fbpx

ARENA – Bayan Baru

January 17th, 2011 Leave a comment

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

Categories: Bayan Baru Tags:
RELATED PROPERTIES FOR SALE/RENT AT
  1. google
    September 5th, 2012 at 21:34 | #1

    @Win
    win, commercial title already sign S&P but not stamping yet.
    the officer from developer told me 36 months will count from pilling time after stamped, can ask the detail from developer.

  2. own stay
    September 5th, 2012 at 22:01 | #2

    @google
    SPA stamped already.

  3. cal
    September 5th, 2012 at 22:06 | #3

    oooh… thanks for info…
    Mean, I still need to wait n wait… hope that Oct can sign…:( This project had delayed more than 1 years… till today no SnP to sign…

  4. ironman
    September 5th, 2012 at 23:10 | #4

    nope. i just count from promenade price, eistimate lah

  5. Win
    September 6th, 2012 at 01:28 | #5

    i see. I said this because @Hulk said that commercial title properties may not be complete in 36 months by contract.

  6. jackie
    September 6th, 2012 at 22:46 | #6

    that’s strange, commercial titled signed but residential titled haven’t signed?
    Hows the status of the site?

  7. jackie
    September 9th, 2012 at 17:33 | #7

    saw the land clearing almost finished.
    But there is a few crane over there..
    Just query, olive tree and arena is located side by side?

  8. Win
    September 9th, 2012 at 18:06 | #8

    I also back from the side just now. The progress a bit slow. I wan to call to arena later. They are side by side

  9. Pen1
    September 10th, 2012 at 10:13 | #9

    @Win
    Check your SNP whether stamp or not? chance are a bit slim to get it by 2015…

  10. jackie
    September 10th, 2012 at 20:15 | #10

    my friend bought one, commercial unit, being stamped eventually. But will advise him to check if more than 36months, whats the compensation GVC will be paying…

  11. jackie
    September 11th, 2012 at 22:00 | #11

    checked the spa now. it’s 36+6 months(buffer period) from the date of piling starts.
    3.5 years..huhu…is it same standard as HDA?

  12. Pen1
    September 13th, 2012 at 21:15 | #12

    42 months from piling start…definitely not standard…why refer to date of piling start, not SnP stamping? it is so subjective and up to developer’s justification…

  13. jackie
    September 13th, 2012 at 21:42 | #13

    this is the most serious part!!!
    watch out, buyers!

  14. Win
    September 13th, 2012 at 23:58 | #14

    From my memory, inside SnP only mention 36 months wor. Got +6months meh? Even I signed the SNP for 2 months ago, but arena tauke not yet stamp and return to me, heard that once stamp mean piling start..

  15. jackie
    September 14th, 2012 at 20:41 | #15

    please check the spa, i suspect this is the case….

  16. ASK
    September 20th, 2012 at 14:20 | #16

    I saw the signbord at site
    “CADANGAN MENDIRIKAN BUS INTERCHANGE 2 TINGKAT DAN ‘OVERHEAD LINK WAY’ TERMASUK KEMUDAHAN LAIN”

    May i know who know the mean ‘OVERHEAD LINK WAY’ & ‘BUS INTERCHANGE’ ?

  17. wck
    September 20th, 2012 at 18:43 | #17

    @ASK
    Like that also need to ask? That is the famous selling points of Arena!!! Go & read through the previous comments, don’t be lazy!

  18. jackie
    September 20th, 2012 at 21:06 | #18

    like it or not, Arena will be double/triple profits after 3-4 years from now…
    Location is too good, Sungai Ara top area, can be foreseen another Gelugor Area..with Giant, AEON Jusco on the pipeline+2nd link bridge…
    just so sad didn’t have chance to grab one

  19. bustard
    September 20th, 2012 at 23:33 | #19

    Bus interchange, Bus Depot, Bus parking… this is very bad for air quality + boom boom sound + low class passengers + congested traffic.

    NOT AN IDEAL PLACE TO LIVE! Why do you wanna live next to a bus station!

  20. jackie
    September 21st, 2012 at 07:14 | #20

    oh ya..if SPICE successful, that’d be different thinking for everyone.
    good or bad just flippable….

  21. ironman
    September 21st, 2012 at 07:16 | #21

    bustard :
    Bus interchange, Bus Depot, Bus parking… this is very bad for air quality + boom boom sound + low class passengers + congested traffic.
    NOT AN IDEAL PLACE TO LIVE! Why do you wanna live next to a bus station!

    thanks for the concern, but we won’t let go of the unis. already earn 100K + :)
    you can look for other properties without bus station. unfortunately, you can’t control the price from going up hihihi

  22. google
    September 21st, 2012 at 09:33 | #22

    seem like not further progress so far on the site.

  23. wck
    September 21st, 2012 at 10:39 | #23

    @ironman
    But that 2 blocks nothing like a condominium, just like an apartment with a small swimming pool. Design looks pretty much like the 2 high rise blocks at Lip Sin market there. Don’t know whether can be priced like a decent condominium when completed, or just an apartment. Anyway, good luck to you…

  24. Win
    September 22nd, 2012 at 01:05 | #24

    SNP stamped. Waiting lawyer to call us collect back the document only.. 2015 should be can complete liao gua, if not they need to be charged daily..

  25. Clock
    Clock
    September 22nd, 2012 at 09:27 | #25

    The upmost important criteria of a successful condo is “the location”, then followed by the management of the building!

  26. Bryan
    September 22nd, 2012 at 10:12 | #26

    Clock :
    The upmost important criteria of a successful condo is “the location”, then followed by the management of the building!

    Yes. A location is good or bad is depend on? I think is near by something, beside something or inside something.

