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. The median price is RM 490K, with most transactions falling within a stable range of RM 430K to RM 551K, and a typical market range of RM 309K to RM 671K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 465, with core pricing between RM 405 and RM 524. Market pricing typically extends from RM 353.63 to RM 575.38, reflecting moderate variation in unit pricing. With an IQR of RM 221.75 and MAD of RM 60, 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.
