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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:
  1. Win
    June 3rd, 2013 at 23:58 | #1

    now the progress become quite smooth ad. yeahhh!!!

  2. google
    June 4th, 2013 at 15:14 | #2

    how’s the progress now and when will be estimate to complete?

  3. psy
    June 4th, 2013 at 15:44 | #3

    looking good.. its 700K now

  4. google
    June 4th, 2013 at 18:29 | #4

    how much for commercial title ?

  5. Anera
    June 5th, 2013 at 00:28 | #5

    Any units for sale? I am interested.

  6. psy
    June 5th, 2013 at 20:49 | #6

    will not sell anymore until OC, i believe it will be 800K then

  7. CNN
    June 5th, 2013 at 21:55 | #7

    I believe 1.1millions then sell

  8. PGT
    June 6th, 2013 at 01:56 | #8

    @psy
    I have 1 unit for sale, offer you rm750k now, want?

  9. Contact
    June 6th, 2013 at 08:30 | #9

    @Anera
    Hi, how to contact you?

  10. Tan Chia How
    June 6th, 2013 at 12:43 | #10

    Any unit still available?
    Can please provide the pricing and floor plan for available unit as well
    Thanks

  11. wbk2
    June 15th, 2013 at 13:19 | #11

    he’s just acting stupid..he won’t let you contact him (an era)

  12. adc
    June 17th, 2013 at 14:57 | #12

    the curve shoplot how much now ,anybody want to sell

  13. fly
    June 25th, 2013 at 11:59 | #13

    no

  14. jackie
    June 29th, 2013 at 23:23 | #14

    any subsale real transaction?

  15. fly
    July 3rd, 2013 at 14:36 | #15

    please don’t act dumb and ask here..nobody will tell you the truth.

  16. agent
    July 30th, 2013 at 09:32 | #16

    any units for sale?

  17. Owner
    July 30th, 2013 at 10:05 | #17

    @agent
    How do I contact you?

  18. Ben
    August 6th, 2013 at 22:47 | #18

    @Owner, u may drop me an email at benlim88888@gmail.com if u wish to sales.

  19. benjamin
    August 13th, 2013 at 15:17 | #19

    i think owner is looking for buying

  20. Goreng
    August 28th, 2013 at 23:05 | #20

    Yawning, progressing slow…..

  21. Win
    September 2nd, 2013 at 01:25 | #21

    so far i think the progress still acceptable. But, anyone know the double storey bus interchange building design? coz no prototype over office there. hopefully it will look more high class and modern..

  22. hunter
    September 2nd, 2013 at 14:53 | #22

    it will be high class!

  23. Win
    September 4th, 2013 at 04:34 | #23

    really? but how u know? pisa become so high class, i think the bus interchange should be the same gua, if not degrade setia and government project ad

  24. hunter
    September 5th, 2013 at 21:21 | #24

    petrol up 10%..so house also up 10%?? :)

  25. 2012
    September 15th, 2013 at 16:08 | #25

    hows the progress in Arena?
    Is it not full DIBS?

  26. delay
    September 20th, 2013 at 09:45 | #26

    This is full DIBS. the longer it delay, the better for speculators because pay 0 and price continue up

  27. 2012
    September 23rd, 2013 at 01:28 | #27

    why some said its 90% dibs some 100% dibs?
    I think the olive hotel and Spice eventually will bring up the life in this area, bayan baru.

  28. delay
    September 24th, 2013 at 16:32 | #28

    2012 :
    why some said its 90% dibs some 100% dibs?
    I think the olive hotel and Spice eventually will bring up the life in this area, bayan baru.

    yes sir

  29. bma
    October 2nd, 2013 at 11:36 | #29

    only until VP…the customer need to pay intereset by themsleves.

  30. delay
    October 3rd, 2013 at 00:20 | #30

    good enough lah.. that time, the price is 3x

  31. look for lelong
    October 5th, 2013 at 13:45 | #31

    Hi buyer, what happen to this developer ? Change owner already, right?

  32. website
    October 5th, 2013 at 21:34 | #32

    even the company website has closed down…what happen? shxt!!!

    look for lelong :
    Hi buyer, what happen to this developer ? Change owner already, right?

  33. Gong song
    October 6th, 2013 at 02:03 | #33

    Wtf

  34. Jacqueline
    October 6th, 2013 at 10:17 | #34

    huh? Closed down or the developer runs away?

  35. JT
    October 6th, 2013 at 12:46 | #35

    @website
    Website still working la.

  36. delay
    October 6th, 2013 at 21:52 | #36

    don’t try to create panic :)
    http://www.gvcapital.my/

  37. 2012
    October 8th, 2013 at 07:26 | #37

    The current progress, at the podium car park already.

  38. delay
    October 9th, 2013 at 16:38 | #38

    please continue to feel jealous and hope that this project will fail.

  39. JT
    October 12th, 2013 at 13:00 | #39

    @look for lelong
    Where is the news?

  40. ttl
    October 13th, 2013 at 22:22 | #40

    JT :
    @look for lelong
    Where is the news?

    another sour grape

  41. 2012
    October 14th, 2013 at 23:48 | #41

    how much for sub-sale now?

  42. Power
    October 15th, 2013 at 01:54 | #42

    @ttl
    Asking for source of the so called news considered sour grape? What a retard.

