Georgetown Β· Subsale Market
22 Macalisterz Subsale β Georgetown, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
22 Macalisterz is a completed freehold condominium in Georgetown, Penang, completed in 2025 by Exsim Group. It has 418 units. Subsale asking prices currently run about RM1408β1706 per sq ft, with the typical unit asking around RM 720K (from roughly RM 580K). Note: it sits on commercial title, so utilities may be billed at commercial rates.
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-08-01.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 340β497 | RM580,000 | RM1,408 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a 22 Macalisterz subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Georgetown's noise levels, traffic, neighbour mix, and JMC quality are known quantities at 22 Macalisterz.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How 22 Macalisterz is priced within Georgetown
At roughly RM1408 psf, 22 Macalisterz prices toward the upper end of Georgetown's condo band (RM764β1507 psf). Expect to justify that with something concrete: sea view, low density, branded management, or a genuinely superior position within the area.
Area gross yield
~4%
Typical for Georgetown condos
Building age
1 years
Completed 2025
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
Before you sign at 22 Macalisterz β the commercial-title checks
- 1.Utility tariff in practice β Commercial title usually means commercial TNB and water rates. Ask current owners what they actually pay monthly, not what the brochure implies.
- 2.Financing margin β Some banks cap loan-to-value lower on commercial-title residential units. Get an in-principle approval before you pay a booking fee.
- 3.Short-stay house rules β Serviced-apartment does not automatically mean Airbnb is allowed. Read the current house rules β management can and does restrict short-stay letting.
- 4.Resale buyer pool β Commercial title narrows who can buy from you later. Make sure the entry price reflects that, not just the location.
- 5.Maintenance rate per sq ft β Compare the psf maintenance charge against nearby residential-title blocks. On big units the annual gap is meaningful.
22 Macalisterz price 2026
What 22 Macalisterz trades at on the sub-sale market, last checked 2026-08-01.
| Asking from | RM580,000 β RM750,000 |
| PSF | RM1408 β 1706 |
| Built-up | 340 β 497 sqft |
| Completed | 2025 |
| Units | 418 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
The building is 1 year old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β and if you are near the five-to-six-year line, the date matters more than the price.
22 Macalisterz for sale & for rent
Looking to buy or rent a unit in 22 Macalisterz? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
22 Macalisterz key facts
- Developer
- Exsim Group
- Area
- Georgetown, Penang
- Type
- serviced apartment
- Tenure
- freehold Β· commercial
- Completed
- 2025
- Total units
- 418
- Asking PSF
- RM1408β1706
- Price from
- RM 580K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on 22 Macalisterz:
View full 22 Macalisterz profile βGeorgetown β area snapshot
Full area guide βGeorgetown is the UNESCO World Heritage City and Penang's urban core. Heritage shophouses and modern serviced suites coexist; buyer profiles range from heritage lovers to city professionals.
Price range
RM 436K β RM 2.8M
asking prices in area
Active projects
4
selling or under construction
Subsale condos
4
completed projects
Total tracked
9
properties in this area
Other projects in Georgetown
All 8 others we track here, cheapest first β 4 of them still selling.
- Scott @ LoganRM436K
- Ladison ResidenceRM500K
- Tropicana 218 MacalisterRM580K
- G'VintonRM596K
- Noordinz SuitesRM683K
- Beacon Executive SuitesRM730K
- Lumina ResidenceRM1.03M
- Shorefront ResidencesRM2.75M
22 Macalisterz subsale β common questions
What is the price of 22 Macalisterz?
22 Macalisterz runs RM580,000 to RM750,000. These are verified sub-sale asking prices, not transacted figures β expect movement between the two. That works out to about RM1,408β1,706 per square foot. Checked 2026-08-01.
Is 22 Macalisterz freehold or leasehold?
22 Macalisterz is freehold, on a commercial title. Those are two separate facts and only the first usually appears in marketing. A commercial title means commercial utility and assessment tariffs, and a tighter loan margin at most banks.
Can a foreigner buy at 22 Macalisterz?
Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so 22 Macalisterz is open to Malaysian and PR buyers only.
When was 22 Macalisterz completed?
22 Macalisterz completed in 2025, developed by Exsim Group. Units here trade sub-sale.
How big are the units at 22 Macalisterz?
Built-ups run 340 to 497 sq ft. There are 418 units in total.
Is 22 Macalisterz good for short-stay?
It was built for rental/short-stay, on a prime central road β but short-stay is governed by the building rules; confirm the current stance with Zac.
More on the neighbourhood:
Georgetown area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.