ARENA – Bayan Baru
ARENA place of pride
The Arena’s overall design is inspired by the ancient Roman amphitheater. Its unique architectural style is not only spectacular but also a breathtaking visual monument to meaningful design. It is destined to be a place of pride for owners and a landmark in Penang.
The Arena is a commercial center mirroring the courageous magnificence of the ancient Roman amphitheater. It is set to be a thriving business hub and an engine for commercial growth by gathering the leading lifestyle proponents under one roof.
This lifestyle building is sure to attract the best in food and beverage, retail, financial services, entertainment, leisure, beauty and fashion to make this the most high profile and popular lifestyle center.
Arena Curve’s unique design differs from the rest as the escalators are outside the building and shops her are given equal prominence to display their offerings to potential customers thereby promoting commercial opportunities and driving business growth.
Super luxurious executive suite, The Arena, takes this development to a whole new level with its unique architectural design to create a superior home environment for the discerning.
Location : Bayan Baru, Penang
Property Type : Commercial, Residential Suite
Developer : Golden Virtue Capital Sdn. Bhd.
Contributed by Reader – Nov/2013
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hi, any info. about exact location and price range ?
Condo of size ~1250 sqft
Price ~ <320 per sqft
how is the price compare to Elite project ?
I heard already sold out?
Sigh, yes this is sold out. It was sold out before launching. Launching still a few months down the road. Sold out when it only opened for registration. The queue started the day before and snapped up in half a day. People bought it like vegetables at wet market.
By the way, that was in early March.
Anyone has any idea about whether is this a LeaseHold or FreeHold Project?
@Dav;
it is free hold project with commercial ( block 1 ) & residential ( Block 2 ) title.
Hi purchaser,
is the developer call for S&P signing ?
Have you guys when go to GVC office? Do you know what happen to GVC office since number of employees leaving and just left front desk assistant?
Furthermore, developer is asking for S&P signing.
what happended ? i no dare to sign lo
@No Ideal
Between, have you sign S&P and apply loan?
I already apply the loan , but didnt get any revert about S&P matter
for buyer who booking for this project and not apply the loan yet, do call me coz our bank is one of the panel banker for this project and we offer attractive package for customer…
anis(019-3094517)
anis, trying to get some luck here..? Offer attractive package for this project..? haha.. you must be kidding.. The Developer got serious issues now and their project is on hold.. they dont have any update yet.. A bigbig risk!!! haha.. think before you buy. This developer dont have good record also..
What is the issue. I heard all units sold out, then what the developer has to worry then, just build n make their $$. Is the unit sold without APDL?
@ Baddeveloper,
what is holding the project ? Like BB mentioned, by right with such good response, it shouldn’t have much to worry from developer perspective.
Im not sure also.. went to their office.. their office got 3 persons only.. Ask regarding this project updates, they dont want to tell.. Just ask to wait… ask me to leave my hp num on the scrap paper.. i wanna know details about this too if can.. too bad they dont want to tell the reason..
One of my friend bought there too, he said developer said S & P will be ready soon within this month or Sept. But as u know, this kind of developer very pandai 1, let u sign S & P now but delay stamping.easy, so ur house wont get oc like normal project does.
i heard from my friend this developer is the one involved in auto city development? is it true?
Cant comment much.. Still no news.. i think the developer really having some big issues now..
I think the developer is not reliable. Don’t see any big advertise in newspaper (beside internet) about the project lunching. Be careful !!
I wanted to buy one but it is too late. Was told by the office staff that since early this year they already open for registration and also inform that the project will not immediately kick off…To me is a good location lo, it doesn’t matter, I wish to have one, WAITING IS NOT A BIG ISSUE TO ME…
@teapot, u are lucky not getting one… for this project, BAN BAN DAN (wait long long) lah…
Hi all,
Any news or comment about this project ? It is very quiet any there isn’t any progress at the site. Pls share if any of you hv any latest update !
‘No name’ developer, can gulung tikar and cabut anytime…
No problem, they cabut, will be taken over very soon by another developer, this is Penang Island!
Hahaha, sold-out means all SPA sign/stamped. Not book for fun. I think they mislead the word sold-out. Any news? Anyone have info regarding their BP approval and APDL? Without APDL, they can’t advertise or even have a launch
Any update on the project status? SnP stamped not?
My friend paid deposit for one unit for sooooo long ago, until now, belum sign SPA, money inside also cant earn interest.
Somemore, developer didnt update them what is the status.
