Penang
Timur Laut
13
ICONIC SKIES

ICONIC SKIES

Area Intelligence

2021

Median Price

RM 725,500

PSF: RM 572

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Residential PSF Trends

Median Price

RM 725,500

PSF: RM 572

ICONIC SKIES in Timur Laut, Penang recorded 6 subsale transactions in 2021, with a median price of RM 726K and a median price per square foot (PSF) of RM 572.

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 726K, with most transactions falling within a stable range of RM 650K to RM 645K, and a typical market range of RM 608K to RM 645K.

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

For price per square foot, the median is RM 572, with most transactions between RM 541 and RM 603. The usual range is RM 513.00 to RM 631.00, showing that most units are priced quite close to each other. With an IQR of RM 118.00 and MAD of RM 31, 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.

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ICONIC SKIES, Timur Laut, Penang

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