The Arena
Jalan Mahsuri, Bayan Baru, 11900 Bayan Lepas, Penang, Malaysia
Jalan Mahsuri, Bayan Baru, 11900 Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 15
|
RM 655,000
|
RM 525
|
1,249 sqft
|
|
|
|
Level 10
|
RM 710,000
|
RM 569
|
1,249 sqft
|
|
|
|
Level 19
|
RM 670,000
|
RM 537
|
1,249 sqft
|
|
|
|
Level 14
|
RM 610,000
|
RM 489
|
1,249 sqft
|
|
|
|
Level 14
|
RM 610,000
|
RM 489
|
1,249 sqft
|
|
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Market Snapshot
ResidentialRM 662,500
RM 519 psfMedian transaction price
The Arena, Jalan Mahsuri, Bayan Baru, 11900 Bayan Lepas, Penang, Malaysia
MapsThe Arena in Barat Daya, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 663K and a median price per square foot (PSF) of RM 519.
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 663K, with most transactions falling within a stable range of RM 615K to RM 710K, and a typical market range of RM 619K to RM 706K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 519, with most transactions between RM 491 and RM 547. The usual range is RM 493.32 to RM 544.32, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 28, 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.