Relau · Subsale Market
Iconic Skies Subsale — Relau, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Iconic Skies is a completed freehold condominium in Relau, Penang, completed in 2017 by Iconic Worldwide Bhd. It has 299 units. Subsale asking prices currently run about RM455 per sq ft (from roughly RM 450K).
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Iconic Skies subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Relau's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Iconic Skies.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
5 things to check before signing the Iconic Skies SPA
- 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
- 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
- 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
- 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
- 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.
Iconic Skies key facts
- Developer
- Iconic Worldwide Bhd
- Area
- Relau, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2017
- Total units
- 299
- Asking PSF
- RM455
- Price from
- RM 450K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Iconic Skies:
View full Iconic Skies profile →Relau — area snapshot
Price range
RM 400K – 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
Iconic Skies subsale — common questions
Where is Iconic Skies located?
Iconic Skies is in Relau, Penang, developed by Iconic Worldwide Bhd and completed in 2017.
Is Iconic Skies freehold or leasehold?
Iconic Skies is freehold.
How much is a Iconic Skies unit?
Subsale asking prices at Iconic Skies start from roughly RM 450K (about RM455 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.
What's the typical asking price for a Iconic Skies subsale unit?
Subsale asking prices at Iconic Skies vary by unit floor, view, and renovation level. The most accurate current figures come from active listings — WhatsApp Zac for the live shortlist with prices and floor plans for available units.
Is Iconic Skies a good buy in the subsale market?
Iconic Skies in Relau is a completed building, which means immediate occupancy, verifiable neighbour quality, established maintenance fees, and a known JMC track record. The case for subsale here is no construction risk and a proven location — versus paying a new-launch premium for an unbuilt unit.
What should I check before signing a subsale SPA at Iconic Skies?
Five things to verify: (1) sinking fund health and any pending special assessments, (2) last 3 maintenance billings and how strict collection is, (3) JMC meeting minutes for the last 12 months, (4) common-area condition (pool, lifts, lobbies), (5) structural age of internal pipes (especially for buildings 10+ years old). Ask the listing agent to provide these as part of the offer process.
Can foreigners buy a Iconic Skies subsale unit?
Yes, subject to Penang state minimums (RM 1,000,000 for stratified properties on Penang Island; RM 600,000 on the mainland) and state consent (typically 2-4 months processing). MM2H holders are treated the same as other foreign buyers for property purchase rules.
How long does a subsale purchase at Iconic Skies take?
Typical timeline: 2-3 weeks from offer acceptance to SPA signing, then 3 months to completion (90-day SPA period). Faster than a new launch because no construction wait. Plan for stamp duty + legal fees (~3-4% of purchase price) at completion.
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Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.