BEACON EXECUTIVE SUITES

BEACON EXECUTIVE SUITES in Timur Laut, Penang recorded 9 subsale transactions in 2021, with a median price of RM 698K and a median price per square foot (PSF) of RM 772.

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 698K, with most transactions falling within a stable range of RM 597K to RM 959K, and a typical market range of RM 660K to RM 736K.

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

Price per square foot shows a median of RM 772, though individual units vary from RM 436 to RM 1,108 in the core range. The broader market spans RM 727.50 to RM 816.50, indicating diverse property characteristics. A wider spread (IQR: RM 89.00) and deviation (MAD: RM 336) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.