  27. Win
    September 22nd, 2012 at 17:36 | #27

    piling start.. but a bit slow, coz workers like a few only..

  28. wck
    September 22nd, 2012 at 21:51 | #28

    The piling is for INTERCHANGE 2 TINGKAT DAN ‘OVERHEAD LINK WAY’ as per the construction sign board….

  29. Watch
    September 23rd, 2012 at 00:27 | #29

    Bryan :

    Clock :
    The upmost important criteria of a successful condo is “the location”, then followed by the management of the building!

    Yes. A location is good or bad is depend on? I think is near by something, beside something or inside something.

    What differential a condo with an apartment, generally in Penang??? Is BJ Court also called a condominium???

  30. Win
    September 23rd, 2012 at 12:13 | #30

    Why So many ppl who didn’t buy so concern arena? Since all SNP signed. Because of jealous? Like apple lover look down samsung, due to samsung cheaper? Haha

  31. Bryan
    September 23rd, 2012 at 13:50 | #31

    Not sure what answer you want, but the actual definition is —

    Condo: The whole building called condo.
    Apartment: A unit in the condo.

    So, we should say: My bought an apartment in Arena Condo.

    And… BJ Court, to me is a condo without good facilities.

    Hope this answered your doubt…..

  32. ironman
    September 23rd, 2012 at 14:22 | #32

    those who didn’t buy, go away
    we don’t need your comments, since it doesn’t add any help also :)
    follow wbk, as he has left to his fierra vista and never back here to disturb 😛

  33. owner
    October 2nd, 2012 at 17:12 | #33

    http://www.mudah.my/Arena+Curve+Near+Pisa+Relau-18115854.htm
    this place is now 595K. from 430K -> 595K, good investment. any buyers?

  34. PSY
    October 3rd, 2012 at 23:05 | #34

    Still alive?

  35. owner
    October 4th, 2012 at 14:16 | #35

    yes, still very much alive..and selling like hot cake

  36. cal
    October 13th, 2012 at 23:52 | #36

    really alive???? no news at all…. when to sign s&p (residential)??

  37. Win
    October 26th, 2012 at 14:31 | #37

    Btw, My SNP already stamped. Is that arena want to wait residential units stamping only start piling? I asked their officer, she said will follow up the progress for me. Should us keep calling them, so that they will only start action?

  38. Clock
    Clock
    October 30th, 2012 at 18:09 | #38

    Piling of Arena started.

  39. Oppa gangnam style
    October 30th, 2012 at 20:17 | #39

    anything else to say…the naysayers? :)

  40. Incredible Hulk
    October 30th, 2012 at 22:15 | #40

    Win :
    She told me arena piling will start at august. But until now land also not really clear yet. Can we call to arena and give them pressure?

    already heard that more than 2 months ago. When to stamp the SnP???

  41. PG
    October 31st, 2012 at 00:42 | #41

    My spa was stamped on aug 22 2012.

  42. Win
    October 31st, 2012 at 01:09 | #42

    @Clock
    Really? If started, they sure collect money ad

  43. Clock
    Clock
    October 31st, 2012 at 23:28 | #43

    @Win
    They can only collect next 10% when they complete the earth work and structure. Anyway, it’s DIBS, no progressive payment is needed now.

  44. Win
    November 1st, 2012 at 00:33 | #44

    @Clock
    Good..I will go there have a look soon.. hopefully can complete in 2015

  45. robert
    robert
    November 1st, 2012 at 17:49 | #45

    Arena Suites @ 1,250 sqft to let go @ RM 550,000. Morning sun, free legal fee, SPA and disbursement+ DIBS + 2 car park. Interested buyer please leave me an email @ twei39911674@yahoo.com

  46. jackie
    November 1st, 2012 at 17:56 | #46

    wow..change target? why?

  47. Pen1
    November 1st, 2012 at 19:04 | #47

    robert :
    Arena Suites @ 1,250 sqft to let go @ RM 550,000. Morning sun, free legal fee, SPA and disbursement+ DIBS + 2 car park. Interested buyer please leave me an email @ twei39911674@yahoo.com

    Not yet sign SnP? I think this unit is either release directly from developer or some let go units…RM550K? so many choices around recently…

  48. Win
    November 2nd, 2012 at 22:18 | #48

    start piling already. Not bad..

  49. valuer
    November 10th, 2012 at 00:00 | #49

    New launches in Sg Ara or Relau already 400-500psf. BB should be approaching 500-600psf soon.

  50. Banker
    November 10th, 2012 at 07:12 | #50

    @valuer

    Why? because of BB suffer flash flood?

  51. jackie
    November 10th, 2012 at 09:53 | #51

    Now they just started to do piling at residential site..
    Becoz the spa for commercial is on 36+6MONTHS..
    So they still have sometime yet.

  52. own stay
    November 10th, 2012 at 10:08 | #52

    Feel relax and enjoying the (psf) ride… !

  53. Oppa gangnam style
    November 10th, 2012 at 10:17 | #53

    no more bus station story? :)

  54. FTZ
    November 10th, 2012 at 10:48 | #54

    The progress of sPICE is good, started to see nice deco around.

  55. Win
    November 14th, 2012 at 00:18 | #55

    lol… piling also consider residential or commercial? mean residential will be finished at 2016, so commercial have to?

  56. Oppa gangnam style
    November 15th, 2012 at 11:41 | #56

    dont care la..finish late earn more money

  57. new
    November 15th, 2012 at 11:54 | #57

    this is my own stay house.. so, no money to earn. haha..