Heard the land issues settle, very soon will need to sign S&P.
very soon will need to apply for loan..
Finally approved. Location wise I think one of the best in Bayan Baru. Since they are required to build an overhead bridge to PISA and bus interchange, the shoplots business should have brighter future because everyweek sure got exhibition there.
I personally don’t like to stay nearby bus station, crowded and noisy, and most likely will attract alot of foreign workers to stay there.
Hopefully the final product looks ok. Good luck.
yes, this is the best property in this area
i am so so with this condo quality. similar to halaman iris style.
the shoplots later probably flooded with foreign workers stay in relau..
yup. agree.
Commercial utility for residential house is an issue and it could end up like Birch Regency @ Penang Times Square.
Choose a place/ house without shop lot else it will be noisy.
Condo with commercial lots below usually yield higher return with the convinience around. That’s the trend in KL and the same thing is happening in Penang around us. Location wise this is one of the best in Bayan Baru area.
Many people dont like to have shoplots below their apartment one lar. You would never know what kind of shops will be opening their business there. You may think it will be good if got hawker centre downstair, wait till you smell the smog and hear the noise of the chatty people down there every night.
Not to mention there will be a rapid penang bus interchange. Have you been to bus interchange at Jetty, messy and dusty. Hehe…
agree with you wbk.
See the occupancy in Birch Regency. I prefer privacy and peace especially after hectic work hour.
@wbk
i agree with prop guy, best place with best price at this area. however, if bus interchange to be there, i doubt it’s serenity.
The Clovers in Sg Ara are selling at 400psf yet people still buying just because of low deposit payment regardless of it’s so so so location. Will be interesting to see the selling price of those booking cancelled units in Arena (if someone lost his/her mind to let it go).
those who didn’t buy, will say all sorts of bad things about this place
oh by the way, there will also be a hotel around this place right? i heard spsetia bought a buliding near pisa and going to convert it to something else. after dpiaza (which is so so quality), this is the only other place which is residential title. a lot of people are waitlisting for let-go unit.
@own stay
Next to sPICE wor, who wants to let go? The new plan still yet to come out right? I imagine the buyers have to cross the bus interchange to reach the overhead bridge, then sPICE. Visitors from sPICE also have to cross the overhead bridge, then bus interchange, before reach the shops? Just guessing. Anyone know?
bus interchange + road directly connected to Golden Triangle/Relau later, I bet there will also be monorail station if there is a plan…May be good for the shoplots but not a peaceful living place. Somemore no landscape & few facilities.
Who is confirming that there will be a overhead bridge to link up sPice & Arena ? Understand there is only zebra crossing !
aiya..they simply say wan maybe? anyone has link to the news
@Property
http://www.epbt.gov.my/osc/Borang_info.cfm?ID=257126&NoForm=Form4
@Property
Tajuk Permohonan :
CADANGAN MENDIRIKAN : 1. 1 BLOK BANGUNAN 29 TINGKAT YANG MENGANDUNGI 1 BLOK PANGSAPURI (138 UNIT) DAN 1 BLOK OFFICE SUITE (182 UNIT) TERMASUK 5 TINGKAT PODIUM YANG MENGANDUNGI KEDAI/PEJABAT 2 HINGGA 4 TINGKAT, KEMUDAHAN DAN TEMPAT LETAK KERETA. 2. BUS INTERCHANGE 2 TINGKAT DAN OVERHEAD LINK WAY’ TERMASUK KEMUDAHAN LAIN DI ATAS LOT 12999 & LOT 13514, JALAN MAHSURI / PERSIARAN MAHSURI, MUKIM 12, DAERAH BARAT DAYA, PULAU PINANG.
@Pen,
Thanks for the info.
its alraedy approved and SnP signing is in progress. 520K now i heard
Anyone has Arena’s floor/site plans and layout, can share it to me or post them on this site? Very much appreciated. My email is penangx@gmail.com, thanks.
@prop guy
The $520k is for the commercial titled units (1450sqft) or residential titled units (1250sqft)?
@prop guy
Sorry typos –
Is the $520k price of the commercial titled units (1250sqft) or residential titled units (1450sqft)?
is there any commercial unit available?? serious buyer…
I am interested, kindly email me ronan_00@yahoo.com
residential 1300 sq ft
1450 higher
@Dong Lee
are u buyer or broker?
Was told land clearing and piling will commence in July this year, fingers crossed to hope this will be a successful project. It seem to be very popular in this forum.
of course, this is located in between jusco, hotel, spice – best among elite, 1world, others. because it is free hold!
