Penang
Barat Daya
12
ARENA RESIDENCE @ THE ARENA

ARENA RESIDENCE @ THE ARENA

Area Intelligence

2023

Median Price

RM 655,000

PSF: RM 499

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Residential PSF Trends

Median Price

RM 655,000

PSF: RM 499

ARENA RESIDENCE @ THE ARENA in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM 655K and a median price per square foot (PSF) of RM 499.

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 655K, with most transactions falling within a stable range of RM 640K to RM 701K, and a typical market range of RM 640K to RM 697K.

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

For price per square foot, the median is RM 499, with most transactions between RM 487 and RM 511. The usual range is RM 476.25 to RM 521.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.50 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.

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.

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ARENA RESIDENCE @ THE ARENA, Barat Daya, Penang

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 745,000

Level 9

1,442 sqft • RM 517.00 PSF

Mar 2023

RM 655,000

Level 29

1,313 sqft • RM 499.00 PSF

Feb 2023

RM 640,000

Level 29

1,313 sqft • RM 487.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 9	RM 745,000	RM 517.00	1,442 sqft	Mar 2023	Condo/Apartment
Level 29	RM 655,000	RM 499.00	1,313 sqft	Feb 2023	Condo/Apartment
Level 29	RM 640,000	RM 487.00	1,313 sqft	Jan 2023	Condo/Apartment