Icon City, Sungai Way
Icon City is a leasehold integrated office, residential & retail hub located in Sungai Way, Petaling Jaya. It comprises 30 Jewels, Gourmet Street, Icon Residenz and i-SOVO. The built-up available at this project is 436 sf to 1,850 sf for condominium units, 1,655 sf to 3,827 sf for retail units, 436 sf to 745 sf for offices and 436 sf to 1,094 sf for SOHO units. It was developed by Mah Sing Group Bhd, and was completed in around 2016.
Mah Sing Group Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has built about 87 property projects in Malaysia. Other similar projects by the same developer are Garden Residence, Lakeville Residence, M City, Meridin East, Savanna, Southbay, Southville City, Taman Damai Utama, Taman Sierra Perdana and The Meridin.
This integrated office, residential & retail hub has many amenities nearby, e.g. schools, universities and metro transport stations. The following are some schools here:
- SA Rakyat Ar Rahmah
- Sri Emas International School
As for universities, there are Etrain College and Kasturi College International.
The current rental yield of Icon City is 3.49% for condominium units, 4.0% for retail units, 2.49% for offices and 4.08% for SOHO units. The highest rental yield ever recorded was 5.83% in Q3 2016 (Condominium), 5.49% in Q4 2020 (Retail), 4.35% in Q4 2017 (Office) and 4.33% in Q4 2019 (SOHO); while the lowest one was 3.02% in Q3 2021 (Condominium), 2.74% in Q3 2020 (Retail), 2.49% in Q1 2021 (Office) and 2.91% in Q3 2019 (SOHO). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Icon City for condominium units is 2-bedroom / 745 sf with a median price of RM860 psf. For price wise, the most expensive one is 4-bedroom / 1,795 sf with a median price of RM1,230 psf; while the cheapest one is 1-bedroom / 1,094 sf with a median price of RM730 psf.
Meanwhile, the most popular layout and size combination at Icon City for retail units is 3,827 sf with a median price of RM1,670 psf. For price wise, the most expensive one is 3,827 sf with a median price of RM1,670 psf; while the cheapest one is 1,655 sf with a median price of RM830 psf.
Meanwhile, the most popular layout and size combination at Icon City for offices is 745 sf with a median price of RM1,030 psf. For price wise, the most expensive one is 436 sf with a median price of RM1,080 psf; while the cheapest one is 745 sf with a median price of RM1,030 psf.
Lastly, the most popular layout and size combination at Icon City for SOHO units is 2-bedroom / 745 sf with a median price of RM870 psf. For price wise, the most expensive one is Studio / 436 sf with a median price of RM1,030 psf; while the cheapest one is 2-bedroom / 1,084 sf with a median price of RM730 psf.
Latest Icon City for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 17 Nov 2021 | Duplex | 1,094 sf | RM407,400 |
| 12 Nov 2021 | Office | 745 sf | RM770,000 |
| 12 Nov 2021 | Studio | 436 sf | RM450,000 |
| 7 Nov 2021 | SOHO | 436 sf | RM335,000 |
| 6 Nov 2021 | Condominium | 594 sf | RM330,000 |
| 4 Nov 2021 | Duplex | 745 sf | RM370,000 |
| 4 Nov 2021 | Condominium | 1,400 sf | RM650,000 |
| 3 Nov 2021 | Condominium | 675 sf | RM650,000 |
| 28 Oct 2021 | Duplex | 1,094 sf | RM452,700 |
| 28 Oct 2021 | SOHO | 536 sf | RM157,900 |
Latest Icon City for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | SOHO | 436 sf | RM1,100 |
| 24 Nov 2021 | Condominium | 735 sf | RM1,750 |
| 24 Nov 2021 | Studio | 436 sf | RM1,100 |
| 24 Nov 2021 | Studio | 478 sf | RM1,350 |
| 13 Nov 2021 | Room In Apartment | -NA- | RM1,050 |
| 23 Nov 2021 | Condominium | 745 sf | RM1,400 |
| 23 Nov 2021 | Condominium | 782 sf | RM1,700 |
| 22 Nov 2021 | Condominium | 400 sf | RM1,200 |
| 22 Nov 2021 | Condominium | 750 sf | RM1,750 |
| 20 Nov 2021 | Studio | 360 sf | RM1,800 |