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 13 real estate projects in Malaysia. Other similar projects by the same developer are Ascenda Residences, Bennington Residences, SkyAwani 1, SkyAwani 2, SkyAwani 3, SkyAwani 4, SkyCity, SkyLuxe, SkyMeridien and SkySierra.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
908 sf - 1,200 sf (Apartment)
Market Price
RM430,000 - RM520,000 (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 rental yield of SkyArena is 4.0% 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 RM500 psf. For price wise, the most expensive one is 3-bedroom / 908 sf with a median price of RM500 psf; while the cheapest one is 3-bedroom / 1,000 sf with a median price of RM430 psf.

Latest SkyArena for sale listings:

DateTypeBuilt-upPrice
2 Jul 2020Condominium1,152 sfRM550,000
2 Jul 2020Condominium1,152 sfRM550,000
22 Jun 2020Condominium850 sfRM480,000
27 Jun 2020Condominium1,180 sfRM550,000
26 Jun 2020Condominium908 sfRM445,000
26 Jun 2020Condominium908 sfRM580,000
25 Jun 2020Condominium908 sfRM430,000
15 Jun 2020Penthouse1,200 sfRM650,000
9 Jun 2020Condominium908 sfRM450,000
10 May 2020Condominium1,283 sfRM700,000

Latest SkyArena for rent listings:

DateTypeBuilt-upRental
3 Jul 2020Room In Apartment-NA-RM510
3 Jul 2020Room In Apartment-NA-RM500
22 Jun 2020Condominium908 sfRM1,600
29 Jun 2020Condominium1,100 sfRM1,650
29 Jun 2020Condominium1,100 sfRM1,900
29 Jun 2020Condominium1,000 sfRM1,700
1 Jul 2020Room In Apartment-NA-RM750
1 Jul 2020Room In Apartment-NA-RM380
26 Jun 2020Condominium1,100 sfRM1,900
19 Jun 2020Room In Apartment-NA-RM450
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