Gurney Paragon is located in the prime area of Gurney Drive fronting the seas of Penang. This multimillion dollar project is coveted for its excellent location in the tourist attraction area of Penang. It is also easily accessible from Georgetown, with views of the sea from its units. It will have access to its own shopping mall of the same name as well, which touts some of the top international brands.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
Gurney Paragon | Sept 2011 |
RM2,750,000
-
RM4,500,000
RM 878 psf - RM 1,214 psf |
RM5,500 - RM5,500 | RM3,800,000 (RM 901 psf) | 2.38 % |
The Manor | Dec 2013 | From RM5,050,000 | NIL | NIL | NIL |
H Residence | 2009 |
RM1,800,000
-
RM2,800,000
RM 360 psf - RM 560 psf |
RM6,800 - RM9,000 | NIL | 3.47 % |
11 Gurney Drive | 2007 |
RM3,200,000
-
RM4,000,000
RM 941 psf - RM 952 psf |
RM8,000 - RM8,000 | NIL | 2.54 % |
Millennium Tower | 2005 | RM2,870,000 - RM3,850,000 | RM2,400 - RM2,400 | NIL | 1.25 % |
Gurney Palace | 2004 |
RM2,700,000
-
RM3,100,000
RM 675 psf - RM 775 psf |
RM6,500 - RM6,500 | NIL | 2.36 % |
Taman Kristal | 2002 |
RM285,000
-
RM450,000
RM 380 psf - RM 642 psf |
RM800 - RM800 | NIL | 3.26 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | RM 483 psf | - | RM 596 psf |
1,000 - 1,500 SQ. FT | RM 479 psf | - | RM 447 psf |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | RM 731 psf | - | - |
Note:
Down Payment (10%) | RM 210,000 |
Loan Amount ( 90 %) | RM 1,890,000 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
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