Area Intelligence

BEACON EXECUTIVE SUITES

31 properties
SOHO/SOFO/SOVO
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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 31 SOHO/SOFO/SOVO properties subsale transactions between 2021 and 2025 for soho/sofo/sovo properties, 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 685K to RM 815K, and a typical market range of RM 712K to RM 788K.

Within the SOHO/SOFO/SOVO category, soho/sofo/sovo dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 821, with most transactions between RM 751 and RM 891. 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 70, 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

31 properties grouped by size

900 sqft
16 units (showing 6) SOHO/SOFO/SOVO
RM 820,000
904 sqft · RM 907.00 PSF
May 2023
RM 760,000
904 sqft · RM 841.00 PSF
Dec 2022
RM 680,000
900 sqft · RM 755.00 PSF
Dec 2022
RM 830,000
904 sqft · RM 918.00 PSF
Nov 2022
RM 750,000
904 sqft · RM 829.00 PSF
Oct 2022
RM 750,000
904 sqft · RM 829.00 PSF
Sep 2022
950 sqft
15 units (showing 6) SOHO/SOFO/SOVO
RM 750,000
926 sqft · RM 810.00 PSF
May 2023
RM 820,000
926 sqft · RM 886.00 PSF
Apr 2023
RM 760,000
926 sqft · RM 821.00 PSF
Jan 2023
RM 561,000
926 sqft · RM 606.00 PSF
Dec 2022
RM 738,000
926 sqft · RM 797.00 PSF
Dec 2022
RM 760,000
926 sqft · RM 821.00 PSF
Oct 2022