Exsim (Exsim Noordin Sdn Bhd)
Noordinz Suites
Gat Lebuh Noordin / Pengkalan Weld, George Town
From
RM 683K
RM 1564– PSF · Completion 2027
Tenure
freehold
Title
Commercial (HDA)
Total Units
603
Completion
2027
- From
- RM 683K
- PSF
- RM 1564
- Tenure
- freehold
- Total units
- 603
- Status
- under construction
- Completion
- 2027
Zac’s Take
Zac Ong
Noordinz Suites is Exsim's Georgetown play — 29-storey single tower, 603 units, freehold commercial-HDA title. Two layouts only: a 377 sqft studio (224 units) and a 603 sqft dual-key (379 units). Launched June 2024, expected completion Q3 2027.
The positioning is unambiguous: this is a yield product. Dual-key + studio mix at this size point only makes sense if you're targeting Georgetown rental or short-stay demand. The maintenance fee at RM 0.83 psf is high relative to a typical residential condo — Exsim subsidises up to RM 0.40 psf for 2 years to soften the JMC handover, but factor the full rate into long-term yield math.
My honest take: Noordinz works if your thesis is Georgetown core foot traffic and STR demand resilience, and you've already studied the maintenance + parking add-on costs (units don't come with car park). It's not the right product for a long-stay own-stay buyer — too small, too tightly stacked. For yield buyers who've done the math, the dual-key 603 sqft is the unit type worth modelling. Ask me for the floor-level matrix — facing matters more here than usual.
Noordinz Suites unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| A | Studio | 377 | 224 | Add-on |
| B | Dual key | 603 | 379 | Add-on |
| Total | 603 | |||
⚠Commercial title under HDA — short-stay rental rules per JMC; confirm before listing.
Building specifications
- Blocks
- 1
- Floors
- 29
- Total units
- 603
- Lifts per floor
- 7
- Maint. fee
- RM0.83/sqft
Facilities
What's nearby
🏥 Healthcare
- Peace Medical Centre1.5km
- Penang General Hospital3.0km
- Gleneagles Hospital Penang3.1km
🎓 Schools
- SJK(C) Eng Chuan700m
- Tai Chiao High School Penang1.2km
- KDU University College Penang2.3km
- The One Academy Penang2.1km
🛍 Shopping
- 1st Avenue Mall1.0km
- Gurney Plaza2.5km
- Penang Times Square1.5km
Monthly Instalment Calculator
Monthly Instalment
RM 2,758
Total Interest
RM 543,863
Total Outlay
RM 1,226,733
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 73K – RM 2.9M
asking prices in area
Active projects
3
selling or under construction
Subsale condos
7
completed projects
Total tracked
11
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 68,287 |
| SPA stamp duty | RM 14,486 |
| SPA legal fee | RM 8,079 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 14,486 |
| Loan stamp duty (0.5%) | RM 3,073 |
| Loan agreement legal fee | RM 3,073 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 114,484 |
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 Noordinz Suites?
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Is Noordinz Suites freehold or leasehold?
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When is the expected completion / VP?
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What is the maintenance fee?
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Who is the developer of Noordinz Suites?
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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 683K
Noordinz Suites