  43. ttl
    October 15th, 2013 at 09:50 | #43

    @Power
    another sour grape

  44. ttl
    October 15th, 2013 at 09:50 | #44

    @2012
    check mudah

  45. power down
    October 17th, 2013 at 08:43 | #45

    @Power
    sounds like you are one too

  46. JL Lim
    October 17th, 2013 at 11:00 | #46

    Dear owner,
    Im interest to hv one for own stay…pls drop me an mail if you want to let go your unit

    June7875@gmail.com

  47. power down
    October 18th, 2013 at 15:54 | #47

    @JL Lim
    700k ok?

  48. buyer
    October 18th, 2013 at 18:30 | #48

    if 1450sf residential high floor, yes, I want

  49. JT
    October 19th, 2013 at 01:14 | #49

    @JL Lim
    Why do sjkc buyers usually spell out the reason of their purchase? Do you think seller cares whether you are buying for your own stay, renting it out, investment, or just purely for fun? Are you guys really that naive?

  50. JL June
    October 19th, 2013 at 12:44 | #50

    JT,
    I know no one care abt the purpose but I respect this forum…

  51. JL June
    October 19th, 2013 at 12:57 | #51

    N with the main purpose…reduce everyone time

  52. JT
    October 19th, 2013 at 13:08 | #52

    @JL June
    You respect and you need to spell out the reason? Do you go buy a bread and tell the bread-man you are buying for yourself, your neighbor or the orphanage? Get real.

  53. JT
    October 19th, 2013 at 13:11 | #53

    @JL June
    How can it reduce everyone’s time? You mean if you are buying as an investment you are prolonging the sellers time? That’s why education background is important. If you were brought up with the type that memorize everything like a robot, the way you converse is also like a prepared statement.

  54. wbk2
    October 19th, 2013 at 15:43 | #54

    JT :
    @JL June
    How can it reduce everyone’s time? You mean if you are buying as an investment you are prolonging the sellers time? That’s why education background is important. If you were brought up with the type that memorize everything like a robot, the way you converse is also like a prepared statement.

    please stop this talk. no use. crazy peoples

  55. Win
    October 19th, 2013 at 19:50 | #55

    he like to make noise on ppl. why he so concern..haha

  56. 2012
    October 20th, 2013 at 08:20 | #56

    1295/1495*580 = 751100/867100
    interested?

  57. 2012
    October 20th, 2013 at 08:28 | #57

    if u are interested, u can email me: ericoon1999@gmail.com

  58. v
    October 21st, 2013 at 14:30 | #58

    750k for 1295? ok

  59. Shtan
    October 28th, 2013 at 01:18 | #59

    hi, Any unit still available ?

  60. 2012
    October 28th, 2013 at 21:06 | #60

    who is interested? i am interested to sell off….
    780k deal! ericoon1999@gmail.com

  61. islander_ori
    October 28th, 2013 at 21:27 | #61

    @2012
    rushing to aviod 30% RPGT?

  62. rush
    October 31st, 2013 at 16:53 | #62

    islander_ori :
    @2012
    rushing to aviod 30% RPGT?

    of course… u want to buy? I am seeling for 779,999 only. Competing with 2012 but will not go down further

  63. KK
    October 31st, 2013 at 17:03 | #63

    Elite Height less than 500psf as of now. Why would anyone pay 580psf for this is beyond me.

  64. rush
    November 1st, 2013 at 09:42 | #64

    @KK

    KK :
    Elite Height less than 500psf as of now. Why would anyone pay 580psf for this is beyond me.

    very simple lah.
    1) this is freehold and non business title – so you save on utility
    2) this is nearer to housing area in sunway and not so packed with dense apartments like elite
    3) this is nearer to spice garden and the hotel

    Elite is not elite at all

  65. rush
    November 1st, 2013 at 09:44 | #65

    islander_ori :
    @2012
    rushing to aviod 30% RPGT?

    selling now is a win win, seller save RPGT 30%, so they caj less price on selling price :)

  66. KK
    November 1st, 2013 at 09:54 | #66

    rush :@KK

    KK :Elite Height less than 500psf as of now. Why would anyone pay 580psf for this is beyond me.

    very simple lah.1) this is freehold and non business title – so you save on utility2) this is nearer to housing area in sunway and not so packed with dense apartments like elite3) this is nearer to spice garden and the hotel
    Elite is not elite at all

    dude…..Elit got SEAVIEW for a lot units…..what VIEW your Arena has? blocked condo view? LMFAO… :p

  67. KK
    November 1st, 2013 at 11:19 | #67

    @rush
    You are funny and ignorant. Elite and Arena are stone throw away, and both are also freehold. Must be one of those flippers who do not know much.

  68. rush
    November 5th, 2013 at 21:33 | #68

    KK :
    @rush
    You are funny and ignorant. Elite and Arena are stone throw away, and both are also freehold. Must be one of those flippers who do not know much.

    elite is biz title.. got ppl in out. Arena residence is residence only. better, nobody open busienss there. sea view? haha

  69. 2012
    November 5th, 2013 at 22:13 | #69

    i agree with the elite not elite at all….now the jusco freebie gone away d..
    there is not much of differences between elite and Arena.
    i personally think 780k is a fair price. dont u think so?

  70. Win
    November 7th, 2013 at 00:20 | #70

    I hope commercial title of Arena can change to residential like one world condo

  71. Wonder
    November 7th, 2013 at 00:26 | #71

    @Win

    Where did you this information ?

