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. schools, universities and hospitals. The following are some of the main 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 Park is around 2.96%, compared to 3.51% a year ago in Q3 2020. The highest rental yield ever recorded was 4.62% in Q2 2012; while the lowest one was 2.96% in Q4 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size 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
22 Nov 2021Condominium970 sfRM750,000
22 Nov 2021Condominium990 sfRM795,000
21 Nov 2021Condominium997 sfRM765,000
19 Nov 2021Condominium970 sfRM620,000
19 Nov 2021Condominium998 sfRM660,000
18 Nov 2021Condominium970 sfRM618,000
18 Nov 2021Condominium970 sfRM780,000
18 Nov 2021Condominium970 sfRM710,000
8 Nov 2021Condominium970 sfRM650,000
3 Nov 2021Condominium970 sfRM620,000

Latest Gurney Park for rent listings:

DateTypeBuilt-upRental
TodayCondominium900 sfRM1,800
TodayCondominium900 sfRM1,500
16 Nov 2021Room In Apartment-NA-RM390
26 Nov 2021Condominium980 sfRM1,600
26 Nov 2021Condominium970 sfRM1,500
25 Nov 2021Condominium1,100 sfRM1,800
25 Nov 2021Condominium970 sfRM1,700
25 Nov 2021Condominium970 sfRM2,200
25 Nov 2021Condominium970 sfRM2,000
25 Nov 2021Condominium970 sfRM1,800
2 user comments on Gurney Park
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Google
17 Apr 2018 @ 12:00 AM

Terrible maintenance. When something breaks down, all management does is put up a stupid sign, and that's the end of it. Nothing gets repaired. Management known to embezzle funds.

via
Google
29 Apr 2019 @ 12:00 AM

Residents with card only allow to use the facilities. And to apply for the card, residents normally have fo wait for months. I am renting one of the units, the day I moved in i was stopped by guard and denied entry. Reason given is they suspected I am renting one of the units as service apartment or b&b. As B&B is NOT ALLOWED here. The guard house team are very rude and not friendly. They clamp your visitors car if more than 1 hour and demand for money, owners despise tenants who are renting the place, politics and gossips, etc etc....