penangproperty
Tasek Gelugor Xchange β€” mixed, Tasek Gelugor
New LaunchcommercialEst. 2028

Island Landcap Properties Group

Tasek Gelugor Xchange

Tasek Gelugor

From

POA

Completion 2028

Tenure

TBC

Title

commercial

Total Units

644

Completion

2028

From
β€”
PSF
β€”
Tenure
β€”
Total units
644
Status
under construction
Completion
2028

Price at a glance

Prices as at September 2026 β€” price basis unrecorded, confirm the current range. Last checked 2026-07-30.

Unit typeSize (sqft)Price fromPSF from
Commercial1,182–9,272RM1.44M~RM155

Project Tracking

We're tracking Tasek Gelugor Xchange β€” not yet personally reviewed by Zac

This project is in our database from public sources (3 sources) from Island Landcap Properties Group. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request β€” most developers update pricing weekly and we share the current numbers immediately.

  • πŸ“‹ Latest price list & available unit types
  • πŸ—οΈ Current construction stage and photos
  • πŸ’¬ Zac's honest assessment for your situation
  • πŸ“ž Direct introduction to the developer if you want to view
πŸ“² Get Tasek Gelugor Xchange details on WhatsApp

Tasek Gelugor Xchange price list 2026

1 of 2 unit types have a published price Β· entry from RM1.44M Β· 644 units total Β· completing 2028

TypeSize (sqft)Price fromPSF (derived)UnitsForeign buyer
Commercial1,182–9,272RM1.44M~155308Eligible
Residential750–1,000On applicationβ€”336Below RM600,000

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.

Foreign buyers must clear RM600,000 per unit (Seberang Perai mainland floor), then pay a state levy and a flat 8% stamp duty on top. See the true cost of buying as a foreigner.

Residential is 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.

πŸ“² Ask for the current price list

Tasek Gelugor Xchange completion date

Tasek Gelugor Xchange 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 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.

Monthly Instalment Calculator

Monthly Instalment

RM 4,039

Total Interest

RM 796,437

Total Outlay

RM 1,796,437

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.

πŸ“² Discuss financing options with Zac

Other projects in tasek gelugor

All 3 others we track here, cheapest first β€” 3 of them still selling.

Tasek Gelugor β€” area snapshot

Full area guide β†’

Price range

RM 400K – RM 532K

asking prices in area

Active projects

3

selling or under construction

Subsale condos

0

completed projects

Total tracked

4

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.

DownpaymentRM 100,000
SPA stamp duty (tiered 1–4%)RM 24,000
SPA legal feeRM 11,250
MOT stamp duty (at VP)

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

RM 24,000
Loan stamp duty (0.5%)RM 4,500
Loan agreement legal feeRM 4,500
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 171,250

New launch β€” typical developer savings

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

Cash rebate3% = RM 30,000
0%5%10%
Total developer savingsβˆ’ RM 50,250

Net upfront (after savings)

Based on typical 2026 new launch package

RM 121,000

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

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From

POA

Tasek Gelugor Xchange

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