Sunrich Capital Sdn Bhd (GSD Land)
G'Vinton
Jalan Sultan Ahmad Shah (Northam Road), George Town
From
RM 596K
RM 1500+ PSF · Completion 2028
Tenure
freehold
Title
Commercial (HDA)
Total Units
508
Completion
2028
- From
- RM 596K
- PSF
- RM 1500
- Tenure
- freehold
- Total units
- 508
- Status
- under construction
- Completion
- 2028
Price at a glance
Prices as at September 2026 — Developer prices basis. Last checked 2026-08-30. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| B · Type B | 387 | RM596,000 | ~RM1,540 |
| A · Type A | 474 | RM685,000 | ~RM1,445 |
| Duplex | 1,356 | RM2.19M | ~RM1,615 |
Zac’s Take
Zac Ong
G’Vinton sits on Jalan Sultan Ahmad Shah (Northam Road) in George Town — freehold, on a commercial (HDA) title built for legal short-stay, a single 39-storey tower of 508 serviced suites by Sunrich Capital (a GSD Land subsidiary), semi-fitted by Chi Designs, on 1.14 acres.
The layouts are tight and investor-shaped: Type B at 387 sqft (from RM596,000, about RM1,540 psf), Type A at 474 sqft (from RM685,000), and 1,356 sqft duplexes at the top. Entry sits below the RM1,000,000 island foreign-buyer threshold, so the smaller suites are a local or PR play unless you size up.
The pitch is hands-off income: the suites are run as managed serviced accommodation by a panel operator, and the developer markets projected net returns up to 7.85% on Type A and around 7.05% on Type B — on roughly 80% occupancy, RM250–320 a night and a 70% owner profit share. Treat that as a projection, not a promise: it only begins after Q3 2028 handover, and it lives or dies on occupancy and nightly rates no one can guarantee three years out.
My honest take: commercial-HDA stock in the Georgetown core genuinely built for legal short-stay is scarce, and the sub-RM600k entry into that submarket is the real draw. The catch is that you are buying off-plan into an operator-dependent income story — the freehold address is solid, the returns are a forecast. Ask me which stack faces the sea and Gurney cleanly; there is a view premium that is not in the price list.
Unit Types
Type B suite
387 sqft · 1 bed · 1 bath
RM 596K
📲 Register InterestType A suite
474 sqft · 1 bed · 1 bath
RM 685K
📲 Register InterestDuplex
1356 sqft · 2 bed · 2 bath
RM 2.19M
📲 Register InterestG'Vinton price list 2026
3 of 3 unit types have a published price · entry from RM596,000 · 508 units total · completing 2028
| Type | Size (sqft) | Price from | PSF (derived) | Units | Foreign buyer |
|---|---|---|---|---|---|
| BType B | 387 | RM596,000 | ~1,540 | 388 | Below RM1M |
| AType A | 474 | RM685,000 | ~1,445 | 106 | Below RM1M |
| Duplex | 1,356 | RM2.19M–RM2.219M | ~1,615 | 14 | Eligible |
PSF is derived, not quoted — each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.
Developer price — the project has not completed, so there is no resale market to compare against, last checked 2026-08-30. Developers reprice between phases — confirm the current list before committing.
Foreign buyers must clear RM1M per unit (Penang island floor), then pay a state levy and a flat 8% stamp duty on top. See the true cost of buying as a foreigner.
⚠Commercial title with HDA — Airbnb permission per developer house rules.
G'Vinton completion date
G'Vinton is expected to complete in 2028. It is under construction now.
Read that as the developer's target, not a guarantee. What matters contractually is the vacant possession date in your SPA — 36 months from the sale and purchase agreement for a strata title under the Housing Development Act, with liquidated damages payable if the developer misses it. A launch year quoted in marketing and the VP date you can enforce are different things, so check the SPA schedule before you plan a move-in or a tenancy.
Building specifications
- Blocks
- 1
- Floors
- 39
- Total units
- 508
- Maint. fee
- RM0.55/sqft
Facilities
What's nearby
🏥 Healthcare
- Island Hospital2.0km
- Gleneagles Hospital Penang1.5km
- Loh Guan Lye Specialists Centre2.0km
🎓 Schools
- Convent Pulau Tikus1.0km
- St Xaviers Institution1.0km
- Penang Chinese Girls High School1.5km
- KDU University College Penang2.0km
🛍 Shopping
- Gurney Paragon1.0km
- Gurney Plaza1.0km
- Penang Times Square2.0km
🏗️ Construction Updates
2026-04
Structure progressing per April 2026 site visit. On track for 2026 completion.
Monthly Instalment Calculator
Monthly Instalment
RM 2,407
Total Interest
RM 474,676
Total Outlay
RM 1,070,676
Estimates only — not an offer, quotation, or representation of the developer's actual pricing or package. Actual instalments depend on the bank's approved rate, tenure and margin of financing.
📲 Discuss financing options with ZacOther projects in georgetown
All 8 others we track here, cheapest first — 3 of them still selling.
- Scott @ LoganRM436K
- Ladison ResidenceRM500K
- Tropicana 218 MacalisterRM580K
- 22 MacalisterzRM580K
- Noordinz SuitesRM683K
- Beacon Executive SuitesRM730K
- Lumina ResidenceRM1.03M
- Shorefront ResidencesRM2.75M
Georgetown — area snapshot
Full area guide →Georgetown is the UNESCO World Heritage City and Penang's urban core. Heritage shophouses and modern serviced suites coexist; buyer profiles range from heritage lovers to city professionals.
Price range
RM 436K – RM 2.8M
asking prices in area
Active projects
3
selling or under construction
Subsale condos
5
completed projects
Total tracked
9
properties in this area
Total Cost Breakdown
Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 59,600 |
| SPA stamp duty (tiered 1–4%) | RM 11,880 |
| SPA legal fee | RM 7,210 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 11,880 |
| Loan stamp duty (0.5%) | RM 2,682 |
| Loan agreement legal fee | RM 2,682 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 98,934 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates only, based on 2026 Penang state rules — not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
What is G’Vinton?
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Is G’Vinton freehold?
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How much does G’Vinton cost?
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Can foreigners buy G’Vinton?
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What returns does G’Vinton project?
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When is G’Vinton completed?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 596K
G'Vinton