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GURNEY PALACE

No. 10, Jalan Concordia, 10250 Georgetown, Penang

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 Categories Condominium

2004
(Year of Completion)
This project was completed 13 years ago
Launch Price NIL
Subsale Price RM 2,700,000 - RM 4,000,000
Rental Price RM 7,000 - RM 10,000
Maintenance
4,000 sq ft - 4,400 sq ft
Built Up
Residential
Land Title
Freehold
Tenure
1
Total Blocks
29
Total Storey
28
Total Units
2
Parking

Gurney Palace Review

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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.

Developer

Pen Properties

Facilities

Covered car park
Gymnasium
Swimming pool
Children pool
Landscape garden
Community hall
Spa

Extras

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants

Nearby Property Price Analysis

Upcoming Properties Nearby

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Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Gurney Palace 2004 NIL RM 2,800,000 - RM 3,100,000
RM 560 psf - RM 688 psf
Setia V Residences 2016 RM 1,906,750 - RM 8,962,800 RM 3,504,960 - RM 3,504,960
RM 1,335 psf - RM 1,335 psf
Moulmein Rise 2016 From RM 2,500,000 NIL
3 For Sale in Gurney Palace 1 For Sale in Setia V Residences
Recently Completed Properties Nearby

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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 2,800,000 - RM 3,100,000
RM 560 psf - RM 688 psf
RM 7,000 - RM 10,000 NIL 3.13 %
Y Cantonments Mar 2017 RM 3,500,000 - RM 3,800,000
RM 700 psf - RM 760 psf
NIL RM 1,469,799 (RM 762 psf) NIL
Mansion One 2015 RM 650,000 - RM 1,190,000
RM 906 psf - RM 1,113 psf
RM 2,400 - RM 2,400 RM 480,317 (RM 758 psf) 3.7 %
The Manor Dec 2013 From RM 5,050,000 NIL NIL NIL
8 Gurney 2013 RM 3,225,000 - RM 6,000,000
RM 465 psf - RM 568 psf
RM 7,500 - RM 7,500 RM 4,432,857 (RM 481 psf) 2.34 %
Gurney Paragon Sep 2011 RM 2,980,000 - RM 3,500,000
RM 951 psf - RM 1,209 psf
RM 7,000 - RM 7,000 RM 3,017,000 (RM 956 psf) 3.13 %
H Residence 2009 RM 2,600,000 - RM 2,900,000
RM 520 psf - RM 580 psf
RM 6,000 - RM 6,000 RM 2,278,443 (RM 462 psf) 2.29 %
3 For Sale in Gurney Palace 7 For Sale in Y Cantonments 1 For Rent in Y Cantonments 7 For Sale in Mansion One 7 For Rent in Mansion One 4 For Sale in 8 Gurney 5 For Rent in 8 Gurney
Nearby Property Transactions Price Trend

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Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 sq ft - - RM 375 psf
500 - 1,000 sq ft RM 757 psf RM 444 psf RM 568 psf
1,000 - 1,500 sq ft RM 692 psf - -
1,500 - 2,500 sq ft RM 817 psf RM 772 psf RM 1,129 psf
2,500 - 4,000 sq ft RM 801 psf RM 382 psf RM 225 psf
4,000 sq ft and above RM 609 psf RM 371 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 676 psf
Non Landed Properties
RM 518 psf
Landed Properties
RM 568 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 270,000
    Loan Amount ( 90 %) RM 2,430,000
    Tenure Years 35 Years
    Interest Rate %
    Interest Amount RM 2,430,000
    Others (Estimation) RM 10,000
    Personalize Your Mortgage
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By
    Maintenance Fee
    RM 800 ±
    RM 0.2 psf (4,000 sq ft)
    Total Monthly Expenses
    RM 3,000 ±
    Home Mortgage Calculator

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