Gurney Park, Gurney Drive

Gurney Park (also known as Gurney Park Condominium) is a freehold condominium that is located in Gurney Drive, Georgetown. There are 588 units available at this condominium with built-up from 950 sf to 970 sf. It was developed by City Associates Group with a launch price of about RM260 psf, and was completed in around 1999.

City Associates Group is a small-scale property development group, and it has developed about 4 property projects in Malaysia. Other similar projects by the same developer are 8 Gurney, Gurney Beach and The Cove.

Property Type
Land Tenure
950 sf - 970 sf
Market Price
RM680,000 - RM700,000
Total Units
588 Units
Completion Date
Launch Price
About RM260 psf

This condominium has some amenities nearby, i.e. hospitals, schools and universities. The following are some of the major hospitals here:

As for schools, there are SMK Convent Pulau Tikus, SRJK (C) Perempuan Cina 槟华 小学 and Sekolah Tafih Al. There are also some universities here, for example Adventist College Of Nursing & Health Sciences, Ipg College Of Higher Education and MSU College Penang Annex C.

The current rental yield of Gurney Park is around 3.38%, compared to 2.96% 2 years ago in Q4 2021. The highest rental yield ever recorded was 4.41% in Q1 2016; while the lowest one was 2.83% in Q1 2022. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Gurney Park is 3-bedroom / 970 sf with a median price of RM720 psf. For price wise, the most expensive one is 3-bedroom / 970 sf with a median price of RM720 psf; while the cheapest one is 3-bedroom / 950 sf with a median price of RM720 psf.

Latest Gurney Park sale listings:

DateProperty TypeBuilt-upPrice
30 Aug 2023Condominium970 sfRM780,000
3 Jun 2023Condominium970 sfRM770,000
10 Oct 2022Condominium950 sfRM690,000
27 May 2022Condominium970 sfRM750,000
25 Jan 2022Condominium950 sfRM599,000

Latest Gurney Park rental listings:

DateProperty TypeBuilt-upRental
TodayCondominium950 sfRM2,000
TodaySingle Room-NA-RM490
25 Jul 2023Condominium1,100 sfRM2,000
25 Jul 2023Condominium1,100 sfRM2,000
30 Apr 2023Condominium950 sfRM2,000
3 Mar 2023Condominium900 sfRM2,000
14 Feb 2023Condominium900 sfRM2,000
10 Feb 2023Medium Room-NA-RM550
31 Jan 2023Condominium900 sfRM2,100
22 Dec 2022Apartment Room-NA-RM600
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