  72. KK
    November 7th, 2013 at 01:04 | #72

    rush :

    KK :
    @rush
    You are funny and ignorant. Elite and Arena are stone throw away, and both are also freehold. Must be one of those flippers who do not know much.

    elite is biz title.. got ppl in out. Arena residence is residence only. better, nobody open busienss there. sea view? haha

    Maybe you should not use google translate when typing. Why out of a sudden you mention seaview? First time heard the term of biz title as well. Bravo to SJKC education. No wonder all the higher management in MNC are from SK background( majority is Indian/Malay with a few Chinese from SK ). Hardly see senior management from SJKC. Perhaps education play a key role, dont you think?

  73. islander_ori
    November 7th, 2013 at 08:08 | #73

    @KK
    Many businessman and entrepreneurs are from SJKC as well.
    Maybe you are buying property from developer which is owned SJKC educated boss.
    Senior management is still employee to the MNC and they don’t own the company.
    Think about this ……

  74. Chocolate
    November 7th, 2013 at 09:17 | #74

    Eat rice but dont know where the rice come from..sad.

  75. KK
    November 7th, 2013 at 11:43 | #75

    @islander_ori
    Wrong. The early successful chinese opt for SK instead of SJKC. Only recently have theChinese shift to SJkC because they do not want their child to mix with other races. Thus lead to their potential downfall in the near future.

  76. Chocolate
    November 7th, 2013 at 14:21 | #76

    KK :
    @islander_ori
    Wrong. The early successful chinese opt for SK instead of SJKC. Only recently have theChinese shift to SJkC because they do not want their child to mix with other races. Thus lead to their potential downfall in the near future.

    I laugh front and back!

  77. resident evil
    November 7th, 2013 at 14:34 | #77

    Win :
    I hope commercial title of Arena can change to residential like one world condo

    arena residence is already on resident title..why need to change?

  78. resident evil
    November 7th, 2013 at 14:35 | #78

    KK :
    @islander_ori
    Wrong. The early successful chinese opt for SK instead of SJKC. Only recently have theChinese shift to SJkC because they do not want their child to mix with other races. Thus lead to their potential downfall in the near future.

    can we focus on the topic here? its about arena future.. stop SRJK talk. thank

  79. elit
    November 8th, 2013 at 21:14 | #79

    Difficult to categorised this funny half-breed project ..1 tower commercial title share common facilities with the other residential tower. Somomore got free exhaust smoke from buses in and out from the 2 stories bus interchange nex to it. The swimming pool size like a big bath tub. Good thing is can walk over to SPICe to enjoy the Olympic size swimming pool.

  80. 2012
    November 9th, 2013 at 14:11 | #80

    this is still understandably expected from Arena as the location is prime.
    i have difficulty to categorize so called elit residence with jusco as the hype…but, see what can the residents got in the end?

  81. resident evil
    November 13th, 2013 at 14:49 | #81

    elit :
    Difficult to categorised this funny half-breed project ..1 tower commercial title share common facilities with the other residential tower. Somomore got free exhaust smoke from buses in and out from the 2 stories bus interchange nex to it. The swimming pool size like a big bath tub. Good thing is can walk over to SPICe to enjoy the Olympic size swimming pool.

    this is = ?

    2012 :
    this is still understandably expected from Arena as the location is prime.
    i have difficulty to categorize so called elit residence with jusco as the hype…but, see what can the residents got in the end?

    this is = ?

  82. 2012
    November 17th, 2013 at 09:53 | #82

    The Arena vs The Elit

  83. 88
    December 9th, 2013 at 16:56 | #83

    Could any one update the progress of Arena. Heard that the project has almost completed the car park construction.

  84. chong
    December 9th, 2013 at 17:18 | #84

    Does anyone receive monthly progressive interest advice from the banker, i presume the statement is meant for information since the project is under DIBS…?

  85. wow….
    December 9th, 2013 at 21:39 | #85

    yes, I received all this while and I did confirmed with Bank, is for information.

  86. BBaru
    December 11th, 2013 at 10:29 | #86

    driven passed by the site last weekend, construction work is on and look like carkpark portion is completed soon.

  87. 88
    December 11th, 2013 at 11:15 | #87

    @BBaru
    Thanks for the update BBaru…looking forward to see more good progress for this project :)

  88. wow….
    December 14th, 2013 at 19:21 | #88

    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

  89. JK
    December 15th, 2013 at 15:25 | #89

    Car park balloting started this weekend, GV mention additional car park can be purchase in early of next year

  90. Win
    December 16th, 2013 at 22:44 | #90

    I get double park car park.. sien ahh!!!!!!!!!!! unfair!!!!!!!!!!!
    we pay same amount of money leh!!!!!!!!

  91. wow….
    December 17th, 2013 at 06:15 | #91

    @Win
    Agreed… is unfair and very the sien

  92. xhaha
    December 18th, 2013 at 11:13 | #92

    those side by side carpark usually already pre-assigned to VIPs or internal staffs.. draw lots? haha..

  93. vvip
    December 18th, 2013 at 11:28 | #93

    Mine side by side. :)

  94. hope
    December 23rd, 2013 at 15:32 | #94

    the car park system is not fairly done. It should have been done based on your buying order. those who buy first should get a chance to select (not ballot), followed by the next. definitely unfair especially for those who lined up overnight and bought the unit first, but didn’t get a chance to select.

  95. hopeless
    December 24th, 2013 at 09:30 | #95

    That piece of land is so small and expected developer to squeeze in every inch to $$$.. what do you expect from a totally new developer and don’t see there is 2nd project upcoming.. at such market condition, probably an hit and run case. More worry about the build quality whether up to satisfaction, rather than the car park.

