Arena Residence @ The Arena
72-2-3A, Jalan Mahsuri, Bandar Sunway Tunas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
72-2-3A, Jalan Mahsuri, Bandar Sunway Tunas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 29
|
RM 655,000
|
RM 499
|
1,313 sqft
|
|
|
|
Level 29
|
RM 640,000
|
RM 487
|
1,313 sqft
|
|
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Market Snapshot
ResidentialRM 655,000
RM 499 psfMedian transaction price
72-2-3A, Jalan Mahsuri, Bandar Sunway Tunas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsArena 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 706K.
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 476.03 to RM 521.53, 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.