GURNEY TOWER

GURNEY TOWER in Timur Laut, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 408K and a median price per square foot (PSF) of RM 640.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 408K, with most transactions falling within a stable range of RM 378K to RM 438K, and a typical market range of RM 377K to RM 438K.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 640, with most transactions between RM 605 and RM 675. The usual range is RM 607.25 to RM 672.75, showing that most units are priced quite close to each other. With an IQR of RM 65.50 and MAD of RM 35, 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.