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

EXSIM · The Light Waterfront, Gelugor

Your Coastal Escape, Reimagined.

Freehold waterfront suites — commercial-zoned for 100% legal short-stay & Airbnb. An income-ready key worth keeping.

FromRM820,100 · approx RM3,137/mo*

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Keeperz Suites waterfront promenade at sunset, Gelugor Penang

Artist's Impression

Inspired by the Lighthouse Keeper

A place to call home, a story to keep.

Set on Penang's Gelugor waterfront beside The Light, Keeperz Suites takes its name from the keeper of the lighthouse — a guardian of safe harbour. 493 thoughtfully compact suites where every key unlocks earnings, equity, and a coastal escape worth keeping.

Freehold · commercial titleHold long-term equity on reclaimed waterfront land.*

Legal short-stay zoningRun Airbnb & nightly rentals 100% legally — no JMB ban.

Hands-free managementEnd-to-end hospitality operations by Mana Mana Hospitality.

Practical. Stylish. Versatile.

Choose your key.

Two efficient layouts engineered for rental yield — a smart studio, and a dual-key suite that rents as two.

Type A1 · Studio

The Smart Studio

484 sq ft · 45 sqm

LayoutLiving · Bedroom · Study

Bathroom1

Best forSolo stays · Airbnb nightly

Check Studio Availability

Type B1 · Dual Key

The Dual-Key Suite

581 sq ft · 54 sqm

LayoutStudio + Suite, 2 entries

Bathrooms2 (bath + powder)

Best forRent two · live one, rent one

Check Dual-Key Availability

Play, Relax & Live Above It All

Two decks of good vibes.

A lively podium garden on Level 5, a breathtaking sky deck up on the 21st floor.

Infinity Sky-PoolLevel 21, sea views

Gym & Yoga DeckSky-level workout

Sky LoungeSunset cocktails

Co-Working SpaceWork by the sea

Children's PlaygroundLevel 5 podium

Herb Garden & BBQEvening grill

Game RoomSky-deck recreation

24-Hour SecurityMulti-tier access

★ GreenRE-certified sustainable design · managed serviced-residence concept

At the Heart of It All

The waterfront's best address.

On Gelugor's seafront beside The Light — minutes to George Town, the bridge, and the proposed Penang Waterfront LRT.

Keeperz Suites location map, Gelugor waterfront Penang

The LightHauz · PWCCAdjacent convention & lifestyle hub

Waterfront Shoppe MallRetail at your doorstep

Penang Waterfront LRTProposed station nearby

Lotus's E-GateHypermarket & dining

George TownShort drive to the UNESCO core

Hospitals & USMLam Wah Ee, Pantai, Island, USM

10 min

to Penang Bridge

20 min

to Penang Int'l Airport

The Income Angle

A key that pays its own way.

Few Penang condos can legally Airbnb. Keeperz is commercial-zoned for short-stay — a real nightly-rental engine on the waterfront tourist belt.

6% MRR

Minimum Rental Return*

80 / 20

Revenue split, your favour

100%

Legal short-stay

3.6M

Booking-network users

Managed by Mana Mana Hospitality

Hands-off income, run by a listed operator.

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

★ The only publicly listed stay-management company in Malaysia

6% MRR

Minimum Rental ReturnCovers your loan instalment and maintenance fee even at zero occupancy.*

80 / 20

Split in your favourYou keep 80%. Their 20% covers OTA listings, housekeeping, 24/7 guest service and marketing.

3.6M

Built-in demandDirect-booking reach across a 3.6-million user network, on top of Airbnb and Agoda.

Zero

Effort for youFully managed nightly-stay operation — truly passive ownership.

Why buy

Legally Airbnb-able — rare in Penang residential stock.
Dual-key B1 generates two rental streams from one title.
6% Minimum Rental Return via Mana Mana — instalment and maintenance covered even at zero occupancy.*
Run by Malaysia's only listed stay-management operator, 80/20 split in your favour.
Waterfront tourist belt beside The Light & PWCC events.
Freehold by EXSIM — award-winning waterfront developer.

Honest fit-check

Want a large family home? These are compact 484–581 sf suites.
Est. VP ~2030 — a build-to-hold, not move-in-now.*
Short-stay income varies with occupancy & season.

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Indicative figures only, subject to bank approval. Not a rental guarantee.

Claim a key worth keeping.

Floor plans, price list, and unit availability — sent straight to your WhatsApp.

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Good to Know

Questions, answered.

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

Keeperz Suites is on a commercial title and designed for short-stay operations, so nightly and Airbnb-style rentals are permitted — unlike most Penang residential condos where the JMB can ban them. WhatsApp us for the management details.

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 that's structured to cover your loan instalment and maintenance fee even at zero occupancy. These are management-programme terms under a signed agreement, not a developer profit guarantee — WhatsApp us for the full agreement details.

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. We'll confirm the exact title terms in the official documents when you enquire.

Estimated around 2030, in line with the wider Gelugor waterfront roll-out. Exact VP is confirmed in the SPA.

EXSIM Group (Exsim Waterfront Sdn Bhd), an award-winning Malaysian developer known for contemporary, sustainable high-rise lifestyle projects.