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.

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

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

Any update or new info regarding this project??

Bravo Gurney Penang.

http://www.kwongwah.com.my/news/2011/11/15/4.html

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

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.

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

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….

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

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….

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.

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

~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
012-4105400
Irealty Agency

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.

y2kwah@me.com

@y2kwah

Are you a property agent ?

@Rb

Yes, are you owner?

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?

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

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

@ko
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.

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

@Kweh chiew Oon
Hi are you still looking for a unit ?

any good unit available for sales now