Area Intelligence

GAT LEBUH MACCALUM FLAT

5 properties
2023
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Median Price
RM 170,000
PSF: RM 298

Residential Market

Median Price

RM 170,000

IQR: RM 122
MAD: RM 63
RM 298 PSF 28.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

GAT LEBUH MACCALUM FLAT in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 170K and a median price per square foot (PSF) of RM 298.

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 170K, with most transactions falling within a stable range of RM 145K to RM 206K, and a typical market range of RM 149K to RM 191K.

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

The median PSF stands at RM 298, with core pricing between RM 244 and RM 352. Market pricing typically extends from RM 237.25 to RM 358.75, reflecting moderate variation in unit pricing. The spread of RM 121.50 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. 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

5 properties grouped by size

500 sqft
2 units Flat
RM 167,000
517 sqft · RM 323.00 PSF
Jun 2023
RM 183,000
517 sqft · RM 354.00 PSF
Jan 2023
600 sqft
1 units Low-Cost Flat
RM 145,000
592 sqft · RM 245.00 PSF
Dec 2023
850 sqft
2 units Low-Cost Flat
RM 170,000
829 sqft · RM 205.00 PSF
Nov 2023
RM 250,000
840 sqft · RM 298.00 PSF
May 2023