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 7 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 435K to RM 545K, and a typical market range of RM 321K to RM 659K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 465, with core pricing between RM 411 and RM 519. Market pricing typically extends from RM 348.75 to RM 580.25, reflecting moderate variation in unit pricing. With an IQR of RM 231.50 and MAD of RM 54, 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.
