Lumina Residence Georgetown — Luxury Freehold Condominium Next to Gurney Drive, Penang Island
Lumina Residence is located at Lebuhraya Pykett, Georgetown, Penang Island — a prestigious freehold condominium with 9 units per floor across 2 towers of 44 storeys each. Units at Lumina Residence start from RM 984,000. The developer of Lumina Residence is VST Group of Companies.
Why Lumina Residence Georgetown
Project at a Glance
| Project | Lumina Residence Georgetown |
| Developer | VST Group of Companies |
| Location | Lebuhraya Pykett, Georgetown, Penang Island |
| Tenure | Freehold |
| Scale | 2 Towers · 44 Storeys · 9 Units Per Floor |
| Unit Sizes | 1,206 sf – 1,518 sf |
| Price Range | From RM 984,000 onwards |
| Completion | Est. Q2 2027 |
| Facilities | Olympic Pool · Gymnasium · Sky Garden · BBQ Pavilion · Children Play Area · and more |
Olympic-Sized Sky Pool
Embrace the luxury of an Olympic-sized swimming pool at Level 9 with breathtaking million-dollar views of Gurney Drive and the Penang straits — a permanent unobstructed sea view in Georgetown.
Near Top International Schools
Condo near international schools Georgetown — Stonyhurst International School (6.5km), Wesley Methodist School Penang (4km), St. Christopher's International School (4.5km), and Pelita International School (6.5km) are all within easy reach.
Freehold Title — Own It Forever
Lumina Residence is a freehold condominium in Penang Island — meaning you own your property outright with no time-limit on your ownership. A rare permanent title in Georgetown's most affluent neighbourhood, Lebuhraya Pykett.
44 Storeys · Only 9 Units Per Floor
Ultra-low density living with only 9 units per floor served by 3+1 elevators — arrive home in minutes without the crowd. Two impressive 44-storey towers offering generous layouts from 1,206 sf to 1,518 sf.
29 Resort-Style Facilities
Two dedicated facilities floors at Level 9 & 10 featuring Olympic-sized pool, Sky Garden, Gymnasium, BBQ Pavilion, Canopy Bridge, Spice Garden, Reading Corner, Games Room, and more — everything you would expect of a truly complete lifestyle.
Penang's Most Sought-After Address
Located in the affluent low-density neighbourhood of Lebuhraya Pykett, Georgetown — just next to the well-known Gurney Drive. Steps from Gurney Bay (1.5km), Gurney Plaza (3km), Gleneagles Hospital (1km), and top international hotels.
Visual Tour
Lumina Residence Georgetown Gallery
From the Olympic-sized sky pool to the grand entrance and resort communal spaces — experience what life at Lumina Residence Georgetown truly looks like.
Unit Types
Lumina Residence Georgetown Floor Plans & Pricing
Lumina Residence Georgetown offers versatile 3-bedroom layouts from 1,206 sf to 1,518 sf across 6 unit types. Types C, D, and D1 are still available — enquire now for availability.
Prices are indicative — register to confirm current rates.
Prime Location
Gurney Drive Neighbourhood, Georgetown
Lumina Residence is located at Lebuhraya Pykett, Georgetown, Penang Island — in the affluent low-density neighbourhood just next to Gurney Drive. The development offers unmatched connectivity to hospitals, international schools, and premier lifestyle amenities.
- 🏥 1km — Gleneagles Hospital Penang
- 🏥 1.5km — Island Hospital · Loh Guan Lye Specialists Centre
- 🏥 1.5km — Northern Heart Hospital Penang
- 🛍️ 3km — Gurney Plaza & Gurney Paragon Mall
- 🎓 4km — Wesley Methodist School Penang
- 🎓 6.5km — Stonyhurst International School Penang
- 🌊 1.5km — Gurney Bay
- ✈️ 18km — Penang International Airport
Trusted Developer
VST Group of Companies — Proven Track Record
Established in 1990, VST Group of Companies has delivered quality lifestyle developments across Penang Island for over 30 years. Their completed projects speak for themselves.
