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G'Vinton GeorgetownJalan Sultan Ahmad Shah
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Jalan Sultan Ahmad Shah, Georgetown, Penang

Independent comparison

How G'Vinton compares to Georgetown's serviced properties

Two Georgetown projects positioned for short-term rental — one freehold and sold out, one leasehold and completed. Different management models, different entry points, different stages.

Competitor figures last verified

The addresses

This project

Under construction

Status
Expected September 2028
Developer
Sunrich Capital / GSD Land
Scale
508 units · 1 tower · 39 storeys
Tenure
Freehold, serviced apartment
Built-up
387 – 1,356 sq ft
Price per sq ft
~RM1,447
Price
From RM560,000

Before new-launch rebate — derived from developer-published prices and built-up areas

Noordinz Suites

100% sold out

Status
Expected Q3 2027
Developer
Exsim Group
Scale
603 units · 1 tower · 29 storeys
Tenure
Freehold, commercial title
Built-up
377 – 603 sq ft
Price per sq ft
~RM1,431 – 1,586
Price
RM594K – RM956K (sold out)

Derived from developer-published prices; Gat Lebuh Noordin

Tropicana 218 Macalister

Completed

Status
Completed 2018
Developer
Tropicana Corporation
Scale
299 residential · 2 towers · 33 storeys
Tenure
Leasehold, serviced residence
Built-up
378 – 1,312 sq ft
Price per sq ft
~RM1,049 median transacted
Price
RM580K – RM1.75M (subsale)

Median 2024 transacted price per sq ft; Jalan Macalister

G'Vinton vs Noordinz Suites

Both are freehold Georgetown projects designed for managed short-term rental. Noordinz is 100% sold out near KOMTAR with Mana-Mana management. G'Vinton is on Millionaires Row with Maplehome management and completion a year later.

 Noordinz Suites100% sold outThis projectUnder construction
StatusUnder construction — Exsim Group, 100% sold outUnder construction · completion expected September 2028
DeveloperExsim GroupSunrich Capital / GSD Land
Scale603 units · 1 tower · 29 storeys508 units · 1 tower · 39 storeys
TenureFreehold, commercial titleFreehold, serviced apartment
Built-up377 – 603 sq ft (studio & dual key)387 – 1,356 sq ft (suite to duplex)
PriceRM594K – RM956K · ~RM1,431 – 1,586 psfFrom RM560K · ~RM1,447 psf
Leasing managementMana-Mana Hospitality (condotel operator)Maplehome (integrated leasing management)
LocationGat Lebuh Noordin — heritage zone, near KOMTARJalan Sultan Ahmad Shah — Millionaires Row, seafront
Market signal100% sold — no developer stock remainingLaunch inventory, direct from developer

What the numbers say

G'Vinton and Noordinz Suites are both freehold Georgetown projects designed for short-term rental, each with integrated leasing management. Noordinz is smaller units at a lower entry point near KOMTAR, already 100% sold. G'Vinton offers larger suites on the seafront Millionaires Row address, with a duplex option and completion a year later.

Reading the comparison

G'Vinton and Noordinz Suites share the fundamentals — freehold, Georgetown, serviced title, integrated leasing management — but target different segments. Noordinz is compact units from 377 sq ft near the heritage zone, operated by Mana-Mana Hospitality. G'Vinton is suites from 387 sq ft on the seafront, managed by Maplehome. Noordinz sold out at RM1,431–1,586 psf; G'Vinton launches at ~RM1,447 psf.

Tropicana 218 Macalister is the completed reference — a leasehold serviced residence on Jalan Macalister with a Courtyard by Marriott hotel in the building. Its 2024 median transacted psf of RM1,049 shows what Georgetown serviced property trades at after six years on the secondary market.

For an investor, the question is whether the Millionaires Row address and the Maplehome operator justify the higher psf against a sold-out freehold competitor and a completed leasehold benchmark. The address and the management are the premium — whether that premium earns back is the investment question.

This is an independent marketing page. It is not affiliated with, endorsed by, or the official site of the developer or any party named here. Figures are compiled from the developer's project site (gvinton.com) and public listing data, and may change without notice; verify everything with the sales team and your own solicitor before any decision.

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