Iconic Harmony, Bukit Mertajam
Iconic Maison Sdn. Bhd. · Mixed development · Freehold · Selling
From RM 380,000 · 900 sq ft · 3 bed
- 1Price against the areaRM 422+15% vs completed condos
- 2The area+16.6%Change in Penang house prices over the four years to Q1 2026
- 3Other options at this price8other new launches within 15% of RM 422 per sq ft
- 4Cost and risksRM 44,600Cash upfront and RM 1,576 a month after that
Iconic Harmony is a freehold condominium in Bukit Mertajam, Penang, by Iconic Maison. Prices start from RM380,000 for a 900 sq ft unit, about RM422 psf. That is 15% above the NAPIC 2025 median of RM368 psf for completed condos in the Seberang Perai Tengah district. Checked against the developer's website on · Developer's project page
Location
Alma, Bukit Mertajam, Penang
1Iconic Harmony price compared with the area
Prices start from RM 380,000. With the smallest layout at 900 sq ft, that works out to about RM 422 per sq ft.
NAPIC recorded 7 completed condos in the Seberang Perai Tengah district in 2025. That area includes Bukit Mertajam. Its entry price per sq ft is higher than three quarters of the prices recorded in the area. New launches usually cost more per sq ft than completed condos nearby.
See the 7 completed condos NAPIC recorded in the Seberang Perai Tengah district on the area page.
- MONTVIEW ResidencesRM 379
- Iconic HarmonyRM 422
Each developer's starting price divided by its smallest layout, unless the developer states a price per sq ft.
2The area
- Timur LautRM 753 · 11 launchesRM 546
- Barat DayaRM 556 · 5 launchesRM 500
- Seberang Perai TengahRM 434 · 6 launchesRM 368
- Seberang Perai UtaraRM 442 · 1 launchRM 362
NAPIC 2025 data. Only areas with at least 5 recorded schemes are listed. Hover or tap an area for details.
Completed condos in Seberang Perai Tengah changed -0.1% in price from 2024 to 2025 (NAPIC, median per condo). See the price trend
House prices in Penang rose 16.6% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the Bukit Mertajam page.
3Other options at this price
↑ Starting price
| Project | Entry psf | vs this |
|---|---|---|
| SkyAwani Pearlmont ResidencesSeberang Perai | RM 413 | -2% |
| Aralia ParkSimpang Ampat | RM 409 | -3% |
| D' HazeltonPenang Island | RM 442 | +5% |
| Harbour View ResidenceButterworth | RM 442 | +5% |
| Seiras ResidencesSeberang Perai Selatan | RM 445 | +5% |
| D'Zone CondominiumTeluk Kumbar | RM 458 | +9% |
| Tuán PavilionAir Itam | RM 460 | +9% |
| MONTVIEW ResidencesBukit Mertajam | RM 379 | -10% |
4Cost and risks
Starting priceRM 380,000
Monthly instalment
RM 1,576
Cash upfront (down payment and stamp duty)
RM 44,600
- Down payment
- RM 38,000
- Stamp duty on the transfer
- RM 6,600
- Loan amount
- RM 342,000
- Total interest over the loan
- RM 320,105
Based on the starting price, with stamp duty on the transfer only. Legal fees and loan stamp duty are extra. We apply the first-home exemption only up to RM500,000. Confirm it with your lawyer.
Things to check
- No completion date is published: ask for the vacant possession date and the late-delivery terms in the SPA.
- In Penang a foreign buyer needs state consent and can only buy a unit priced at RM 500,000 or more.
Project details+
- Developer
- Iconic Maison Sdn. Bhd.
- Location
- Alma, Penang
- Property type
- Mixed development
- Tenure
- Freehold
- Total units
- Not stated by the developer
- Blocks / towers
- Not stated by the developer
- Storeys
- Not stated by the developer
- Expected completion
- Not stated by the developer
BBQ Terrace · Giant Chess · Outdoor Fitness Zone · Reading Room · Pool Pavilion · Reflexology Path · Multipurpose Hall · Yoga Room · Kids Playground · Function Lawn · Viewing Deck · Common Lounge
Iconic Harmony floor plans and photos
Our take
- The entry price per sq ft is close to the median for completed condos in Bukit Mertajam (+15%).
- Other new launches at a similar price per sq ft: SkyAwani Pearlmont Residences (RM 413 psf), Aralia Park (RM 409 psf) and D' Hazelton (RM 442 psf).
- House prices in Penang rose 16.6% over the last four years.
More new launches in Bukit Mertajam
Other new launches in Penang
Iconic Harmony: common questions
Is Iconic Harmony freehold or leasehold?
The developer lists it as freehold.
Can foreigners buy Iconic Harmony?
Penang sets a RM 500,000 minimum for foreign buyers. The developer does not list a full price range, so check the price of the unit you want.
Sources
Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.