The Arena
Jalan Mahsuri, Bayan Baru, 11900 Bayan Lepas, Penang, Malaysia
Jalan Mahsuri, Bayan Baru, 11900 Bayan Lepas, Penang, Malaysia
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Market Snapshot
ResidentialRM 675,000
RM 514 psfMedian transaction price
The Arena, Jalan Mahsuri, Bayan Baru, 11900 Bayan Lepas, Penang, Malaysia
MapsThe Arena in Barat Daya, Penang recorded 0 subsale transactions in 2026, 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 626K to RM 724K, and a typical market range of RM 632K to RM 719K.
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 489 and RM 539. The usual range is RM 488.50 to RM 539.50, showing that most units are priced quite close to each other. With an IQR of RM 51.00 and MAD of RM 25, 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.