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Icon City

April 23rd, 2012 Leave a comment

Icon City, a commercial development by Iconic Development Sdn. Bhd. along Jalan Bukit Tengah. Built on a prime 10-arce freehold land, comprises 60 units of 3.5-storey semi-detached and 3 unis of 5-storey deteached commercial buildings and a 12-storey business class hotel.

Property Project: Icon City
Location: Bukit Tengah, Penang
Property Type: Commercial and Hotel
No. of Units: 71 (commercial units)
Land Tenure: Freehold
Developer: Iconic Development Sdn. Bhd. 


 

Categories: Bukit Tengah Tags:
  1. AT
    April 23rd, 2012 at 10:25 | #1

    What will be price for this project, does it under soft launching or project started?

  2. Ken (Admin)
    Ken (Admin)
    April 23rd, 2012 at 10:28 | #2

    Open for registration. I think they are launching next month. But I did not ask about the price yet.

  3. AT
    April 23rd, 2012 at 10:46 | #3

    @Ken, thanks! I will check it out since I will be back to PG this weekend.

  4. anonymous
    April 23rd, 2012 at 12:20 | #4

    location wise looks ok……

  5. tt
    April 23rd, 2012 at 12:48 | #5

    Neighbouring already have auto city with about the same concept with F&B (mac-D, KFC, old town, ……), banks and other franchise. Is this place still can boom up? if anyone know the price, please share it here.

  6. wai2
    April 23rd, 2012 at 13:51 | #6

    Just call the developer starting price is ~RM1.6 M 3 1/2 storey with lift.

    Here the website http://www.iconic.com.my/

  7. tt
    April 23rd, 2012 at 14:15 | #7

    7th May they will open to public for registration. 1 to 2 months later only soft launch by inviting all registerers. Only absorb legal fee. No DIBS and have to pay stamp duty. Purely commercial title. Estimated initial entry 300k. big investment

  8. Tao
    April 23rd, 2012 at 16:12 | #8

    @wai2
    what? RM1.6m ? !! i prefer to buy The Arena in Bayan Baru, devoper set the ‘crazy’ price in that location… good luck.

  9. Belle
    April 24th, 2012 at 02:52 | #9

    i think this project is totally diff concept with Arena.
    The location here quite good, opp the project Bayu Emas selling price already over 1.2mil for terrace shop-2 storey some more.

  10. BD
    April 24th, 2012 at 12:38 | #10

    If compared to DNP’s ICH at Alma, the price tag of 1.6m is considered ok already for a 3.5storey semi-d. Though this location is good, but its close proximity to autocity means that it’s unlikely to have another McD, Old town, Sakae, Starbucks, Overtime, Maybank etc here…

  11. jerry
    May 5th, 2012 at 02:48 | #11

    this development is good for mainland and juru/bukit minyak area properties….

  12. Dong Lee
    May 5th, 2012 at 23:32 | #12

    I went and see this area..its a good looking building..but the problem is, this project is not facing the main road..moreover,in front of this project there is a used car dealer who are blocking this buildings..and the Icon City is behind them..this is not good…another thing is,this project is abit deep in unlike Auto City..

  13. joe
    May 6th, 2012 at 07:32 | #13

    @Dong Lee
    beside poor location, developer sell extreme high price! i bought 3 storey shoplot at Arena @ Bayan Baru only RM1.42m (3600sf, 20′ x 50′), a bit smaller but location much more better than in Bukit Tengah.

  14. ycsoo1717
    ycsoo1717
    May 9th, 2012 at 23:11 | #14

    agreed with you joe, i heard the price is abt RM1.6mil….too much..

  15. TL
    May 13th, 2012 at 22:06 | #15

    If the rental is similar to Autocity, then 1.6million is reasonable. But I don’t think so, how the developer control the the tenant type? No doubt this project will get a little but spill over from Autocity. But the rental will only slightly higher than Bayu Mutiara.

  16. Rachel
    May 20th, 2012 at 19:28 | #16

    This project is too close to Auto City. Why go for the imitation or clone? It is also too damn expensive for a mainland location..

    Buyer Beware, this is the first and last project by the iconic group as it will fail miserably.

  17. TLP
    May 20th, 2012 at 19:31 | #17

    The IconiIIIc Group is new in the construction world. I will not gamble my hard earn ringgit on a RM1.6MILLION crap!

  18. mamakdog
    May 22nd, 2012 at 02:51 | #18

    RM1.6M is a steal. It is worth RM2.0M. I am mamak, I know all!

