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Market Snapshot
ResidentialRM 340,000
RM 347 psfMedian transaction price
Fortune Court, Farlim, 11500 Air Itam, Penang, Malaysia
MapsFortune Court in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM 600K and a median price per square foot (PSF) of RM 557.
This area contains both residential and commercial properties. View 7 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 557, with most transactions between RM 557 and RM 557. The usual range is RM 441.67 to RM 673.17, showing that most units are priced quite close to each other. With an IQR of RM 231.50 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.