Keeperz Suites

Keeperz Suites starts from RM 742,000 nett for a Type A studio (484 sqft) and from RM 865,000 nett for a Type B Dual Key (581 sqft), after the developer’s 10% rebate. Gross prices before rebate start at RM 820,100 (Type A) and RM 956,400 (Type B). Both types are freehold and come with free legal fees on SPA and loan documentation. Contact us to check live unit availability and pricing.

With the 10% early bird rebate, most buyers require zero downpayment. Here’s how: the standard downpayment is 10% of the purchase price. The developer provides a 10% rebate which is deducted directly against this downpayment. If you secure 90% bank financing, the rebate covers the remaining 10%, meaning you start investing with no cash out of pocket beyond legal fees. Speak to us for a full financing breakdown specific to your unit.

Mana Mana Hospitality (the in-house operator) offers a Minimum Rental Return (MRR) of 6% per annum on nett price, OR 80/20 revenue sharing, whichever is higher, for a 3-year term. After Year 3, it continues on 80/20 revenue sharing for 2 more years. This means if your unit underperforms in any month, the operator tops up your income to hit the 6% floor. If your unit performs well, you benefit from the 80/20 split instead. T&C apply. Limited units eligible.

Based on Mana Mana Hospitality’s financial forecast at 77% occupancy: Type A (484 sqft) projects an average nett profit of RM 5,590/month or RM 67,080/year, representing ~9.09% ROI on nett price. Type B Dual Key (581 sqft) projects RM 6,992/month or RM 83,904/year, representing ~9.75% ROI. These are projection figures for indication only — actual returns vary seasonally. Contact us for the full Mana Mana financial forecast document.

When you appoint Mana Mana Hospitality, you receive: FREE fully furnished fit-out (sponsored by Mana Mana, worth RM 6,000–8,000), a Guest Ready Setup Package (free for first 100 units), 15 days owner free stay over 3 years, and full hands-off management including Airbnb listing, professional photography, 24/7 guest services, housekeeping, maintenance coordination, digital marketing, and monthly finance reporting. You simply collect your earnings.

Keeperz Suites is located directly next to the Penang bridge and opposite of Egate in Gelugor. It is less than 5 minutes from Penang Bridge, 10 minutes to George Town’s UNESCO Heritage Zone, and 2 minutes to Lotus’s Gelugor. The upcoming Penang LRT Laluan Mutiara also has a planned station in this area next to it, further enhancing connectivity.

Penang recorded 8.2 million tourist arrivals in 2024 and demand for quality short-stay accommodation continues to outpace supply, especially on Penang Island. The waterfront location, Penang Bridge views and sky facilities make Keeperz Suites a premium product that commands higher nightly rates (avg RM 250–320/night) compared to inland units. With Mana Mana’s established network and Malaysia Book of Records recognition, occupancy is actively managed and optimised.

Mana Mana Hospitality is recognised by the Malaysia Book of Records (August 2025) as the Largest Short-Stay Management Company Chain in Malaysia. They are Exsim’s in-house operator for Keeperz Suites, meaning the developer and operator are aligned — both have a vested interest in the project’s success. They handle everything from listing to housekeeping, using a centralised CRM, property management system, and digital marketing team.

Keeperz Suites offers 3 levels of facilities: At Level 1, a grand drop-off and lobby lounge. At Level 5 (The Dreamland), a themed playground, BBQ pavilion, seating lounge and urban herb garden. At Level 21 (The Sky), Tower A houses the Sky Gym, Game Room and Co-Working Space, while Tower B features the Connection to Horizon — a 32m infinity sky pool, family lounge, Jacuzzi, hydrotherapy pool, wading pool, sunken lounge and pool terrace. Two towers connected by a LinkBridge at Level 21.

Expected completion is estimated Q3 2030 (approximately 48 months after APDL obtained). As with all new property launches, completion timelines may shift subject to construction progress and authority approvals. The developer, Exsim Group, has a strong track record of delivering completed projects including 22 Macalisterz (Georgetown) and Scarletz Suites (KLCC).

Yes, selected Type B units with SPA value above RM 1,000,000 are eligible for foreign purchase. Foreign buyers will incur additional authority-related fees: Levy at 1.5% of SPA price, State Consent at RM 20,000, with total fees estimated at approximately RM 40,000 (including legal fees). For a foreign company, add an additional RM 20,000. Contact us for the full foreign buyer guide.

The maintenance fee is RM 0.94 psf per month including sinking fund. For a Type A (484 sqft), this works out to approximately RM 455/month. The developer will subsidise up to RM 0.46 psf (approximately RM 222/month for Type A) for 2 years after completion, in the event of any deficit in the maintenance account, reducing your effective fee during the initial period.

The current early bird package includes an 8+2% developer rebate (total 10%). This 10% rebate is applied directly against your 10% downpayment, so if you secure 90% bank financing, your downpayment requirement is effectively zero. Additionally, reservations can be secured with just RM 100 (subject to availability and T&C). This package is time-limited — contact us now to check if it is still available for your preferred unit.

Keeperz Suites is freehold, providing permanent land ownership with no leasehold expiry concerns. The title is commercial (HDA) — meaning it falls under the Housing Development Act protection, which provides buyers with full legal protections equivalent to residential purchases. Freehold commercial properties with HDA protection are rare in Penang and represent strong long-term capital value.

Simply fill in the registration form on this page or WhatsApp us directly at +60 17-795 7010. Our team will arrange a personal briefing, share the full Mana Mana investment package, help you select the best unit based on your budget and goals, and guide you through the booking process. There is no obligation and no pressure — we are here to help you make an informed decision.