Area Intelligence

BEACON EXECUTIVE SUITES

59 properties
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Median Price
RM 750,000
PSF: RM 821

Residential Market

Median Price

RM 742,500

IQR: RM 114
MAD: RM 56
RM 814 PSF 2.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 750,000

IQR: RM 50
MAD: RM 24
RM 821 PSF 5.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BEACON EXECUTIVE SUITES in Timur Laut, Penang recorded 59 subsale transactions between 2021 and 2025, with a median price of RM 750K and a median price per square foot (PSF) of RM 821.

This area contains both residential and commercial properties. View 28 residential properties or 31 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 750K, with most transactions falling within a stable range of RM 705K to RM 795K, and a typical market range of RM 712K to RM 788K.

Most transactions involved soho/sofo/sovo, though some variety exists in the market.

For price per square foot, the median is RM 821, with most transactions between RM 778 and RM 864. The usual range is RM 776.50 to RM 865.50, showing that most units are priced quite close to each other. With an IQR of RM 89.00 and MAD of RM 43, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

Area Location

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BEACON EXECUTIVE SUITES, Timur Laut, Penang

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Transactions

59 properties grouped by size

850 sqft
1 units Service Apartment
RM 1,509,000
829 sqft · RM 1,821.00 PSF
May 2021
900 sqft
31 units (showing 6)
RM 600,000
Service Apartment
904 sqft · RM 664.00 PSF
Jul 2024
RM 760,000
Service Apartment
904 sqft · RM 841.00 PSF
May 2024
RM 754,000
Service Apartment
904 sqft · RM 834.00 PSF
Apr 2024
RM 745,000
Service Apartment
904 sqft · RM 824.00 PSF
Jan 2024
RM 600,000
Service Apartment
904 sqft · RM 664.00 PSF
Dec 2023
RM 728,000
Service Apartment
904 sqft · RM 805.00 PSF
Nov 2023
950 sqft
27 units (showing 6)
RM 800,000
Service Apartment
926 sqft · RM 864.00 PSF
May 2024
RM 764,000
Service Apartment
926 sqft · RM 825.00 PSF
Feb 2024
RM 661,000
Service Apartment
926 sqft · RM 714.00 PSF
Dec 2023
RM 706,000
Service Apartment
926 sqft · RM 763.00 PSF
Nov 2023
RM 680,000
Service Apartment
926 sqft · RM 735.00 PSF
Oct 2023
RM 705,000
Service Apartment
926 sqft · RM 762.00 PSF
Aug 2023