Area Intelligence

11. GURNEY DRIVE

1 properties
2022
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Median Price
RM 2,950,000
PSF: RM 843

Residential Market

Median Price

RM 2,950,000

IQR: RM 130
MAD: RM 53
RM 843 PSF 5.5%

PSF Trends (2021-2025)

11. GURNEY DRIVE in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 2.95 million and a median price per square foot (PSF) of RM 843.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 843, with most transactions between RM 843 and RM 843. The usual range is RM 778.00 to RM 908.00, showing that most units are priced quite close to each other. With an IQR of RM 130.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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11. GURNEY DRIVE, Timur Laut, Penang

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Transactions

1 properties grouped by size

3,500 sqft
1 units Condo/Apartment
RM 2,950,000
3,498 sqft · RM 843.00 PSF
Jan 2022