Pulau Ceria Sdn Bhd (CA+ Group)
8 Gurney (The Shore)
Persiaran Gurney, Gurney Drive
From
RM 3.28M
RM 354–798 PSF · Completion 2013
Tenure
freehold
Title
residential
Total Units
90
Completion
2013
- From
- RM 3.3M
- PSF
- RM 354–798
- Tenure
- freehold
- Total units
- 90
- Status
- completed
- Completion
- 2013
Zac’s Take
Zac Ong
8 Gurney — better known as The Shore — is one of the lowest-density seafront addresses on Gurney Drive: 90 units across 38 floors, freehold, completed 2013. The units are large, which is why the psf spread (RM354–798) looks low against a RM3.28M-plus entry — you're buying serious floor area with a direct Gurney seafront position.
My honest take: this is trophy Gurney stock for a buyer who wants space, privacy and a front-row waterfront address over an amenity-heavy tower. At 90 units, good ones are rare — tell me your size and floor and I'll flag listings as they surface.
💎 Premium tier — what actually matters
At this price tier, buyers care about a different set of numbers
Most 8 Gurney (The Shore) 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 2.7M
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 328,000 |
| SPA stamp duty | RM 115,200 |
| SPA legal fee | RM 29,210 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 115,200 |
| Loan stamp duty (0.5%) | RM 14,760 |
| Loan agreement legal fee | RM 14,760 |
| Valuation fee | RM 3,500 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 621,630 |
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 8 Gurney (The Shore) freehold?
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What are subsale prices at 8 Gurney?
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How many units does 8 Gurney have?
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Can foreigners buy at 8 Gurney?
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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 3.3M
8 Gurney (The Shore)