ICONIC SKIES in Timur Laut, Penang recorded 1 subsale transactions in 2025, with a median price of RM 545K and a median price per square foot (PSF) of RM 610.
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 545K, with most transactions falling within a stable range of RM 473K to RM 617K, and a typical market range of RM 428K to RM 663K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 610, with most transactions between RM 556 and RM 664. The usual range is RM 551.00 to RM 669.00, showing that most units are priced quite close to each other. With an IQR of RM 118.00 and MAD of RM 54, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
