Timur Laut, Penang · Freehold · 83 transactions
Median Price
RM871K
RM700K – RM935K
Median PSF
RM632
RM555 – RM686
Transactions
83
2021-11 to 2025-07
Size Range
890 – 2433
sq.ft (built-up)
Data-driven insights for ICONIC SKIES
Earliest PSF (2021)
RM599
Current PSF (2025)
RM610
Capital Gain
+1.8%
Total Return (est.)
4.5% p.a.
| Capital appreciation (4 years) | +1.8% |
| Annualised capital return | +0.5% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 4.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +3.8% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 900 sqft | 6 | RM550K | RM616 |
| 1,350 sqft | 52 | RM873K | RM644 |
| 1,400 sqft | 22 | RM946K | RM666 |
PSF Trend: Stable
PSF moved from RM599 (2021) to RM610 (2025)
Liquidity: High
83 transactions over 4 years (~21/year)
38% above Timur Laut average
This project: RM632 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 4.5% p.a. (beats FD)
Capital gain (0.5% p.a.) + rental yield (~4% p.a.)
ICONIC SKIES delivers a moderate estimated total return of 4.5% p.a. — comprising +0.5% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 38% above the Timur Laut average, reflecting its positioning as a premium development in the area. Best suited for long-term holders, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jul 2025 | Condominium/Apartment | Freehold | 893 | RM610 | RM545K |
| Oct 2024 | Condominium/Apartment | Freehold | 1,345 | RM618 | RM831K |
| Sept 2024 | Condominium/Apartment | Freehold | 1,345 | RM632 | RM850K |
| Sept 2024 | Condominium/Apartment | Freehold | 1,345 | RM687 | RM925K |
| Sept 2024 | Condominium/Apartment | Freehold | 1,356 | RM498 | RM675K |
78 more transactions hidden
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 83 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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