IJM Land
Merione Grand
The Light Waterfront, Gelugor
From
RM 693K
RM 1090– PSF · Completion 2028
Tenure
freehold
Title
commercial
Total Units
93
Completion
2028
- From
- RM 693K
- PSF
- RM 1090
- Tenure
- freehold
- Total units
- 93
- Status
- upcoming
- Completion
- 2028
Project Tracking
We're tracking Merione Grand — not yet personally reviewed by Zac
This project is in our database from public sources (3 sources) from IJM Land. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.
- 📋 Latest price list & available unit types
- 🏗️ Current construction stage and photos
- 💬 Zac's honest assessment for your situation
- 📞 Direct introduction to the developer if you want to view
Monthly Instalment Calculator
Monthly Instalment
RM 2,798
Total Interest
RM 551,744
Total Outlay
RM 1,244,509
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
5
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 69,277 |
| SPA stamp duty | RM 14,783 |
| SPA legal fee | RM 8,178 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 14,783 |
| Loan stamp duty (0.5%) | RM 3,117 |
| Loan agreement legal fee | RM 3,117 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 116,255 |
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
How much is Merione Grand?
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Is Merione Grand freehold or leasehold?
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When is the expected completion / VP?
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Who is the developer of Merione Grand?
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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 693K
Merione Grand