  19. mamakdog
    May 27th, 2012 at 02:33 | #19

    ALL SOLD OUT EXCEPT BUMI UNITS AT THE PRE-LAUNCH YESTERDAY.

    STARTING AT RM1,688,000. WHAT A STEAL!

  20. Ah Keong
    May 27th, 2012 at 14:13 | #20

    how was the launch yesterday???…..any units left?….interested buyer!

  21. WiseBug
    May 27th, 2012 at 17:17 | #21

    Yesterday’s launch received lukewarm response. I think they have 20+ units left.

    You can call up Iconic to book tomorrow.

  22. Chua
    May 27th, 2012 at 22:57 | #22

    @WiseBug
    As i know the were no units left..i called them yesterday and they said at the soft launch all the units are fully booked..i think u are talking about the 20 reserved units which is only for franchising and for banks..

  23. WiseBug
    May 28th, 2012 at 00:57 | #23

    The 20+ are bumi and/or reserved units for specific clientele.

  24. eclipse
    June 2nd, 2012 at 01:42 | #24

    most of the units were booked by the insiders!

  25. TL
    June 3rd, 2012 at 23:15 | #25

    I heard the projects sold out in 20minutes. Wah lau eh!

  26. Chee Cheong Fun
    June 4th, 2012 at 04:48 | #26

    How many of u think that this project will be greater than Auto City?? I am full of doubts..

  27. eclipse
    June 5th, 2012 at 02:44 | #27

    I think it will complement with Auto City and it is a win-win for both.

    The losers will be Bayan Mutiara & Gemilang instead.

  28. Chee Cheong Fun
    June 5th, 2012 at 16:58 | #28

    @eclipse

    Yup..because this is two are mega projects..how about the response?? Some saying the reception is bad and the units are still available and the others are saying not even one unit is left out..any reliable source?

  29. tt
    June 5th, 2012 at 17:17 | #29

    Past sunday Kwongwah newspaper did publish. 20min sold out all 71 units. Those buyers act like buy vege at pasar.

  30. eclipse
    June 6th, 2012 at 00:17 | #30

    Launch 71 units, Sold 71 units.

    How can they sell the bumi units now? Sounds fishy!

  31. yummy
    June 6th, 2012 at 00:22 | #31

    Yes, all sold out in 20 mins. I was there, I know.

    It was like a zoo when the booking started with batches of 20 buyers. There were 3 batches total.

  32. Invester
    June 6th, 2012 at 18:15 | #32

    How to sell 71 units within 20 minutes???how many staff they have?71staffs??how to manage to complete the booking process so fast?feel like wanto interview the manager.solute!!!

  33. young
    June 6th, 2012 at 20:02 | #33

    Easy… all with stickers before launch. A common marketing trick. Genuine sales or not is different story.

  34. bb
    June 6th, 2012 at 22:13 | #34

    dont simply lar you

  35. Invester
    June 7th, 2012 at 11:10 | #35

    @Young
    Agreed v u.Kwong wah news paper also no common sense one.hahah.. sell 71 units in 20 mins this is really mislead… if they write there sell within a day then is logic.haha. They though no paper works for property selling, pay 1.6mil then payback 400k by dev then done.hahah sell cake also need more time to proceed packing.real funny

  36. KC
    June 7th, 2012 at 13:42 | #36

    Actually, there were 2 sales rep handling the bookings. It took less than a minute to get an order, place sold sticker on the board, and wrote the unit no. on the buyer’s form and kept it for later processing. A few buyers had booked for 2 units at one shot.

    There were 3 batches of 20 buyers. One batch was allowed in the booking desk at a time. Most were sold by 2nd batch except 2 units priced as RM2.2M.

  37. sb
    June 7th, 2012 at 15:36 | #37

    Good explanation by KC.
    The way he explained on the process i knew he was there.
    For those who are on 3rd batch (draw number from 41 to 68), only 2 units left for them to choose from.

  38. clover
    June 8th, 2012 at 18:45 | #38

    The last sale at Gemilang was $830K for a 2-storey 20″x70″ shop house.

    I heard that Bayu Mutiara is selling at $1.1-1.2M.

    On hindsight, Icon City from $1.688 and above is not expensive, relatively speaking. Why, 4 storey semi-d 26″x69″ (land area 34″x79″) with a $200K private lift is reasonably cheap!

  39. TL
    June 16th, 2012 at 17:14 | #39

    If the land between the junction to the icon city turn into a commercial center, the price will be higher. It is a good location for shopping, movies, offices…

  40. calvin
    June 28th, 2012 at 15:24 | #40

    Do any unit still available?

