Penang
Timur Laut
Georgetown
BEACON EXECUTIVE SUITES

BEACON EXECUTIVE SUITES

Area Intelligence

2021

Median Price

RM 698,000

PSF: RM 772

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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 645K to RM 750K, and a typical market range of RM 661K to RM 735K.

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

For price per square foot, the median is RM 772, with most transactions between RM 716 and RM 828. The usual range is RM 730.25 to RM 813.75, showing that most units are priced quite close to each other. With an IQR of RM 83.50 and MAD of RM 56, 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.

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BEACON EXECUTIVE SUITES, Timur Laut, Penang

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Transactions

6 transactions grouped by size

Popular Ranges

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

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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

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Road	Price	Land PSF	Land	Date	Type

900 sqft

SOHO/SOFO/SOVO

900 sqft

SOHO/SOFO/SOVO

RM 750,000

Level 19

904 sqft · RM 829 PSF

Dec 2021

RM 617,000

Level 24

900 sqft · RM 685 PSF

Nov 2021

RM 597,000

Level 24

903 sqft · RM 661 PSF

Nov 2021

RM 698,000

Level 17

904 sqft · RM 772 PSF

Oct 2021

Level 19	RM 750,000	RM 829	904 sqft	Dec 2021
Level 24	RM 617,000	RM 685	900 sqft	Nov 2021
Level 24	RM 597,000	RM 661	903 sqft	Nov 2021
Level 17	RM 698,000	RM 772	904 sqft	Oct 2021