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Three-bedroom homes in two 44-storey towers on Pykett Avenue

Lumina Residence | Pykett Avenue, Georgetown

Lumina Residence is a freehold condominium of 596 homes in two 44-storey towers on Pykett Avenue, Georgetown, built on a residential title. Every layout has three bedrooms and two bathrooms, sized from 1,206 sq ft (Type D) up to 1,518 sq ft (Type A), and prices run from RM1,176,450 to RM1,730,750. Completion is expected in Q4 2027.
From
RM1,176,450
Sizes
1,206 – 1,518 sq ft
Bedrooms
3
Units
596
Completion
Expected Q4 2027

Also known as Lumina Residence · Freehold · Developer: VST joint venture with BSG · Prices are gross and change with unit and floor.

Lumina Residence | Pykett Avenue, Georgetown

Pykett Avenue, Georgetown, Penang

Lumina Residence towers at dusk with the Georgetown skyline, artist's impression
Lumina Residence is being built on a freehold site of approx. 3.3 acres on Pykett Avenue in Georgetown, and VST joint venture with BSG is the developer. The plan is two towers of 44 storeys with 596 homes. Each tower floor has nine units and each tower has four lifts, so only two or three households share a lift on any floor. Every one of the six plans is a three-bedroom, two-bathroom unit, from 1,206 sq ft (Type D) up to 1,518 sq ft (Type A). That fits families with children, couples who want a study or guest room, and owners moving up from a smaller flat. It does not fit anyone looking for a studio, a one-bedroom unit or a low entry price, as none of those is offered. Keys are expected in Q4 2027, so the purchase suits buyers who can wait until late 2027. Foreign buyers: Penang sets RM1,000,000 as the minimum for a strata home on the island, and every unit here is priced above it, from RM1,176,450. Each purchase still needs approval by the State Authority.
Project Details
Development
Lumina Residence @ Georgetown
Developer
VST joint venture with BSG
Land Title
Residential title
Land Area
About 3.3 acres
Tenure
Freehold
No. of Towers
2 Towers
Total Units
596 units
Total Floors
44 storeys
Total Unit Per Floor
9 units per floor per tower
Lifts Per Floor
4 lifts per tower
Unit Size
Type D | 1,206 sq.ft. | 3 Bedroom
Type C | 1,216 sq.ft. | 3 Bedroom
Type D1 | 1,324 sq.ft. | 3 Bedroom
Type B | 1,346 sq.ft. | 3 Bedroom
Type B1 | 1,432 sq.ft. | 3 Bedroom
Type A | 1,518 sq.ft. | 3 Bedroom

What Stands Out at Lumina Residence

Six points from our records that shape everyday life in the two towers.

Three Bedrooms in Every Unit

All six layouts, Types A to D1, have three bedrooms and two bathrooms. Sizes run from 1,206 sq ft for Type D to 1,518 sq ft for Type A, so the choice comes down to floor area and plan shape rather than room count.

Nine Homes, Four Lifts

Each tower floor holds nine units, and four lifts serve each tower. That is two or three homes per lift on a floor, which keeps the lift lobby less busy than in towers that put many more units on one level.

Two or Three Car Bays

Every unit comes with two to three car parks. One bay per unit is wired with a plug point that can take an EV charger, with electricity for charging subject to management. A two-car household should not need to rent an extra bay.

Facilities on Levels 9 and 10

Facilities spread over levels 9 and 10: the Olympic-sized pool with a wading pool and pool lounge, a sky garden, a serenity lawn, maze and spice gardens, a canopy bridge, indoor and outdoor gyms, a multi-purpose hall, a barbeque pavilion and a play area for children. A sky pool is part of the plan as well.

Freehold on a Residential Title

The land is freehold and the homes sit on a residential title. For a foreign buyer in Penang, that title carries the lower state application fee of RM10,000 per title instead of the RM20,000 charged on a commercial title.

