The Light Point, The Light Waterfront
The Light Point is a freehold condominium that is located in The Light Waterfront, Gelugor. There are 88 units available at this condominium with built-up from 1,830 sf to 2,314 sf. It was developed by IJM Land Bhd with a launch price of about RM660 psf, and was completed around 2013.
IJM Land Bhd is a very big property developer listed on Bursa Malaysia, and it has developed about 179 property projects in Malaysia. Other similar projects by the same developer are Bayswater, D'Ambience Residences, Monte Bayu, Riana Green, Summer Place, Suriamas Suites, The Epic Residences, The Light Collection 2, The Spring and Vertiq.
The only amenities nearby this condominium are some schools. Few of the schools here include Bukit Gambir School and SK Sungai Gelugor.
The current rental yield of The Light Point is around 3.0%, compared to 3.06% 2 years ago in Q3 2021. The highest rental yield ever recorded was 4.05% in Q3 2016; while the lowest one was 2.21% in Q1 2022. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at The Light Point is 3-bedroom / 1,927 sf with a median price of RM830 psf. For price wise, the most expensive one is 3-bedroom / 1,830 sf with a median price of RM980 psf; while the cheapest one is 4-bedroom / 2,239 sf with a median price of RM730 psf.
Latest The Light Point sale listings:
|25 May 2022||Condominium||2,314 sf||RM2,200,000|
|14 Jan 2022||Condominium||2,239 sf||RM1,650,000|
|11 Jan 2022||Condominium||1,927 sf||RM1,600,000|
|10 Jan 2022||Condominium||1,927 sf||RM1,250,000|
|8 Jan 2022||Condominium||1,830 sf||RM1,600,000|
|7 Jan 2022||Condominium||1,927 sf||RM1,700,000|
|28 Dec 2021||Condominium||1,830 sf||RM1,170,000|
|23 Dec 2021||Condominium||1,830 sf||RM1,599,999|
|21 Dec 2021||Condominium||1,830 sf||RM1,600,000|
|20 Dec 2021||Condominium||1,830 sf||RM1,800,000|
Latest The Light Point rental listings:
|14 Mar 2023||Condominium||1,926 sf||RM4,500|
|19 Dec 2021||Condominium||2,217 sf||RM3,300|
|15 Dec 2021||Condominium||1,927 sf||RM3,500|
|30 Nov 2021||Condominium||2,239 sf||RM3,500|
|25 Nov 2021||Condominium||1,500 sf||RM3,200|
|17 Nov 2021||Condominium||1,972 sf||RM3,000|
|14 Nov 2021||Condominium||2,314 sf||RM3,500|
|2 Nov 2021||Condominium||1,927 sf||RM3,500|
|24 Oct 2021||Condominium||2,450 sf||RM5,500|
|24 Oct 2021||Condominium||1,830 sf||RM5,000|
Beautiful place.. Love everything except for the rush hour jam.