ICONIC SKIES Transaction Price & PSF
ICONIC SKIES Condominium/Apartment Residential Property Market | residential | Data through July 2025
ICONIC SKIES, a residential scheme in Pulau Pinang, is the focus of this targeted market snapshot. The purpose is to explain how the transaction benchmark works for the residential Condominium/Apartment segment and how buyers can interpret the scheme data with caution, without drawing unsupported conclusions about demand or future returns.
Market overview
Within the ICONIC SKIES market for residential property, the Condominium/Apartment category forms the core of activity in the identified area. The dataset highlights a focus on this scheme and district, with year over year activity showing fluctuations rather than a single sustained pattern. Readers should view the market as a collection of transactions within a defined scheme and segment, rather than a uniform trend across all units.
Property type benchmarks
The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.
Condominium/Apartment
In the residential landscape captured here, Condominium/Apartment is the principal category for ICONIC SKIES. When reviewing offers and comparing units, readers should assess properties within this category against each other, while keeping separate comparisons for different property types.
How to interpret this market
Readers can use transaction benchmarks as relative references to compare similar units within the ICONIC SKIES scheme and the Condominium/Apartment category. Recognize that individual properties may differ in location, layout, and condition, so benchmarks are a guide rather than a guarantee. The data do not indicate appreciation, demand, or investment outcomes and should not be used as a forecast.
Explore the underlying market
View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.
View Timur Laut property dataFrequently asked questions
What does ICONIC SKIES represent in this dataset?
ICONIC SKIES is the scheme name used to group transactions. This snapshot focuses on the residential Condominium/Apartment segment within the Timur Laut district in Pulau Pinang, and the benchmarks provide a relative reference rather than a prediction.
How should I use the transaction benchmarks when evaluating a property?
Treat benchmarks as a frame of reference for comparing similar units within the same scheme and property type. They are derived from the dataset and do not constitute a valuation or guarantee of future performance.
Does this snapshot include other schemes or districts?
The current focus is ICONIC SKIES within the specified district and mukim; other combinations may have different patterns. When researching, compare property types separately and review benchmarks for the relevant scheme.
Summary
In reviewing this snapshot, readers should compare property types separately and use transaction benchmarks as a relative guide. Interpret the scheme data with caution and avoid extrapolating beyond the provided dataset.
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Methodology
Median transaction price for the selected market scope.
Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.
Unavailable measurements are not estimated or inferred.
Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.