What will be price for this project, does it under soft launching or project started?

@Ken, thanks! I will check it out since I will be back to PG this weekend.

location wise looks ok……

Neighbouring already have auto city with about the same concept with F&B (mac-D, KFC, old town, ……), banks and other franchise. Is this place still can boom up? if anyone know the price, please share it here.

Just call the developer starting price is ~RM1.6 M 3 1/2 storey with lift.

Here the website http://www.iconic.com.my/

7th May they will open to public for registration. 1 to 2 months later only soft launch by inviting all registerers. Only absorb legal fee. No DIBS and have to pay stamp duty. Purely commercial title. Estimated initial entry 300k. big investment

@wai2
what? RM1.6m ? !! i prefer to buy The Arena in Bayan Baru, devoper set the ‘crazy’ price in that location… good luck.

i think this project is totally diff concept with Arena.
The location here quite good, opp the project Bayu Emas selling price already over 1.2mil for terrace shop-2 storey some more.

If compared to DNP’s ICH at Alma, the price tag of 1.6m is considered ok already for a 3.5storey semi-d. Though this location is good, but its close proximity to autocity means that it’s unlikely to have another McD, Old town, Sakae, Starbucks, Overtime, Maybank etc here…

this development is good for mainland and juru/bukit minyak area properties….

I went and see this area..its a good looking building..but the problem is, this project is not facing the main road..moreover,in front of this project there is a used car dealer who are blocking this buildings..and the Icon City is behind them..this is not good…another thing is,this project is abit deep in unlike Auto City..

@Dong Lee
beside poor location, developer sell extreme high price! i bought 3 storey shoplot at Arena @ Bayan Baru only RM1.42m (3600sf, 20′ x 50′), a bit smaller but location much more better than in Bukit Tengah.

agreed with you joe, i heard the price is abt RM1.6mil….too much..

If the rental is similar to Autocity, then 1.6million is reasonable. But I don’t think so, how the developer control the the tenant type? No doubt this project will get a little but spill over from Autocity. But the rental will only slightly higher than Bayu Mutiara.

This project is too close to Auto City. Why go for the imitation or clone? It is also too damn expensive for a mainland location..

Buyer Beware, this is the first and last project by the iconic group as it will fail miserably.

The IconiIIIc Group is new in the construction world. I will not gamble my hard earn ringgit on a RM1.6MILLION crap!

RM1.6M is a steal. It is worth RM2.0M. I am mamak, I know all!

ALL SOLD OUT EXCEPT BUMI UNITS AT THE PRE-LAUNCH YESTERDAY.

STARTING AT RM1,688,000. WHAT A STEAL!

how was the launch yesterday???…..any units left?….interested buyer!

Yesterday’s launch received lukewarm response. I think they have 20+ units left.

You can call up Iconic to book tomorrow.

@WiseBug
As i know the were no units left..i called them yesterday and they said at the soft launch all the units are fully booked..i think u are talking about the 20 reserved units which is only for franchising and for banks..

The 20+ are bumi and/or reserved units for specific clientele.

most of the units were booked by the insiders!

I heard the projects sold out in 20minutes. Wah lau eh!

How many of u think that this project will be greater than Auto City?? I am full of doubts..

I think it will complement with Auto City and it is a win-win for both.

The losers will be Bayan Mutiara & Gemilang instead.

@eclipse

Yup..because this is two are mega projects..how about the response?? Some saying the reception is bad and the units are still available and the others are saying not even one unit is left out..any reliable source?

Past sunday Kwongwah newspaper did publish. 20min sold out all 71 units. Those buyers act like buy vege at pasar.

Launch 71 units, Sold 71 units.

How can they sell the bumi units now? Sounds fishy!

Yes, all sold out in 20 mins. I was there, I know.

It was like a zoo when the booking started with batches of 20 buyers. There were 3 batches total.

How to sell 71 units within 20 minutes???how many staff they have?71staffs??how to manage to complete the booking process so fast?feel like wanto interview the manager.solute!!!

Easy… all with stickers before launch. A common marketing trick. Genuine sales or not is different story.

dont simply lar you

@Young
Agreed v u.Kwong wah news paper also no common sense one.hahah.. sell 71 units in 20 mins this is really mislead… if they write there sell within a day then is logic.haha. They though no paper works for property selling, pay 1.6mil then payback 400k by dev then done.hahah sell cake also need more time to proceed packing.real funny

Actually, there were 2 sales rep handling the bookings. It took less than a minute to get an order, place sold sticker on the board, and wrote the unit no. on the buyer’s form and kept it for later processing. A few buyers had booked for 2 units at one shot.

There were 3 batches of 20 buyers. One batch was allowed in the booking desk at a time. Most were sold by 2nd batch except 2 units priced as RM2.2M.

Good explanation by KC.
The way he explained on the process i knew he was there.
For those who are on 3rd batch (draw number from 41 to 68), only 2 units left for them to choose from.

The last sale at Gemilang was $830K for a 2-storey 20″x70″ shop house.

