Gurney Tower, Gurney Drive
Gurney Tower is a freehold office building that is located in Gurney Drive, Georgetown. The built-up available at this property is 580 sf to 2,960 sf. Other neighbouring developments nearby are Canton Square, Fortune Heights, Menara BHL, Menara Boustead, Menara Liang Court, Menara Penang Garden, Wisma Getah, Wisma Penang Garden, Wisma Perkeso and Wisma Prudential.
This office building has some amenities nearby, i.e. schools, universities and hospitals. The following are some main schools here:
- Asia Penang (Associated School Of Accountancy)
- India School
- Penang Buddhist Free School
- SM Sri Pelita
- SRJK (C) Union
- School
As for universities, there are Despark International College Penang, Ipg College Of Higher Education, MSU College Penang Annex C, Ri Yaz College and Wawasan Open University.
The current rental yield of Gurney Tower is around 4.41%, compared to 4.29% 3 years ago in Q1 2021. The highest rental yield ever recorded was 5.49% in Q2 2015; while the lowest one was 3.63% in Q2 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Gurney Tower is 2,960 sf with a median price of RM420 psf. For price wise, the most expensive one is 580 sf with a median price of RM760 psf; while the cheapest one is 2,960 sf with a median price of RM420 psf.
Latest Gurney Tower sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 4 Aug 2023 | Office | 570 sf | RM435,000 |
| 30 Jun 2023 | Office | 1,212 sf | RM780,000 |
| 23 Mar 2023 | Office | 2,960 sf | RM1,130,400 |
| 23 Mar 2023 | Office | 2,960 sf | RM1,130,000 |
| 9 Dec 2022 | Office | 2,960 sf | RM1,256,000 |
| 29 Nov 2022 | Office | 580 sf | RM400,000 |
| 23 Nov 2022 | Office | 2,960 sf | RM1,256,000 |
| 23 Nov 2022 | Office | 2,960 sf | RM1,256,000 |
| 22 Oct 2022 | Office | 570 sf | RM400,000 |
| 5 Sep 2022 | Office | 2,960 sf | RM1,395,000 |
Latest Gurney Tower rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 16 Mar 2024 | Office | 550 sf | RM1,800 |
| 28 Feb 2024 | Office | 600 sf | RM1,600 |
| 27 Feb 2024 | Office | 800 sf | RM2,000 |
| 19 Dec 2023 | Office | 660 sf | RM1,300 |
| 17 Oct 2023 | Office | 600 sf | RM1,600 |
| 21 Sep 2023 | Office | 1,050 sf | RM2,200 |
| 2 Aug 2023 | Office | 660 sf | RM2,000 |
| 2 Aug 2023 | Office | 657 sf | RM1,800 |
| 19 Jun 2023 | Office | 1,212 sf | RM2,750 |
| 30 May 2023 | Office | 538 sf | RM1,600 |