8 Gurney, Gurney Drive

8 Gurney (also known as The Shore) is a freehold apartment located in Gurney Drive, Georgetown. There are 90 units available at this project with built-up from 5,800 sf to 10,800 sf. It was developed by City Associates Group with a launch price at around RM344 psf, and was completed in about End 2013.

City Associates Group is a small real estate group, and it has constructed around 4 real estate projects in Malaysia. Other similar projects by the same developer are Gurney Beach, Gurney Park and The Cove.

Property Type
Apartment
Land Tenure
Freehold
Built-up
5,800 sf - 10,800 sf
Market Price
RM3,830,000 - RM6,050,000
Density
90 Units
Completed In
End 2013
Launch Price
About RM344 psf

This apartment has some amenities nearby, for example schools and universities. The following are some main schools here:

As for universities, there are Despark College Penang, MSU College Penang Annex C, Ri Yaz College and Wawasan Open University.

The current rental yield of 8 Gurney is around 2.59%, compared to 2.91% 2 years ago in Q2 2018. The highest rental yield ever recorded was 3.6% in Q4 2013; while the lowest one was 1.7% in Q4 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at 8 Gurney is 5-bedroom / 5,800 sf with a median price of RM660 psf. For price wise, the most expensive one is 5-bedroom / 5,800 sf with a median price of RM660 psf; while the cheapest one is 5-bedroom / 10,740 sf with a median price of RM510 psf.

Latest 8 Gurney for sale listings:

DateTypeBuilt-upPrice
9 May 2020Condominium5,800 sfRM3,850,000
9 May 2020Condominium5,800 sfRM3,850,000
17 Apr 2020Condominium5,800 sfRM3,850,000
7 Apr 2020Condominium5,800 sfRM3,800,000
13 Mar 2020Condominium5,800 sfRM3,900,000
13 Mar 2020Condominium10,800 sfRM6,800,000
13 Mar 2020Condominium5,800 sfRM3,300,000
13 Mar 2020Condominium10,800 sfRM5,000,000
13 Mar 2020Condominium10,800 sfRM5,250,000
13 Mar 2020Condominium10,800 sfRM6,480,000

Latest 8 Gurney for rent listings:

DateTypeBuilt-upRental
12 Mar 2020Condominium5,600 sfRM7,200
13 Mar 2020Condominium10,800 sfRM11,800
13 Mar 2020Condominium5,800 sfRM7,500
13 Mar 2020Condominium5,800 sfRM8,000
14 Mar 2020Condominium5,800 sfRM8,500
13 Feb 2020Condominium10,800 sfRM12,000
15 Mar 2020Condominium5,800 sfRM8,200
10 Mar 2020Condominium5,000 sfRM8,300
5 Mar 2020Condominium10,800 sfRM11,000
27 Feb 2020Condominium10,800 sfRM11,000
1 user comments on 8 Gurney
via
Google Reviews
29 Apr 2017 @ 12:00 AM

High end large condo with swimming pool at every level.