  41. ihc
    July 1st, 2012 at 20:55 | #41

    Hi Calvin, you interested to buy?

  42. DingDong
    July 2nd, 2012 at 00:43 | #42

    I am interested too, anyone selling?

  43. ihc
    July 2nd, 2012 at 09:42 | #43

    Hi Ding Dong, how much are you willing to offer in terms of percentage based on the original purchase price?

  44. DingDong
    July 3rd, 2012 at 01:20 | #44

    How about 2.5%?

  45. JOSE
    July 4th, 2012 at 22:33 | #45

    I would pay 105% on the original price. Any seller?

  46. Chicken Rice
    July 7th, 2012 at 15:45 | #46

    I went and see the site..they destroy the jungle fully..but what am i wondering is, the site is so small…how can they fit 71 units,700 car parks and a business class hotel in that small area…if u look at the site map plan,its really huge…

  47. Tan Boon Heng
    July 11th, 2012 at 23:44 | #47

    anybody sign the agreement ready????

  48. Chief
    July 12th, 2012 at 19:23 | #48

    Anyone willing to let go your unit for 50K?

  49. NoGo
    July 21st, 2012 at 15:24 | #49

    You can have mi

    Chief :
    Anyone willing to let go your unit for 50K?

    Yes, I have a client who wants to let go of his unit for a RM200K fee.

  50. valkjr
    August 7th, 2012 at 10:59 | #50

    any1 knows how much is the land cost per sqft in this project?

  51. momo
    August 19th, 2012 at 01:42 | #51

    joe :
    @Dong Lee
    beside poor location, developer sell extreme high price! i bought 3 storey shoplot at Arena @ Bayan Baru only RM1.42m (3600sf, 20′ x 50′), a bit smaller but location much more better than in Bukit Tengah.

    Arena @ Bayan Baru will suffer the same fate as D’piazza & The One shop lots.

    Icon City will end up as hot as the Auto City.

    WHY SO?

    A wise guy once said about property investment: LOCATIONS, LOCATIONS, LOCATIONS.

  52. hate
    October 25th, 2012 at 15:53 | #52

    sold out leh this project…wow
    my house nearby value will increase….auto city and icon city..

  53. cl
    October 25th, 2012 at 16:10 | #53

    How about Pearl Square Shop Lot at Pearl City under Tambun Indah? Is it good good investment? Pls share.

  54. ihc
    October 30th, 2012 at 11:18 | #54

    Icon City – Still got 10+ units available hold by developer. Price? Find out fr them.

  55. chong
    November 12th, 2012 at 02:28 | #55

    cl :
    How about Pearl Square Shop Lot at Pearl City under Tambun Indah? Is it good good investment? Pls share.

    stay away from tambun indah project… lousy sales staff, poor quality and bad location.

  56. lierking
    November 12th, 2012 at 02:30 | #56

    ihc :
    Icon City – Still got 10+ units available hold by developer. Price? Find out fr them.

    yes they do, for rm2.5M each, pre-launch ave was rm1.9M.

  57. PG Guy
    November 12th, 2012 at 03:41 | #57

    I prefer residential and commercial properties on the island but caution…. buy only from reputable developers…. top on my list…. SP Setia…. always deliver on time or even earlier….. sleep soundly at night…. peace of mind…. that is ever so precious

  58. PG Guy
    November 12th, 2012 at 04:03 | #58

    Goodness….. look at the escalating prices of property….. rather steep especially for this type of mainland property category….. well…. only time will tell…. good luck to all….those who chase sib sales must be cautious….. RM2 mil is a lot of money……. Enough to send 2 kids to Royal College of Surgeons in Ireland……

  59. ihc
    November 12th, 2012 at 10:47 | #59

    If you can afford to buy 2mil property, logically you are able to send your kids to oversea liau….meaning that financially you are STRONG to consider such property at such price.

  60. rpgt
    November 28th, 2012 at 21:35 | #60

    YR-09-10-11-12
    ===========
    Y1-30-05-10-15
    Y2-30-05-10-15
    Y3-20-05-05-10
    Y4-15-05-05-10
    Y5-05-05-05-10

  61. ihc
    May 20th, 2013 at 19:37 | #61

    anyone interested to rent the unit?

