George Town

George Town, Penang

RM 2,950,000


Baths

9

Baths

sqft

3,039

sqft

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RM 970.71

psf


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Photos

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Map View

Property details

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Shop / Office for sale
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Bare
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Freehold tenure
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Listed on 28 May 2026
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Listing ID - 501421591
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3,039 sqft floor area

About this property

Freehold Georgetown Macalister

MACALISTER GEORGETOWN - FREEHOLD

Step in, make your purchase, and transform it into the dream location for your business

The Macalister, Georgetown residential and shophouse enclave features a remarkable collection of well-preserved Straits Eclectic-style townhouses, many of which still retain their original facades and timeless architectural charm.

Strategically located, Macalister Road & Lanes, offers excellent connectivity, linking seamlessly to Penang Road and Burmah Road, placing it right at the pulse of Georgetown's city centre. This prime accessibility makes it highly convenient for both residential living and business operations.

In recent years, the street has also seen a strong resurgence of interest with gradual "coming back" of cafes, boutique stays, creative offices and lifestyle concepts.

Many heritage properties are being thoughtfully restore into businesses while preserving their rustic exterior, creating a unique blend of old-world charm and modern entrepreneurial energy,

Opportunities like this are rare with the seldom availability of three (3) adjoining units, offering strong potential for a larger-scale concept, flagship business or multi-unit investment, This configuration is highly sought after for its design flexibility, branding , visibility and long-term value. It has a strong cultural and pre-war Straits Eclectic shophouses.

Please take note that the property requires light renovation and touch-up works, offering the perfect opportunity to customize it into your ideal business space.

The selling price presents a very good entry opportunity for buyers looking to secure a property with strong future potential.

For private viewing appointment, kindly contact Sim.
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FAQs
The unit for sale in George Town, Penang is RM 2,950,000.
No.
George Town, Penang.
The estimated loan repayment amount is RM 12,675 / mo.
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