Gurney Drive · Subsale Market
Marriott Residences 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.
Marriott Residences is a completed freehold condominium in Gurney Drive, Penang, completed in 2023 by Taman Sri Bunga S.B. (BSG Property). It has 294 units. Subsale asking prices currently run about RM1837–2634 per sq ft (from roughly RM 1.60M). Note: it sits on commercial title, so utilities may be billed at commercial rates.
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 | 871–3,134 | RM1.6M | RM1,837 |
Zac’s Take
Zac Ong
Marriott Residences Gurney is the Marriott-flagship play on the Kelawai/Gurney area — 302 hotel-branded units sitting roughly opposite Gurney Plaza, developed by BSG Property under licence to Marriott International. Verdict: worth visiting if you want hospitality-managed STR income with a globally recognised brand on the door. Not for own-stay families chasing maximum sqft per ringgit. The Gurney area LRT alignment is still proposed — drive-dependent for now. Developer track record: BSG Property is the long-time owner of the Gurney site and has held this land bank patiently — that patience matters for a branded launch (no rushed product). Marriott International runs the operational SOP, so the service standard you get on day one is the Marriott standard, not a learning-curve local team. Unit configuration sweet spot: the 1,200-1,400 sqft 3-bedroom — large enough to live in, small enough that the brand-premium PSF doesn't compound past sensible. The 850 sqft 2-bed is the investor unit (cleanest rental yield), the 2,500 sqft penthouses are the trophy buy that's hardest to resell. Target buyer: HK/SG investor who wants hospitality-managed rental income plus Marriott Bonvoy crossover, or MM2H holder with a 50% FD utilisation play. Not for: own-stay family who'd rather buy 2,500 sqft of landed in Tanjung Bungah for similar money. Genuine concern: maintenance fee will land around RM0.60-0.75 PSF/month (hospitality-branded standard) — on a 1,200 sqft unit that's RM800-900/month before sinking fund. Mitigation: if you commit to the operator-run rental programme, the income covers maintenance comfortably in tourist season; do the math at booking and don't sign if rental projection feels stretched.
Reviews and comparisons
- Marriott Residences Penang Review 2026 — Gurney Drive Branded Freehold, Honest Read
- Andaman @ Quayside vs Marriott Residences 2026 — Two Completed Seafronts, Very Different Decisions
- Marriott Residences vs Setia V Residences — Branded Prestige vs Established Prestige on Gurney Drive
- W Residence Gurney Bay vs Marriott Residences Penang — Which Is Actually Worth Its Premium?
- Andaman @ Quayside vs Setia V Residences 2026 — E&O Masterplan or SP Setia Premium?
- Andaman @ Quayside vs W Residence Gurney Bay 2026 — Which One Should You Actually Buy?
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Marriott Residences 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 Marriott Residences.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Marriott Residences is priced within Gurney Drive
At roughly RM1837 psf, Marriott Residences prices toward the upper end of Gurney Drive's condo band (RM660–1870 psf). Expect to justify that with something concrete: sea view, low density, branded management, or a genuinely superior position within the area.
vs NAPIC median
+87%
Area median RM980 psf (all residential)
Building age
3 years
Completed 2023
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.
Before you sign at Marriott Residences — the commercial-title checks
- 1.Utility tariff in practice — Commercial title usually means commercial TNB and water rates. Ask current owners what they actually pay monthly, not what the brochure implies.
- 2.Financing margin — Some banks cap loan-to-value lower on commercial-title residential units. Get an in-principle approval before you pay a booking fee.
- 3.Short-stay house rules — Serviced-apartment does not automatically mean Airbnb is allowed. Read the current house rules — management can and does restrict short-stay letting.
- 4.Resale buyer pool — Commercial title narrows who can buy from you later. Make sure the entry price reflects that, not just the location.
- 5.Maintenance rate per sq ft — Compare the psf maintenance charge against nearby residential-title blocks. On big units the annual gap is meaningful.
Marriott Residences price 2026
What Marriott Residences trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM1.6M – RM7M |
| PSF | RM1837 – 2634 |
| Built-up | 871 – 3,134 sqft |
| Completed | 2023 |
| Units | 294 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 3 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.
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.
Marriott Residences for sale & for rent
Asking rents at Marriott Residences ran from about RM4,300–8,500 a month in September–October 2026, mostly for two-bedroom homes of about 850–960 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Marriott Residences key facts
- Developer
- Taman Sri Bunga S.B. (BSG Property)
- Area
- Gurney Drive, Penang
- Type
- mixed
- Tenure
- freehold · commercial
- Completed
- 2023
- Total units
- 294
- Asking PSF
- RM1837–2634
- Price from
- RM 1.60M
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
- Silverton CondominiumRM2.25M
- W Residence Gurney BayRM2.37M
- 11 Gurney DriveRM2.7M
- Gurney ParagonRM2.85M
- 8 Gurney (The Shore)RM3.48M
Marriott Residences subsale — common questions
What is the price of Marriott Residences?
Marriott Residences runs RM1,600,000 to RM7,000,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM1,837–2,634 per square foot. Checked 2026-10-12.
Is Marriott Residences freehold or leasehold?
Marriott Residences is freehold, on a commercial title. Those are two separate facts and only the first usually appears in marketing. A commercial title means commercial utility and assessment tariffs, and a tighter loan margin at most banks.
Can a foreigner buy at Marriott Residences?
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 Marriott Residences?
Asking rents ran from RM4,300 to RM8,500 a month in September–October 2026, mostly for two-bedroom homes of about 850–960 sq ft. 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 Marriott Residences completed?
Marriott Residences was completed in 2023 by Taman Sri Bunga S.B. (BSG Property), so homes here are bought from existing owners.
How big are the homes at Marriott Residences?
Homes range from about 871 to 3,134 sq ft. There are 294 homes in total.
Is Marriott Residences Penang a good investment?
For hospitality-managed STR income with a globally recognised operator on the door, yes — Marriott Bonvoy crossover and operator-run rental programmes are real advantages. The headline risk is maintenance fee compounding; do the rental-yield math before signing.
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.