Penang
Timur Laut
Georgetown
BEACON EXECUTIVE SUITES

BEACON EXECUTIVE SUITES

Area Intelligence

2023

Median Price

RM 734,000

PSF: RM 808

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Residential PSF Trends

Median Price

RM 716,500

PSF: RM 793

Commercial PSF Trends

Median Price

RM 790,000

RM 854 PSF

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 32 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 697K to RM 771K.

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 765.75 to RM 849.25, reflecting moderate variation in unit pricing. With an IQR of RM 83.50 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.

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BEACON EXECUTIVE SUITES, Timur Laut, Penang

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Transactions

22 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

900 sqft

RM 600,000

Level 21

904 sqft · RM 664 PSF

Dec 2023

RM 728,000

Level 11

904 sqft · RM 805 PSF

Nov 2023

RM 714,000

Level 27

904 sqft · RM 790 PSF

Oct 2023

RM 660,000

Level 15

904 sqft · RM 730 PSF

Sep 2023

RM 750,000

Level 25

904 sqft · RM 829 PSF

Jul 2023

RM 719,000

Level 27

904 sqft · RM 795 PSF

Jun 2023

Level 21	RM 600,000	RM 664	904 sqft	Dec 2023	Service Apartment
Level 11	RM 728,000	RM 805	904 sqft	Nov 2023	Service Apartment
Level 27	RM 714,000	RM 790	904 sqft	Oct 2023	Service Apartment
Level 15	RM 660,000	RM 730	904 sqft	Sep 2023	Service Apartment
Level 25	RM 750,000	RM 829	904 sqft	Jul 2023	Service Apartment
Level 27	RM 719,000	RM 795	904 sqft	Jun 2023	Service Apartment

View 5 more transactions

950 sqft

RM 661,000

Level 10

926 sqft · RM 714 PSF

Dec 2023

RM 706,000

Level 16

926 sqft · RM 763 PSF

Nov 2023

RM 680,000

Level 10

926 sqft · RM 735 PSF

Oct 2023

RM 705,000

Level 26

926 sqft · RM 762 PSF

Aug 2023

RM 638,000

Level 20

926 sqft · RM 689 PSF

Jun 2023

RM 750,000

Level 26

926 sqft · RM 810 PSF

May 2023

Level 10	RM 661,000	RM 714	926 sqft	Dec 2023	Service Apartment
Level 16	RM 706,000	RM 763	926 sqft	Nov 2023	Service Apartment
Level 10	RM 680,000	RM 735	926 sqft	Oct 2023	Service Apartment
Level 26	RM 705,000	RM 762	926 sqft	Aug 2023	Service Apartment
Level 20	RM 638,000	RM 689	926 sqft	Jun 2023	Service Apartment
Level 26	RM 750,000	RM 810	926 sqft	May 2023	SOHO/SOFO/SOVO