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 |
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Selling in The Arena? Homes here sold for a median of RM727,000.
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The Arena
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
Market Snapshot
ResidentialRM727,000
RM529 psfMedian transaction price
The Arena, Jalan Mahsuri, Bayan Baru, 11900 Bayan Lepas, Penang, Malaysia
MapsThe Arena in Barat Daya, Penang recorded 2 subsale transactions in 2022, with a median price of RM727K and a median price per square foot (PSF) of RM529.
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 RM727K, with most transactions falling within a stable range of RM724K to RM730K, and a typical market range of RM724K to RM730K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM529, with most transactions between RM502 and RM556. The usual range is RM503.42 to RM554.42, showing that most units are priced quite close to each other. With an IQR of RM51.00 and MAD of RM27, 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.