Gurney Park, Gurney Drive

Gurney Park (also known as Gurney Park Condominium) is a freehold condominium located in Gurney Drive, Georgetown. There are 588 units available at this project 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 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
Condominium
Land Tenure
Freehold
Built-up
950 sf - 970 sf
Market Price
RM680,000 - RM700,000
Density
588 Units
Completed In
1999
Launch Price
About RM260 psf

This condominium has many amenities nearby, i.e. hospitals, schools and universities. The following are some of the main 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 3.28%, compared to 3.11% a year ago in Q1 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 for sale listings:

DateTypeBuilt-upPrice
10 Oct 2022Condominium950 sfRM690,000
27 May 2022Condominium970 sfRM750,000
25 Jan 2022Condominium950 sfRM599,000
12 Jan 2022Condominium970 sfRM800,000
12 Jan 2022Condominium970 sfRM699,000
30 Nov 2021Condominium970 sfRM630,000
29 Nov 2021Condominium970 sfRM620,000
29 Nov 2021Condominium970 sfRM800,000
26 Nov 2021Condominium970 sfRM700,000
26 Nov 2021Condominium970 sfRM640,000

Latest Gurney Park for rent listings:

DateTypeBuilt-upRental
TodayMedium Room-NA-RM580
YesterdayCondominium950 sfRM2,100
9 Nov 2022Single Room-NA-RM490
3 Nov 2022Medium Room-NA-RM580
31 Oct 2022Condominium900 sfRM1,500
27 Oct 2022Master Room-NA-RM580
22 Oct 2022Single Room-NA-RM580
22 Oct 2022Master Room-NA-RM580
22 Oct 2022Master Room-NA-RM580
19 Oct 2022Master Room-NA-RM580
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