14 Houses for Sale at Mansion One, George Town, Penang
Reviewed by iProperty Editorial Team, June 2025Quick SummaryMansion One is a freehold serviced residence in George Town, Penang, acquired and refurbished by Magna Putih Sdn Bhd, a subsidiary under MPSB Group. The development occupies a 31-storey building at the junction of Jalan Sultan Ahmad Shah and Jalan Pangkor in the George Town Central Business District, originally constructed in 1998 as Northam Tower. 277 residential suites are contained within the building, which also includes hotel rooms operated as Vouk Hotel Suites. Built-up sizes range from approximately 568 sq ft to 1,406 sq ft, with layouts from 1 to 3 bedrooms. The building's main locational strength is its CBD position adjacent to Gleneagles Hospital Penang and approximately 1 km from Gurney Drive. Practical trade-offs include the mixed residential-hotel character, Gurney Drive area peak-hour congestion, and the absence of rail transit in George Town.Key FactsProject name: Mansion OneDeveloper: Magna Putih Sdn BhdParent company or group: MPSB GroupLocation: Jalan Sultan Ahmad Shah (Northam Road), George Town, 10050 PenangProperty type: Serviced residence (mixed with hotel rooms)Tenure: FreeholdTotal residential suites: 277Number of towers: 1 blockStoreys: 31 storeysUnit size range: approximately 568 sq ft to 1,406 sq ftBedrooms: 1, 2, or 3 bedroomsCar park allocation: Covered basement car park providedOriginal building name: Northam Tower (built 1998; acquired by Magna Putih 2011) What Is Mansion One? Overview and Core IdentityMansion One is a freehold serviced residence in George Town's Central Business District, Penang, developed through acquisition and refurbishment by Magna Putih Sdn Bhd, a subsidiary under MPSB Group. The building was originally constructed in 1998 as Northam Tower and served various office and institutional uses before being acquired by Magna Putih in 2011 for RM 200 million.The building stands 31 storeys and contains 277 residential suites alongside hotel rooms operated as Vouk Hotel Suites within the same building. The residential and hospitality components share the building's infrastructure. A historic colonial mansion known as Hardwicke House is part of the property. The refurbishment was completed between 2014 to 2015.Where Is Mansion One Located? Location and Public TransportMansion One is located at the junction of Jalan Sultan Ahmad Shah and Jalan Pangkor in George Town's CBD, adjacent to Gleneagles Hospital Penang. The Gurney Drive seafront is approximately 1 km away on foot. Komtar, George Town's commercial and transport hub, is approximately 2 km away.George Town does not have a rail transit system. Rapid Penang bus services operate along Jalan Sultan Ahmad Shah and nearby roads, connecting to Komtar, Butterworth, and other parts of Penang Island. Penang International Airport is approximately 15 km away from the development.What Roads Serve Mansion One? Road Access and Traffic RealityMansion One is accessible via Jalan Sultan Ahmad Shah (Northam Road), Jalan Pangkor, and Jalan Kelawai. These roads connect to Persiaran Gurney toward Gurney Drive and to the city's main arterial roads toward Komtar and the rest of George Town.The Gurney Drive and Northam Road corridor experiences significant congestion during weekday peak hours and on weekends, particularly during public holidays when tourist and local traffic increases. The narrow road network in George Town's CBD adds to traffic friction. Penang Bridge is approximately 9.9 km away. The Second Penang Bridge is approximately 17.9 km.What Are the Unit Sizes at Mansion One? Unit Layouts and ParkingMansion One offers 277 residential suites across 1 to 3 bedroom layouts, with built-up sizes from approximately 568 sq ft to 1,406 sq ft. The building includes a range of studio and suite configurations.1-bedroom units: from approximately 568 sq ft to approximately 658 sq ft2-bedroom units: from approximately 818 sq ft to approximately 1,003 sq ft3-bedroom units: from approximately 1,234 sq ft to 1,406 sq ftCovered basement car park bays are provided per unit. Sea-facing and city-facing views are available depending on floor and orientation.What Facilities Does Mansion One Have?Facilities at Mansion One include a sky infinity pool, spa, bar, gymnasium, games room, children's playground, salon, sauna, jacuzzi, putting green, reflexology path, wellness corner, multi-purpose hall, leisure park, business centre cafe, launderette, landscaped garden, lounge meeting room, function room, recreation room, and steam bath. 24-hour security is provided throughout the development.Sky-level facilities including the