Gurney Paragon, Gurney Drive

Gurney Paragon is a freehold integrated condominium & retail development located in Gurney Drive, Georgetown. There are 264 condominium units available at this project with built-up from 2,810 sf to 10,442 sf for condominium units. It was developed by Hunza Properties Bhd with a launch price at about RM640 psf for condominium units, and was completed in around 2010.

Hunza Properties Bhd is a medium-scale property developer listed on Bursa Malaysia, and it has built about 15 property projects in Malaysia. Other similar projects by the same developer are Alila 2, Alila Homes, Bandar Putra Bertam, Greenlane Heights, Infinity, Kingfisher Series, Marina Bay, Mekarsari, Mutiara Seputeh and PICC.

Property Type
Integrated Condominium & Retail
Land Tenure
Freehold
Built-up
2,810 sf - 10,442 sf (Condominium)
Market Price
RM3,100,000 - RM7,000,000 (Condominium)
Density
264 Condominiums
Completed In
2010
Launch Price
RM640 psf (Condominium)

This integrated condominium & retail development has many amenities nearby, e.g. schools, universities and hospitals. The following are some schools here:

As for universities, there are Adventist College Of Nursing & Health Sciences and MSU College Penang Annex C.

The current rental yield of Gurney Paragon is 2.69% for condominium units. The highest rental yield ever recorded was 4.32% in Q4 2012 (condominium); while the lowest one was 2.3% in Q2 2020 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at Gurney Paragon for condominium units is 3-bedroom / 3,132 sf with a median price of RM990 psf. For price wise, the most expensive one is 3-bedroom / 2,810 sf with a median price of RM1,130 psf; while the cheapest one is 5-bedroom / 10,442 sf with a median price of RM670 psf.

Latest Gurney Paragon for sale listings:

DateTypeBuilt-upPrice
13 Dec 2021Condominium3,120 sfRM2,800,000
13 Dec 2021Condominium3,210 sfRM2,800,000
13 Dec 2021Condominium3,120 sfRM3,000,000
13 Dec 2021Condominium3,120 sfRM3,000,000
13 Dec 2021Condominium3,120 sfRM3,000,000
13 Dec 2021Condominium2,810 sfRM2,900,000
13 Dec 2021Condominium2,810 sfRM2,900,000
13 Dec 2021Condominium2,810 sfRM2,900,000
8 Dec 2021Condominium2,850 sfRM3,380,000
8 Dec 2021Condominium2,810 sfRM2,900,000

Latest Gurney Paragon for rent listings:

DateTypeBuilt-upRental
TodayCondominium3,254 sfRM7,300
TodayCondominium2,800 sfRM6,500
16 Dec 2021Condominium2,800 sfRM6,700
15 Dec 2021Condominium3,132 sfRM5,500
15 Dec 2021Condominium2,810 sfRM6,500
8 Dec 2021Condominium2,850 sfRM5,700
26 Nov 2021Condominium2,810 sfRM7,000
23 Nov 2021Condominium3,132 sfRM6,000
23 Nov 2021Condominium4,700 sfRM9,000
21 Nov 2021Condominium2,810 sfRM6,700
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