penangproperty
CompletedfreeholdcommercialEst. 2016

Primo Corporation Sdn. Bhd.

Sunrise @ Gurney

Persiaran Gurney, Gurney Drive

From

RM 2.50M

RM 8501599 PSF · Completion 2016

Tenure

freehold

Title

commercial

Total Units

78

Completion

2016

From
RM 2.5M
PSF
RM 850–1599
Tenure
freehold
Total units
78
Status
completed
Completion
2016
Z

Zac’s Take

Zac Ong

Sunrise @ Gurney is Primo Corporation's freehold duplex-SOHO development on the Gurney stretch — 78 units, completed in 2016, on commercial title. It's a different animal from a standard condo: dual-key/SOHO layouts that suit a live-work or rental-flexibility buyer.

Subsale asking runs a wide RM850–1,599 psf (from about RM2.5M for the larger duplexes). The draw is a freehold Gurney address with flexible SOHO usage; the trade-off is commercial title — factor commercial utility rates and financing nuances into your numbers.

My honest take: this suits an investor or a buyer who wants Gurney flexibility rather than a pure residential home. The psf spread is large, so unit type and floor drive value here more than the address alone. Ask me which layouts are worth viewing for your use case.

Facilities

Open-Air Infinity PoolSky Court LoungeGymnasiumMeeting Rooms24-Hour Security

What's nearby

🏥 Healthcare

  • Gleneagles Penang1.5km
  • Island Hospital2.5km
  • Penang General Hospital3.5km

🎓 Schools

  • SMK Convent Pulau Tikus1.5km
  • Penang Free School3.0km
  • Tenby International School2.0km

🛍 Shopping

  • Gurney Plaza500m
  • Gurney Paragon Mall800m
  • Midlands Park Centre1.5km

💎 Premium tier — what actually matters

At this price tier, buyers care about a different set of numbers

Most Sunrise @ Gurney 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
Run the ROI / exit strategy calc instead →

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 250,000
SPA stamp dutyRM 84,000
SPA legal feeRM 23,250
MOT stamp duty (at VP)

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

RM 84,000
Loan stamp duty (0.5%)RM 11,250
Loan agreement legal feeRM 11,250
Valuation feeRM 3,500
Search, admin, miscRM 1,000
Gross upfront totalRM 468,250

New launch — typical developer savings

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

Cash rebate3% = RM 75,000
0%5%10%
Total developer savingsRM 120,750

Net upfront (after savings)

Based on typical 2026 new launch package

RM 347,500

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

Frequently asked questions

Is Sunrise @ Gurney a condo or SOHO?

+
It is a duplex-SOHO development (small-office/home-office layouts) on commercial title, not a standard residential condo — developed by Primo Corporation, completed in 2016. Freehold.

What are subsale prices at Sunrise @ Gurney?

+
Asking prices span roughly RM850–1,599 psf, from about RM2.5M for larger duplex units. WhatsApp Zac for current listings.

What does commercial title mean here?

+
Utilities may be billed at commercial rates and financing terms can differ from residential. It also enables flexible SOHO/live-work usage. Ask Zac for the practical cost implications.

How many units are there?

+
There are 78 units — a low-density count on the Gurney corridor.

Can foreigners buy at Sunrise @ Gurney?

+
Yes. At these prices, units clear Penang Island's RM1,000,000 minimum for foreign buyers of strata property. State consent (typically 2–4 months) applies, and MM2H holders follow the same property rules. Zac can confirm eligibility for your situation.

Substitutes worth comparing

Open full comparison →

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

From

RM 2.5M

Sunrise @ Gurney

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