22 Macalisterz @ Georgetown

22 Macalisterz, is an upcoming Luxury Hote Residence Project located along Jalan Macalister, Penang Also know as “Tiong Lor”(In Hokkien) for Penangites, it served as a main epicenter road for Georgetown back at 80’s.

In the heart of George Town, strategically located on a 1.1 acres land at the intersection of Macalister Road and Anson Road, currently occupied by Eco World Gallery. This development will see the refurbishment of the existing heritage building and to be re-purposed for commercial use. The Eco-World Gallery will be demolished for the construction of 36-storey skyscraper, featuring 418 units of luxury service apartments with roof top facilities.

Developer Background:

Developer group has won many of building design award since humble beginning, back when they started to build Novelle Industrial Park.

Why 22 Macalisterz?

Before Covid-19, Penang is massively flooded with tourism industry especially tourists from Local Malaysian, and Foreigner especially China and Indonesia(for Medical Hospital Industry). Macalister Georgetown is consider Grade A location for Short Term Rent, Developer intend to setup a new benchmark in either Building design, furnishing, hospitality, rating etc etc in the most sought tourist spot in Penang.

1. Excellence choice of investment in Georgetown Penang
2. Ideal Location for Medical/Health Tourism
3. Better capital appreciation for freehold property in Central Business District Zone (CBD)
4. Hospitality friendly (Airbnb), office space, business hub & Residential
5. All Major shopping mall within 5km distance
6. Surrounded by amenities such as Hospital, schools and colleges.
7. Reputable developer with high track record
8. Super Premium Facilities with what you see in brochure is what you get 99% in actual, and with Roof top swimming pool overseeing the whole Island.
9. An affordable pricing (median price in Penang Island for Non-affordable housing is RM600k) to own a piece of real estate in center of Penang.
10. Strategic location for Short Term Rent that able to yield +ve ROI.

Property Overview:

Project Name : 22 @ Macalisterz
Location : Macalister Road, Georgetown, Penang
Property Type : Commercial under HDA
Total Units : 418 units
Built-up Area: 340sqft, 497 sqft
Land Tenure: Freehold
Indicative Price : RM491k
Developer :

Expected Completion: Q3 2025.