penangproperty
Iconic Harmony — mixed, Jalan Rozhan, Alma, Bukit Mertajam
New LaunchfreeholdEst. 2028

Iconic Maison Sdn. Bhd.

Iconic Harmony

Jalan Rozhan, Alma, Bukit Mertajam

From

RM 225K

RM 250+ PSF · 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 November 2026 — Developer prices basis. Last checked 2026-10-10. The project has not completed — no resale market yet.

Unit typeSize (sqft)Price fromPSF from
3BR900RM225,000~RM250
Z

Zac’s Take

Zac Ong

Iconic Harmony is a state affordable-housing project by Iconic Maison, part of Iconic Worldwide, at the junction of Jalan Rozhan and Jalan Alma in Bukit Mertajam: a 36-storey tower with 751 homes of about 900 sq ft, all three-bedroom, due in the second quarter of 2028.

Homes are sold from RM225,000 under the state's Rumah MutiaraKu scheme, with income limits and resale restrictions, so it's for eligible Penang buyers only.

If you qualify, it's one of the lowest-cost new homes near Bukit Mertajam's hospital, AEON and the Alma shops. It isn't open to foreign buyers.

Iconic Harmony price list 2026

1 of 1 unit types have a published price · entry from RM225,000 · 751 units total · completing 2028

TypeSize (sqft)Price fromPSF (derived)Units
3BR900RM225,000~250751

PSF is derived, not quoted — 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 — the project has not completed, so there is no resale market to compare against, last checked 2026-10-10. Developers reprice between phases — confirm the current list before committing.

Every unit type here sits below the RM500,000 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 — 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

Infinity PoolChildren's Water PlaygroundGymnasiumBasketball CourtJacuzziViewing DeckCommon LoungeReading RoomGreen Spaces

What's nearby

🏥 Healthcare

  • Hospital Bukit Mertajam

🎓 Schools

  • Jit Sin High School

🛍 Shopping

  • AEON Mall Bukit Mertajam
  • Lotus's Bukit Mertajam

🌏 Foreign buyer info

Not available to foreign buyers — allocated under a government affordable-housing scheme requiring Malaysian citizenship.

See also: Penang foreign buyer guide →

Monthly Instalment Calculator

Monthly Instalment

RM 909

Total Interest

RM 179,198

Total Outlay

RM 404,198

Estimates only — 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.

📲 Discuss financing options with Zac

Other projects in bukit mertajam

All 12 others we track here, cheapest first — 8 of them still selling.

Bukit Mertajam — area snapshot

Full area guide →

Bukit 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 284K – RM 1.2M

asking prices in area

Active projects

8

selling or under construction

Subsale condos

4

completed projects

Total tracked

13

properties in this area

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

DownpaymentRM 22,500
SPA stamp duty (tiered 1–4%)RM 3,500
SPA legal feeRM 2,813
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 3,500
Loan stamp duty (0.5%)RM 1,013
Loan agreement legal feeRM 1,013
Valuation feeRM 1,000
Search, admin, miscRM 1,000
Gross upfront totalRM 36,338

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 6,750
0%5%10%
Total developer savings− RM 11,588

Net upfront (after savings)

Based on typical 2026 new launch package

RM 24,750

Estimates only, based on 2026 Penang state rules — 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 →

Frequently asked questions

What is the price of Iconic Harmony?

+
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.

Is Iconic Harmony freehold or leasehold?

+
Iconic Harmony is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.

Can a foreigner buy at Iconic Harmony?

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No. Iconic Harmony is affordable-housing stock under the Penang state programme — eligibility conditions and income ceilings apply, a resale moratorium is likely, and it is not available to foreign buyers. The advertised tier price is not an open-market price.

When will Iconic Harmony be completed?

+
Iconic Harmony is expected to be completed in 2028, by Iconic Maison Sdn. Bhd.. That's the developer's target. The date that counts is the handover date in your sale agreement, which under Malaysian housing law is usually 36 months from signing.

How big are the homes at Iconic Harmony?

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Homes range from about 902 sq ft. There are 751 homes in total.

Where is Iconic Harmony in Bukit Mertajam?

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Bukit Mertajam town area, Seberang Perai — near the KTM commuter rail station and the established BM town commercial centre.

Is Iconic Harmony for first-time buyers?

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Yes — at RM225K entry it is well within first-time buyer budget, especially for mainland Penang.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 225K

Iconic Harmony

Chat with Zac now