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.

Property Type
Integrated Mall, Office & Residential
Land Tenure
640 sf - 1,450 sf (Condominium)
Market Price
RM360,000 - RM740,000 (Condominium)
Total Units
Completion Date
Launch Price
RM580 psf (Condominium)

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

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:

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 Studio / 1,098 sf with a median price of RM460 psf.

Latest SkyArena sale listings:

DateProperty TypeBuilt-upPrice
29 Aug 2023Condominium1,000 sfRM500,000
2 Aug 2023Condominium1,450 sfRM660,000
12 Jul 2023Condominium1,570 sfRM780,000
7 Jul 2023Condominium1,200 sfRM560,000
6 Jul 2023Condominium1,700 sfRM800,000
3 Jul 2023Condominium1,700 sfRM800,000
14 Feb 2023Condominium908 sfRM480,000
15 Dec 2022Apartment1,238 sfRM459,300
9 Dec 2022Condominium1,700 sfRM800,000
7 Dec 2022Condominium1,700 sfRM800,000

Latest SkyArena rental listings:

DateProperty TypeBuilt-upRental
TodayCondominium904 sfRM1,500
TodayCondominium1,000 sfRM2,700
17 May 2023Apartment1,400 sfRM1,200
17 May 2023Condominium1,300 sfRM1,100
17 May 2023Condominium1,300 sfRM1,150
17 May 2023Condominium1,400 sfRM1,300
17 May 2023Condominium1,400 sfRM1,200
10 May 2023Apartment1,400 sfRM1,300
21 Nov 2022Condominium1,000 sfRM1,700
18 Nov 2022Condominium908 sfRM1,700
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