Area Intelligence

BEACON EXECUTIVE SUITES

22 properties
2023
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Median Price
RM 734,000
PSF: RM 808

Residential Market

Median Price

RM 716,500

IQR: RM 114
MAD: RM 56
RM 793 PSF 2.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 790,000

IQR: RM 50
MAD: RM 24
RM 854 PSF 5.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BEACON EXECUTIVE SUITES in Timur Laut, Penang recorded 22 subsale transactions in 2023, with a median price of RM 734K and a median price per square foot (PSF) of RM 808.

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 734K, with most transactions falling within a stable range of RM 658K to RM 810K, and a typical market range of RM 696K to RM 772K.

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

The median PSF stands at RM 808, with core pricing between RM 722 and RM 893. Market pricing typically extends from RM 763.00 to RM 852.00, reflecting moderate variation in unit pricing. With an IQR of RM 89.00 and MAD of RM 86, 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

22 properties grouped by size

900 sqft
11 units (showing 6)
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
RM 714,000
Service Apartment
904 sqft · RM 790.00 PSF
Oct 2023
RM 660,000
Service Apartment
904 sqft · RM 730.00 PSF
Sep 2023
RM 750,000
Service Apartment
904 sqft · RM 829.00 PSF
Jul 2023
RM 719,000
Service Apartment
904 sqft · RM 795.00 PSF
Jun 2023
950 sqft
11 units (showing 6)
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
RM 638,000
Service Apartment
926 sqft · RM 689.00 PSF
Jun 2023
RM 830,000
Service Apartment
926 sqft · RM 897.00 PSF
May 2023