The Capehauz Gelugor Review: From RM 859,000 — Worth It?

Quick answer: who is The Capehauz for?

The Capehauz suits singles, couples and small families who want a freehold home on Penang Island's east coast, close to the Tun Dr Lim Chong Eu Expressway, at a starting price of RM 859,000. There are only two sizes, 700 sq ft and 947 sq ft, so the choice is simple: a 1+1 bedroom unit or a 2+1 bedroom unit, both with two bathrooms. It is a weaker fit for a family that needs three proper bedrooms, or for anyone who wants a quiet building, because about 15 homes share each of the 52 floors. For the latest price list and available units, WhatsApp +60 17-279 8932.

My view

In one line: This is a freehold tower in Gelugor right beside the Tun Dr Lim Chong Eu Expressway, in just two sizes, every unit with two bathrooms, from RM 859,000. The catch is one 52-storey tower with about 15 units per floor, and no completion date or maintenance fee in the data yet.

The price: About RM 1,227 to RM 1,497 per sq ft gross. With only two sizes, the spread comes mainly from floor, view and position (worked example below). Among the neighbours compared below, The Lighthauz starts at a similar price with a slightly lower starting psf; Keeperz Suites has smaller units at a higher psf; Lightwater Residences is large family homes above RM 2 million. So I'd compare the actual units you are offered at The Capehauz and The Lighthauz, not just the starting psf.

Who it suits, who it doesn't: It suits singles and couples who want two bathrooms in a compact unit, drivers who use the expressway, the bridge or the airport often, and buyers who want freehold on the island. It doesn't suit families who need three full bedrooms: in the 2+1, the "+1" is a small room, so treat it as two bedrooms and a study. Nor does it suit anyone who wants a low-density building or a fixed completion date before committing.

How long to hold: Type A suits one or two people for a few years; a couple planning children, I'd point straight to Type B or C, which can be lived in longer. Once children need three proper bedrooms, you may need to move.

Check for yourself at the viewing: Whether the Type A unit comes with 1 tandem bay or 2 separate bays, and if you both drive, put it in the contract; ask in writing for the completion date and the fee per sq ft; put the Type B and C plans side by side to compare which way the living room faces, whether the kitchen has a window and where the "+1" room sits; and ask which positions face the sea and which face the expressway. Foreign buyers should first check Penang's minimum purchase price.

• Suits: singles and couples who want two bathrooms in a compact unit; owners who drive and use the expressway, the bridge or the airport often; buyers who want a freehold title on the island.
• Think twice if: you need three full bedrooms, you want a low-density building, or you want a fixed completion date before you commit.

Project facts (checked, updated October 2026)

The project data does not include a land size, a maintenance fee or a completion date yet. I have left them out rather than guess. Ask the sales team for all three in writing.

Who is the developer?

The Capehauz is listed under EXSIM and Majestic Gen. EXSIM is a private developer based on Old Klang Road in Kuala Lumpur, and its completed projects include D'Tessera Residences, D'Nuri Residences in Desa Petaling, Millerz Square and The Rosewoodz. Majestic Gen is based at Pavilion Damansara Heights in Kuala Lumpur, with Majestic Residence and D'Cendana 8C and 8D in Semenyih among its completed work. Both are better known in the Klang Valley than in Penang, so if you are a Penang buyer, ask to see their finished buildings or speak to owners there. It is also worth asking for the developer's licence and advertising permit numbers for The Capehauz, which should appear on every official brochure.

What is near The Capehauz?

The distances below are measured in a straight line from the project's map pin. Real walking or driving routes are always longer.

The developer also names these places as part of the location story, without distances: the Tun Dr Lim Chong Eu Expressway, the Penang Bridge, Penang International Airport, The Light City, The Waterfront Shoppes, the Penang Waterfront Convention Centre, a 750 m waterfront promenade, the George Town UNESCO World Heritage Site, Kek Lok Si Temple, the Air Itam area and the Lin Xiang Xiong Art Gallery.

How to read this. The useful daily trio is a hypermarket, a clinic and a mall all within about half a kilometre. Schools are a short drive rather than a walk, and the nearest named primary schools are both about 1.4 km away. For most residents the car will still be the main way to get around, which is why the car park allocation below matters.

Which layout suits you?

