BEACON EXECUTIVE SUITES

BEACON EXECUTIVE SUITES in Timur Laut, Penang recorded 28 Service Apartment properties subsale transactions between 2021 and 2025 for service apartment properties, with a median price of RM 743K and a median price per square foot (PSF) of RM 814.

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 743K, with most transactions falling within a stable range of RM 600K to RM 903K, and a typical market range of RM 704K to RM 781K.

Within the Service Apartment category, soho/sofo/sovo dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 814, though individual units vary from RM 609 to RM 1,019 in the core range. The broader market spans RM 769.50 to RM 858.50, indicating diverse property characteristics. A wider spread (IQR: RM 89.00) and deviation (MAD: RM 205) 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. 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.