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 1,100 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 - 1,100 sf (Apartment)
Market Price
RM520,000 - RM590,000 (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 RM520,000 to RM590,000 (about RM500 psf) for apartment units; while the monthly rentals are from RM1,500 to RM1,700 (about RM1.50 psf) for apartment units. The highest median price psf ever recorded was RM583 psf in Q2 2018 (Apartment); while the lowest one was RM528 psf in Q1 2019 (Apartment).

The current rental yield of SkyArena is 3.62% for apartment units. The highest rental yield ever recorded was 3.62% in Q1 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 / 1,100 sf with a median price of RM500 psf. For price wise, the most expensive one is 3-bedroom / 1,000 sf with a median price of RM590 psf; while the cheapest one is 3-bedroom / 1,100 sf with a median price of RM500 psf.

Latest SkyArena for sale listings:

DateTypeBuilt-upPrice
16-Feb-19Condominium1,125 sfRM592,000
16-Feb-19Condominium1,100 sfRM508,000
16-Feb-19Condominium1,100 sfRM680,000
16-Feb-19Condominium1,100 sfRM670,000
16-Feb-19Condominium1,000 sfRM590,000
16-Feb-19Condominium1,150 sfRM558,000
16-Feb-19Condominium908 sfRM530,000
16-Feb-19Condominium1,000 sfRM590,000
16-Feb-19Condominium908 sfRM530,000
16-Feb-19Condominium1,100 sfRM650,000

Latest SkyArena for rent listings:

DateTypeBuilt-upRental
TodayApartment908 sfRM1,400
16-Feb-19Condominium1,200 sfRM2,500
16-Feb-19Condominium1,100 sfRM1,550
13-Feb-19Room In Apartment-NA-RM600
12-Feb-19Room In Apartment-NA-RM450
12-Feb-19Room In Apartment-NA-RM600
12-Feb-19Condominium1,100 sfRM1,599
12-Feb-19Condominium1,100 sfRM1,600
12-Feb-19Condominium1,000 sfRM2,100
12-Feb-19Condominium1,200 sfRM1,700