Gurney Palace in Timur Laut, Penang recorded 0 subsale transactions in 2026, 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 RM2.34 million to RM2.94 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 RM551 and RM693. Market pricing typically extends from RM577.00 to RM667.00, reflecting moderate variation in unit pricing. With an IQR of RM90.00 and MAD of RM71, 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.