The Arena is a new property project development located at Bayan Baru, Penang comprising Arena Residence and Arena Curve (retail shop).
The Arena Residence comes with four layout types with built-up area ranging from 1,250 to 1,450 sq.ft. There are six units in each floor. Every unit has 4-bedrooms and 2-bathrooms. The facilities at The Arena Residence include swimming pool, gym, BBQ Area and landscapes garden.
Property Project : Arena Residence
Location : Bayan Baru, Penang
Property Type : Condominium
Tenure : Freehold
Built-up Area : 1,250 - 1,450 sq.ft.
Developer : Golden Virtue Capital Sdn Bhd
172 comments
Overall this project is better than Elid.
how much per sqft ?
there are 2 blocks.. 1 is commercial title, another is residential.. the one with the residential title was selling from RM 360 per sqft..
the one wit residential title is only 6 units per floor...
too late guys..all sold out. need to wait for bumi or developer released. 460K for 1.3 sq ft, now should be higher liao
My guess, most of the buyers are speculators. If they need for own stay, they will go to subsale market.
At the same time, good response in new launch means,
1. subsale market buyer pool to dry out?
2. more people get into the speculative property market?
This is better than other apt around sunshine. Superb location. Prepare to buy bumi release or sub sale. :)
nice...
Anyone have any idea, the initial launching price for this project
Early bird package :
RM360psf, discount RM30k for 1250sqf & RM35k for 1450sqf. And free 1 cp.
That mean 420k (min) for 1250sqf & 487k (min) for 1450sqf.
8 blks of condo around that area. What will be the market response in that location in the next 3-4 yrs?
Good luck..
1) ~650 units from Elite Height - OC Q4 2013
2) ~700 units from D'piazza - available Q1 2011
3) ~650 units from Golden Triangle - OC Q4 2013
4) ~400 units from Arena Condo - OC Q3 2014
5) ~450 units from Idaman Iris - OC Q4 2013
total ~2850 units available for sale in just FIZ area. Do you think we will have 2.8k new family/fresh blood from FIZ factories within these 3 years? Looking at the hiring rate in FIZ companies, you and I are very sure on the answer.
(above have not count in couple new projects like Zan, riverside, Reflection)
In my opinion, i see it as major biogeographic shift towards this new Bayan Baru area.
Local 20s are buying for own stay and setting up a family here.
30s are is considering Bayan Baru area for size upgrade as previously the floor space in Relau, Sungai Ara and etc is very limited to accomodate their new family members and better lifestyle.
Then only left 40s and above is the investor segment.
In overall, i am quite positive with the devolopment in these areas back by fundamental support of own stay segment cum the retail/hotel setup in this area.
in my opinion,
local 20s ? just out for work 2 to 3years? how many will afford to buy for own stay giving the price hitting over RM300k a unit. too luxury and far for them to achieve that. unless you are talking about rich background local 20s (which will be countable).
30s? everyone know the bayan lepas economic area are supported by FIZ factories. In that age range, salary range will 5k to 8k. will they will to pay more for upgrade? Furthermore, the property prices is rocket high, whoever has house/apartment to stay will hardly willing to upgrade with such huge premium. Unless we are talking about biz ppl which 30s ages who their income are count in 10k to 20k range.
40s? yes, definitely they are the group with extra money and dunno where to put. they will buy and keep the properties. rough guess they formed up 25% of all buyers.
the rest - they buy just hope to gain money with weak financal foundation.
That's right! You got my point here.
I am the "victim" of this 20s group who work in an MNC for 5+ years prior managed to accquire a property here in Penang. We youngster do prefer new property rather than old one and best still if the location is near to the workplace plus comes along with the basic infrastructure such as, wet market, malay/chinese school, TNB, PPB, post office, Sunshine, Giant, eateries, mosque, retail and etc.
Taking this into consideration, i don't think we have much choices of location here.
Well, for 30s. Take my colleagues as example. They're acquiring. Very often it becomes a canteen/rest time topic in between them.
However, this is only my personal opinion. Please take it lightly.
Thanks!
