Relau · Subsale Market
Iconic Skies Subsale — Relau, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Iconic Skies is a completed freehold condominium in Relau, Penang, completed in 2017 by Iconic Worldwide Bhd. It has 299 units. It launched from around RM 650K in 2013 — that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.
Price at a glance
Prices as at November 2026 — Post-completion transacted prices basis. Last checked 2026-10-12.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 1-3BR Condo | 760–2,976 | RM650,000 | ~RM855 |
Zac’s Take
Zac Ong
RM455 psf is the number to start with. Very little that completed on Penang Island in 2017 still trades in the four-hundreds, and here it buys into a freehold 299-unit scheme in Relau — two towers of 37 storeys by Iconic Worldwide — where the standard stock runs 1,483 to 1,598 sqft and the schedule also lists fourteen four-storey sky villas at 3,463 sqft. Entry near RM650,000 for that kind of floor area is rare, and it keeps the project below the RM1 million line foreign buyers must clear on the island, so it changes hands among Malaysians and PRs. Best for a local family buying square footage per ringgit with freehold behind it, and for long-hold landlords. Wrong buyer: anyone set on a Gurney or Tanjung Bungah postcode, or wanting a compact, low-upkeep unit.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy an Iconic Skies subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Relau's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Iconic Skies.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
What to inspect before you commit at Iconic Skies
- 1.Internal pipes and electrical — For buildings past the ten-year mark, ask for a recent plumbing inspection. Full repiping is a five-figure cost you do not want to discover after VP.
- 2.Waterproofing and ceiling stains — Check bathroom floors, balcony thresholds and the ceiling directly under any upstairs wet area. Old stains that were painted over will reappear.
- 3.Lift modernisation status — Lifts have a service life. Ask whether modernisation has been done or is being planned — it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout — Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation — Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
Iconic Skies price 2026
What Iconic Skies trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM650,000+ |
| Built-up | 760 – 3,578 sqft |
| Completed | 2017 |
| Units | 299 |
Post-completion transacted range. Asking is not transacted — expect movement between the two.
The building is 9 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s 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 — and if you are near the five-to-six-year line, the date matters more than the price.
Iconic Skies for sale & for rent
Looking to buy or rent a unit in Iconic Skies? Asking prices and rents move with the market and with the specific unit — floor, facing, condition — so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Iconic Skies key facts
- Developer
- Iconic Worldwide Bhd
- Area
- Relau, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2017
- Total units
- 299
- Price from
- RM 650K
Relau — area snapshot
Full area guide →Price range
RM 480K – RM 1.7M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
3
completed projects
Total tracked
4
properties in this area
Other projects in Relau
Other projects in Relau
All 3 others we track here, cheapest first — all trading sub-sale.
- Setia Sky VistaRM480K
- Golden Triangle 2RM600K
- Jasmine ResidenceRM1.7M
Iconic Skies subsale — common questions
What is the price of Iconic Skies?
Iconic Skies runs RM650,000 and up. That is the post-completion transacted range. Checked 2026-10-12.
Is Iconic Skies freehold or leasehold?
Iconic Skies 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 Skies?
Possibly, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property, and the entry price is below it; ask for the price of the specific unit before you plan around it. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
When was Iconic Skies completed?
Iconic Skies was completed in 2017 by Iconic Worldwide Bhd, so homes here are bought from existing owners.
How big are the homes at Iconic Skies?
Homes range from about 760 to 3,578 sq ft. There are 299 homes in total.
More on the neighbourhood:
Relau area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.