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.
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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) |
|---|---|---|---|---|---|
| 2015-09-11 | Condominium | xxxxxx, JALAN PANTAI SINARAN | 1,830 sq ft | RM 1,700,000 | RM 928 |
| 2015-08-22 | Condominium | xxxxxx, JALAN PANTAI SINARAN | 2,217 sq ft | RM 1,960,000 | RM 884 |
| 2015-11-21 | Condominium | xxxxxxA, JALAN PANTAI SINARAN | 1,701 sq ft | RM 1,800,000 | RM 1,058 |
| 2015-09-21 | Condominium | xxxxxx, JALAN PANTAI SINARAN | 1,927 sq ft | RM 1,510,000 | RM 783 |
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Check out the value of surrounding upcoming properties to make the best buying decision.
| Property Name | Year of Completion | Launch Price | Ad Selling Price |
|---|---|---|---|
| The Light Point | Jan 2013 | RM 1,209,600 - RM 3,336,900 |
RM 1,800,000
-
RM 2,400,000
RM 801 psf - RM 1,071 psf |
| The Light Collection IV | Mar 2017 | RM 1,600,000 - RM 18,240,000 | NIL |
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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 1,800,000
-
RM 2,400,000
RM 801 psf - RM 1,071 psf |
RM 3,800 - RM 3,800 | RM 1,710,750 (RM 912 psf) | 2.73 % |
| The Light Collection III | Jan 2015 |
RM 1,470,000
-
RM 2,250,000
RM 794 psf - RM 1,034 psf |
RM 3,000 - RM 3,000 | RM 1,270,000 (RM 682 psf) | 2.59 % |
| The Light Collection II | Jan 2014 |
RM 640,000
-
RM 2,200,000
RM 864 psf - RM 1,295 psf |
RM 1,800 - RM 1,800 | RM 1,503,687 (RM 1,017 psf) | 3.72 % |
| The Light Collection I | Aug 2013 |
RM 1,180,000
-
RM 1,980,000
RM 745 psf - RM 1,169 psf |
RM 2,500 - RM 2,500 | RM 1,356,250 (RM 849 psf) | 2.16 % |
| The Light Linear | Sep 2012 |
RM 880,000
-
RM 3,600,000
RM 566 psf - RM 1,440 psf |
RM 2,200 - RM 2,200 | RM 1,044,832 (RM 701 psf) | 1.5 % |
| The View | 2007 |
RM 930,000
-
RM 2,000,000
RM 449 psf - RM 920 psf |
RM 2,800 - RM 2,800 | RM 704,333 (RM 354 psf) | 3.32 % |
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 | RM 141 psf | - | - |
| 500 - 1,000 sq ft | RM 1,280 psf | - | - |
| 1,000 - 1,500 sq ft | RM 692 psf | - | - |
| 1,500 - 2,500 sq ft | RM 824 psf | - | - |
| 2,500 - 4,000 sq ft | RM 941 psf | - | - |
| 4,000 sq ft and above | - | - | - |
Note:
| Down Payment (10%) | RM 120,960 |
| Loan Amount ( 90 %) | RM 1,088,640 |
| Tenure Years | 35 Years |
| Interest Rate | % |
| Interest Amount | RM 1,088,640 |
| Others (Estimation) | RM 10,000 |
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