Price per Square Foot and Upkeep

Listed prices work out to about RM975 psf. The maintenance estimate, sinking fund included, is RM0.35 psf, so a 1,518 sq ft Type A pays proportionally more each month than a 1,206 sq ft Type D.

Type

D

1,206 sq.ft.
3 Bedroom + 2 Bathroom
Lumina Residence floor plan, Type D, 1,206 sq ft

Type

C

1,216 sq.ft.
3 Bedroom + 2 Bathroom
Lumina Residence floor plan, Type C, 1,216 sq ft

Type

D1

1,324 sq.ft.
3 Bedroom + 2 Bathroom
Lumina Residence floor plan, Type D1, 1,324 sq ft

Type

B

1,346 sq.ft.
3 Bedroom + 2 Bathroom
Lumina Residence floor plan, Type B, 1,346 sq ft

Type

B1

1,432 sq.ft.
3 Bedroom + 2 Bathroom
Lumina Residence floor plan, Type B1, 1,432 sq ft

Type

A

1,518 sq.ft.
3 Bedroom + 2 Bathroom
Lumina Residence floor plan, Type A, 1,518 sq ft

Type

Quick answers

Lumina Residence at a glance

How much is Lumina Residence?
From RM1,176,450 (gross), for the smallest units around 1,206 sq ft.
When is the completion date?
Completing Q4 2027 (developer's expected date; dates can move).
Freehold or leasehold?
Freehold.
What sizes are there?
1,206 to 1,518 sq ft.
Floor plans and brochure?
The layouts are further down this page; ask us on WhatsApp for the full brochure.

For the latest price list and available units, WhatsApp +60 10-827 8932.

Monthly

Roughly what it costs each month

For the smallest unit (1,206 sq ft) at the starting price of RM1,176,450.

Loan repayment
about RM5,010
90% loan, 35 years, 4.5% a year
Maintenance
about RM420
RM0.35 per sq ft, as published
Together
about RM5,430
before utilities and insurance

An illustration, not a quote. Banks' published reference home-loan rates ranged from about 4.1% to 5.2% in September 2026, and the margin and tenure you get depend on the bank and on you. Stamp duty on the loan agreement is 0.5% of your loan. Work it out for another unit →

Compare

Every George Town project we track

We track 2 projects in George Town, starting from RM682,870 (Noordinz Suites) up to RM1,176,450 (Lumina Residence). Unit sizes run from 377 to 1,518 sq ft. 2 are due in 2027.

ProjectFromPer sq ftSizesStatus
Noordinz SuitesRM682,870about RM1,811377–603 sq ftCompleting Q3 2027
Lumina Residence (this page)RM1,176,450about RM9751,206–1,518 sq ftCompleting Q4 2027

Per sq ft is the starting price divided by the smallest unit — a rough guide, not a quoted rate.

Compare

Compare side by side with nearby projects

vs Avéavs Marisvs Noordinz Suites

Where Lumina Residence Sits

Lumina Residence stands on Pykett Avenue, Georgetown 10400, on a street of colleges, schools and clinics. Distances below are measured in a straight line from the site. Education: SJK (C) Union at about 140 m, MCKL College’s Pykett campus at about 120 m, and the campus of UOW Malaysia KDU Penang University College at about 240 m. Medical: Pusat Pakar Public at about 180 m and Klinik Tropika at about 420 m. Groceries and malls: Giant Hypermarket at about 330 m, Penang Plaza at about 350 m, Better Grocer at about 670 m, Penang Times Square at about 1.2 km and ICT Digital Mall @ Komtar at about 1.3 km. Green space: Irrawaddy Road Pocket Park at about 410 m and Taman Lalulintas at about 570 m. Beyond these, Gleneagles Hospital Penang, Island Hospital, Gurney Plaza, Gurney Paragon Mall and Swettenham Pier serve the wider area, and the Penang Bridge is the road link to the mainland.
Lumina Residence location map, Georgetown

Ask About Lumina Residence

Message us for the latest price list, a check on which units remain and the floor plans for Types A to D1.

