Who is the developer?

EXSIM Group (Exsim Waterfront Sdn Bhd), an award-winning Malaysian developer building since 2008 with 80+ projects, a FIABCI World Prix d'Excellence and World Gold winner. Track record includes The Rainz @ Bukit Jalil and Scarletz @ KL City Centre, plus the adjacent Lighthauz at The Light. GreenRE certified.

Keeperz Suites @ Penang | Freehold Waterfront from RM820,100

01 · The Light Waterfront, Gelugor

6% MRR80 / 20100% Legal AirbnbFully Managed

A freehold Penang waterfront suite that pays its own way. Legally Airbnb, run for you, from RM820,100 (about RM3,137/mo).

FROM RM820,100 FREEHOLD

Get Floor Plans + Price List Free · No obligation · Replies in 5 min *Indicative monthly instalment, 90% loan, subject to bank approval

Keeperz Suites waterfront residences by EXSIM at The Light, Gelugor Penang

PLATE I · ARTIST'S IMPRESSION

Entry 01

The Keeper's Tale

Set on the Gelugor seafront beside The Light, Keeperz Suites takes its name from the keeper of the lighthouse, the guardian who kept watch over safe harbour. The idea carries through: 493 compact suites where every key unlocks more than a door. It unlocks earnings, equity, and a coastal escape worth keeping.

This is a serviced address built for the waterfront tourist belt, next to the Penang Waterfront Convention Centre and The LightHauz, with the proposed Penang Waterfront LRT charted just nearby.

DeveloperEXSIM, GreenRE certified

AddressThe Light Waterfront, Gelugor

TitleFreehold, commercial use*

OperatorMana Mana Hospitality

Keeperz Suites waterfront promenade at sunset — PLATE II · THE WATERFRONT AT DUSK

Entry 02

The Blueprints

Keeperz Suites Type A1 studio floor plan 484 sqft

Plate A · Type A1

The Smart Studio

484 sq ft · 45 sqm

LayoutLiving, Bedroom, Study

Bathroom1

FromRM820,100

Best forSolo stays, nightly let

Check Studio Availability

Keeperz Suites Type B1 dual-key floor plan 581 sqft

Plate B · Type B1

The Dual-Key Suite

581 sq ft · 54 sqm

LayoutTwo lockable units

Bathrooms2 (bath, powder)

Fromaround RM980,000

Best forRent two, or live one let one

Check Dual-Key Availability

Entry 03

Two Decks Above the Tide

L21

Level 21 · The Sky Deck

Live above it all

Infinity Sky-Pool Sea-view Sky Lounge Gym & Yoga Deck Game Room Sunset Pool Lounge Co-Working

Level 5 · The Podium Garden

Play, relax, gather

Children's Playground BBQ Terrace Herb Garden Chill-out Lounges Landscaped Garden 24h Security

GreenRE certified sustainable design · managed serviced-residence concept

Entry 05

The Keeper's Ledger

Few Penang condos can legally run Airbnb. Keeperz is commercial-zoned for short-stay, a real nightly-rental engine on the waterfront tourist belt, run for you by a listed operator.

6% MRR

Minimum Rental Return*

80 / 20

Split in your favour

100%

Legal short-stay

3.6M

Booking-network users

Mana Mana

Hands-off income, run by a listed operator.

Your suite is operated end to end. You hold the key, they run the business: listing, pricing, check-in, cleaning, payouts.

★ The only publicly listed stay-management company in Malaysia

Minimum Rental ReturnStructured to cover loan instalment and maintenance even at zero occupancy.*

80/20

Split in your favourTheir 20% covers OTA listings, housekeeping, 24/7 guest service and marketing.

3.6M

Built-in demandDirect-booking reach on top of Airbnb and Agoda.

Credit WHY BUY

Legally Airbnb-able, rare in Penang residential stock.
Dual-key B1 rents as two units from one title.
6% MRR via Mana Mana, instalment and maintenance covered at zero occupancy.*
Run by Malaysia's only listed stay-management operator.
Freehold by EXSIM, on the waterfront tourist belt.

Debit HONEST FIT

Compact 484 to 581 sf suites, not family homes.
Estimated VP around 2030, a build-to-hold.*
Short-stay income varies with occupancy and season.

Get Investment Deck + Price List

*The 6% Minimum Rental Return, 80/20 split and management terms are features of the Mana Mana Hospitality management programme, subject to the signed management agreement. They are not a developer guarantee of profit, capital return or rental income. Short-stay income is not guaranteed and varies with occupancy and season.

Entry 06

Marginalia

On the Gelugor waterfront beside The Light, along the Tun Dr Lim Chong Eu Expressway, next to The LightHauz, PWCC and the Waterfront Shoppe mall, about 10 minutes to Penang Bridge.

Yes. Keeperz sits on a commercial title designed for short-stay, so nightly and Airbnb letting is permitted, unlike most Penang residential condos where the JMB can ban it.

Your suite is run end to end by Mana Mana Hospitality, Malaysia's only listed stay-management company, on an 80/20 split (you keep 80%). Their programme offers a 6% Minimum Rental Return structured to cover loan instalment and maintenance even at zero occupancy. These are management-programme terms under a signed agreement, not a developer profit guarantee.

Type A1 studio at 484 sq ft from RM820,100, and Type B1 dual-key at 581 sq ft from around RM980,000. Current availability and the full price list are sent on WhatsApp request.

Freehold on a commercial title, with estimated vacant possession around 2030. Exact title terms and VP are confirmed in the SPA.

EXSIM Group (Exsim Waterfront Sdn Bhd), an award-winning Malaysian developer building since 2008 with 80+ projects, a FIABCI World Prix d'Excellence and World Gold winner. Its track record includes The Rainz @ Bukit Jalil and Scarletz @ KL City Centre, plus the adjacent Lighthauz here at The Light. GreenRE certified.

Keeperz
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