Codrington Residence
Freehold luxury condominium at Pulau Tikus, Georgetown — 198 units across 28 storeys in one of Penang's most sought-after upscale neighbourhoods.
Fairview Residence
Freehold residential development at Sungai Ara, Penang Island — affordable homes designed with quality finishes, delivering VST's commitment to quality lifestyle living.
Mont Residence
Freehold 38-storey condominium at Tanjung Tokong, Penang — 473 units with elevated hillside and sea views, completed 2018. Located minutes from Gurney Drive.
Invest in Penang
Lumina Residence Georgetown — Pricing Guide
No commitment required. Our sales team will contact you within 24 hours. Prices are indicative — register to confirm current rates.
Only 596 Units Across 2 Towers — Register for Priority Access
Be among the first to receive floor plans, pricing updates, and exclusive preview invitations for Lumina Residence Georgetown. No commitment required.
Common Questions
Frequently Asked Questions — Lumina Residence Georgetown
Prices at Lumina Residence Georgetown start from RM 984,000 for Type D (1,206 sf) and RM 990,000 for Type C (1,216 sf). Type D1 at 1,324 sf starts from RM 1,071,000. Please note that Types A, B, and B1 are fully sold out. Lumina Residence Georgetown is a luxury freehold new launch condo Penang Island 2025 with units ranging from 1,206 sf to 1,518 sf. Register below or WhatsApp us for the latest pricing.
The required downpayment for Lumina Residence during SPA signing is only 1 % of the purchase price. For Lumina Residence Georgetown, this means RM 9,840 for a Type D unit at RM 984,000. You may also use EPF Account 2 (now Account Flexible) to partially fund your downpayment. Our sales team can connect you with bank loan consultants to explore your financing options. Register below or WhatsApp us for a detailed financial breakdown.
Yes, buyers may use EPF Account 2 (Account Flexible) to finance the purchase of Lumina Residence Georgetown. EPF withdrawal is typically permitted for residential property purchases under the Housing Withdrawal scheme. The amount withdrawable depends on your EPF balance and property price. We recommend speaking with your bank early. Contact our sales team via WhatsApp for guidance on the process.
Lumina Residence Georgetown is a freehold residential title development eligible for standard residential mortgage financing from all major Malaysian banks. This includes Maybank, CIMB, Public Bank, RHB, Hong Leong Bank, and AmBank among others. As a freehold residential-titled project, it typically qualifies for up to 90% margin of financing for buyers. Register below and we will connect you with our panel bankers.
Lumina Residence is located at Lebuhraya Pykett, Georgetown, Penang Island — in the affluent low-density neighbourhood adjacent to Gurney Drive. The development sits within the Pykett Avenue enclave, one of Penang’s most prestigious residential addresses, flanked by Jalan Burma and Jalan Sultan Ahmad Shah. It is approximately 1km from Gleneagles Hospital Penang and 3km from Gurney Plaza. Lumina Residence Georgetown is a freehold condo near Gurney Drive Penang with unobstructed sea views from upper floors.
Several reputable international and national schools are within close reach of Lumina Residence Georgetown. These include Wesley Methodist School Penang (4km), Stonyhurst International School Penang (6.5km), Pelita International School (6.5km), and St. Christopher’s International School (4.5km). Dalat International School, Tenby Schools Penang, and Prince of Wales Island International School are also within 10km. This makes Lumina Residence ideal for families seeking a condo near international schools Georgetown Penang. WhatsApp us for more details.
From Penang Bridge, Lumina Residence Georgetown is approximately 9km — a 15 to 20 minute drive under normal traffic conditions. The development is accessible via Jalan Sultan Ahmad Shah and Lebuhraya Pykett, with easy access from Jalan Burma and Jalan Kelawai. Gurney Drive is just minutes away. The Penang International Airport is 18km from the development. Register below and we can share a detailed location map.
Lumina Residence Georgetown is a freehold development with residential title — meaning buyers own the property outright with no time restriction on ownership. Freehold properties in Penang Island carry significantly higher investment value compared to leasehold titles. As a freehold condominium in Georgetown’s prime Pykett Avenue enclave, Lumina Residence offers lasting value for both owner-occupiers and investors. Contact us via WhatsApp to learn more.
