508 suites · freehold · managed leasing · completing Sep 2028
Freehold on Millionaires Row,from RM560,000.
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Published prices
Entry capital by suite type
- From RM560,000
- Type B · 387 sq ft · 1 bedroom · 288 unitsThe volume entry point — the lowest capital outlay for a freehold serviced apartment on Millionaires Row with managed leasing.
- From RM831,000
- Type A · 474 sq ft · 2 bedrooms · 190 unitsMore floor area and a second bedroom for a higher nightly rate. Same Maplehome management, same freehold title.
- From RM2,190,000
- Duplex · 1,356 sq ft · 24 unitsExecutive floors, two-storey layout. The premium play — limited to 24 in the building.
These are the developer's published prices. The figure for a specific unit moves with level and floor category — ask and I will get the current one.
The investment case
Why this building is structured to earn
Freehold title, serviced apartment classification and integrated leasing management — three things that align this building with short-term rental from day one.
Freehold on Millionaires Row
Freehold serviced apartment title on Jalan Sultan Ahmad Shah — one of Georgetown's most established seafront addresses. New freehold supply on this street is scarce.
Managed leasing from handover
Maplehome handles guest booking, check-in, housekeeping and turnover. The building is designed for managed short-term rental — you are not operating the unit yourself.
Serviced apartment title permits STR
The commercial title means short-term rental is permitted without the body-corporate friction that residential condominiums face. The title structure supports the investment use case.
Entry from RM560,000
Type B suites start at RM560,000 for 387 sq ft — a freehold entry point on a street where comparable units rarely list below a million.
No yield projection is made on this page. Your return depends on your unit, your operator, your pricing and the market at the time.
Ask about the returnsThe investment
A freehold address designed to earn
508 serviced apartments on 1.14 acres of freehold land — Jalan Sultan Ahmad Shah, the address Georgetown calls Millionaires Row.
G'Vinton is not a home you live in — it is a building you own into. Serviced apartment title means short-term rental is permitted from day one, without the body-corporate friction that residential condominiums face. Maplehome manages the leasing operation: guest booking, check-in, housekeeping, turnover.
Three unit types from 387 to 1,356 sq ft, across standard and executive floors. Type B at 387 sq ft is the volume entry point at RM560,000. The duplex at 1,356 sq ft is the premium tier. Every unit is designed for guest-ready handover by CHI Designs, an award-winning interior practice.
Ask for the price list →How it compares
See where the numbers land
Noordinz Suites, Tropicana 218 Macalister — Georgetown short-term rental properties compared on tenure, psf and leasing management.
Noordinz Suites
Price per sq ft
~RM1,431 – 1,586
Derived from developer-published prices; Gat Lebuh Noordin
- Status
- Expected Q3 2027
- Scale
- 603 units · 1 tower · 29 storeys
- Price
- RM594K – RM956K (sold out)
G'Vinton Georgetown
Price per sq ft
~RM1,447
Before new-launch rebate — derived from developer-published prices and built-up areas
- Status
- Expected September 2028
- Scale
- 508 units · 1 tower · 39 storeys
- Price
- From RM560,000
Why this one
Why investors pick this building
Freehold on Millionaires Row
Jalan Sultan Ahmad Shah is Georgetown's most established seafront address. A freehold serviced apartment on this stretch is rare — most new supply here is leasehold.
Managed leasing from day one
Integrated leasing management through Maplehome, designed for short-term rental returns. The building is structured for Airbnb and managed stays — the operator handles everything from guest check-in to housekeeping.
Fully furnished package
Every unit is delivered fully furnished and guest-ready — designed by CHI Designs, an award-winning interior practice, with fittings specified for short-term rental turnover, not residential move-in.
Entry from RM560,000
Type B suites start at RM560,000 for 387 sq ft — a freehold entry point on one of the most sought-after streets in Georgetown, in a building designed to earn.
The tower
What sits on each level
Parking on 1–9, podium facilities on 10, suites from 11 up, sky facilities on 39.
Levels
Standard floors (11–23A) carry compact suites. Executive floors (25–39) carry larger suites and duplexes with premium finishes.
- Floors drawn
- 38
- Suite levels
- 27
Every suite type, side by side
Pick the size first, then the floor tier — standard or executive.
Levels 11 – 38
- B387 sq ftLevels 11 – 38Suite
- A474 sq ftLevels 11 – 38Suite
Executive levels 25 – 38
- Duplex1,356 sq ftLevels 25 – 38Duplex suite
The essentials
Project details
The numbers, in one place.
