Jalan Sultan Omar, Kuala Terengganu · Completed · Subsale
Icon Residence
A 25-storey mixed-use tower by the Penang-based VST Group in central Kuala Terengganu, with 144 apartments of 797–1,236 sq ft above 11 shop offices, completed in 2018.
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Answer block
Icon Residence at a glance
Every figure here comes from the developer, the government housing register or the property records named at the foot of the page. Where sources disagree, the range is shown. Where nobody has published a number, it is not on this page.
Development
Icon Residence
Sold with the shop offices as The Icon
Address
Jalan Sultan Omar
20300 Kuala Terengganu
Tenure
Leasehold
Confirm the expiry on the title
Status
Completed
2018 (PropertyGuru, iProperty); PropertyGenie gives January 2018
Tower
25 storeys
One mixed-use tower
Units
144 apartments
Plus 11 five-storey shop offices of 828–1,429 sq ft built-up (VST), each with its own lift
Layouts
797–1,236 sq ft
Mostly 3 bedrooms and 2 bathrooms
Foreign buyers
Generally not eligible
Terengganu’s minimum is RM1 million; units here trade around RM500,000
Why this address
Four things buyers weigh at Icon Residence
A city-centre address with a sea view from the upper floors. Here is the case, and the catch.
In the middle of town
VST places it near the Kuala Terengganu waterfront, the hospital, Masjid Kristal, banks and the market, with Sultan Mahmud Airport a short drive away.
Family-sized units
Most units are 3 bedrooms and 2 bathrooms, and each comes with two parking bays, according to PropertyGuru.
Recorded sales to check against
EdgeProp has a median of RM420 psf over the last 48 months, with most sales between RM406 and RM460 psf.
What to weigh: a thin market
EdgeProp’s area page counts only 10 recorded sales here, and the highest price on record (RM514 psf, 2018) is above today’s median. Few comparable sales means pricing a unit takes care.
The development
Icon Residence, decoded
One 25-storey mixed-use tower with apartments above five-storey shop offices.
The towers
Facilities
As listed by VST Group, PropertyGuru and iProperty.
Water
Pool
- Swimming pool
Active
Fitness
- Gymnasium
- Sauna
- Adult fitness stations
Residents
Shared spaces
- Multipurpose hall
- Games room
- Landscaped garden
- Children’s playground
- Surau
- 24-hour security
Where the project is now
Layouts
All 2 Icon Residence layouts
2 layout types, from 797 to 1,236 sq ft. Sizes from the developer’s published plans, checked October 2026. Other layouts may exist; ask for the full list. Tap any layout and the drawing comes to your WhatsApp.
3-bedroom apartment — 1,236 sq ft
3 bed 2 bath · 1,236 sq ft
Get this floor planAsk price & availability →Location & connectivity
Where Icon Residence sits
Jalan Sultan Omar, Taman Tertai, 20300 Kuala Terengganu.
The recorded numbers
The price numbers
Recorded sales and asking prices are different things. Transacted figures come from deals recorded with the government valuation department; asking figures are what owners or the developer are listing at.
| Measure | Figure | Source and date |
|---|---|---|
| Transacted price median, last 48 months | RM420 psf · typical RM406–460 psf | EdgeProp, viewed Oct 2026 |
| Transacted price median, 10 recorded sales | RM520,000 | EdgeProp Kuala Terengganu area page, Oct 2026 |
| Asking price for sale, 1,236–1,238 sq ft | RM505,000 – RM595,000 | Mudah.my listings, Oct 2026 |
| Asking rent 3 bedrooms, 1,236 sq ft | RM2,700 – RM2,800 a month | Mudah.my listings, Jul–Aug 2026 |
Asking prices are not transactions. PropertyGuru estimates rent at about RM1,800 a month, well below the four live listings, some of which are furnished sea-view units; records differ, so check recent tenancies.
Track record
About VST Cemerlang Sdn Bhd
VST Cemerlang Sdn Bhd belongs to the VST Group of Companies, which is based at Wisma VST on Jalan Anson in Penang and was established in 1990, according to PropertyGuru.
The Icon combines VST’s shop offices and Icon Residence in one tower on Jalan Sultan Omar.
Around the building
What is near Icon Residence
The closest places on the map, measured in a straight line from the building. Driving distances are longer.
🚉 Getting around
- Terminal Bas MBKT~1.7 km
- Express Bus Terminal~2.2 km
🛍️ Malls
- Paya Bunga Plaza~1.6 km
- Paya Bunga Square~1.7 km
- KTCC Mall~1.9 km
🎓 Schools
- Sekolah Menengah Agama Khairiah~200 m
- Sekolah Kebangsaan Gong Kapas~300 m
- Sekolah Kebangsaan Sultan Sulaiman 1~500 m
- Sekolah Kebangsaan Sultan Sulaiman 2~700 m
🏛️ Colleges and universities
- Kolej Teknologi dan Inovasi KRIM~800 m
- Universiti Sultan Zainal Abidin (UniSZA) Kampus Kota~900 m
- Open University Malaysia~4.9 km
🏥 Hospitals
- SALAM Specialist Hospital Kuala Terengganu~1.1 km
- Hospital Sultanah Nur Zahirah~1.2 km
- KMI Kuala Terengganu Medical Centre~1.4 km
Map data © OpenStreetMap contributors. Names as recorded on the map; check opening and enrolment details yourself.
