Kawasan Jalan Macalister

Jln Macalister, George Town, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM1,900,000
PSF
RM1,511
Period
transactions middle 50% (P25–P75)
1,300 sqft
2-Sty Shop
RM2,000,000
Jalan Burma
1,324 sqft · RM1,511 PSF
1,400 sqft
2-Sty Shop
RM2,200,000
Lorong Kinta
1,378 sqft · RM1,597 PSF
1,950 sqft
Office
RM300,000
Level 2
1,948 sqft · RM154 PSF
3,900 sqft
3-Sty Shop
RM1,800,000
Madras Lane
3,886 sqft · RM463 PSF
Legend Recent Highest Price Highest PSF

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Kawasan Jalan Macalister
© OpenStreetMap · CARTO

Jln Macalister, George Town, Pulau Pinang, Malaysia

Maps

Kawasan Jalan Macalister in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM1.90 million and a median price per square foot (PSF) of RM1,511.

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 RM1.90 million, with most transactions falling within a stable range of RM1.70 million to RM2.10 million, and a typical market range of RM1.59 million to RM2.20 million.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM1,511, though individual units vary from RM1,143 to RM1,880 in the core range. The broader market spans RM1,231.63 to RM1,790.38, indicating diverse property characteristics. The spread of RM558.75 (IQR) and deviation of RM369 (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.