Gurney Palace
10250 George Town, Penang, Malaysia
10250 George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 30
|
RM3,300,000
|
RM780
|
4,230 sqft
|
|
|
|
Level 3
|
RM2,080,000
|
RM492
|
4,230 sqft
|
|
|
|
Level 24
|
RM2,680,000
|
RM634
|
4,230 sqft
|
|
|
|
Level 12
|
RM2,600,000
|
RM610
|
4,263 sqft
|
|
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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 4 subsale transactions between 2021 and 2026, sized between 4,225 and 4,274 sqft, with a median price of RM2.64 million and a median price per square foot (PSF) of RM622.
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 RM2.64 million, with most transactions falling within a stable range of RM2.21 million to RM3.07 million, and a typical market range of RM2.46 million to RM2.82 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM622, with core pricing between RM519 and RM724. Market pricing typically extends from RM576.75 to RM666.75, reflecting moderate variation in unit pricing. The spread of RM90.00 (IQR) and deviation of RM103 (MAD) suggest moderate price variations reflecting different property features.
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.