BEACON EXECUTIVE SUITES

Area Intelligence
2021
Median Price
RM 698,000
PSF: RM 772

Residential PSF Trends

Median Price

RM 798,000

PSF: RM 883

Commercial PSF Trends

Median Price

RM 698,000

RM 763 PSF

BEACON EXECUTIVE SUITES in Timur Laut, Penang recorded 9 subsale transactions in 2021, with a median price of RM 698K and a median price per square foot (PSF) of RM 772.

This area contains both residential and commercial properties. View 28 residential properties or 32 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 698K, with most transactions falling within a stable range of RM 597K to RM 959K, and a typical market range of RM 661K to RM 735K.

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

Price per square foot shows a median of RM 772, though individual units vary from RM 436 to RM 1,108 in the core range. The broader market spans RM 730.25 to RM 813.75, indicating diverse property characteristics. A wider spread (IQR: RM 83.50) and deviation (MAD: RM 336) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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BEACON EXECUTIVE SUITES, Timur Laut, Penang

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Transactions

9 transactions grouped by size

850 sqft
Service Apartment
RM 1,509,000
Level 1
829 sqft · RM 1,821 PSF
900 sqft
RM 750,000
Level 19
904 sqft · RM 829 PSF
RM 617,000
Level 24
900 sqft · RM 685 PSF
RM 597,000
Level 24
903 sqft · RM 661 PSF
RM 698,000
Level 17
904 sqft · RM 772 PSF
RM 798,000
Level 17
904 sqft · RM 883 PSF
950 sqft
RM 698,000
Level 10
926 sqft · RM 754 PSF
RM 798,000
Level 18
926 sqft · RM 862 PSF
RM 698,000
Level 16
926 sqft · RM 754 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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