  62. rpgt
    May 21st, 2013 at 16:08 | #62

    YR-10-11-12-13
    ===========
    Y1-30-05-10-15
    Y2-30-05-10-15
    Y3-20-05-05-10
    Y4-15-05-05-10
    Y5-05-05-05-10

  63. rpgt
    May 21st, 2013 at 16:40 | #63

    ====================
    YR-06-07-08-09-10-11-12-13
    ====================
    Y1-30-00-00-00-05-05-10-15
    Y2-30-00-00-00-05-05-10-15
    Y3-20-00-00-00-05-05-05-10
    Y4-15-00-00-00-05-05-05-10
    Y5-05-00-00-00-05-05-05-10

    YR-06: 27-Oct-1995 to 31-Mar-2007
    YR-07: 01-Apr-2007 to 31-Dec-2007
    YR-08: 01-Jan-2008 to 31-Dec-2008
    YR-09: 01-Jan-2009 to 31-Dec-2009
    YR-10: 01-Jan-2010 to 31-Dec-2010
    YR-11: 01-Jan-2011 to 31-Dec-2011
    YR-12: 01-Jan-2012 to 31-Dec-2012
    YR-13: 01-Jan-2013 to 31-Dec-2013

  64. wow
    May 21st, 2013 at 17:14 | #64

    what are all these numbers mean? >,<

  65. KL Tan
    June 2nd, 2013 at 13:57 | #65

    AUTO-CITY 3 STOREY SHOP HOUSE:….Hi Friends, Can anyone advise me on the market price for the property in Auto City on the 3-storey shop-house as one of the owner is going to sell at RM1.8 million. The land areas is 22 x 60 ft.

    The location is good, just next to Nasmir Golden Hotel. Is this a good buy, please advise as the rich owner is migrating. Some of my friends say the selling price is reasonable. The location is not bad but when I approached the Bank Officer he told me that the selling is slightly high.

    All Experienced gentlemen/property experts please advise. We offer him RM1.4 million but the owner stick to the original price RM1.8 million, not negotiable!! Thank you.

  66. ihc
    June 3rd, 2013 at 13:33 | #66

    KL Tan :
    AUTO-CITY 3 STOREY SHOP HOUSE:….Hi Friends, Can anyone advise me on the market price for the property in Auto City on the 3-storey shop-house as one of the owner is going to sell at RM1.8 million. The land areas is 22 x 60 ft.
    The location is good, just next to Nasmir Golden Hotel. Is this a good buy, please advise as the rich owner is migrating. Some of my friends say the selling price is reasonable. The location is not bad but when I approached the Bank Officer he told me that the selling is slightly high.
    All Experienced gentlemen/property experts please advise. We offer him RM1.4 million but the owner stick to the original price RM1.8 million, not negotiable!! Thank you.

    @KL Tan

    22x60x3storey=3960sqft.
    rm1,800,000/3960=RM454/sqft.
    what is the rental currently?
    If the rental is RM10k per month then you are getting about 6.66% return per year.

  67. KL Tan
    June 3rd, 2013 at 23:36 | #67

    @ihc Hi ihc, thanks. I understand from one tenant there that they are renting a unit of 3 storey at RM5800.00 and another one tenant only the ground floor is RM4000.00 monthly. Based on your calculation on the price per sq ft of RM454.00 is it reasonable market value. Can buy? Thanks.

  68. lim
    June 21st, 2013 at 11:08 | #68

    @wow
    this is Real Property Gain tax % by year..

  69. M
    September 23rd, 2013 at 01:02 | #69

    Anyone want to sell?

    @ihc

  70. ihc
    September 24th, 2013 at 09:27 | #70

    Hi M,
    Yes I have one unit to sell.
    Let me know how to contact you for further discussion if you are keen.

  71. RPGT
    October 26th, 2013 at 12:55 | #71

    ======================
    YR-06-07-08-09-10-11-12-13-14
    ======================
    Y1-30-00-00-00-05-05-10-15-30
    Y2-30-00-00-00-05-05-10-15-30
    Y3-20-00-00-00-05-05-05-10-30
    Y4-15-00-00-00-05-05-05-10-20
    Y5-05-00-00-00-05-05-05-10-15

    YR-06: 27-Oct-1995 to 31-Mar-2007
    YR-07: 01-Apr-2007 to 31-Dec-2007
    YR-08: 01-Jan-2008 to 31-Dec-2008
    YR-09: 01-Jan-2009 to 31-Dec-2009
    YR-10: 01-Jan-2010 to 31-Dec-2010
    YR-11: 01-Jan-2011 to 31-Dec-2011
    YR-12: 01-Jan-2012 to 31-Dec-2012
    YR-13: 01-Jan-2013 to 31-Dec-2013
    YR-14: 01-Jan-2014 to 31-Dec-2014

  72. sun
    November 26th, 2013 at 00:35 | #72

    I have one unit for sale anyone interst pls email to me 5391@gmail.com

  73. sun
    November 26th, 2013 at 00:39 | #73

    Sorry wrong email this is my email sun5391@gmai.com

  74. JWPOND
    December 31st, 2013 at 22:58 | #74

    TL :
    If the land between the junction to the icon city turn into a commercial center, the price will be higher. It is a good location for shopping, movies, offices…

    Your wish is granted!

