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.
This condominium has some amenities nearby, i.e. hospitals, schools and universities. The following are some of the major hospitals here:
- Geriamed Subacute Hospital Care
- Penang Adventist Hospital
- Therapedic Medical Centre
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:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 30 Aug 2023 | Condominium | 970 sf | RM780,000 |
| 3 Jun 2023 | Condominium | 970 sf | RM770,000 |
| 10 Oct 2022 | Condominium | 950 sf | RM690,000 |
| 27 May 2022 | Condominium | 970 sf | RM750,000 |
| 25 Jan 2022 | Condominium | 950 sf | RM599,000 |
Latest Gurney Park rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| Today | Condominium | 950 sf | RM2,000 |
| Today | Single Room | -NA- | RM490 |
| 25 Jul 2023 | Condominium | 1,100 sf | RM2,000 |
| 25 Jul 2023 | Condominium | 1,100 sf | RM2,000 |
| 30 Apr 2023 | Condominium | 950 sf | RM2,000 |
| 3 Mar 2023 | Condominium | 900 sf | RM2,000 |
| 14 Feb 2023 | Condominium | 900 sf | RM2,000 |
| 10 Feb 2023 | Medium Room | -NA- | RM550 |
| 31 Jan 2023 | Condominium | 900 sf | RM2,100 |
| 22 Dec 2022 | Apartment Room | -NA- | RM600 |