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

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Frequently asked questions

Everything investors ask — serviced apartment title, Airbnb rules, leasing management, foreign buyer eligibility. For the current price list, message Kelvin on WhatsApp.

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How much does a suite cost?+
Type B suites (387 sq ft, 1 bedroom) start at RM560,000. Type A suites (474 sq ft, 2 bedrooms) start at RM831,000 and go up to RM974,000. Duplexes (1,356 sq ft) start at RM2,190,000 and go up to RM2,231,000. These are the developer's published prices — ask and I will get the current price list with the exact figure by unit and level.
What types of units are available?+
Three residential types. Type B at 387 sq ft is a one-bedroom suite — 288 units. Type A at 474 sq ft is a two-bedroom suite, with 190 units. The duplex at 1,356 sq ft is the premium tier, with 24 units across the executive floors.
Is it freehold?+
Freehold serviced apartment title, on 1.14 acres on Jalan Sultan Ahmad Shah — Millionaires Row. The title is commercial (serviced apartment, not residential strata), which allows short-term rental and Airbnb operations without the body-corporate restrictions that apply to residential condominiums.
Can I Airbnb the unit?+
Yes — the building is designed for it. Serviced apartment title allows short-term rental by default. Maplehome, a leasing management partner, handles guest operations from check-in to housekeeping. Georgetown averages roughly 9% gross yield on Airbnb properties, but your actual return depends on occupancy, pricing strategy and operating costs — run the numbers on your specific unit before committing.
Who manages the leasing?+
Maplehome, which signed a memorandum of agreement with the developer at the pre-launch event. They handle short-term rental operations — guest booking, check-in, housekeeping, maintenance. You own the unit; they run it. Ask for the exact management terms and fee structure before committing.
When does it complete?+
Published as September 2028. Construction is under way. Timelines are set by the developer and can move — treat that as the current target and confirm the schedule before committing.
Who is the developer?+
Sunrich Capital Sdn Bhd, a subsidiary of GSD Land. GSD Land has delivered over 25 developments and 10,000+ homes across Malaysia, with a total GDV exceeding RM5 billion. Developer licence 13355/01-2028/0016(A).
What facilities are there?+
Two facility zones. Level 10 has the social amenities — chillout lounge, viewing lounge, co-working lounge, arcade room, vocalist studio, integrated kids play, BBQ area and gather & graze lounge. Level 39 has the sky facilities — infinity leisure pool, jacuzzi, wading pool, aqua lounge, sun deck, sunken lounge, fitness studio, sauna and outdoor shower.
What is the difference between standard and executive floors?+
Standard floors (levels 11 to 23A) carry the compact suite layouts. Executive floors (levels 25 to 39) carry the larger suites and duplexes with premium finishes and higher-floor views. The price difference reflects the level and the finish — ask for the current schedule to see the exact spread.
Can foreigners buy?+
Generally yes, above the state minimum for foreign buyers and subject to Penang state consent. Serviced apartments in Georgetown are one of the more established segments for foreign ownership. Confirm the current threshold and consent process with me and with your own solicitor before committing.
What is the serviced apartment title?+
The title is commercial — serviced apartment (Pangsapuri Servis), not residential strata. This means commercial utility rates (typically higher than residential) and commercial assessment rates, but it also means short-term rental is permitted without the body-corporate restrictions that residential titles carry. For an investment buyer, the title is the feature, not the trade-off.
What are the maintenance and service charges?+
Approximately RM0.55 per square foot including a 10% sinking fund. Because the title is serviced apartment (commercial), utility and assessment rates are higher than residential strata. Factor those into your yield calculation — the higher running cost is the trade-off for the short-term rental flexibility the title provides.
What are the next steps?+
Tell me which type interests you — Type B (387 sq ft, 1 bedroom), Type A (474 sq ft, 2 bedrooms) or the duplex — and I will send the current price list and the unit schedule. The developer will confirm what is available on the day.

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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