Hunza Properties Berhad
Gurney Paragon
Gurney Drive
From
RM 2.04M
RM 714–1364 PSF · Completion 2011
Tenure
freehold
Title
TBC
Total Units
264
Completion
2011
- From
- RM 2.0M
- PSF
- RM 714–1364
- Tenure
- freehold
- Total units
- 264
- Status
- completed
- Completion
- 2011
Zac’s Take
Zac Ong
Gurney Paragon is one of the island's landmark addresses — Hunza Properties' twin residential towers (East 73 units, West 191, 264 in total), freehold, with the residential portion completed in 2011 and the Gurney Paragon Mall opening in 2013.
The headline draw is the direct mall connection — you live above one of Penang's best retail and F&B destinations, on the Gurney waterfront. Subsale asking prices span a wide RM714–1,364 psf depending on tower, floor and whether the unit faces the sea.
My honest take: this is a blue-chip Gurney address with proven demand and easy tenanting. The spread in psf is real, so unit selection matters a lot here — a well-chosen sea-facing stack is a different asset from a lower city-facing unit at the same building. Tell me your budget and I'll point you at the stacks worth viewing.
Facilities
What's nearby
🏥 Healthcare
- Gleneagles Penang1.5km
- Island Hospital2.5km
- Penang General Hospital3.5km
🎓 Schools
- SMK Convent Pulau Tikus1.5km
- Tenby International School2.0km
- Penang Free School3.0km
🛍 Shopping
- Gurney Paragon Mall (on-site)100m
- Gurney Plaza300m
- Midlands Park Centre1.5km
💎 Premium tier — what actually matters
At this price tier, buyers care about a different set of numbers
Most Gurney Paragon 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 204,100 |
| SPA stamp duty | RM 65,640 |
| SPA legal fee | RM 19,578 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 65,640 |
| Loan stamp duty (0.5%) | RM 9,185 |
| Loan agreement legal fee | RM 9,185 |
| Valuation fee | RM 3,500 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 377,827 |
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 Gurney Paragon freehold?
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Is the residence connected to Gurney Paragon Mall?
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What are subsale prices at Gurney Paragon?
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How many units are there?
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Can foreigners buy at Gurney Paragon?
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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 2.0M
Gurney Paragon