About The Lighthauz @ Penang Waterfront
The Lighthauz is EXSIM's landmark 57-storey freehold waterfront serviced suite at The Light City, Gelugor, Penang. One of the few remaining freehold seafront developments on Penang Island, it offers 671 units from 732 to 1,001 sqft with panoramic sea, Penang Bridge and city views. Sky facilities on Level 56-57 including an infinity pool and sky lounge. 70% furnished delivery package. Near upcoming Mutiara LRT station.
Project Specifications
| Developer | Exsim Waterfront Sdn Bhd |
| Location | Penang Island, Penang |
| Price from | RM864,500 |
| Unit types | Serviced Apartment |
| Built-up | 732 - 1,001 sqft |
| Tenure | Freehold |
| Completion | Q4 2028 |
| Maintenance fee | RM0.35/sqft |
| Total units | 671 |
| Total floors | 57 |
| Bumi lot | — |
| Foreign purchaser | — |
Nearby Amenities
🚆 MRT / LRT
Mutiara LRT (upcoming
walkable)
Penang Bridge (5 min drive)
🏫 Schools
Penang Chinese Girls High School (3km)
SJK(C) Chung Hwa (2km)
🛍️ Shopping
Queensbay Mall (1km)
The Light City Waterfront (onsite)
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Prices for The Lighthauz @ Penang Waterfront start from RM864,500. The entry-level Type A1 (484 sqft, 1 bedroom) is priced from RM446,400, while the larger Type C1 and C2 (915 sqft, 3 bedrooms) are priced from RM769,000. Based on a 90% loan at 4.2% interest over 35 years, monthly instalments start from approximately RM1,827/month for the smallest unit.
The Lighthauz @ Penang Waterfront is priced at approximately RM840 to RM980 per square foot (psf), depending on unit type, floor level, and facing direction. Higher-floor units and pool-facing units typically command a premium psf. This is competitive compared to surrounding new launches in Bukit Jalil.
For The Lighthauz @ Penang Waterfront, the minimum down payment is 10% of the purchase price (90% loan). For a Type A1 unit at RM446,400, the 10% down payment is RM44,640. First-time homebuyers may be eligible for government schemes such as PR1MA or Skim Rumah Pertamaku (SRP) with up to 100% financing.
The Lighthauz @ Penang Waterfront is developed by Exsim Waterfront Sdn Bhd. Please contact us for more information about the developer's track record.
The Lighthauz @ Penang Waterfront is located in Penang Island, Penang, Malaysia. It sits within the KL Wellness City masterplan — a 66-acre integrated township near Awan Besar LRT station (approx. 1.5km) and Bukit Jalil LRT station (approx. 2km). The project is adjacent to the 300-acre Bukit Jalil National Park and within 5 minutes' drive of Pavilion Bukit Jalil mall.
The nearest public transport options to The Lighthauz @ Penang Waterfront are: Mutiara LRT (upcoming, walkable), Penang Bridge (5 min drive). Residents can also access the MRT Putrajaya Line via connecting LRT feeder buses. A shuttle bus service is provided within the development to connect residents to the nearest LRT station.
The Lighthauz @ Penang Waterfront is on Freehold land. Being freehold, the land ownership is perpetual with no renewal required.
Foreign purchaser eligibility for The Lighthauz @ Penang Waterfront depends on the unit type and current state government guidelines. Please contact us to verify eligibility for your specific situation.
Please contact us to check the current Bumiputera lot availability for The Lighthauz @ Penang Waterfront.
The expected completion date for The Lighthauz @ Penang Waterfront is Q4 2028. After the Certificate of Completion and Compliance (CCC) is issued, the developer will notify buyers for key collection. Buyers then have a 24-month Defect Liability Period (DLP) during which the developer must rectify any structural or workmanship defects at no cost to the buyer.
Based on comparable units in Bukit Jalil, serviced apartments typically achieve rental rates of RM2.50 to RM3.50 psf per month. For a 484 sqft Type A1 unit, estimated monthly rental is approximately RM1,200 to RM1,700, giving a gross rental yield of 3.2% to 4.6% per annum at the entry price of RM446,400. Net yield after maintenance fee (RM0.35/sqft) and property tax would be approximately 2.8% to 4.0%. Use our Rental Yield Calculator on this page to model your own scenarios.
Bukit Jalil has seen consistent capital appreciation driven by: (1) The ongoing KL Wellness City and Sports City developments bringing employment and visitor footfall; (2) Strong rental demand from students at nearby IMU, Asia Pacific University, and INTI International College; (3) Proximity to the Bukit Jalil National Sports Complex which attracts international events year-round; (4) Improving LRT connectivity. However, all property investments carry risk. Past price trends do not guarantee future returns. We recommend consulting a licensed real estate investment adviser before committing.
The maintenance fee for The Lighthauz @ Penang Waterfront is RM0.35/sqft. This covers building insurance, common area maintenance, security, landscaping, and building management. For a 484 sqft unit, monthly maintenance is approximately RM213. Maintenance fees are typically paid quarterly in advance and managed by a Joint Management Body (JMB) elected by residents after key collection.
To register your interest or book a unit for The Lighthauz @ Penang Waterfront, tap the 'Download eBrochure' button on this page to receive the full price list and floor plans via WhatsApp. Our team will guide you through the booking process, which typically involves: (1) Signing a Booking Form and paying a booking fee (usually 3% of purchase price); (2) Signing the Sale and Purchase Agreement (SPA) within 3 months; (3) Arranging a bank loan or internal financing. There is no agent fee — our service is completely free to buyers.
To purchase The Lighthauz @ Penang Waterfront, you will typically need: (1) NRIC / Passport (for foreigners); (2) Last 3 months payslips; (3) Latest EPF statement; (4) Last 3 months bank statements; (5) Employment letter or business registration (for self-employed buyers). For joint purchases, both purchasers must provide the same documents. Our team can connect you with a panel lawyer and bank to streamline the process at no extra cost.