GURNEY TOWER

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 440K to RM 520K, and a typical market range of RM 444K 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 671 and RM 753. 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 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. 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.