Gurney Palace

10250 George Town, Penang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM2,640,000
PSF
RM634
Period
transactions middle 50% (P25–P75)
4,250 sqft
Condo
RM3,300,000
Level 30
4,230 sqft · RM780 PSF
RM2,080,000
Level 3
4,230 sqft · RM492 PSF
RM2,680,000
Level 24
4,230 sqft · RM634 PSF
RM2,600,000
Level 12
4,263 sqft · RM610 PSF
Legend Recent Highest Price Highest PSF

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Gurney Palace, 10250 George Town, Penang, Malaysia

Maps

Gurney Palace in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM2.64 million and a median price per square foot (PSF) of RM634.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM2.64 million, with most transactions falling within a stable range of RM2.34 million to RM2.94 million, and a typical market range of RM2.46 million to RM2.82 million.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM634, with core pricing between RM563 and RM705. Market pricing typically extends from RM588.54 to RM678.54, reflecting moderate variation in unit pricing. With an IQR of RM90.00 and MAD of RM71, 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.