Tasek Gelugor XChange (TGX) is located in Tasek Gelugor at a junction connecting parts of Penang and Kedah, within a developing suburban corridor in North Seberang Perai. The site is accessible via the North–South Expressway and is within walking distance of the Tasek Gelugor KTM station, providing connections to nearby towns and employment areas. Its surrounding context includes residential developments and industrial zones, contributing to regular movement within the area.
The project, undertaken by Island Landcap Properties Group, is a mixed-use development with an estimated gross development value of RM320.9 million, comprising a total of 644 units. This includes 308 commercial units in Phase 1 and 336 residential units planned for Phase 2. Commercial units range in size from approximately 1,182 to 9,272 sq.ft., while residential units are designed between 750 and 1,000 sq.ft., reflecting a combination of business and residential components within a single development.
The commercial portion includes retail and service-oriented spaces, with several known brands identified as tenants, such as Starbucks, 7-Eleven, Krispy Kreme, Kenny Rogers, Zus Coffee, Tealive and Anytime Fitness. A rooftop event space is also planned, intended for uses such as small-scale events and weekend activities. The development incorporates features such as parking facilities, internal road circulation and pedestrian pathways to support accessibility and day-to-day use.
Project Name: Tasek Gelugor Xchange
Location : Tasek Gelugor
Property Type : Mixed development
Total Units : 308 (Phase 1 – Commercial)
Built-up Size: 1,182 to 9,272 sq.ft. (Commercial)
Land Tenure : (to be confirmed)
Indicative Price : RM1,440,000 onwards
Developer : Island Landcap Properties Group
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DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.
