Area Intelligence

GAT LEBUH MACCALUM FLAT

4 properties
2022
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Median Price
RM 151,500
PSF: RM 189

Residential Market

Median Price

RM 151,500

IQR: RM 122
MAD: RM 63
RM 189 PSF 28.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

GAT LEBUH MACCALUM FLAT in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 152K and a median price per square foot (PSF) of RM 189.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 152K, with most transactions falling within a stable range of RM 96K to RM 207K, and a typical market range of RM 130K to RM 173K.

Most transactions involved low-cost flat, though some variety exists in the market.

Price per square foot shows a median of RM 189, though individual units vary from RM 134 to RM 244 in the core range. The broader market spans RM 128.25 to RM 249.75, indicating diverse property characteristics. A wider spread (IQR: RM 121.50) and deviation (MAD: RM 55) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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GAT LEBUH MACCALUM FLAT, Timur Laut, Penang

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Transactions

4 properties found

Flat
RM 221,000
1,163 sqft Dec 2022
RM 190.00 PSF
Low-Cost Flat
RM 85,000
452 sqft Aug 2022
RM 188.00 PSF
Low-Cost Flat
RM 190,000
603 sqft May 2022
RM 315.00 PSF
Low-Cost Flat
RM 113,000
603 sqft Mar 2022
RM 187.00 PSF