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 750K to RM 785K, and a typical market range of RM 750K to RM 771K.

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

For price per square foot, the median is RM 808, with most transactions between RM 748 and RM 867. The usual range is RM 765.75 to RM 849.25, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 59, 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

10 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)

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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)

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Road	Price	Land PSF	Land	Date	Type

900 sqft

RM 750,000

Level 25

904 sqft · RM 829 PSF

Jul 2023

RM 780,000

Level 27

904 sqft · RM 863 PSF

Jun 2023

RM 820,000

Level 27

904 sqft · RM 907 PSF

May 2023

RM 826,000

Level 9

904 sqft · RM 914 PSF

Apr 2023

RM 928,000

Level 9

904 sqft · RM 1,026 PSF

Feb 2023

Level 25	RM 750,000	RM 829	904 sqft	Jul 2023	Service Apartment
Level 27	RM 780,000	RM 863	904 sqft	Jun 2023	Service Apartment
Level 27	RM 820,000	RM 907	904 sqft	May 2023	SOHO/SOFO/SOVO
Level 9	RM 826,000	RM 914	904 sqft	Apr 2023	Service Apartment
Level 9	RM 928,000	RM 1,026	904 sqft	Feb 2023	Service Apartment

950 sqft

RM 830,000

Level 27

926 sqft · RM 897 PSF

May 2023

RM 750,000

Level 26

926 sqft · RM 810 PSF

May 2023

RM 830,000

Level 22

926 sqft · RM 897 PSF

Apr 2023

RM 820,000

Level 17

926 sqft · RM 886 PSF

Apr 2023

RM 760,000

Level 26

926 sqft · RM 821 PSF

Jan 2023

Level 27	RM 830,000	RM 897	926 sqft	May 2023	Service Apartment
Level 26	RM 750,000	RM 810	926 sqft	May 2023	SOHO/SOFO/SOVO
Level 22	RM 830,000	RM 897	926 sqft	Apr 2023	Service Apartment
Level 17	RM 820,000	RM 886	926 sqft	Apr 2023	SOHO/SOFO/SOVO
Level 26	RM 760,000	RM 821	926 sqft	Jan 2023	SOHO/SOFO/SOVO