ICONIC SKIES

Area Intelligence
2021
Median Price
RM 839,500
PSF: RM 622

Residential PSF Trends

Median Price

RM 839,500

PSF: RM 622

ICONIC SKIES in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 840K and a median price per square foot (PSF) of RM 622.

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 840K, with most transactions falling within a stable range of RM 711K to RM 968K, and a typical market range of RM 722K to RM 957K.

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

The median PSF stands at RM 622, with core pricing between RM 539 and RM 704. Market pricing typically extends from RM 562.50 to RM 680.50, reflecting moderate variation in unit pricing. With an IQR of RM 118.00 and MAD of RM 83, 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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Transactions

4 transactions grouped by size

1,350 sqft
Condo/Apartment
RM 645,000
Level 16
1,347 sqft · RM 479 PSF
RM 873,000
Level 22
1,356 sqft · RM 644 PSF
RM 806,000
Level 12
1,345 sqft · RM 599 PSF
1,400 sqft
Condo/Apartment
RM 1,002,000
Level 17
1,421 sqft · RM 705 PSF

No Properties For Sale

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

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