ICONIC SKIES

ICONIC SKIES in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 616.

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 550K, with most transactions falling within a stable range of RM 478K to RM 622K, and a typical market range of RM 433K to RM 668K.

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

For price per square foot, the median is RM 616, with most transactions between RM 562 and RM 670. The usual range is RM 557.00 to RM 675.00, 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.

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.