Exsim Waterfront Sdn. Bhd.
Keeperz Suites
The Light Waterfront, Gelugor
From
RM 844K
RM 1744+ PSF · Completion 2030
Tenure
freehold
Title
commercial
Total Units
493
Completion
2030
- From
- RM 844K
- PSF
- RM 1744
- Tenure
- freehold
- Total units
- 493
- Status
- selling
- Completion
- 2030
Price at a glance
Prices as at November 2026 — Developer prices basis. Last checked 2026-10-12. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| Studio/1BR | 484 | RM844,000 | ~RM1,744 |
| Dual-Key | 581 | RM900,000 | ~RM1,549 |
Zac’s Take
Zac Ong
Keeperz Suites is Exsim's freehold serviced residence on the Gelugor waterfront, part of The Light City area: 493 homes, mostly studios of about 484 sq ft and dual-key units of about 581 sq ft, due around 2030.
Prices start from about RM844,000. That's a high entry for small suites, so this is a product for investors more than families.
Every unit is below Penang Island's RM1M foreign-buyer minimum, so it's for Malaysians, PRs and MM2H participants. If you're counting on short-stay income, remember it needs the building's 75% owners' vote and a council licence after handover.
Keeperz Suites price list 2026
2 of 2 unit types have a published price · entry from RM844,000 · completing 2030
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| Studio/1BR | 484 | RM844,000 | ~1,744 | — |
| Dual-Key | 581 | RM900,000 | ~1,549 | — |
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 2026-10-12. Developers reprice between phases — confirm the current list before committing.
Every unit type here sits below the RM1M foreign-buyer minimum, so this project is open to Malaysian and PR buyers only.
Keeperz Suites completion date
Keeperz Suites is expected to complete in 2030.
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
- 2
- Floors
- 21
- Total units
- 493
Facilities
What's nearby
🛍 Shopping
- Queensbay Mall
Monthly Instalment Calculator
Monthly Instalment
RM 3,409
Total Interest
RM 672,193
Total Outlay
RM 1,516,193
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 gelugor
All 16 others we track here, cheapest first — 5 of them still selling.
- Zen6RM565K
- Merione GrandRM693K
- STARK TowerRM700K
- Pearl RegencyRM790K
- The Light LinearRM850K
- The LighthauzRM890K
- Mezzo @ The Light CityRM1M
- Middleton @ Minden HeightsRM1.08M
- The Light Collection IRM1.3M
- The Light Collection IIRM1.45M
- Merione ResidencesRM1.58M
- The Light Collection IVRM1.73M
- The Light PointRM1.8M
- Vilaris Courtyard HomesRM1.86M
- The Light Collection IIIRM1.9M
- Lightwater ResidencesRM2.05M
Gelugor — area snapshot
Full area guide →Gelugor is a central island location close to USM and the Light Waterfront. Infrastructure is established, and The Light Waterfront development has lifted profile significantly.
Price range
RM 565K – RM 2.0M
asking prices in area
Active projects
5
selling or under construction
Subsale condos
11
completed projects
Total tracked
17
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 84,400 |
| SPA stamp duty (tiered 1–4%) | RM 19,320 |
| SPA legal fee | RM 9,690 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 19,320 |
| Loan stamp duty (0.5%) | RM 3,798 |
| Loan agreement legal fee | RM 3,798 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 143,326 |
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 the price of Keeperz Suites?
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Is Keeperz Suites freehold or leasehold?
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Can a foreigner buy at Keeperz Suites?
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When will Keeperz Suites be completed?
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How big are the homes at Keeperz Suites?
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Why buy near USM Gelugor?
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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 844K
Keeperz Suites