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
RM670,000 - RM680,000
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 3.08%, compared to 3.33% 2 years ago in Q3 2019. The highest rental yield ever recorded was 4.84% in Q2 2011; while the lowest one was 3.04% in Q1 2018. 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 RM700 psf. For price wise, the most expensive one is 3-bedroom / 950 sf with a median price of RM710 psf; while the cheapest one is 3-bedroom / 970 sf with a median price of RM700 psf.

Latest Gurney Park for sale listings:

DateTypeBuilt-upPrice
21 May 2021Condominium970 sfRM720,000
18 May 2021Condominium970 sfRM750,000
18 May 2021Condominium970 sfRM598,000
18 May 2021Condominium980 sfRM680,000
18 May 2021Condominium970 sfRM750,000
18 May 2021Condominium970 sfRM678,000
18 May 2021Condominium990 sfRM795,000
9 May 2021Condominium970 sfRM650,000
6 May 2021Condominium970 sfRM720,000
4 May 2021Condominium970 sfRM700,000

Latest Gurney Park for rent listings:

DateTypeBuilt-upRental
11 Jun 2021Condominium850 sfRM1,900
10 Jun 2021Condominium970 sfRM1,700
8 Jun 2021Condominium970 sfRM1,500
7 Jun 2021Low-Cost Flat970 sfRM2,200
5 Jun 2021Condominium800 sfRM1,850
3 Jun 2021Condominium1,000 sfRM1,800
2 Jun 2021Condominium970 sfRM2,000
19 May 2021Condominium970 sfRM2,300
28 May 2021Condominium1,000 sfRM1,800
28 May 2021Condominium970 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 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....