LIST

Penang, Timur Laut, Georgetown

GURNEY TOWER

Area Intelligence
2023
Median Price
RM 455,000
PSF: RM 671
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Commercial PSF Trends

Median Price

RM 455,000

RM 671 PSF

GURNEY TOWER in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 455K and a median price per square foot (PSF) of RM 671.

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 455K, with most transactions falling within a stable range of RM 375K to RM 604K, and a typical market range of RM 419K to RM 491K.

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

For price per square foot, the median is RM 671, with most transactions between RM 642 and RM 700. The usual range is RM 641.00 to RM 701.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 29, 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

OSM

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Transactions

4 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
550 sqft
Office Lot
RM 375,000
Level 17
570 sqft · RM 657 PSF
650 sqft
Office Lot
RM 450,000
Level 24
657 sqft · RM 685 PSF
RM 460,000
Level 25
646 sqft · RM 712 PSF
1,200 sqft
Office Lot
RM 764,000
Level 26
1,206 sqft · RM 634 PSF

No Properties For Sale

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

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