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.
Plan a site visit or request for more information on this floor plan now !
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 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 864 psf - RM 1,295 psf
|RM 1,800 - RM 1,800||RM 1,503,687 (RM 1,017 psf)||2.87 %|
|The Light Collection I||Aug 2013||
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 801 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 566 psf - RM 1,440 psf
|RM 2,200 - RM 2,200||RM 1,041,297 (RM 699 psf)||1.5 %|
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.
|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||-||-||-|
|Down Payment (10%)||RM 160,000|
|Loan Amount ( 90 %)||RM 1,440,000|
|Tenure Years||35 Years|
|Interest Amount||RM 1,440,000|
|Others (Estimation)||RM 10,000|
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