Area Intelligence

ARENA SUITE @ THE ARENA

2 properties
2022
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Median Price
RM 727,000
PSF: RM 529

Residential Market

Median Price

RM 727,000

IQR: RM 51
MAD: RM 25
RM 529 PSF 0.4%

PSF Trends (2021-2025)

ARENA SUITE @ THE ARENA in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM 727K and a median price per square foot (PSF) of RM 529.

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 727K, with most transactions falling within a stable range of RM 724K to RM 730K, and a typical market range of RM 724K to RM 730K.

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

For price per square foot, the median is RM 529, with most transactions between RM 502 and RM 556. The usual range is RM 503.50 to RM 554.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 27, 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.

Area Location

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ARENA SUITE @ THE ARENA, Barat Daya, Penang

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Transactions

2 properties grouped by size

1,300 sqft
1 units Condo/Apartment
RM 730,000
1,313 sqft · RM 556.00 PSF
Aug 2022
1,450 sqft
1 units Condo/Apartment
RM 724,000
1,442 sqft · RM 502.00 PSF
Feb 2022