Icon City, Bukit Tengah

Icon City (also known as Iconic City) is a freehold shop-office development located in Bukit Tengah, Bukit Mertajam. There are 71 units available at this project with built-up from 5,800 sf to 5,824 sf for shop-offices. It was developed by Iconic Development Sdn Bhd with a launch price at around RM340 psf, and was completed in about 2014.

Iconic Development Sdn Bhd is a medium-sized real estate organization held privately, and it has constructed around 6 real estate projects in Malaysia. Other similar projects by the same developer are Iconic Maison 88, Iconic Point, Iconic Regency, Iconic Skies and Iconic Vue.

Property Type
Shop-Office
Land Tenure
Freehold
Built-up
5,800 sf - 5,824 sf (Shop-Office)
Market Price
RM3,540,000 - RM3,550,000 (Shop-Office)
Density
71 Units
Completed In
2014
Launch Price
About RM340 psf

The only amenities nearby this shop-office development are some schools.

The current rental yield of Icon City is 4.36% for shop-offices. The highest rental yield ever recorded was 4.36% in Q3 2020 (shop-office); while the lowest one was 4.11% in Q1 2020 (shop-office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Shop-Office Layouts

Lastly, the most popular layout and size (built-up) combination at Icon City for shop-offices is 5,824 sf with a median price of RM610 psf. For price wise, the most expensive one is 5,824 sf with a median price of RM610 psf; while the cheapest one is 5,800 sf with a median price of RM610 psf.

Latest Icon City for sale listings:

DateTypeBuilt-upPrice
12 Nov 2021Retail1,657 sfRM3,800,000
27 Oct 2021Shop-Office5,824 sfRM3,650,000
27 Oct 2021Shop-Office5,824 sfRM3,580,000
11 Mar 2021Shop-Office5,963 sfRM3,800,000
4 Mar 2021Shop-Office5,500 sfRM3,990,000
1 Mar 2021Commercial5,800 sfRM3,800,000
26 Feb 2021Commercial6,820 sfRM3,500,000
26 Feb 2021Commercial5,876 sfRM3,500,000
22 Feb 2021Shop-Office9,280 sfRM6,200,000
20 Feb 2021Commercial5,875 sfRM3,400,000

Latest Icon City for rent listings:

DateTypeBuilt-upRental
27 Oct 2021Shop-Office5,824 sfRM13,000
10 Jul 2021Shop-Office1,800 sfRM5,000
21 Jun 2021Shop-Office1,400 sfRM3,000
12 Jun 2021Retail1,200 sfRM3,000
23 May 2021Shop-Office2,900 sfRM4,000
14 Apr 2021Shop-Office1,794 sfRM2,800
4 Apr 2021Retail1,522 sfRM3,000
19 Mar 2021Office1,482 sfRM3,500
2 Mar 2021Office1,794 sfRM3,500
30 Jan 2021Shop-Office1,794 sfRM3,000
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