@prop guy
Agreed, 1 world will lose out, but Elit should be as good, they are both freehold property. Well, I got to get my hands on this area’s properties before its too late.
hehe, shop lots at Arena will be another gathering place for foreign workers since it is near to Relau and have convenient bus interchange…just like BJ complex/BJ Court there…
Elite can also possible like N-Park due to its high density…hehe
heard any returned unit to developer will be re-priced at 400psf for selling… Hmmm, the location still a better buy than The Clover or Fiera Vista!
Nobody can predict future one lor. Wait till 2015 and see which one is the best lar. For own stay, any one of them also beh pai. But hor, Arena has higher risk to become BJ court 2.0 lar… Hehe…
As usual, black mouthing again. To me, I don’t see D’Piazza has become a place for foreign works yet, why? I believe Arena has its value for the future, by staying next to the sPICE, SunshineSq, Giant & Jusco. You can fina almost every bank you need in BB areas. The township is getting more and more complete.
I can see BJ court 2.0 in the making…
if the price is higher, everyone’s thought will be different.
I personally think that, arena is much better place than SP triangle/Clovers/Meridien/Fierra becoz
the initial price is so high..yes, good to invest but is it good for stay without amenities around, i doubt that, even Penang international City built, it will take at least 10years time.
Rather invest in Jusco/Giant/Sunshine end product here:)
Commercial area is still a commercial area lar… Residential area still a better place to sleep lor. Just my opinion lar. Hehe…
Live at commercial condo will have kedai rambut, mini-mart, Overtime Bistro, Massage and Health Spa, etc. at your neighbour and you still can’t complain, because you all hold commercial title.
@Economic Crisis
Haha, you are so funny.
@wbk
Everybody knows you’re Fierra Vista kaki. No surprise to see your bias comments everywhere except Fierra Vista.
fierra vista looks like the lousiet among all the condo in sungai ara…
@Jack
@Jackie
No lar… I think Arena would be the lousiest in Bayan Baru lar. Hehe…
@Jack
@Jackie
Oh correction. Whichever condo that you bought is the lousiest lar.. Make it fair to Arena abit. Hehe…
@wbk
Haha, you simply are the funniest.
i am saying the truth.
Setia Triangle
Meridien Residence
Orchard Ville
Reflection
hohoho~but truth hard to swallow..nevermind. keep on dreaming:)
and the clovers.
Good project tends to attract bad mouths… normal lah. When there is unit left from Arena sales office, they will be among the 1st to queue.
haha, what so proud about a small plot condo with limited facilities & no landscape, which the shoplots below soon will be flooded by foreign workers? Who like to stay next to a 2-storeys bus interchange, or drink coffee there??? smell black smoke everyday…. haha
Buy D’piazza now is even better with lower risk and location is better + residential only. This is the late comer and most expensive compare to other several thousand units of condo in Bayan Baru area (d’piazza, Elit, The One). 3years later those several thousand owners can sell at 450K and still earn good margin and what can Arena buyers earn with 450k???
Oops.. I bought Fiera Vista.
free hold but its commercial title (elite).. but better than nothing
Crystall ball, if you are so accurate, why did you miss out this one? We shall see which among the properties here will rise to the top
You are talking about a cheap BJ Court vs a 400k property, and you are expecting them to able to rent this property and make it BJ 2.0?? LoL
he’s right though, its not just about the high electrik fees to pay
Good one Jack
Actually, commercial titled arena units were sold out at less than 400K for 1250 sq ft units. Please compare apple to apple (commercial title to commercial title units) if you want to compare with elite, 1world, others. There is a reason why residential arena units are more expensive. and please don’t compare with sg ara location
what does that mean?
Commercial titled property is lack of interest by Penangites?
@prop guy
Lot of restriction & guidelines of service suite are stated clearly in Deed of Mutual Covenants & sales & purchase agreements. Penangites are still afraid of commerical titled properties as they have not exposed to it. To many of hear says.
With the price below 400psf and prime location in BB, I would say the risk of commercial title is still acceptable if comparing with highly priced and so so location for some properties in Sg Ara.
Obviously overpriced project. I do not see the selling point for Arena. Do some comparison with the nearby projects and you can see it.
Location: furtherst away from Sunshine, Juso, Industrial zone. Only near to PISA but what is the value? May be can save some parking fee during PC fair. Other drawbacks like future 2 storey bus-interchange, the junction will directly connected to TGT relau which increase traffic flow later all are negative to comfortable living.
