Penang
Timur Laut
Georgetown
GURNEY TOWER

GURNEY TOWER

Area Intelligence

2025

Median Price

RM 480,000

PSF: RM 712

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 480,000

RM 712 PSF

GURNEY TOWER in Timur Laut, Penang recorded 3 subsale transactions in 2025, with a median price of RM 480K and a median price per square foot (PSF) of RM 712.

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 480K, with most transactions falling within a stable range of RM 460K to RM 721K, and a typical market range of RM 460K to RM 516K.

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

For price per square foot, the median is RM 712, with most transactions between RM 677 and RM 747. The usual range is RM 682.00 to RM 742.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

GURNEY TOWER, Timur Laut, Penang

OSM