Area Intelligence

FORTUNE AVENUE

11 properties
2021
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Median Price
RM 430,000
PSF: RM 372

Residential Market

Median Price

RM 433,000

IQR: RM 109
MAD: RM 51
RM 372 PSF 0.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 392,500

IQR: RM 528
MAD: RM 272
RM 346 PSF 38.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

FORTUNE AVENUE in Kuala Lumpur, Kuala Lumpur recorded 11 subsale transactions in 2021, with a median price of RM 430K and a median price per square foot (PSF) of RM 372.

This area contains both residential and commercial properties. View 61 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 430K, with most transactions falling within a stable range of RM 355K to RM 507K, and a typical market range of RM 355K to RM 506K.

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

Price per square foot shows a median of RM 372, though individual units vary from RM 291 to RM 453 in the core range. The broader market spans RM 306.88 to RM 437.13, indicating diverse property characteristics. The spread of RM 130.25 (IQR) and deviation of RM 81 (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.

Area Location

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FORTUNE AVENUE, Kuala Lumpur, Kuala Lumpur

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Transactions

11 properties grouped by size

950 sqft
2 units Service Apartment
RM 445,000
969 sqft · RM 459.00 PSF
Dec 2021
RM 580,000
969 sqft · RM 599.00 PSF
Nov 2021
1,150 sqft
8 units
RM 375,000
Service Apartment
1,137 sqft · RM 330.00 PSF
Dec 2021
RM 395,000
Service Apartment
1,174 sqft · RM 336.00 PSF
Dec 2021
RM 380,000
Service Apartment
1,163 sqft · RM 327.00 PSF
Nov 2021
RM 499,000
Service Apartment
1,173 sqft · RM 425.00 PSF
Oct 2021
RM 355,000
Shop/Retail Lot
1,136 sqft · RM 313.00 PSF
Oct 2021
RM 420,000
Service Apartment
1,163 sqft · RM 361.00 PSF
Aug 2021
RM 433,000
Service Apartment
1,163 sqft · RM 372.00 PSF
Jul 2021
RM 430,000
Shop/Retail Lot
1,137 sqft · RM 378.00 PSF
Apr 2021
1,300 sqft
1 units Service Apartment
RM 600,000
1,292 sqft · RM 464.00 PSF
Aug 2021