ICONIC VUE

Area Intelligence
2022
Median Price
RM 465,000
PSF: RM 547

Residential PSF Trends

Median Price

RM 465,000

PSF: RM 547

ICONIC VUE in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 465K and a median price per square foot (PSF) of RM 547.

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 465K, with most transactions falling within a stable range of RM 450K to RM 480K, and a typical market range of RM 453K to RM 478K.

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

For price per square foot, the median is RM 547, with most transactions between RM 530 and RM 564. The usual range is RM 532.50 to RM 561.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.00 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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ICONIC VUE, Timur Laut, Penang

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Transactions

4 transactions grouped by size

850 sqft
Condo/Apartment
RM 460,000
Level 11
850 sqft · RM 541 PSF
RM 450,000
Level 19
850 sqft · RM 529 PSF
RM 495,000
Level 23
850 sqft · RM 582 PSF
RM 470,000
Level 16
850 sqft · RM 553 PSF

No Properties For Sale

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

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