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.
This integrated office, residential & retail hub has many amenities nearby, for example schools, hospitals and universities. The following are some main schools here:
- Jalan Ayer Panas Primary School
- Marian Convent Primary School
- SA Rakyat Al Jamaiyah
- SMK (P) Air Panas
- Setapak High School
- Wangsa Maju Chinese Primary School
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:
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:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 14-Jun-19 | Condominium | 1,000 sf | RM500,000 |
| 14-Jun-19 | Condominium | 1,000 sf | RM435,000 |
| 14-Jun-19 | Condominium | 908 sf | RM500,000 |
| 14-Jun-19 | Condominium | 1,100 sf | RM580,000 |
| 13-Jun-19 | Condominium | 1,092 sf | RM585,000 |
| 13-Jun-19 | Condominium | 1,200 sf | RM578,000 |
| 04-Jun-19 | Condominium | 1,000 sf | RM640,000 |
| 04-Jun-19 | Condominium | 1,150 sf | RM499,000 |
| 30-May-19 | Condominium | 1,200 sf | RM560,000 |
| 30-May-19 | Condominium | 1,300 sf | RM660,000 |
Latest SkyArena for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Apartment | 908 sf | RM1,400 |
| Yesterday | Room In Apartment | -NA- | RM500 |
| 15-Jun-19 | Condominium | 1,100 sf | RM1,400 |
| 13-Jun-19 | Condominium | 908 sf | RM1,650 |
| 12-Jun-19 | Room In Apartment | -NA- | RM550 |
| 10-Jun-19 | Room In Apartment | -NA- | RM550 |
| 08-Jun-19 | Condominium | 1,000 sf | RM1,500 |
| 08-Jun-19 | Condominium | 1,400 sf | RM1,500 |
| 08-Jun-19 | Condominium | 1,100 sf | RM1,650 |
| 08-Jun-19 | Condominium | 1,200 sf | RM1,900 |