  96. Never
    December 24th, 2013 at 10:20 | #96

    Already bought and dont regret.

  97. hopeless
    December 24th, 2013 at 11:46 | #97

    @Never
    not regret, only “um-tui” nia…

  98. Win
    December 26th, 2013 at 01:28 | #98

    i think arena management can do balloting every year, then only fair to every one..

  99. yeung
    December 26th, 2013 at 09:28 | #99

    Balloting is a fair process. It is like that, there is no way in this world to satisfy everybody. If balloting every year and you still so bad luck to have chosen back-to-back, then you will start to use your genius brain and come out with a “fairer system” like, those who get back-to-back this round should automatically get side-by-side next round. Hahaha…..ppl never grateful.

    I got side-by-side!!! Merry Xmas everyone hohoho…

  100. hopeless
    December 26th, 2013 at 10:30 | #100

    This is not SP Setia or Mah Sing or IJM, what can you do? only “um kan” nia. May lose 20K more on subsale price as it is front-back carpark. Just hope that the build quality will be decent enough for a better subsale price.

  101. dude
    December 27th, 2013 at 16:50 | #101

    hopeless :
    @Never
    not regret, only “um-tui” nia…

    hahaaha. well said

  102. dude
    December 27th, 2013 at 16:52 | #102

    yeung :
    Balloting is a fair process. It is like that, there is no way in this world to satisfy everybody. If balloting every year and you still so bad luck to have chosen back-to-back, then you will start to use your genius brain and come out with a “fairer system” like, those who get back-to-back this round should automatically get side-by-side next round. Hahaha…..ppl never grateful.
    I got side-by-side!!! Merry Xmas everyone hohoho…

    the issue is whoever buy first will choose parking first, that is fairest. but this is still a good piece of deal since you pay few K only to lock down the price

  103. wbk2
    December 27th, 2013 at 22:25 | #103

    hopeless :
    This is not SP Setia or Mah Sing or IJM, what can you do? only “um kan” nia. May lose 20K more on subsale price as it is front-back carpark. Just hope that the build quality will be decent enough for a better subsale price.

    nonsense talk..

  104. CB2
    January 12th, 2014 at 17:19 | #104

    I heard from Golden Triangle buyers that actually can get help from KPKT if S&P stated 2 car parks but only been given a front-back carpark. Front-back carpark is only consider as one car park per KPKT.. You can enquire KPKT and try to load a complaint and negotiate with GVC, may be at least to get some compensation. Hope it help.
    kpkt.gov.my

  105. Win
    January 12th, 2014 at 23:41 | #105

    And change the commercial title to residential title like one world

  106. pintu
    January 13th, 2014 at 09:05 | #106

    this is already residential. the cukai pintu for the residential block should be 200-400 range. for commercial block, is 2k +. Good luck with that

  107. change
    January 13th, 2014 at 22:15 | #107

    @CB2
    Thanks for the tips. Got their word to switch for me a side by side carpark. Let see whether they walk the talk.

  108. Win
    January 14th, 2014 at 02:55 | #108

    2k+ for cukai pintu? so expensive?
    How are you confirmed already changed to residential title?

  109. elit
    January 14th, 2014 at 10:20 | #109

    @Win
    No change. It is still “mixed breed” of 1 block commercial+1 block residential in order to avoid requirement to build LMC, but ended up to build a bus terminal beside. Good luck dude.

  110. Get your facts right
    January 14th, 2014 at 10:43 | #110

    @pintu

    Go search and analyze first before making any comments. MPPP has already defined how the assessment is calculated.

    The assessment depends on the “Annual Value of Property” x “Annual Percentage Rate”.

    Since Arena Commercial and Residential blocks sit on the same land just adjacent to each other, hence the “Annual Value of Property” of both blocks should be fairly the same. If there is a huge difference, then this is largely contentious as it does not make sense at all.

    “Annual Percentage Rate” Commercial = 10.30%
    “Annual Percentage Rate” Strata (Residential) = 7.50%

    So, if the assessment is fairly calculated, the main difference should be just 10.30% – 7.50% = 2.80%.

  111. Win
    January 15th, 2014 at 19:51 | #111

    i think @change and @elit are the same person who is from Elite and keep trying bullshit on another properties..
    nowadays so many bad guys who can cheating without thinking, just like our kangkung king..
    hopefully ur house never have visited by thieves since you are so kind and honest..good luck to u too

  112. change
    January 16th, 2014 at 06:31 | #112

    @Win
    If you are happy with your front-back car park, then it is up to you, but mind on your argument and don’t get me into this mess. I am just lucky to get help from a friend (who bought GT) to proceed to claim what I entitled for.

  113. pintu
    January 16th, 2014 at 10:42 | #113

    Win :
    2k+ for cukai pintu? so expensive?
    How are you confirmed already changed to residential title?

    don’t have to confirm. i bought the resindential unit. i meant the commercial unit people should start to worry and plan to request for appeal. learn from 1-sky people

  114. pintu
    January 16th, 2014 at 10:44 | #114

    Get your facts right :
    @pintu
    Go search and analyze first before making any comments. MPPP has already defined how the assessment is calculated.
    The assessment depends on the “Annual Value of Property” x “Annual Percentage Rate”.
    Since Arena Commercial and Residential blocks sit on the same land just adjacent to each other, hence the “Annual Value of Property” of both blocks should be fairly the same. If there is a huge difference, then this is largely contentious as it does not make sense at all.
    “Annual Percentage Rate” Commercial = 10.30%
    “Annual Percentage Rate” Strata (Residential) = 7.50%
    So, if the assessment is fairly calculated, the main difference should be just 10.30% – 7.50% = 2.80%.

    time has already told, commercial title will pay much more. residential will be much lesser. the basis for charging comercial more is because they supposedly can do business there, thus pay more taxes. simple as that. you will see huge price difference later commeercial vs residential units though same community.

