Fortune Court

Farlim, 11500 Air Itam, Penang, Malaysia

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Market Snapshot

Residential

RM340,000

RM347 psf

Median transaction price

Fortune Court
© OpenStreetMap · CARTO

Fortune Court, Farlim, 11500 Air Itam, Penang, Malaysia

Maps

Fortune Court in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM385K and a median price per square foot (PSF) of RM377.

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 RM385K, with most transactions falling within a stable range of RM330K to RM440K, and a typical market range of RM216K to RM554K.

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

The median PSF stands at RM377, with core pricing between RM323 and RM431. Market pricing typically extends from RM261.25 to RM492.75, reflecting moderate variation in unit pricing. With an IQR of RM231.50 and MAD of RM54, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.