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 1,312 sf for apartment units, 501 sf to 1,400 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.
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 RM680,000 (about RM820 psf) for apartment units and RM300,000 to RM320,000 (about RM640 psf) for SOHO units; while the monthly rentals are from RM1,200 to RM1,400 (about RM2.12 psf) for apartment units, RM800 to RM3,400 (about RM2.40 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 Q4 2018 (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 3.77% for apartment units and 3.49% for SOHO units. The highest rental yield ever recorded was 4.17% in Q2 2017 (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:
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 RM520 psf.
Meanwhile, the most popular layout and size combination at i-City for offices is 1,400 sf with a median rental of RM2.40 psf. For rental wise, the most expensive one is 1,400 sf with a median rental of RM2.40 psf; while the cheapest one is 501 sf with a median rental of RM1.60 psf.
Lastly, the most popular layout and size combination at i-City for SOHO units is 1-bedroom / 465 sf with a median price of RM640 psf. For price wise, the most expensive one is Studio / 466 sf with a median price of RM680 psf; while the cheapest one is 1-bedroom / 464 sf with a median price of RM640 psf.
Latest i-City for sale listings:
|13-Dec-18||Low-Cost Flat||650 sf||RM198,000|
Latest i-City for rent listings:
|Yesterday||Room In Apartment||-NA-||RM1,250|