Gurney Tower
18-10-D, Gurney Dr, 10250 George Town, Penang, Malaysia
18-10-D, Gurney Dr, 10250 George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 22
|
RM475,000
|
RM735
|
646 sqft
|
|
|
|
Level 23
|
RM480,000
|
RM731
|
657 sqft
|
|
|
|
Level 13
|
RM460,000
|
RM712
|
646 sqft
|
|
|
|
Level 13
|
RM400,000
|
RM609
|
657 sqft
|
|
|
|
Level 14
|
RM420,000
|
RM640
|
657 sqft
|
|
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Gurney Tower
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
CommercialRM460,000
RM666 psfMedian transaction price
Gurney Tower, 18-10-D, Gurney Dr, 10250 George Town, Penang, Malaysia
MapsGurney Tower in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM460K and a median price per square foot (PSF) of RM666.
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 RM460K, with most transactions falling within a stable range of RM380K to RM654K, and a typical market range of RM422K to RM498K.
Most transactions involved office lot, with minimal variety in property types.
For price per square foot, the median is RM666, with most transactions between RM621 and RM711. The usual range is RM628.84 to RM703.34, showing that most units are priced quite close to each other. With an IQR of RM74.50 and MAD of RM45, the PSF demonstrates reasonable consistency across the market.
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.