Icon City
11, Jln Icon City, Bukit Tengah, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
11, Jln Icon City, Bukit Tengah, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Icon City
|
RM 3,750,000
|
RM 640
|
5,856 sqft
|
|
|
|
Jalan Icon City
|
RM 3,500,000
|
RM 598
|
5,856 sqft
|
|
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11, Jln Icon City, Bukit Tengah, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsIcon City in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 3.63 million and a median price per square foot (PSF) of RM 619.
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 3.63 million, with most transactions falling within a stable range of RM 3.50 million to RM 3.75 million, and a typical market range of RM 3.50 million to RM 3.75 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 619, with most transactions between RM 598 and RM 640. The usual range is RM 570.57 to RM 667.57, showing that most units are priced quite close to each other. With an IQR of RM 97.00 and MAD of RM 21, 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.