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G'Vinton, George Town

G'Vinton, George Town

Sunrich Capital Sdn. Bhd. · Serviced residence · Freehold · Selling

RM 715,000 to RM 2,219,000 · 387–1,356 sq ft · Completion 2028

  1. 1Price against the areaRM 1,848+135% vs new launches nearby+239% vs completed condos
  2. 2The area+16.6%Change in Penang house prices over the four years to Q1 2026 · High unsold supply in the state
  3. 3Other options at this price8other new launches within 15% of RM 1,848 per sq ft
  4. 4Cost and risksRM 86,950Cash upfront and RM 2,966 a month after that

G'Vinton is a freehold serviced residence in George Town, Penang, by Sunrich Capital. The developer lists prices from RM715,000 for a 387 sq ft unit, about RM1,848 psf. That is 239% above the NAPIC 2025 median of RM546 psf for completed condos in the Timur Laut district. Checked against the developer's website on · Developer's project page

Location

1G'Vinton price compared with the area

Prices start from RM 715,000. If that price is for the smallest layout (387 sq ft), it works out to about RM 1,848 per sq ft.

NAPIC recorded 9 completed condos in the Timur Laut district in 2025. That area includes George Town. Its entry price per sq ft is higher than every price NAPIC recorded in the area. New launches usually cost more per sq ft than completed condos nearby.

This launch
RM 1,848
Ferringhi Emas Resort RM 347Pantai Miami RM 443The Peak Residence RM 510Iconic Skies RM 544I-Santorini RM 546The Zen RM 598Artis 3 RM 619Quay West Residence RM 782Quayside Condo RM 1,416
Middle half of recorded prices: RM 510 – RM 619+239% vs median

See the 9 completed condos NAPIC recorded in the Timur Laut district on the area page.

Price per sq ft of new launches in George Town

Each developer's starting price divided by its smallest layout, unless the developer states a price per sq ft.

The developer does not publish a price per sq ft. Ask for the price list. If the starting price is for a bigger layout, the entry price per sq ft is lower than shown here.

2The area

Price per sq ft by area in Penang
Completed condos, medianNew launches, medianThis launch RM 1,848
RM psf
  • Timur LautRM 753 · 11 launchesRM 546
  • Barat DayaRM 556 · 5 launchesRM 500
  • Seberang Perai TengahRM 434 · 6 launchesRM 368
  • Seberang Perai UtaraRM 442 · 1 launchRM 362

NAPIC 2025 data. Only areas with at least 5 recorded schemes are listed. Hover or tap an area for details.

Completed condos in Timur Laut changed -2.2% in price from 2024 to 2025 and -1% in the first half of 2026 (NAPIC, median per condo). See the price trend

House prices in Penang rose 16.6% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the George Town page.

3Other options at this price

Starting price and price per sq ft of each optionHover or tap a dot
G'Vinton (this launch)George TownRM 1,848 psf · RM 715,000

↑ Starting price

ProjectEntry psfvs this
Lightwater ResidencesGeorge TownRM 1,780-4%
Eaton ResidencesKLCC, Kuala LumpurRM 1,780-4%
DIVINE KLCCKLCC, Kuala LumpurRM 1,928+4%
SWNK HouzeBukit Bintang City Centre, Kuala LumpurRM 1,739-6%
The ConlayKLCC, Kuala LumpurRM 1,965+6%
Centrix The StationDang Wangi, Kuala LumpurRM 1,665-10%
111 MenerungBangsar, Kuala LumpurRM 1,640-11%
Southpoint ResidencesMid Valley City, Kuala LumpurRM 1,634-12%

4Cost and risks

Starting priceRM 715,000

Buyer

Monthly instalment

RM 2,966

Cash upfront (down payment and stamp duty)

RM 86,950

Down payment
RM 71,500
Stamp duty on the transfer
RM 15,450
Loan amount
RM 643,500
Total interest over the loan
RM 602,302

Based on the starting price, with stamp duty on the transfer only. Legal fees and loan stamp duty are extra. We apply the first-home exemption only up to RM500,000. Confirm it with your lawyer.

Things to check

  • In Penang a foreign buyer needs state consent and can only buy a unit priced at RM 1,000,000 or more.
Project details+
Developer
Sunrich Capital Sdn. Bhd. (GSD Land)
Location
Millionaires Row, Penang
Property type
Serviced residence
Tenure
Freehold
Total units
508
Blocks / towers
Not stated by the developer
Storeys
Not stated by the developer
Expected completion
2028

Grand Lobby · Fitness Studio · Infinity Leisure Pool · Arcade Room · Integrated Kids Play · Vocalist Studio · Co-working Lounge

G'Vinton floor plans and photos

Our take

  • The entry price per sq ft is 239% above the median for completed condos in George Town. Some of that gap is normal for a new building. We would compare it with other new launches in George Town before paying a booking fee.
  • Of the 8 new launches we track in George Town, it has the highest entry price per sq ft.
  • Other new launches at a similar price per sq ft: Lightwater Residences (RM 1,780 psf), Eaton Residences (RM 1,780 psf) and DIVINE KLCC (RM 1,928 psf).
  • Many completed condos in Penang are still unsold. That can make a unit slower to resell or rent out.

More new launches in George Town

Other new launches in Penang

G'Vinton: common questions

How much is G'Vinton in George Town?

The developer lists prices from RM 715,000, about RM 1,848 per sq ft for the smallest layout.

Is G'Vinton freehold or leasehold?

The developer lists it as freehold.

When will G'Vinton be completed?

The developer gives 2028 as the expected completion date.

Can foreigners buy G'Vinton?

Units priced at RM 1,000,000 or more meet Penang's minimum for foreign buyers. Cheaper units do not.

Sources

Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.