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Gelugor: four projects on the same reclaimed seafront, at very different rates

Gelugor is where Penang built new land. Four of the seven projects tracked here sit on the reclaimed waterfront, spread across three seafront masterplans including Light Waterfront and Penang World City, the fifth is on a hillside above it, and two more are finished at The Sanctuary in Batu Uban — Triuni Residences' three towers and the Vilaris courtyard houses. What the seafront address costs depends entirely on which product you buy, and the gap is wider than most buyers expect.

The seven

All seven are freehold. Exsim has two of them, and Runnymede's two at The Sanctuary in Batu Uban — Triuni Residences and Vilaris Courtyard Homes — are already built. Mezzo, The Pier and Keeperz Suites are on reclaimed waterfront land; The Lighthauz is on the eastern coast beside it; Pinnacle Bukit Gambier is the hillside exception, on 7.96 acres with a 4.48-acre green lung attached.

ProjectDeveloperHomesBuilt-upsCompletion
MezzoIJM Land456 in 2 towers1,033 – 1,367 sq ftQ3 2025
The PierAsia Green934 in 2 towers1,044 – 1,227 sq ftQ1 2028
The LighthauzExsim Group671 in 1 tower732 – 1,001 sq ft2029
Keeperz SuitesExsim Penang493 in 2 towers484 – 581 sq ftQ2 2030
Pinnacle Bukit GambierPinnacle Group982 in 2 towers1,077 – 1,734 sq ftQ1 2030
Triuni ResidencesRunnymede552 in 3 towers840 – 1,949 sq ftCompleted
Vilaris Courtyard HomesRunnymede56 three-storey houses3,939 – 3,952 sq ftCompleted 2016

The rate, worked out from what is published

Five of the seven publish an indicative starting price. Take the three on the seafront and divide each by its own entry size, and the spread on one stretch of coast is striking: Keeperz Suites at RM820,100 for a 484 sq ft entry unit works out near RM1,694 a square foot; The Lighthauz at RM865,000 for 732 sq ft is about RM1,182; The Pier at RM669,000 for 1,044 sq ft is about RM641.

Those figures are derived, not published, and a starting price always attaches to the least desirable unit in the block — so treat them as a ratio rather than a valuation. The ratio is the point: roughly two and a half times the rate, on the same reclaimed seafront, in the same district. Off the seafront, Pinnacle Bukit Gambier starts at RM589,000 for 1,077 sq ft and Triuni Residences at RM873,000.

What you are paying for at the top of that range is a small unit in a serviced-suite product, where the price per square foot is always higher and the absolute cheque is lower. What you get at the bottom is floor area. Decide which of those you are actually buying before comparing anything else.

Density, where each developer states it

Mezzo runs seven homes to a floor across two 34-storey towers, with six passenger lifts and two service lifts. The Lighthauz runs fifteen on a single 56-storey tower with six plus one. Pinnacle Bukit Gambier runs eighteen across two 45-storey towers, with twelve lifts between them. Triuni Residences runs eight to a floor in Towers A and C and ten in Tower B.

Seven to a floor and eighteen to a floor are different buildings to live in, whatever the shared seafront says. As always the lift counts are stated per tower, so ask for your own tower's figures rather than dividing a development total.

Reclaimed land is worth a separate set of questions

Three of these sit on land that did not exist a generation ago. That is not a defect — much of Penang's newest infrastructure sits on it — but it does change what to ask: what the fill and settlement history of the parcel is, how the drainage and sea defences are designed, and who maintains the promenade and the seawall once the developer hands over.

Ask for those answers in writing from the developer, and ask the same questions of the precinct's management rather than only of the sales gallery.

One is nearly here, one has a green lung

Mezzo, on the Gelugor seafront, is stated for Q3 2025, which makes it the closest to delivery on this list and the most useful to visit. The Pier follows at Q1 2028 with 934 residences above 64 commercial lots at Penang World City.

Pinnacle Bukit Gambier is the one that is not selling the sea: a hillside site where 56 per cent of the land is kept open and 4.48 acres are set aside as a private green lung, with layouts of up to 1,734 sq ft. If the seafront premium is what is pushing your budget, it is the alternative worth pricing.

Triuni Residences at Batu Uban is the one you can walk through today: 552 homes across three towers of 21 to 23 storeys on 5.36 acres, with the certificate of completion issued for all three. Its range of 840 to 1,949 sq ft runs larger at the top than any other tower in the district.

Inside the same gated estate, Vilaris Courtyard Homes is the district's only landed option: 56 three-storey houses of about 3,940 sq ft, finished in 2016, each built around an internal courtyard open to the sky.

Before you book here

  • Work out the rate per square foot yourself, from the entry price and the entry size, before you compare two seafront towers.
  • Decide whether you are buying floor area or a low absolute price. In Gelugor those point at opposite ends of the list.
  • On the reclaimed parcels, ask about fill history, drainage, sea defences and who maintains them after handover.
  • Ask homes per floor and lifts for your own tower.
  • Price the hillside option against the seafront one before assuming the sea is worth the difference.
  • Walk Triuni Residences or Vilaris, the finished ones, before buying anything off-plan nearby.

Frequently asked

How many new projects are there in Gelugor?

This site tracks seven, all freehold: Mezzo, The Pier, The Lighthauz, Keeperz Suites, Pinnacle Bukit Gambier, Triuni Residences and Vilaris Courtyard Homes.

Which Gelugor projects are on reclaimed land?

Mezzo sits in IJM’s seafront masterplan, Keeperz Suites on the Light Waterfront stretch and The Pier at Penang World City off Jalan Bayan Mutiara — all reclaimed waterfront. Pinnacle Bukit Gambier is a hillside site, and Triuni Residences and Vilaris Courtyard Homes at Batu Uban are not on reclaimed land either.

What is the price per square foot in Gelugor?

Derived from published starting prices and entry sizes: about RM1,694 at Keeperz Suites, RM1,182 at The Lighthauz and RM641 at The Pier. Those are calculated rather than published, and a starting price always attaches to the entry unit, so use them as a ratio rather than a valuation.

What is the smallest unit in Gelugor?

484 sq ft at Keeperz Suites. The largest is a Vilaris courtyard house of about 3,950 sq ft; among the towers, 1,949 sq ft at Triuni Residences.

Which Gelugor project completes first?

Triuni Residences and Vilaris Courtyard Homes are already complete. Of the rest, Mezzo is stated for Q3 2025, The Pier follows in Q1 2028, The Lighthauz in 2029, and Keeperz Suites and Pinnacle Bukit Gambier in 2030.

Which Gelugor project has the fewest units per floor?

Mezzo, at seven homes to a floor. The Lighthauz runs fifteen and Pinnacle Bukit Gambier eighteen.

Every project in Gelugor

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