  115. Window
    January 16th, 2014 at 12:54 | #115

    @pintu
    Commercial title units will share the same facilities and same access as your residential units. How come your residential title units can sell much higher price (other than lower water & electric bill)? The may be selling price difference a bit, but definitely commercial units can fetch better rental since can rent without restriction/ do business/ become SOHO as well.

  116. pintu
    January 16th, 2014 at 19:16 | #116

    Window :
    @pintu
    Commercial title units will share the same facilities and same access as your residential units. How come your residential title units can sell much higher price (other than lower water & electric bill)? The may be selling price difference a bit, but definitely commercial units can fetch better rental since can rent without restriction/ do business/ become SOHO as well.

    because of these reasons of supply and demand. you will get less demand for commercial units because :
    1) there is not so many people want to open office in an aparment
    2) making it a homestay is not attractive too due to its location and lack of facilities
    3) mean 90% of residential tenant will stay there, not commercial people
    4) residential tenant however don’t want to stay there because people do business there and it’s not safe having people coming in and out your apartment (strangers, customers, etc)
    5) cukai pintu is high, 2K + looking at 1-sky example
    6) electric bill 30% higher

    summary : commercial unit price will not be attractive, less demand

  117. cool
    January 16th, 2014 at 22:13 | #117

    Both commercial and residential will have their own market due to the price different by unit size, 1250 vs 1450. The smaller one is more affordable, while the bigger one is good for larger family. No point to compare until cows come home. Cheers

  118. PEN
    January 16th, 2014 at 22:15 | #118

    @pintu
    Agreed on point 1, 5 & 6, but not others. For 2 & 3, I think it is good location for homestay as next to PISA, the new bus interchange, & near to Pantai Hospital and supermarkets. For 4, it is not much difference whether you stay in the commercial block or residential block, as both share the same access & door way, and share the same common facilities. So may be a bit premium for residential title due to the cukai pintu & electrical bill, but not huge price gap.

  119. pintu
    January 20th, 2014 at 19:35 | #119

    PEN :
    @pintu
    Agreed on point 1, 5 & 6, but not others. For 2 & 3, I think it is good location for homestay as next to PISA, the new bus interchange, & near to Pantai Hospital and supermarkets. For 4, it is not much difference whether you stay in the commercial block or residential block, as both share the same access & door way, and share the same common facilities. So may be a bit premium for residential title due to the cukai pintu & electrical bill, but not huge price gap.

    PEN – “like”

  120. eve
    February 4th, 2014 at 15:55 | #120

    @change,
    Mind to share how you get the car park chaneg to side by side?

  121. eve
    February 4th, 2014 at 15:57 | #121

    hi, Mind to share how to get the car park change to side by side?@change

  122. change
    February 5th, 2014 at 01:32 | #122

    CB2 :
    I heard from Golden Triangle buyers that actually can get help from KPKT if S&P stated 2 car parks but only been given a front-back carpark. Front-back carpark is only consider as one car park per KPKT.. You can enquire KPKT and try to load a complaint and negotiate with GVC, may be at least to get some compensation. Hope it help.
    kpkt.gov.my

    @eve

  123. new
    February 10th, 2014 at 00:15 | #123

    finally can get compensation or changed to side by side car park?

  124. jackpg
    February 10th, 2014 at 08:04 | #124

    Mind sharing the exact link in kpkt? Under which section does it say front-back car park is considered as one car park?

  125. pintu
    February 13th, 2014 at 16:02 | #125

    sorry. don’t have. any progress so far?

  126. eve
    February 18th, 2014 at 10:51 | #126

    ok, thanks. @change

  127. LeeCoo
    March 5th, 2014 at 12:02 | #127

    Is any facebook page for the arena?

  128. reg
    March 9th, 2014 at 22:44 | #128

    nope..but you can set up one

  129. tenant
    March 20th, 2014 at 11:06 | #129

    @leecoo – have you set up one yet? pls send us the link

  130. Fen Tan
    March 24th, 2014 at 11:43 | #130

    @tenant, you can search in facebook now= “arena residences”

  131. tenant
    March 24th, 2014 at 13:59 | #131

    Fen Tan – its no there. can send link?

  132. Fen Tan
    April 1st, 2014 at 15:41 | #132

    @tenant – i tried to post the link, but was removed by admin here. Search “Arena Residences, Penang”

  133. Karen G
    May 3rd, 2014 at 14:53 | #133

    I am the owner of a unit of 1250sqft. I am intend to sell off my unit. Kindly email me @ gpshin@hotmail.com if you are interested. Thank You.

  134. Susan Kor
    May 7th, 2014 at 22:09 | #134

    @Karen G

    Your unit comes with commercial title?

