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For Sale

Prewar Heritage at Lebuh Macallum

Georgetown, Penang

RM 1,600,000

Property Type

Terrace double storey

Listing Type

Sale

Property ID

20230607225930

Location

Georgetown, Penang

Listed By

Name: Jas Ang

REN: 1284267-A

Agency: THE ROOF REALTY (E(3)1462)

Specifications

Tenure

Freehold

Land Area

2145

Built Up Area

2011

Bumiputera Lot

Bedrooms

Bathrooms

New Launch Units

Auction Date

07-06-2023 22-52

Auction Number

Title Type

Individual

Land Title Type

Residential

Description

A double-storey heritage shophouse nestled on Macallum Street in Penang George Town is now available for sale. Macallum Street is the fifth street in the Seven Streets Precinct of George Town, as counted from the Prangin Canal.

Features a long entryway that accommodates up to 3 cars within its perimeter fencing which is a rare find for heritage shophouses. The land is rectangular in shape with 16ft. width and 134ft. length, totalling 2,145sq.ft. and has a built-up space of 2,011sq.ft.

Macallum Street (Lebuh Macallum) is presently a one-way street running from Jalan Gurdwara to the intersection with Jalan C.Y. Choy, where an extension called Gat Lebuh Macallum continues eastweard. It also forms an intersection with Lebuh Mcnair

Freehold tenure. Refurbishment is recommended.

Asking Selling Price RM1,600,000 negotiable

Please Contact JAS ANG 012-4081848 for More information

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Loan & Insurance Calculator

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Rates: Bank Negara Malaysia (indicative effective lending rate), refreshed daily. Tap a bank to apply its rate.

Property Price (RM)

Down Payment 10%

Interest Rate (%)

Tenure (Years)

Buyer Age (for MRTA / MLTA)

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MRTA vs MLTA Comparison

Indicative estimates - actual premiums depend on insurer, health & plan

	MRTA	MLTA
Estimated Premium	-	-
Payment	One-off (usually financed into loan)	Monthly / yearly premium
Coverage	Reducing - follows loan balance	Level - fixed sum assured
Beneficiary	Bank (settles the loan)	Family (loan settled, balance to family)
Cash Value	None / minimal	Yes - may have cash value
Transferable	Tied to this loan	Portable to next property

All figures are estimates for reference only and do not constitute financial advice. Loan approval, interest rates and insurance premiums vary by bank, insurer, age, health condition and coverage chosen. Please consult your banker or licensed financial adviser for exact quotations.