Macrovest Sdn. Bhd. (VST Group)
The Westin Residences
Gurney Drive (opposite Gurney Plaza)
From
RM 2.06M
RM 2000–3500 PSF · Completion 2028
Tenure
freehold
Title
commercial
Total Units
498
Completion
2028
- From
- RM 2.1M
- PSF
- RM 2000–3500
- Tenure
- freehold
- Total units
- 498
- Status
- selling
- Completion
- 2028
Zac’s Take
Zac Ong
The Westin Residences sits opposite Gurney Plaza inside the existing Westin Penang hotel ecosystem — 498 hotel-managed units leveraging an operational service standard that already exists on the ground. Verdict: worth visiting if you want hospitality-branded STR income with day-one mature service, not a learning-curve local team. Location specifics: Gurney Plaza directly opposite, Gurney Paragon under 10 minutes walk, Penang Chinese Girls' High School ~1.5km, Island Hospital ~4km, Gleneagles ~5km. Gurney corridor is the most amenity-dense address on the island — that's what you pay for. Developer track record: Macrovest (VST Group) is less of a household name than E&O or BSG, but Marriott International runs the operational layer, so the brand-promised service is delivered against Marriott SOP, not Macrovest's. That structural separation is the key reassurance. Unit configuration sweet spot: the 1,033 sqft entry unit is the cleanest investor pick — it sits at the threshold where the brand-premium PSF math still works against achievable STR yield. The 3,670 sqft top-tier units are trophy buys with thinner resale liquidity. Target buyer: HK/SG investor who wants Westin/Marriott-managed rental income; MM2H holder using 50% FD utilisation; expat tenant pool buyer. Not for: own-stay family chasing maximum sqft per ringgit (you'd buy more in Tanjung Bungah landed). Genuine concern: hospitality-branded maintenance + sinking fund will run around RM0.65-0.80 PSF/month — meaningful drag on net yield. Mitigation: insist on seeing the Westin operator-run rental projection in writing and stress-test it against an 80% occupancy scenario, not the developer's headline number.
The Westin Residences unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| Type C | Type C | 1,033 | — | — |
| Type B | Type B | 1,324 | — | — |
| Type A | Type A | 1,604 | — | — |
| Type D (Penthouse) | Type D (Penthouse) | 3,670 | — | — |
| Total | — | |||
Building specifications
- Blocks
- 1
- Floors
- 69
- Total units
- 498
Facilities
What's nearby
🏥 Healthcare
- Gleneagles Medical Centre Penang1.5km
🛍 Shopping
- Gurney Paragon Mall500m
- Gurney Plaza800m
💎 Premium tier — what actually matters
At this price tier, buyers care about a different set of numbers
Most The Westin Residences buyers pay cash or use private banking — so monthly instalments aren't the metric. The questions Zac gets asked are:
- · Resale liquidity — how long to find a buyer in 5 years
- · Capital appreciation — what the area has done over 3, 5, 10 years
- · Carrying cost — maintenance + tax + utilities, not loan
- · Estate planning — title structure, inheritance handling
- · Foreign buyer levy & consent — true total cost basis
- · Lawyer / private banker network — who handles transactions well
Gurney Drive — area snapshot
Full area guide →Gurney Drive is Penang's prestige address for high-end residential. Limited land and consistent demand from local professionals and overseas Malaysians keep prices elevated.
Price range
RM 800K – RM 3.3M
asking prices in area
Active projects
0
selling or under construction
Subsale condos
8
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.
| Downpayment | RM 206,000 |
| SPA stamp duty | RM 66,400 |
| SPA legal fee | RM 19,730 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 66,400 |
| Loan stamp duty (0.5%) | RM 9,270 |
| Loan agreement legal fee | RM 9,270 |
| Valuation fee | RM 3,500 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 381,570 |
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 Westin Residences Penang per square foot in 2026?
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Is Westin Residences Penang freehold?
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Can I rent out my Westin Residences unit on Airbnb?
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What is the maintenance fee at Westin Residences Penang?
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When will Westin Residences Penang be completed?
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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 2.1M
The Westin Residences