FORTUNE COURT

Area Intelligence
2024
Median Price
RM 775,000
PSF: RM 682

Residential PSF Trends

Median Price

RM 330,000

PSF: RM 323

Commercial PSF Trends

Median Price

RM 800,000

RM 782 PSF

FORTUNE COURT in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 775K and a median price per square foot (PSF) of RM 682.

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 775K, with most transactions falling within a stable range of RM 750K to RM 800K, and a typical market range of RM 750K to RM 800K.

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

The median PSF stands at RM 682, with core pricing between RM 581 and RM 782. Market pricing typically extends from RM 570.63 to RM 792.38, reflecting moderate variation in unit pricing. With an IQR of RM 221.75 and MAD of RM 101, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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FORTUNE COURT, Timur Laut, Penang

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