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
RM210,000 - RM230,000 (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 RM210,000 to RM230,000 (about RM330 psf) for flats; while the monthly rentals are from RM900 to RM1,000 (about RM1.46 psf) for flats. The highest median price psf ever recorded was RM364 psf in Q3 2015 (Flat); while the lowest one was RM139 psf in Q2 2009 (Flat).

The current rental yield of Macallum is 5.71% 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 RM330 psf. For price wise, the most expensive one is 3-bedroom / 680 sf with a median price of RM340 psf; while the cheapest one is 3-bedroom / 650 sf with a median price of RM330 psf.

Latest Macallum for sale listings:

DateTypeBuilt-upPrice
18-Apr-19Low-Cost Flat650 sfRM230,000
18-Apr-19Low-Cost Flat600 sfRM160,000
17-Apr-19Low-Cost Flat650 sfRM190,000
17-Apr-19Low-Cost Flat495 sfRM175,000
17-Apr-19Low-Cost Flat650 sfRM250,000
17-Apr-19Low-Cost Flat570 sfRM160,000
17-Apr-19Low-Cost Flat495 sfRM150,000
17-Apr-19Low-Cost Flat495 sfRM150,000
16-Apr-19Low-Cost Flat570 sfRM160,000
27-Mar-19Low-Cost Flat700 sfRM200,000

Latest Macallum for rent listings:

DateTypeBuilt-upRental
13-Apr-19Room In Apartment-NA-RM350
11-Apr-19Room-NA-RM400
10-Apr-19Room In Apartment-NA-RM300
06-Apr-19Low-Cost Flat650 sfRM800
06-Apr-19Condominium646 sfRM950
05-Apr-19Room In Apartment-NA-RM350
05-Apr-19Low-Cost Flat680 sfRM950
25-Mar-19Room In Apartment-NA-RM320
23-Mar-19Room In Apartment-NA-RM400
22-Mar-19Retail510 sfRM2,300