  135. Lee
    May 15th, 2014 at 14:47 | #135

    Hi Owner , I’m direct buyer interested for residential title unit. Pls contact me if u want to let go ur unit , Thanks. 016-4480183 / 016-4226599

  136. Tan
    August 25th, 2014 at 23:50 | #136

    Hi all Owner , I’m direct buyer who are really interested for residential title unit. Pls contact me if u want to let go ur unit , Thanks. 012-4799862

  137. Andy
    September 4th, 2014 at 16:03 | #137

    This is commercial title, suitable for homestay venture.

  138. KK
    September 4th, 2014 at 22:19 | #138

    Tower 1 is Residential title and Tower 2 is Commercial title. Both are freehold. Total units around 320. Developer don’t allow selling and buying until OC obtained.

  139. nilsen
  140. KK
    September 4th, 2014 at 22:28 | #140

    Tower 1 comes with 1300 sqft and 1450 sqft ( 6 units per floor) . Tower 2 comes with 1250 sqft only ( 10 units per floor).

  141. PG
    September 4th, 2014 at 23:46 | #141

    Saw some investors turn their 1-sky to homestay, Arena location is more strategic with bus station and SPICE.

  142. Andy
    September 5th, 2014 at 10:49 | #142

    Ah Chai, where are you?

  143. PG
    September 5th, 2014 at 14:48 | #143

    @Andy

    Ah Chai is busy sapuing properties all over penang. haha.

  144. Lee
    September 27th, 2014 at 15:22 | #144

    Hi owner, we are interested for 1450sqft , residential title unit….if u wan let go…kindly contact us ya… Thanks. 0164226599

  145. anson
    December 11th, 2014 at 12:08 | #145

    hi,Im owner at 16 flood 1250 sqft intend to sell off my unit. Kindly email me fong-83@hotmail.com if anyone are interested.

  146. LeeKK
    December 11th, 2014 at 14:53 | #146

    I would by your with RM500K, deal?

  147. BN
    January 11th, 2015 at 10:20 | #147

    When OC expected to obtain?
    How much for a 1450 sgft how?

  148. Cheng
    January 13th, 2015 at 22:47 | #148

    Location is good. I think psft will be around RM550 for 1450 sqft (free hold + residence title + 2 car parks). OC will be around September 2015. The condo in penang is over supply, developers finding it hard to sell new projects, the price will be stagnant or scalding down for condo.

  149. bob
    March 10th, 2015 at 14:02 | #149

    Hi all Owner , I’m direct buyer who are really interested for residential title unit. Pls contact me if u want to let go ur unit pls call 0164367698 bob

  150. Kam
    March 18th, 2015 at 17:09 | #150

    1250 sq feet for sale.
    contact arena_nano99@outlook.com for more detail.

  151. buying
    March 18th, 2015 at 23:42 | #151

    I was told by my lawyer previously, that unit under construction cannot be bought or sold as resale.
    can the seller(s) of these units advise how can I go about if I want to buy your unit…as Arena is still under construction…thank you.

  152. Kam
    March 19th, 2015 at 16:44 | #152

    PM for more details

  153. Cheng
    March 22nd, 2015 at 23:48 | #153

    Need to wait until OC obtain, then only can sell and buy. Landscape area on level 6 is quite small but location is superb and foot bridge link to spice and connecting to bus interchange and shop lot will be completed soon. Tower A is residential title (1300 & 1450 sqft) and Tower B is commercial title (1250 sqft). I think it is a good buy for sub-sales if price is reasonable.

  154. Khor
    March 23rd, 2015 at 17:57 | #154

    I am interested on residential title unit. Any owner can contact me at wtkhor0909@yahoo.com

  155. coco
    April 14th, 2015 at 12:00 | #155

    when will be the residential unit completed?

  156. winner
    April 28th, 2015 at 15:40 | #156

    @coco

    Easily can sell RM700/sf.

  157. Cheng
    April 28th, 2015 at 16:25 | #157

    If RM700/sf, then 1450/sf can be sold to foreigners. I doubt this area can fetch so high price.

  158. Kam
    May 11th, 2015 at 00:03 | #158

    definitely not 1450/sf. Guess the most only 550 per sq foot now.

  159. SHTAN
    May 12th, 2015 at 08:25 | #159

    Hi , I’m direct buyer who are really interested for residential title unit. Pls contact me if u want to let go u unit , Thanks. 012-5273672

  160. Winner
    May 29th, 2015 at 10:20 | #160

    OC soon. RM700/sf.

  161. David
    May 29th, 2015 at 10:37 | #161

    winner :@coco
    Easily can sell RM700/sf.

    Easily can sell RM 1200/sq.ft.

  162. Www
    June 2nd, 2015 at 09:24 | #162

    Oc for both residence and shoplot when can get

  163. pama
    June 6th, 2015 at 13:25 | #163

    Received SMS that we have to start serve the interest in Jun15. Is Vacant Possession ready?

  164. NoName
    June 16th, 2015 at 08:16 | #164

    Interested in residential title unit, any owner let go? prefer lower floor.

  165. Arena
    June 16th, 2015 at 17:17 | #165

    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.

  166. armo
    June 16th, 2015 at 18:10 | #166

    How much can sell?

  167. Cheng
    June 17th, 2015 at 23:49 | #167

    For commercial 550sf and 600 sf for residential title. I think that is the present market price.

  168. Cheng
    June 18th, 2015 at 00:01 | #168

    Vacant possession not ready yet but buyers need to serve bank interest once 80% completion. It means the roads serving the said building was completed. Still need to wait 2 to 3 months to get the keys?

