i-City, Shah Alam

i-City is a freehold integrated office, residential & retail hub located in Shah Alam, Selangor. It consists of Central Tower, Central i-City, Hyde Tower, Liberty Tower, Parisien Tower, The Jewel, i-Residence, i-SOHO, i-SOVO and i-Suite. The built-up available at this project is 566 sf to 1,361 sf for apartment units, 1,503 sf for retail units, 3,000 sf to 12,000 sf for offices and 464 sf to 466 sf for SOHO units. It was developed by i-City Properties Sdn Bhd, and was completed in about 2015.

i-City Properties Sdn Bhd is a medium-sized real estate organization held privately, and it has constructed around 11 real estate projects in Malaysia. Other similar projects by the same developer are Central Tower, Central i-City, Hyde Tower, Liberty Tower, Parisien Tower, The Jewel, i-Residence, i-SOHO, i-SOVO and i-Suite.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
566 sf - 1,361 sf (Apartment)
1,503 sf (Retail)
3,000 sf - 12,000 sf (Office)
464 sf - 466 sf (SOHO)
Market Price
RM460,000 - RM690,000 (Apartment)
RM2,100,000 - RM8,400,000 (Office)
RM320,000 (SOHO)
Density
-NA-
Completed In
2015
Launch Price
-NA-

The only amenities nearby this integrated office, residential & retail hub are some schools. Several of the schools here are Baseerah International School (Shah Alam), SJK (T) Ladang Midlands, SK Seksyen 7, SRA Integrasi Dato Mufti Yusof Sahabuddin, SRA Integrasi Seksyen 7, Sekolah Safinatun Najah S7 and Tadika & Sekolah Islam Integrasi Safinatun Najah.

The current market prices for i-City are from RM460,000 to RM690,000 (about RM820 psf) for apartment units, RM2,100,000 to RM8,400,000 (about RM700 psf) for offices and RM320,000 (about RM680 psf) for SOHO units; while the monthly rentals are from RM1,200 to RM1,400 (about RM2.18 psf) for apartment units, RM3,600 (about RM2.40 psf) for retail units, RM800 to RM2,700 (about RM1.80 psf) for offices and RM1,000 to RM1,200 (about RM2.36 psf) for SOHO units. The highest median price psf ever recorded was RM759 psf in Q2 2014 (Apartment), RM2,327 psf in Q4 2013 (Retail), RM700 psf in Q1 2019 (Office) and RM761 psf in Q3 2017 (SOHO); while the lowest one was RM469 psf in Q3 2013 (Apartment), RM2,327 psf in Q3 2013 (Retail), RM700 psf in Q2 2018 (Office) and RM541 psf in Q3 2012 (SOHO).

The current rental yield of i-City is 6.0% for apartment units and 4.97% for SOHO units. The highest rental yield ever recorded was 6.0% in Q2 2019 (Apartment) and 5.63% in Q3 2015 (SOHO); while the lowest one was 2.61% in Q4 2016 (Apartment) and 3.04% in Q3 2017 (SOHO). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at i-City for apartment units is 1-bedroom / 566 sf with a median price of RM820 psf. For price wise, the most expensive one is 1-bedroom / 566 sf with a median price of RM820 psf; while the cheapest one is 3-bedroom / 1,312 sf with a median price of RM510 psf.

Retail Layouts

Meanwhile, the most popular layout and size combination at i-City for retail units is 1,503 sf with a median rental of RM2.40 psf. For rental wise, the most expensive one is 1,503 sf with a median rental of RM2.40 psf; while the cheapest one is 1,503 sf with a median rental of RM2.40 psf.

Office Layouts

Meanwhile, the most popular layout and size combination at i-City for offices is 12,000 sf with a median price of RM700 psf. For price wise, the most expensive one is 12,000 sf with a median price of RM700 psf; while the cheapest one is 3,000 sf with a median price of RM700 psf.

SOHO Layouts

Lastly, the most popular layout and size combination at i-City for SOHO units is 1-bedroom / 465 sf with a median price of RM680 psf. For price wise, the most expensive one is 1-bedroom / 466 sf with a median price of RM680 psf; while the cheapest one is Studio / 466 sf with a median price of RM680 psf.

Latest i-City for sale listings:

DateTypeBuilt-upPrice
21-May-19Studio466 sfRM360,000
21-May-19Condominium430 sfRM255,000
21-May-19Condominium804 sfRM580,000
21-May-19Condominium1,361 sfRM705,000
21-May-19Condominium754 sfRM450,000
20-May-19Condominium1,321 sfRM630,000
20-May-19Condominium1,350 sfRM680,000
20-May-19Condominium805 sfRM570,000
17-May-19Duplex750 sfRM645,000
17-May-19Studio466 sfRM430,000

Latest i-City for rent listings:

DateTypeBuilt-upRental
18-May-19Condominium1,190 sfRM2,100
18-May-19Condominium500 sfRM1,150
18-May-19Condominium1,190 sfRM1,600
18-May-19Condominium626 sfRM1,300
18-May-19Condominium1,350 sfRM2,200
18-May-19Condominium715 sfRM1,400
18-May-19Duplex750 sfRM1,600
18-May-19Studio466 sfRM1,300
18-May-19Condominium907 sfRM1,600
18-May-19Condominium719 sfRM1,300