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Project Memo

Stark Tower @ The Light City Investment Memo

Gelugor, Penang · RM 600K-950K

Tenure

Freehold

Size

425-645 sqft

Developer

Stark Development

Completion

2028

Total units

618

Type

Serviced Residence

Entry and holding

RM 600K-950K. Check nett price, package, maintenance, furnishing and vacancy buffer before booking.

Tenant and exit

Likely target audience: local own-stay families, upgraders or practical renters in the surrounding area. Before booking, compare entry price against nearby completed projects so the resale gap is clear. For rental planning, check realistic furnished rental, maintenance fee and vacancy buffer instead of only gross yield.

Risk notes

Traffic and actual travel time should be checked during weekday peak hour. Final package, rebate, car park allocation and legal fee support can change without notice. Rental estimate should be checked against current completed supply nearby. Construction timeline and VP date should be reconfirmed with the developer.

Cash buffer guide

SPA / legal buffer: RM 6,000

Stamp duty buffer: RM 18,000

Loan agreement buffer: RM 3,000

Renovation / move-in buffer: RM 15,000

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