Arena Residence is a uniquely designed serviced apartment located within a central position in Bayan Baru within walking distance to the Penang Sports Arena. Inspired by the ancient Roman amphitheatre, this serviced apartment will offer retail outlets on the ground floor of the development. It is accessible via Jalan Sultan Azlan Shah and public transportation such as buses and taxis within the vicinity.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Arena Residence | 2015 |
RM550,000
-
RM899,000
RM 440 psf - RM 620 psf |
RM1,300 - RM1,300 | NIL | 3.15 % |
| Olive Tree Residences | Dec 2015 |
RM730,000
-
RM1,200,000
RM 426 psf - RM 645 psf |
RM2,200 - RM2,200 | NIL | 3.09 % |
| Jambul Heights | Oct 2015 |
RM500,000
-
RM988,000
RM 349 psf - RM 495 psf |
RM2,800 - RM2,800 | NIL | 4.52 % |
| Promenade Residence | 2015 |
RM390,000
-
RM980,000
RM 400 psf - RM 612 psf |
RM1,300 - RM1,300 | NIL | 2.88 % |
| Arena Curve | 2015 | NIL | From RM1,500 | NIL | NIL |
| Elit Heights | 2014 |
RM498,000
-
RM1,930,000
RM 344 psf - RM 742 psf |
RM850 - RM850 | NIL | 2.82 % |
| One Precinct | Nov 2013 | RM460,000 - RM880,000 | RM950 - RM3,000 | NIL | 3.54 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | RM 770 psf |
| 500 - 1,000 SQ. FT | RM 610 psf | RM 325,833 psf | RM 441 psf |
| 1,000 - 1,500 SQ. FT | RM 463 psf | RM 472,500 psf | RM 625 psf |
| 1,500 - 2,500 SQ. FT | RM 452 psf | - | RM 400,413 psf |
| 2,500 - 4,000 SQ. FT | RM 351 psf | RM 1,497,600 psf | - |
| 4,000 SQ. FT and above | - | RM 1,141,000 psf | - |
Note:
| Down Payment (10%) | RM 43,000 |
| Loan Amount ( 90 %) | RM 387,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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