- DeveloperSunrich Capital / GSD Land
- LocationJalan Sultan Ahmad Shah, Georgetown
- TenureFreehold, serviced apartment title · 1.14 acres
- Built-up387 – 1,356 sq ft across three types
- Entry priceFrom RM560,000 (Type B suite)
- CompletionExpected September 2028
Freehold on Millionaires Row.
From RM560,000.
Suites
Three types, two floor tiers
Type B from 387 sq ft, Type A from 474 sq ft, duplex at 1,356 sq ft. Standard floors and executive floors, all serviced apartment title.
387 sq ft · 1 bedroom · from RM560,000
Floor plans will be available closer to launch — message me for the latest plan pack.
Photography
The building and the suites
Developer renders and interior photography from the show unit.
What is nearby
Gurney Drive 2 km. Heritage zone 2 km. Three hospitals within 4 km.
Schools
- 6 minSJK (C) Union
- 18 minSt Christopher's International School
Hospitals
- 18 minPenang General Hospital
- 36 minGleneagles Hospital
- 48 minIsland Hospital
Everyday
- 12 minEastern & Oriental Hotel
- 24 minGurney Drive
- 24 minGeorge Town heritage zone
- 30 minGurney Paragon Mall
- 36 minGurney Plaza
Georgetown
Millionaires Row — the seafront address
Jalan Sultan Ahmad Shah. Gurney Drive 2 km. Heritage zone 2 km. Three hospitals within 4 km.
Leisure & dining
- Gurney Drive promenade~2 km
- Gurney Paragon Mall~2.5 km
- Gurney Plaza~3 km
- George Town UNESCO heritage zone~2 km
- Eastern & Oriental Hotel~1 km
Healthcare
- Penang General Hospital~1.5 km
- Gleneagles Hospital~3 km
- Island Hospital~4 km
Further afield
- KOMTAR~5 min
- Penang Bridge~20 min
- Penang International Airport~40 min
Good to know
Frequently asked questions
The questions investors ask first — including serviced apartment title, Airbnb permissions, and what the leasing management actually covers.
How much does a suite cost?+
What types of units are available?+
Is it freehold?+
Can I Airbnb the unit?+
The harder questions
Three things worth asking before you commit
The specification tells you what the building is. These decide whether the investment case works for you.
Why serviced apartment rather than residential title?
Because the title is the product. Serviced apartment title permits short-term rental — Airbnb, managed stays, nightly bookings — without the body-corporate vote that residential condos require. Commercial utility and assessment rates are higher, but for an investment buyer, the rental freedom is the return driver.
The catch
Commercial rates are real. Utility bills, assessment and sinking fund contributions run higher than residential. Run the full operating cost — not just the purchase price — before projecting a return. The title enables the business model, but it does not guarantee the margin.
Is the RM560,000 entry price actually cheap for what you get?
387 sq ft for RM560,000 is approximately RM1,447 per square foot — higher than many residential condos in Georgetown. What you are paying for is a freehold title on Millionaires Row with integrated leasing management. The psf reflects the address, the title structure and the operator infrastructure, not the floor area alone.
The catch
A higher psf means you need stronger nightly rates or higher occupancy to reach the same yield as a lower-psf residential unit you manage yourself. Ask for the Maplehome fee structure, model the nightly rate you can realistically charge, and compare the net yield against a conventional rental on a residential condo before deciding. The address sells itself — the question is whether the numbers do.
What does a September 2028 completion mean for your money?
You are buying at today's price for a suite you take in about two years, and you pay progressively as construction reaches each stage. Between now and then you are not paying maintenance, and you cannot earn from the unit either.
The catch
Two years is enough for the short-term rental market to shift. Georgetown occupancy and nightly rates fluctuate with tourism patterns, regulatory changes and new supply coming online. Read the completion clause in the SPA with your own solicitor — not from this page.
What happens next
Four steps, no obligation at any of them
You message
One WhatsApp message to Kelvin. Nothing is stored on this site.
The documents
The current price list and suite schedule from the developer — the document that resolves what this page leaves indicative.
A private viewing
At the sales gallery, by appointment. We walk through the show suite and the leasing management proposition.
Booking
A booking fee reserves a specific unit, paid to the stakeholder account. The sale and purchase agreement follows, and your own solicitor takes it from there.
Speak to the sales team
Ask for the price list & suite schedule
Message Kelvin on WhatsApp for the current price list, the suite schedule and the leasing management terms.
Replies from the sales team, usually within a few hours. No obligation.
- AdvisorKelvin
- Call+60 13-614 1314
- LocationJalan Sultan Ahmad Shah, Georgetown, Penang