Gurney Tower

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

Property Transactions

18 subsales grouped by size

Median
RM420,000
PSF
RM657
Period
transactions middle 50% (P25–P75)
550 sqft
Office
RM380,000
Level 19
570 sqft · RM666 PSF
RM395,000
Level 9
570 sqft · RM692 PSF
RM375,000
Level 17
570 sqft · RM657 PSF
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
RM400,000
Level 13
657 sqft · RM609 PSF
RM420,000
Level 14
657 sqft · RM640 PSF
RM468,000
Level 25
646 sqft · RM725 PSF
+7 more
1,200 sqft
Office
RM764,000
Level 26
1,206 sqft · RM634 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

RM420,000

RM654 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 18 subsale transactions between 2021 and 2026, with a median price of RM420K and a median price per square foot (PSF) of RM657.

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 RM420K, with most transactions falling within a stable range of RM380K to RM460K, and a typical market range of RM382K to RM458K.

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

For price per square foot, the median is RM657, with most transactions between RM616 and RM699. The usual range is RM620.08 to RM694.58, showing that most units are priced quite close to each other. With an IQR of RM74.50 and MAD of RM42, 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.