Lightwater Residences
Lightwater Residences, formerly known as The Essence, is the second residential project at The Light City integrated development by IJM Perennial Development Sdn. Bhd. Located at the northern part of The Light City, less than 3 minutes drive to Penang bridge. It is next to the upcoming The Waterfront Shoppes.
This development consists of two 34-story towers, encompassing a total of 262 units of freehold luxury homes with private lifts. Unit sizes range from 1,324 sq.ft. up to 3,466 sq.ft. Facilities will be situated on levels 6 and 25.
Property Project : Lightwater Residences
Location : The Light City, Gelugor
Property Type : Residential
Tenure: Freehold
Built-up Sizes: 1,324 sq.ft. – 3,466 sq.ft.
Total Units : 262
Indicative Price : RM2,000,000 onwards (to be confirmed)
Developer : IJM Perennial Development Sdn. Bhd.
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DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.
The single biggest problem with all the properties at The Light is DUST. It is super dusty. That’s because everything is located less than 800m away from the highway. There are even some just 300m away, and noise pollution becomes a big problem for them.
@johnny
This is not The light problem but is entire Penang Island will have a same situation as heavy traffic around. We don’t see any problem for this project even Mezzo/Waterside residence.
It’s a great place to stay with peaceful environment actually. We don’t see any dusty environment in here.
If you talk about the construction site then once done shouldn’t be an issue. Are you one of owner for the light city or residence? How did you justify dusty? A seafront development definitely air is much better than others.
@johnny
It depends on the unit direction of facing.
Like take Mezzo, if unit is facing sea view, you only can hear the noise pollution from sea waves instead of cars.
@johnny
It’s ironic, strategic location also means being nearer to the highway.
hi, good morning every one. Is anyone have internal information on when the light water residence going to launch ? indicative price per sqft ? very kind to know this new project. Please do share if you know the information. many thanks
@kingkong
About rm1200-1600psf price range.
This is the most high-end condo in The light city & comparable to Queens residence Q4 later. Both are bigger size & never cheap.
@Islander
For such a small island like Penang, there’s actually no need to stay near a highway, it will be more a torture (due to noise and dust pollution) than a convenience.
All units minimum >1M I think.
@Hemsley
Rm1.6M above starting. Just wait and see ..But is this worth to buy for own stay/invest? Better than Gurney Tanjung Tokong area? Recently quite a number of project over a 1 mil such as Queensbay/The light which outside of North prime area of Penang
@Seng
Below is what the article says, so it’s 2 mil onwards.
Built-up Sizes: 1,324 sq.ft. – 3,466 sq.ft.
Total Units : 262
Indicative Price : RM2,000,000 onwards (to be confirmed)
Developer : IJM Perennial Development Sdn. Bhd.
@huat
Probably that’s some rebate later. Let’s wait.
Well locals with loaded of money or foreigners like Hongkies and Mainland China will buy I guess. Locals gunning for that price….Susah
start tower is a good strategy, when the exhibition art gallery opens, we will have art connoisseurs visiting from around the world, proximal stay, or short term stay for foreigners right next to the gallery, is stark tower. but light city may enjoy some perks too.
but sometimes im doubtful if penang can really get so much shoppers or not, with malls already sufficient supply, the light shoppes seems to be targetting so high end shoppers. klippa is underway, GEM mall underway, PICC mall,….
@Goppal Balan
PICC Mall, GEM Mall, Klippa mall will gonna wait for 5 more years and above to be completed