground floors are retail shops with tenants like Cold Storage supermarket, Coffee Bean café, nail spas, beauty salons, restaurants and more. Talk about convenience at your doorstep.

All in all, One One Eight may not be suitable for those who are looking for tranquillity. However, if you are looking for comfort and practicality, these SoHo units could be considered. The lowest selling price for these units are at RM680,000 and above, depending on the built-up.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Tanjung Tokong
Go To Neighbourhood
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Floor Plans:

Bedrooms 1
Bathrooms 1
Category Soho
Built Up 850 SQ. FT

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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 (%)
One One Eight 2012 RM499,000 - RM550,000
RM 473 psf - RM 785 psf
RM2,200 - RM2,200 NIL 5.72 %
The Latitude May 2015 RM790,000 - RM900,000
RM 512 psf - RM 600 psf
RM1,700 - RM1,700 NIL 3.31 %
Fettes Residences June 2011 RM1,100,000 - RM2,000,000
RM 649 psf - RM 1,000 psf
RM3,000 - RM3,000 NIL 3.33 %
The Brezza 2011 RM620,000 - RM1,250,000
RM 496 psf - RM 862 psf
RM1,600 - RM1,600 NIL 3.11 %
Fettes Park 2011 RM700,000 - RM930,000
RM 775 psf - RM 777 psf
NIL NIL NIL
Straits Quay Nov 2010 RM900,000 - RM4,600,000
RM 836 psf - RM 1,422 psf
RM2,500 - RM2,500 NIL 1.96 %
Avalon Apr 2009 RM4,000,000 - RM4,000,000
RM 888 psf - RM 888 psf
RM7,000 - RM7,000 NIL 2.1 %

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 645 psf
500 - 1,000 SQ. FT RM 715 psf - RM 348 psf
1,000 - 1,500 SQ. FT RM 481 psf - -
1,500 - 2,500 SQ. FT RM 605 psf - -
2,500 - 4,000 SQ. FT - RM 2,566,667 psf -
4,000 SQ. FT and above - RM 4,325,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 521 psf
Non Landed Properties
RM 835,865 psf
Landed Properties
RM 443 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 45,000
Loan Amount ( 90 %) RM 405,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (484 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.

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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