Gurney Palace
10250 George Town, Penang, Malaysia
10250 George Town, Penang, Malaysia
Selling in Gurney Palace? Homes here sold for a median of RM2,680,000.
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Gurney Palace
PSF median price per sq ft · 12m its change over the past 12 months
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Gurney Palace, 10250 George Town, Penang, Malaysia
MapsGurney Palace in Timur Laut, Penang recorded 1 subsale transactions in 2024, with a median price of RM2.68 million and a median price per square foot (PSF) of RM634.
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 RM634, with most transactions between RM634 and RM634. The usual range is RM588.54 to RM678.54, showing that most units are priced quite close to each other. With an IQR of RM90.00 and MAD of RM0, 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.