Gat Lebuh Macallum
10300 George Town, Pulau Pinang, Malaysia
10300 George Town, Pulau Pinang, Malaysia
Selling in Gat Lebuh Macallum? Homes here sold for a median of RM455,000.
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Gat Lebuh Macallum
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM455,000
RM519 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.
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Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
MapsGat Lebuh Macallum in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM455K and a median price per square foot (PSF) of RM519.
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 RM455K, with most transactions falling within a stable range of RM290K to RM620K, and a typical market range of RM439K to RM471K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
The median PSF stands at RM519, with core pricing between RM465 and RM573. Market pricing typically extends from RM460.51 to RM577.26, reflecting moderate variation in unit pricing. With an IQR of RM116.75 and MAD of RM54, 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.