ICONIC POINT

Area Intelligence

2022

Median Price

RM 2,300,000

PSF: RM 913

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Commercial PSF Trends

Median Price

RM 2,300,000

RM 913 PSF

ICONIC POINT in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 913.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.30 million, with most transactions falling within a stable range of RM 2.20 million to RM 2.41 million, and a typical market range of RM 2.20 million to RM 2.40 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 913, with most transactions between RM 869 and RM 957. The usual range is RM 873.00 to RM 953.00, showing that most units are priced quite close to each other. With an IQR of RM 80.00 and MAD of RM 44, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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ICONIC POINT, Seberang Perai Selatan, Penang

OSM

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Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

2,500 sqft

3-Storey Shop

2,500 sqft

3-Storey Shop

RM 2,200,000

JALAN ICONIC POINT

2,519 sqft · RM 873 PSF

Sep 2022

RM 2,300,000

JALAN ICONIC POINT

2,519 sqft · RM 913 PSF

Aug 2022

RM 2,500,000

JALAN ICONIC POINT

2,519 sqft · RM 993 PSF

Jul 2022

RM 2,300,000

JALAN ICONIC POINT

2,519 sqft · RM 913 PSF

Mar 2022

JALAN ICONIC POINT	RM 2,200,000	RM 873	2,519 sqft	Sep 2022
JALAN ICONIC POINT	RM 2,300,000	RM 913	2,519 sqft	Aug 2022
JALAN ICONIC POINT	RM 2,500,000	RM 993	2,519 sqft	Jul 2022
JALAN ICONIC POINT	RM 2,300,000	RM 913	2,519 sqft	Mar 2022