Those who think it's not worth getting apt in bayan baru area. You can continue to wait loh :) anyway, u want to buy now also no more liao loh. Thank u for your concern though. Or was it rather spreading fear to people so that the property here will crash so that you can acquire? It's very normal for sour grapes to say things like that. But when subsale comes, they will be the first to want to buy because missing it last time. Hoho!
anyhow, will get a good response for those who would like to buy for own stay purposes. For investing will be lack of strong point as there will be more demand than supply in the next 3 yrs time. This is a blog - its free to discuss :)
response of sub-sales depends on quality finishing & other pulling factors like successful commercial/retails. all will drain down to competition among the surrounding projects - elit, d'piazza or arena.
Anyone knows about the maintainance fee?
the maintainance fee is around RM190...
RM190 is still reasonable for such a low density condo. I like the design & location, bu t too bad that it's already sold out.
near pisa, near sunshine, near the upcoming hotel, this is definately a good place to buy. waiting for bumi lot release. or anyone intend to release their unit? i want one too. its now 468K i heard, what a big miss since the early bird promo.
What is the BEST bank rate at this moment? Which bank is recommended? Please help
heard from friends there is an email to help consolidated information for those who interested in buy & sell Arena Residence. You may try on it arena.penang@gmail.com
fredphua, its not possible to buy and sell. if you have already got a unit, and decide to let go, need to return back to developer at a cost of max RM500 penalty on processing fee. Developer will handle the re-selling. anyone with success with that arena.penang gmail person, please verify :)
perhaps someone can check on the plan status and update here. Golden Triangle blog has very good updates and the info explains why there is no activities on site since project soft launched last year.
where was the launching date?why not heard have this info or advertise for this?
Not sure but its sold out. Wait for bumi lot. This is a good piece of property here.
how true is this, 420K for 1250 sf feet ?? i do not think so, pls do not speculate lar... how can it be so cheap
438K, who say 420?
i think is time to apply loan now, is any attractive bank loan package?? Can be share over here.
what's the bank offer now ?
BLR-2.5% for first year
BLR-2.4% thereafter
Thanks Jack !
Actually i already sign the offer with BLR-2.3%. Can i reject the offer then re-apply again ? Hope to hear your advise...
lee: which bank offer u ?
Hi, Jack :
I get the offer from AmBank...
Hi, Jack :
Actually i bought TGT and the offer from AmBank is BLR-2.3%. Since the offer for now is better, not sure any changes for me to reject and re-apply ?
Hi,Lee
The loan you applied is for TGT or Arena residence? I am not banker, just a buyer of Arena residence.
I believe the rate also depend of the amount that you are borrowing.
Hi Jack,
You applied loan for the Arena alrdy? Which bank u took?
Hi,Lyn
not yet, the developer said have to wait for the banker call.. you are the arena buyer?
strange, checked and not many bankers participating in this project.
Hi Jack,
Yea, am the buyer. The banker called me for loan application last few days. You want their contact to check out?
Hi Penang,
They have 3 panel banks: HSBC, Public bank & Affin bank.
where is the sales office?
Hi Jewel,
D'piazza shoplot there. Just in front of "Bao Xiang" bak kut teh there!
hi, lyn
You booked the Arena residential or commercial? As i know commercial can apply loan first, its faster than residential since commercial is 1st phase.
Mine is residential.
Thanks
Jack
thanks, Lyn.. is this project still available? trying to look out but not at the star property fair today
its sold out during unofficial launch, now should be >500K already.
hi property guy, 500K... for what unit size..
When will the project start and is the S&P signed?
1.3k
have anyone asked when project can start and complete? which other bank is providing loan apart from PBB. Check with other banks, they informed that got land issue and development unable to start so soon...
how much is the pricing now?
call up developer and ask?
hi,
anyone know what is the issue for the land?
I heard the bank said is due to advertising title, but dunno wat is the details and dunno when it can be solved.
how much is the selling price for this unit?
Today I walked in developer office the staff told me still pending land approval as government request them to build the bus interchange and footbridge link to PISA stadium. The project estimate to complete at 2015
Almost 1 year but still pending APDL approval? Another delayed project :(
Delay longer is okay as long as developer bears the interest. It is better for investment right?
