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Project review

Noordinz Suites

George Town, Penang

Noordinz Suites is a freehold serviced residence in George Town, Penang by Exsim. Market reference RM 593K-943K for 377-603 sqft, 603 units, completion 2027. Lewis can help you compare the latest pack...

Price From

RM 593K-943K

Built-up

377-603 sqft

Tenure

Freehold

Completion

2027

Nearest MRT / LRT

Verify nearest rail station …

Last checked: July 2026 · brochure completion reference: 2027

Property Listing

George Town

Quick summary

Quick Facts

Fact-sheet summary for buyers to compare key project details before the deeper review.

Best For

First-Time Buyer

Location Focus

George Town, Penang

Entry Budget

RM 593K-943K

Buyer Profile

Long-term holding

Main Strength

George Town, Penang location

Main Risk

Traffic and actual travel time should be checked during weekday peak hour.

Lewis Verdict

NO

Latest Update Checklist

Project pages should stay useful only when package, availability, rental logic and media are refreshed regularly.

Project page

July 2026 · brochure completion reference: 2027

Static brochure facts stay useful, but buyer-facing package details must be reconfirmed.

Latest package

July 2026 · brochure completion reference: 2027

Price guide is a market reference collated from public new-launch listings. Confirm the latest nett price, package and availability with Lewis before booking.

Availability

Weekly check needed before sharing to buyers

Under construction units subject to latest availability

Rental guide

July 2026 · brochure completion reference: 2027

Refresh with PropertyGuru, iProperty, SPEEDHOME and nearby completed supply before relying on yield.

Media / floor plan

Fresh media request needed

Floor plan and layout plan mean the same buyer-facing item. Ask Lewis for latest stack and facing.

Project Details Table

Key project information must stay readable in text, not only inside brochure images.

Project Name

Noordinz Suites

Location

George Town, Penang

Developer

Exsim

Tenure

Freehold

Completion Year

2027

Price From

RM 593K-943K

Built-up Range

377-603 sqft

Bedrooms

1-2

Maintenance Fee

RM0.55/psf

Total Units

603

Nearest MRT / LRT

Verify nearest rail station and walking route before viewing.

Nearest Mall

Confirm nearest daily retail node before shortlisting.

Want the latest package?

Ask latest package

Send your budget, purpose and preferred layout. Lewis can confirm current package, available units, viewing timing and suitable alternatives.

Key selling points

A clean first scan of the project before you compare package, layout and risk.

George Town, Penang location

Freehold tenure

Serviced Residence project

RM 593K-943K

Built-up: 377-603 sqft

Developer: Exsim

Long-term holding

Price and unit guide

Use these numbers as a shortlist guide. Confirm latest nett price, rebate and available units before booking.

Layout range

1-2

Built-up range

377-603 sqft

Price guide

RM 593K-943K

Car park

Ask Lewis to confirm car park allocation

Availability

Under construction units subject to latest availability

Last checked

July 2026 · brochure completion reference: 2027

3 investment scenarios

A simple stress test using the project price guide, rental guide and monthly holding guide. Confirm real rent, loan terms and package before booking.

Scenario

Conservative

Monthly Rent

RM 1,700

Gross Yield

3.4%

Vacancy Buffer

2 months / year

Monthly Holding

RM 2,932

Cash Gap

-RM 1,232

What it means

Stress-test case. Use this when you want more buffer for vacancy, furnishing and rental competition.

Scenario

Balanced

Monthly Rent

RM 1,850

Gross Yield

3.7%

Vacancy Buffer

1 month / year

Monthly Holding

RM 2,932

Cash Gap

-RM 1,082

What it means

Base planning case. Useful for checking whether the project still feels comfortable after normal vacancy buffer.

Scenario

Optimistic

Monthly Rent

RM 2,000

Gross Yield

4.0%

Vacancy Buffer

0.5 month / year

Monthly Holding

RM 2,932

Cash Gap

-RM 932

What it means

Upside case. Only use after checking strong furnished rental evidence and tenant demand.

This is a decision guide, not a guaranteed return. It excludes personal tax, insurance, special assessment and future rate changes.