Facilities & design: Only the entrance is ‘grand’. Only a small swimming pool & no landscape.
Price: There are almost 2000 units from The One, Elit, & D’Piazza where people purchase <300psf (most of it) at that 300m radius area. More than thousand of competitors can afford to sell their units at 330psf (at least 10%profit) where Arena sure lose out.
Land title: half commmercial & half residential, can anyone tell how is the land or common area going to be splitted? Just some dirty trick for the developer to raise the price to declare 1 block is 'resisdential' lah..
If you do't believe, jump in and we will see 3 years later. The developer properly laughing and 'shot & go' with pocket full. They no need to care about reputation lah since already 'no name'.
crystal ball, i think in some sense you are right, but as you forgot the strategic location of bayan baru has made all sort of condos becoming extremely expensive regardless of full facilities.
I still believe in The Arena can compete with Elit Heights, for rental yielding, it might be a good case, but for own stay with lack of facilities, don’t go unless 320-340 per sq feet.
Any location in Bayan Baru is definitely much better than any location in deep inside Sungai Ara. Whether D’Piazza or Elit or Arena or even Olive Tree is better, no one can predict until the market decides. If you look at the price per sqft of new launches in Sungai Ara, it is already way above RM400 psf.
Really cannot understand some people spend so much time to write long comments although not a stakeholder. A lot of free time har …
If you think it is good, then buy. If you think not good, then move away.
Let the market decide. The market is always right.
@Crystal ball
crystal ball, which one you own? (if you ever have any in bayan baru)
different block having commercial title and residential is better than all blocks also are commercial title right (like everything else in bb except dpiazza, and maybe olive tree?) haha. the price of residential is similar to today’s dpiazza price which is also residential. so you are saying dpiazza also will drop price now? stop comparing residential vs commercial lah. the price of comercial arena is similar to others commercial also
@neutral
Are u really neutral? I see now the market is only moving by developers..they said price increase then increase without justification, but do you really see latest transaction price of D’piazza go that high (for benchmark)? What is the selling point of Arena make it better than D’piazza? May be I am too free and doing some community service to do some common sense analysis for typical buyers which developers definitely hate me.
by the way, where do u think the developer get the money to build the 2 storeys bus interchange? of course cut cost from your condo lah….Thanks for all Arena buyers doing community service by providing the bus interchange…good luck!
@Crystal ball
You seem to know a lot about the developer or the twist and turn of the project hor … if you are not interested, you would not have known so much hor … must be either you did not manage to buy a unit or you gave up your unit … otherwise why you hate it so much har …
I am not comparing the projects which are within vicinity in the same location, but rather comparing the price per sqft against other locations. You will see that Bayan Baru is really lagging behind. And Bayan Baru is a much better location in comparison with some other locations.
As I said, wait for 3 years later to let the market decide. It is either the prices per sqft at other locations will adjust lower or the price at Bayan Baru will play catch-up.
@Neutral
Why double quote your own statement just to ‘cover up’ my previous 2 posts? haha. U not so neutral lah..
Aiyo… why want to become liar liar ler? Hehe…But hor, I still think Fiera Vista is still a better buy than Arena lor. People got so many facilities with only RM180 maintenance fee. Lake view or second bridge view. Potential future monorail. Surrounded by beautiful G&G communities. Of course Arena people can brag about its bus interchange lar, for me it is not a healthy thing lar. The heat and smog from the buses… faint ah… And don’t know when the last bus come back, might be well into 1am… no need to sleep meh? Just my view lar. Ignore or counter-attack is welcomed lar… Hehe…
are you aware of the exact location of the bus interchange?
@prop guy
And the buses will wake you up at 6am I guess. Like that where can get enough sleep? Hehe…
@Crystal Ball
thoughtful or not, like @wbk – the arena sold out on a low-key soft launch, now you want also bo liao.
@prop guy
I think sold out before they even aware the bus interchange is coming lor.
This is the risk of signing SnP before the project get approved lar…
I think most of the investors will want to immediately dispose off their units once OC obtained before things get worst.
@Crystal Ball
Don’t be so negative, if you buy house for your own stay than the property is priceless but if you want to invest than you may have to consider the other factor……
@wbk
To me, a bus depot nearby is a + instead of – factor of this project.
do you all realise this is the hottest prop here? look at the posts haha
@ahsok
i don’t said Arena is not livable, just said it is ‘no selling point’ compare to nearby competing properties and thus is ‘overpriced’. but nevermind the price lah since part of it will go for building the 2-storeys bus interchange. Just treat it as donation for community service lah.
