WISMA FORTUNE HEIGHTS Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 990,000
CAGR
+321.1%
Median PSF
RM 505.00
CAGR
+65.8%
Transactions
2
Period
2022-2023

WISMA FORTUNE HEIGHTS in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 990K and a median price per square foot (PSF) of RM 505.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 990K, with most transactions falling within a stable range of RM 380K to RM 1.60 million, and a typical market range of RM 685K to RM 1.30 million.

Most transactions involved office lot, with minimal variety in property types.

Price per square foot shows a median of RM 505, though individual units vary from RM 380 to RM 630 in the core range. The broader market spans RM 442.50 to RM 567.50, indicating diverse property characteristics. The spread of RM 125.00 (IQR) and deviation of RM 125 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

2 found
Office Lot
RM 1,600,000
PSF: RM 630.00
Area: 2,540 sqft
Date: Aug 2023
Office Lot
RM 380,000
PSF: RM 380.00
Area: 1,001 sqft
Date: Jun 2022