Gurney Tower

18-10-D, Gurney Dr, 10250 George Town, Penang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM460,000
PSF
RM666
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
Office
RM380,000
Level 19
570 sqft · RM666 PSF
650 sqft
Office
RM475,000
Level 22
646 sqft · RM735 PSF
RM480,000
Level 23
657 sqft · RM731 PSF
RM460,000
Level 13
646 sqft · RM712 PSF
RM400,000
Level 13
657 sqft · RM609 PSF
RM420,000
Level 14
657 sqft · RM640 PSF
1,500 sqft
Office
RM980,000
Level 17
1,507 sqft · RM650 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM460,000

RM666 psf

Median transaction price

Gurney Tower
© OpenStreetMap · CARTO

Gurney Tower, 18-10-D, Gurney Dr, 10250 George Town, Penang, Malaysia

Maps

Gurney 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.