Gurney Drive · Subsale Market
Gurney Paragon 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.
Gurney Paragon is a completed freehold condominium in Gurney Drive, Penang, completed in 2011 by Hunza Properties Berhad. It has 264 units. Subsale asking prices currently run about RM900–1290 per sq ft (from roughly RM 2.85M).
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 |
|---|---|---|---|
| All units | 2,810–5,866 | RM2.85M | RM900 |
Zac’s Take
Zac Ong
Gurney Paragon is one of the island's landmark addresses — Hunza Properties' twin residential towers (East 73 units, West 191, 264 in total), freehold, with the residential portion completed in 2011 and the Gurney Paragon Mall opening in 2013.
The headline draw is the direct mall connection — you live above one of Penang's best retail and F&B destinations, on the Gurney waterfront. Subsale asking prices span a wide RM714–1,364 psf depending on tower, floor and whether the unit faces the sea.
My take: this is a blue-chip Gurney address with proven demand and easy tenanting. The spread in psf is real, so unit selection matters a lot here — a well-chosen sea-facing unit is a different asset from a lower city-facing unit at the same building. Tell me your budget and I'll point you at the stacks worth viewing.
Reviews and comparisons
- Gurney Paragon Review 2026 — Living on Top of the Mall
- Best Condos in Gurney Drive Penang 2026 — Every Branded + Sea-View Address, Ranked
- Penang Branded Residences 2026 — What the Name on the Door Actually Buys You
- 1 Persiaran Gurney (PG1) Review 2026 — Freehold on Gurney Drive, 1988 Vintage
- 11 Gurney Drive Penang Review 2026 — 59-Unit Boutique Freehold, Honest Read
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Gurney Paragon 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 Gurney Paragon.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Gurney Paragon is priced within Gurney Drive
At roughly RM900 psf, Gurney Paragon 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
-8%
Area median RM980 psf (all residential)
Building age
15 years
Completed 2011
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 Gurney Paragon 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.
Gurney Paragon price 2026
What Gurney Paragon trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM2.85M – RM6M |
| PSF | RM900 – 1290 |
| Built-up | 2,810 – 5,866 sqft |
| Completed | 2011 |
| Units | 264 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 15 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.
Gurney Paragon for sale & for rent
Asking rents at Gurney Paragon ran from about RM7,000–10,000 a month in September–October 2026, for homes of about 2,810–4,650 sq ft; smaller suites list lower. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Gurney Paragon key facts
- Developer
- Hunza Properties Berhad
- Area
- Gurney Drive, Penang
- Type
- mixed
- Tenure
- freehold
- Completed
- 2011
- Total units
- 264
- Asking PSF
- RM900–1290
- Price from
- RM 2.85M
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
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
- 8 Gurney (The Shore)RM3.48M
Gurney Paragon subsale — common questions
What is the price of Gurney Paragon?
Gurney Paragon runs RM2,850,000 to RM6,000,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM900–1,290 per square foot. Checked 2026-10-12.
Is Gurney Paragon freehold or leasehold?
Gurney Paragon is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at Gurney Paragon?
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 Gurney Paragon?
Asking rents ran from RM7,000 to RM10,000 a month in September–October 2026, for homes of about 2,810–4,650 sq ft; smaller suites list lower. 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 Gurney Paragon completed?
Gurney Paragon was completed in 2011 by Hunza Properties Berhad, so homes here are bought from existing owners.
How big are the homes at Gurney Paragon?
Homes range from about 2,810 to 5,866 sq ft. There are 264 homes in total.
Is the residence connected to Gurney Paragon Mall?
Yes — the residential towers and the mall are one development, so residents have direct access to the mall. This connectivity is the building’s core draw.
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.