BEACON EXECUTIVE SUITES
Residential Market
Median Price
RM 716,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 790,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
SOHO/SOFO/SOVO
31 properties
Median Price
RM 750,000
+6.4% CAGR
Median PSF
RM 829.00
+5.8% CAGR
Service Apartment
28 properties
Median Price
RM 753,500
-1.7% CAGR
Median PSF
RM 819.75
-2.1% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
SOHO/SOFO/SOVO | 31 |
RM 750,000
±40K MAD
|
+6.39% |
RM 829.00
±25 MAD
|
+5.76% | |
Service Apartment | 28 |
RM 753,500
±20K MAD
|
-1.74% |
RM 819.75
±19 MAD
|
-2.06% |
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.
Filter by type, year, price, and size
Transactions
22 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 600,000
|
RM 664.00
|
904 sqft
|
Dec 2023
|
Service Apartment | |
RM 728,000
|
RM 805.00
|
904 sqft
|
Nov 2023
|
Service Apartment | |
RM 714,000
|
RM 790.00
|
904 sqft
|
Oct 2023
|
Service Apartment | |
RM 660,000
|
RM 730.00
|
904 sqft
|
Sep 2023
|
Service Apartment | |
RM 750,000
|
RM 829.00
|
904 sqft
|
Jul 2023
|
Service Apartment | |
RM 719,000
|
RM 795.00
|
904 sqft
|
Jun 2023
|
Service Apartment |
RM 661,000
|
RM 714.00
|
926 sqft
|
Dec 2023
|
Service Apartment | |
RM 706,000
|
RM 763.00
|
926 sqft
|
Nov 2023
|
Service Apartment | |
RM 680,000
|
RM 735.00
|
926 sqft
|
Oct 2023
|
Service Apartment | |
RM 705,000
|
RM 762.00
|
926 sqft
|
Aug 2023
|
Service Apartment | |
RM 638,000
|
RM 689.00
|
926 sqft
|
Jun 2023
|
Service Apartment | |
RM 830,000
|
RM 897.00
|
926 sqft
|
May 2023
|
Service Apartment |