  58. Win
    November 15th, 2012 at 11:55 | #58

    This is my own stay house..so, no money to earn. haha

  59. ywf
    November 18th, 2012 at 17:10 | #59

    hi,what de selling price?total how many units?

  60. Oppa gangnam style
    November 22nd, 2012 at 21:15 | #60

    total not sure.. selling 600k

  61. Pen1
    November 22nd, 2012 at 21:36 | #61

    They think can sell 600k…but who know what will be the price when thousands of units competing for buyer 3 years later…

  62. Oppa gangnam style
    November 25th, 2012 at 21:05 | #62

    pen1, if you don’t believe, don’t come to this forum :)
    in 3 years, would be 700k lah

  63. Pen
    Pen
    November 25th, 2012 at 22:05 | #63

    @Oppa gangnam style
    Well, 3 years from now to reach $600k is possible, but $700k, you will have to “Dan Gu Gu” (wait very long).

  64. Oppa gangnam style
    November 26th, 2012 at 16:29 | #64

    then you see who dan gu gu lor :)
    u must have missed the boat, go buy those ulu places loor, still cheap

  65. Pen
    Pen
    November 26th, 2012 at 18:03 | #65

    Haiz, another junior cub in property market.

  66. Pen1
    November 26th, 2012 at 21:24 | #66

    When completed, this project will looks very low class compare to all the nearby projects with better design & facilities.

  67. Pen1
    November 26th, 2012 at 21:30 | #67

    Even the Idaman Iris looks better and has better facilities than this Arena, got landscape & sauna somemore..

  68. Pen
    Pen
    November 26th, 2012 at 22:05 | #68

    @Pen1
    Singing the old song again?

  69. speculator
    November 26th, 2012 at 22:47 | #69

    here we go again.. bus station story anyone?

  70. speculator
    November 26th, 2012 at 22:47 | #70

    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.

  71. Telescope
    November 26th, 2012 at 23:59 | #71

    You call this unique architectural design ? May be in the eyes of the
    “short-sighted.”

  72. Bangla
    November 27th, 2012 at 08:23 | #72

    Somemore claimed as “Super luxury” suite, hahaha..

  73. Pen
    Pen
    November 27th, 2012 at 19:26 | #73

    @Oppa gangnam style
    Your attackers are here “again” (they are just as persistence as zombies), do come to defend your grounds. Haahaa.

  74. cal
    November 27th, 2012 at 20:38 | #74

    Residential owener here??? alr sign SnP???

  75. speculator
    November 28th, 2012 at 10:11 | #75

    yeah..signed already…. and riding the wave
    sorry bangla

  76. cia
    November 29th, 2012 at 13:37 | #76

    arena curve still got unit left or not ? how much?

  77. speculator
    November 29th, 2012 at 17:20 | #77

    nothing left, all sold out. ride the wave!

  78. units
    December 6th, 2012 at 18:44 | #78

    hello, anyone wants a unit? i can release a few

  79. CIA
    December 6th, 2012 at 21:30 | #79

    how much how much,got christmas offer or not?

  80. Bangla
    December 6th, 2012 at 21:34 | #80

    @units
    you are from developer’s office? else how to “release a few”?

  81. NeedAdvise
    December 6th, 2012 at 22:22 | #81

    Who can let me know how to check apartment title? Wherether the apartment got strata title?

  82. google
    December 7th, 2012 at 13:22 | #82

    does anyone paid the balance for deposit? I still haven’t receive any notice for this payment after signed for few months.

  83. PG
    December 8th, 2012 at 10:16 | #83

    @units
    Hi, pls contact me at penangx@gmail.com. I’m interested.

  84. units
    December 12th, 2012 at 13:52 | #84

    Price: RM 595 000 Type: Apartments, For sale Area: Relau
    Title type: Freehold Other info: Non Bumi Lot Size: 1250 sq.ft.
    Size: 1250 sq.ft. Bedrooms: 4 Bathroom: 2
    Estate agency no: 11026
    Property Type:Condo / Services residence / Penthouse / Townhouse
    Facilities: Swimming pool, Gymnasium, Covered parking, Playground, Jogging track, 24 hour security, Balcony/Patio

    ~Located At Relau Near Pisa
    ~2 Car Park
    ~1250SF
    ~Good For Invest

    ~Further Detail Please Call Ms Tham 0164312412

  85. david
    December 12th, 2012 at 15:29 | #85

    @units
    How good for this as investment? Can rent for 2.8k or not?

  86. Win
    December 12th, 2012 at 23:21 | #86

    what is your condo name?

  87. monster
    December 16th, 2012 at 17:37 | #87

    anyone interested to buy , i have one to let go , call me 0164181498

  88. oic
    December 16th, 2012 at 21:23 | #88

    @monster
    what is the size and which floor?
    commercial title?

  89. cal
    December 16th, 2012 at 23:22 | #89

    just signed …. but have to wait till Feb’13 for stamping and loan release!!!! :(

    Anyway, I would like to share… we have to bear de interest once the building completion … ** not OC obtained!!!!

  90. oic
    December 16th, 2012 at 23:50 | #90

    @cal
    your unit is residential unit? is it commercial or residential title? freehold?
    I called the office but no one pick up….

  91. KPP
    December 17th, 2012 at 03:22 | #91

    Cal, unless you are speculator you wouldnt mind when you start serving your loan as it would not make any difference. And if you are speculator, i hope you got hit hard by the market downturn and teach you a lesson for not”goreng” property price till the average folks can’t afford it.

  92. Goreng
    December 17th, 2012 at 08:18 | #92

    @KPP
    Hi average folk, it was very bad to curse others to be hurt by economy downturn. You could not buy simply because you are incompetence to earn enough money, blame no one, but yourself. Be careful of the “last two years of yours”, hahaha!