infinity pool and bar are accessible at upper podium levels, offering sea and city views.Is Mansion One High Density? Density and Vertical Living277 residential suites across 31 storeys represents a relatively small residential community in a high-rise format. The building also accommodates hotel rooms alongside the residential suites, which means lift access and lobby areas serve both permanent residents and transient hotel guests simultaneously.This mixed-use character is a practical consideration for residents who prefer a purely residential community environment. On the other hand, the hotel management structure means concierge services and building management are hotel-standard, which may be an advantage for residents seeking managed living.What Amenities Are Near Mansion One?ConnectivityRapid Penang bus services from Jalan Sultan Ahmad Shah toward Komtar and ButterworthKomtar bus terminus, approximately 2 kmShopping & AmenitiesPenang Plaza, approximately 1 km1st Avenue Mall, approximately 2 kmPenang Times Square, approximately 1.7 kmPrangin Mall, approximately 2.5 kmFood ParadiseGurney Drive hawker centre and seafood restaurants, approximately 1 kmGeorge Town heritage food street and hawker clusters, within approximately 2 kmShop lots along Jalan Sultan Ahmad Shah, within approximately 300 mTop SchoolsPykett Methodist School, within approximately 1 kmWellesley Primary School, within approximately 1 kmWawasan Open University Penang campus, within approximately 2 kmLeisureGurney Drive waterfront promenade, approximately 1 kmPenang Botanic Gardens, approximately 4 km by carAll distances are approximate, measured from Jalan Sultan Ahmad Shah. Drive times are off-peak estimates. The Gurney Drive and Northam Road corridor is subject to traffic congestion during peak hours and public holidays.How Does Mansion One Compare With Nearby Condominiums?Scott Residence (George Town, Penang) is a serviced residence also in the George Town CBD, in close proximity to Mansion One along the Northam Road corridor. PropSocial references Scott Residence as a comparable nearby development. It targets a similar market of professional and investor buyers in the George Town CBD area.The Manor (George Town, Penang) is another serviced residence referenced in the same George Town CBD market. PropSocial lists The Manor as a nearby comparable. The George Town CBD serviced residence market is characterised by its UNESCO World Heritage Zone designation, freehold land, and high concentration of foreign buyer interest, which places Mansion One in a competitive set of boutique high-rise residences along the Gurney Drive and Northam Road belt.Who Is Mansion One Suitable For?Mansion One may suit professionals working in or near George Town's CBD, expatriates seeking a managed serviced residence in Penang's prime seafront district, and investors targeting the George Town short-stay and long-stay market. The hotel component within the building supports short-term rental management for investors who prefer a serviced building structure.The sea-facing and city-facing views from upper floors, the CBD address, and the Gleneagles Hospital Penang adjacency make it relevant for medical professionals and healthcare-related relocations. It is less suited to families needing multiple bedrooms in larger built-up sizes at more affordable price points compared to suburban Penang alternatives.What Are the Main Trade-Offs to Consider?The mixed residential-hotel character of Mansion One is the most distinctive practical consideration. Lift lobbies, common areas, and building management serve both permanent residents and hotel guests. Residents who prefer a purely residential environment may find the transient hotel population a consideration for community character and privacy.George Town's road network is dense and subject to congestion, particularly on Jalan Sultan Ahmad Shah, Gurney Drive, and Northam Road during peak hours and public holidays. There is no rail transit in George Town, making car or bus the primary commuting options for residents without walking proximity to their workplace.The building's original 1998 construction and subsequent refurbishment means buyers should assess building condition, maintenance fund status, and ongoing upkeep standards when evaluating long-term occupancy.This digest is based on verified developer sources, official transport data, and map-confirmed distances as of June 2025.
DeveloperMagna Putih
Explore iProperty
Mansion One is a freehold condominium in George Town, Penang. There are currently 14 listing(s) available for sale on iProperty Malaysia. The listings start from RM600K for units with 750 sqft.
