FORTUNE COURT

Area Intelligence
2022
Median Price
RM 340,000
PSF: RM 347

Residential PSF Trends

Median Price

RM 340,000

PSF: RM 347

Commercial PSF Trends

Median Price

RM 775,000

RM 682 PSF

FORTUNE COURT in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 347.

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 347, with most transactions between RM 347 and RM 347. The usual range is RM 236.13 to RM 457.88, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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FORTUNE COURT, Timur Laut, Penang

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