BEACON EXECUTIVE SUITES in Timur Laut, Penang recorded 22 subsale transactions in 2022, with a median price of RM 750K and a median price per square foot (PSF) of RM 825.
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 750K, with most transactions falling within a stable range of RM 706K to RM 795K, and a typical market range of RM 713K to RM 787K.
Most transactions involved soho/sofo/sovo, though some variety exists in the market.
For price per square foot, the median is RM 825, with most transactions between RM 783 and RM 868. The usual range is RM 783.25 to RM 866.75, 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. Moderate transaction volume may require patience when buying or selling.