  93. linux
    December 17th, 2012 at 09:50 | #93

    cal :
    just signed …. but have to wait till Feb’13 for stamping and loan release!!!!
    Anyway, I would like to share… we have to bear de interest once the building completion … ** not OC obtained!!!!

    I thought GVC advertised full DIBS.. how come after dragging for 1.5 years, now become buyers still have to pay loan interest? really not trust worthy.

    @KPP
    You are wrong. Every buyer need to pay extra while waiting for OC, regardless of own stay or speculators.. each month may need to folk out RM1.2 – 1.5K (depends on loan amount) just for loan interest. , and the BIG problem is, we don’t know how long GVC will take to obtain OC! I think just 2 blocks building is very fast to build, then after that interest will be paid by buyers. But giving their track record on the “dragging” on SnP, I am very worry about OC date… especially OC will need a lot of documentations to various government departments, and obviously GVC is very new to these processes and requirements…

  94. cal
    December 17th, 2012 at 23:42 | #94

    linux :

    cal :just signed …. but have to wait till Feb’13 for stamping and loan release!!!!Anyway, I would like to share… we have to bear de interest once the building completion … ** not OC obtained!!!!

    I thought GVC advertised full DIBS.. how come after dragging for 1.5 years, now become buyers still have to pay loan interest? really not trust worthy.
    @KPP You are wrong. Every buyer need to pay extra while waiting for OC, regardless of own stay or speculators.. each month may need to folk out RM1.2 – 1.5K (depends on loan amount) just for loan interest. , and the BIG problem is, we don’t know how long GVC will take to obtain OC! I think just 2 blocks building is very fast to build, then after that interest will be paid by buyers. But giving their track record on the “dragging” on SnP, I am very worry about OC date… especially OC will need a lot of documentations to various government departments, and obviously GVC is very new to these processes and requirements…

    @linux, I strong agreed on what u said!!! I was worry don’t GVC will taking long time to submit OC documentation. Coz they will helping us to pay the interest untill OC obtain. While, we have to pay back the interest GVC (the period from completion till OC obtain)

    @KPP, I’m not “goreng” property eh!!! But the feeling like kena cheat after 1.5 year.. during booking, GVC sales informed that they will bear full DIBS!!!

  95. cal
    December 17th, 2012 at 23:43 | #95

    @oic

    @OIC, mine one is residental unit

  96. Win
    December 18th, 2012 at 22:24 | #96

    sorry, i thought GVC will bear the full DIBS? izzit the officer told u all that?
    Also, completion not mean OC obtain?

  97. sorry
    December 18th, 2012 at 23:20 | #97

    KPP :
    Cal, unless you are speculator you wouldnt mind when you start serving your loan as it would not make any difference. And if you are speculator, i hope you got hit hard by the market downturn and teach you a lesson for not”goreng” property price till the average folks can’t afford it.

    sorry to hear this :)

  98. sorry
    December 18th, 2012 at 23:21 | #98

    Goreng :
    @KPP
    Hi average folk, it was very bad to curse others to be hurt by economy downturn. You could not buy simply because you are incompetence to earn enough money, blame no one, but yourself. Be careful of the “last two years of yours”, hahaha!

    when it crash, it will be back to normal price, won’t be negative price we buy

  99. sorry
    December 19th, 2012 at 00:31 | #99

    can someone please talk about the bas stesyen again? :)

  100. sorry
    December 19th, 2012 at 08:28 | #100

    cal :

    linux :

    cal :just signed …. but have to wait till Feb’13 for stamping and loan release!!!!Anyway, I would like to share… we have to bear de interest once the building completion … ** not OC obtained!!!!

    I thought GVC advertised full DIBS.. how come after dragging for 1.5 years, now become buyers still have to pay loan interest? really not trust worthy.
    @KPP You are wrong. Every buyer need to pay extra while waiting for OC, regardless of own stay or speculators.. each month may need to folk out RM1.2 – 1.5K (depends on loan amount) just for loan interest. , and the BIG problem is, we don’t know how long GVC will take to obtain OC! I think just 2 blocks building is very fast to build, then after that interest will be paid by buyers. But giving their track record on the “dragging” on SnP, I am very worry about OC date… especially OC will need a lot of documentations to various government departments, and obviously GVC is very new to these processes and requirements…

    @linux, I strong agreed on what u said!!! I was worry don’t GVC will taking long time to submit OC documentation. Coz they will helping us to pay the interest untill OC obtain. While, we have to pay back the interest GVC (the period from completion till OC obtain)
    @KPP, I’m not “goreng” property eh!!! But the feeling like kena cheat after 1.5 year.. during booking, GVC sales informed that they will bear full DIBS!!!

    sorry to hear this.

  101. monster
    December 19th, 2012 at 14:27 | #101

    @oic
    27 floor 1450sf.

  102. monster
    December 19th, 2012 at 14:56 | #102

    @monster
    these developer is a reliable company?

  103. sorry
    December 25th, 2012 at 20:52 | #103

    monster :
    @monster
    these developer is a reliable company?

    why do u care? because all units sold out, good or bad comp..also no differenc already?

  104. google
    January 4th, 2013 at 13:30 | #104

    Still curious about the progress. The officer always told me they are ready to collect the balance of downpayment and stamped soon since last year. Anyone knows about the update?

  105. Land Expert
    January 11th, 2013 at 22:32 | #105

    they going to become reliable company after this project completed

  106. Pen
    Pen
    January 24th, 2013 at 18:04 | #106

    I’m running out of patient with the speed of this project!

