BEACON EXECUTIVE SUITES

Area Intelligence
2024
Median Price
RM 757,000
PSF: RM 830

Residential PSF Trends

Median Price

RM 757,000

PSF: RM 830

Commercial PSF Trends

Median Price

RM 750,000

RM 825 PSF

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 693K to RM 800K, 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 763 and RM 896. 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 66, 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

900 sqft
Service Apartment
RM 600,000
Level 21
904 sqft · RM 664 PSF
RM 760,000
Level 9
904 sqft · RM 841 PSF
RM 754,000
Level 19
904 sqft · RM 834 PSF
RM 745,000
Level 11
904 sqft · RM 824 PSF
950 sqft
Service Apartment
RM 800,000
Level 12
926 sqft · RM 864 PSF
RM 764,000
Level 12
926 sqft · RM 825 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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