Gurney Beach, Gurney Drive

Gurney Beach (also known as Gurney Beach Resort Condominium) is a freehold condominium located in Gurney Drive, Georgetown. There are 146 units available at this project with built-up from 2,583 sf to 2,800 sf. It was developed by City Associates Group, and was completed about 1998.

City Associates Group is a small-sized real estate group, and it has undertaken around 4 real estate projects in Malaysia. Other similar projects by the same developer are 8 Gurney, Gurney Park and The Cove.

Property Type
Condominium
Land Tenure
Freehold
Built-up
2,583 sf - 2,800 sf
Market Price
RM1,320,000 - RM1,810,000
Density
146 Units
Completed In
1998
Launch Price
-NA-

This condominium has some amenities nearby, such as schools and universities. The following are some of the major 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 Gurney Beach is around 3.11%, compared to 2.82% a year ago in Q3 2020. The highest rental yield ever recorded was 4.16% in Q2 2013; while the lowest one was 2.13% in Q1 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Gurney Beach is 3-bedroom / 2,700 sf with a median price of RM670 psf. For price wise, the most expensive one is 3-bedroom / 2,700 sf with a median price of RM670 psf; while the cheapest one is 4-bedroom / 2,583 sf with a median price of RM510 psf.

Latest Gurney Beach for sale listings:

DateTypeBuilt-upPrice
15 Dec 2021Condominium2,600 sfRM1,850,000
7 Dec 2021Condominium2,700 sfRM1,800,000
30 Nov 2021Condominium2,750 sfRM1,850,000
30 Nov 2021Condominium2,583 sfRM1,580,000
26 Nov 2021Condominium2,760 sfRM1,500,000
17 Sep 2021Condominium2,583 sfRM1,450,000
10 Sep 2021Condominium2,700 sfRM2,300,000
10 Aug 2021Condominium2,760 sfRM1,450,000
3 Aug 2021Condominium2,450 sfRM1,850,000
28 Jul 2021Condominium2,700 sfRM1,800,000

Latest Gurney Beach for rent listings:

DateTypeBuilt-upRental
14 Dec 2021Condominium2,700 sfRM4,500
7 Dec 2021Condominium2,650 sfRM4,500
24 Nov 2021Condominium2,675 sfRM3,500
21 Nov 2021Condominium2,674 sfRM4,200
9 Nov 2021Condominium2,700 sfRM3,000
5 Oct 2021Condominium2,674 sfRM4,000
28 Sep 2021Condominium2,700 sfRM4,500
23 Sep 2021Condominium2,647 sfRM3,800
23 Sep 2021Condominium2,647 sfRM3,600
28 Jul 2021Condominium2,700 sfRM4,500
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