  107. ken kent
    January 26th, 2013 at 21:06 | #107

    then sell it off

  108. Pen
    Pen
    January 28th, 2013 at 20:42 | #108

    @ken kent
    Ya, sure, I will sell when I can sell.

  109. ken kent
    January 28th, 2013 at 21:12 | #109

    u can sell now…just sell it off and end your misery.

  110. Pen
    Pen
    January 29th, 2013 at 00:39 | #110

    Ya, thanks for your care.

  111. kenny
    January 29th, 2013 at 10:33 | #111

    and stop complaining about it anymore :)

  112. Goreng
    January 29th, 2013 at 19:36 | #112

    As far as I know it’s none of your business too. It’s an open forum here!

  113. Clock
    Clock
    January 29th, 2013 at 19:38 | #113

    Who is super joker? Using 2 ids and continue to attack people. May be a jerk who can’t afford a house. Shooting around here.

  114. Crystal Ball
    January 29th, 2013 at 19:49 | #114

    Why progress so slow until those die-hard fans also lose patient? Like that how to laugh anymore, some more slower than the progress of Olive Tree next door..

  115. Clock
    Clock
    January 29th, 2013 at 19:51 | #115

    @Crystal Ball
    Agreed. Fans also impatient liao. OTR were all taken by insiders, open sales very poor leh.

  116. kotun
    January 29th, 2013 at 21:20 | #116

    arena is the first property that this developer is developing right? Quite scary.

  117. BeEnds
    January 30th, 2013 at 01:43 | #117

    Scary or not time will tell. What we have to do is just to be make “BeEnds” is happening. But, don’t be like the Triple Kenny Ken Kent (nothing can), to own nothing till the end…..

  118. kotun
    January 30th, 2013 at 08:16 | #118

    Scary since Milan Doshi and other Prop guru always suggest buy from reputable developer. Maybe Triple Kenny Ken Kent know this fact and looking for other opportunity. And I also agree with BeEnds that you can’t be too picky or you are going to miss the boat. Come up with say 10 criteria and if it at least fulfill 7 or 8, then grab it. There is no property that is perfect 10..

  119. hello
    January 30th, 2013 at 19:58 | #119

    just be patient. when its completed, u will be busy counting the amount of $$$ u r making..

  120. Gangnam Style
    January 30th, 2013 at 21:18 | #120

    The developer is busy counting $$$ right now…What are they waiting for? no money to proceed is it???

  121. kotun
    January 30th, 2013 at 22:03 | #121

    First project, no experience yet. Maybe still reading Property Development 101 book… hehe… just kidding… don’t get angry ok…

  122. hello
    January 30th, 2013 at 23:34 | #122

    ya..cool cool. i heard one person say here before, wait long, more $ increase, good for all mah

  123. cal
    February 5th, 2013 at 00:50 | #123

    Yeah!!! I got my sNp !! At least throw out 20% of burden, waiting …completion and OC obtain on mid of year 2015

  124. own stay
    February 5th, 2013 at 07:40 | #124

    @cal
    Yours is residential units? The S&P stamped in which month?

  125. cal
    February 7th, 2013 at 23:10 | #125

    If not mistaken, Jan’13

  126. Barisucks
    February 14th, 2013 at 14:58 | #126

    cal :Yeah!!! I got my sNp !! At least throw out 20% of burden, waiting …completion and OC obtain on mid of year 2015

    it’s scary when there’s so many projects scheduled to complete ard 2015/2016 at the bayan baru, relau, sg ara area.

    anyone have an idea of the quantity of units ard the area? will be interesting. thanks.

  127. Oppa gangnam style
    February 18th, 2013 at 01:13 | #127

    Barisucks :

    cal :Yeah!!! I got my sNp !! At least throw out 20% of burden, waiting …completion and OC obtain on mid of year 2015

    it’s scary when there’s so many projects scheduled to complete ard 2015/2016 at the bayan baru, relau, sg ara area.
    anyone have an idea of the quantity of units ard the area? will be interesting. thanks.

    not scary, i gurantee it will success. even if price drop, oso will be earning :):)

  128. Buyer101
    February 18th, 2013 at 16:19 | #128

    Anybody can update the progress of The Arena? Started pilling?

  129. kaki
    February 18th, 2013 at 16:39 | #129

    @cal

    They mail it to you or you collect it from lawyer/developer office?

  130. D.MAN
    February 18th, 2013 at 18:55 | #130

    Barisucks :

    cal :Yeah!!! I got my sNp !! At least throw out 20% of burden, waiting …completion and OC obtain on mid of year 2015

    it’s scary when there’s so many projects scheduled to complete ard 2015/2016 at the bayan baru, relau, sg ara area.
    anyone have an idea of the quantity of units ard the area? will be interesting. thanks.

    Someone in the forum got list out the projects in the area. Should be at least 5000 units. You can check yourselves too. Maybe by the times you count already got extra few hundreds.

  131. Buyer101
    February 18th, 2013 at 20:08 | #131

    Any concern on the developer cash flow? Have they started pilling?

  132. 101
    February 21st, 2013 at 00:36 | #132

    no concern. already buy and just paid 10k. low risk high gain

  133. Penang Homes
    February 21st, 2013 at 07:28 | #133

    kotun :
    arena is the first property that this developer is developing right? Quite scary.

    Well we have to start somewhere right? You took your first baby step about 85 years ago…. so they start first project…. what is wrong with you, senior citizen??!!!

  134. buyer
    February 21st, 2013 at 21:45 | #134

    @GSD
    Feel glad to own a unit here. Ban ban tan is just nice for me, with zero commitment while marker psf keep increasing. This location is worth for own stay or long term investment.

