Iconic Skies, Relau

Iconic Skies is a freehold condominium & landed development that is located in Relau, Penang Island. There are 299 condominium units and 14 houses available at this property with built-up from 970 sf to 1,598 sf for condominium units and 3,400 sf to 3,463 sf for houses. It was developed by Iconic Development Sdn Bhd with a launch price at about RM520 psf for condominium units, RM600 psf for houses, and was completed in about 2017.

Iconic Development Sdn Bhd is a privately held medium-scale property development company, and it has built about 6 property projects in Malaysia. Other similar projects by the same developer are Icon City, Iconic Maison 88, Iconic Point, Iconic Regency and Iconic Vue.

Property Type
Condominium & Landed
Land Tenure
Freehold
Built-up
970 sf - 1,598 sf (Condominium)
3,400 sf - 3,463 sf (House)
Market Price
RM580,000 - RM770,000 (Condominium)
RM2,290,000 - RM2,410,000 (House)
Total Units
299 Condominiums & 14 Houses
Completion Date
2017
Launch Price
RM520 psf (Condominium)
RM600 psf (House)

This condominium & landed development has some amenities nearby, e.g., universities and schools. The following are some of the main universities here:

The current rental yield of Iconic Skies is 2.48% for condominium units. The highest rental yield ever recorded was 4.05% in Q3 2023 (condominium); while the lowest one was 2.14% in Q3 2021 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at Iconic Skies for condominium units is 3-bedroom / 1,483 sf with a median price of RM490 psf. For price wise, the most expensive one is 3-bedroom / 970 sf with a median price of RM600 psf; while the cheapest one is Studio / 1,347 sf with a median price of RM480 psf.

House Layouts

Lastly, the most popular layout and size (built-up) combination at iconic skies for houses is 4-bedroom / 3,463 sf with a median price of rm660 psf. For price wise, the most expensive one is 5-bedroom / 3,400 sf with a median price of RM710 psf; while the cheapest one is 4-bedroom / 3,463 sf with a median price of RM660 psf.

Latest Iconic Skies sale listings:

DateProperty TypeBuilt-upPrice
TodayCondominium970 sfRM550,000
13 Mar 2024Condominium1,346 sfRM720,000
11 Mar 2024Condominium1,600 sfRM710,000
27 Feb 2024Condominium1,483 sfRM720,000
23 Feb 2024Condominium1,483 sfRM720,000
21 Feb 2024Condominium1,483 sfRM760,000
20 Feb 2024Condominium1,492 sfRM710,000
12 Feb 2024Condominium1,493 sfRM710,000
12 Feb 2024Condominium1,483 sfRM720,000
5 Feb 2024Condominium1,493 sfRM870,000

Latest Iconic Skies rental listings:

DateProperty TypeBuilt-upRental
6 Mar 2024Condominium1,493 sfRM2,000
23 Feb 2024Condominium1,493 sfRM2,000
23 Feb 2024Condominium1,483 sfRM1,700
1 Jan 2024Medium Room-NA-RM600
28 Dec 2023Room-NA-RM650
21 Dec 2023Condominium1,483 sfRM750
20 Dec 2023Apartment Room-NA-RM550
2 Nov 2023Condominium1,483 sfRM2,900
31 Oct 2023Condominium1,500 sfRM2,000
30 Oct 2023Condominium1,500 sfRM2,000
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