After checked goverment website, this project had been rejected (refer below link) :(
http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=253667&S=S
I have call & check with the developer, they told me the status "BATAL" showed at the gov website is their 1st BP submission. The latest BP will included the community services which have requested by the council. Also have been informed PM has been approved recently.
Some more there is an increasing of the price if there have any available unit (unit declined by bank and return to developer).
SnP is still on track, and the price has gone up by 10% :) Which mean 1250sq ft for >500K. This is difinitely good news for buyers
any update now? heard that the project delay to mid of year
What update do you want? Have you tried calling the developer? Sometimes I do not understand why people are asking questions that they can get directly from the developer
the project must goes on..
need property guy to keep sharing.. else why are you keep give comment.. are you the agent ????
2nd submission just re-submit on 14-Feb. Is it been approved or not, answer is NOT SURE. Refer below link in detail.
http://www.epbt.gov.my/osc/Proj1_Info.cfm?Name=336330&S=S
Yeoh, why you so concern? You got a unit there ah?
property guy.. pls share most latest info...
Hi Property Guy,
Anything wrong that I sharing the info here? Or you only interested on those good news on this project?
Latest info, please call : 6431133
Application is approved.
http://www.epbt.gov.my/osc/Borang_info.cfm?ID=257126&NoForm=Form4
Of course it is approved. Sorry to those who are hoping for it to be cancelled :)
property guy.. I see you are in many forum here.. what is your intention.. to stir the property market causing those young ppl not able to buy house.?
agree with google.
We just want to use this forum to share the real update but not for your marketing or agent purpose.
If we can get the response from developer what's the point discuss here.
Information as approval can be obtained from developer. We need to question the intention of the person who say this project is cancelled. Trying to create panic?
I saw this "2. BUS INTERCHANGE 2 TINGKAT DAN OVERHEAD LINK WAY' TERMASUK KEMUDAHAN LAIN DI ATAS LOT 12999 & LOT 13514".. May i know what does this mean? Will have the bus interchange? I heard developer's office girl said they will build a OVERHEAD LINK WAY from Arena residence to PISA. Is that true?
yes, there's bus interchange and overhead link way to pisa
sofa, you booked a unit in arena?
yes, arena suite
Serious buyer, i'm looking for residential title with 1,250sqf. If someone would like to release their unit, please email : hiddenbell@yahoo.com
whats your offer?
hi property guy, could you please email your phone no. i might call you, as i not often read the comments in apartment-penang website. Many thanks.
Property guy, do you have unit on hand ?
Thats still couple unit left from developers .. The office just located at D'pizza (beside Home cafe)
There's no more unit available. Except bumi lots. Current price is 520K for 1300sqft (400/sqft)
Hi guys, Last week i have check with developer, the bumi lot also sold out already. Anyway, Thank you very much for your information.
Impossible, you can not release bumi lot until 70-80% completion, but its good to know current price is 520k
520k is for residential title? How about commercial title 1250sq
Call up developer, they have full pricing
Hi property guy.. please stop stir the water here...
Stir what water? I was informing peoples with information that I know. 400 per sqft is market price. further info, pleas call developer
Property Guy, stop the nonsence. 400psft if you want, I sell to you?
Please ask the developer, that is what they said. I am waiting for their bumi release too.
hi property guy... why you stop stir the water here but went to other forums to stir here and there...
how much do you want to buy ....
I want to buy their bumi release here. still waiting!
Got people offer 412500 for 1250 sq, is it worth for this price?
http://www.fullhouse.com.my/property-listing/arena-for-sale-897908
412K only? sure bor. you call n see
Already put up the board.
Hope Arena Management reconsider their car park design. Shouldn’t have front and back car park and this is very unfair for the people whom get it. Appreciated Arena Management able to benchmark one of project in Mount Eskine where they successful re-design and now non-longer have front and back car park.
Front and Back car park = 1 car park. This is very inconvenience to all the owner.
I sincerely hope Arena Management will do something to the owner whom get front and back car park. Please help
If commercial title must consider seriously before purchase. will be charged high Assessment Bill like 1World and 1World 2. Long term cost.....some RM2,400 - RM2,800 p.a. also uncertainty on rate of utility.
