penangproperty
Noordinz Suites — serviced apartment, Gat Lebuh Noordin / Pengkalan Weld, George Town
New LaunchfreeholdCommercial (HDA)Est. 2027 Q3

Exsim (Exsim Noordin Sdn Bhd)

Noordinz Suites

Gat Lebuh Noordin / Pengkalan Weld, George Town

From

RM 627K

Completion 2027

Sold at about RM626,500–956,300 (The Edge, Aug 2025); Exsim reported 100% sold. Launched 1Q2024, target completion 3Q2027.

Tenure

freehold

Title

Commercial (HDA)

Total Units

603

Completion

2027

From
RM 627K
PSF
—
Tenure
freehold
Total units
603
Status
under construction
Completion
2027

Price at a glance

Prices as at November 2026 — Developer prices basis. Last checked 2026-10-09. The project has not completed — no resale market yet.

Unit typeSize (sqft)Price fromPSF from
All units377–603RM626,500~RM1,662
Z

Zac’s Take

Zac Ong

Noordinz Suites is Exsim's freehold serviced residence at the corner of Gat Lebuh Noordin and Pengkalan Weld in George Town, a short walk from KOMTAR: a 29-storey tower of 603 suites on commercial title, due around the third quarter of 2027.

There are only two layouts: 224 studios of 377 sq ft and 379 dual-key suites of 603 sq ft, sold at about RM626,500 to RM956,300 and reported 100% sold, so any unit now is a resale. Car parks aren't included with the units, and the maintenance fee of about RM0.83 per sq ft is high for the size, though Exsim subsidises part of it for the first two years.

It's an investor product, not a family home. The dual-key suite is the one to model, since you can live in one side and let the other. Short-stay letting needs the owners' 75% vote and a council licence after handover, so plan on long-term rent first.

Noordinz Suites price list 2026

0 of 2 unit types have a published price · 603 units total · completing 2027

TypeSize (sqft)Price fromPSF (derived)Units
AStudio377On application—224
BDual key603On application—379

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 2026-10-09. Developers reprice between phases — confirm the current list before committing.

No published unit type clears the RM1M foreign-buyer minimum, but 2 types are priced on application — those may qualify. Ask before ruling the project out.

2 unit types are priced on application

Usually the penthouses and duplexes — developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.

📲 Ask for the current price list

⚠Commercial title under HDA — 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 — 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

Facilities

5-level multi-level car park (Lvl 2–6)2 EV charging bays5 OKU bays6+1 liftsRetail level (developer-managed)

What's nearby

🏥 Healthcare

  • Peace Medical Centre
  • Penang General Hospital
  • Gleneagles Hospital Penang

🎓 Schools

  • UOW Malaysia KDU Penang
  • The One Academy Penang

🛍 Shopping

  • 1st Avenue Mall
  • Gurney Plaza
  • Penang Times Square

Monthly Instalment Calculator

Monthly Instalment

RM 2,531

Total Interest

RM 498,968

Total Outlay

RM 1,125,468

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 Zac

Other projects in georgetown

All 8 others we track here, cheapest first — 3 of them still selling.

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 436K – RM 2.2M

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 — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

DownpaymentRM 62,650
SPA stamp duty (tiered 1–4%)RM 12,795
SPA legal feeRM 7,515
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 12,795
Loan stamp duty (0.5%)RM 2,819
Loan agreement legal feeRM 2,819
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 104,394

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 18,795
0%5%10%
Total developer savings− RM 31,949

Net upfront (after savings)

Based on typical 2026 new launch package

RM 72,445

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 Noordinz Suites?

+
Sold at about RM626,500–956,300 (The Edge, Aug 2025); Exsim reported 100% sold. Launched 1Q2024, target completion 3Q2027.

Is Noordinz Suites freehold or leasehold?

+
Noordinz Suites is freehold, on a commercial title, sold under the Housing Development Act. Those are two separate facts and only the first usually appears in marketing. A commercial title means commercial utility and assessment tariffs, and a tighter loan margin at most banks.

Can a foreigner buy at Noordinz Suites?

+
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Noordinz Suites is priced above that. Other foreign buyers need RM1,000,000 for strata property on the island, which homes here do not reach. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.

When will Noordinz Suites be completed?

+
Noordinz Suites is expected to be completed in 2027, by Exsim (Exsim Noordin Sdn Bhd). That's the developer's target. The date that counts is the handover date in your sale agreement, which under Malaysian housing law is usually 36 months from signing.

How big are the homes at Noordinz Suites?

+
Homes range from about 377 to 603 sq ft. There are 603 homes in total.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 627K

Noordinz Suites

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