Macallum, Georgetown

Macallum is a leasehold landed housing estate (with some low-cost flats) that is located in Georgetown, Penang Island. It comprises Harbour Trade Centre, Kompleks Pulau Mutiara, Macallum Central, Pangsapuri PDC, Pangsapuri Pelangi and Pangsapuri Sri Saujana.

The built-up available in this housing estate is 512 sf to 680 sf for flats, 850 sf for offices and 710 sf to 2,176 sf for shop-offices. Other neighbouring developments nearby are Taman Abidin, Taman Free School, Taman Han Chiang, Taman Kampar, Taman Koperasi and Taman Medan Penaga.

Property Type
Landed & Low-Cost Flat
Land Tenure
Leasehold
Built-up
512 sf - 680 sf (Flat)
850 sf (Office)
710 sf - 2,176 sf (Shop-Office)
Market Price
RM160,000 - RM270,000 (Flat)
RM290,000 (Office)
RM110,000 - RM1,850,000 (Shop-Office)
Total Units
-NA-
Completion Date
-NA-
Developer
-NA-
Launch Price
-NA-

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

The current rental yield of Macallum is 4.6% for flats. The highest rental yield ever recorded was 6.0% in Q2 2017 (flat); while the lowest one was 3.65% in Q4 2017 (flat). Meanwhile, the most common unit layouts and sizes available here are as follows:

Flat Layouts

Meanwhile, the most popular layout and size (built-up) combination at macallum for flats is 3-bedroom / 650 sf with a median price of rm380 psf. For price wise, the most expensive one is 4-bedroom / 680 sf with a median price of RM390 psf; while the cheapest one is Studio / 570 sf with a median price of RM290 psf.

Office Layouts

Meanwhile, the most popular layout and size (built-up) combination at macallum for offices is 850 sf with a median price of rm340 psf. For price wise, the most expensive one is 850 sf with a median price of RM340 psf; while the cheapest one is 850 sf with a median price of RM340 psf.

Shop-Office Layouts

Lastly, the most popular layout and size (built-up) combination at macallum for shop-offices is 2,176 sf with a median price of rm850 psf. For price wise, the most expensive one is 2,176 sf with a median price of RM850 psf; while the cheapest one is 710 sf with a median price of RM150 psf.

Latest Macallum sale listings:

DateProperty TypeBuilt-upPrice
19 Apr 2024Low-Cost Flat650 sfRM200,000
19 Apr 2024Low-Cost Flat580 sfRM195,000
18 Apr 2024Low-Cost Flat550 sfRM175,000
18 Apr 2024Low-Cost Flat570 sfRM230,000
17 Apr 2024Low-Cost Flat650 sfRM260,000
16 Apr 2024Low-Cost Flat650 sfRM260,000
16 Apr 2024Low-Cost Flat650 sfRM230,000
16 Apr 2024Low-Cost Flat650 sfRM265,000
13 Apr 2024Low-Cost Flat550 sfRM195,000
10 Apr 2024Low-Cost Flat550 sfRM195,000

Latest Macallum rental listings:

DateProperty TypeBuilt-upRental
TodayMaster Room-NA-RM430
9 Apr 2024Single Room-NA-RM100
19 Apr 2024Apartment Room-NA-RM450
19 Apr 2024Apartment Room-NA-RM450
19 Apr 2024Apartment Room-NA-RM450
18 Apr 2024Low-Cost Flat700 sfRM900
18 Apr 2024Low-Cost Flat600 sfRM800
18 Apr 2024Low-Cost Flat650 sfRM700
18 Apr 2024Low-Cost Flat650 sfRM800
17 Apr 2024Condominium1,100 sfRM2,800
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