1 Commercial Property for Sale at Jalan Macalister
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Jalan Macalister offers a premier address in the heart of George Town, Penang, placing residents at the epicentre of culture, commerce, and convenience. Known to locals as 'Tiong Lor', this bustling main road is a strategic artery of the city, lined with a blend of heritage charm and modern developments, making it one of the most sought-after locations for residential and commercial properties within the UNESCO World Heritage Site's vicinity. The street is home to several notable properties, offering a range of contemporary living options: A landmark mixed-development completed in 2018 by Tropicana Corporation Berhad. This 33-storey leasehold project features luxurious serviced residences, versatile Neo Suites, and the internationally renowned Courtyard by Marriott hotel, offering a dynamic urban lifestyle. A new freehold luxury serviced residence by Exsim, set for completion around 2025. This 36-storey skyscraper will house 418 units and is designed to set a new benchmark with a modern concept that includes the refurbishment of an existing heritage building for commercial use. An exclusive, low-density freehold luxury condominium completed around 2013. It features only 28 spacious units of 5,500 sq ft, ensuring privacy and exclusivity. Living along Jalan Macalister provides exceptional access to the best of Penang. The area is a hub for public transport, located near the Komtar Bus Terminal and the Pengkalan Raja Tun Uda Bus Terminal, offering island-wide connectivity. An array of shopping malls and retail outlets are just a short distance away, catering to all your shopping needs from groceries to high-end fashion. Approx. 0.26 km away. Approx. 0.33 km away. Approx. 0.35 km away. Approx. 0.46 km away. A major landmark and shopping complex is also in close proximity. The vicinity is well-served by numerous reputable medical institutions, with several located directly on Jalan Macalister. Located at 238 Jalan Macalister. Situated at 308 Jalan Macalister. Approx. 1.1 km away. A public health clinic also located on the road. Families have access to a variety of well-regarded schools and educational institutions located directly on or near Jalan Macalister. Located at 31 Jalan Macalister. Located on Jalan Macalister. Approx. 0.22 km away.
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Recent search data shows the project remains relevant to active buyer seekers in the area, based on PropertyGuru search trends over the past 30 days. This development continues to attract buyer interest in the local market, maintaining its presence among those exploring residential options.
Pricing by Unit Types:- PASAR JALAN KUANTAN (310m, 3-4 mins) — A handy stop for residents heading towards the local market and surrounding residential areas.
- NASI KANDAR PELITA (336m, 4-5 mins) — Conveniently located near popular dining spots for easy access to the local food scene.
- SJK (CINA) HU YEW SEAH (565m, 6-7 mins) — A well-established primary school within walking distance, ideal for families with young children.
- HENG-EE SCHOOL (579m, 6-7 mins) — A reputable educational institution that serves the local community with a long-standing history.
- HU YEW SEAH KINDERGARTEN (569m, 6-7 mins) — Accessible early childhood education nearby, making the morning school run much simpler for parents.
- MACALISTER ROAD HEALTH CLINIC (436m, 5-6 mins) — Essential public health services located just a short walk away for routine medical needs.
- POLIKLINIK KOMUNITI JALAN MACALISTER (489m, 5-6 mins) — A community-focused medical facility providing accessible healthcare to residents in the immediate vicinity.
- HEALTH LANE FAMILY PHARMACY (344m, 4-5 mins) — A well-stocked pharmacy nearby for quick access to healthcare supplies and professional advice.
- PENANG TIMES SQUARE - BIRCH THE PLAZA (455m, 5-6 mins) — A major retail hub offering a variety of shopping, lifestyle services, and urban amenities.
- BETTER GROCER (368m, 4-5 mins) — A convenient spot for residents to pick up fresh groceries and daily household essentials.
- MORNING MARKET FOOD HERE (358m, 4-5 mins) — Perfect for those who enjoy the local market experience and fresh produce within a short walk.
- LORONG SERATUS TAHUN CURRY MEE (66m, 1 min) — One of Penang's most famous local delicacies is literally just steps away from home.
- TONG SUI PO (86m, 1-2 mins) — A popular spot for traditional desserts, perfect for a quick evening treat or a casual meet-up.
- BAK KUT TEH JALAN MACALISTER (231m, 2-3 mins) — Hearty local comfort food available just down the street for a satisfying meal.
Jalan Macalister demonstrates a stable pricing environment with marginal capital growth over the recent assessment period.
- PSF Appreciation: RM605.816 psf → RM608.003 psf over recent years (+0.36%) from 2023 - 2025
- PG Pulse Insight: The project maintains a positive price trajectory with a PSF appreciation of +0.36%, reflecting steady capital preservation for owners.
Published date: August 3, 2026