Gat Lebuh Macallum

10300 George Town, Pulau Pinang, Malaysia

Property Transactions

10 subsales grouped by size

Median
RM375,000
PSF
RM683
Period
transactions middle 50% (P25–P75)
500 sqft
Shop
RM290,000
Level 1
506 sqft · RM573 PSF
RM300,000
Level G
495 sqft · RM606 PSF
RM350,000
Level G
512 sqft · RM683 PSF
RM390,000
Level G
512 sqft · RM761 PSF
RM370,000
Level G
512 sqft · RM722 PSF
RM370,000
Level G
512 sqft · RM722 PSF
RM380,000
Level G
517 sqft · RM735 PSF
600 sqft
Shop
RM380,000
Level 1
592 sqft · RM642 PSF
1,350 sqft
Shop
RM620,000
Level 1
1,335 sqft · RM465 PSF
7,950 sqft
4-Sty Shop
RM2,800,000
Lebuh Macallum
7,965 sqft · RM352 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM375,000

RM703 psf

Median transaction price

Average

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Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia

Maps

Gat Lebuh Macallum in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM375K and a median price per square foot (PSF) of RM683.

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 RM375K, with most transactions falling within a stable range of RM355K to RM395K, and a typical market range of RM359K to RM391K.

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

For price per square foot, the median is RM683, with most transactions between RM624 and RM743. The usual range is RM624.74 to RM741.49, showing that most units are priced quite close to each other. With an IQR of RM116.75 and MAD of RM60, 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.