Gat Lebuh Macallum

10300 George Town, Pulau Pinang, Malaysia

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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

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Gat Lebuh Macallum in Timur Laut, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM375K and a median price per square foot (PSF) of RM703.

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 RM703, with most transactions between RM643 and RM762. The usual range is RM644.13 to RM760.88, 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.