Exsim (Exsim Noordin Sdn Bhd)
Noordinz Suites
Gat Lebuh Noordin / Pengkalan Weld, George Town
From
RM 683K
RM 1811+ PSF Β· Completion 2027
Tenure
freehold
Title
Commercial (HDA)
Total Units
603
Completion
2027
- From
- RM 683K
- PSF
- RM 1811
- Tenure
- freehold
- Total units
- 603
- Status
- under construction
- Completion
- 2027
Price at a glance
Prices as at September 2026 β Developer prices basis. Last checked 2026-07-29. The project has not completed β no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 377β603 | RM682,870 | RM1,811 |
Zacβs Take
Zac Ong
Noordinz Suites is Exsim's Georgetown play β 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 β 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 β 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 β facing matters more here than usual.
Noordinz Suites price list 2026
0 of 2 unit types have a published price Β· 603 units total Β· completing 2027
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| AStudio | 377 | On application | β | 224 |
| BDual key | 603 | On application | β | 379 |
PSF is derived, not quoted β 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 β the project has not completed, so there is no resale market to compare against, last checked 2026-07-29. Developers reprice between phases β confirm the current list before committing.
No published unit type clears the RM1M foreign-buyer minimum, but 2 types are priced on application β those may qualify. Ask before ruling the project out.
2 unit types are priced on application
Usually the penthouses and duplexes β developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.
π² Ask for the current price listβ Commercial title under HDA β short-stay rental rules per JMC; confirm before listing.
Noordinz Suites completion date
Noordinz Suites is expected to complete in 2027. 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 β 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
- 29
- Total units
- 603
- Lifts per floor
- 7
- Maint. fee
- RM0.83/sqft
Facilities
What's nearby
π₯ Healthcare
- Peace Medical Centre1.5km
- Penang General Hospital3.0km
- Gleneagles Hospital Penang3.1km
π Schools
- SJK(C) Eng Chuan700m
- Tai Chiao High School Penang1.2km
- KDU University College Penang2.3km
- The One Academy Penang2.1km
π 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
Estimates only β 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.
π² Discuss financing options with ZacOther projects in georgetown
All 8 others we track here, cheapest first β 3 of them still selling.
- Scott @ LoganRM436K
- Ladison ResidenceRM500K
- Tropicana 218 MacalisterRM580K
- 22 MacalisterzRM580K
- G'VintonRM596K
- Beacon Executive SuitesRM730K
- Lumina ResidenceRM1.03M
- Shorefront ResidencesRM2.75M
Georgetown β area snapshot
Full area guide βGeorgetown 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 β 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 β stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 68,287 |
| SPA stamp duty (tiered 1β4%) | RM 14,486 |
| SPA legal fee | RM 8,079 |
| MOT stamp duty (at VP) Tiered 1β4% on transfer value. Paid at Vacant Possession stage. Buyer's cost β 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 β 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 β 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 β
Frequently asked questions
Is Noordinz Suites freehold?
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How many units are in Noordinz Suites?
+
What is the starting price for Noordinz Suites?
+
Can foreigners buy Noordinz Suites?
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Substitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.
From
RM 683K
Noordinz Suites