  135. Buyer101
    February 21st, 2013 at 21:59 | #135

    @101

    Hi 101, mind sharing why you are confident in this developer? Have they started the pilling work? I read 1st page, this project already fully sold 2 years ago.

  136. kotun
    February 21st, 2013 at 22:35 | #136

    Penang Homes :

    kotun :
    arena is the first property that this developer is developing right? Quite scary.

    Well we have to start somewhere right? You took your first baby step about 85 years ago…. so they start first project…. what is wrong with you, senior citizen??!!!

    Healthy senior citizen could walk and run without falling down. You have higher confident that the chance they fall flat on the ground is small.

    Baby learning to walk first time, high chance will fall down. Maybe too long to be able to walk due to not enough nutritions.

    Pardon my monologing. But I’m sure you understand what I mean..

  137. 101
    February 22nd, 2013 at 00:47 | #137

    Buyer101 :
    @101
    Hi 101, mind sharing why you are confident in this developer? Have they started the pilling work? I read 1st page, this project already fully sold 2 years ago.

    hehe. because my stake is very small in this project, only pay 10K. if it fails, many other developers will be waiting to pounce on this valuable piece of land and continue it!

  138. Buyer101
    February 22nd, 2013 at 09:25 | #138

    @101

    If the developer decided to scrap this project due to case flow issue, may I know whether buyers need to wait till the 10 years grace period past before the new developer is allowed to revise the project? Do we have to pay new market price if the new developer decided to build luxurious condo here?

  139. Buyer101
    February 22nd, 2013 at 10:05 | #139

    Penang Homes :

    Buyer101 :
    @101
    If the developer decided to scrap this project due to case flow issue, may I know whether buyers need to wait till the 10 years grace period past before the new developer is allowed to revise the project? Do we have to pay new market price if the new developer decided to build luxurious condo here?

    Such negative thoughts and by the way what is ‘case flow’ you stereotype Chinese school product?

    My apology for the typo, which casue you so much pain. I was thinking whether this developer has serious cash flow issue, that’s why not be able to start the pilling work even all units fully sold 2yrs ago. And I am sincerely worried for those who have bought The Arena.

  140. 101
    February 23rd, 2013 at 22:13 | #140

    i won’t bother, until that happens, then decide what to do
    it is only 10k

  141. Buyer101
    February 25th, 2013 at 09:59 | #141

    10k might be small money for some investors, but your loan eligibility will be severely impacted with 300k-400k loan tied up there. Unless you terminate the loan agreement and pay some penalty to the bank.

  142. Ah Gim
    Ah Gim
    February 25th, 2013 at 15:50 | #142

    Any seller wanting to let go of a unit? Thinking of getting one for my parent-in-laws as they are currently residing in mainland

  143. 101
    February 27th, 2013 at 23:58 | #143

    Buyer101 :
    10k might be small money for some investors, but your loan eligibility will be severely impacted with 300k-400k loan tied up there. Unless you terminate the loan agreement and pay some penalty to the bank.

    agree with you that is true, however, there are always ‘ways’ to still get 90% hehe

  144. 101
    February 27th, 2013 at 23:59 | #144

    Ah Gim :
    Any seller wanting to let go of a unit? Thinking of getting one for my parent-in-laws as they are currently residing in mainland

    if you want to pay 300k margin, no problem of selling now. that should be the price after 3 years

  145. Penanghomer
    March 1st, 2013 at 06:37 | #145

    101 :
    i won’t bother, until that happens, then decide what to do
    it is only 10k

    wahaha, pay booking 10K only and not yet stamp SnP until now? No wonder no progress at all. Pity those waiting for own stay.

  146. Penanghomer
    March 1st, 2013 at 06:40 | #146

    Ah Gim :
    Any seller wanting to let go of a unit? Thinking of getting one for my parent-in-laws as they are currently residing in mainland

    Is that your strategy to avoid staying with parent in law? It will take long long time looking at the progress..hahaha

  147. buyer
    March 1st, 2013 at 07:03 | #147

    Penanghomer :

    101 :
    i won’t bother, until that happens, then decide what to do
    it is only 10k

    wahaha, pay booking 10K only and not yet stamp SnP until now? No wonder no progress at all. Pity those waiting for own stay.

    stamped already.

  148. 101
    March 2nd, 2013 at 23:20 | #148

    documents done and ready for collection
    those hoping for this project to fail, this is bad news for you :)

  149. 007
    March 3rd, 2013 at 03:05 | #149

    101 :
    documents done and ready for collection
    those hoping for this project to fail, this is bad news for you

    No one hope it fail..but it is daxn slow..already 2 years but nothing there yet.. if it gonna fail then better fail earlier, just lose 5k/10k nia..if halfway abandon then ‘gai’ lah..

  150. Goreng
    March 3rd, 2013 at 11:33 | #150

    Earth work almost completed, most of the building equipment were moving in on site. Hopefully, the construction speed will be moving faster.

  151. Buyer101
    March 3rd, 2013 at 12:24 | #151

    @Goreng

    Hopefully you are right this time. The machine has been sitting there since many months ago. That’s why i asked when they are going to start piling. And their office closed all the time.

  152. 101
    March 3rd, 2013 at 22:06 | #152

    ok lah..do slow better than those in PWC sinking land :)

  153. Goreng
    March 4th, 2013 at 23:33 | #153

    @Buyer101
    They should not fail, as they have no additional liability. They don’t own the land, so no financial liability. They shall only take the money from bank and just ask the sub contractor to build accordingly.

  154. cal
    March 6th, 2013 at 23:09 | #154

    @kaki
    I got collect the sNp from developer lo!!!

