Area Intelligence

WISMA FORTUNE HEIGHTS

2 properties
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Median Price
RM 990,000
PSF: RM 505

Commercial Market

Median Price

RM 990,000

IQR: RM 125
MAD: RM 125
RM 505 PSF 65.8%

PSF Trends (2021-2025)

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.

Area Location

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WISMA FORTUNE HEIGHTS, Timur Laut, Penang

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Transactions

2 properties grouped by size

1,000 sqft
1 units Office Lot
RM 380,000
1,001 sqft · RM 380.00 PSF
Jun 2022
2,550 sqft
1 units Office Lot
RM 1,600,000
2,540 sqft · RM 630.00 PSF
Aug 2023