Area Intelligence

ICONIC SKIES

31 properties
2023
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Median Price
RM 867,000
PSF: RM 628

Residential Market

Median Price

RM 867,000

IQR: RM 125
MAD: RM 50
RM 628 PSF 2.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

ICONIC 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 753K to RM 981K.

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 565.75 to RM 690.25, reflecting moderate variation in unit pricing. With an IQR of RM 124.50 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.

Area Location

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ICONIC SKIES, Timur Laut, Penang

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Transactions

31 properties grouped by size

900 sqft
2 units Condo/Apartment
RM 550,000
893 sqft · RM 616.00 PSF
Jun 2023
RM 600,000
893 sqft · RM 672.00 PSF
May 2023
1,350 sqft
15 units (showing 6) Condo/Apartment
RM 831,000
1,345 sqft · RM 618.00 PSF
Dec 2023
RM 816,000
1,345 sqft · RM 606.00 PSF
Dec 2023
RM 813,000
1,345 sqft · RM 604.00 PSF
Nov 2023
RM 806,000
1,345 sqft · RM 599.00 PSF
Nov 2023
RM 943,000
1,345 sqft · RM 701.00 PSF
Jun 2023
RM 550,000
1,345 sqft · RM 409.00 PSF
Jun 2023
1,400 sqft
13 units (showing 6) Condo/Apartment
RM 865,000
1,421 sqft · RM 609.00 PSF
Dec 2023
RM 992,000
1,421 sqft · RM 698.00 PSF
Nov 2023
RM 982,000
1,421 sqft · RM 691.00 PSF
Sep 2023
RM 788,000
1,421 sqft · RM 555.00 PSF
Aug 2023
RM 996,000
1,421 sqft · RM 701.00 PSF
Jul 2023
RM 867,000
1,421 sqft · RM 610.00 PSF
Jul 2023
2,400 sqft
1 units Condo/Apartment
RM 1,486,000
2,390 sqft · RM 622.00 PSF
Jun 2023