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 906K, and a typical market range of RM 750K to RM 956K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 682, with core pricing between RM 579 and RM 784. Market pricing typically extends from RM 570.63 to RM 792.38, reflecting moderate variation in unit pricing. The spread of RM 221.75 (IQR) and deviation of RM 103 (MAD) suggest moderate price variations reflecting different property features.
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.
