SkyArena, Air Panas
SkyArena (also known as Sky Arena) is a leasehold integrated mall, office & residential hub that is located in Air Panas, Jalan Genting Klang. It consists of Ascenda Residences and Bennington Residences.
The built-up available at this property is 640 sf to 1,450 sf for condominium 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.
This integrated mall, office & residential hub has some amenities nearby, for example, schools and hospitals. The following are some of the main schools here:
- Marian Convent Primary School
- SA Rakyat Al Jamaiyah
- SMK (P) Air Panas
- Wangsa Maju Chinese Primary School
As for hospitals, there are Columbia Asia Hospital and Hospital Bersalin.
The current rental yield of SkyArena is 4.57% for condominium units. The highest rental yield ever recorded was 4.73% in Q4 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:
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 Studio / 1,098 sf with a median price of RM460 psf.
Latest SkyArena sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 29 Aug 2023 | Condominium | 1,000 sf | RM500,000 |
| 2 Aug 2023 | Condominium | 1,450 sf | RM660,000 |
| 12 Jul 2023 | Condominium | 1,570 sf | RM780,000 |
| 7 Jul 2023 | Condominium | 1,200 sf | RM560,000 |
| 6 Jul 2023 | Condominium | 1,700 sf | RM800,000 |
| 3 Jul 2023 | Condominium | 1,700 sf | RM800,000 |
| 14 Feb 2023 | Condominium | 908 sf | RM480,000 |
| 15 Dec 2022 | Apartment | 1,238 sf | RM459,300 |
| 9 Dec 2022 | Condominium | 1,700 sf | RM800,000 |
| 7 Dec 2022 | Condominium | 1,700 sf | RM800,000 |
Latest SkyArena rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| Today | Condominium | 904 sf | RM1,500 |
| Today | Condominium | 1,000 sf | RM2,700 |
| 17 May 2023 | Apartment | 1,400 sf | RM1,200 |
| 17 May 2023 | Condominium | 1,300 sf | RM1,100 |
| 17 May 2023 | Condominium | 1,300 sf | RM1,150 |
| 17 May 2023 | Condominium | 1,400 sf | RM1,300 |
| 17 May 2023 | Condominium | 1,400 sf | RM1,200 |
| 10 May 2023 | Apartment | 1,400 sf | RM1,300 |
| 21 Nov 2022 | Condominium | 1,000 sf | RM1,700 |
| 18 Nov 2022 | Condominium | 908 sf | RM1,700 |