BEACON EXECUTIVE SUITES
Residential Market
Median Price
RM 757,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 750,000
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 6 subsale transactions in 2024, with a median price of RM 757K and a median price per square foot (PSF) of RM 830.
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 757K, with most transactions falling within a stable range of RM 693K to RM 800K, and a typical market range of RM 719K to RM 795K.
Most transactions involved soho/sofo/sovo, though some variety exists in the market.
For price per square foot, the median is RM 830, with most transactions between RM 763 and RM 896. The usual range is RM 785.00 to RM 874.00, showing that most units are priced quite close to each other. With an IQR of RM 89.00 and MAD of RM 66, 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. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
6 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 600,000
|
RM 664.00
|
904 sqft
|
Jul 2024
|
||
RM 760,000
|
RM 841.00
|
904 sqft
|
May 2024
|
||
RM 754,000
|
RM 834.00
|
904 sqft
|
Apr 2024
|
||
RM 745,000
|
RM 824.00
|
904 sqft
|
Jan 2024
|
RM 800,000
|
RM 864.00
|
926 sqft
|
May 2024
|
||
RM 764,000
|
RM 825.00
|
926 sqft
|
Feb 2024
|