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
|
|
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Market Snapshot
CommercialRM 360,000
RM 645 psfMedian transaction price
Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
MapsGat Lebuh Macallum in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 360K and a median price per square foot (PSF) of RM 645.
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 360K, with most transactions falling within a stable range of RM 290K to RM 470K, and a typical market range of RM 344K to RM 376K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
The median PSF stands at RM 645, with core pricing between RM 545 and RM 744. Market pricing typically extends from RM 586.13 to RM 702.88, reflecting moderate variation in unit pricing. The spread of RM 116.75 (IQR) and deviation of RM 100 (MAD) suggest moderate price variations reflecting different property features.
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.