GURNEY TOWER

GURNEY TOWER in Timur Laut, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 415K and a median price per square foot (PSF) of RM 640.

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 RM 415K, with most transactions falling within a stable range of RM 380K to RM 450K, and a typical market range of RM 380K to RM 451K.

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

For price per square foot, the median is RM 640, with most transactions between RM 609 and RM 671. The usual range is RM 612.50 to RM 667.50, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 31, 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.