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 32 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 713K to RM 802K, and a typical market range of RM 720K to RM 794K.
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 787 and RM 872. The usual range is RM 787.75 to RM 871.25, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 43, 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.
