Gurney Tower
18-10-D, Gurney Dr, 10250 George Town, Penang, Malaysia
18-10-D, Gurney Dr, 10250 George Town, Penang, Malaysia
| LIST.MY · Gurney Tower | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 19
|
RM380,000
|
RM666
|
570 sqft
|
|
Office |
|
Level 9
|
RM395,000
|
RM692
|
570 sqft
|
|
Office |
| 2023 | |||||
|
Level 17
|
RM375,000
|
RM657
|
570 sqft
|
|
Office |
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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
CommercialRM380,000
RM666 psfMedian transaction price
Gurney Tower, 18-10-D, Gurney Dr, 10250 George Town, Penang, Malaysia
MapsGurney Tower in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 525 and 574 sqft, with a median price of RM380K 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 RM380K, with most transactions falling within a stable range of RM375K to RM388K, and a typical market range of RM375K to RM395K.
Most transactions involved office lot, with minimal variety in property types.
For price per square foot, the median is RM666, with most transactions between RM651 and RM681. 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 RM15, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.