@Crystal Ball
how much you feel not overpriced? if you have a unit to buy, how much u willing to pay? remember – residential/freehold/1300 sq ft – how much u want to pay for this?
The hottest now is Straits Garden lah.. a lot of sales persons taking crap there now..
overpriced? sorry I only can afford this 400k+ arena. The 500k+ or 600k+ in Sg Ara are out of my reach.
Ya, Arena is over priced at $400k+, while Sungai Ara is having the right price at $600k+? Hard to figure out the logic.
@PG Mutual
You can check the frequency of transaction and actual transaction price of D’piazza then you can see the down trend on both lah. Developers are trying to lock up the buyers with the “projected price” with the assumption that properties price keep growing with rate like previous year, but you know I know the current economy situation out there lah. That’s why a lot of projects rushing for lauching now.
residential/freehold/1300 sq ft – so what? there are 700+ units from D’piazza & later ~800 units Golden Triangle will be directly connected by only a junction away. Most of the people there purchased at <RM300psf and Arena no fight in price & facilities. & the risk is much higher to get cut corner quality to compensate for cost of the bus interchange. I sincerely provided my opinion here since u asked for it so don't say I sabotage here.
@Pen
Overprice or not depends on the unique selling point of the project lah..like the Clovers is try to hit with the concept & facilities but bad location, SP Setia selling brand name…buy it or not up to your preference lah…but no need to stop people to critize if the weaknesses are true…
What’s your recommendation? Fiera vista? The selling point?
@young
Bought already should feel 100% good lar. With all the negative comments from non-buyer and you still feeling ok and confident with your purchase, so be it. Hehe…
@young
Fiera Vista sells on G&G surrounding & location but airport noise, Clovers sells on concept and design but bad location. Both have unique selling points and rare in its kind in that area. If you like it and can accept the negative aspects and price then go for it. But Arena & Sierra Residence have thousands of look-a-likes competitors/units in stone-throw distance and a bit scary on the unknown developers lah, so I will avoid lor. Just my personal opinion only.
@Crystal ball </a
how much you feel not overpriced? if you have a unit to buy, how much u willing to pay? remember – residential/freehold/1300 sq ft – how much u want to pay for this?
I can’t say the location of Arena is the best, but I would say one of the best. Reason:
1. Near to existing shopping complexes (Giant is a walking distance, Sunshine maybe a little too far to walk).
2. Near to future shopping complexes (Aeon if it is true and walking distance).
3. Walking distance to Pantai, not too near and not too far. Not everyone likes a home just next to hospital. So Arena location is just the best in this context.
4. Farthest away from the loudspeaker (I guess you know what I refer to).
5. SPICE is just a bridge connection away. No need to comment further for the great convenience.
6. Bus port is just a bridge connection away. And it is blocked by the shoplots from the condo. Convenience is no. 1. Attract foreign workers etc? Let’s see in the future, but I would say the chances are low because the congregation point is deep into Relau area.
7. Why compare with other new projects in Relau? They are 2 different areas separated by a big junction, although near.
8. Facility? How much frequent you use the facility? And what other facility you want to use other swimming pool and gym, which Arena already has.
Enough said. I think the point now to worry more is the global economy and whether the demand can sustain the amount of new developments.
@Location
Convenient is the repeated word here. You gain conveniences, you loss serenity…
Convenient and location are for sure. Losing serenity or not, let’s just wait and see loh.
@Location
Got bus interchange there sure attracts alot of illegal hawkers selling burger and pisang goreng one. Serenity is very unlikely loh. We are talking about quiet and peaceful living ler. Wait and see then… Hehe…
@wbk
if you don’t like, then why so interested to keep chatting here? why you concern about serenity for ppl who buy? what is your motive? sell your property in sg. ara? just move to sg. ara property forum to talk la..why come here? what do you want from the arena buyers?
bus interchange? I like it! If there is pisang goreng or ramli burger even better. Those are my favorites… yummy.
Ya…then the Tarik, burger stall n all start to mushroom there like Qbays seafront promenade even lagi shiok!
Btw, the cat is already out of the bag…this project belong to Ideal Group. Last time they use Mask to cover up as somebody fr Auto City. Anyway pray hard that ideal can deliver on time like their One Residence…. But work quality also shoddy n already ppl are complaining on the quality delivered.
