FORTUNE COURT

Area Intelligence
2023
Median Price
RM 490,000
PSF: RM 465

Residential PSF Trends

Median Price

RM 380,000

PSF: RM 372

Commercial PSF Trends

Median Price

RM 600,000

RM 557 PSF

FORTUNE COURT in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 490K and a median price per square foot (PSF) of RM 465.

This area contains both residential and commercial properties. View 6 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 465, with most transactions between RM 465 and RM 465. The usual range is RM 353.63 to RM 575.38, showing that most units are priced quite close to each other. With an IQR of RM 221.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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FORTUNE COURT, Timur Laut, Penang

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