GURNEY TOWER

GURNEY TOWER in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 418K and a median price per square foot (PSF) of RM 636.

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 418K, with most transactions falling within a stable range of RM 381K to RM 454K, and a typical market range of RM 387K to RM 448K.

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

For price per square foot, the median is RM 636, with most transactions between RM 580 and RM 692. The usual range is RM 603.25 to RM 668.75, showing that most units are priced quite close to each other. With an IQR of RM 65.50 and MAD of RM 56, 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.