penangproperty
CompletedfreeholdcommercialEst. 2023

Taman Sri Bunga S.B. (BSG Property)

Marriott Residences

Gurney Drive / Kelawai Road

From

RM 1.68M

RM 15001800 PSF · Completion 2023

Tenure

freehold

Title

commercial

Total Units

294

Completion

2023

From
RM 1.7M
PSF
RM 1500–1800
Tenure
freehold
Total units
294
Status
completed
Completion
2023
Z

Zac’s Take

Zac Ong

Marriott Residences Gurney is the Marriott-flagship play on the Kelawai/Gurney corridor — 294 hotel-branded units sitting roughly opposite Gurney Plaza, developed by BSG Property under licence to Marriott International. Verdict: worth visiting if you want hospitality-managed STR income with a globally recognised brand on the door. Not for own-stay families chasing maximum sqft per ringgit. Location specifics: walk to Gurney Plaza and Gurney Paragon (under 10 minutes), Penang Chinese Girls' High School within 1.5km, Island Hospital ~4km, Gleneagles ~5km. The Gurney corridor LRT alignment is still proposed — drive-dependent for now. Developer track record: BSG Property is the long-time owner of the Gurney site and has held this land bank patiently — that patience matters for a branded launch (no rushed product). Marriott International runs the operational SOP, so the service standard you get on day one is the Marriott standard, not a learning-curve local team. Unit configuration sweet spot: the 1,200-1,400 sqft 3-bedroom — large enough to live in, small enough that the brand-premium PSF doesn't compound past sensible. The 850 sqft 2-bed is the investor unit (cleanest rental yield), the 2,500 sqft penthouses are the trophy buy that's hardest to resell. Target buyer: HK/SG investor who wants hospitality-managed rental income plus Marriott Bonvoy crossover, or MM2H holder with a 50% FD utilisation play. Not for: own-stay family who'd rather buy 2,500 sqft of landed in Tanjung Bungah for similar money. Genuine concern: maintenance fee will land around RM0.60-0.75 PSF/month (hospitality-branded standard) — on a 1,200 sqft unit that's RM800-900/month before sinking fund. Mitigation: if you commit to the operator-run rental programme, the income covers maintenance comfortably in tourist season; do the math at booking and don't sign if rental projection feels stretched.

Marriott Residences unit types

TypeConfigSize (sqft)UnitsCar parks
2BR Type 2A2BR Type 2A957
2BR Type 2B2BR Type 2B871
2BR Type 2C2BR Type 2C850
2BR Type 2D2BR Type 2D861
3BR Type 3A3BR Type 3A1,291
3BR Type 3B3BR Type 3B1,841
3BR Type 3C3BR Type 3C2,573
3BR Type 3D3BR Type 3D2,253
4BR Type 4A4BR Type 4A3,134
Total

Building specifications

Blocks
1
Floors
55
Total units
294

Facilities

Swimming PoolGymnasiumFunction Room24-Hour Security

What's nearby

🏥 Healthcare

  • Gleneagles Medical Centre Penang1.7km

🎓 Schools

  • St Christopher's International Primary School3.2km

🛍 Shopping

  • Gurney Paragon Mall300m
  • Gurney Plaza500m

Monthly Instalment Calculator

Monthly Instalment

RM 6,786

Total Interest

RM 1,338,014

Total Outlay

RM 3,018,014

📲 Discuss financing options with Zac

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 800KRM 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.

DownpaymentRM 168,000
SPA stamp dutyRM 51,200
SPA legal feeRM 16,690
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 51,200
Loan stamp duty (0.5%)RM 7,560
Loan agreement legal feeRM 7,560
Valuation feeRM 3,500
Search, admin, miscRM 1,000
Gross upfront totalRM 306,710

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 50,400
0%5%10%
Total developer savingsRM 82,210

Net upfront (after savings)

Based on typical 2026 new launch package

RM 224,500

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

How much is Marriott Residences Gurney Penang per square foot in 2026?

+
PSF is positioned around RM1,500-1,800 indicative. Confirm the live price list with the developer or via the WhatsApp link — pricing varies by floor, view orientation, and unit type.

What is the completion date for Marriott Residences Penang?

+
Project is under construction as positioned by developer. Exact handover target should be confirmed at booking — branded residences typically schedule conservatively because hotel-operator fit-out adds time beyond shell completion.

Can foreigners buy Marriott Residences in Penang?

+
Yes. Most units sit comfortably above the RM1M Penang Island foreign-buyer floor for strata, and the project is structured to qualify for foreign purchase with state consent. MM2H holders can apply up to 50% of their FD toward the purchase.

Is Marriott Residences Penang a good investment?

+
For hospitality-managed STR income with a globally recognised operator on the door, yes — Marriott Bonvoy crossover and operator-run rental programmes are real advantages. The headline risk is maintenance fee compounding; do the rental-yield math before signing.

What is the size range for units at Marriott Residences Gurney?

+
Approximately 850 to 2,500 sqft across 2-bed, 3-bed and penthouse configurations. The 1,200-1,400 sqft 3-bed is typically the most balanced unit for own-stay+resale flexibility.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 1.7M

Marriott Residences

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