Icon City, Sungai Way

Icon City is a leasehold integrated mall, office & residential hub that is located in Sungai Way, Petaling Jaya. It comprises 30 Jewels, Gourmet Street, Icon Residenz, Volt Tower and i-SOVO.

The built-up available at this property is 436 sf to 1,795 sf for condominium units, 1,655 sf to 3,532 sf for retail units, 745 sf to 1,094 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 gigantic property developer listed on Bursa Malaysia, and it has built about 88 property projects in Malaysia. Other similar projects by the same developer are Garden Plaza, Garden Residence, Lakeville Residence, M City, M Vertica, Meridin East, Savanna, Southbay, Taman Damai Utama and Taman Sierra Perdana.

Property Type
Integrated Mall, Office & Residential
Land Tenure
Leasehold
Built-up
436 sf - 1,795 sf (Condominium)
1,655 sf - 3,532 sf (Retail)
745 sf - 1,094 sf (Office)
436 sf - 1,094 sf (SOHO)
Market Price
RM340,000 - RM1,900,000 (Condominium)
RM1,370,000 - RM1,480,000 (Retail)
RM600,000 - RM700,000 (Office)
RM380,000 - RM750,000 (SOHO)
Total Units
-NA-
Completion Date
2016
Launch Price
-NA-

This integrated mall, office & residential hub has some amenities nearby, e.g. schools, transit stations and universities. The following are some of the major schools here:

As for transit stations, there are BRT/Komuter Setia Jaya and Komuter Seri Setia. There are also some universities here, such as Etrain College and Kasturi College International.

The current rental yield of Icon City is 4.11% for condominium units, 9.3% for retail units, 5.01% for offices and 3.23% for SOHO units. The highest rental yield ever recorded was 5.83% in Q3 2016 (condominium), 9.3% in Q4 2022 (retail), 5.01% in Q3 2023 (office) and 4.33% in Q4 2019 (soho); while the lowest one was 2.95% in Q1 2023 (condominium), 2.74% in Q3 2020 (retail), 2.49% in Q1 2021 (office) and 2.85% in Q1 2022 (soho). 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 Icon City for condominium units is 2-bedroom / 745 sf with a median price of RM790 psf. For price wise, the most expensive one is 4-bedroom / 1,795 sf with a median price of RM1,060 psf; while the cheapest one is 3-bedroom / 1,405 sf with a median price of RM510 psf.

Retail Layouts

Meanwhile, the most popular layout and size (built-up) combination at icon city for retail units is 3,532 sf with a median price of rm420 psf. For price wise, the most expensive one is 1,655 sf with a median price of RM830 psf; while the cheapest one is 3,532 sf with a median price of RM420 psf.

Office Layouts

Meanwhile, the most popular layout and size (built-up) combination at icon city for offices is 745 sf with a median price of rm940 psf. For price wise, the most expensive one is 745 sf with a median price of RM940 psf; while the cheapest one is 1,094 sf with a median price of RM550 psf.

SOHO Layouts

Lastly, the most popular layout and size (built-up) combination at icon city for soho units is 1-bedroom / 745 sf with a median price of rm890 psf. For price wise, the most expensive one is Studio / 436 sf with a median price of RM930 psf; while the cheapest one is 2-bedroom / 1,049 sf with a median price of RM690 psf.

Latest Icon City sale listings:

TarikhJenis HartanahBinaanHarga
TodayCondominium-NA-RM465,800
9 Apr 2024SOHO436 sfRM498,000
25 Mar 2024Condominium745 sfRM770,000
29 Mar 2024Condominium992 sfRM780,000
8 Mar 2024Duplex1,405 sfRM800,000
6 Mar 2024Duplex745 sfRM490,000
6 Mar 2024Duplex745 sfRM429,998
24 Feb 2024Condominium1,795 sfRM810,000
4 Mar 2024SOHO1,094 sfRM650,000
28 Feb 2024Condominium594 sfRM480,000

Latest Icon City rental listings:

TarikhJenis HartanahBinaanSewaan
TodayCondominium750 sfRM2,000
31 Mar 2024SOHO400 sfRM1,450
12 Mar 2024Studio456 sfRM1,400
10 Mar 2024Room-NA-RM1,200
10 Mar 2024Room-NA-RM1,000
7 Mar 2024Condominium456 sfRM1,400
6 Mar 2024Studio436 sfRM1,250
6 Mar 2024Duplex907 sfRM3,000
6 Mar 2024Duplex907 sfRM3,000
6 Mar 2024Studio745 sfRM1,399
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