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.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
436 sf - 1,850 sf (Condominium)
1,655 sf - 3,827 sf (Retail)
436 sf - 745 sf (Office)
436 sf - 1,094 sf (SOHO)
Market Price
RM450,000 - RM2,210,000 (Condominium)
RM1,370,000 - RM6,390,000 (Retail)
RM470,000 - RM770,000 (Office)
RM380,000 - RM960,000 (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 3.49% 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:

Condominium Layouts

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.

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 RM830 psf.

Office Layouts

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.

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 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:

DateTypeBuilt-upPrice
17 Nov 2021Duplex1,094 sfRM407,400
12 Nov 2021Office745 sfRM770,000
12 Nov 2021Studio436 sfRM450,000
7 Nov 2021SOHO436 sfRM335,000
6 Nov 2021Condominium594 sfRM330,000
4 Nov 2021Duplex745 sfRM370,000
4 Nov 2021Condominium1,400 sfRM650,000
3 Nov 2021Condominium675 sfRM650,000
28 Oct 2021Duplex1,094 sfRM452,700
28 Oct 2021SOHO536 sfRM157,900

Latest Icon City for rent listings:

DateTypeBuilt-upRental
TodaySOHO436 sfRM1,100
24 Nov 2021Condominium735 sfRM1,750
24 Nov 2021Studio436 sfRM1,100
24 Nov 2021Studio478 sfRM1,350
13 Nov 2021Room In Apartment-NA-RM1,050
23 Nov 2021Condominium745 sfRM1,400
23 Nov 2021Condominium782 sfRM1,700
22 Nov 2021Condominium400 sfRM1,200
22 Nov 2021Condominium750 sfRM1,750
20 Nov 2021Studio360 sfRM1,800
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