Is it for you?
Which kind of buyer are you?
The same building suits different people for different reasons. Pick the line that sounds like you.
🏠 Living here yourself
Layouts here run from about 797 to 1,236 sq ft. Ask me which stacks get the better view and the least afternoon sun; that changes the price more than the floor.
💰 Buying to rent out
Compare the recorded rents in "The price numbers" above with the instalment on your loan. Smaller layouts usually rent faster; larger ones hold tenants longer.
👨👩👧 Family with children
Check the school and clinic distances in the location section, the number of car parks per unit and how busy the lifts are at 7.30 am.
✈️ Buying from overseas
Foreigners can only buy above the state minimum price and pay 8% stamp duty from 2026. Ask me which units here qualify before you shortlist.
Straight talk
What I will not hide from you
Every project has trade-offs. These are the ones I would want to know before paying a deposit.
- ⚠️ Leasehold title. Check how many years remain on the lease; banks lend less, and buyers pay less, as the lease gets shorter.
- ⚠️ Asking prices are not sale prices. Compare any offer with the recorded transacted price per sq ft above before you commit.
The real cost
What buying here costs in 2026
Worked example for a unit at RM520,000, around the typical asking price here. Your figures will differ with the price and the bank.
| Malaysian buyer (90% loan) | Foreign buyer (70% loan) | |
|---|---|---|
| Purchase price | RM520,000 | RM520,000 |
| Down payment | RM52,000 | RM156,000 |
| Loan amount | RM468,000 | RM364,000 |
| Stamp duty on transfer (MOT) | RM9,600 | RM41,600 |
| Stamp duty on loan (0.5%) | RM2,340 | RM1,820 |
| Lawyer, sale agreement (incl. 8% SST) | RM6,966 | RM6,966 |
| Lawyer, loan agreement (incl. 8% SST) | RM6,318 | RM4,914 |
| Cash needed before keys | RM77,224 | RM211,300 |
| State consent fee for foreigners | – | Set by each state; ask me for the figure |
Estimates only. Stamp duty: 1–4% tiers for Malaysians and PRs, 8% flat for foreigners from 1 Jan 2026. Legal fees follow the Solicitors’ Remuneration Order 2023. First-time Malaysian buyers of homes up to RM500,000 may get a stamp duty exemption until 2027. Valuation, disbursements and moving costs are not included.
Get these numbers for a real unitCalculate my exact costs →Straight answers
Frequently asked questions
When was Icon Residence completed?
In 2018, according to PropertyGuru and iProperty. PropertyGenie gives January 2018.
What do units at Icon Residence sell for?
EdgeProp records a median of RM420 psf over the last 48 months, and a median price of RM520,000 across 10 recorded sales. Asking prices on Mudah.my in October 2026 ran from RM505,000 to RM595,000.
Can a foreigner buy a unit at Icon Residence?
Terengganu is under the National Land Code. The Bar Council’s table of state rules (as at October 2024) sets a RM1,000,000 minimum for a foreign buyer of a home, with every foreign purchase subject to state EXCO approval and a levy. Units on Malay Reserve land, low- and low-medium-cost units and Bumiputera units are excluded, and stamp duty on the transfer of a home is 8% for foreign buyers from 1 January 2026. Units here trade at around RM500,000, below the RM1 million minimum, so they are generally not open to foreign buyers.
Berapa sewa di Icon Residence Kuala Terengganu?
Sewa yang diminta untuk unit 3 bilik seluas 1,236 kaki persegi ialah sekitar RM2,700 hingga RM2,800 sebulan (Mudah.my, Julai–Ogos 2026). PropertyGuru menganggarkan purata sekitar RM1,800.
Icon Residence 是谁发展的？
由槟城的VST集团旗下VST Cemerlang Sdn Bhd发展，2018年完工，共144个公寓单位。
Which schools are near Icon Residence?
On map data, the nearest schools are Sekolah Menengah Agama Khairiah (~200 m), Sekolah Kebangsaan Gong Kapas (~300 m), Sekolah Kebangsaan Sultan Sulaiman 1 (~500 m). Distances are straight-line from the building.
Is there a train or bus station near Icon Residence?
The nearest stations on map data are Terminal Bas MBKT (~1.7 km), Express Bus Terminal (~2.2 km).
What is the nearest hospital and mall to Icon Residence?
The nearest hospital on map data is SALAM Specialist Hospital Kuala Terengganu (~1.1 km), and the nearest mall is Paya Bunga Plaza (~1.6 km).
How much cash do I need to buy at Icon Residence?
For a unit at RM520,000,, a Malaysian buyer with a 90% loan needs about RM4,914 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM77,224, before the state consent fee. The full table is in "What buying here costs in 2026".
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View project →Get the current price list and units available at Icon Residence
Prices move and the better units go first. Tell me your budget and whether you are buying to live in or to rent out, and I will send back the units that fit, not a generic brochure.
Buying, selling or renting: one conversation, no obligation.
Jason Lim
10 years in Malaysian property · Johor Bahru & Kuala Lumpur · REN 84424 · IQI Realty Sdn. Bhd. E (1) 1584/6
I work with local families, investors and buyers from Singapore and overseas. If a project is not right for what you need, I will say so; that is usually worth more than the brochure.