Freehold studios and dual-key units by Komtar, expected 2027
Noordinz Suites George Town
Noordinz Suites is a 29-storey freehold block by Exsim on Gat Lebuh Noordin, close to Komtar in George Town. Its 603 units come in just two compact sizes: studios of 377 sq ft and dual-key units of 603 sq ft, with sky facilities on the top two levels. Completion is expected in Q3 2027. From RM682,870 (gross).
Noordinz Suites @ Gat Lebuh Noordin, George Town, Penang
Gat Lebuh Noordin, George Town, Penang
Noordinz Suites is for buyers who want a small, easy-to-run home in the middle of George Town rather than room for a family. Exsim is building 603 units in a 29-storey block on 1.9057 acres of freehold land with a commercial title under the Housing Development Act. There are only two layouts: Type A, a 377 sq ft studio with one bathroom, and Type B, a 603 sq ft dual-key unit with two keyed sections. Units are sold without a car park, so it suits someone who walks, takes the bus or uses e-hailing, and not a family or anyone who needs a bay of their own. Penang sets RM1,000,000 as the minimum for a foreign buyer of a strata home on the island, so only the few units at the top of the price range, at RM1,000,000 or more, are open to foreign buyers here. Each purchase needs approval by the State Authority, an application fee of RM20,000 for this commercial title and a levy of 1.5%.
Noordinz Suites @ Gat Lebuh Noordin, George Town, Penang
Developer
Exsim Noordinz Sdn. Bhd.
Land Title
Commercial title under the Housing Development Act
Land Area
1.9057 acres
Tenure
Freehold
No. of Towers
1 Tower
Total Units
603 Units
Total Floors
29
Total Unit Per Floor
Levels 7 to 13A: about 38; Levels 15 to 27: about 24
Lifts Per Floor
6 passenger lifts + 1 service lift
Unit Size
Type A | 377 sq.ft. | Studio Type B (Dual Key) | 603 sq.ft. | 1+1 Bedroom
What You Get at Noordinz Suites
A compact freehold unit about 460 m from Komtar’s ICT Digital Mall, with lounges, a gym and a pool on the top floors of the building.
Two Compact Layouts
Type A is a 377 sq ft studio with one bathroom. Type B is a 603 sq ft dual-key unit of 1+1 rooms and 1+1 bathrooms, so one section can be closed off from the other.
Seven Lifts for One Block
Six passenger lifts and a service lift serve the tower. Levels 7 to 13A hold about 38 units each and Levels 15 to 27 about 24, so the upper floors are less crowded.
No Car Park With the Unit
Units do not include a parking bay. The building has 417 car parks in total, with 5 OKU bays and 2 EV-charging bays, so if you drive, ask how parking will be arranged before you book.
Sky Facilities on Levels 28-29
Level 28 has a sky lounge, sky garden, sky gym and a co-working lounge. Level 29 adds the Gatsby Lounge, a jacuzzi and more lounges, and the facility list also includes a sky pool.
A Level 7 Podium Deck
The Level 7 podium has a weather deck, a garden deck, a garden walk and several themed lounges, while the ground floor holds the main lobby and retail units.
RM0.83 psf Monthly Fee
The maintenance fee is RM0.83 per sq ft a month, with the sinking fund included. Because the units are small, the monthly bill stays small too. Completion is expected in Q3 2027.
Noordinz Suites Layout Plans
Two layouts: the 377 sq ft Type A studio and the 603 sq ft Type B dual-key unit. Both are shown here; ask me which floors and facings are still open.
Noordinz Suites stands on Gat Lebuh Noordin, near the Komtar area in central George Town. 1st Avenue Mall is about 370 m away, and ICT Digital Mall at Komtar and Prangin Mall are each about 460 m away. Village Grocer is about 340 m away and Klinik Lee about 190 m. SRJK(C) Sum Min is about 220 m away, and SJK(C) Eng Chuan and SJK(C) Li Tek A are each about 490 m. The Sia Boey archaeological park is about 270 m away and Taman Kejiranan Macallum about 580 m. Drivers can use Jalan Jelutong or the Lim Chong Eu Highway. Distances are approximate, measured in a straight line.
Ask About Noordinz Suites
Tell me whether you prefer the studio or the dual-key unit and I will send the units still open on your chosen floors, their prices and floor plans, and how parking can be arranged.
Express Bus Counters (GJG, Billion Star, Super Nice) — about 550 m
Jetty B — about 1.0 km
Straight-line distance from Noordinz Suites @ Gat Lebuh Noordin, George Town, Penang to each station on OpenStreetMap. The walk is always a little longer.
What Noordinz Suites @ Gat Lebuh Noordin, George Town, Penang costs to own
Worked from the published figures on this page.
Starting price
RM682,870
Roughly per square foot, at the smallest layout
RM1,811
Stamp duty on the transfer, Malaysian buyer
RM14,486
Stamp duty on the transfer, foreign buyer (flat 8%)
RM54,630
Stamp duty on the loan agreement
0.5% of your loan amount
Transfer stamp duty for a Malaysian buyer is 1% on the first RM100,000, 2% on the next RM400,000, 3% on the next RM500,000 and 4% above RM1 million. Foreign individuals and companies pay a flat 8% from 1 January 2026.
