Gurney Plaza

07-08, Gurney Dr, 10250 George Town, Penang, Malaysia

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Gurney Plaza, 07-08, Gurney Dr, 10250 George Town, Penang, Malaysia

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Gurney Plaza in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM5.30 million and a median price per square foot (PSF) of RM492.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM5.30 million, with most transactions falling within a stable range of RM4.80 million to RM5.80 million, and a typical market range of RM5.05 million to RM5.55 million.

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

For price per square foot, the median is RM492, with most transactions between RM445 and RM539. The usual range is RM458.00 to RM526.00, showing that most units are priced quite close to each other. With an IQR of RM68.00 and MAD of RM47, 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.