Iconic Skies
Jalan Kampung Batak, Relau, Bayan Lepas, Penang, Malaysia
Jalan Kampung Batak, Relau, Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 13
|
RM 550,000
|
RM 616
|
893 sqft
|
|
|
|
Level 20
|
RM 600,000
|
RM 672
|
893 sqft
|
|
|
Level 26
|
RM 831,000
|
RM 618
|
1,345 sqft
|
|
|
|
Level 18
|
RM 816,000
|
RM 606
|
1,345 sqft
|
|
|
|
Level 18
|
RM 813,000
|
RM 604
|
1,345 sqft
|
|
|
|
Level 14
|
RM 806,000
|
RM 599
|
1,345 sqft
|
|
|
|
Level 36
|
RM 943,000
|
RM 701
|
1,345 sqft
|
|
|
|
Level 36
|
RM 550,000
|
RM 409
|
1,345 sqft
|
|
|
Level 17
|
RM 865,000
|
RM 609
|
1,421 sqft
|
|
|
|
Level 32
|
RM 992,000
|
RM 698
|
1,421 sqft
|
|
|
|
Level 27
|
RM 982,000
|
RM 691
|
1,421 sqft
|
|
|
|
Level 28
|
RM 788,000
|
RM 555
|
1,421 sqft
|
|
|
|
Level 34
|
RM 996,000
|
RM 701
|
1,421 sqft
|
|
|
|
Level 18
|
RM 867,000
|
RM 610
|
1,421 sqft
|
|
|
Level 4
|
RM 1,486,000
|
RM 622
|
2,390 sqft
|
|
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Market Snapshot
ResidentialRM 867,000
RM 628 psfMedian transaction price
Iconic Skies, Jalan Kampung Batak, Relau, Bayan Lepas, Penang, Malaysia
MapsIconic Skies in Timur Laut, Penang recorded 31 subsale transactions in 2023, with a median price of RM 867K 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 867K, with most transactions falling within a stable range of RM 696K to RM 1.04 million, and a typical market range of RM 750K to RM 985K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 628, with core pricing between RM 555 and RM 701. Market pricing typically extends from RM 569.02 to RM 687.02, reflecting moderate variation in unit pricing. With an IQR of RM 118.00 and MAD of RM 73, 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.