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The Light Point

Jalan Pantai Sinaran, 11700 Gelugor, Penang
Condominium Duplex
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Developer

Developer of The Light Point, IJM Land Berhad
IJM Land Berhad
View developer's profile
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 11 years ago
RM1,209,600 - RM3,336,900
RM1,600,000 - RM3,130,000
RM2,900 - RM8,800
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)
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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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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 RM1,200,000 - RM5,000,000
RM 655 psf - RM 1,225 psf
RM3,500 - RM3,500 NIL 2.86 %
The Light Collection III Jan 2015 RM1,450,000 - RM3,388,000
RM 702 psf - RM 1,278 psf
RM1,200 - RM1,200 NIL 1.07 %
The Light Collection II Jan 2014 RM620,000 - RM2,873,000
RM 809 psf - RM 1,411 psf
RM1,800 - RM1,800 NIL 2.68 %
The Light Collection I Aug 2013 RM1,020,000 - RM4,200,000
RM 644 psf - RM 1,340 psf
RM2,000 - RM2,000 NIL 2.0 %
The Light Linear Sept 2012 RM897,000 - RM1,400,000
RM 383 psf - RM 877 psf
RM2,000 - RM2,000 NIL 2.25 %
The View 2007 RM850,000 - RM1,800,000
RM 407 psf - RM 609 psf
RM2,000 - RM2,000 NIL 3.17 %

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 1,213 psf - -
1,000 - 1,500 SQ. FT RM 824 psf - -
1,500 - 2,500 SQ. FT RM 730 psf - -
2,500 - 4,000 SQ. FT - RM 3,050,000 psf -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 749 psf
Non Landed Properties
RM 3,050,000 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
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM366 ±
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.

All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.

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