All sixteen variants fall into two sizes. The letters and suffixes mark different positions and orientations on the floor plate; some are marked "(M)".

What I would pick. If you are one or two people, Type A is the point of the building: 700 sq ft with two bathrooms is generous for its size. Ask carefully about the car parks, though, because Type A comes with either one tandem bay or two single bays. A tandem bay means one car blocks the other, which is fine for one driver and a nuisance for two. If both of you drive, ask for a Type A unit with two single bays and get it written into the agreement.

If you are a family, Types B and C are the same size and the same bedroom count, so the choice comes down to the plan. Lay them side by side and check three things: which way the living room faces, whether the kitchen has a window, and how far the "+1" room is from the bedrooms. A small room near the entrance works as a study; one tucked beside the kitchen is really a store.

What does the price range tell you?

The price list runs from RM 859,000 to RM 1,417,200. Because there are only two sizes, almost all of that spread comes from floor level, view and position on the floor plate rather than from size. Two 947 sq ft units can be several hundred thousand ringgit apart.

That is useful for a buyer. It means you can decide how much a higher floor or a better view is worth to you, and pick the stack to match your budget, instead of shrinking the home. A worked example on a round figure shows the gap: on a 947 sq ft unit, a difference of RM 100 per square foot is about RM 94,700. Ask for the price list by stack, and ask which stacks face the water and which face the expressway or the hills.

What else does it cost to buy?

Beyond the price itself, plan for the usual costs of buying a new home in Malaysia:

• Legal fees for the sale and purchase agreement and the loan agreement.
• Stamp duty on the transfer, worked out on the property price under the Stamp Act scale. Our stamp duty guide explains the tiers.
• Stamp duty on the loan, which is 0.5% of your loan.
• Furnishing and fit-out, because the project data does not list a furnishing package.
• Maintenance fee and sinking fund from vacant possession. The rate is not in the project data yet, so ask for it before you book.

A generic example: on a RM 500,000 loan, loan stamp duty is RM 2,500. Do the same sum on your own loan amount.

Buying as a foreigner

Foreign buyers can buy in Penang, but they need approval from the state authority, and Penang sets its own minimum price for foreign purchases. The threshold and the rules on which units qualify can change, so check them for your exact unit and budget before you pay a booking fee. Our guide to foreigner minimum prices by state is a starting point, but confirm the current figure with your lawyer.

How it compares with its neighbours

The Capehauz sits in a cluster of new freehold launches along the Gelugor coast. The three below are within a few hundred metres of it, and Noordinz Suites in George Town is about 4 km away.

How I read it. The Lighthauz is the closest match: same coast, similar entry price and a similar size range, with a slightly lower quoted psf at the start of its range. Keeperz Suites is a smaller-unit product at a higher psf, aimed at studio and dual-key buyers. Lightwater Residences, in The Light City, is a different league, with large family homes from over RM 2 million. The Capehauz sits between them: bigger than Keeperz, much cheaper than Lightwater, and close to Lighthauz. If you are choosing between The Capehauz and The Lighthauz, compare the actual unit you are quoted at both, including the car park arrangement, the fee and the completion date, rather than the headline psf.

Facilities

The facilities named in the sales kit include the Joy Hub, a Coastal Lounge (sky lounge), a games room, Little Mariners (a wading pool for children), the Cloud Lagoon (a shallow pool with seating), an Azure Hammock area, the Celestial Pool (a sky pool), sun loungers on a sky deck and a jacuzzi. The water theme runs through the names, and the sky-level pool and deck are the headline. Ask which floor the sky facilities sit on and whether they are shared by the whole tower, as with 596 homes the pool deck will be busy on weekends.

Pros and cons (my view)

Questions to ask before you book

1. What is the completion date in the sale and purchase agreement, and what is the construction period?
2. What is the estimated maintenance fee and sinking fund per square foot?
3. For a Type A unit, is the car park tandem or two single bays, and where are the bays?
4. Which stacks face the water, and which face the expressway?
5. What is included in the unit at handover: kitchen cabinets, air-conditioning, water heaters?
6. What is the land title type?

How to view The Capehauz

WhatsApp Shyan Yee (REN 46305, IQI Realty) at +60 17-279 8932 for the price list, floor plans and a viewing appointment. Full specifications are on The Capehauz project page.