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confirmed at RM2,370,000 by the owner against the developer price list; a 2024 news article quoting "RM2mil onwards" is superseded.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 September 2026 — Developer prices basis. Last checked 2026-07-29. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,033–3,670 | RM2.37M | ~RM646 |
Zac’s Take
Zac Ong
W Residence Gurney Bay sits opposite Gurney Plaza — 498 hotel-managed units on Penang's most amenity-dense strip. Verdict: worth visiting if you want hospitality-branded short-stay income with a professionally run service layer from day one rather than a local team still finding its feet. Location specifics: Gurney Plaza directly opposite, Gurney Paragon under 10 minutes' walk, Penang Chinese Girls' High School ~1.5km, Island Hospital ~4km, Gleneagles ~5km. That address density is exactly what you're paying for. Structure worth understanding: the residential tower and the hotel operate as separate components, with the hospitality operator running the service standard rather than the developer — that separation is the real reassurance for buyers relying on managed rental income. Unit configuration sweet spot: the 1,033 sqft entry unit is the cleanest investor pick, sitting where the brand-premium PSF still works against achievable short-stay yield. The 3,670 sqft top-tier units are trophy buys with thinner resale liquidity. Target buyer: HK/SG investor wanting managed rental income; MM2H holder using 50% FD utilisation; expat tenant pool buyer. Not for: own-stay families chasing maximum sqft per ringgit — you'd buy considerably more in Tanjung Bungah landed. Genuine concern: hospitality-branded maintenance plus sinking fund runs around RM0.65-0.80 PSF/month, a meaningful drag on net yield. Mitigation: insist on the operator-run rental projection in writing and stress-test it at 80% occupancy, not the headline number. Entry is RM2,370,000 — confirm the current nett price and any rebate structure directly, since headline and nett pricing differ on a project still in its selling phase.
W Residence Gurney Bay price list 2026
0 of 4 unit types have a published price · completing 2028
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| Type C | 1,033 | On application | — | — |
| Type B | 1,324 | On application | — | — |
| Type A | 1,604 | On application | — | — |
| Type D (Penthouse) | 3,670 | On 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 2026-07-29. 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
What's nearby
🏥 Healthcare
- Gleneagles Medical Centre Penang1.5km
🛍 Shopping
- Gurney Paragon Mall500m
- Gurney Plaza800m
💎 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
Other projects in gurney drive
All 8 others we track here, cheapest first — all trading sub-sale.
- 1 Persiaran Gurney (PG1)RM1.15M
- SOHO @ GurneyRM1.34M
- Setia V ResidencesRM1.58M
- Marriott ResidencesRM1.6M
- Sunrise @ GurneyRM2.5M
- 11 Gurney DriveRM2.7M
- Gurney ParagonRM2.85M
- 8 Gurney (The Shore)RM3.48M
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 1.1M – 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.
| Downpayment | RM 237,000 |
| SPA stamp duty (tiered 1–4%) | RM 78,800 |
| SPA legal fee | RM 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 fee | RM 10,665 |
| Valuation fee | RM 3,500 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 442,640 |
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 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
How much is W Residence Gurney Bay Penang per square foot in 2026?
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Is W Residence Gurney Bay Penang freehold?
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Can I rent out my W Residence Gurney Bay unit on Airbnb?
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What is the maintenance fee at W Residence Gurney Bay Penang?
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When will W Residence Gurney Bay Penang be completed?
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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 2.4M
W Residence Gurney Bay