ICONIC SKIES

Area Intelligence
2023
Median Price
RM 867,000
PSF: RM 628

Residential PSF Trends

Median Price

RM 867,000

PSF: RM 628

ICONIC SKIES in Timur Laut, Penang recorded 31 subsale transactions in 2023, with a median price of RM 867K and a median price per square foot (PSF) of RM 628.

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 867K, with most transactions falling within a stable range of RM 801K to RM 700K, and a typical market range of RM 753K to RM 700K.

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

The median PSF stands at RM 628, with core pricing between RM 548 and RM 708. Market pricing typically extends from RM 565.75 to RM 690.25, reflecting moderate variation in unit pricing. With an IQR of RM 124.50 and MAD of RM 80, 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. Moderate transaction volume may require patience when buying or selling.

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ICONIC SKIES, Timur Laut, Penang

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Transactions

7 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
1,350 sqft
Condo/Apartment
RM 550,000
Level 36
1,345 sqft · RM 409 PSF
RM 700,000
Level 11
1,345 sqft · RM 520 PSF
RM 700,000
Level 18
1,345 sqft · RM 520 PSF
RM 680,000
Level 27
1,345 sqft · RM 505 PSF
1,400 sqft
Condo/Apartment
RM 700,000
Level 22
1,421 sqft · RM 493 PSF

No Properties For Sale

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

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