The Regency, Gurney Drive

The Regency is a freehold condominium that is located in Gurney Drive, Georgetown. There are 100 units available at this condominium with built-up from 4,000 sf to 5,000 sf. Other neighbouring developments around are Arcadia, Bella Vista, Belle Vue, Desa Mas, Gurney Park, Gurney Villa, Mutiara Gurney, Precious Court, Silverton and The LOOC Residence.

Property Type
Condominium
Land Tenure
Freehold
Built-up
4,000 sf - 5,000 sf
Market Price
RM2,580,000 - RM3,190,000
Total Units
100 Units
Completion Date
1999
Developer
-NA-
Launch Price
-NA-

This condominium has some amenities nearby, e.g. hospitals, schools and universities. The following are some of the main hospitals here:

As for schools, there are SJK Phor Tay 菩提小学, SMK Convent Pulau Tikus and Sekolah Tafih Al. There are also some universities here, such as Adventist College Of Nursing & Health Sciences, Ipg College Of Higher Education and MSU College Penang Annex C.

The current rental yield of The Regency is around 2.6%, compared to 2.37% 2 years ago in Q4 2021. The highest rental yield ever recorded was 3.5% in Q1 2015; while the lowest one was 1.99% in Q4 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Regency is 4-bedroom / 4,000 sf with a median price of RM740 psf. For price wise, the most expensive one is 5-bedroom / 4,042 sf with a median price of RM790 psf; while the cheapest one is 5-bedroom / 5,000 sf with a median price of RM550 psf.

Latest The Regency sale listings:

DateProperty TypeBuilt-upPrice
25 Feb 2024Condominium4,200 sfRM2,600,000
22 Feb 2024Condominium4,100 sfRM2,880,000
21 Feb 2024Condominium4,200 sfRM2,600,000
21 Feb 2024Condominium4,200 sfRM3,000,000
10 Feb 2024Condominium4,200 sfRM3,000,000
5 Feb 2024Condominium5,000 sfRM2,800,000
2 Feb 2024Condominium5,000 sfRM2,800,000
22 Jan 2024Condominium5,000 sfRM2,800,000
2 Jan 2024Condominium4,100 sfRM3,100,000
28 Dec 2023Condominium4,300 sfRM2,999,000

Latest The Regency rental listings:

DateProperty TypeBuilt-upRental
21 Jan 2024Condominium4,200 sfRM4,500
17 Dec 2023Condominium4,800 sfRM7,000
26 Nov 2023Condominium4,200 sfRM5,000
28 Oct 2023Condominium4,200 sfRM4,500
25 Oct 2023Condominium4,200 sfRM4,500
11 Oct 2023Condominium4,200 sfRM5,500
10 Oct 2023Condominium5,000 sfRM8,000
30 Sep 2023Condominium5,000 sfRM7,000
27 Sep 2023Condominium4,200 sfRM6,500
17 Sep 2023Condominium4,200 sfRM4,500
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