ICON RESIDENCE
Kuala Lumpur, Kuala Lumpur · Freehold · 21 transactions
Median Price
RM570K
RM530K – RM1.00M
Median PSF
RM460
RM428 – RM799
Transactions
21
2021-05 to 2024-06
Size Range
215 – 2185
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for ICON RESIDENCE
Investment Return
Earliest PSF (2021)
RM755
Current PSF (2024)
RM687
Capital Gain
-9.1%
Total Return (est.)
1.8% p.a.
| Capital appreciation (3 years) | -9.1% |
| Annualised capital return | -3.0% p.a. |
| Est. gross rental yield | 4.8% p.a. |
| Est. total return (capital + rental) | 1.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -5.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Kuala Lumpur district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,250 sqft | 11 | RM530K | RM428 |
| 1,300 sqft | 2 | RM1.00M | RM755 |
Market Verdict
PSF Trend: Stable
PSF moved from RM755 (2021) to RM687 (2024)
Liquidity: Moderate
21 transactions over 3 years (~7/year)
38% below Mukim Batu average
This project: RM460 PSF vs Mukim Batu median: RM745 PSF
Est. Total Return: 1.8% p.a. (below FD)
Capital loss (-3.0% p.a.) + rental yield (~4.8% p.a.)
Verdict
ICON RESIDENCE delivers a modest estimated total return of 1.8% p.a. — comprising -3.0% capital depreciation and ~4.8% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 38% below the Mukim Batu average — potentially undervalued. Best suited for rental investors, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 21| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jun 2024 | Service Apartment | Freehold | 1,066 | RM704 | RM750K |
| May 2024 | Condominium/Apartment | Leasehold | 1,238 | RM412 | RM510K |
| Mar 2024 | Service Apartment | Freehold | 1,216 | RM687 | RM835K |
| Oct 2023 | Service Apartment | Freehold | 2,185 | RM915 | RM2.00M |
| Aug 2023 | Condominium/Apartment | Leasehold | 1,238 | RM406 | RM503K |
16 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 21 records
3 interactive charts
Scatter, price & PSF vs Kuala Lumpur & Kuala Lumpur
Percentile breakdown
25th, 50th, 75th price & PSF
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