Penang
Timur Laut
Georgetown
GAT LEBUH MACALLUM

GAT LEBUH MACALLUM

Area Intelligence

Median Price

RM 620,000

PSF: RM 465

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Commercial PSF Trends

Median Price

RM 620,000

RM 465 PSF

GAT LEBUH MACALLUM in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 620K and a median price per square foot (PSF) of RM 465.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 465, with most transactions between RM 465 and RM 465. The usual range is RM 406.63 to RM 523.38, showing that most units are priced quite close to each other. With an IQR of RM 116.75 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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GAT LEBUH MACALLUM, Timur Laut, Penang

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