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, drawing on 30 days of PropertyGuru search activity. The development continues to draw interest in the local market as property seekers evaluate available options.
Pricing by Unit Types:- PASAR JALAN KUANTAN (310m, 3-4 mins) — Convenient stop located near the local market for quick trips around the neighbourhood.
- PUSAT KEGIATAN GURU KELAWAI (326m, 3-4 mins) — Well-placed transit link that makes the daily commute much smoother for residents.
- NASI KANDAR PELITA (336m, 4-5 mins) — Easy access to bus routes right outside a popular local dining spot.
- SJK (CINA) HU YEW SEAH (565m, 6-7 mins) — A reputable primary school within walking distance, making the morning school run very manageable for families.
- HENG-EE SCHOOL (579m, 6-7 mins) — Established educational institution providing quality learning close to home.
- HU YEW SEAH GIRLS SCHOOL (584m, 7-8 mins) — Conveniently located school option for families looking for nearby education facilities.
- HEALTH LANE FAMILY PHARMACY (344m, 4-5 mins) — Handy for picking up daily health essentials and prescriptions just a short walk away.
- MACALISTER ROAD HEALTH CLINIC (436m, 5-6 mins) — Accessible public healthcare services located directly along the main road for peace of mind.
- POLIKLINIK KOMUNITI JALAN MACALISTER (489m, 5-6 mins) — Essential community medical facility providing convenient health consultations for the family.
- METROLUX LIGHTING (331m, 3-4 mins) — Specialized retail shop nearby, perfect for homeowners looking to furnish their new space.
- BETTER GROCER (368m, 4-5 mins) — A great spot for residents to grab fresh groceries and household supplies without traveling far.
- PENANG TIMES SQUARE - BIRCH THE PLAZA (455m, 5-6 mins) — Integrated shopping and lifestyle hub offering a variety of retail and service options.
- LORONG SERATUS TAHUN CURRY MEE (66m, 1 min) — Famous local food just steps from your door, ideal for a quick and authentic Penang meal.
- TONG SUI PO (86m, 1-2 mins) — Popular dessert spot nearby for a relaxing evening treat after work.
- BAK KUT TEH JALAN MACALISTER (231m, 2-3 mins) — Traditional comfort food available within a very short walk for a hearty dinner.
- AFFIN BANK (421m, 5-6 mins) — Full-service banking facility nearby to handle all your financial transactions easily.
- PUBLIC BANK (433m, 5-6 mins) — Conveniently located branch for quick access to banking services and ATMs.
- 24 XPRESS (225m, 2-3 mins) — Round-the-clock convenience for late-night snacks or urgent household needs.
- 7-ELEVEN (300m, 3-4 mins) — Reliable 24-hour store located just down the road for everyday essentials.
- MASJID PAKISTAN HOUSE (289m, 3-4 mins) — Local place of worship within easy walking distance for the community.
- NAGARATHAR SIVAN TEMPLE (418m, 5-6 mins) — Historic temple nearby reflecting the rich cultural diversity of the Macalister area.
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: June 17, 2026