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ICONIC POINT

Seberang Perai Selatan, Pulau Pinang · Commercial · 5 recorded sales, Mar 2022 to Feb 2023

No sale recorded since Feb 20233 - 3 1/2 Storey Shop · 5
RM 844psf median, against main floor area · 5 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 844 – 918 psf
Median price
RM 2,300,000
Price range
RM 2.20m – RM 3.17m
Main floor area
2,724 – 2,724 sq ft
Land area
2,519 – 2,519 sq ft
Median price per sq ft of land
RM 913

Median of 5 sales that carry a usable area, out of 5 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 2,519 sq ft against 2,724. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Feb 2023. Last on record: 27 Feb 2023.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20224 · RM 844 psf
20231 · RM 1,164 psf

Quarterly medians · not a price trend

8061,0041,2022022 Q1 — RM 844 psf, 1 sale2022 Q3 — RM 844 psf, 3 sales2023 Q1 — RM 1,164 psf, 1 sale
2022 Q12023 Q1
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 5 priced sales

RM 811–834 psf — 1 saleRM 834–858 psf — 2 salesRM 858–882 psf — 0 salesRM 882–906 psf — 0 salesRM 906–930 psf — 1 saleRM 930–954 psf — 0 salesRM 954–977 psf — 0 salesRM 977–1,001 psf — 0 salesRM 1,001–1,025 psf — 0 salesRM 1,025–1,049 psf — 0 salesRM 1,049–1,073 psf — 0 salesRM 1,073–1,097 psf — 0 salesRM 1,097–1,120 psf — 0 salesRM 1,120–1,144 psf — 1 sale
RM 811RM 1,144 psf

Each bar counts sales in a RM 24 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 5 of 5

DateTypeArea (sq ft)PricepsfTenure
27 Feb 20233 - 3 1/2 Storey Shop2,724RM 3,170,0001,164Freehold
7 Sep 20223 - 3 1/2 Storey Shop2,724RM 2,200,000808Freehold
19 Aug 20223 - 3 1/2 Storey Shop2,724RM 2,300,000844Freehold
4 Jul 20223 - 3 1/2 Storey Shop2,724RM 2,500,000918Freehold
12 Mar 20223 - 3 1/2 Storey Shop2,724RM 2,300,000844Freehold

Others in Seberang Perai Selatan · commercial

VERVEA
RM 438 psf · 35 sales
BANDAR NIBONG TEBAL
RM 229 psf · 26 sales
TMN FAJAR
RM 195 psf · 24 sales
VORTEX BUSINESS PARK
RM 461 psf · 20 sales
TAMAN NURI
RM 113 psf · 19 sales
TAMAN TANGLING INDAH
RM 304 psf · 12 sales
PUSAT PERNIAGAAN STAR AVENUE
RM 472 psf · 11 sales
PEKAN SUNGAI BAKAP
RM 190 psf · 6 sales

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.