Gat Lebuh Macallum
10300 George Town, Pulau Pinang, Malaysia
10300 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 290,000
|
RM 573
|
506 sqft
|
|
|
|
Level G
|
RM 300,000
|
RM 606
|
495 sqft
|
|
|
|
Level G
|
RM 350,000
|
RM 683
|
512 sqft
|
|
|
|
Level G
|
RM 390,000
|
RM 761
|
512 sqft
|
|
|
|
Level G
|
RM 370,000
|
RM 722
|
512 sqft
|
|
|
|
Level G
|
RM 370,000
|
RM 722
|
512 sqft
|
|
|
|
Level G
|
RM 380,000
|
RM 735
|
517 sqft
|
|
|
Lebuh Macallum
|
RM 2,800,000
|
RM 352
|
7,965 sqft
|
|
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Market Snapshot
CommercialRM 375,000
RM 703 psfMedian transaction price
Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
MapsGat Lebuh Macallum in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 375K and a median price per square foot (PSF) of RM 683.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 375K, with most transactions falling within a stable range of RM 355K to RM 395K, and a typical market range of RM 359K to RM 391K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 683, with most transactions between RM 624 and RM 743. The usual range is RM 624.74 to RM 741.49, showing that most units are priced quite close to each other. With an IQR of RM 116.75 and MAD of RM 60, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.