@Penangspy
dpiazza quality so bad also can sell 500K, don’t worry lah, location first, then quality
@Penangspy
Agree with Penangspy…btw, i still think fierra vista is not as same level as those around there.
@prop guy
Look like you are one of the buyers lar since you are quite chatty here. Congrats!!!! I din say the price would not go up wor… I just said I don’t like bus interchange near my house because of 1,2,3,4, blablabla lar… Hehe…
Let me know if the pisang goreng is good. I will drive here to tapao lar… I love pisang goreng. Hehe…
wbk..good luck on your IDEAL properties, if you wana say bad, we have known it, thanks.
can we focus on discussing more details regarding Arena Suite?
I heard there’s an early bird rebate.
When to sign S & P?
Which view is the best?
@wbk
you too, else you won’t be this chatty here too, based on your logic
@pgspy2
Tot already sold out? Nobody want to release to you one lar, unless 50k extra lar. But hor, when come to facing direction hor, feng shui masters always recommend north east lar.
@pgspy2
haha, I thought already sold out? now got rebate again? a lot of cancelled bookings ah?
@prop guy
Alot of people said I chatty here and there also lar, but I dun own house here and there lor… Hehe…
I believe in Tanjong Tokong is the 1st choice in Penang now, 2nd choice will go to Queensbay area, 3rd/4th choice is between Jelutong/Bayan Baru area.
how you guys think?
@pgspy2
tokong too far lah.. for renting out to foreigner ok lah.
Got people start letting go their unit in Mudah liao… RM330psf. Nego some more… Like that no need to wait for bumi lot already lar… Hehe…
330 per sq feet at this area, like a hotcake. must grab~
probably cancelled booking units by developer or reserved units by cronies lah! Typical buyers how to sell at this time? sign Snp already meh?
@Crystal Ball
Very good questions. Maybe Arena sales and buyers here can shed some lights. Hehe…
@wbk
Did you ask which unit n floor are they offering?
@Pen
I didn’t call the number since I am not really like this project. Just saw it in Mudah. Still there i think… Do let us know if you managed to get more info… Hehe…
you didn’t call the number and you know so much info? *$)(%*)$(%*)$%*
how you know 40K+? simply say wan ah?
SnP is happening now. I called up the developer for drop-out units but there’s none. all sold out. bumi lots also no more (taken by developer or land owner who is a bumi)
then who sold that unit at muday.my? hehe….
Anyone can post at mudah.com to test the water even without any unit available. And of course there are various comments posted here from developer, sales marketing, brokers, genuine buyers, competitors, sour grapes… & etc, normal lah in cyber world. If any good inputs, just take it loh. If rubbish, filter them loh. End of the day, it’s own decision, own $ and own risk.
@wbk, aiyah, test water only ah…no wonder lah. last time I want to sell my Sierra Residence with +10k also no taker, how come this one can get +40k.. Is it because no bus interchange at Sierra Residence??
@Crystal Ball
undertable sale for quick flip
Maybe is test water or tried create “panic” for Arena buyers…. Hehe…
When is the ground breaking work start for this project?
Recently I noticed someone was trying to imitate another registered member in this blog using the same nickname. But you will noticed that they have a different color avatar.
Just fyi. Comments from a registered member will have a BLUE avatar (icon) whereas anonymous posting will have a grey avatar.
Anyway, I have removed those comments from the anonymous user who was trying to imitate the registered member.
@Ken (Admin)
Oh OK… I think I should add an avatar to hantam those fakers since got so many “developer sales” around. Hehe…
hi, i would like to get a bumi lot. any info on this so far?
hmm…It seems like mostly are negative comments from this forum-The Arena.
Time will tell who is at the right side of the history.
And by that time developer already laughing and get away with your cash by selling you with “future price”..haha
halo there. I am considering. can someone tell me why daveloper run away? why is it future price ?
@Crystal Ball
Come on, the price for this is < RM350 psf.
What you said is correct for the over-priced projects like Southbay Plaza, Wave@PTS, Vertiq, Clovers, Olive Tree to name some.
@Location
don’t compare other projects with different standard lah..Those projects give luxury facilities while Arena gives you apartment-like facilities and bus interchange. Compare with nearby D’Piazza, Golden Triangle, The One, Elite…..
@Crystal Ball
Tell me what kind of luxury the project offer that make them worth > RM500 psft and > RM600 psft. Worth the money?
