Gat Lebuh Macallum
10300 George Town, Pulau Pinang, Malaysia
10300 George Town, Pulau Pinang, Malaysia
| LIST.MY · Gat Lebuh Macallum | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 1
|
RM290,000
|
RM573
|
506 sqft
|
|
Shop |
| 2023 | |||||
|
Level G
|
RM300,000
|
RM606
|
495 sqft
|
|
Shop |
|
Level G
|
RM350,000
|
RM683
|
512 sqft
|
|
Shop |
|
Level G
|
RM390,000
|
RM761
|
512 sqft
|
|
Shop |
|
Level G
|
RM370,000
|
RM722
|
512 sqft
|
|
Shop |
| 2022 | |||||
|
Level G
|
RM370,000
|
RM722
|
512 sqft
|
|
Shop |
|
Level G
|
RM380,000
|
RM735
|
517 sqft
|
|
Shop |
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Gat Lebuh Macallum
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
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Market Snapshot
CommercialRM370,000
RM722 psfMedian transaction price
Does GAT LEBUH MACALLUM rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
MapsGat Lebuh Macallum in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 475 and 524 sqft, with a median price of RM370K and a median price per square foot (PSF) of RM722.
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 RM370K, with most transactions falling within a stable range of RM333K to RM390K, and a typical market range of RM354K to RM386K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM722, with most transactions between RM657 and RM787. The usual range is RM663.78 to RM780.53, showing that most units are priced quite close to each other. With an IQR of RM116.75 and MAD of RM65, 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.