Area Intelligence

FORTUNE AVENUE

21 properties
2022
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Median Price
RM 450,000
PSF: RM 404

Residential Market

Median Price

RM 450,000

IQR: RM 109
MAD: RM 51
RM 404 PSF 0.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,025,000

IQR: RM 528
MAD: RM 272
RM 713 PSF 38.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

FORTUNE AVENUE in Kuala Lumpur, Kuala Lumpur recorded 21 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 404.

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 450K, with most transactions falling within a stable range of RM 380K to RM 699K, and a typical market range of RM 380K to RM 526K.

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

Price per square foot shows a median of RM 404, though individual units vary from RM 258 to RM 550 in the core range. The broader market spans RM 338.88 to RM 469.13, indicating diverse property characteristics. A wider spread (IQR: RM 130.25) and deviation (MAD: RM 146) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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FORTUNE AVENUE, Kuala Lumpur, Kuala Lumpur

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Transactions

21 properties grouped by size

950 sqft
4 units Service Apartment
RM 488,000
969 sqft · RM 504.00 PSF
Sep 2022
RM 495,000
969 sqft · RM 511.00 PSF
Jul 2022
RM 520,000
969 sqft · RM 537.00 PSF
Apr 2022
RM 520,000
969 sqft · RM 537.00 PSF
Feb 2022
1,050 sqft
1 units Service Apartment
RM 450,000
1,027 sqft · RM 438.00 PSF
Jan 2022
1,150 sqft
10 units (showing 6)
RM 400,000
Service Apartment
1,163 sqft · RM 344.00 PSF
Sep 2022
RM 445,000
Service Apartment
1,163 sqft · RM 383.00 PSF
Aug 2022
RM 500,000
Service Apartment
1,163 sqft · RM 430.00 PSF
Jul 2022
RM 450,000
Service Apartment
1,163 sqft · RM 387.00 PSF
Jun 2022
RM 410,000
Service Apartment
1,163 sqft · RM 353.00 PSF
May 2022
RM 380,000
Service Apartment
1,137 sqft · RM 334.00 PSF
Mar 2022
1,200 sqft
2 units Service Apartment
RM 540,000
1,216 sqft · RM 444.00 PSF
Oct 2022
RM 620,000
1,216 sqft · RM 510.00 PSF
Feb 2022
1,250 sqft
1 units Service Apartment
RM 450,000
1,238 sqft · RM 364.00 PSF
Apr 2022
1,300 sqft
1 units Service Apartment
RM 450,000
1,302 sqft · RM 346.00 PSF
Dec 2022
1,450 sqft
1 units Service Apartment
RM 700,000
1,432 sqft · RM 489.00 PSF
May 2022
1,550 sqft
1 units Shop/Retail Lot
RM 1,600,000
1,539 sqft · RM 1,039.00 PSF
Jun 2022