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THE LIGHT COLLECTION IV

Jalan Pantai Sinaran, 11700 Gelugor, Penang

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 Categories Condominium Bungalow

Today
(Under Construction)
This project is estimated to be completed in 2 months

2017 Mar
(Year of Completion)
Launch Price RM 1,600,000 - RM 18,240,000
Subsale Price NIL
Rental Price NIL
NIL
Maintenance
1,991 sq ft - 7,147 sq ft
Built Up
Residential
Land Title
Freehold
Tenure
3
Total Blocks
6
Total Storey
98
Total Units
1
Parking
See more details about The Light Collection IV

Floor Plans

Bedrooms
4 + 1
Bathrooms
4 + 1
Category
Condominium
Built Up
2551 sq ft

Plan a site visit or request for more information on this floor plan now !

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The Light Collection IV Review

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The Light Collection IV is a waterfront collection of homes that are catered to the upmarket with their exclusivity on the seafront. It is a poshly designed development that are being built in several phases, and is located in Gelugor on the touristic island of Penang. This project is a development of IJM Land, one of the leading developers of Malaysia.

The Light Collection IV is the final installation of The Light Collection development, and touts both bungalows and a condominium. There will be a total of only 79 units at the condominium which will be spread out over 3 blocks of six storeys, and 19 bungalow units.

The price for this bit of exclusivity is however very steep, at between RM1,600,000 and RM18,240,000. The smallest unit of home at The Light Collection IV will be 1,991 sf ranging up to 7,147 sf.

Residents of The Light Collection IV will get to enjoy the luxury of living at The Light Collection with the facilities provided. Exclusively for use of residents will be a swimming pool and wading pool, complemented by a function room and changing room. Also for use of residents will be a gymnasium.

The Light Collection IV is also surrounded by myriad amenities in form of shopping malls, resort hotels, corporate parks and office towers. The Tesco hypermarket is almost next door to the development providing convenience of grocery shopping, while within proximity are local schools.

The Light Collection IV is a centrally located development where residents will enjoy not just convenience of access to amenities but to major trunk roads and the Penang Bridge as well. Not only will they be within proximity of the mainland of Penang, but they will also be within a few minutes drive of Georgetown, Gurney Drive and also Bayan Lepas.

The trunk roads that will provide residents of The Light Collection IV convenient access to town is Jalan Sultan Azlan Shah, while the Lebuhraya Tun Dr Lim Chong Eu and Bayan Lepas Expressway will provide easy access to the Penang International Airport.

Facilities

Swimming pool
Wading pool
Gymnasium
Function room
Changing room

Extras

24-hour
Security
Yes
Pet Friendly
Yes
Eco Friendly (GBI)
Nearby Restaurants

Developer

IJM Land Berhad

IJM Land Berhad, formerly known as RB Land Holdings Berhad is the result following a rationalisation exercise involving the merger of two highly reputable property developers namely IJM Properties and RB Land.

IJM Land Berhad (“IJM Land”) is the listed property development arm of IJM Corporation and is one of the top property developers in Malaysia.

As a widely recognised brand name known for excellence, quality and value, IJM Land has wide array of diverse products consisting of townships, integrated developments, residential projects, offices, retail and recreational facilities.


[More Details: Official Website]

Nearby Property Price Analysis

Recently Completed Properties Nearby

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 Collection IV Mar 2017 NIL NIL NIL NIL
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) 3.3 %
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 Point Jan 2013 RM 1,800,000 - RM 2,400,000
RM 803 psf - RM 1,071 psf
RM 5,000 - RM 5,000 RM 1,686,846 (RM 905 psf) 3.08 %
The Light Linear Sep 2012 RM 119,900 - RM 3,600,000
RM 82 psf - RM 1,440 psf
RM 2,300 - RM 2,300 RM 1,041,297 (RM 699 psf) 1.84 %
The View 2007 RM 1,100,000 - RM 2,000,000
RM 500 psf - RM 920 psf
RM 2,800 - RM 2,800 RM 704,333 (RM 354 psf) 3.14 %
14 For Sale in The Light Collection III 15 For Rent in The Light Collection III 18 For Sale in The Light Collection II 22 For Rent in The Light Collection II 6 For Sale in The Light Collection I 10 For Rent in The Light Collection I 8 For Sale in The Light Point 4 For Rent in The Light Point
Nearby Property Transactions Price Trend

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 - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 768 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 160,000
    Loan Amount ( 90 %) RM 1,440,000
    Tenure Years 35 Years
    Interest Rate %
    Interest Amount RM 1,440,000
    Others (Estimation) RM 10,000
    Personalize Your Mortgage
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By
    Maintenance Fee
    N / A
    RM N / A psf (1,991 sq ft)
    Total Monthly Expenses
    RM 3,000 ±
    Home Mortgage Calculator

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