Gurney Park, Gurney Drive

Gurney Park (also known as Gurney Park Condominium) is a freehold apartment located in Gurney Drive, Georgetown. There are 588 units available at this project with built-up from 900 sf to 1,000 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
Apartment
Land Tenure
Freehold
Built-up
900 sf - 1,000 sf
Market Price
RM610,000 - RM670,000
Density
588 Units
Completed In
1999
Launch Price
About RM260 psf

This apartment 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 And Health Sciences and MSU College Penang Annex C.

The current rental yield of Gurney Park is around 2.72%, compared to 3.54% a year ago in Q1 2019. The highest rental yield ever recorded was 5.29% in Q1 2011; while the lowest one was 2.72% in Q4 2020. 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 RM670 psf. For price wise, the most expensive one is 3-bedroom / 900 sf with a median price of RM680 psf; while the cheapest one is 3-bedroom / 950 sf with a median price of RM670 psf.

Latest Gurney Park for sale listings:

DateTypeBuilt-upPrice
16 Nov 2020Condominium970 sfRM730,000
16 Nov 2020Condominium970 sfRM750,000
14 Nov 2020Condominium1,000 sfRM720,000
11 Nov 2020Condominium997 sfRM750,000
9 Nov 2020Condominium970 sfRM730,000
5 Nov 2020Condominium1,100 sfRM860,000
4 Nov 2020Condominium1,000 sfRM730,000
1 Nov 2020Condominium1,100 sfRM860,000
30 Oct 2020Condominium970 sfRM690,000
21 Oct 2020Condominium970 sfRM600,000

Latest Gurney Park for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM650
TodayRoom In Apartment-NA-RM350
YesterdayCondominium970 sfRM1,650
23 Nov 2020Condominium948 sfRM1,600
21 Nov 2020Condominium970 sfRM2,200
21 Nov 2020Condominium970 sfRM1,800
18 Nov 2020Condominium1,000 sfRM2,000
12 Nov 2020Condominium970 sfRM1,900
12 Nov 2020Condominium1,000 sfRM1,900
11 Nov 2020Condominium970 sfRM1,700
2 user comments on Gurney Park
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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.

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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 ALLOW 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....