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Macallum Street Ghaut PDC Flat
Gat Lebuh Macallum Off Lebuhraya Tun Dr. Lim Chong Eu, 10300 Georgetown, Penang
Apartment
Shop
Details:
Facilities
Car park
Property Details
From RM85,000
From RM600
Built Up
From 500 SQ. FT
Land Title
Mixed
Tenure
Leasehold
Total Blocks
8
Total Storeys
22
Total Units
NIL
Description
Macallum Street Ghaut PDC Flat is an affordable apartment development consisting of low-rise, medium-rise and high-rise blocks in Georgetown, Penang. The high rise complexes tower above the many other apartment buildings in the area. Built and completed sometime ago, the complexes are home to a large number of individuals who fall under the lower-income category.
The units at Macallum Street Ghaut PDC Flat come in a minimum size of 500 sf, whereby units for sale on the market are still below the RM100,000 mark at RM85,000. However, this minimum subsale price may well be above its original price, given the Penang property market’s soaring prices throughout the years. Rental of a unit may cost around RM600 a month.
Facilities at Macallum Street Ghaut PDC Flat are only limited to parking bays provided on the premises. However, amenities such as laundromats and convenience stores can be found in the shop-lots on the ground floor of each individual complex.
Other amenities in the vicinities of Macallum Street Ghaut PDC Flat include schools such as SRJK(C) Li Tek, a Pos Malaysia branch, and a number of eateries and mini markets. There is also an Olympia College nearby and a Public Bank located in the Harbour Trade Centre not far away.
Situated just off the Tun Dr. Lim Chong Eu Expressway, Macallum Street Ghaut PDC Flat is just minutes from the Georgetown city centre. The first Penang bridge is also within a 10 minutes’ drive away.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
-
Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Macallum Street Ghaut PDC Flat | 0 |
RM185,000
-
RM200,000
RM 284 psf - RM 400 psf |
RM650 - RM650 | NIL | 4.21 % |
| The Maritime | Feb 2014 |
RM560,000
-
RM1,100,000
RM 666 psf - RM 1,157 psf |
RM1,800 - RM1,800 | NIL | 4.55 % |
| Hexagon Tech Park | 2013 | From RM288,400 | From RM1,540 | NIL | NIL |
| Summer Place | 2011 |
RM615,000
-
RM1,150,000
RM 607 psf - RM 838 psf |
RM650 - RM650 | NIL | 2.48 % |
| Birch The Regency | 2009 |
RM445,000
-
RM750,000
RM 468 psf - RM 736 psf |
RM1,400 - RM1,400 | NIL | 4.04 % |
| Sri Saujana Apartment | 2009 |
RM110,000
-
RM260,000
RM 169 psf - RM 417 psf |
RM800 - RM800 | NIL | 7.14 % |
| Desa Pinang 2 | 2009 |
RM250,000
-
RM265,000
RM 384 psf - RM 431 psf |
RM700 - RM700 | NIL | 3.29 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | RM 494 psf |
| 500 - 1,000 SQ. FT | RM 532 psf | - | RM 645 psf |
| 1,000 - 1,500 SQ. FT | RM 638 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 490 psf
Non Landed Properties
RM 0 psf
Landed Properties
RM 722 psf
Commercial Properties
Note:
- This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
- 'Nearby distance' is based on 1 kilometre
- Average Rental Yield takes into account an estimated amount of maintenance fees
My Affordability:
| Down Payment (10%) | RM 8,500 |
| Loan Amount ( 90 %) | RM 76,500 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM
N / A
psf
(500 SQ. FT)
Total Monthly Expenses
RM 3,000 ±
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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