Lumina Residence Georgetown offers 29 resort-style facilities spread across two dedicated floors at Level 9 and Level 10. Level 9 features an Olympic-sized Pool, Sky Garden, Serenity Lawn, Pool Lounge, Sunken Seating Area, Wading Pool, Outdoor Gym, Gymnasium, Reflexology Path, Canopy Bridge, Multi-Purpose Hall, BBQ Pavilion, Maze Garden, Children Play Area, and Spice Garden. Level 10 adds Swing of Cocoan, Outdoor Lounge, Chess Corner, Study Room, Eden Terrace, Galleria Lounge, Reading Corner, and Games Room. Register below for a full facilities guide.
Lumina Residence Georgetown is estimated to complete in Q2 of 2027. VST Group of Companies has a strong track record of delivering completed projects earlier than estimated including Codrington Residence (Pulau Tikus), Mont Residence (Tanjung Tokong), and Fairview Residence (Sungai Ara). Buyers may expect vacant possession to be handed over upon CCC issuance. For updated project milestones, WhatsApp our sales team.
Yes — Lumina Residence Georgetown represents strong investment fundamentals as a freehold new launch condominium in Penang Island’s prime Gurney Drive enclave. Penang recorded RM71.9 billion in investment inflows in 2023, the highest in Malaysia. Georgetown was listed as a UNESCO World Heritage Site in 2008. Low-density freehold condos near Gurney Drive have historically commanded strong capital appreciation and rental demand from expatriates, medical tourists, and professionals working at nearby hospitals and institutions. WhatsApp us for investment analysis.
Freehold condominiums in the Gurney Drive and Pulau Tikus area of Penang Island typically achieve gross rental yields of 3% to 4.5% per annum. Demand is driven by expatriates attached to multinational companies in Penang’s FIZ, medical professionals at Gleneagles and Island Hospital, and international students. Units with Gurney Drive sea views command a premium rental. For a detailed rental yield projection specific to Lumina Residence Georgetown, register below or WhatsApp our investment team.
Lumina Residence Georgetown offers a rare combination of freehold title, low density (9 units per floor), generous layouts (1,206–1,518 sf), and a prime Pykett Avenue address — all at prices starting from RM 984,000. Comparable freehold condominiums in Pulau Tikus such as The Anton and The Cantonment are priced at RM1,300–RM1,350 psf. Lumina Residence Georgetown offers strong value relative to its location, density, and specifications. Register below to receive a full market comparison report.
Yes, foreign buyers are eligible to purchase units at Lumina Residence Georgetown, subject to Malaysian property foreign ownership guidelines. The minimum purchase price for foreign buyers in Penang is RM1,000,000. All the units selling price before rebate at Lumina Residence is above RM 1,000,000. Malaysia My Second Home (MM2H) holders enjoy streamlined purchase procedures. WhatsApp our team for foreign buyer guidance.
The maintenance fee for Lumina Residence Georgetown is RM 0.40 per square foot per month. For a 1,206 sf unit this would be RM 482.40 per month. Register below or WhatsApp us for confirmed figures.
The developer of Lumina Residence Georgetown is BSG and VST Group of Companies, a Penang-based property developer established since 1950s. BSG and VST Group has a proven track record of delivering quality residential developments across Penang Island including Codrington Residence (Pulau Tikus, completed 2024), Mont Residence (Tanjung Tokong, completed 2018), and Fairview Residence (Sungai Ara). Their commitment to ‘Providing Quality Lifestyle’ is built into every project they deliver. WhatsApp us to learn more.
Disclaimer: All information and illustrations contained herein are subject to change without prior notice and cannot be relied upon as an accurate description of the products. Prices are indicative and subject to change. For Internal Circulation Only.
Quick Links
Independent Agent Disclosure: This website is operated by Gabriel Khaw Chung Keat (REN 71321), a licensed Real Estate Negotiator under IQI Realty Sdn. Bhd. (Agency Registration No. E (1) 1584). This is an independent marketing website and is not affiliated with, nor the official website of, the property developer. All information is subject to change without notice. | Privacy Policy