Gurney Drive · Subsale Market
8 Gurney (The Shore) Subsale — Gurney Drive, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
8 Gurney (The Shore) is a completed freehold condominium in Gurney Drive, Penang, completed in 2013 by Pulau Ceria Sdn Bhd (CA+ Group). It has 90 units. Subsale asking prices currently run about RM463–655 per sq ft, with the typical unit asking around RM 5.50M (from roughly RM 3.48M).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-12.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3 Bedroom · 3-Bedroom Sky Villa — 5,800-6,500 sqft | 5,800–6,500 | RM3.48M | ~RM600 |
Zac’s Take
Zac Ong
8 Gurney — better known as The Shore — is one of the lowest-density seafront addresses on Gurney Drive: 90 units across 38 floors, freehold, completed 2013. The units are large, which is why the psf spread (RM354–798) looks low against a RM3.28M-plus entry — you're buying serious floor area with a direct Gurney seafront position.
My take: this is trophy Gurney stock for a buyer who wants space, privacy and a front-row waterfront address over an amenity-heavy tower. At 90 units, good ones are rare — tell me your size and floor and I'll flag listings as they surface.
Reviews and comparisons
- 8 Gurney (The Shore) Review 2026 — 90 Units on the Seafront
- What £500K, £750K and £1M Buy in Penang in 2026 — A UK Buyer's Guide to the Market
- Andaman @ Quayside vs Setia V Residences 2026 — E&O Masterplan or SP Setia Premium?
- Silverton Condominium Review 2026 — 4,100 Sq Ft on Gurney Drive for About the Price of a Decade Ago
- Best Condos in Gurney Drive Penang 2026 — Every Branded + Sea-View Address, Ranked
- Shorefront Residences Penang Review 2026 — YTL's Low-Rise Homes on the George Town Seafront
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a 8 Gurney (The Shore) subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Gurney Drive's noise levels, traffic, neighbour mix, and JMC quality are known quantities at 8 Gurney (The Shore).
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How 8 Gurney (The Shore) is priced within Gurney Drive
At roughly RM463 psf, 8 Gurney (The Shore) sits toward the value end of Gurney Drive's condo band (RM660–1870 psf). That usually reflects building age, floor level, or distance from the area's prime frontage — worth checking which, because the first two are negotiable and the third is not.
vs NAPIC median
-53%
Area median RM980 psf (all residential)
Building age
13 years
Completed 2013
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
5 things to check before signing the 8 Gurney (The Shore) SPA
- 1.Sinking fund health — Confirm the current balance and whether any special assessment is pending in the next 12 months. A thin sinking fund on an ageing building means you inherit the bill.
- 2.Last 3 maintenance billings — Verify payment is up to date and no dues are outstanding from the seller — arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) — Look for recurring complaints, structural concerns, or planned major works. This is the single most revealing document most buyers never ask for.
- 4.Common-area condition — Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning — it is negotiation leverage.
- 5.Management track record — Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.
8 Gurney (The Shore) price 2026
What 8 Gurney (The Shore) trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM3.48M – RM7M |
| PSF | RM463 – 655 |
| Built-up | 5,800 – 10,897 sqft |
| Completed | 2013 |
| Units | 90 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 13 years old. Old enough that the sinking fund and the state of common property matter more than the finishes. Ask for the MC accounts and the last AGM minutes — arrears across the building are the number that predicts your future maintenance bill.
A foreign buyer can purchase here — the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
8 Gurney (The Shore) for sale & for rent
Asking rents at 8 Gurney (The Shore) ran from about RM9,200–15,000 a month in September–October 2026, for five-bedroom homes; penthouses list higher. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
8 Gurney (The Shore) key facts
- Developer
- Pulau Ceria Sdn Bhd (CA+ Group)
- Area
- Gurney Drive, Penang
- Type
- condominium
- Tenure
- freehold · residential
- Completed
- 2013
- Total units
- 90
- Asking PSF
- RM463–655
- Price from
- RM 3.48M
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 1.3M – RM 2.9M
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 — 1 of them still selling.
- Sunrise @ GurneyRM1.25M
- 1 Persiaran Gurney (PG1)RM1.4M
- Setia V ResidencesRM1.58M
- Marriott ResidencesRM1.6M
- Silverton CondominiumRM2.25M
- W Residence Gurney BayRM2.37M
- 11 Gurney DriveRM2.7M
- Gurney ParagonRM2.85M
8 Gurney (The Shore) subsale — common questions
What is the price of 8 Gurney (The Shore)?
8 Gurney (The Shore) runs RM3,480,000 to RM7,000,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM463–655 per square foot. Checked 2026-10-12.
Is 8 Gurney (The Shore) freehold or leasehold?
8 Gurney (The Shore) is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at 8 Gurney (The Shore)?
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.
How much is the rent at 8 Gurney (The Shore)?
Asking rents ran from RM9,200 to RM15,000 a month in September–October 2026, for five-bedroom homes; penthouses list higher. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was 8 Gurney (The Shore) completed?
8 Gurney (The Shore) was completed in 2013 by Pulau Ceria Sdn Bhd (CA+ Group), so homes here are bought from existing owners.
How big are the homes at 8 Gurney (The Shore)?
Homes range from about 5,800 to 10,897 sq ft. There are 90 homes in total.
More on the neighbourhood:
Gurney Drive area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.