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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Did you know?
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 |
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 1,800,000
-
RM 2,400,000
RM 801 psf - RM 1,071 psf |
RM 3,800 - RM 3,800 | RM 1,800,000 (RM 1,058 psf) | 2.73 % |
| The Light Collection III | Jan 2015 |
RM 1,450,000
-
RM 2,380,000
RM 779 psf - RM 1,278 psf |
RM 3,000 - RM 3,000 | RM 1,270,000 (RM 682 psf) | 2.2 % |
| The Light Collection II | Jan 2014 |
RM 640,000
-
RM 2,200,000
RM 800 psf - RM 1,295 psf |
RM 1,900 - RM 1,900 | RM 1,389,500 (RM 1,031 psf) | 3.76 % |
| The Light Collection I | Aug 2013 |
RM 1,180,000
-
RM 1,850,000
RM 745 psf - RM 1,169 psf |
RM 2,300 - RM 2,300 | RM 1,305,000 (RM 839 psf) | 3.56 % |
| The Light Linear | Sep 2012 |
RM 880,000
-
RM 1,550,000
RM 378 psf - RM 1,050 psf |
RM 2,000 - RM 2,000 | RM 1,083,833 (RM 729 psf) | 2.67 % |
| The View | 2007 |
RM 930,000
-
RM 2,000,000
RM 449 psf - RM 920 psf |
RM 2,800 - RM 2,800 | NIL | 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 688 psf | - | - |
| 1,500 - 2,500 sq ft | RM 843 psf | - | - |
| 2,500 - 4,000 sq ft | RM 1,240 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 | 4.85% |
| Others (Estimation) | RM 10,000 |
| Apply now | |
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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