Innovative and towering, 11 Gurney Drive in Persiaran Gurney, Penang is a luxury condominium to behold. It is a development project by Ikatan Awana, the same developer responsible for other innovative projects including Sri York Condominium, Riana Green and Sri Pangkor. The freehold condominium was completed back in 2007 injecting more energy to the already vibrant and sought-after promenade in Penang.
Neighbouring 11 Gurney Drive are other upmarket condos including Mayfair Condominium, Icon Residences and Wisma Duke. This only goes to show that the location is primed and poised to cater to the high earning demographics.
Ultra Exclusive Choices
With unsurpassed exclusivity in mind, 11 Gurney Drive only has 59 units available. All of these exquisitely spacious and modern condos are sprawled across the 34-storey block following a low density. Privacy, therefore, is the name of the game and a main selling point for the development. There are only 2 units per floor with 3 lifts serving each floor.
Two types of layouts are available to choose from. Type A is the bigger unit measuring 4,198 sq.ft. and featuring 4+1 bedrooms and 5 bathrooms. Another option is Type B with built-up of 3,466 sq.ft. and comes with 3+1 bedrooms.
Given its size and enviable location, expect a hefty price tag. And it is because 11 Gurney Drive’s subsale starts from a whopping RM2 million to RM4.5 million. Rental rate, on the other hand, is set from RM7,000 to RM13,000. And if you wish to double check on these figures, whether they’re fair or not, feel free to use our free valuation guide right here.
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Impressive Collection of Facilities
Pulling all the stops to meet today’s generation’s demands, the condominium allotted 4 levels to house an extensive collection of facilities. Within level 1 are features such as the reading lounge, baggage room, mail room and car washing bays amongst others. Move up to level 2 to enjoy squash court and cocktail terrace. Also within this floor are the management office (in case of inquiries or complaints) and the conference with WIFI access.
Topping it all off are the level 3 nd 4 lifestyle and practical amenities which include:
> swimming pool
> barbecue area
> games room
> multi-function/music room
> sun & seaview decks
> children’s playground
> laundry room
> shower rooms
> poolside timber deck
> 24-hour security
Penang’s Famous Promenade
Seeing that this is in Gurney Drive, residents are conveniently close to a myriad of amenities. This brings convenience to the next level especially with schools, shopping malls, hospitals and other amenities within reach in just minutes. Gurney Plaza and Island Plaza, for instance, can provide retail therapy. Medically, the Adventist Hospital is nearby and as for schools, there are the St. Nicholas, Convent Pulau Tikus and Penang Chinese High School.
Keeping the condominium connected to the rest of Penang and more amenities are major roads including Kelawai, Tanjong Tokong and Bagan Jermal. Public transport is also available thourhg Rapid Penang buses and taxis.
Our Two Cents Worth
If unparalleled exclusivity is what you’re looking for, 11 Gurney Drive is the ideal choice. For one, you only have one neighbour in your floor and each unit is generously spacious to fit every member of the household comfortably. Even if Persiaran Gurney Drive is becoming denser by the year, affluent investors and buyers can still retreat in peace through 11 Gurney Drive. Part of the deal of living in this ultra popular promenade, however, is traffic congestion. Expect to get stuck in traffic during peak hours. On the plus side, many of the amenities are easily reached by foot so that’s one way to deal with the plague of congestion.
To date, it remains one of developments in the area to enjoy steady interests from expats and international investors. If that’s any indication then it puts 11 Gurney Drive in a sweet spot for appreciation. To know more about the property and its fair market value, grab our free ebook guide below.