I heard that Bayu Mutiara is selling at $1.1-1.2M.

On hindsight, Icon City from $1.688 and above is not expensive, relatively speaking. Why, 4 storey semi-d 26″x69″ (land area 34″x79″) with a $200K private lift is reasonably cheap!

If the land between the junction to the icon city turn into a commercial center, the price will be higher. It is a good location for shopping, movies, offices…

Do any unit still available?

Hi Calvin, you interested to buy?

I am interested too, anyone selling?

Hi Ding Dong, how much are you willing to offer in terms of percentage based on the original purchase price?

How about 2.5%?

I would pay 105% on the original price. Any seller?

I went and see the site..they destroy the jungle fully..but what am i wondering is, the site is so small…how can they fit 71 units,700 car parks and a business class hotel in that small area…if u look at the site map plan,its really huge…

anybody sign the agreement ready????

Anyone willing to let go your unit for 50K?

You can have mi

Chief :
Anyone willing to let go your unit for 50K?

Yes, I have a client who wants to let go of his unit for a RM200K fee.

any1 knows how much is the land cost per sqft in this project?

joe :
@Dong Lee
beside poor location, developer sell extreme high price! i bought 3 storey shoplot at Arena @ Bayan Baru only RM1.42m (3600sf, 20′ x 50′), a bit smaller but location much more better than in Bukit Tengah.

Arena @ Bayan Baru will suffer the same fate as D’piazza & The One shop lots.

Icon City will end up as hot as the Auto City.

WHY SO?

A wise guy once said about property investment: LOCATIONS, LOCATIONS, LOCATIONS.

sold out leh this project…wow
my house nearby value will increase….auto city and icon city..

How about Pearl Square Shop Lot at Pearl City under Tambun Indah? Is it good good investment? Pls share.

Icon City – Still got 10+ units available hold by developer. Price? Find out fr them.

cl :
How about Pearl Square Shop Lot at Pearl City under Tambun Indah? Is it good good investment? Pls share.

stay away from tambun indah project… lousy sales staff, poor quality and bad location.

ihc :
Icon City – Still got 10+ units available hold by developer. Price? Find out fr them.

yes they do, for rm2.5M each, pre-launch ave was rm1.9M.

I prefer residential and commercial properties on the island but caution…. buy only from reputable developers…. top on my list…. SP Setia…. always deliver on time or even earlier….. sleep soundly at night…. peace of mind…. that is ever so precious

Goodness….. look at the escalating prices of property….. rather steep especially for this type of mainland property category….. well…. only time will tell…. good luck to all….those who chase sib sales must be cautious….. RM2 mil is a lot of money……. Enough to send 2 kids to Royal College of Surgeons in Ireland……

If you can afford to buy 2mil property, logically you are able to send your kids to oversea liau….meaning that financially you are STRONG to consider such property at such price.

YR-09-10-11-12
===========
Y1-30-05-10-15
Y2-30-05-10-15
Y3-20-05-05-10
Y4-15-05-05-10
Y5-05-05-05-10

anyone interested to rent the unit?

YR-10-11-12-13
===========
Y1-30-05-10-15
Y2-30-05-10-15
Y3-20-05-05-10
Y4-15-05-05-10
Y5-05-05-05-10

====================
YR-06-07-08-09-10-11-12-13
====================
Y1-30-00-00-00-05-05-10-15
Y2-30-00-00-00-05-05-10-15
Y3-20-00-00-00-05-05-05-10
Y4-15-00-00-00-05-05-05-10
Y5-05-00-00-00-05-05-05-10

YR-06: 27-Oct-1995 to 31-Mar-2007
YR-07: 01-Apr-2007 to 31-Dec-2007
YR-08: 01-Jan-2008 to 31-Dec-2008
YR-09: 01-Jan-2009 to 31-Dec-2009
YR-10: 01-Jan-2010 to 31-Dec-2010
YR-11: 01-Jan-2011 to 31-Dec-2011
YR-12: 01-Jan-2012 to 31-Dec-2012
YR-13: 01-Jan-2013 to 31-Dec-2013

what are all these numbers mean? >,<

AUTO-CITY 3 STOREY SHOP HOUSE:….Hi Friends, Can anyone advise me on the market price for the property in Auto City on the 3-storey shop-house as one of the owner is going to sell at RM1.8 million. The land areas is 22 x 60 ft.

The location is good, just next to Nasmir Golden Hotel. Is this a good buy, please advise as the rich owner is migrating. Some of my friends say the selling price is reasonable. The location is not bad but when I approached the Bank Officer he told me that the selling is slightly high.

All Experienced gentlemen/property experts please advise. We offer him RM1.4 million but the owner stick to the original price RM1.8 million, not negotiable!! Thank you.

KL Tan :
AUTO-CITY 3 STOREY SHOP HOUSE:….Hi Friends, Can anyone advise me on the market price for the property in Auto City on the 3-storey shop-house as one of the owner is going to sell at RM1.8 million. The land areas is 22 x 60 ft.
The location is good, just next to Nasmir Golden Hotel. Is this a good buy, please advise as the rich owner is migrating. Some of my friends say the selling price is reasonable. The location is not bad but when I approached the Bank Officer he told me that the selling is slightly high.
All Experienced gentlemen/property experts please advise. We offer him RM1.4 million but the owner stick to the original price RM1.8 million, not negotiable!! Thank you.

