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
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Arena Residence @ The Arena
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM722,500
RM524 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 2 subsale transactions in 2022, with a median price of RM723K and a median price per square foot (PSF) of RM524.
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 RM723K, with most transactions falling within a stable range of RM665K to RM780K, and a typical market range of RM671K to RM774K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM524, with most transactions between RM506 and RM541. The usual range is RM500.84 to RM546.34, showing that most units are priced quite close to each other. A typical spread (IQR) of RM45.50 and an average deviation (MAD) of RM17 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.