Ikatan Awana Sdn Bhd
11 Gurney Drive
Persiaran Gurney, Gurney Drive
From
RM 2.70M
RM 767–1001 PSF · Completion 2007
Tenure
freehold
Title
residential
Total Units
59
Completion
2007
- From
- RM 2.7M
- PSF
- RM 767–1001
- Tenure
- freehold
- Total units
- 59
- Status
- completed
- Completion
- 2007
Zac’s Take
Zac Ong
11 Gurney Drive is one of the most exclusive addresses on the strip — just 59 units at two per floor, freehold, completed 2007. Units are big (roughly 3,466–4,198 sqft), so you're buying a genuine full-side-of-floor residence with sea and city aspects.
My honest take: this is quiet, old-money Gurney luxury — low neighbour count, large layouts, a proven address. It rarely lists, and when it does the right stack matters enormously. Asking runs about RM767–1,001 psf, from around RM2.7M. Tell me your brief and I'll watch for it.
💎 Premium tier — what actually matters
At this price tier, buyers care about a different set of numbers
Most 11 Gurney Drive buyers pay cash or use private banking — so monthly instalments aren't the metric. The questions Zac gets asked are:
- · Resale liquidity — how long to find a buyer in 5 years
- · Capital appreciation — what the area has done over 3, 5, 10 years
- · Carrying cost — maintenance + tax + utilities, not loan
- · Estate planning — title structure, inheritance handling
- · Foreign buyer levy & consent — true total cost basis
- · Lawyer / private banker network — who handles transactions well
Gurney Drive — area snapshot
Full area guide →Gurney Drive is Penang's prestige address for high-end residential. Limited land and consistent demand from local professionals and overseas Malaysians keep prices elevated.
Price range
RM 800K – RM 3.3M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
7
completed projects
Total tracked
9
properties in this area
Total Cost Breakdown
Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 270,000 |
| SPA stamp duty | RM 92,000 |
| SPA legal fee | RM 24,850 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 92,000 |
| Loan stamp duty (0.5%) | RM 12,150 |
| Loan agreement legal fee | RM 12,150 |
| Valuation fee | RM 3,500 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 507,650 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
Is 11 Gurney Drive freehold?
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What are subsale prices at 11 Gurney Drive?
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Why is 11 Gurney Drive considered exclusive?
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Can foreigners buy at 11 Gurney Drive?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 2.7M
11 Gurney Drive