Agree with you Rambo Ong. Out of 151 car parks at level four, 50 car parks are design front and back (100 car parks). From this 50 car parks, 37 car parks facing the wall and need to reverse the second car in order to drive out the first car. Balance of 13 front and back car parks do not need to reverse their car. Some of 51 unit of SINGLE CAR PARK are reserve for Visitor (around 8 or 9 units), developer also keep some units for SALES! Not to mention reserved units by developer. Chances are slim for owners to get a good car park. 37 owners will be incovenience and 13 will be lucky for f/b design. Some owners might get single car parks for 2 units but I wonder how many? One unit of car park cost is more than 30K. All owners already drew their car park on 21 and 22 December for Tower 1 (residental title).
Cannot sell until OC obtained, according to Golden Virtue Capital
Facebook page for arena, please search “arena residences” or https://www.facebook.com/pages/Arena-Residences-Penang/508314949288542
anyone what to let go the residential title unit?
Golden Virtue Capital does not allow owners to sell until OC obtained. I guess need to wait until Dec 2015,
least hold or free hold?
Freehold
24 floor...free hold
Dear Owners, i have buyer interesting house in Arena Residence tower 1, please call or msg to me when you want to let go your units.. thank you
Felicia here 0124069608
how is the maintenance? any units and whats the price now?
1 car park is council guideline. Additional car park is for free. If you are getting side by side car park, considered you are strike toto. Furthermore, developer did mentioned at early stage. Anyway front/back car park is better than parking your outside the building in term of safety.
Dear Owners of Arena Suite,
I am one of the buyers of the Arena Suite.
As we are now aware, buyers of the Arena Suite need to pay GST for the remaining 25% of the balance price still not released to the GVC.
I am trying to get support from all buyers of Arena Suite to have a discussion session with GVC management regarding the GST matter. I have managed to get a VIP to be our mediator.
But I know only limited contact of owners. I hope you can help me share this to the other owners of Arena Suite whom you know, pls kindly inform them to join in the discussion. The meeting date and time to be determined, but asap once our VIP inform us.
Pls contact me @@@ arenasuite2015@gmail.com.
Thanks.
Can existing owner verify which block/tower is under residential title and which is under commercial title? Also, how to differentiate the block/tower (is it based on layout, or sqft)? Many thanks in advance.
Dear Arena Suit Owner, please contact darren for discuss about arena suite GST issue. he managed to get MP so set up a meeting with GVC. We still lack of owner number to held this meeting. If you have know any owner pls help inform and email to arenasuite2015@gmail.com
Arena tower 1 high floor 680k
Arena tower 2 middle floor 650k (5units)
Arena tower 2 high floor 600k
Interested kindly contact Felicia 012-4069608
Thanks
Hi Felicia Poh, based on your expertise, may I ask which tower is under residential title?
Any owner want to let go or rent out your unit?
Do contact me at 011-27073711
Cody
Thanks
www.facebook.com/penangpropertiesisland
Ong Yong Ming,
Who is Darren and what is the contact? I'm one of tge owner of Arena Suite.
Hi owner, Pls contact me if you have any Tower 1 unit letting go. Direct owner only!
+6012-4011699
Hi owner, Pls contact me if you have any unit letting go. Direct OWNER only!
+6012-4011699 Chua
Dear Owner, if you would like to let or sell off your unit, here is my contact number below.
Best regards,
Clovis Chew
016-496 3110
Has this project already obtain OC? What is the price now?
Hi Owner , if you wan to let go ur unit , kindly contact me...
Florence Lee 0164226599
Hi Sir/Madam,
I am really interested buy a unit and kindly contact me if you have any unit letting go. (prefer Direct OWNER)
Andy 0164100624
Dear owner,
I am looking for a unit. Kindly contact me if you would like to let go yours. Thank you.
