Snippets
Iconic Point 100% taken-up during its soft launch
Focus Malaysia 10 Sep 2019 16:14

Iconic Worldwide Berhad (“Iconic Worldwide” or “the Company”), a Bursa Malaysia listed company that is primarily involved in tourism and property businesses, is pleased to announce that its maiden property project 'Iconic Point' was 100% sold during its two-day soft launch at its sales gallery in D'Piazza Mall, Penang this weekend.

It is important to note that 70% units of the project was grabbed within 10 minutes when it opened its sales gallery in the morning and purchasers queue up as early as 4.30am in the morning. Designed to emulate the success of the original Icon City that was completed 5 years ago by Iconic Development, Iconic Point is expected to become one of the key commercial centre and landmark in the Simpang Ampat township – a true game-changer for mainland Penang’s dining and entertainment scene. The freehold development will be completed by the first quarter of year 2022.

Iconic Worldwide Berhad is formerly known as Sanbumi Holdings Berhad; the Company received approval from its shareholders for its name change during their Extraordinary General Meeting (“EGM”) held on 28 August 2019. Iconic Point is a joint venture between Iconic Maison Sdn Bhd, a wholly-owned subsidiary of Iconic Worldwide, and Iconic Development Sdn Bhd.

Sprawling across 8.7 acres, Iconic Point will feature 49 units of modern semi-detached & detached shop offices with individual shared lift. There will also be 3 drive-thru F&B outlets with tenants such as Starbucks. An elegant 4-storey boutique hotel sits at the end of the Iconic Point belt, providing visitors a place to rest their weary body while still remaining in close proximity to essential service outlets and loved ones, perfectly encapsulating the definition of an integrated lifestyle hub.

The 49 units of modern 3-storey shop offices maximise convenience and efficiency by incorporating specially-designed shared lifts. Its commodious layouts make units flexibly suited to a vast spectrum of business – from retailed store, cafes, restaurants and pubs, to beauty salons, boutiques and more.

Iconic Worldwide Berhad Managing Director Dato Tan Kean Tet said: “This is the first time Simpang Ampat has seen such a development, with semi-detached & detached shop offices with individual shared lift concept, and the price we have set is very close to what we offered for Icon City when it was launched 7 years ago. We have done this so that our customers can enjoy some price appreciation for the products made by Iconic, and this has resulted in many recurring customers coming back to support us for this new project.”

Strategically located near the junction of Jalan Permatang Tinggi and Jalan Bukit Tambun, just off the North-South Expressway, Iconic Point will enjoy great visibility to thousands of motorists passing by daily. The development is also a stone’s throw away from the nearby KTM station, and in close proximity to mature residential neighbourhoods.

All that makes Iconic Point a great opportunity for those looking to set up a thriving business, or an investment with great potential for returns. For more information about Iconic Point, visit their website https://www.iconicworldwide.com.my/ or follow their Facebook page at https://www.facebook.com/IconicDev/.



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