Exsim Waterfront Sdn. Bhd.
Keeperz Suites
The Light Waterfront, Gelugor
From
RM 844K
RM 1045– PSF · Completion 2030
Tenure
freehold
Title
commercial
Total Units
493
Completion
2030
- From
- RM 844K
- PSF
- RM 1045
- Tenure
- freehold
- Total units
- 493
- Status
- selling
- Completion
- 2030
Zac’s Take
Zac Ong
Keeperz Suites is a 493-unit serviced apartment in Gelugor from RM844,000. Gelugor is a mid-island industrial and mixed-use area that also has a residential corridor — home to USM (Universiti Sains Malaysia) campus, which drives consistent rental demand. At RM844K, Keeperz is the premium end of the Gelugor/island market. Serviced apartment at this price point targets professional owner-occupiers or investors who want proximity to USM, Penang Bridge interchange, and the mid-island commercial strip. The name is unusual — suggests a hotel-operated or managed component.
Keeperz Suites unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| Studio/1BR | Studio/1BR | 484 | — | — |
| Dual-Key | Dual-Key | 581 | — | — |
| Total | — | |||
Building specifications
- Blocks
- 2
- Floors
- 21
- Total units
- 493
- Maint. fee
- RM0.48/sqft
Facilities
What's nearby
🎓 Schools
- SJKC Phei Shin7.1km
- Wesley Methodist School Penang International8.8km
🛍 Shopping
- Queensbay Mall3.0km
Monthly Instalment Calculator
Monthly Instalment
RM 3,409
Total Interest
RM 672,193
Total Outlay
RM 1,516,193
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 550K – RM 2.1M
asking prices in area
Active projects
4
selling or under construction
Subsale condos
6
completed projects
Total tracked
12
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 | 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 based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
What is the price of Keeperz Suites?
+
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