Iconic Maison Sdn. Bhd.
Iconic Harmony
Jalan Rozhan, Alma, Bukit Mertajam
From
RM 225K
RM 250+ PSF Β· Completion 2028
Quota-restricted affordable housing under the Penang state Rumah MutiaraKu programme (LPNPP register). Price shown is the statutory tier price, not an open-market price. Eligibility, income ceilings and a resale moratorium apply, and the units are not available to foreign buyers.
Tenure
freehold
Title
TBC
Total Units
751
Completion
2028
- From
- RM 225K
- PSF
- RM 250
- Tenure
- freehold
- Total units
- 751
- Status
- under construction
- Completion
- 2028
Price at a glance
Prices as at September 2026 β Developer prices basis. Last checked 2026-07-30. The project has not completed β no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3BR | 900 | RM225,000 | ~RM250 |
Zacβs Take
Zac Ong
Iconic Harmony is a large 751-unit mixed development in Bukit Mertajam from RM225,000. BM's most affordable new-launch entry in this batch β the RM225K price point is remarkable for a new launch anywhere in Penang, even on the mainland. Bukit Mertajam is the commercial heart of Seberang Perai β good amenities, KTM commuter rail access, and a well-established town centre. At this price, Iconic Harmony is primarily a first-timer or affordable housing product. 751 units is a significant scale. The mixed-use element suggests shop-office or retail below. Good for buyers who want to be near BM's town centre amenities without paying Penang Island prices.
Iconic Harmony price list 2026
1 of 1 unit types have a published price Β· entry from RM225,000 Β· 751 units total Β· completing 2028
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| 3BR | 900 | RM225,000 | ~250 | 751 |
PSF is derived, not quoted β each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.
Developer price β the project has not completed, so there is no resale market to compare against, last checked 2026-07-30. Developers reprice between phases β confirm the current list before committing.
Every unit type here sits below the RM600,000 foreign-buyer minimum, so this project is open to Malaysian and PR buyers only.
Iconic Harmony completion date
Iconic Harmony is expected to complete in 2028. It is under construction now.
Read that as the developer's target, not a guarantee. What matters contractually is the vacant possession date in your SPA β 36 months from the sale and purchase agreement for a strata title under the Housing Development Act, with liquidated damages payable if the developer misses it. A launch year quoted in marketing and the VP date you can enforce are different things, so check the SPA schedule before you plan a move-in or a tenancy.
Building specifications
- Blocks
- 1
- Floors
- 36
- Total units
- 751
Facilities
What's nearby
π₯ Healthcare
- Hospital Bukit Mertajam900m
π Schools
- Jit Sin High School6.9km
π Shopping
- AEON Mall Bukit Mertajam1.0km
- Lotus's Bukit Mertajam1.6km
π Foreign buyer info
Not available to foreign buyers β allocated under a government affordable-housing scheme requiring Malaysian citizenship.
See also: Penang foreign buyer guide β
Monthly Instalment Calculator
Monthly Instalment
RM 909
Total Interest
RM 179,198
Total Outlay
RM 404,198
Estimates only β not an offer, quotation, or representation of the developer's actual pricing or package. Actual instalments depend on the bank's approved rate, tenure and margin of financing.
π² Discuss financing options with ZacOther projects in bukit mertajam
All 11 others we track here, cheapest first β 8 of them still selling.
- Grains ResidencesRM136K
- Aston Minka ResidencesRM250K
- Sejahtera 113RM369K
- Sevora ResidencesRM400K
- The RimbunRM400K
- Marc ResidencesRM548K
- Serene Villas @ Sunway WellesleyRM680K
- Embun HillsRM803K
- Garden Superlink Phase 4RM846K
- Hijauan JernihRM975K
- Garden VillasRM1.19M
Bukit Mertajam β area snapshot
Full area guide βBukit Mertajam is the mainland's commercial and residential hub on the Penang Mainland, serving as a transit node between Butterworth and the northern/southern corridors.
Price range
RM 136K β RM 1.2M
asking prices in area
Active projects
8
selling or under construction
Subsale condos
3
completed projects
Total tracked
12
properties in this area
Total Cost Breakdown
Every cost you'll pay β stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 22,500 |
| SPA stamp duty (tiered 1β4%) | RM 3,500 |
| SPA legal fee | RM 2,813 |
| MOT stamp duty (at VP) Tiered 1β4% on transfer value. Paid at Vacant Possession stage. Buyer's cost β rarely absorbed by developer. | RM 3,500 |
| Loan stamp duty (0.5%) | RM 1,013 |
| Loan agreement legal fee | RM 1,013 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 36,338 |
New launch β typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates only, based on 2026 Penang state rules β not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac β
Frequently asked questions
What is the price for Iconic Harmony?
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Where is Iconic Harmony in Bukit Mertajam?
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Is Iconic Harmony for first-time buyers?
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Substitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.
From
RM 225K
Iconic Harmony