Stark Development Sdn Bhd
STARK Tower
The Light Waterfront, Gelugor
From
RM 700K
Completion 2028
Tenure
freehold
Title
commercial
Total Units
624
Completion
2028
- From
- RM 700K
- PSF
- —
- Tenure
- freehold
- Total units
- 624
- Status
- under construction
- Completion
- 2028
Price at a glance
Prices as at November 2026 — Developer prices basis. Last checked 2026-10-10. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 425–640 | RM700,000 | ~RM1,647 |
Zac’s Take
Zac Ong
STARK Tower is a 34-storey freehold tower of serviced suites by Stark Development on a 2.3-acre site at The Light Waterfront in Gelugor, with 624 suites and 24 commercial units, due in 2028.
Suites are compact, about 425 to 640 sq ft, priced from about RM700,000, roughly RM1,210 to RM1,230 per sq ft. The convention centre, the Mutiara Line's Penang Waterfront station and the bridge are all close by.
It's built for investors rather than families. The developer's marketing talks about short-stay returns, but on the island that needs the owners' 75% vote and a council licence after handover, so plan on long-term rent first. Prices sit below the RM1M foreign-buyer minimum, so it's for Malaysians, PRs and MM2H participants from RM500,000.
STARK Tower price list 2026
0 of 1 unit types have a published price · 624 units total · completing 2028
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| Suite | 425–640 | On application | — | 624 |
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 2026-10-10. Developers reprice between phases — confirm the current list before committing.
No published unit type clears the RM1M foreign-buyer minimum, but one type is priced on application — those may qualify. Ask before ruling the project out.
Suite is 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 listSTARK Tower completion date
STARK Tower is expected to complete in 2028. 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
- 34
- Total units
- 624
Facilities
What's nearby
🏥 Healthcare
- Penang General Hospital
- Loh Guan Lye Specialist Centre
🎓 Schools
- Universiti Sains Malaysia (USM)
- Han Chiang High School
- SMK Bukit Gambir
🛍 Shopping
- The Light Shopping Mall
- Queensbay Mall
- Sunshine Square Bayan Baru
- Gurney Plaza
Monthly Instalment Calculator
Monthly Instalment
RM 2,827
Total Interest
RM 557,506
Total Outlay
RM 1,257,506
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 ZacOther projects in gelugor
All 16 others we track here, cheapest first — 5 of them still selling.
- Zen6RM565K
- Merione GrandRM693K
- Pearl RegencyRM790K
- Keeperz SuitesRM844K
- The Light LinearRM850K
- The LighthauzRM890K
- Mezzo @ The Light CityRM1M
- Middleton @ Minden HeightsRM1.08M
- The Light Collection IRM1.3M
- The Light Collection IIRM1.45M
- Merione ResidencesRM1.58M
- The Light Collection IVRM1.73M
- The Light PointRM1.8M
- Vilaris Courtyard HomesRM1.86M
- The Light Collection IIIRM1.9M
- Lightwater ResidencesRM2.05M
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 565K – RM 2.0M
asking prices in area
Active projects
5
selling or under construction
Subsale condos
11
completed projects
Total tracked
17
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 70,000 |
| SPA stamp duty (tiered 1–4%) | RM 15,000 |
| SPA legal fee | RM 8,250 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 15,000 |
| Loan stamp duty (0.5%) | RM 3,150 |
| Loan agreement legal fee | RM 3,150 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 117,550 |
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 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 STARK Tower?
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Is STARK Tower freehold or leasehold?
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Can a foreigner buy at STARK Tower?
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When will STARK Tower be completed?
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How big are the homes at STARK Tower?
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Are short-term rentals allowed at STARK Tower Penang?
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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 700K
STARK Tower