Sungai Nibong Β· Subsale Market
Iconic Regency Subsale β Sungai Nibong, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Iconic Regency is a completed freehold condominium in Sungai Nibong, Penang, completed in 2024 by Iconic Development Sdn. Bhd.. It has 268 units. Subsale asking prices currently run about RM817β1118 per sq ft (from roughly RM 490K). Note: it sits on commercial title, so utilities may be billed at commercial rates.
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-07-30.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 600β850 | RM490,000 | RM817 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Iconic Regency subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Sungai Nibong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Iconic Regency.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Iconic Regency is priced within Sungai Nibong
At roughly RM817 psf, Iconic Regency prices toward the upper end of Sungai Nibong's condo band (RM320β753 psf). Expect to justify that with something concrete: sea view, low density, branded management, or a genuinely superior position within the area.
Area gross yield
~5%
Typical for Sungai Nibong condos
Building age
2 years
Completed 2024
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
The Iconic Regency pre-purchase checklist
- 1.Remaining lease (if leasehold) β Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
- 2.Outstanding charges and caveats β Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables β Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
- 4.Exit tax position β Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms β Agree in writing what stays β air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
Iconic Regency price 2026
What Iconic Regency trades at on the sub-sale market, last checked 2026-07-30.
| Asking from | RM490,000 β RM950,000 |
| PSF | RM817 β 1118 |
| Built-up | 600 β 850 sqft |
| Completed | 2024 |
| Units | 268 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
The building is 2 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β and if you are near the five-to-six-year line, the date matters more than the price.
Iconic Regency for sale & for rent
Looking to buy or rent a unit in Iconic Regency? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Iconic Regency key facts
- Developer
- Iconic Development Sdn. Bhd.
- Area
- Sungai Nibong, Penang
- Type
- serviced apartment
- Tenure
- freehold Β· commercial
- Completed
- 2024
- Total units
- 268
- Asking PSF
- RM817β1118
- Price from
- RM 490K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Iconic Regency:
View full Iconic Regency profile βSungai Nibong β area snapshot
Full area guide βPrice range
RM 460K β RM 650K
asking prices in area
Active projects
0
selling or under construction
Subsale condos
4
completed projects
Total tracked
5
properties in this area
Other projects in Sungai Nibong
Other projects in Sungai Nibong
All 4 others we track here, cheapest first β all trading sub-sale.
- Casa AnggunRM460K
- NovusRM530K
- Celesta ResidencyRM635K
- The Sun @ Sungai NibongRM650K
Iconic Regency subsale β common questions
What is the price of Iconic Regency?
Iconic Regency runs RM490,000 to RM950,000. These are verified sub-sale asking prices, not transacted figures β expect movement between the two. That works out to about RM817β1,118 per square foot. Checked 2026-07-30.
Is Iconic Regency freehold or leasehold?
Iconic Regency is freehold, on a commercial title. Those are two separate facts and only the first usually appears in marketing. A commercial title means commercial utility and assessment tariffs, and a tighter loan margin at most banks.
Can a foreigner buy at Iconic Regency?
Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so Iconic Regency is open to Malaysian and PR buyers only.
When was Iconic Regency completed?
Iconic Regency completed in 2024, developed by Iconic Development Sdn. Bhd.. Units here trade sub-sale.
How big are the units at Iconic Regency?
Built-ups run 600 to 850 sq ft. There are 268 units in total.
More on the neighbourhood:
Sungai Nibong area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.