  155. Chow Tar
    March 7th, 2013 at 00:25 | #155

    Goreng :
    @Buyer101
    They should not fail, as they have no additional liability. They don’t own the land, so no financial liability. They shall only take the money from bank and just ask the sub contractor to build accordingly.

    “They don’t own the land”, that is the problem… it means this is only sendirian berhad with minimum asset. If it close shop then the land owner can easily find another developer and work out new project and sell with higher price, while you ban-ban chase for your 10% deposit…somehow some earlier report said developers only profit 20+% from completed projects, and now the minimum wages has further erode the profit margin..

  156. Goreng
    March 7th, 2013 at 07:14 | #156

    @Chow Tar
    Wrong, you sign spa not only with developer, and with the land owner too. Why a company without liability will go bankrupt? They don’t own the land, means they can’t pawn your land too. Once land is not pawned, it’s a lot safer for house buyer.

    A project with free land, bank approval, government approval and sold out. I don’t see the risk is high.

  157. 101
    March 9th, 2013 at 19:10 | #157

    0 risk, 100% gain..!

  158. G
    March 11th, 2013 at 19:21 | #158

    When is completion date

  159. Chow Tar
    March 11th, 2013 at 21:47 | #159

    Goreng :
    @Chow Tar
    Wrong, you sign spa not only with developer, and with the land owner too. Why a company without liability will go bankrupt? They don’t own the land, means they can’t pawn your land too. Once land is not pawned, it’s a lot safer for house buyer.
    A project with free land, bank approval, government approval and sold out. I don’t see the risk is high.

    Sound like a RM2 company that does not hold much asset, Some more need to chunk out money to build the bus interchange, and you said it is low risk company?hahaha.. The land owner just agree to develop the project on the land but never hold any liability to the purchasers if anything go wrong..

  160. Goreng
    March 11th, 2013 at 22:18 | #160

    @Chow Tar
    Still wrong, the land owner will not be able to resell the land again, if anything goes wrong, so that the land owner will have to ensure the project is successful. There are 2 vendors in SPA, developer and land owner.

    Sorry to disappoint you, I had just come back from the site, the ground work were completely done. Goods crank was installed, whole project is moving.

  161. psy
    March 11th, 2013 at 22:50 | #161

    Goreng :
    @Chow Tar
    Still wrong, the land owner will not be able to resell the land again, if anything goes wrong, so that the land owner will have to ensure the project is successful. There are 2 vendors in SPA, developer and land owner.
    Sorry to disappoint you, I had just come back from the site, the ground work were completely done. Goods crank was installed, whole project is moving.

    hey, if you want this project to fail, stop visiting us here. this forum is for interested ppl only. thanks

  162. Goreng
    March 13th, 2013 at 14:55 | #162

    @psy

    1st you used the wrong quote, Mr Goreng wants this project to be successful.

    2nd everyone can come in to challenge whether Arena is a good buy or not, but, pls come with facts.

    And I am not an Arena owner yet, bad. But, I stay in BB, so I also want things to move.

  163. Buyer101
    March 13th, 2013 at 15:08 | #163

    Goreng :
    @Chow Tar
    Still wrong, the land owner will not be able to resell the land again, if anything goes wrong, so that the land owner will have to ensure the project is successful. There are 2 vendors in SPA, developer and land owner.
    Sorry to disappoint you, I had just come back from the site, the ground work were completely done. Goods crank was installed, whole project is moving.

    Started pilling?

  164. Goreng
    March 13th, 2013 at 15:17 | #164

    @Buyer101
    Ground/earth works were also completed loh (piling was the 1st step)… Ground level will start soon.

  165. Buyer101
    March 13th, 2013 at 16:42 | #165

    @Goreng

    Thanks. Just worried about the developer and its cash flow.

  166. AEON Mall Bayan Baru
    March 14th, 2013 at 09:01 | #166

    “Over the next two to four years, several shopping malls should be opening in Penang.

    “These include the AEON Mall in Bayan Baru, Penang Times Square Phase 3, the shopping mall by IJM Land planned next to the Penang Bridge, the shopping mall at Southbay Plaza in Batu Maung, The Landmark in Tanjung Tokong, and a 1,000,000 sq ft mega mall in Prai by the Belleview Group,” he said.

    http://thestar.com.my/news/story.asp?file=/2013/3/13/metrobiz/12814431&sec=metrobiz

  167. islander
    March 14th, 2013 at 14:10 | #167

    and i happened to own 2 properties in those areas :)

  168. Goreng
    March 15th, 2013 at 20:43 | #168

    @islander
    wow, lu untung banyak-banyak leh.

  169. islander
    March 15th, 2013 at 21:04 | #169

    @islander
    Dear “islander”, can you change your ID name?

  170. PgBond
    PgBond
    March 17th, 2013 at 15:41 | #170

    Dear All,

    Anyone interested to sell your units. Please email me kevinly188@gmail.com
    012-5022789

  171. islander
    March 18th, 2013 at 21:27 | #171

    not now..no need to sell because completion date is end of 2015. But i will consider if 800K (compare to PWC 1300 sq ft is 900K). ok?

  172. islander
    March 19th, 2013 at 11:30 | #172

    PgBond :
    Dear All,
    Anyone interested to sell your units. Please email me kevinly188@gmail.com
    012-5022789

    pls state your offer for 800k is that a deal?

  173. PgBond
    March 19th, 2013 at 17:05 | #173

    @islander
    condo by a first-timer developer. Quality may be worse than the Pizza condo nearby, and the facilities is losing hand down. Better wait & see whether can complete by 2015.

  174. islander_Ori
    March 19th, 2013 at 19:35 | #174

    islander :@islander Dear “islander”, can you change your ID name?

