Penang
Barat Daya
12
ARENA CURVE @ THE ARENA

ARENA CURVE @ THE ARENA

Area Intelligence

2024

Median Price

RM 594,000

PSF: RM 521

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 594,000

RM 521 PSF

ARENA CURVE @ THE ARENA in Barat Daya, Penang recorded 4 subsale transactions in 2024, with a median price of RM 594K and a median price per square foot (PSF) of RM 521.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 521, with most transactions between RM 521 and RM 521. The usual range is RM 165.66 to RM 876.66, showing that most units are priced quite close to each other. With an IQR of RM 711.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

Loading map...

ARENA CURVE @ THE ARENA, Barat Daya, Penang

OSM