SkyArena, Air Panas

SkyArena (also known as Sky Arena) is a leasehold integrated office, residential & retail hub located in Air Panas, Jalan Genting Klang. It consists of Ascenda Residences and Bennington Residences. The built-up available at this project is 908 sf to 1,200 sf for apartment units. It was developed by SkyWorld Group (aka NTP World) with a launch price at around RM580 psf for apartment units, and was completed in about 2017.

SkyWorld Group (aka NTP World) is a medium-sized real estate group, and it has constructed around 8 real estate projects in Malaysia. Other similar projects by the same developer are Ascenda Residences, Bennington Residences, SkyAwani Residensi 1, SkyCity, SkyLuxe, SkyMeridien and SkyVogue.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
908 sf - 1,200 sf (Apartment)
Market Price
RM500,000 - RM620,000 (Apartment)
Density
-NA-
Completed In
2017
Launch Price
RM580 psf (Apartment)

This integrated office, residential & retail hub has many amenities nearby, for example schools, hospitals and universities. The following are some main schools here:

The current market prices for SkyArena are from RM500,000 to RM620,000 (about RM550 psf) for apartment units; while the monthly rentals are from RM1,500 to RM1,700 (about RM1.45 psf) for apartment units. The highest median price psf ever recorded was RM583 psf in Q2 2018 (Apartment); while the lowest one was RM534 psf in Q2 2019 (Apartment).

The current rental yield of SkyArena is 4.45% for apartment units. The highest rental yield ever recorded was 4.45% in Q2 2019 (Apartment); while the lowest one was 3.08% in Q2 2018 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at SkyArena for apartment units is 3-bedroom / 908 sf with a median price of RM550 psf. For price wise, the most expensive one is 3-bedroom / 908 sf with a median price of RM550 psf; while the cheapest one is 3-bedroom / 1,000 sf with a median price of RM500 psf.

Latest SkyArena for sale listings:

DateTypeBuilt-upPrice
14-Jun-19Condominium1,000 sfRM500,000
14-Jun-19Condominium1,000 sfRM435,000
14-Jun-19Condominium908 sfRM500,000
14-Jun-19Condominium1,100 sfRM580,000
13-Jun-19Condominium1,092 sfRM585,000
13-Jun-19Condominium1,200 sfRM578,000
04-Jun-19Condominium1,000 sfRM640,000
04-Jun-19Condominium1,150 sfRM499,000
30-May-19Condominium1,200 sfRM560,000
30-May-19Condominium1,300 sfRM660,000

Latest SkyArena for rent listings:

DateTypeBuilt-upRental
TodayApartment908 sfRM1,400
YesterdayRoom In Apartment-NA-RM500
15-Jun-19Condominium1,100 sfRM1,400
13-Jun-19Condominium908 sfRM1,650
12-Jun-19Room In Apartment-NA-RM550
10-Jun-19Room In Apartment-NA-RM550
08-Jun-19Condominium1,000 sfRM1,500
08-Jun-19Condominium1,400 sfRM1,500
08-Jun-19Condominium1,100 sfRM1,650
08-Jun-19Condominium1,200 sfRM1,900