Cost and affordability check

Hidden cost guide

SPA / legal buffer

RM 5,930

Developer package may absorb part of this.

Stamp duty buffer

RM 17,790

Final amount depends on buyer profile and latest rules.

Loan agreement buffer

RM 2,965

Confirm with bank and lawyer before booking.

Renovation / move-in buffer

RM 14,825

Useful for curtains, lights, appliances and defects follow-up.

Monthly holding guide

Estimated instalment

RM 2,707

Maintenance guide

RM 132

Sinking fund guide

RM 13

Assessment / quit rent buffer

RM 80

Monthly Holding Cost

Quick guide only. Lewis can help check a more realistic bank package before you book.

Estimated instalment

RM 2,428

Maintenance guide

RM 132

Sinking fund guide

RM 13

Monthly holding guide

RM 2,693

Cash buffer guide

RM 85,985

Loan Snapshot

RM 2,430 / month

Estimate based on 90% loan, 35 years, 4.2% interest. Actual approval, rate, DSR and package depend on bank profile.

Indicative loan: RM 533,700

Income guide: Around RM 6,900 / month

Location intelligence

Use this as a viewing checklist. Confirm exact travel time with Google Maps or Waze on your actual viewing day.

Nearest MRT / LRT

Verify nearest rail station and walking route before viewing.

Source check: Google Maps / MRT Corp check

Nearest mall

Confirm nearest daily retail node before shortlisting.

Source check: Google Maps check

Nearest hospital

Check nearest hospital or medical centre if healthcare access matters.

Source check: Google Maps check

Nearest university / school

Verify school, college or university access based on your tenant or family profile.

Source check: Google Maps check

Nearest commercial hub

George Town commercial and workplace demand should be checked before rental planning.

Source check: Google Maps / area research

Travel time to KLCC

Check live weekday peak-hour route before viewing.

Source check: Google Maps / Waze check

Travel time to TRX

Verify route to TRX if city-office tenant demand is part of the plan.

Source check: Google Maps / Waze check

Travel time to Mid Valley

Use live maps to compare this route with your daily commute.

Source check: Google Maps / Waze check

Site visit notes

What I like

George Town, Penang location Freehold tenure Serviced Residence project

What I don't like

May not suit buyers who need confirmed walking distance to rail transit.

Traffic condition

Check weekday morning and evening routes before booking because brochure distance does not show real travel time.

Accessibility

For George Town, verify the actual route to rail, highways, malls, offices and daily needs before treating access as a strength.

Walkability

Confirm shade, crossing points, road width, safety and exact walking route during viewing.

Actual environment

Ask for current site, showroom, facility or surrounding photos and videos when available.

Viewing checklist

Check route timing for work, school, and family needs.

Compare layout, facing, floor level, and maintenance cost.

Review brochure facts before booking or submitting loan.

Ask for nearby competing supply before deciding.

Open map

Lewis investment analysis

The opinion, score, yield estimate, risks and alternatives are grouped here so the page stays light at first glance.

Quick Project Decision

A short buyer-facing answer before you go deeper into photos, price and risk.

Good investment?

NO. Only consider if the price, package or personal use-case is unusually strong.

Best for

First-Time Buyer. Long-term holding.

Ask before booking

Latest nett price, available unit stack, floor/layout plan, car park allocation and alternatives.

Only consider if the price, package or personal use-case is unusually strong.

Suitable for

First-Time Buyer

Avoid if

Short-Term FlipperBuyer needing immediate move-in

Risk

Medium-High

Holding Period

5-8 years

Confidence

6.9/10

Why this project is worth asking about

Three practical angles buyers normally care about before they spend time on a viewing.

Own-stay angle

76/100

George Town should be checked by daily route, facilities, nearby retail and comfort for your household.

Rental-income angle

74/100

RM 1,700 - RM 2,000 rent guide. Estimate only. Confirm current furnished rent, vacancy buffer, maintenance fee and competing completed supply before booking.

Capital-growth angle

88/100

Likely target audience: local own-stay families, upgraders or practical renters in the surrounding area.

Choose what you want Lewis to check

Use one clear WhatsApp request so the reply can be faster and more useful.

Who should not buy

May not suit buyers who need confirmed walking distance to rail transit.

