Area Intelligence

BEACON EXECUTIVE SUITES

6 properties
2024
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Median Price
RM 757,000
PSF: RM 830

Residential Market

Median Price

RM 757,000

IQR: RM 114
MAD: RM 56
RM 830 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 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.

Area Location

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BEACON EXECUTIVE SUITES, Timur Laut, Penang

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Transactions

6 properties grouped by size

900 sqft
4 units Service Apartment
RM 600,000
904 sqft · RM 664.00 PSF
Jul 2024
RM 760,000
904 sqft · RM 841.00 PSF
May 2024
RM 754,000
904 sqft · RM 834.00 PSF
Apr 2024
RM 745,000
904 sqft · RM 824.00 PSF
Jan 2024
950 sqft
2 units Service Apartment
RM 800,000
926 sqft · RM 864.00 PSF
May 2024
RM 764,000
926 sqft · RM 825.00 PSF
Feb 2024