Gurney Drive Β· Subsale Market
1 Persiaran Gurney (PG1) Subsale β Gurney Drive, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
1 Persiaran Gurney (PG1) is a completed freehold condominium in Gurney Drive, Penang, completed in 1988. It has 198 units. Subsale asking prices currently run about RM970 per sq ft (from roughly RM 1.15M).
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-09-11.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3 Bedroom Β· 3-Bedroom β 1,579-2,200 sqft | 1,579β2,200 | RM1.15M | ~RM523 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a 1 Persiaran Gurney (PG1) subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Gurney Drive's noise levels, traffic, neighbour mix, and JMC quality are known quantities at 1 Persiaran Gurney (PG1).
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How 1 Persiaran Gurney (PG1) is priced within Gurney Drive
At roughly RM970 psf, 1 Persiaran Gurney (PG1) sits toward the value end of Gurney Drive's condo band (RM750β1800 psf). That usually reflects building age, floor level, or distance from the area's prime frontage β worth checking which, because the first two are negotiable and the third is not.
vs NAPIC median
-1%
Area median RM980 psf (all residential)
Area gross yield
~3.8%
Typical for Gurney Drive condos
Building age
38 years
Completed 1988
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
What to inspect before you commit at 1 Persiaran Gurney (PG1)
- 1.Internal pipes and electrical β For buildings past the ten-year mark, ask for a recent plumbing inspection. Full repiping is a five-figure cost you do not want to discover after VP.
- 2.Waterproofing and ceiling stains β Check bathroom floors, balcony thresholds and the ceiling directly under any upstairs wet area. Old stains that were painted over will reappear.
- 3.Lift modernisation status β Lifts have a service life. Ask whether modernisation has been done or is being planned β it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout β Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation β Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
1 Persiaran Gurney (PG1) price 2026
What 1 Persiaran Gurney (PG1) trades at on the sub-sale market, last checked 2026-09-11.
| Asking from | RM1.15M β RM2.36M |
| PSF | RM970 |
| Built-up | 1,579 β 4,209 sqft |
| Completed | 1988 |
| Units | 198 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
What it actually sold for. Asking RM1,150,000β2,360,000 across 198 units, at a median RM970 psf on the 1,579 sqft three-bedroom. Layouts run to 4,209 sqft, so the top of that band is a different product from the bottom β compare per foot, not per unit.
The building is 38 years old. At this age the questions are the sinking fund, whether the management corporation has done a major refurbishment, and how much lift and waterproofing work is still ahead. Ask for two years of MC accounts before you offer.
A foreign buyer can purchase here β the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3β4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β and if you are near the five-to-six-year line, the date matters more than the price.
1 Persiaran Gurney (PG1) for sale & for rent
Looking to buy or rent a unit in 1 Persiaran Gurney (PG1)? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
1 Persiaran Gurney (PG1) key facts
- Area
- Gurney Drive, Penang
- Type
- condominium
- Tenure
- freehold Β· residential
- Completed
- 1988
- Total units
- 198
- Asking PSF
- RM970
- Price from
- RM 1.15M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on 1 Persiaran Gurney (PG1):
View full 1 Persiaran Gurney (PG1) profile βGurney Drive β area snapshot
Full area guide βGurney 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 β RM 3.5M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
7
completed projects
Total tracked
9
properties in this area
Other projects in Gurney Drive
All 8 others we track here, cheapest first β 1 of them still selling.
- SOHO @ GurneyRM1.34M
- Setia V ResidencesRM1.58M
- Marriott ResidencesRM1.6M
- W Residence Gurney BayRM2.37M
- Sunrise @ GurneyRM2.5M
- 11 Gurney DriveRM2.7M
- Gurney ParagonRM2.85M
- 8 Gurney (The Shore)RM3.48M
1 Persiaran Gurney (PG1) subsale β common questions
What is the price of 1 Persiaran Gurney (PG1)?
Asking RM1,150,000β2,360,000 across 198 units, at a median RM970 psf on the 1,579 sqft three-bedroom. Layouts run to 4,209 sqft, so the top of that band is a different product from the bottom β compare per foot, not per unit.
Is 1 Persiaran Gurney (PG1) freehold or leasehold?
1 Persiaran Gurney (PG1) is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at 1 Persiaran Gurney (PG1)?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers. Add a state levy, a flat 8% stamp duty, and 3β4 months for state consent.
When was 1 Persiaran Gurney (PG1) completed?
1 Persiaran Gurney (PG1) completed in 1988. Units here trade sub-sale.
How big are the units at 1 Persiaran Gurney (PG1)?
Built-ups run 1,579 to 4,209 sq ft. There are 198 units in total.
Is it worth buying an older building like PG1?
You are buying a prime freehold Gurney position and large layouts at a lower psf than new towers. The trade-off is building age β verify the sinking fund, maintenance and any planned major works first. Zac can help review.
More on the neighbourhood:
Gurney Drive area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.