ARENA RESIDENCE @ THE ARENA

ARENA RESIDENCE @ THE ARENA in Barat Daya, Penang recorded 2 subsale transactions in 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 625K to RM 725K, and a typical market range of RM 633K to RM 717K.

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 490 and RM 539. The usual range is RM 491.25 to RM 536.75, 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 25 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.