@KL Tan

22x60x3storey=3960sqft.
rm1,800,000/3960=RM454/sqft.
what is the rental currently?
If the rental is RM10k per month then you are getting about 6.66% return per year.

@ihc Hi ihc, thanks. I understand from one tenant there that they are renting a unit of 3 storey at RM5800.00 and another one tenant only the ground floor is RM4000.00 monthly. Based on your calculation on the price per sq ft of RM454.00 is it reasonable market value. Can buy? Thanks.

@wow
this is Real Property Gain tax % by year..

Anyone want to sell?

@ihc

Hi M,
Yes I have one unit to sell.
Let me know how to contact you for further discussion if you are keen.

======================
YR-06-07-08-09-10-11-12-13-14
======================
Y1-30-00-00-00-05-05-10-15-30
Y2-30-00-00-00-05-05-10-15-30
Y3-20-00-00-00-05-05-05-10-30
Y4-15-00-00-00-05-05-05-10-20
Y5-05-00-00-00-05-05-05-10-15

YR-06: 27-Oct-1995 to 31-Mar-2007
YR-07: 01-Apr-2007 to 31-Dec-2007
YR-08: 01-Jan-2008 to 31-Dec-2008
YR-09: 01-Jan-2009 to 31-Dec-2009
YR-10: 01-Jan-2010 to 31-Dec-2010
YR-11: 01-Jan-2011 to 31-Dec-2011
YR-12: 01-Jan-2012 to 31-Dec-2012
YR-13: 01-Jan-2013 to 31-Dec-2013
YR-14: 01-Jan-2014 to 31-Dec-2014

I have one unit for sale anyone interst pls email to me 5391@gmail.com

Sorry wrong email this is my email sun5391@gmai.com

TL :
If the land between the junction to the icon city turn into a commercial center, the price will be higher. It is a good location for shopping, movies, offices…

Your wish is granted!

Auto Prai City, another upcoming landmark next to Juru interchange. This is a mixed development project located along Jalan Kebun Nenas, adjacent to Bayu Mutiara and Icon City. There will be a 5-star international hotel, 4 & 6-storey shop houses, a 38-storey SOHO tower and a 30-storey residential condominium.

There are also 22 units of 2-storey semi-detached shop houses to be opened for lease only.

Property Project: Auto Prai City (Juru Bayu Sentral)
Location: Bukit Tengah, Penang
Property Type: Mixed Development
No. of Units: 17 (shop houses), 175 (soho), 146 (condominium)
Land Tenure: Freehold
Developer: Exopuri Sdn. Bhd.

i hv one unit, pm me only if u r serious buyer

@M
Hi, I have nice unit total 4 units. Contact me 0124818018 or jasmineyap.property@gmail.com for viewing:)

Exo Residences, an upcoming condominium with full facility by Exopuri Sdn. Bhd. in Juru, Penang. This is a 31-storey residential building comprises 146 condo units with built-up area ranging from 1,275 sq.ft. to 2,886 sq.ft. It’s only a stone’s throw away from Juru Auto City, about 5 minutes drive from Penang bridge.

Each unit comes with double walk in wardrobe for Master and 1st bedroom. There are several design to choose from with 8 units per floor and 2 car parking lots per unit.

Facilities:

Skydeck lounge
Infinity Pool
Tier Security System
2 carpark per unit
Gymnasium
Sauna and Wading Pool
Property Project: Exo Residences @ Juru Sentral
Location: Juru/Bukit Tengah, Penang
Property Type: Condominium
No. of Units: 146
Built-up Area: 1,275 sq.ft. – 2,886 sq.ft.
Indicative Price: RM487,000 onwards
Land Tenure: Freehold
Developer: Exopuri Sdn. Bhd.

I have a unit to let go , asking only RM2.48.

I am interested! Please contact me at MA83@gmail.com.

@MN
Please contact 0124818018 or jasmineyap@gmail.com. I have buyer. Thank you

@I-Seller
Please contact 0124818018 or jasmineyap@gmail.com. I have buyer. Thank you

I have a unit 5,800 sf 3.5-storey for rental @ RM10,000 a month.

Jimmy Chu :
owner has one unit Icon city to rent 12k/mth , sell 3.2m nego,contact 0125281813

I-Seller :
I have a unit to let go , asking only RM2.48.

My buy offer to you is RM2.18M. Deal?

Hi I-Seller, yours is which unit?
@jasproperty

I hv 6 units for sale. Pls call 0124091299 tq

I have units for sale pls call 0124356069

I-Seller :I have a unit to let go , asking only RM2.48.

details pls

Is icon city developed by exopuri as well ? How come PJ also have icon city but by Mah sing group?

now the earlier investor laughing to all those naysayer. hahaha