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
646 sf - 700 sf (Flat)
Market Price
RM220,000 - RM240,000 (Flat)
Completed In
Launch Price

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 RM800 to RM900 (about RM1.25 psf) for flats. The highest median price psf ever recorded was RM633 psf in Q2 2019 (House), RM364 psf in Q3 2015 (Flat) and RM873 psf in Q3 2019 (Shop-Office); while the lowest one was RM388 psf in Q1 2019 (House), RM139 psf in Q3 2009 (Flat) and RM873 psf in Q2 2019 (Shop-Office).

The current rental yield of Macallum is 4.32% 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:

11-Aug-19Low-Cost Flat650 sfRM185,000
11-Aug-19Low-Cost Flat650 sfRM230,000
11-Aug-19Low-Cost Flat650 sfRM235,000
11-Aug-19Low-Cost Flat646 sfRM238,000
11-Aug-19Low-Cost Flat646 sfRM239,000
11-Aug-19Low-Cost Flat650 sfRM225,000
11-Aug-19Low-Cost Flat630 sfRM275,000
11-Aug-19Low-Cost Flat646 sfRM190,000
11-Aug-19Low-Cost Flat646 sfRM185,000
11-Aug-19Low-Cost Flat646 sfRM199,000

Latest Macallum for rent listings:

16-Aug-19Room In Apartment-NA-RM500
15-Aug-19Room In Apartment-NA-RM330
07-Aug-19Room In Apartment-NA-RM450
02-Aug-19Office2,336 sfRM2,300
01-Aug-19Low-Cost Flat680 sfRM700
31-Jul-19Condominium700 sfRM700
30-Jul-19Low-Cost Flat680 sfRM750
30-Jul-19Low-Cost Flat600 sfRM850
29-Jul-19Condominium680 sfRM700
29-Jul-19Low-Cost Flat600 sfRM600

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