Exsim Macalister Sdn Bhd · Malaysia
22 Macalisterz @ George Town
Jalan Macalister, George Town, Penang
Bedrooms
Studio – 2 Bed
Type
Apartment
Payment Plan
Completed property; a dated (June 2022) live sales chart showed 397 of 418 units already sold at that time
Handover
Completed
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Land Tenure
Freehold
Land Size
1.1086 acres (48,290 sq ft)
Total Units
418 units, 36 storeys, ~17 units/floor
Car Parks
232 lots (incl. 5 OKU)
Maintenance Fee
RM0.80 psf, inclusive of sinking fund
Heritage Feature
Preserved colonial-era mansion integrated into the site
Unit Sizes
At a Glance
- Built around a preserved colonial-era heritage mansion on-site
- George Town UNESCO World Heritage-adjacent CBD location
- Level 36 Sky Infinity Pool with Komtar Tower and sea views
- Now operating as a bookable short-term rental via ALV Suites
- Views toward Komtar Tower, the sea, Pulau Tikus and Bukit Bendera
About this project
Lot 22, 23 & 24, Jalan Macalister, George Town is home to 22 Macalisterz — a 36-storey, 418-unit freehold tower built around and paying homage to a preserved colonial-era heritage mansion on the site. Now completed and independently corroborated as operating (bookable via hospitality partner ALV Suites on Booking.com, Expedia and Vrbo), the tower sits in George Town’s UNESCO World Heritage-adjacent CBD, with units from 340 sq ft studios to 497 sq ft 2-bedroom layouts and views toward Komtar Tower, the sea, Pulau Tikus and Bukit Bendera.
Interior, fully-furnished — click to enlarge
Amenities
Wellness & Fitness
- Sky Infinity Pool, Sky Jacuzzi & Canopy Sky Deck (Level 36)
- Kids’ Pool & Drench Deck (Level 36)
Business & Work
- Grand Entrance & Coworking Lounge (Level 1–2)
Dining & Social
- Enchanted Walk & Grill Bar (Level 11)
Investment Factors
Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.
Completed & Independently Corroborated — A Dated 2022 Sales Chart Reviewed for Context Only
The source pack’s own "avail_unit" price chart is a dated (Thursday, 9 June 2022) live sales-system export showing 397 of 418 units already unavailable at that time — reviewed for cross-checking pricing only (its few visible available Type B unit prices, ~RM714,800–718,000, closely match the developer’s own fact sheet range of RM714,800–724,000 for the same type), not used as the primary source given its age. Completion was independently corroborated via web search: the project now appears as a bookable property across Booking.com, Expedia and Vrbo under hospitality partner "22 Macalisterz by ALV" — shipped as completed. One photo in the source pack (a seafront tower cluster, captioned only as an illustration of "Penang’s rich architectural history") was NOT used as project imagery since it does not match this project’s confirmed inland George Town CBD site plan and is not specifically identified as this building.
Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.
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Location
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Map shows approximate project location. Exact site boundaries may vary.
About the Developer
Exsim Macalister Sdn Bhd
Exsim Macalister Sdn Bhd (1067862-K), a member of EXSIM Group, developed 22 Macalisterz @ George Town on Jalan Macalister — a 36-storey, 418-unit freehold tower built around a preserved colonial-era heritage mansion, in George Town’s UNESCO World Heritage-adjacent CBD. Completion independently corroborated: the project now operates as a bookable short-term-rental property via hospitality partner ALV Suites.
View all Exsim Macalister Sdn Bhd projectsFull Gallery
Starting from
MYR 492K
Completed property; a dated (June 2022) live sales chart showed 397 of 418 units already sold at that time · Handover Completed
Malaysia — Market Yield Range
4% – 9% gross p.a.
Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.
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Developer-Direct Pricing
Same price as booking through the developer — zero resale markup.
One Advisor, Start to Finish
A single point of contact from reservation through to handover — no chain of resellers.
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