The Light Waterfront, Gelugor

The Light Waterfront is a freehold town located in Gelugor, Penang.The built-up available in this town is 3,122 sf to 10,581 sf for houses. It was developed by IJM Land Bhd.

IJM Land Bhd is a huge real estate company listed on KLSE, and it has constructed around 151 real estate projects in Malaysia. Other similar projects by the same developer are Bandar Rimbayu, Bandar Utama, S2 Heights and Shah Alam 2.

Property Type
Town
Land Tenure
Freehold
Built-up
3,122 sf - 10,581 sf (House)
Market Price
RM3,500,000 - RM14,390,000 (House)
Density
-NA-
Completed In
-NA-
Developer
Launch Price
-NA-

The only amenities nearby this town are some schools. Several of the schools here are Bukit Gambir School and SK Sungai Gelugor.

The current market prices for The Light Waterfront are from RM3,500,000 to RM14,390,000 (about RM1,120 psf) for houses; while the monthly rentals are from RM4,200 to RM8,000 (about RM2.17 psf) for houses. The highest median price psf ever recorded was RM1,340 psf in Q3 2018 (House); while the lowest one was RM1,036 psf in Q1 2018 (House).

The current rental yield of The Light Waterfront is 1.44% for houses. The highest rental yield ever recorded was 2.33% in Q1 2019 (House); while the lowest one was 1.26% in Q4 2018 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size combination at The Light Waterfront for houses is 4-bedroom / 3,132 sf with a median price of RM1,120 psf. For price wise, the most expensive one is 4-bedroom / 10,581 sf with a median price of RM1,360 psf; while the cheapest one is 4-bedroom / 3,800 sf with a median price of RM990 psf.

Latest The Light Waterfront for sale listings:

DateTypeBuilt-upPrice
TodayCondominium2,152 sfRM1,650,000
TodayCondominium2,153 sfRM1,500,000
TodayCondominium2,314 sfRM1,850,000
TodayCondominium2,185 sfRM1,988,000
TodayCondominium2,174 sfRM1,700,000
TodayCondominium1,475 sfRM1,070,000
TodayCondominium2,239 sfRM2,090,000
YesterdayCondominium1,991 sfRM1,800,000
YesterdayCondominium1,991 sfRM1,750,000
YesterdayCondominium1,367 sfRM1,270,000

Latest The Light Waterfront for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,700 sfRM2,300
TodayCondominium1,766 sfRM2,100
TodayCondominium1,701 sfRM3,300
16-Jul-19Condominium1,475 sfRM2,300
05-Jul-19House3,132 sfRM6,800
05-Jul-19Condominium3,434 sfRM5,000
04-Jul-19Condominium1,766 sfRM2,500
03-Jul-19Condominium1,500 sfRM2,000
03-Jul-19Condominium1,701 sfRM4,000
03-Jul-19Condominium-NA-RM2,500

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