May not suit buyers who need to move in immediately or inspect the exact completed unit.

May not suit families who prioritise school and park convenience above all else.

May not suit: Short-Term Flipper.

May not suit: Buyer needing immediate move-in.

Risk Check

Use this as a first risk filter before confirming latest package, rent evidence and transaction data.

Supply Risk

Medium-High

Traffic and actual travel time should be checked during weekday peak hour.

Rental Competition

6.1/10 demand score

Verify with current PropertyGuru, iProperty and SPEEDHOME listings.

Exit Strategy

Likely target audience: local own-stay families, upgraders or practical renters in the surrounding area.

This website does not invent transaction prices. Ask Lewis to verify current Brickz, EdgeProp or NAPIC evidence before treating any figure as transaction-backed.

Entry Price Risk

Price guide is a market reference collated from public new-launch listings. Confirm the latest nett price, package and availability with Lewis before booking.

Confirm nett price, rebate and booking terms before paying.

Tenant Demand

Estimate only. Confirm current furnished rent, vacancy buffer, maintenance fee and competing completed supply before booking.

Updated: July 2026 · brochure completion reference: 2027

Exit Strategy

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.

Best Units To Ask First

Ask first for 1-2 room layouts with efficient usable space.

For rental, compare smallest practical layout against maintenance fee and furnishing budget.

For own stay, prioritise quieter facing, parking convenience and future family needs over the cheapest unit only.

Unit Stack / Facing Guide

Ask for available stack, floor level, facing, afternoon sun exposure and nearby road/noise direction.

For George Town, compare convenience against privacy, view and traffic movement before choosing a unit.

Shortlist at least two layouts so you have a backup if the preferred stack is taken.

Questions Before Booking

What is the latest nett price and package for Noordinz Suites?

Is the rebate confirmed in writing and until when is it valid?

Which unit stacks, floor levels and facings are still available?

What are the layout types and exact built-up sizes?

How many car parks are included and where are they located?

What is the estimated maintenance fee and sinking fund?

Related Buyer Guides

Freehold vs leasehold

Booking checklist

First investment guide

Loan comfort guide

New launch vs subsale

Continue your research

Use these internal links as the next reading path: area context, budget tools, comparisons, guides and videos.

FAQ and enquiry

Common buyer questions, related projects and a shorter enquiry form for next-step checks.

Is Noordinz Suites suitable for own stay?

Noordinz Suites can suit own-stay buyers comparing George Town because it offers serviced residence options RM 593K-943K, with freehold tenure and layouts around 377-603 sqft.

Is Noordinz Suites suitable for investment?

For investment, compare Noordinz Suites against nearby completed rental supply, realistic furnishing cost, maintenance fee and tenant demand before booking.

What should I ask before booking Noordinz Suites?

Ask for latest nett price, rebate, package validity, available unit stack, car park allocation, maintenance estimate, floor plan and loan comfort check.

Who can help compare Noordinz Suites?

Lewis Chong, REN 69566 under IQI Global, can help compare latest package, floor plan, loan comfort, rental logic and alternatives.

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Buyer questions

The current market reference lists Exsim as the developer. Noordinz Suites is in George Town, Penang with completion reference 2027.

Get price list, floor plans & rental yield

Enter your details and Lewis sends the latest price list, floor plans and rental-yield notes on WhatsApp. Usually within ~15 min (9am–9pm).

⚡ Typically replies within ~15 min (9am–9pm)

Prefer to chat directly?

WhatsApp Lewis

Project Decision Checklist

Send a quick request and Lewis can reply with the key items you should confirm before booking.

Budget and monthly comfort

Layout, facing and available stack

Rental estimate and tenant demand

Risk notes and better alternatives

Decision check

Want Lewis to check this project before booking?

Send your budget, buying purpose, preferred layout and timeline. Lewis can compare latest package, floor/layout plan, rental logic, risks and alternatives.

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Budget

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Buying purpose

Send

Preferred layout

Send

Timeline

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Need Lewis to check if this project fits you?

Send your budget, buying purpose and preferred layout. Lewis can compare the latest package, floor plan, rental logic, risk notes and alternatives.

WhatsApp Lewis