ARENA CURVE @ THE ARENA Property Investment Analysis

12, Barat Daya, Penang

Median Price
RM 700,000
CAGR
-7.9%
Median PSF
RM 638.00
CAGR
-9.6%
Transactions
9
Period
2022-2024

ARENA CURVE @ THE ARENA in Barat Daya, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 700K and a median price per square foot (PSF) of RM 638.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 700K, with most transactions falling within a stable range of RM 480K to RM 920K, and a typical market range of RM 450K to RM 1.07 million.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 638, though individual units vary from RM 438 to RM 838 in the core range. The broader market spans RM 282.50 to RM 993.50, indicating diverse property characteristics. A wider spread (IQR: RM 711.00) and deviation (MAD: RM 200) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

9 found
Shop Unit/Retail Lot
RM 538,000
PSF: RM 450.00
Area: 1,195 sqft
Date: Jul 2024
Shop Unit/Retail Lot
RM 1,280,000
PSF: RM 1,166.00
Area: 1,098 sqft
Date: May 2024
Shop Unit/Retail Lot
RM 650,000
PSF: RM 592.00
Area: 1,098 sqft
Date: May 2024
Shop Unit/Retail Lot
RM 450,000
PSF: RM 410.00
Area: 1,098 sqft
Date: May 2024
Shop Unit/Retail Lot
RM 1,380,000
PSF: RM 1,257.00
Area: 1,098 sqft
Date: Sep 2023
Shop Unit/Retail Lot
RM 920,000
PSF: RM 838.00
Area: 1,098 sqft
Date: Sep 2023
Shop Unit/Retail Lot
RM 700,000
PSF: RM 638.00
Area: 1,098 sqft
Date: Nov 2022
Shop Unit/Retail Lot
RM 500,000
PSF: RM 455.00
Area: 1,098 sqft
Date: Nov 2022
Shop Unit/Retail Lot
RM 1,300,000
PSF: RM 1,184.00
Area: 1,098 sqft
Date: Nov 2022