Gurney Paragon

163d, Persiaran Gurney, 10250 George Town, Pulau Pinang, Malaysia

Property Transactions

3 subsales found

Median
RM3,000,000
PSF
RM1,107
Price Size
Period
transactions middle 50% (P25–P75)
RM3,000,000
Level 33
2,433 sqft RM1,233 PSF
RM2,980,000
Level 30
2,691 sqft RM1,107 PSF
RM5,500,000
Level 41
7,502 sqft RM733 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM3,000,000

RM1,107 psf

Median transaction price

Low

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Gurney Paragon
© OpenStreetMap · CARTO

163d, Persiaran Gurney, 10250 George Town, Pulau Pinang, Malaysia

Maps

Gurney Paragon in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM3.00 million and a median price per square foot (PSF) of RM1,107.

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 RM3.00 million, with most transactions falling within a stable range of RM2.98 million to RM4.18 million, and a typical market range of RM2.98 million to RM3.40 million.

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

The median PSF stands at RM1,107, with core pricing between RM895 and RM1,320. Market pricing typically extends from RM1,017.65 to RM1,197.15, reflecting moderate variation in unit pricing. The spread of RM179.50 (IQR) and deviation of RM212 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.