penangproperty

Georgetown · Subsale Market

Beacon Executive Suites Subsale — Georgetown, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your 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 per sq ft (from roughly RM 728K).

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy a Beacon Executive Suites subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within 3 months of SPA. No 36-month construction wait.

Verified surroundings

Georgetown's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Beacon Executive Suites.

Established maintenance

Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.

5 things to check before signing the Beacon Executive Suites SPA

  1. 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
  2. 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
  3. 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
  4. 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
  5. 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.

Beacon Executive Suites key facts

Developer
Aspen Group
Area
Georgetown, Penang
Type
SOHO
Tenure
freehold
Completed
2019
Total units
258
Asking PSF
RM743
Price from
RM 728K

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Beacon Executive Suites:

View full Beacon Executive Suites profile →

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 73KRM 2.9M

asking prices in area

Active projects

4

selling or under construction

Subsale condos

6

completed projects

Total tracked

11

properties in this area

Beacon Executive Suites subsale — common questions

Where is Beacon Executive Suites located?

Beacon Executive Suites is in Georgetown, Penang, developed by Aspen Group and completed in 2019.

Is Beacon Executive Suites freehold or leasehold?

Beacon Executive Suites is freehold.

How much is a Beacon Executive Suites unit?

Subsale asking prices at Beacon Executive Suites start from roughly RM 728K (about RM743 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.

What's the typical asking price for a Beacon Executive Suites subsale unit?

Subsale asking prices at Beacon Executive Suites vary by unit floor, view, and renovation level. The most accurate current figures come from active listings — WhatsApp Zac for the live shortlist with prices and floor plans for available units.

Is Beacon Executive Suites a good buy in the subsale market?

Beacon Executive Suites in Georgetown is a completed building, which means immediate occupancy, verifiable neighbour quality, established maintenance fees, and a known JMC track record. The case for subsale here is no construction risk and a proven location — versus paying a new-launch premium for an unbuilt unit.

What should I check before signing a subsale SPA at Beacon Executive Suites?

Five things to verify: (1) sinking fund health and any pending special assessments, (2) last 3 maintenance billings and how strict collection is, (3) JMC meeting minutes for the last 12 months, (4) common-area condition (pool, lifts, lobbies), (5) structural age of internal pipes (especially for buildings 10+ years old). Ask the listing agent to provide these as part of the offer process.

Can foreigners buy a Beacon Executive Suites subsale unit?

Yes, subject to Penang state minimums (RM 1,000,000 for stratified properties on Penang Island; RM 600,000 on the mainland) and state consent (typically 2-4 months processing). MM2H holders are treated the same as other foreign buyers for property purchase rules.

How long does a subsale purchase at Beacon Executive Suites take?

Typical timeline: 2-3 weeks from offer acceptance to SPA signing, then 3 months to completion (90-day SPA period). Faster than a new launch because no construction wait. Plan for stamp duty + legal fees (~3-4% of purchase price) at completion.

More on the neighbourhood:

Georgetown area guide — schools, transport, PSF, lifestyle scorecard →

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