Gurney Palace

Gurney Palace (also known as Gurney Palace Condominium) is one of the luxury condominium located along the Gurney Drive seafood promenade. It features a private lift lobby and low density living with only one unit to each floor, with a large build up area for each floor, approximately 4,000 sf of floor space. There are only a total of 28 units at Gurney Palace. Each unit offers a beautiful view fronting the waterfront promenade. The condominium also features modern home security system and CCTV with intercom linked to the guide house. Two parking lots are allocated for each unit.Gurney Palace is one of the well known favorite living place for the upper class. With its super luxurious living at Gurney Drive, Gurney Palace has been designed to revolutionize the concept of elegant lifestyle. It is labeled as a distinctive landmark in Gurney Drive which is being developed to be a prime area with luxurious condominiums and hi-tech shopping centers. Moreover, Gurney Palace is situated just minutes walk to the beach and you can also go to the famous Batu Ferringhi beach with just 15 minutes drive. It is also nearby with other amenities such as medical center, shopping malls, international schools and hotels with lots of local delicacies easily found around that area within walking distance.

Property Details

Name: Gurney Palace (also known as Gurney Palace Condominium)

Address: Jalan Concordia, 10250 Georgetown, Penang

Developer : Pen Properties

Completion Date: 2004

Type: Condominium

Tenure: Freehold

No. of Blocks: 1

No. of Storey: 29

No. of Units: 28

Built-up: 4,000 - 4,400 sf

Maintenance Fee: RM0.20 psf

Subsale Price:

Rental:

Facilities

24 hours security

Covered car park

Gymnasium

Swimming pool

Children pool

Landscape garden

Community hall

Spa

Market Trends

Analysis

Most of the residents at Gurney Palace is retired couples, top senior executives of companies, expatriates, or foreigners. They are attracted by the peaceful surroundings at Gurney Drive beach with good security and maintenance, and also for the location itself, where Gurney Drive is one of the tourist attractions since many years ago because of its famous seafood restaurants which can be found along the stretch of the beach. Also not forgetting the multiple famous local delicacies, which can be found near the Gurney round-about every evening, where locals and tourists crowded the open air eat out area, especially during weekends and public holidays.Another pro side of Gurney Palace is the good reputation received from public for this developer, Pen Properties. The developer has received numerous great testimonials from many of their clients on the remarkable service they have provided over the years, as well as the excellent quality of their featured properties, especially in Penang and other prime locations.However lately, these so-called residential area, Gurney Drive as well as its neighbor Pulau Tikus, have been developed into a commercial center, where some of these 50 years old houses and buildings were turned into some kind of commercial center. Over time, all these transitions have destroyed the valuable culture and heritage of Baba Nyonya in terms of their living traces which were easily found in these famous hot locations some 50-60 years back.Besides that, another problem residing in the area is bad traffic congestion which normally occurs especially during weekends, public and school holidays as lots of tourists, love couples and families crowded along Gurney Drive. The problem now becomes worse as numerous cars are parked on the side of the Gurney Drive. This also results difficulties for residents to enter the entrance. However this issue has been alleviated with the interference of the state police, which summon is given to those vehicles which are not parked in their designated & allowable lots. In recent years, along the Gurney Drive beach, one can find the presence of the amphibious fish and mud skippers which were seen flipping and hopping around the mudflat. This is the end results of human activities, constructions, and lands reclamation, this natural coastline has changed and become a mudflat. The existence of mudflat is an indication of the pollution level for that area, which has turned from bad to worst nowadays.