penangproperty
Iconic Vue — subsale condominium in Lorong Sungai Emas, Batu Ferringhi

Batu Ferringhi · Subsale Market

Iconic Vue Subsale — Batu Ferringhi, Penang

Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.

Iconic Vue is a completed freehold condominium in Batu Ferringhi, Penang, completed in 2019 by Iconic Land Sdn. Bhd.. It has 232 units. Subsale asking prices currently run about RM494–594 per sq ft, with the typical unit asking around RM 465K (from roughly RM 395K).

Price at a glance

Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-12.

Unit typeSize (sqft)Price fromPSF from
All units850RM395,000RM494
Z

Zac’s Take

Zac Ong

Iconic Vue is a 232-unit freehold condominium on Lorong Sungai Emas, Batu Ferringhi, completed in 2019 by Iconic Land — and it is the strip's clearest single-format building: every unit is 850 sqft, listed at about RM395,000–550,000 in 2026.

My take: this is the lowest-friction way to own on Penang's beach strip. One layout, a tight price band, freehold, and a 2019 build that is new enough to need no renovation budget. The trade is that 850 sqft is a couple's unit or a holiday base, not a family home, and because every unit is identical your resale competes purely on floor, facing and price.

Best for a local or PR buyer wanting an affordable, modern, freehold foothold on the beach . It was built as Type C affordable housing, so confirm the unit's resale status and buyer eligibility with a lawyer first, and plan on a long let: ordinary residential condos on the island can't be licensed for short stays under the 2026 by-law. Entry sits far below the RM1M foreign floor, so this is not a foreign-buyer product. Ask me which units catch the sea and which face the road — on a single-layout building, that is the whole difference.

Reviews and comparisons

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy an Iconic Vue 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

Batu Ferringhi's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Iconic Vue.

Established maintenance

The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.

How Iconic Vue is priced within Batu Ferringhi

RM480 psf≈RM494 psfRM1030 psf

At roughly RM494 psf, Iconic Vue sits toward the value end of Batu Ferringhi's condo band (RM480–1030 psf). That usually reflects building age, floor level, or distance from the area's prime frontage — worth checking which, because the first two are negotiable and the third is not.

vs NAPIC median

+16%

Area median RM425 psf (all residential)

Building age

7 years

Completed 2019

PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.

5 things to check before signing the Iconic Vue SPA

  1. 1.Sinking fund health — Confirm the current balance and whether any special assessment is pending in the next 12 months. A thin sinking fund on an ageing building means you inherit the bill.
  2. 2.Last 3 maintenance billings — Verify payment is up to date and no dues are outstanding from the seller — arrears transfer with the unit, not the person.
  3. 3.JMC minutes (last 12 months) — Look for recurring complaints, structural concerns, or planned major works. This is the single most revealing document most buyers never ask for.
  4. 4.Common-area condition — Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning — it is negotiation leverage.
  5. 5.Management track record — Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.

Iconic Vue price 2026

What Iconic Vue trades at on the sub-sale market, last checked 2026-10-12.

Asking fromRM395,000 – RM550,000
PSFRM494 – 594
Built-up850 sqft
Completed2019
Units232

Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.

Recent prices. 2026 listings about RM400,000–550,000 for the 850 sq ft three-bedroom. Built as Type C affordable housing (from about RM300,000, 2019 report); check resale moratorium and buyer eligibility per unit.

The building is 7 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 Vue for sale & for rent

Asking rents at Iconic Vue ran from about RM1,600–2,000 a month in September–October 2026, for 850 sq ft three-bedroom homes. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.

Iconic Vue key facts

Developer
Iconic Land Sdn. Bhd.
Area
Batu Ferringhi, Penang
Type
condominium
Tenure
freehold · residential
Completed
2019
Total units
232
Asking PSF
RM494–594
Price from
RM 395K

Batu Ferringhi — area snapshot

Full area guide →

Batu Ferringhi is the island's beach resort belt. Long-term residential appeal is quieter than the northern condo corridor, though short-stay demand supports certain units.

Price range

RM 450K – RM 2.6M

asking prices in area

Active projects

0

selling or under construction

Subsale condos

12

completed projects

Total tracked

13

properties in this area

Other projects in Batu Ferringhi

All 12 others we track here, cheapest first — all trading sub-sale.

Iconic Vue subsale — common questions

What is the price of Iconic Vue?

2026 listings about RM400,000–550,000 for the 850 sq ft three-bedroom. Built as Type C affordable housing (from about RM300,000, 2019 report); check resale moratorium and buyer eligibility per unit.

Is Iconic Vue freehold or leasehold?

Iconic Vue is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.

Can a foreigner buy at Iconic Vue?

No. Iconic Vue 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.

How much is the rent at Iconic Vue?

Asking rents ran from RM1,600 to RM2,000 a month in September–October 2026, for 850 sq ft three-bedroom homes. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.

When was Iconic Vue completed?

Iconic Vue was completed in 2019 by Iconic Land Sdn. Bhd., so homes here are bought from existing owners.

How big are the homes at Iconic Vue?

Homes range from about 850 sq ft. There are 232 homes in total.

More on the neighbourhood:

Batu Ferringhi 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.