Gurney Palace is a beautiful single tower of condominium rising high against the skyline of Gurney Drive on the island of Penang. This highly exclusive home has only one unit to every floor, affording its residents a 360 degree view of its surroundings. Not only will residents of Gurney Palace be able to enjoy views of the city skyline, but they will also have panoramic views of the sea.
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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 Palace | 2004 |
RM 2,700,000
-
RM 3,100,000
RM 675 psf - RM 775 psf |
RM 6,500 - RM 6,500 | NIL | 2.36 % |
| Y Cantonments | Mar 2017 | RM 3,800,000 - RM 5,504,875 | NIL | RM 1,776,397 (RM 875 psf) | NIL |
| Mansion One | 2015 |
RM 610,000
-
RM 1,300,000
RM 882 psf - RM 1,385 psf |
RM 1,300 - RM 1,300 | RM 679,500 (RM 882 psf) | 3.5 % |
| The Manor | Dec 2013 | From RM 5,050,000 | NIL | NIL | NIL |
| 8 Gurney | 2013 |
RM 3,980,000
-
RM 6,380,000
RM 464 psf - RM 686 psf |
RM 8,500 - RM 8,500 | NIL | 2.37 % |
| Gurney Paragon | Sept 2011 |
RM 2,750,000
-
RM 4,500,000
RM 878 psf - RM 1,214 psf |
RM 5,500 - RM 5,500 | RM 3,800,000 (RM 901 psf) | 2.38 % |
| H Residence | 2009 |
RM 1,800,000
-
RM 2,800,000
RM 360 psf - RM 560 psf |
RM 6,800 - RM 9,000 | NIL | 3.47 % |
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 839 psf | - | RM 720 psf |
| 1,000 - 1,500 SQ. FT | - | - | RM 447 psf |
| 1,500 - 2,500 SQ. FT | RM 953 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | RM 731 psf | RM 393 psf | - |
Note:
| Down Payment (10%) | RM 270,000 |
| Loan Amount ( 90 %) | RM 2,430,000 |
| 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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