Georgetown · Subsale Market
Beacon Executive Suites Subsale — Georgetown, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Beacon Executive Suites is a completed freehold SOHO development in Georgetown, Penang, completed in 2019 by Aspen Group. It has 258 units. Subsale asking prices currently run about RM743–837 per sq ft, with the typical unit asking around RM 749K (from roughly RM 700K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-12.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 980 | RM700,000 | RM743 |
Zac’s Take
Zac Ong
Want a George Town address without a George Town price? This is one of the few honest routes to it. 2026 listings ran from about RM700,000 to RM850,000, well below the George Town median. The compromise is uniformity: every one of the 258 units is 980 sqft, so there is no choice of floor plate and at resale you are one of many identical boxes. Nothing in that price range reaches RM1,000,000, so foreign buyers are shut out here entirely — it trades among Malaysians and PRs end to end. Not for a family needing three real bedrooms, and not for a buyer who wants the feel of a residential block rather than a suites tower.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Beacon Executive Suites subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Georgetown's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Beacon Executive Suites.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Beacon Executive Suites is priced within Georgetown
At roughly RM743 psf, Beacon Executive Suites sits toward the value end of Georgetown's condo band (RM740–1810 psf). That usually reflects building age, floor level, or distance from the area's prime frontage — worth checking which, because the first two are negotiable and the third is not.
Building age
7 years
Completed 2019
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
The Beacon Executive Suites pre-purchase checklist
- 1.Remaining lease (if leasehold) — Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
- 2.Outstanding charges and caveats — Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables — Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
- 4.Exit tax position — Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms — Agree in writing what stays — air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
Beacon Executive Suites price 2026
What Beacon Executive Suites trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM700,000 – RM850,000 |
| PSF | RM743 – 837 |
| Built-up | 980 sqft |
| Completed | 2019 |
| Units | 258 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. Verified via Google SERP portal snippets Sept 2026 — PropertyGuru listings RM728K-820K, PSF RM743-837. Freehold serviced residence, 258 units, 37-storey.
The building is 7 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.
Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
Beacon Executive Suites for sale & for rent
Asking rents at Beacon Executive Suites ran from about RM3,000–4,000 a month in September–October 2026, for most suites. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Beacon Executive Suites key facts
- Developer
- Aspen Group
- Area
- Georgetown, Penang
- Type
- SOHO
- Tenure
- freehold
- Completed
- 2019
- Total units
- 258
- Asking PSF
- RM743–837
- Price from
- RM 700K
Georgetown — area snapshot
Full area guide →Georgetown is the UNESCO World Heritage City and Penang's urban core. Heritage shophouses and modern serviced suites coexist; buyer profiles range from heritage lovers to city professionals.
Price range
RM 436K – RM 2.2M
asking prices in area
Active projects
4
selling or under construction
Subsale condos
4
completed projects
Total tracked
9
properties in this area
Other projects in Georgetown
All 8 others we track here, cheapest first — 4 of them still selling.
- Scott @ LoganRM436K
- Mansion OneRM550K
- Tropicana 218 MacalisterRM580K
- 22 MacalisterzRM580K
- G'VintonRM596K
- Noordinz SuitesRM627K
- Lumina ResidenceRM1.03M
- Shorefront ResidencesRM2.18M
Beacon Executive Suites subsale — common questions
What is the price of Beacon Executive Suites?
Verified via Google SERP portal snippets Sept 2026 — PropertyGuru listings RM728K-820K, PSF RM743-837. Freehold serviced residence, 258 units, 37-storey.
Is Beacon Executive Suites freehold or leasehold?
Beacon Executive Suites is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at Beacon Executive Suites?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Beacon Executive Suites is priced above that. Other foreign buyers need RM1,000,000 for strata property on the island, which homes here do not reach. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
How much is the rent at Beacon Executive Suites?
Asking rents ran from RM3,000 to RM4,000 a month in September–October 2026, for most suites. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was Beacon Executive Suites completed?
Beacon Executive Suites was completed in 2019 by Aspen Group, so homes here are bought from existing owners.
How big are the homes at Beacon Executive Suites?
Homes range from about 980 sq ft. There are 258 homes in total.
More on the neighbourhood:
Georgetown area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.