  169. JT
    June 18th, 2015 at 03:10 | #169

    Sorry but i can’t help but laugh. Which VIP so free to buy a low cost unit and bargain on a remaining 25% payment which will be charge GST? I guess the its not VIP but VFP, Very Free Person.

    Arena :
    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.

  170. buying
    June 18th, 2015 at 10:41 | #170

    JT :Sorry but i can’t help but laugh. Which VIP so free to buy a low cost unit and bargain on a remaining 25% payment which will be charge GST? I guess the its not VIP but VFP, Very Free Person.

    <A href="#comment-358699"

    OOPs….maybe you read wrongly….there is not mention of VIP bought Arena or VIP bargain on the remaining 25% payment which will be charged GST….
    from the post…the VIP is the mediator….

  171. byy
    June 18th, 2015 at 10:54 | #171

    All speculators who bought property in Bayan Baru/Sg Ara/relau area really need to worry, be very very worry. There are just way too many newly completed, and going to be completed projects in the market. Supply is definitely far beyond demand for the subsale, it will be tough to sell off the units, not to mention with good price. There is no market for rent neither, foreigners will not choose this area, and local would rather buy their own rather than paying the rental.

    Those speculators who do not have solid financial background and holding power, be ready to get themselves burnt.

  172. Gurney
    June 18th, 2015 at 11:09 | #172

    Cheng :
    For commercial 550sf and 600 sf for residential title. I think that is the present market price.

    Should be the other way round. Commercial title generally commands higher economic value. You can actually turn it into homestay legally. There are many investors in Elit and 1-world turn their units into hotel.

  173. Cheng
    June 18th, 2015 at 22:37 | #173

    Don’t need to worry at all, Arena Residency’s location is superb. Still making profit if sell at below market price of 500 sf. Surrounded by 3 landmark, Spice Arena, D’piazza Mall and Olive Tree Hotel. so many people wanted to buy as indicated in this blog.

  174. LowIncomeMaleInHis30s
    June 22nd, 2015 at 13:16 | #174

    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.

  175. Cheng
    June 22nd, 2015 at 23:48 | #175

    Tower A is a residential title, 6 units per floor. 2 units balcony facing spice (1450sf), 2 units each facing D’piazza and Olive Tree . All 4 units 1300 sf. Tower B is a commercial title. 10 units per floor. All units 1250 sf. 6 units balcony facing sunway residence. Each 2 units balcony facing D’piazza and Olive Tree of Tower A. I think so..

  176. Khoo
    June 29th, 2015 at 00:43 | #176

    @Cheng
    Cheng, if the developer is SP Setia, Eco-World, Mahsing, based on their product quality, maybe we can consider RM550 for this project. But remember the developer is Golden Virtue Capital, you may go to check your unit first since now already VP. Some more for the bus interchange is a disadvantage, it will be the foreign workers gathering place like Bukit Jambul, create more security problem. Remember now the property market is down trend and everywhere have affordable condo below 500k. If u are lucky, maybe u can sell max to RM500 sqft, else get ready to pay for huge loan interest.

  177. tomyam
    June 29th, 2015 at 08:15 | #177

    @byy

    I believe most people here got holding power, but the rental market rate once all project is ready will really terrible.

  178. Andy
    June 29th, 2015 at 09:12 | #178

    I bought mine at less than 400k, not too bad if can let go at RM500 psft.

  179. Cheng
    June 29th, 2015 at 14:24 | #179

    Andy. I believe so you can sell your unit at RM500psf. Eco World is selling at RM850psf at Paya Terubong but still have people bought it. I believe Arena’s location is much better than Eco Terraces but some people prefer well known developers, there is no right or wrong answer. As long you are happy, so you are..

  180. NoName
    July 3rd, 2015 at 08:07 | #180

    Hi, I’m looking at 1300 sqft at lower floor (less than 15th floor) for tower that have residential title. Prefer to buy direct from seller (not agent). If you let go your unit, pls sms me 0124689089.

  181. TH
    July 5th, 2015 at 09:58 | #181

    Hi all, i’m looking for 1300sf Tower 1 or 1250sf Tower 2 Middle to High Floor from Direct Owner. Interested to sell, please contact/whatapps me at 012-4766539.

  182. Khoo
    July 11th, 2015 at 23:43 | #182

    Cheng :Andy. I believe so you can sell your unit at RM500psf. Eco World is selling at RM850psf at Paya Terubong but still have people bought it. I believe Arena’s location is much better than Eco Terraces but some people prefer well known developers, there is no right or wrong answer. As long you are happy, so you are..

    Eco World is over priced even they are branded and give many good package, most of the booking buyer from KL and just simply put sticker, it should be a fake buyer. They are using the strategic same like Ideal Property, first few days most of units sold out with sticker. When you personally ask with sales person, slowly drill down and you will noticed more and more units are still available even the units are with sticker. My friend still able to bought a unit from Ideal after the project launch more than 2 years ++..

  183. Khoo
    July 12th, 2015 at 00:03 | #183

    If you are monitor closely, the property market start down trend few months ago. The approval rate for the housing loan in Penang now only 30%, means 10 persons apply only 3 persons can get approve for the loan, really bad. In fact, if the property is sell at 600k++, your salary need to be at least RM10,000 above, so that can pay loan monthly installment at least RM3000, maintenance fee, quit rent, etc. Nowadays, not many buyer affordable to buy for own stay, investor also won’t buy as rental for this area not able to cover the loan installment. Some more, there are many properties build this area, so a lot of options to choose, let’s the price to compete.