Teoh 018-7743911
Anyone would like to sell this unit? I want below 10th floor. I am the buyer which want to purchase. Please contact me ASAP before 15th October. My Contact number is 0102314541
hi ,Sir/Madam
hi owner, if ur unit want to rent or sale pls let me know
any property FACTORY/SHOP/LANDED/super CONDO/ or other....
pls sent more details...to
+6016 441-0885 Shawn / +6012 403-8836 Terry
thanks you.
Hi Owner,
If you have unit would like to sell, please call me and my contact no. is 016-4878279, BC Hwa.
Thanks.
Hi Owner ,
I have tenant looking for Arena, if you are interested to rent out your unit there...kindly contact me.
Lee 0164226599
Dear Owners/Buyers/Tenants,
I have various of units regarding Arena Residence @Bayan Baru.
I have units for SALE & for RENT. Interested buyers/tenants please do not hesitate to contact me for viewing & inquiries. Thank you.
Thanks & best regards,
Teh 010-2674955
Call/SMS/Whatsapp
Working hours: Mon-Sun / 8am-10pm
Any owner wan to sell plz msg me...prefer direct owner...0143496955
Dear Owner who intend to sell or rent out ur unit,, pls whatsapp detail to no. 0164910072 or contact 0129356228 ..K Y Lee agent.. Thanks.. Have a nice day...
Dear owner,
Congratulations for bought this condo!!! I’m serious buyer and looking for a 1450 sqft unit in Arena residence for own stay. Please let me know your offer price and floor if you willing to let go your unit. Thank you.
Contact : kheeliam80@gmail.com
LOOKING FOR 1250sf WITH 2 CAR PARK
PLEASE PROPOSE TO ME
0107947535
I am instereted buyer for on stay. Pls call me YEAP 0195667531 . Tq.
House to Let.
anyone interested pls whatsapp 0134807228 (no call attend ).
1 unit. Face swimming pool. 1250sqft. 2 carpark.
dear owner, just want to confirm – 1300sqft & 1450sqft are residential title. 1250sqft all are commercial title. is this a correct assumption? many thanks.
Refer to your Question. 1300 Sqft & 1450 sq ft are residential title. 1250 Sqft is commercial title. But both also are using same facilities & utility is the same as luxury condominium.
Are you referring the Utility Bill Charges ? both oso the same as luxury condo charges ( also charge as residential usage ) nothing different.
Unit To Rent
2 car park side by side. High floor. Pool View. 1250sqft. Contact : 0134807228 Watsapp. ( Owner ) Negotiable.
It seems like we have more agents here than owner. Is the market really that bad nowadays?
Unit To Rent
High floor. Pool View. 1250sqft.& 1600 sqft Contact : 0134807228 Watsapp.
(Owner) Negotiable. This is Direct owner. Not Agent. Pls note.
Looking to buy 1450 sq ft type, above 20th floor.
I want to buy direct from owners.
Interested to sell, contact Wendy 016 482 9909
Arena Residence for sale RM 755 k
- 1450sqf
- High Floor
- Face sPICE
- 2 cars park
Hi, Interested Please contact or Whatsapp me 0164704702 (real estate agent), thanks
Dear owner, if ur unit want to rent or sell pls let me know
any property FACTORY/SHOP/LANDED/super CONDO/ or other....
pls sent more details...to
010-3708672 behyiwei@hotmail.com
whatsapp and wechat
thanks you.
Dear Owner, I m looking for a unit at Arena Residential for my own stay. prefer 25th floor onwards and facing stadium.
Please email me at jlee1308@yohoo.com
Thank you
Gangster Contractor Reported 2016.
ARENA Residence developer ( Ideal property & golden victual ) management allowed the " TUNAS Muda Koperasi & Lipway Décor set up the office & table as " gangster contractor to force the owner & tenant to use their contractor as well as stopped the tenant to ship in their furniture need to pay RM 1500 for them. Not only that, they demanded the property agency to RM 5k for bring in and selling these property. Police report is lodge. Owner or anyone pls informed dare to lodge in Police look for Sarjan Azmi @ Bayan Lepas Police Station to get protection.
Owner from Arena being threaten.
