penangproperty

Gurney Drive · Subsale Market

SOHO @ Gurney Subsale — Gurney Drive, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.

SOHO @ Gurney is a completed freehold SOHO development in Gurney Drive, Penang, completed in 2016 by Primo Corporation Sdn. Bhd.. It has 391 units. Subsale asking prices currently run about RM1531–1599 per sq ft (from roughly RM 800K). Note: it sits on commercial title, so utilities may be billed at commercial rates.

Available Listings

No listings currently on file. Zac may have off-market units available.

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Why buy a SOHO @ Gurney 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 SOHO @ Gurney.

Established maintenance

Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.

5 things to check before signing the SOHO @ Gurney SPA

  1. 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
  2. 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
  3. 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
  4. 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
  5. 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.

SOHO @ Gurney key facts

Developer
Primo Corporation Sdn. Bhd.
Area
Gurney Drive, Penang
Type
SOHO
Tenure
freehold · commercial
Completed
2016
Total units
391
Asking PSF
RM1531–1599
Price from
RM 800K

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on SOHO @ Gurney:

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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 1.4MRM 3.3M

asking prices in area

Active projects

1

selling or under construction

Subsale condos

7

completed projects

Total tracked

9

properties in this area

SOHO @ Gurney subsale — common questions

Where is SOHO @ Gurney located?

SOHO @ Gurney is in Gurney Drive, Penang, developed by Primo Corporation Sdn. Bhd. and completed in 2016.

Is SOHO @ Gurney freehold or leasehold?

SOHO @ Gurney is freehold with commercial title.

How much is a SOHO @ Gurney unit?

Subsale asking prices at SOHO @ Gurney start from roughly RM 800K (about RM1531–1599 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.

What's the typical asking price for a SOHO @ Gurney subsale unit?

Subsale asking prices at SOHO @ Gurney vary by unit floor, view, and renovation level. The most accurate current figures come from active listings — WhatsApp Zac for the live shortlist with prices and floor plans for available units.

Is SOHO @ Gurney a good buy in the subsale market?

SOHO @ Gurney in Gurney Drive is a completed building, which means immediate occupancy, verifiable neighbour quality, established maintenance fees, and a known JMC track record. The case for subsale here is no construction risk and a proven location — versus paying a new-launch premium for an unbuilt unit.

What should I check before signing a subsale SPA at SOHO @ Gurney?

Five things to verify: (1) sinking fund health and any pending special assessments, (2) last 3 maintenance billings and how strict collection is, (3) JMC meeting minutes for the last 12 months, (4) common-area condition (pool, lifts, lobbies), (5) structural age of internal pipes (especially for buildings 10+ years old). Ask the listing agent to provide these as part of the offer process.

Can foreigners buy a SOHO @ Gurney subsale unit?

Yes, subject to Penang state minimums (RM 1,000,000 for stratified properties on Penang Island; RM 600,000 on the mainland) and state consent (typically 2-4 months processing). MM2H holders are treated the same as other foreign buyers for property purchase rules.

How long does a subsale purchase at SOHO @ Gurney take?

Typical timeline: 2-3 weeks from offer acceptance to SPA signing, then 3 months to completion (90-day SPA period). Faster than a new launch because no construction wait. Plan for stamp duty + legal fees (~3-4% of purchase price) at completion.

More on the neighbourhood:

Gurney Drive area guide — schools, transport, PSF, lifestyle scorecard →

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