  184. Alexander
    Alexander
    July 25th, 2015 at 16:31 | #184

    my budget max 750k. Any owners willing to let go can contact me at Alexanderking6666@gmail.com. Thanks

  185. Cheng
    July 26th, 2015 at 15:52 | #185

    Passed by Arena, I was so impressed by the rooftop side wall combination lighting. The blue and day light color really make the Arena Residence lively and stunning. Thump up for Golden Virtue Capital. The management is so creative and willing to spend more than RM100K to make this condo spectacular and fascinating. Due to this condo structure design, it has 3 different levels, the view at Sunway Tunas will be eye catching. I hope all new projects developers are more creative to add value to customers by making their condo outstanding. There are condos with rooftop lighting but I have yet to see rooftop side wall lighting. This Arena Residency will outshine the existing condos in Bayan Baru and Bayan Lepas. Well done Golden Virtue Capital

  186. RuEe
    July 30th, 2015 at 23:23 | #186

    Alexander :my budget max 750k. Any owners willing to let go can contact me at Alexanderking6666@gmail.com. Thanks

    Hi Alexander, are you direct buyer? If your budget is within 750k, I can get you a nice 1450sqft unit. I will email you once O.C obtained. Hold on ya…

  187. Cheng
    July 31st, 2015 at 17:13 | #187

    Dropped by olive tree hotel (beside arena) to book buffer dinner but too late, Buy 1 free 1 seafood grille & buffet dinner from 5th august to 6 september was fully booked. Adults net around RM93 for two. Good business for this hotel.

  188. Liam
    August 2nd, 2015 at 23:53 | #188

    @Alexander

    Alexander, why not you consider Elite or Fiera Vista project condo? These 2 project unit size are around 1450 sqft and the facilities better than Arena. The recent actual sold out price for Elite 1465sqft only 640k. If you manage buy Arena 1450sqft with 720k, it is not worth. You pay extra 80k for same area condo. The different between Elite and Arena only the residential and commercial title. The max different amount you need to pay for the assessment fee is within 1k if compare the residential and commercial title.
    If you put your extra 80k in bank Fixed deposit, you can get 3,2k interest and use the 1k to pay the assessment fee for commercial title. Mean that you still have extra earn 2.2k per year if you buy Elite project.

  189. Law
    August 3rd, 2015 at 00:28 | #189

    @Liam
    May I know what are the facilities for Arena? It wasn’t stated in this page. Thanks.

  190. Cheng
    August 3rd, 2015 at 22:16 | #190

    Golden Triangle 2 is selling at RM500 psf and Elite sub sales only RM437 psf? Any design or layout problem for this unit? Living hall is very long and narrow?

  191. Cheng
    August 3rd, 2015 at 22:25 | #191

    I think it is the Feeling that make you buy. When I like something very much, my $ will end up in somebody pockets.

  192. song
    August 4th, 2015 at 10:51 | #192

    Elit location quite good. convenient store, hardware store, pharmacy, clinic, restaurant and cafes all there. Don’t know why the price can’t go up further. Place also very clean.

  193. Liam
    August 5th, 2015 at 09:51 | #193

    Cheng :Golden Triangle 2 is selling at RM500 psf and Elite sub sales only RM437 psf? Any design or layout problem for this unit? Living hall is very long and narrow?

    Go get any contact from housing agent and ask them what is the final deal price. Or the easy way you can check from Mudah website even it is markup price. If you still don’t believe, check with your friend that working in bank loan department. For the past few years, the property market is good because that time property price range around 500k. Unfortunately, the buyer now can affordable for condo property above 600k are very less. Foreigner also only allow to buy for condo property above 1 million. If the buyer can afford to buy higher price, why not go for double terrace house in sungai ara which around 850k.

  194. Liam
    August 5th, 2015 at 10:02 | #194

    song :Elit location quite good. convenient store, hardware store, pharmacy, clinic, restaurant and cafes all there. Don’t know why the price can’t go up further. Place also very clean.

    Overall Elite is better that Arena especially the shop lot. You can compare the shop lot design and layout between Arena and Elite. Nowadays the market have the price, but no buyer. That is why the price can’t go up further. Most of the buyers that willing buy for own stay now all is looking for the government affordable project. No buyer support for the condo property price range between 500k ~ 1million.

  195. SC
    Chua
    August 6th, 2015 at 12:24 | #195

    Hi owner, Pls contact me if you have any Tower 1 unit letting go. Direct owner only!
    +6012-4011699

  196. Cheng
    August 6th, 2015 at 17:48 | #196

    Arena doesn’t have shop lots underneath the car parks. It is the GOOD FEELING Lah that so many people interested in Arena residency.

  197. Cheng
    August 6th, 2015 at 18:04 | #197

    @Liam
    There are pros and cons. I don’t think it is wise to compare the condos you like with others.

  198. Jason
    August 7th, 2015 at 17:53 | #198

    Hi,
    I am looking for commercial unit.
    Please contact 019-4908032

  199. Lee
    August 12th, 2015 at 14:17 | #199

    Hi Owner , if your Arena 1450sqft wan to let go, kindly contact me , Thanks
    0109326288

  200. Jason
    August 14th, 2015 at 18:53 | #200

    Hi

    Jason :
    Hi,
    I am looking for commercial unit.
    Please contact 019-4908032

    I am not agent.
    I am looking for shop lot – Ground floor.

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