Iconic Point
14, Jalan Iconic Point, 14100 Simpang Ampat, Pulau Pinang, Malaysia
14, Jalan Iconic Point, 14100 Simpang Ampat, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Iconic Point
|
RM 3,170,000
|
RM 1,164
|
2,723 sqft
|
|
3-Sty Shop |
| 2022 | |||||
|
Jalan Iconic Point
|
RM 2,200,000
|
RM 808
|
2,723 sqft
|
|
3-Sty Shop |
|
Jalan Iconic Point
|
RM 2,300,000
|
RM 845
|
2,723 sqft
|
|
3-Sty Shop |
|
Jalan Iconic Point
|
RM 2,500,000
|
RM 918
|
2,723 sqft
|
|
3-Sty Shop |
|
Jalan Iconic Point
|
RM 2,300,000
|
RM 845
|
2,723 sqft
|
|
3-Sty Shop |
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Market Snapshot
CommercialRM 2,300,000
RM 845 psfMedian transaction price
14, Jalan Iconic Point, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsIconic Point in Seberang Perai Selatan, Penang recorded 5 subsale transactions between 2021 and 2026, priced from RM 2.00 million and above, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 845.
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 2.65 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.
The median PSF stands at RM 845, with core pricing between RM 715 and RM 974. Market pricing typically extends from RM 804.57 to RM 884.57, reflecting moderate variation in unit pricing. The spread of RM 80.00 (IQR) and deviation of RM 129 (MAD) suggest moderate price variations reflecting different property features.
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.