Gurney Paragon

January 1st, 2010 Leave a comment

Gurney Paragon is a freehold land, measuring 10.21 acres, being the latest addition to Hunza Properties Berhad’s landbank is strategically located in one of the most prestigious and established addresses along Penang’s renowned promenade – the Gurney Drive. It has the frontages of both Gurney Drive and Jalan Kelawai.

The proposed integrated development in this famous tourist attraction landmark comprises 2 blocks of high-end condominiums and a shopping mall of more than 1 million sq ft retail space which will be built around the St Joseph’s Novitiate, a heritage masterpiece. St Joseph’s Novitiate is under proposal to transform to its original outlook and shall house boutique retailers and restaurants.

Location : Gurney Drive, Penang
Property Type : Condominium
Tenure : Freehold
No. of Blocks : 2
Total Units : 73 (East Tower), 191 (West Tower)
Units per Floor : 2 (East Tower), 4 (West Tower)
Built-up Area : approx. 2,810 – 4,629 sq.ft.
Developer : Hunza Properties

Categories: Gurney Drive, Property News Tags:
  1. BB
    August 7th, 2011 at 09:10 | #1

    This project is built above the marine clay. The project has actually caused the nearby road to sink by 1.2m (even it’s fixed now). But when come to think about staying at this super condo long term, it’s a bit scary as don’t know either the land below the condo will sink one day.

  2. Po
    August 9th, 2011 at 00:33 | #2

    Thanks for this . My friend from China would like to buy. Tell him not to.

  3. ThinkTwice
    August 24th, 2011 at 15:47 | #3

    BB, you are right.. but mostly of the buyers dont care about it.. i hope one day it really gone lolx

  4. propertyfreak
    September 9th, 2011 at 10:53 | #4

    Any update or new info regarding this project??

  5. penang
    November 15th, 2011 at 22:57 | #5

    Bravo Gurney Penang.

  6. Goppal
    December 22nd, 2011 at 17:35 | #6

    No building rests on soil guys….. it rests on thorough pile works…. and the pile rests on the hardest layer of earth deep inside…..

  7. Ishihara
    April 15th, 2012 at 15:58 | #7

    Brace for the big one – New Straits Times

    KUALA LUMPUR: MALAYSIANS should brace themselves for the possibility of a major
    earthquake closer to the nation’s shores as scientists predict the occurrence of
    a massive one in the region of Padang, Sumatra, at “any time”.

    The giant temblor is expected to wipe out the entire Padang province and
    underscores the urgent need to ensure buildings in this country are structurally
    strong enough to withstand the tremors.
    “It can occur at any time now or in years to come. We are worried because Padang
    is closer to us. The recent Aceh earthquake was quite far away, about 800km from
    Penang. But if it occurs in Padang, it’s only about 300km from Kuala Lumpur,”
    Malaysian Meteorological
    Department senior director Dr Mohd Rosaidi Che Abas told the New Sunday Times.

    “If it has the same magnitude of 8.5, the tremors will be strongly felt here.”
    He said increased seismic activity in the region caused by recent major
    earthquakes, including Wednesday’s 8.6-magnitude earthquake which hit Aceh and
    the aftershocks, were adding to the stress along sections of the subduction
    zone, especially the Padang fault line, which sits where the Indo-Australian
    plate meets the Eurasian plate.

    Rosaidi said seismologists were now worried about the Padang fault line as it
    was “already due” and last Wednesday’s earthquake could increase the pressure
    along it and speed up the occurrence of an earthquake.
    “We worry that there may be a segment where the energy has not been released yet
    and the recent earthquakes may put additional pressure on it. Once it has
    accumulated enough energy, it will be released as a bigger earthquake.”

    Scientists believe that the build-up of stress in the area, which has been going
    on for more than 200 years, can cause a major earthquake and a tsunami which
    could wipe out the whole of Padang.

    On Friday, Reuters quoted the director of the Earth Observatory of Singapore
    Kerry Sieh as saying that Wednesday’s earthquake was a “once-in-2,000-years
    event” and it increased the risks of a killer quake in the region.
    Sieh said that although Wednesday’s quake caused only a few casualties and
    triggered small waves, the main problem was that it would have increased stress
    on the plate boundaries near Aceh, increasing risks of another major earthquake
    in the same area as the 2004 disaster.

  8. bhloy
    April 15th, 2012 at 16:56 | #8

    looks kinda serious boy! prices of on going HE condo projects in Penang will be effected, starting with E&O!

  9. Goppal
    May 31st, 2012 at 22:10 | #9

    must start incorporating anti-earthquake technology in all highrise buildings… this is important… springtide residences has that feature as it is super tall and near the beach….

  10. penang
    July 29th, 2012 at 14:37 | #10

    I can’t wait to see the Gurney Paragon Mall opening…..Sure must be very happening place to hang out.

  11. jackie
    September 1st, 2012 at 14:35 | #11

    why need to incorporated anti-earth quake tech since there is no earth quake even in the future…waste money and incurred even more expensive price..
    should install more sensor to sense the tsunami prediction…

    Ya, gurney area would be continuing growing….

  12. 123 Property
    January 20th, 2013 at 15:34 | #12

    From what I know, Setia V Residences is incorporating earthquake shock resistance to prevent cracks on the building, it is a preventive measure as we in Penang could feel the tremor from Indonesia especially the last earthquake which cause panic in Gurney Drive, Straits Quay, 1st Avenue and all around Penang.

  13. skytan
    March 6th, 2013 at 18:20 | #13

    hi there i’m agent from RINA properties… i hv buyer looking for this property ….any recomem or unit for sale? welcome co-broke …0175747177

  14. Goh
    December 8th, 2013 at 11:48 | #14

    ~Gurney Paragon For Sale~

    2810sf -3.25mil Onwards
    3132sf -2.7mil Onwards
    3158sf -2.8mmil Onwards
    4586sf -3.75mil Onwards

    Few Unit For Sale
    Key With Me

    For Viewing Pls Call Mr Goh
    Irealty Agency

  15. y2kwah
    January 12th, 2014 at 11:01 | #15

    Dear Owners,
    I’ve group of investor (8-15 person) coming to Penang soon. They are interested in buying Gurney Paragon. Kindly email your unit’s details including photos to me if you wish to sell your unit within this few weeks. Thanks.

  16. Rb
    January 12th, 2014 at 13:09 | #16


    Are you a property agent ?

  17. y2kwah
    January 14th, 2014 at 11:50 | #17


    Yes, are you owner?

  18. Ed
    May 19th, 2014 at 00:51 | #18

    Hi, anyone knows what’s the latest transacted price Gurney Paragon? I heard 7th floor west tower was transacted recently at RM2.95m. Is this correct?

  19. penang_kia
    August 24th, 2015 at 14:04 | #19

    Hi all, got idea how much one has to earn per month to be able to afford this property?

  20. ko
    August 24th, 2015 at 15:40 | #20

    penang_kia :
    Hi all, got idea how much one has to earn per month to be able to afford this property?

    assuming can take 35yrs of loan with no other debts

    25k/mth salary can buy a 3m ppty

  21. penang_kia
    August 24th, 2015 at 17:07 | #21

    Don’t think I can afford this at all haha. My salary is nowhere near even half that 25k figure. Thanks for the info and sharing. :)

  22. Kweh chiew Oon
    August 26th, 2016 at 10:10 | #22

    Any available units for sales or rent as 26-8-2016 ?

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