    Auto Prai City, another upcoming landmark next to Juru interchange. This is a mixed development project located along Jalan Kebun Nenas, adjacent to Bayu Mutiara and Icon City. There will be a 5-star international hotel, 4 & 6-storey shop houses, a 38-storey SOHO tower and a 30-storey residential condominium.

    There are also 22 units of 2-storey semi-detached shop houses to be opened for lease only.

    Property Project: Auto Prai City (Juru Bayu Sentral)
    Location: Bukit Tengah, Penang
    Property Type: Mixed Development
    No. of Units: 17 (shop houses), 175 (soho), 146 (condominium)
    Land Tenure: Freehold
    Developer: Exopuri Sdn. Bhd.

  75. MN
    February 19th, 2014 at 17:57 | #75

    i hv one unit, pm me only if u r serious buyer

  76. jasproperty
    July 6th, 2014 at 15:56 | #76

    @M
    Hi, I have nice unit total 4 units. Contact me 0124818018 or jasmineyap.property@gmail.com for viewing:)

  77. DogIsGod
    July 21st, 2014 at 03:08 | #77

    Exo Residences, an upcoming condominium with full facility by Exopuri Sdn. Bhd. in Juru, Penang. This is a 31-storey residential building comprises 146 condo units with built-up area ranging from 1,275 sq.ft. to 2,886 sq.ft. It’s only a stone’s throw away from Juru Auto City, about 5 minutes drive from Penang bridge.

    Each unit comes with double walk in wardrobe for Master and 1st bedroom. There are several design to choose from with 8 units per floor and 2 car parking lots per unit.

    Facilities:

    Skydeck lounge
    Infinity Pool
    Tier Security System
    2 carpark per unit
    Gymnasium
    Sauna and Wading Pool
    Property Project: Exo Residences @ Juru Sentral
    Location: Juru/Bukit Tengah, Penang
    Property Type: Condominium
    No. of Units: 146
    Built-up Area: 1,275 sq.ft. – 2,886 sq.ft.
    Indicative Price: RM487,000 onwards
    Land Tenure: Freehold
    Developer: Exopuri Sdn. Bhd.

  78. I-Seller
    August 3rd, 2014 at 14:51 | #78

    I have a unit to let go , asking only RM2.48.

  79. MA
    August 4th, 2014 at 02:21 | #79

    I am interested! Please contact me at MA83@gmail.com.

  80. jasproperty
    August 8th, 2014 at 13:48 | #80

    @MN
    Please contact 0124818018 or jasmineyap@gmail.com. I have buyer. Thank you

  81. jasproperty
    August 8th, 2014 at 13:48 | #81

    @I-Seller
    Please contact 0124818018 or jasmineyap@gmail.com. I have buyer. Thank you

  82. ICO
    August 9th, 2014 at 02:03 | #82

    I have a unit 5,800 sf 3.5-storey for rental @ RM10,000 a month.

  83. Jimmy Chu
    August 11th, 2014 at 15:47 | #83

    Jimmy Chu :
    owner has one unit Icon city to rent 12k/mth , sell 3.2m nego,contact 0125281813

  84. Hng7388
    August 11th, 2014 at 17:20 | #84

    I-Seller :
    I have a unit to let go , asking only RM2.48.

    My buy offer to you is RM2.18M. Deal?

  85. ihc
    August 12th, 2014 at 09:42 | #85

    Hi I-Seller, yours is which unit?
    @jasproperty

  86. Fanny Ang
    October 15th, 2014 at 18:36 | #86

    I hv 6 units for sale. Pls call 0124091299 tq

  87. sun
    December 1st, 2014 at 11:43 | #87

    I have units for sale pls call 0124356069

  88. elbbert
    February 16th, 2015 at 22:20 | #88

    I-Seller :I have a unit to let go , asking only RM2.48.

    details pls

  89. jasmine
    March 9th, 2015 at 16:12 | #89

    Is icon city developed by exopuri as well ? How come PJ also have icon city but by Mah sing group?

  90. Queenslady
    March 1st, 2018 at 23:11 | #90

    now the earlier investor laughing to all those naysayer. hahaha

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