The Light Point

Jalan Pantai Sinaran, 11700 Gelugor, Penang
Condominium Duplex
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Details:

Developer

Developer of The Light Point, IJM Land Berhad
IJM Land Berhad
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Chinese ad 4621 326x150 01

Facilities

Swimming Pool
Outdoor Reading Area
Leisure Pool
Reading Room
Children’s Pool
Sky Lounge
Changing Room
Multi-Purpose Hall
Deck
BBQ Area
Gymnasium
Lawn
Games Room
Children’s Playground
Reflective Pool

Property Details

2013 Jan
(Year of Completion)
This project was completed 8 years ago
RM 1,209,600 - RM 3,336,900
RM 1,600,000 - RM 3,130,000
RM 2,900 - RM 8,800
RM0.20psf
Built Up
1,830 SQ. FT - 4,089 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
28
Total Units
88
Parking
Min. 3

Description

The Light Point is a residential development located on the touristy island of Penang. With a total of 88 units, this low density development is the first phase of the integrated development of The Light Waterfront, Penang. Spanning 152 acres of freehold land, upon its completion residents will be surrounded by a wide range of commercial buildings such as hotels, an IT hub, business centres, office space and also a 7-acre landscaped seafront park.

As each unit comes with a wide and spacious balcony, residents will be able to enjoy the breeze of the sea without leaving their homes. Being a smart home, residents will not only able to control the lights and fans via central command interface, the installation of the Centralised Vacuum System in every unit will also assist in keeping the home dust-free. Sitting just beside Penang Bridge, residents will be able to enjoy good accessibility to either the mainland of Penang or the other major trunk roads such as Jalan Sultan Azlan Shah and Jalan Tunku Kudin.

24-hour
Security
No
Pet Friendly
Yes
Eco Friendly (GBI)
Nearby Restaurants
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Floor Plans:

Bedrooms 3 + 1
Bathrooms 3 + 1
Category Condominium
Built Up 1830 SQ. FT

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Nearby Amenities:

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Analysis of properties in the area:

This is a representation of historical transaction prices within the property, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop). Below is a list of transacted data for The Light Point over the last 24 months.

Did you know?

Transacted Prices able to let you make a better decision on how's the property trends in the neighbourhood.

Date Category Address Size Price Price (psf)
2020-03-18 Condominium xxxxxx✕, JALAN PANTAI SINARAN 1,927 SQ. FT RM 1,780,000 RM 923

Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
The Light Point Jan 2013 RM 1,200,000 - RM 4,350,000
RM 655 psf - RM 1,116 psf
RM 3,500 - RM 3,500 RM 1,565,000 (RM 754 psf) 3.19 %
The Light Collection III Jan 2015 RM 1,450,000 - RM 3,388,000
RM 731 psf - RM 1,278 psf
RM 3,500 - RM 3,500 NIL 1.64 %
The Light Collection II Jan 2014 RM 620,000 - RM 2,873,000
RM 852 psf - RM 1,368 psf
RM 1,800 - RM 1,800 RM 698,750 (RM 979 psf) 2.68 %
The Light Collection I Aug 2013 RM 1,020,000 - RM 4,200,000
RM 644 psf - RM 1,340 psf
RM 2,000 - RM 2,000 RM 1,195,000 (RM 769 psf) 2.0 %
The Light Linear Sept 2012 RM 897,000 - RM 1,350,000
RM 383 psf - RM 881 psf
RM 2,000 - RM 2,000 RM 1,025,750 (RM 677 psf) 2.3 %
The View 2007 RM 830,000 - RM 1,800,000
RM 397 psf - RM 609 psf
RM 2,000 - RM 2,000 RM 1,059,997 (RM 503 psf) 3.19 %

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - -
500 - 1,000 SQ. FT RM 1,003 psf - -
1,000 - 1,500 SQ. FT RM 736 psf - -
1,500 - 2,500 SQ. FT RM 645 psf - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 733 psf
Non Landed Properties
RM 0 psf
Landed Properties
RM 0 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 120,960
Loan Amount ( 90 %) RM 1,088,640
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 366 ±
RM 0.2 psf (1,830 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

Disclaimer

The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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