ICONIC SKIES

ICONIC SKIES in Timur Laut, Penang recorded 52 subsale transactions between 2021 and 2025, with a median price of RM 872K and a median price per square foot (PSF) of RM 643.

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 872K, with most transactions falling within a stable range of RM 755K to RM 957K, and a typical market range of RM 758K to RM 957K.

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

The median PSF stands at RM 643, with core pricing between RM 556 and RM 730. Market pricing typically extends from RM 580.75 to RM 705.25, reflecting moderate variation in unit pricing. With an IQR of RM 124.50 and MAD of RM 87, 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. Moderate transaction volume may require patience when buying or selling.