Area Intelligence

WISMA FORTUNE HEIGHTS

1 properties
2023
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Median Price
RM 1,600,000
PSF: RM 630

Commercial Market

Median Price

RM 1,600,000

IQR: RM 125
MAD: RM 125
RM 630 PSF 65.8%

PSF Trends (2021-2025)

WISMA FORTUNE HEIGHTS in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 630.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 630, with most transactions between RM 630 and RM 630. The usual range is RM 567.50 to RM 692.50, showing that most units are priced quite close to each other. With an IQR of RM 125.00 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. 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

1 properties grouped by size

2,550 sqft
1 units Office Lot
RM 1,600,000
2,540 sqft · RM 630.00 PSF
Aug 2023