Noordinz Suites Exsim @ 22Macalisterz Phase 2

2023 upcoming launching by Exsim, in the hottest investment spot of Penang – Georgetown. Strategically located in the hottes spot of Georgetown – Jalan Noordin, which provides a highest visibility, accessibility to toursist. All tourism spots (Good Food, Signature Tower, Famous place for instagrammable, jetties, streets, cafe) are all within walking distance, which bring alot convenience towards tourist, directly drive in the occupancy and demand to this new service condo!

Project Details for Noordinz Suites

• Freehold
• Land Usage : Commercial (HDA)
• Estimate Completion 48 Months from APDL
• Land Area : 1.9057 acres | 7,711.97sqm | 83,011 sqft
• Total 603 Units
• Building Height : 29 Storey
• Units Per Floor : Level 7-13A Approximately 38 Units
• Units Per Floor : Level 15-27 Approximately 24 Units
• Lift : 6 Passenger Lifts + 1 Service Lift

Who is your potential tenants?

• Local/Foreigner Tourism Market ( Top 3 Tourism Spot in Malaysia, majority tenants source as most of the tourist would come to stay in Georgetown when travelling to Penang, especially foreigners.)
• Medical Tourism (Georgetown – Top 1 Medical Tourism Spot in Malaysia, 14 Medical Specialist within the compound of this new project, 5-10Driving Distance)
• Education Tourism (More than 8 Colleges/Uni within 5mins distance from the project, in Georgetown)
• Youngster Market ( Anniversaries, party, gathering always be done in Airbnb by youngster, especially the location itself bring the most conviniency to them)
• Business & Expatriate (As one of the most business ongoing spot in Penang, there would be alot of business trip demand and expatriates who are sent to here for business related trip/stay)

Why Noordin Street Project?

• Freehold Title in Georgetown Address
• Georgetown Noordin Street would be the most peak season location in airbnb (Occupancy 70-90% in the whole year)
• Low Entry Pricing, From RM500k only
• Airbnb Demanded Layout in Penang (Studio and Dual key) Dual key = 2 studios
• Long term rental 3x higher then other Penang Region
• Top 1 Airbnb Developer – Exsim (More than 40+ projects and more than 10 pure investment airbnb projects)
• Free Airbnb Management by Exsim Operator (Top 3 in KL), handling all furnishing, operation etc..
• Comparing to other region/ state, Georgetown having the lowest supply when vs to the demand here as most of the land would be under protected/reserved area under state government to preserve the herittage area. It leads to higher occupancy and higher room rate in Georgetown, which results towars higher profit ROI.

Market analysis based on Mana – Mana Operator (Based on 2023 current rate) – Studio

Market analysis based on Mana – Mana Operator (Based on 2023 current rate) – Dual Key

Full set of Latest Market Analysis, Investment Strategy, Cash Flow analysis and holding plan is available for investor, kindly contact Maurice at 01156935598 to secure a zoom or showroom analysis.