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 640 sf to 1,450 sf for condominium units and 400 sf for SOHO units. It was developed by SkyWorld Group (aka NTP World) with a launch price at around RM580 psf for condominium units, and was completed in about 2017.

SkyWorld Group (aka NTP World) is a medium-sized real estate group, and it has constructed around 16 real estate projects in Malaysia. Other similar projects by the same developer are Ascenda Residences, Bennington Residences, SkyAwani 1, SkyAwani 2, SkyAwani 3, SkyCity, SkyLuxe, SkyMeridien, SkySanctuary and SkySierra.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
640 sf - 1,450 sf (Condominium)
400 sf (SOHO)
Market Price
RM360,000 - RM710,000 (Condominium)
Density
-NA-
Completed In
2017
Launch Price
RM580 psf (Condominium)

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

As for hospitals, there are Columbia Asia Hospital and Hospital Bersalin.

The current rental yield of SkyArena is 3.95% for condominium units. The highest rental yield ever recorded was 4.85% in Q1 2022 (condominium); while the lowest one was 2.99% in Q3 2018 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at SkyArena for condominium units is 3-bedroom / 908 sf with a median price of RM510 psf. For price wise, the most expensive one is 2-bedroom / 640 sf with a median price of RM570 psf; while the cheapest one is 4-bedroom / 1,450 sf with a median price of RM490 psf.

SOHO Layouts

Lastly, the most popular layout and size (built-up) combination at SkyArena for SOHO units is Studio / 400 sf with a median rental of RM2.25 psf. For rental wise, the most expensive one is Studio / 400 sf with a median rental of RM2.25 psf; while the cheapest one is Studio / 400 sf with a median rental of RM2.25 psf.

Latest SkyArena for sale listings:

DateTypeBuilt-upPrice
13 May 2022Condominium908 sfRM480,000
1 Apr 2022Condominium1,238 sfRM452,000
22 Mar 2022Condominium1,238 sfRM452,000
23 Mar 2022Apartment1,238 sfRM452,000
7 Mar 2022Condominium908 sfRM465,000
1 Mar 2022Condominium1,238 sfRM502,200
17 Feb 2022Condominium1,238 sfRM502,200
18 Feb 2022Apartment1,238 sfRM502,200
8 Feb 2022Condominium904 sfRM382,500
4 Feb 2022Condominium904 sfRM382,500

Latest SkyArena for rent listings:

DateTypeBuilt-upRental
TodayApartment908 sfRM1,450
23 Aug 2022Condominium225 sfRM2,000
15 Aug 2022Condominium1,000 sfRM1,500
9 May 2022Condominium908 sfRM1,400
24 Jan 2022Apartment Room-NA-RM100
20 Jan 2022Condominium1,248 sfRM2,500
16 Jan 2022Condominium1,200 sfRM2,800
15 Jan 2022Condominium908 sfRM1,800
14 Jan 2022Studio400 sfRM900
13 Jan 2022Condominium1,150 sfRM1,600
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