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Penang, Timur Laut, Georgetown

GURNEY TOWER

Area Intelligence
Median Price
RM 420,000
PSF: RM 650
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Commercial PSF Trends

Median Price

RM 420,000

RM 650 PSF

GURNEY TOWER in Timur Laut, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 420K and a median price per square foot (PSF) of RM 650.

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 420K, with most transactions falling within a stable range of RM 380K to RM 460K, and a typical market range of RM 384K to RM 456K.

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

For price per square foot, the median is RM 650, with most transactions between RM 609 and RM 691. The usual range is RM 620.00 to RM 680.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 41, 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.

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GURNEY TOWER, Timur Laut, Penang

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Transactions

17 transactions grouped by size

View Type

Grouped View Individual View
550 sqft
Office Lot
RM 380,000
Level 19
570 sqft · RM 666 PSF
RM 395,000
Level 9
570 sqft · RM 692 PSF
RM 375,000
Level 17
570 sqft · RM 657 PSF
650 sqft
Office Lot
RM 480,000
Level 23
657 sqft · RM 731 PSF
RM 460,000
Level 13
646 sqft · RM 712 PSF
RM 400,000
Level 13
657 sqft · RM 609 PSF
RM 420,000
Level 14
657 sqft · RM 640 PSF
RM 420,000
Level 33
657 sqft · RM 640 PSF
RM 468,000
Level 25
646 sqft · RM 725 PSF
View 6 more transactions
1,200 sqft
Office Lot
RM 764,000
Level 26
1,206 sqft · RM 634 PSF
1,500 sqft
Office Lot
RM 980,000
Level 17
1,507 sqft · RM 650 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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