Gurney Tower

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

Property Transactions

4 subsales grouped by size

Median
RM477,500
PSF
RM722
Price Size
Period
transactions middle 50% (P25–P75)
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
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

RM477,500

RM722 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 4 subsale transactions between 2021 and 2026, with a median price of RM478K and a median price per square foot (PSF) of RM722.

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 RM478K, with most transactions falling within a stable range of RM460K to RM698K, and a typical market range of RM460K to RM516K.

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

For price per square foot, the median is RM722, with most transactions between RM688 and RM756. The usual range is RM684.40 to RM758.90, showing that most units are priced quite close to each other. With an IQR of RM74.50 and MAD of RM34, 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.