How dense it is
Units per floor
Levels 7 to 13A: about 38; Levels 15 to 27: about 24
Who it suits
Singles and couples, and landlords letting to them. Layouts start at 377 sq ft, which is a one or two person home rather than a family one.
Buyers who can wait. Completion is expected in 2027, so budget for rent until then.
Malaysian buyers. Penang sets RM1,000,000 as the minimum for a foreign buyer of a strata home on Penang island, so the lower-priced units here are for local buyers; a foreign buyer needs a unit priced at RM1,000,000 or more, with State Authority approval applied for through a lawyer.
Who it may not suit
Your family needs three bedrooms. The largest layout here has only 1 bedroom.
You want low monthly costs. The service charge is RM0.83 psf, about 2.1 times the RM0.40 psf median of the projects on this site. For the smallest 377 sq ft unit, that is about RM313 a month.
What to confirm before you sign
The service charge per square foot. It is the cost you carry every month for as long as you own, and it varies several times over between buildings.
Car park allocation in writing. Some city projects allocate none; you rent a bay monthly instead.
It sits on a Commercial title under the Housing Development Act. That changes utility tariffs and assessment rates compared with a residential title — ask for the figures before you budget.
The delivery date in the sale and purchase agreement, not the one in the brochure.
Prices are gross and change with unit and floor. Last checked .
Holding Noordinz Suites month to month
For the starting-price unit of Noordinz Suites, at RM682,870, a 90% loan of RM614,583 repaid over 35 years at 4% a year, my example rate, costs about RM2,721 a month. The entry unit here, 377 sq ft, carries a service charge of about RM313 a month, sinking fund included. Budget roughly RM3,034 a month, not yet counting assessment tax or quit rent.
Tell me which unit you are considering on WhatsApp, +60 17-880 2526, and I will work it out for that unit.
The 4% is an example rate rather than a quote, and what you sign for is priced unit by unit and floor by floor. For a different loan, scale it up or down with the table below.
Your monthly bill in parts
Part
Each month
Where it comes from
Instalment on a 90% loan of RM614,583
RM2,721
90% of RM682,870, 35 years at 4% a year
Service charge
RM313
RM0.83 on each of 377 square feet
Sinking fund
Already included
10% of the service charge, the legal minimum
Assessment tax
Two bills a year
Your local council sets it on the annual value
Quit rent
One bill a year
Due every 1 January
Total a month
RM3,034
Instalment and service charge
Work out your own instalment
The bank's formula is monthly payment = P × r ÷ [1 − (1 + r)−n]. P is the amount borrowed, r is the yearly rate ÷ 12, and n is the number of monthly payments: 420 over 35 years.
Most new home loans float. The rate is the Standardised Base Rate (SBR) plus a spread the bank sets for you, and the SBR tracks the Overnight Policy Rate, which Bank Negara has held at 2.75% from 9 July 2025. At 4.5% instead of 4%, that RM614,583 loan costs about RM187 more a month, and a 30-year term instead of 35 adds about RM213. If this would be your third or later home loan, the bank can lend at most 70% of the property's value.
For each RM100,000, at a rate of
Repaid over 35 years
Repaid over 30 years
4.0% a year
RM443 a month
RM477 a month
4.5% a year
RM473 a month
RM507 a month
5.0% a year
RM505 a month
RM537 a month
For a RM650,000 loan at 4% over 35 years, take 6.5 × RM443: about RM2,880 a month.
Service charge and sinking fund
The service charge at Noordinz Suites is RM0.83 a month for each square foot, and that already counts the sinking fund. Under the Strata Management Act 2013, the sinking fund is at least 10% of the service charge and is kept for major repairs.
Across the 125 high-rise projects I track, the middle figure is RM0.40 per sq ft. Noordinz Suites is above it, about RM162 a month more on the smallest unit than a building charging the middle figure.
Frequently asked questions
Where is Noordinz Suites?
Noordinz Suites is in Gat Lebuh Noordin, George Town, Penang.
Is Noordinz Suites freehold or leasehold?
Noordinz Suites is freehold. Land title: Commercial title under the Housing Development Act.
How much does a unit at Noordinz Suites cost?
Prices start from RM682,870 (gross) and vary with the unit type, floor and facing.
What layouts are available at Noordinz Suites?
Sizes range from 377 to 603 sq ft, with studio to 1+1 bedrooms.
How many units are there at Noordinz Suites?
603 units in 1 tower of 29 storeys.
Who is the developer of Noordinz Suites?
Noordinz Suites is developed by Exsim Noordinz Sdn. Bhd..
When will Noordinz Suites be completed?
Completion is expected in 2027.
Can a foreigner buy at Noordinz Suites?
Only units priced at RM1,000,000 or more. Penang sets RM1,000,000 as the minimum price for a foreign buyer of a strata home on Penang island; Noordinz Suites starts at RM682,870 and the highest price here is RM1,084,335. The purchase is applied for through a lawyer and needs approval by the State Authority. The application fee is RM20,000 per title (commercial title). The levy is 1.5% of the price (Penang island strata homes priced RM1,000,000 to RM1,500,000), payable within 30 days of approval, and a foreign owner may not sell within 3 years of the sale and purchase agreement. Every state's minimum price for foreign buyers →
Where to look next
Other projects I would put beside this one before deciding: similar budget, size or area.