Hi Arena Owner,
Fyi, between child pool and adult pool without gate/ fancing, child may fall into adult pool when child walk across that area. Arena Owner kindly help to raise a complain form to enhance security for child. From here, i need more people to support and raise this form. So that management only will consider and add on fancing gate besides swimming pool. Thanks
I am interested to buy a unit at Arena Residence/Suites for own use with cheapest price. Please contact me. No agent please. sophietay@hotmail.com
Hi Owner,
I have ready buyer looking or Arena Residence 1300sf or 1450sf. Please call or whatsapp me at 0125560008. I am agent. Thanks
We are looking for Arena to buy. Those who are serious to sell, kindly contact us asap at vitedge@gmail.com. Thanks in advance
Dear owner,
I am looking for a unit at Arena Residence. Please email me at catzi99@gmail.com ( direct owner only) Thanks.
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
Hi owners,
I am interested in buying 1250st unit at Arena Residence. Please email me at warrensohlo@gmail.com for further discussion.
No agent please. TQ.
Few unit on hand !!!
For sale RM600K
For rent RM1300pm
Kindly contact Jaycus 0172262899
serious buyer here..
prefer direct owner.
pls contact Peggy 0195709980.
im serious buyer looking for unit no.3 and 3a.
prefer deal with direct owner. pls contact wong at 0124209868
Genuine buyer, want to buy before end of the year, ~$600k, pls call 0124972866, prefer direct owner.
Genuine buyer, want to buy before end of the year, ~$600k, pls call 0124972866, prefer direct owner.
Selling 1300sf residential title unit for rm730,000
Darren 0124771515
I have some units for sale. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798.
Price Range from 600k to 800k . Original and Renovated Unit Available.
Rental Range from 1.2k to 1.8k.
Will try my best to negotiate for u. TQ and have a nice day.
Arena Residence for sale:
* Brand New Condo
* OC Obtained
* High Floor
* Partially Renovated
* 1300sf
* 2 car parks
* Residential Title
* Facing pisa
* Asking Rm 720k Nego
For more information or To view the unit, kindly call Kevin 017 4987068
I have some units for sale. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798.
Price Range from 600k to 800k . Original and Renovated Unit Available.
Rental Range from 1.2k to 1.8k.
Will try my best to negotiate for u. TQ and have a nice day.
I'm looking to buy the unit, direct owner please email me at keeve.soo@gmail.com
Looking for unit with 2 car parks for own stay. Direct owner interested to let go pls email: aternent999@gmail.com.
anyone know why price drop for arena?
is it due to the cosmopoint college hostel now in arena? Is it very noisy?
Arena Residence
1250sf
Partially Furnished
2cp
RM1400 per month
Interested Contact Jeslyn Lee 0124730417
Serious buyer looking for 1450SF. Only want unit with min 2 parking lot that can drive out separately. Pls email to suntzuone@yahoo.com with asking price, level,unit #, no of car park. Tks
Arena Residence for sale
- 1250sf
- high floor
- 2 car park
- original
kindly contact me for more detail n view...
Hong 012 - 588 9533
Today Properties
** More listing & detail pls visit my website **
** www.jeraldooi.com **
I'm Khor here from Mansion properties housing agent.
arena residence
1450sf
4 car parks
price rm840k
arena commercial title
1250sf
rm610k, rm630k
7,9, 25 floor want for sale.
welcome to call 012-5503543 khor( register housing agent)
Specialist here.
Few units on hand for sale or for rent.
For Enquiries/Viewing Pls contact:
Gary Chen 01151013218
Email : garywhchen@gmail.com
Welcome to all Owners / Buyers / Tenants to
advertise / enquiry about any properties at
Penang.
Arena Residence
The buildings have been supercharged! TIME Fibre Home Broadband up to 1000Mbps is now yours for the taking.
Submit your location, check providers availability and apply instantly with us.
OR WhatsApp / text / call 0122992092
Our Specialist will contact you.
For RENT!!! Arena Residence ,Fully Furnished
*** Located at Bayan Baru
*** 1300 sqft
*** 4 Bedrooms 2 Bathrooms
*** Fully Furnish
*** Fully Renovated
*** 2 Car park
For more information and detail can kindly contract me Yun Ching 010-3854023
I can provide you some unit photo .