ARENA SUITE @ THE ARENA Property Investment Analysis

12, Barat Daya, Penang

Median Price
RM 675,000
CAGR
-5.1%
Median PSF
RM 514.00
CAGR
-0.4%
Transactions
11
Period
2022-2024

ARENA SUITE @ THE ARENA in Barat Daya, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 675K and a median price per square foot (PSF) of RM 514.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 675K, with most transactions falling within a stable range of RM 626K to RM 724K, and a typical market range of RM 632K to RM 719K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 514, with most transactions between RM 489 and RM 539. The usual range is RM 488.50 to RM 539.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

11 found
Condominium/Apartment
RM 655,000
PSF: RM 525.00
Area: 1,249 sqft
Date: May 2024
Condominium/Apartment
RM 710,000
PSF: RM 569.00
Area: 1,249 sqft
Date: Nov 2023
Condominium/Apartment
RM 670,000
PSF: RM 537.00
Area: 1,249 sqft
Date: Oct 2023
Condominium/Apartment
RM 610,000
PSF: RM 489.00
Area: 1,249 sqft
Date: Sep 2023
Condominium/Apartment
RM 610,000
PSF: RM 489.00
Area: 1,249 sqft
Date: Jul 2023
Condominium/Apartment
RM 740,000
PSF: RM 513.00
Area: 1,442 sqft
Date: Jun 2023
Condominium/Apartment
RM 715,000
PSF: RM 573.00
Area: 1,249 sqft
Date: Mar 2023
Condominium/Apartment
RM 595,000
PSF: RM 477.00
Area: 1,249 sqft
Date: Mar 2023
Condominium/Apartment
RM 675,000
PSF: RM 514.00
Area: 1,313 sqft
Date: Mar 2023
Condominium/Apartment
RM 730,000
PSF: RM 556.00
Area: 1,313 sqft
Date: Aug 2022
Condominium/Apartment
RM 724,000
PSF: RM 502.00
Area: 1,442 sqft
Date: Feb 2022