ICONIC SKIES

Area Intelligence
2023
Median Price
RM 893,000
PSF: RM 628

Residential PSF Trends

Median Price

RM 893,000

PSF: RM 628

ICONIC SKIES in Timur Laut, Penang recorded 29 subsale transactions in 2023, with a median price of RM 893K 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 893K, with most transactions falling within a stable range of RM 735K to RM 1.05 million, and a typical market range of RM 779K to RM 1.01 million.

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

The median PSF stands at RM 628, with core pricing between RM 553 and RM 703. 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 75, 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.

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ICONIC SKIES, Timur Laut, Penang

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Transactions

29 transactions grouped by size

1,350 sqft
Condo/Apartment
RM 831,000
Level 26
1,345 sqft · RM 618 PSF
RM 816,000
Level 18
1,345 sqft · RM 606 PSF
RM 813,000
Level 18
1,345 sqft · RM 604 PSF
RM 806,000
Level 14
1,345 sqft · RM 599 PSF
RM 943,000
Level 36
1,345 sqft · RM 701 PSF
RM 550,000
Level 36
1,345 sqft · RM 409 PSF
1,400 sqft
Condo/Apartment
RM 865,000
Level 17
1,421 sqft · RM 609 PSF
RM 992,000
Level 32
1,421 sqft · RM 698 PSF
RM 982,000
Level 27
1,421 sqft · RM 691 PSF
RM 788,000
Level 28
1,421 sqft · RM 555 PSF
RM 996,000
Level 34
1,421 sqft · RM 701 PSF
RM 867,000
Level 18
1,421 sqft · RM 610 PSF
2,400 sqft
Condo/Apartment
RM 1,486,000
Level 4
2,390 sqft · RM 622 PSF

No Properties For Sale

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

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