Gurney Drive · Subsale Market
Sunrise @ Gurney 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.
Sunrise @ Gurney is a completed freehold SOHO development in Gurney Drive, Penang, completed in 2016 by Primo Corporation Sdn. Bhd.. It has 78 units. Subsale asking prices currently run about RM1400–1870 per sq ft (from roughly RM 1.25M). 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 2026-10-04.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 794–980 | RM1.25M | RM1,400 |
Zac’s Take
Zac Ong
Sunrise @ Gurney is a freehold block of duplex SOHO units just off Gurney Drive, completed in 2016 by Primo Corporation. The units are compact, about 794 to 980 sq ft over two levels, many with sea views, and resale asking prices run from about RM1.25M to RM1.9M, roughly RM1,400–1,870 per sq ft.
It suits a buyer who wants a stylish, lock-up-and-leave base on Gurney, or a live-work space, rather than a family home.
The catch is the title: SOHO units sit on commercial title, which means commercial utility rates and tighter loan terms at most banks. Short-term letting isn't an option on Penang Island under the 2026 homestay by-law. Foreign buyers can purchase units priced at RM1M or more.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Sunrise @ Gurney 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 Sunrise @ Gurney.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Sunrise @ Gurney is priced within Gurney Drive
At roughly RM1400 psf, Sunrise @ Gurney sits mid-band for Gurney Drive (RM660–1870 psf). This is the range where unit-specific factors — floor, view, renovation, facing — matter more than the address itself when you negotiate.
vs NAPIC median
+43%
Area median RM980 psf (all residential)
Building age
10 years
Completed 2016
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 Sunrise @ Gurney — 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.
Sunrise @ Gurney price 2026
What Sunrise @ Gurney trades at on the sub-sale market, last checked 2026-10-04.
| Asking from | RM1.25M – RM1.9M |
| PSF | RM1400 – 1870 |
| Built-up | 794 – 980 sqft |
| Completed | 2016 |
| Units | 78 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. 2026 portal listings about RM1.25M–1.9M. Unit sizes 794–980 sq ft per PropertyGuru building page; iProperty building page cites a median of about RM1,870 psf.
The building is 10 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.
Sunrise @ Gurney for sale & for rent
Asking rents at Sunrise @ Gurney ran from about RM2,500–4,500 a month. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Sunrise @ Gurney key facts
- Developer
- Primo Corporation Sdn. Bhd.
- Area
- Gurney Drive, Penang
- Type
- SOHO
- Tenure
- freehold · commercial
- Completed
- 2016
- Total units
- 78
- Asking PSF
- RM1400–1870
- Price from
- RM 1.25M
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 1.4M – 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.
- 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)RM3.48M
Sunrise @ Gurney subsale — common questions
What is the price of Sunrise @ Gurney?
2026 portal listings about RM1.25M–1.9M. Unit sizes 794–980 sq ft per PropertyGuru building page; iProperty building page cites a median of about RM1,870 psf.
Is Sunrise @ Gurney freehold or leasehold?
Sunrise @ Gurney 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 Sunrise @ Gurney?
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 Sunrise @ Gurney?
Asking rents ran from RM2,500 to RM4,500 a month. 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 Sunrise @ Gurney completed?
Sunrise @ Gurney was completed in 2016 by Primo Corporation Sdn. Bhd., so homes here are bought from existing owners.
How big are the homes at Sunrise @ Gurney?
Homes range from about 794 to 980 sq ft. There are 78 homes in total.
Is Sunrise @ Gurney a condo or SOHO?
It is a duplex-SOHO development (small-office/home-office layouts) on commercial title, not a standard residential condo — developed by Primo Corporation, completed in 2016. Freehold.
What does commercial title mean here?
Utilities may be billed at commercial rates and financing terms can differ from residential. It also enables flexible SOHO/live-work usage. Ask Zac for the practical cost implications.
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.