Gurney Paragon
163d, Persiaran Gurney, 10250 George Town, Pulau Pinang, Malaysia
163d, Persiaran Gurney, 10250 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 33
|
RM3,000,000
|
RM1,233
|
2,433 sqft
|
|
|
Level 30
|
RM2,980,000
|
RM1,107
|
2,691 sqft
|
|
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Gurney Paragon
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM3,000,000
RM1,107 psfMedian transaction price
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163d, Persiaran Gurney, 10250 George Town, Pulau Pinang, Malaysia
MapsGurney 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.