How Lumina Residence compares nearby

The 4 projects on our list closest to Lumina Residence, by straight-line distance. Price per square foot is the starting price divided by the smallest layout.

ProjectDistanceFromSmallest unitPer sq ftTenureCompletion
Lumina Residence (this project)–RM1,176,4501,206 sq ftRM975FreeholdExpected Q4 2027
Noordinz Suitesabout 1.7 kmRM682,870377 sq ftRM1,811FreeholdExpected Q3 2027
Avéaabout 2.3 kmRM751,300678 sq ftRM1,108FreeholdExpected 2030 (estimated May 2030)
Marisabout 2.4 kmRM904,000979 sq ftRM923FreeholdExpected Q4 2029
The Lumeabout 3.0 kmRM2,250,0001,722 sq ftRM1,307FreeholdExpected Q1 2029

Of these 5 projects, Lumina Residence has the 4th-lowest starting price and the 2nd-lowest price per square foot.

Prices are gross starting prices as published by each developer and change by unit and floor.

Frequently asked questions

Information last updated: 22 October 2026

Where is Lumina Residence?

The address is Pykett Avenue, Georgetown, 10400 Penang. Measured in a straight line, Giant Hypermarket is at about 330 m and Penang Plaza at about 350 m, while the campus of UOW Malaysia KDU Penang University College is at about 240 m.

Is Lumina Residence freehold?

Freehold, on a site of approx. 3.3 acres, and the homes will be on a residential title rather than a commercial one.

How much do units at Lumina Residence cost?

Our records list RM1,176,450 for the lowest-priced unit and RM1,730,750 for the highest, about RM975 psf overall.

What sizes and layouts are available at Lumina Residence?

Six types, each with 3 bedrooms and 2 bathrooms. By size: Type D 1,206 sq ft, Type C 1,216 sq ft, Type D1 1,324 sq ft, Type B 1,346 sq ft, Type B1 1,432 sq ft and Type A 1,518 sq ft.

When will Lumina Residence be completed?

Completion is expected in Q4 2027. The project is under construction.

Who is developing Lumina Residence?

The developer is VST joint venture with BSG.

How many units and lifts does Lumina Residence have?

There are 596 units in two towers of 44 storeys. Each tower floor has nine units, and each tower has four lifts.

What is the maintenance fee at Lumina Residence?

The estimate is RM0.35 per sq ft, including the sinking fund.

How many car parks come with a unit at Lumina Residence?

Each unit comes with two to three car parks. One of them has a plug point that can take an EV charger; electricity for charging is subject to management.

Can foreigners buy at Lumina Residence?

Yes. Penang's minimum price for foreigners buying island strata property is RM1,000,000, and the cheapest unit here is RM1,176,450, so every unit qualifies on price. The purchase still needs approval by the State Authority.

What does a foreign buyer pay the state at Lumina Residence?

Three items. First, the state application fee: RM10,000 per title, as Lumina Residence carries a residential title; a lawyer files the application. Second, the levy, due within 30 days of approval: 1.5% when the unit costs between RM1,000,000 and RM1,500,000, or 3% when it costs more than RM1,500,000. Third, a holding rule rather than a charge: a foreign owner cannot resell within the first 3 years after the SPA. Penang sets RM500,000 for MM2H participants, capped at two units; the MM2H buyer must still reach the higher of this and the programme's own property minimum.

Who is Lumina Residence suited to?

Going by its record, Lumina Residence suits families who need three bedrooms or more (layouts go up to 1,518 sq ft); foreign buyers (it starts above Penang island's RM1,000,000 minimum for a foreign buyer of a strata home); buyers watching monthly costs (maintenance is RM0.35 per sq ft, below the RM0.40 median of the projects we track).

Where to look next

The projects closest to this one on the things buyers actually compare.