@Location
It is pointless to compare other category properties lah. If not, endless lah if you compare to Gurney Paragon, or the ‘Cow Condo’ in KL which may be >RM1000psf…
Compare to the competitors around that 300m raidus and think what is the selling point to win among those competing projects….
its residential vs commercial title (elit, one world, others), that is the selling point . golden triangle is relau, bad access, can compare?
The area itself already worth more than the bads that we mentioned.
>TGT, bcoz the Arena is under Bayan Baru. Relau is fulled of Flats and Apartments. If saying arena will attract more bangladesh, i would say TGT is much worse option.
>The One, everyone knows about the reputation of Ideal and how they dealing or coping with construction progress, never see a progress is within the time frame and its leasehold status maybe a little too complicated.
<Elite, the facilities of elite height is much better expectation than Arena which arena didn't clearly announced the landscape and swimming pool area. Maybe it's too simple facilities. But one thing for sure, Freehold this title already worth something.
@prop guy
Yes, that’s right. The 1 block with commercial title compare to One World & Elit, the other residential block compare to D’piazza & Golden Triangle. Finally you got the point. Golden Triangle is only directly 500m away when the new 6 lanes connecting road completed in future. Weight it yourself lor….
@hotcake
All these Bayan Baru new apartments are too close to call on whichh onw will emerge as winner lar… It all depends on who will be staying there lor instead of location. Semua at the “same location” lar…. Who stay there will decide on the which one is a better place in the future lar… hehe…
What you want is the educated family working in MNC or successful business people to stay there. People who pay maintenance fee promptly. Good management and JMC. Good landscaping and good cleaning company… Places with many bangla also will bring down the value lar… shoplot that do not have good business also no good… so far can’t see any apartment with shoplot downstair in penang very successfully lar…. hehe..
@Crystal Ball
If you cannot list down the luxury facilities, then stop talking and claiming other projects have so much better facilites.
Come on, note I did not mention abt Gurney and Tanjong Bungah/Tanjung Tokong area because I know they have their own class and appeal.
I am comparing Bayan Lepas surrounding area. (The Wave @PTS in my list is one exception, which I mentioned because of PTS shortcomings that I feel causes The Wave not worth the price).
Go compare existing and new projects in Bayan Baru, Sungai Ara, Batu Maung, Bukit Jambul with as good location as this. Where can you get price < RM350 psf today?
@Location
You ask Bayan Baru people, they will say Bayan Baru location good lar… If you ask Sg Ara people, they will said Sg. Ara location better lar… If you ask Bukit Jambul people, they will say Bukit Jambul air very fresh one lar…. Even Balik Pulau people will say Balik Pulau best lar because of quiet environment lar So cannot just claim Bayan Baru is better than other lar, must be specific lar… Work place, preferred school for children, where to shop for groceries, eat where normally blablabla lar… hehe…
@Location
Why you still cannot get the point? Golden Triangle, D’Piazza has larger swimming pool, better landscape & facilities lah. Can you tell whether common area in Arena is commercial or residential title (1st of it kind! haha..)? One World and Elit Height is definitely much better! It is pointless to argue something totally non-relevant since Arena is not in that category.
Where can you get price < RM350 psf today? – because it is leasehold + commercial! stop this comparison can?
@Crystal Ball
you want larger pool or quality? no guranti arena quality, but everyone knows dpiazza quality sucks . heard golden triage flooring no tiles?
@Crystal Ball
How much larger and how much bigger and how much more luxury is the facility? How do you gauge that? Provide data first.
And most important, is that the most important thing? I have already listed down all the advantages of Arena in my earlier posting.
Why compare 1 World when it is leasehold?
Price per sqft, the price of Elit is equivalent or more expensive than Arena. And so are other price of new projects, especially in Sungai Ara.
@wbk
I refuse to respond to you because your comments are irrelevant and not subjective. You just comment for the sake of commenting.
What’s the big fuss about leasehold?
It’s not that your freehold high rise can last more than a decade anyway. After x number of years (say 50 years), be it freehold or leasehold, I don’t think any buyer would want to buy them anymore anyway.
Come to think of it, you think your leasehold property will be confiscated by the government after 99 years? If not, why all the fear about leasehold property?
I find it funny that people are willing to pay a premium (in many cases a big premium) to go for freehold rather than leasehold. At the end of day, it work out to be more or less the same. You either pay more now (in the case of buying freehold property) or you pay the lease renewal 99 years later (if you go for leasehold).
Sorry for the typo.
