G'VINTON
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Millionaires Row · Georgetown, Penang

A freehold address on Penang's Millionaires Row

Serviced suites in the heart of Georgetown, operator-managed for hands-off income, with projected returns up to 7.85% a year.

From RM596,000 · Freehold · Free, no obligation, replies in 5 min

G'Vinton freehold serviced suites tower in Georgetown, Penang
508
Units
39
Storeys
RM596K
From
Q3 2028
Completion

The Project

A freehold landmark in old Georgetown

G'Vinton rises 39 storeys on Jalan Sultan Ahmad Shah, one of Penang's most established addresses, minutes from Gurney Drive, the waterfront and the UNESCO heritage core.

A single tower of 508 freehold serviced suites, semi-fitted by award-winning Chi Designs. Layouts run from 387 sqft city and sea-view suites to 1,356 sqft duplexes, held on a commercial title built for managed short-stay income.

TenureFreehold
TitleCommercial (HDA)
Development1 block, 39 storeys
Total units508
Land area1.14 acres
Built-up387 - 1,356 sqft
CompletionQ3 2028
DeveloperSunrich Capital

Layouts

Floor plans & suites

From efficient investor studios to dual-level duplexes, each oriented for sea, Gurney or Georgetown jetty views.

Type A 474 sqft floor plan layout, level 11 to 39
A

Type A

474 sqft · 44 sqm

The flagship investor suite. A flexible single-level layout with separate sleeping zones, ideal for premium short-stay guests.

  • Highest projected ROI, up to 7.85%
  • Corner orientations, sea and city outlook
  • Semi-fitted by Chi Designs

From RM685,000 indicative list price

Check Type A Availability
Type A living, dining and kitchen interior
Type A bedroom interior
Type B 387 sqft floor plan layout, level 11 to 39
B

Type B

387 sqft · 36 sqm

The entry investor unit and the most efficient income play. Choose sea-view or city-view orientation, both designed for high nightly occupancy.

  • Lowest entry price, projected ROI ~7.05%
  • Sea, Gurney or Georgetown jetty views
  • Turnkey operator-ready studio layout

From RM596,000 indicative list price

Check Type B Availability
Type B bedroom with sea view interior
Type B dining and kitchen interior
Duplex 1,356 sqft floor plan, lower and upper floor layout
DUP

Duplex

1,356 sqft · 126 sqm

Dual-level residences for owner-occupiers and trophy buyers who want the Millionaires Row address with generous space and the best vantage points in the tower.

  • Two levels, premium corner positions
  • Panoramic sea and Georgetown views
  • Standard floor plate, levels 11 to 39

Price on request limited units

Check Duplex Availability

The Investment Case

Hands-off income on a freehold address

G'Vinton is run as managed serviced accommodation by a panel operator. You own the freehold suite, the operator fills it, you collect a share of the income.

Projected annual ROI, up to
7.85%

On a freehold, operator-managed serviced suite, with owners keeping a 70% share of operating profit. Type B suites project around 7.05%.

  • ~80%Operator occupancy
  • RM250-320Average per night
  • Q3 2028Income from handover

Forecast returns by suite

SuiteList priceOwner profit/moROI
Type B · 387sfRM596,000~RM3,1507.05%
Type A · 474sfRM685,000~RM4,0327.85%

Operator forecast based on ~80% occupancy and 70% owner profit share. Instalment basis: 90% loan, 30 years, 3.55% p.a. Figures are indicative projections, not guarantees, and subject to operator performance and bank approval.

Why buy here

  • Freehold on a scarce, mature Georgetown address.
  • Commercial title built for legal short-stay.
  • Operator-managed: no bookings or check-ins to chase.
  • Sub-RM600k entry into a tourism-led submarket.

Things to weigh

  • Completion Q3 2028: returns begin after handover.
  • Income depends on operator occupancy and nightly rates.
Get the full investment breakdown

Facilities

A grand collection, sky to street

Designed by Chi Designs across two dedicated levels, crowned by a level 39 sky retreat with an infinity pool over Georgetown.

G'Vinton level 39 infinity leisure pool overlooking the Penang sea and Georgetown skyline

Sky Retreat

Level 39 · Rooftop
Infinity Leisure Pool
Jacuzzi
Wading Pool
Aqua Lounge
Sun Deck
Sunken Lounge
Fitness Studio
Sauna

Social & Work

Level 10 · Amenity Deck
Chillout Lounge
Viewing Lounge
Co-working Lounge
Arcade Room
Vocalist Studio
BBQ Area
Integrated Kids Play
Gather & Graze Lounge
The grand lobby at G'Vinton
The Grand Lobby
Gather and Graze lounge
Gather & Graze
Co-working lounge
Co-working Lounge
Fitness studio
Fitness Studio

Location

Penang's most prestigious postcode

On Jalan Sultan Ahmad Shah, minutes from Gurney, the malls, the hospitals and the UNESCO heritage core.

Retail

New World Park0.4 km
Chowrasta Market1.1 km
Komtar2.7 km
Gurney Paragon3.1 km

Connectivity

Komtar Bus Terminal1.7 km
Swettenham Cruise2.3 km
Penang Airport17.4 km

Medical

Gleneagles Penang1.6 km
Loh Guan Lye1.7 km
Island Hospital2.0 km

Tourism

Fort Cornwallis2.0 km
Blue Mansion2.4 km
Penang Street Art2.8 km
Sunrich
Capital

The Developer

Backed by GSD Land

G'Vinton is developed by Sunrich Capital Sdn Bhd, a subsidiary of GSD Land (M) Sdn Bhd, the group behind multiple Penang high-rises, with interiors by award-winning Chi Designs.

On an off-plan purchase the developer's delivery track record drives resale and rental performance. WhatsApp us and we will walk you through it.

Get the details

Floor plans, price list and projected returns, on WhatsApp

Tell us which suite you are weighing up. We send the floor plan, the latest indicative pricing and the operator return breakdown, straight to your WhatsApp.

Get Floor Plans + Price List

Free, no obligation, direct WhatsApp reply

Questions

G'Vinton FAQ

Is G'Vinton freehold?+
Yes. G'Vinton is a freehold development held on a commercial title under the Housing Development Act, the structure suited to legal short-stay serviced accommodation.
What is the entry price?+
Type B suites (387 sqft) start from RM596,000 and Type A suites (474 sqft) from RM685,000. Duplex units are larger and priced on request. All figures are indicative list prices; WhatsApp us for the live price list.
How does the operator-managed income work?+
A panel operator runs the suites as managed serviced accommodation, handling bookings, guests and housekeeping. Owners receive a share of the operating profit (around 70%). Operator forecasts indicate roughly 80% occupancy and projected returns of about 7.05% to 7.85% per year depending on suite type. These are projections, not guarantees.
When is completion?+
Expected completion (vacant possession) is Q3 2028. Returns begin after handover once the operator takes over the suite.
Where exactly is it?+
On Jalan Sultan Ahmad Shah in Bandar Georgetown, Penang, known as Millionaires Row. It is within a few kilometres of Gurney Drive, Gurney Paragon, Komtar, Gleneagles and Island hospitals, and the UNESCO heritage core.
What facilities are included?+
A level 39 sky retreat with an infinity leisure pool, jacuzzi, aqua lounge, fitness studio and sauna, plus a level 10 amenity deck with co-working and chillout lounges, arcade, vocalist studio, BBQ area and kids play, all designed by Chi Designs.
Who is the developer?+
Sunrich Capital Sdn Bhd, a subsidiary of GSD Land (M) Sdn Bhd. Interiors are by award-winning Chi Designs.
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