    Since this “islander” is not going to rename, I have to rename myself “islander_Ori”.

  175. Goreng
    March 19th, 2013 at 21:38 | #175

    @islander_Ori
    Just register yourself under this name before he does loh.

  176. Don’t Be Surprised
    March 21st, 2013 at 15:30 | #176

    http://www.mudah.my/Elit+Heights+at+Bayan+City+Bayan+Baru-20809474.htm

    Turning into hot spot soon …

  177. islander
    March 21st, 2013 at 22:20 | #177

    Don’t Be Surprised :
    http://www.mudah.my/Elit+Heights+at+Bayan+City+Bayan+Baru-20809474.htm
    Turning into hot spot soon …

    it has already been a hot spot at the beginning. you mean you don’t know?

  178. islander
    March 21st, 2013 at 22:21 | #178

    islander :

    Don’t Be Surprised :
    http://www.mudah.my/Elit+Heights+at+Bayan+City+Bayan+Baru-20809474.htm
    Turning into hot spot soon …

    it has already been a hot spot at the beginning. you mean you don’t know?

    so my ask price for 800k is very reasonable.. arena is NOT business title…so should sell higher

  179. Goreng
    March 22nd, 2013 at 00:00 | #179

    Don’t Be Surprised :
    http://www.mudah.my/Elit+Heights+at+Bayan+City+Bayan+Baru-20809474.htm
    Turning into hot spot soon …

    Good, good, good

  180. islander_Ori
    March 22nd, 2013 at 00:17 | #180

    Goreng :

    Don’t Be Surprised :http://www.mudah.my/Elit+Heights+at+Bayan+City+Bayan+Baru-20809474.htmTurning into hot spot soon …

    Good, good, good

    Asking for 828k???
    During launching, 1423sqft x 380/sqft = 541k.
    Let’s say it is 20th floor, 541k + (20x3k) =601k
    easily 200k profit? 580/sqt at bayan baru?

  181. Ah Kong
    March 22nd, 2013 at 00:32 | #181

    Why not advertise RM 1.2M ? Wait “long-long”, with this pricing people
    will be buying The Light.

  182. Setia Green
    March 22nd, 2013 at 08:16 | #182

    Ah Kong :
    Why not advertise RM 1.2M ? Wait “long-long”, with this pricing people
    will be buying The Light.

    hahaha, Ah Kong, agreed with you. Don’t you know advertise in mudah.my is free??? good stuffs no need self-boosting advertisement…

  183. Goreng
    March 24th, 2013 at 09:50 | #183

    Arena ground floor construction started, going fast. I think we shall see the 1st floor construction in 1 month time.

  184. islander
    March 25th, 2013 at 22:16 | #184

    the best in this area! arena!

  185. wow….
    March 26th, 2013 at 06:22 | #185

    I believe and hope it can be ready by 2015

  186. islander
    March 28th, 2013 at 17:10 | #186

    I trust that it will ready in 2016 to move in
    2015 Nov will be 90% done

    believe and hope is different thing
    hope means you don’t believe
    believe means you don’t hope

  187. wow….
    March 29th, 2013 at 06:29 | #187

    hahahah… yes Islander you are correct.
    I believe Arena is located in “BEST in this area!”
    I hope Arena can be ready by 2015

  188. Win
    April 9th, 2013 at 23:27 | #188

    residential title snp got mention end of 2015 complete or not? they will be commit the penalty if not complete on time.

  189. reject
    April 16th, 2013 at 12:52 | #189

    no penalty. because cover until 95% only

  190. Win
    April 21st, 2013 at 00:18 | #190

    cover until 95%? what u mean? r u real arena owner?

  191. reject
    April 22nd, 2013 at 14:21 | #191

    yes. 95% completion. not 100%. means u pay interest before you can move in. that can be a year wait

  192. Goreng
    May 2nd, 2013 at 23:57 | #192

    Ground floor is also done, 1st floor is coming soon…..

  193. Goreng
    May 4th, 2013 at 18:17 | #193

    Ground floor is almost done, 1st floor will soon be started. Now the developer is asking 2nd 10%.

  194. acution
    May 15th, 2013 at 23:59 | #194

    just sold one unit.. for 700k

  195. Rich
    May 16th, 2013 at 10:12 | #195

    I sold mine for 695k. Slightly lower than yours, but happy.

  196. daniel
    May 16th, 2013 at 10:31 | #196

    congrat! how many sqft 1?

  197. SSL
    May 21st, 2013 at 08:44 | #197

    Congrat to Rich & Acution…btw , how do u all deal with with the S & P document , did u sign the S & P with the buyer..?

  198. Goreng
    May 27th, 2013 at 00:50 | #198

    Sure bor? $700k?

  199. PGK
    May 27th, 2013 at 11:16 | #199

    @Goreng
    Please dont wale them up from their dream :)

  200. psy
    May 28th, 2013 at 23:53 | #200

    did you see how much is tree sparina?

Comment pages
1 3 4 5 6 7 8 659
  1. No trackbacks yet.
(You can also Login/Register to submit your comment using unique ID)


Comment Guidelines
  • Avoid political discussion.
  • Comments with inappropriate wordings or personal attack may be moderated or deleted.
  • Developer must register before comment. All anonymous comments claimed to be from developer without registration will be deleted.
  • All advertisement in the comment will be deleted. Please contact us for advertising details.



To advertise your property in this page under "Related Properties for Sale/Rent":
 1. Submit your property at PenangPropertySale.com, it's FREE!
 2. Remember to select "ARENA – Bayan Baru" as the [Related Project]
 (Please do not advertise your property in the comment)