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 569 sf to 1,405 sf for apartment units, 1,655 sf to 3,827 sf for retail units, 436 sf to 1,084 sf for offices and 436 sf to 745 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 84 property projects in Malaysia. Other similar projects by the same developer are Garden Plaza, Garden Residence, Kinrara Residence, M City, Savanna, Southbay, Southville City, Taman Damai Utama, Taman Sierra Perdana and The Meridin.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
569 sf - 1,405 sf (Apartment)
1,655 sf - 3,827 sf (Retail)
436 sf - 1,084 sf (Office)
436 sf - 745 sf (SOHO)
Market Price
RM560,000 - RM1,100,000 (Apartment)
RM1,410,000 - RM6,390,000 (Retail)
RM470,000 - RM980,000 (Office)
RM380,000 - RM690,000 (SOHO)
Density
-NA-
Completed In
2016
Launch Price
-NA-

This integrated office, residential & retail hub has many amenities nearby, e.g. schools, universities and metro transport stations. The following are some schools here:

As for universities, there are Etrain College and Kasturi College International.

The current rental yield of Icon City is 3.27% for apartment units, 3.43% for retail units, 2.78% for offices and 2.68% for SOHO units. The highest rental yield ever recorded was 5.83% in Q3 2016 (Apartment), 4.17% in Q1 2019 (Retail), 4.35% in Q4 2017 (Office) and 4.63% in Q4 2017 (SOHO); while the lowest one was 3.08% in Q2 2017 (Apartment), 2.77% in Q1 2018 (Retail), 2.78% in Q2 2019 (Office) and 2.68% in Q1 2020 (SOHO). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Icon City for apartment units is 3-bedroom / 907 sf with a median price of RM940 psf. For price wise, the most expensive one is 1-bedroom / 569 sf with a median price of RM980 psf; while the cheapest one is 3-bedroom / 1,405 sf with a median price of RM780 psf.

Retail Layouts

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 RM850 psf.

Office Layouts

Meanwhile, the most popular layout and size combination at Icon City for offices is 745 sf with a median price of RM930 psf. For price wise, the most expensive one is 436 sf with a median price of RM1,080 psf; while the cheapest one is 1,084 sf with a median price of RM900 psf.

SOHO Layouts

Lastly, the most popular layout and size combination at Icon City for SOHO units is 2-bedroom / 745 sf with a median price of RM830 psf. For price wise, the most expensive one is Studio / 745 sf with a median price of RM930 psf; while the cheapest one is 2-bedroom / 745 sf with a median price of RM830 psf.

Latest Icon City for sale listings:

DateTypeBuilt-upPrice
23 May 2020Condominium708 sfRM672,600
23 May 2020Duplex745 sfRM705,000
7 May 2020Condominium594 sfRM580,000
9 May 2020Condominium680 sfRM650,000
1 May 2020Condominium922 sfRM830,000
4 Feb 2020Commercial-NA-RM99,000,000
31 Jan 2020Condominium1,795 sfRM2,200,000
1 Feb 2020Condominium717 sfRM680,000
3 Feb 2020Condominium767 sfRM580,000
7 Feb 2020Condominium590 sfRM588,000

Latest Icon City for rent listings:

DateTypeBuilt-upRental
TodayCondominium700 sfRM1,800
YesterdayCondominium745 sfRM1,850
YesterdayCondominium990 sfRM2,500
27 May 2020Condominium940 sfRM2,100
26 May 2020Condominium945 sfRM2,900
25 May 2020Condominium940 sfRM2,000
14 May 2020Studio500 sfRM1,300
11 May 2020Condominium965 sfRM1,800
12 May 2020Condominium800 sfRM1,800
8 May 2020Condominium940 sfRM2,250
0 user comments on Icon City