ICONIC SKIES

Area Intelligence
2023
Median Price
RM 575,000
PSF: RM 644

Residential PSF Trends

Median Price

RM 575,000

PSF: RM 644

ICONIC SKIES in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 575K and a median price per square foot (PSF) of RM 644.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 575K, with most transactions falling within a stable range of RM 550K to RM 600K, and a typical market range of RM 550K to RM 600K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 644, with most transactions between RM 616 and RM 672. The usual range is RM 581.75 to RM 706.25, showing that most units are priced quite close to each other. With an IQR of RM 124.50 and MAD of RM 28, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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ICONIC SKIES, Timur Laut, Penang

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Transactions

2 transactions grouped by size

900 sqft
Condo/Apartment
RM 550,000
Level 13
893 sqft · RM 616 PSF
RM 600,000
Level 20
893 sqft · RM 672 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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