Macallum, Georgetown

Macallum is a leasehold landed housing estate (with some low-cost flats) located in Georgetown, Penang. It comprises Harbour Trade Centre, Kompleks Pulau Mutiara, Pangsapuri PDC, Pangsapuri Pelangi and Pangsapuri Sri Saujana. The built-up available at this project is 646 sf to 700 sf for flats.

Property Type
Landed & Low-Cost Flat
Land Tenure
Leasehold
Built-up
646 sf - 700 sf (Flat)
Market Price
RM220,000 - RM240,000 (Flat)
Density
-NA-
Completed In
-NA-
Developer
-NA-
Launch Price
-NA-

This landed housing estate (with some low-cost flats) has some amenities nearby, i.e. schools and hospitals. The following are some of the main schools here:

The current market prices for Macallum are from RM220,000 to RM240,000 (about RM340 psf) for flats; while the monthly rentals are from RM900 (about RM1.40 psf) for flats. The highest median price psf ever recorded was RM633 psf in Q2 2019 (House) and RM364 psf in Q3 2015 (Flat); while the lowest one was RM388 psf in Q1 2019 (House) and RM139 psf in Q2 2009 (Flat).

The current rental yield of Macallum is 4.59% for flats. The highest rental yield ever recorded was 7.09% in Q3 2013 (Flat); while the lowest one was 3.91% in Q4 2015 (Flat). Meanwhile, the most common unit layouts and sizes available here are as follows:

Low-Cost Flat Layouts

Meanwhile, the most popular layout and size combination at Macallum for flats is 3-bedroom / 650 sf with a median price of RM340 psf. For price wise, the most expensive one is 3-bedroom / 700 sf with a median price of RM340 psf; while the cheapest one is 3-bedroom / 646 sf with a median price of RM340 psf.

Latest Macallum for sale listings:

DateTypeBuilt-upPrice
23-Jun-19Low-Cost Flat650 sfRM250,000
23-Jun-19Low-Cost Flat646 sfRM195,000
23-Jun-19Low-Cost Flat640 sfRM258,000
22-Jun-19Low-Cost Flat550 sfRM160,000
22-Jun-19Low-Cost Flat650 sfRM230,000
22-Jun-19Low-Cost Flat650 sfRM182,000
21-Jun-19Low-Cost Flat875 sfRM328,000
13-Jun-19Low-Cost Flat650 sfRM200,000
13-Jun-19Low-Cost Flat680 sfRM245,000
13-Jun-19Condominium650 sfRM220,000

Latest Macallum for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM420
14-Jun-19Low-Cost Flat650 sfRM1,000
12-Jun-19Room In Apartment-NA-RM400
10-Jun-19Room In Apartment-NA-RM420
10-Jun-19Shop-Office2,860 sfRM4,000
09-Jun-19Retail540 sfRM2,300
08-Jun-19Condominium700 sfRM1,000
07-Jun-19Low-Cost Flat680 sfRM950
02-Jun-19Room In Apartment-NA-RM260
02-Jun-19Room In Apartment-NA-RM330

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