The word “decade” should have been “century”.
@Location
Save your energy, his tail is very obvious.
@Location
Aiyo, you said your Arena has better location than others ma. I must ask you why you said that lar… Is it because you work in Motorola or Suntech? Or your kid is schooling at Jalan Tengah? Or you makan at sunshine market there everyday? If all of the above are true, then Arena, Elit Height, 1-World might be best location for you lar. And you also need to accept the traffic congestion and noise lar… Hehe…
OK, since you don’t get the point, let’s make a simple analogy just to make you undertand:
Honda City, Toyota Vios, Mazda2, Ford Fiesta are all 1500cc car. Proton Saga is also 1500cc car but you know that it is different standard and category and price range. Can you say that because Proton Saga also has 4 wheels and can move around, and even more spacious and have all the features other cars have, therefore it is same standard? Look at the design of Arena with just a plain swimming pool sandwitched between 2 close proximity blocks without landscape and you know that it is just a money making project for developer. I think I don’t need to comment on the quality lah. Where do you think the money to build the 2-storeys bus interchange come from???
its a feeling things
and that bring value to freehold..like it or not, that is the way people think
Hotcake,are u the buyer of arena? If so, take note that Arena belongs to Ideal group so expect the expected I.e never deliver on time! Already the sign is there, soft launch 2 yrs back n no happening. Spa can be signed but when stamping ah?….
btw,1 World at The One hearsay completed n gosh. Saw the actual unit shown by agent n noticed that you get to see the beauty of exposed pipping at the kitchen! Really low cost STD la ….pray hard it does not happen to Arena….
hi, soft launch one year, not 2 years, take note.
see dpiazzza qualty and my gosh, but the price? location first. you can have good quality finishing in bad place, also nobody buy
@Crystal Ball
Don’t need to give analogy, you still cannot point out to me how grand and luxurious the facilities of other projects that make them worth > RM500 psqft and > RM600 psft.
@prop guy
If there is no different, why we have Freehold and Leasehold came into first place? For FUN?
@Location
Pointless to keep explain on this topic lah..just like you want people to explain to you the difference between Honda City and Proton Saga…Do I need to spoon feed you? go and check out the design concept and landscape of those projects at their website since you mentioned it.
its a FEELING thing :), you don’t live 99 years do you?
@Crystal Ball
You talk like a super pro, but not able to describe the differences? A pro who criticize will provide valid data of comparison since you started the comparison.
I have listed all the points in my earlier posts.
List down yours, I am missing the part where you said luxurious facilities and landscape of other projects that are cheaper than RM350 psft today OR worth the price at > RM 500psft and > RM600psft.
Hi to both of you, its getting a bit personal, you want to take this somewhere else?
Seconded.
@prop guy & Ah Leng
OK OK. Thanks for reminding..
@Location
This thread suppose to focus on Arena. If you want to discuss other category projects worth the price not, let’s go to the respective thread. How about start with Vertiq? >RM500psf, free hold residential title, 300+ units and locate at congested prime area. fit your criteria lah.
@prop guy
Yeah right, it just a FEELING thing. For leasehold, you don’t feel it is your own land.:). I don’t like this kind of ‘FEELING’……
@Location
Here is the link to Vertiq in penangpropertytalk.com, in case you don’t know where to find it!
https://www.penangpropertytalk.com/2012/01/the-vertiq/
yes, you feel like one day, its not yours anymore
like it or not, leasehold is cheaper :), and usually developer won’t put “LEASEHOLD” on the signboard 
PLS TAKE IT ELSEWHERE IF WANT TO ARGUE! give each other email and go bash each other out elsewhere! Focus on the property lah!
Hi Penangspy, is Arena belonging to Ideal? I thought it is what Golden Virtue Capital?
@hotcake
One or some of the bosses are the same with ideal.
Hi all, why don’t you buy a landed and freehold properties in Bukit Mertajam. There are also good schools, nice shopping complexes, g&g, landscape, swimming pools, less pollution, a lot of high pay jobs opportunities around…etc. Most important is only about $300psf!
because that area is so so only, after you live in Penang.
@TL
Agreed with alll except this, “a lot of high pay jobs opportunities around”.
Really got many high pay jobs in BM meh? Businessman and developers maybe lar… Penang island is still a much more happening place lor… hehe…
And how come this Golden Virtue has no company profile one ha? Got previous project or not? Or just a one man show company? Curious lar…
maybe he refer to FSLR which is currently tanking