The Light Collection 2, The Light Waterfront

The Light Collection 2 (also known as The Light Collection II) is a freehold apartment located in The Light Waterfront, Gelugor. There are 297 units available at this project with built-up from 517 sf to 1,701 sf. It was developed by IJM Land Bhd with a launch price at around RM800 psf, and was completed in about 2014.

IJM Land Bhd is a very big-sized real estate company listed on KLSE, and it has constructed around 152 real estate projects in Malaysia. Other similar projects by the same developer are Bayswater, D'Ambience Residences, Monte Bayu, Riana Green, Riana Green East, Seri Riana Residence, Summer Place, The Epic Residences, The Light Linear and Vertiq.

Property Type
Apartment
Land Tenure
Freehold
Built-up
517 sf - 1,701 sf
Market Price
RM610,000 - RM1,800,000
Density
297 Units
Completed In
2014
Developer
Launch Price
About RM800 psf

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

The current market prices for The Light Collection 2 are from RM610,000 to RM1,800,000 (about RM1,060 psf); while the monthly rentals are from RM2,200 to RM3,900 (about RM2.29 psf). The highest median price psf ever recorded was RM1,164 psf in Q4 2016; while the lowest one was RM800 psf in Q1 2012.

The current rental yield of The Light Collection 2 is around 2.32%, compared to 3.75% a year ago in Q2 2018. The highest rental yield ever recorded was 4.06% in Q3 2017; while the lowest one was 2.09% in Q2 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at The Light Collection 2 is 3-bedroom / 1,701 sf with a median price of RM1,060 psf. For price wise, the most expensive one is 1-bedroom / 517 sf with a median price of RM1,180 psf; while the cheapest one is 3-bedroom / 1,367 sf with a median price of RM940 psf.

Latest The Light Collection 2 for sale listings:

DateTypeBuilt-upPrice
16-Aug-19Condominium1,701 sfRM1,580,000
16-Aug-19Condominium615 sfRM570,000
15-Aug-19Condominium1,700 sfRM1,700,000
15-Aug-19Condominium1,700 sfRM2,000,000
15-Aug-19Condominium1,701 sfRM1,980,000
15-Aug-19Condominium1,701 sfRM1,450,000
17-Jul-19Condominium1,367 sfRM1,270,000
17-Jul-19Condominium2,287 sfRM1,950,000
08-Jul-19Condominium2,700 sfRM3,000,000
07-Jul-19Condominium2,700 sfRM2,700,000

Latest The Light Collection 2 for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,700 sfRM2,500
01-Aug-19Condominium1,701 sfRM3,600
30-Jul-19Condominium2,110 sfRM6,500
29-Jul-19Studio581 sfRM2,000
28-Jul-19Condominium2,282 sfRM3,500
27-Jul-19Studio581 sfRM2,500
27-Jul-19Condominium1,851 sfRM4,500
27-Jul-19Condominium1,701 sfRM3,650
27-Jul-19Condominium1,701 sfRM4,000
27-Jul-19Condominium1,528 sfRM3,500

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