You can search for other projects within George Town such as Springtide Homes, HelicoNia Hotel, and The Rice Miller City Residences. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying Mansion One
Roughly 1 in 100 property searches in George Town over the last 30 days were for Mansion One. The 2-Bedroom configuration is the most-searched among the 20 total units currently available for sale. Asking prices for 2-Bedroom units sit slightly above the George Town average. The single Studio unit currently listed represents just 1 of the 20 units currently available, a reflection of its rarity rather than a shift in the wider market.
Developer & Launch
Mansion One is a Service Residence developed by Magna Putih and located in George Town. The project reached completion in 2014.
This Freehold development consists of 336 units within 1 building that stands 31 floors high. The available unit configurations include the 1-Room Designer Suite with 1 bedroom and 1 bathroom ranging from 568 to 658 sq ft, the 2-Room Designer Suite with 2 bedrooms and 2 bathrooms ranging from 758 to 1,003 sq ft, and the 3-Room Designer Suite with 3 bedrooms and 2 bathrooms ranging from 1,313 to 1,406 sq ft.
Top Amenities & Facilities at Mansion One
Mansion One provides a selection of essential facilities designed to support the daily needs and lifestyle of its residents. These on-site amenities offer spaces for recreation, fitness, and community activities within the development.
- Swimming pool
- Playground
- Perimeter Fencing
- Gym
- Multi-purpose hall
Pricing by Unit Type
- 1-Bedroom
- Average asking price: RM 595K
- Asking PSF: RM 899 psf
- vs. George Town avg. PSF: RM 1,132 psf (20.59% below average)
- Positioning: Budget-friendly.
- Listings: 3
- Studio
- Average asking price: RM 630K
- Asking PSF: RM 1,019 psf
- vs. George Town avg. PSF: RM 1,314 psf (22.42% below average)
- Positioning: Below average.
- Listings: 1
- 2-Bedroom
- Average asking price: RM 752K
- Asking PSF: RM 881 psf
- vs. George Town avg. PSF: RM 853 psf (3.28% above average)
- Positioning: Fair value.
- Listings: 13
- 3-Bedroom
- Average asking price: RM 1.06M
- Asking PSF: RM 767 psf
- vs. George Town avg. PSF: RM 751 psf (2.11% above average)
- Positioning: Fair value.
- Listings: 3
Neighbourhood at a Glance
Mansion One is situated within walking distance of essential services including the Gleneagles Medical Centre Penang and the Gleneagles Ii Bus Stop. This location provides buyers with direct access to established healthcare, transport, and retail facilities in George Town.
- TRANSPORT: Gleneagles Ii Bus Stop, 210 m (3 minutes walking distance)
- HEALTHCARE: Gleneagles Medical Centre Penang, 263 m (3 minutes walking distance)
- RETAIL: France Taipei Bridal Penang, 638 m (8 minutes walking distance)
- EDUCATION: E-Bridge Pre School, 430 m (5 minutes walking distance)
- FOOD & BEVERAGE: Starbucks, 116 m (1 minute walking distance)
- CONVENIENCE STORE: Mynews.Com, 134 m (2 minutes walking distance)
Past Transaction & Price Insights
Mansion One recorded historical transactions from 2023 to 2025 with a median price of RM766 PSF. The typical range for these transactions was between RM716 PSF and RM805 PSF.
A 1-bedroom 1-Room Designer Suite of 568 sqft sold for RM470,000 (RM827 PSF) in October 2023. A 3-bedroom 3-Room Designer Suite of 1,406 sqft sold for RM820,000 (RM583 PSF) in January 2024. The price trend showed a rise of 0.05%.
Who It's For
Young Families
The project offers family-oriented facilities including a gym, multi-purpose hall, and a playground, alongside 24-hour security for resident safety. E-Bridge Pre School is situated within walking distance at 430 m away, allowing for a quick 5-minute walk. Family-sized 3-Bedroom units are priced in line with the George Town average, while 2-Bedroom units are slightly above the George Town average.
Ready to Make Your Move?
21 homes are currently for sale at Mansion One, starting from RM550,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.













