Gurney Tower, Gurney Drive

Gurney Tower is a freehold office building located in Gurney Drive, Georgetown. The built-up available at this project is 580 sf to 2,960 sf. Other neighbouring projects 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.

Property Type
Office Building
Land Tenure
Freehold
Built-up
580 sf - 2,960 sf
Market Price
RM410,000 - RM3,290,000
Density
-NA-
Completed In
-NA-
Developer
-NA-
Launch Price
-NA-

This office building has many amenities nearby, i.e. universities, schools and hospitals. The following are some of the main universities here:

As for schools, there are India School, Penang Buddhist Free School and SM Sri Pelita.

The current rental yield of Gurney Tower is around 4.19%, compared to 4.26% 2 years ago in Q4 2020. The highest rental yield ever recorded was 6.55% in Q1 2019; while the lowest one was 3.43% in Q2 2020. 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 657 sf with a median price of RM630 psf. For price wise, the most expensive one is 2,960 sf with a median price of RM1,110 psf; while the cheapest one is 650 sf with a median price of RM630 psf.

Latest Gurney Tower for sale listings:

DateTypeBuilt-upPrice
28 Apr 2022Office-NA-RM1,550,000
1 Nov 2021Office517 sfRM458,000
9 Jun 2021Office663 sfRM430,000
6 May 2021Office663 sfRM420,000
27 Apr 2021Office517 sfRM458,000
22 Apr 2021Office1,504 sfRM950,000
22 Apr 2021Office663 sfRM420,000
29 Mar 2021Office1,212 sfRM760,000
24 Mar 2021Office580 sfRM458,000
7 Mar 2021Office663 sfRM420,000

Latest Gurney Tower for rent listings:

DateTypeBuilt-upRental
3 Aug 2022Office700 sfRM1,800
25 Jan 2022Shop-Office550 sfRM1,500
29 Dec 2021Shop-Office570 sfRM1,500
20 Dec 2021Office650 sfRM1,500
16 Dec 2021Shop-Office600 sfRM1,400
15 Nov 2021Shop-Office550 sfRM1,400
11 Nov 2021Office650 sfRM1,300
24 Sep 2021Office3,283 sfRM5,000
23 Jul 2021Office646 sfRM1,200
19 Jul 2021Retail7,000 sfRM10,000
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