penangproperty
W Residence Gurney Bay — serviced apartment, Gurney Drive (opposite Gurney Plaza)
Selling NowfreeholdresidentialEst. 2028

Macrovest Sdn. Bhd. (VST Group)

W Residence Gurney Bay

Gurney Drive (opposite Gurney Plaza)

From

RM 2.37M

Completion 2028

Entry price confirmed at RM2,370,000 by the owner against the developer price list; a 2024 news article quoting "RM2mil onwards" is superseded.

Tenure

freehold

Title

residential

Total Units

498

Completion

2028

From
RM 2.4M
PSF
—
Tenure
freehold
Total units
498
Status
selling
Completion
2028

Price at a glance

Prices as at November 2026 — Developer prices basis. Last checked 2026-10-09. The project has not completed — no resale market yet.

Unit typeSize (sqft)Price fromPSF from
All units1,033–3,670RM2.37M~RM2,294
Z

Zac’s Take

Zac Ong

W Residence Gurney Bay is a 69-storey freehold tower of 498 branded residences opposite Gurney Plaza by Macrovest (VST Group), due in 2028. It's on residential title, which is unusual for a hotel-branded residence and makes running costs and loans behave like a normal condo.

Homes run from about 1,033 to 3,670 sq ft, priced from about RM2.37M, up to roughly RM1,700 per sq ft, and about 75% were taken up at launch. Each comes with two parking bays.

It suits buyers who want the brand, the height and the Gurney address, and can carry a premium price and service charges. It's not a short-stay play: residential strata on the island can't be licensed for homestay, and owners can't list on Airbnb themselves. Every unit clears the RM1M foreign-buyer minimum, so foreign buyers can choose any layout.

W Residence Gurney Bay price list 2026

0 of 4 unit types have a published price · completing 2028

TypeSize (sqft)Price fromPSF (derived)Units
Type C1,033On application——
Type B1,324On application——
Type A1,604On application——
Type D (Penthouse)3,670On application——

PSF is derived, not quoted — each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.

Developer price — the project has not completed, so there is no resale market to compare against, last checked 2026-10-09. Developers reprice between phases — confirm the current list before committing.

No published unit type clears the RM1M foreign-buyer minimum, but 4 types are priced on application — those may qualify. Ask before ruling the project out.

4 unit types are priced on application

Usually the penthouses and duplexes — developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.

📲 Ask for the current price list

⚠Freehold land on a residential title — confirmed by Zac Ong (REN 64593) from the developer, 2026-08-23. This corrects an earlier record that carried commercial title. Residential title means residential utility and assessment tariffs and conventional residential financing, unlike Marriott Residences on Gurney Drive, which is on a commercial title.

W Residence Gurney Bay completion date

W Residence Gurney Bay is expected to complete in 2028.

Read that as the developer's target, not a guarantee. What matters contractually is the vacant possession date in your SPA — 36 months from the sale and purchase agreement for a strata title under the Housing Development Act, with liquidated damages payable if the developer misses it. A launch year quoted in marketing and the VP date you can enforce are different things, so check the SPA schedule before you plan a move-in or a tenancy.

Building specifications

Blocks
1
Floors
69
Total units
498

Facilities

Infinity PoolSky GymnasiumSky GardensOasis DeckConcierge

What's nearby

🏥 Healthcare

  • Gleneagles Hospital Penang

🛍 Shopping

  • Gurney Paragon Mall
  • Gurney Plaza

💎 Premium tier — what actually matters

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

Most W Residence Gurney Bay 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 →

Other projects in gurney drive

All 8 others we track here, cheapest first — all trading sub-sale.

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 1.3M – RM 3.5M

asking prices in area

Active projects

0

selling or under construction

Subsale condos

8

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 237,000
SPA stamp duty (tiered 1–4%)RM 78,800
SPA legal feeRM 22,210
MOT stamp duty (at VP)

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

RM 78,800
Loan stamp duty (0.5%)RM 10,665
Loan agreement legal feeRM 10,665
Valuation feeRM 3,500
Search, admin, miscRM 1,000
Gross upfront totalRM 442,640

New launch — typical developer savings

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

Cash rebate3% = RM 71,100
0%5%10%
Total developer savings− RM 114,640

Net upfront (after savings)

Based on typical 2026 new launch package

RM 328,000

Estimates only, based on 2026 Penang state rules — not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

What is the price of W Residence Gurney Bay?

+
Entry price confirmed at RM2,370,000 by the owner against the developer price list; a 2024 news article quoting "RM2mil onwards" is superseded.

Is W Residence Gurney Bay freehold or leasehold?

+
W Residence Gurney Bay is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.

Can a foreigner buy at W Residence Gurney Bay?

+
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.

When will W Residence Gurney Bay be completed?

+
W Residence Gurney Bay is expected to be completed in 2028, by Macrovest Sdn. Bhd. (VST Group). That's the developer's target. The date that counts is the handover date in your sale agreement, which under Malaysian housing law is usually 36 months from signing.

How big are the homes at W Residence Gurney Bay?

+
Homes range from about 1,033 to 3,670 sq ft. There are 498 homes in total.

Can I rent out my W Residence Gurney Bay unit on Airbnb?

+
The intended structure is the W Residence Gurney Bay-operator-run rental programme — the hotel manages your unit as a serviced apartment when you're not in residence, splitting revenue. Independent third-party Airbnb is typically restricted by building rules.

What is the maintenance fee at W Residence Gurney Bay Penang?

+
The final maintenance fee hasn't been published yet — it's set closer to completion (expected 2028). Expect it to be higher than unbranded Gurney condos, since it funds hotel-operated services. Ask the sales office for their current estimate before you commit.

Substitutes worth comparing

Open full comparison →

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

From

RM 2.4M

W Residence Gurney Bay

Chat with Zac now