Lighthauz 2nd Phase Penang: Freehold Waterfront Living from RM859K
52 storeys on the Penang waterfront, 1+1R to 2+1R suites, 2-car parking on the larger units. A limited freehold waterfront release by EXSIM Development.
- EXSIM · property development since 2008 · 37 completed developments · 19,250 units delivered*
- Freehold Waterfront
- Developer track record: GBI / GreenRE; 16 GreenRE Gold certifications*
- Developer’s average QLASSIC score: 80%*
*These are developer-wide figures, not project-specific certifications or scores.
AT A GLANCE
The quick spec
| Land Tenure | Freehold |
|---|---|
| Land Title & Use | Commercial Title under HDA Protection |
| Building Composition | 52 Storeys (Single Tower: L1 Lobby, L2–8 Parking, L9 Facilities, L9–49 Residential, L50 M&E, L51–52 Sky Facilities) |
| Total Units / Lifts | 596 Units | 6 Passenger Lifts + 1 Service Lift |
| Built-up Sizes | Type A: 700 sq ft (65 sq m) | Types B & C: 947 sq ft (88 sq m) |
| Car Park Allocation | Type A: 1 Tandem / 2 Single bays | Types B & C: 2 Single bays |
| Est. Maintenance Fee | ~RM0.35 – RM0.40 PSF (Local Market Benchmark) |
| Starting Selling Price | RM859,000 |
THE NEIGHBOURHOOD
Penang Waterfront Living, Minutes from the Bridge & Airport
The site sits next to the Tun Dr Lim Chong Eu Expressway, with Penang Bridge access and everyday stops around the waterfront corridor.
By Road
- Direct exit to Tun Dr Lim Chong Eu Expressway. Key drive times from project data:
George Town (Heritage/Tourism): 10–15 mins North
Bayan Lepas FIZ (Tech Hub): 10–15 mins South
Air Itam (Kek Lok Si area): 5–10 mins West
Penang Bridge: Immediate highway access nearby.
Planned Rail
Positioned along the upcoming Mutiara LRT Line. Nearest proposed stop is Penang Waterfront Station (S15), providing direct rail access connecting KOMTAR, Bayan Lepas, and Penang International Airport.
Airport Corridor
Rapid 10 to 15-minute southward drive via the Tun Dr Lim Chong Eu Expressway to Penang International Airport (PIA). Ideal for frequent business travelers, regional executives, and medical tourists.
Close to Home
Steps away from everyday essentials and lifestyle hubs:
Groceries: Lotus’s Hypermarket & Centrio Avenue
Lifestyle: The Waterfront Shoppes & PWCC
Hotels: JdV by Hyatt & Galaxy Minyoun
Leisure: 750m Waterfront Promenade & Lin Xiang Xiong Art Gallery
FLOOR PLANS
A layout for the way you live
Every type includes a study, two bathrooms, a foyer and a kitchen with yard. Request the developer’s actual drawings to check a particular stack.
Type A · 700 sq ft
65 sq m · 1+1R · 2 Bathrooms
A1 / A1a and (m) variants have a balcony; A2 / A2a and (m) variants are non-balcony. The project information lists 1 tandem or 2 single car parks.
Could suit a single buyer or young professional. Rental or short-stay use is subject to building rules and local approvals; returns are not guaranteed.
Type B · 947 sq ft
88 sq m · 2+1R · 2 Bathrooms
B1 / B1a have a balcony; B2 / B2a do not. Includes 2 single car parks and a separate study.
A practical option for a small family, owner-occupier, or couple working from home.
Type C · 947 sq ft
88 sq m · 2+1R · 2 bathrooms
C1 and C1 (m) have a balcony; C2 and C2 (m) do not. Includes 2 single car parks. The master bathroom and Bathroom 1 sit side by side.
Suited to an owner-occupier family looking for the broader main-bedroom arrangement shown in the plans.
This project is built on Freehold land under a Commercial Title protected under the Housing Development Act (HDA). This guarantees residential utility tariffs (TNB and PBA rates) and standard HDA protection for homebuyers.
COASTAL RECREATION
3 Levels of Resort-Grade Facilities
Arrival & Lobbies
- Coastal Arrival Drop-off
- Welcome Cove Lounge
- Shoreline Grand Lobby
Podium & Sports Deck
- TideFit Studio Gym & WaveFit Zone
- Coastal Hoops (Half Basketball Court)
- Harbour Hall Multipurpose Venue
- Little Explorers' Cove Playground
- Sunset Grill BBQ & Urban Farm
Sky Sanctuary & Pool
- Celestial Sky Pool & Cloud Lagoon
- Azure Hammock & Sunbed Loungers
- Coastal Lounge & Joy Hub
- Panoramic Ocean & Penang Bridge Viewing Decks
THE NUMBERS
Pricing and Rental Yield Outlook
| Layout Type | Built-up Size | Selling Price | PSF Range |
|---|---|---|---|
| Type A (1+1R + 2B) | 700 sq. ft. (65 sq. m.) | RM 859,000 – RM 1,032,300 | RM 1,227 – RM 1,475 PSF |
| Type B (2+1R + 2B) | 947 sq. ft. (88 sq. m.) | RM 1,240,900 – RM 1,417,200 | RM 1,310 – RM 1,497 PSF |
| Type C (2+1R + 2B) | 947 sq. ft. (88 sq. m.) | RM 1,243,900 – RM 1,417,200 | RM 1,314 – RM 1,497 PSF |
The layout facing direction northwest towards Bukit Dumbar / Jelutong and southeast towards Penang Bridge / the mainland. Actual view depends on unit and floor.
Type A Installment Est.
RM3,690/month est.
Based on RM859,000 starting price; 90% loan margin, 30-year tenure at 4.0% effective interest p.a. benchmark rate.
Type B/C Installment Est.
RM5,332/month est.
Based on RM1,240,900 starting price; 90% loan margin, 30-year tenure at 4.0% effective interest p.a. benchmark rate.
Rental Yield Outlook
4.0% – 5.0% Gross
Local market benchmark estimate for 1+1R and 2+1R serviced-style units in this corridor. Not a guaranteed return.
BARE PACKAGE
✔ FREE Legal Fees on Sale & Purchase Agreement (SPA)
✔ FREE Legal Fees on Loan Documentation & Stamping Fees
✔ FREE Air-Conditioners (3 units for Type A / 4 units for Types B & C)
✔ FREE Bathroom Accessories
✔ FREE Digital Lockset
Partially Furnished Package
✔ Includes ALL perks from the Bare Package
✔ FREE Storage Water Heater
✔ FREE High and Low Built-in Kitchen Cabinets
✔ FREE Kitchen Hood and Hob
✔ FREE Branded Microwave & Refrigerator
✔ FREE Master Bedroom Wardrobe (1 unit)
✔ FREE 2-in-1 Washer Dryer (Type A) or Separate Washer & Dryer (Types B & C)
Good To Know
Frequently Asked Questions
Is this property under Commercial or Residential title?
Lighthauz Phase 2 is built on Freehold land under a Commercial Title protected under the Housing Development Act (HDA). This guarantees residential utility tariffs (TNB and PBA rates) and standard HDA protection for homebuyers.
What are the estimated maintenance fees?
The estimated maintenance fee is approximately RM0.35 – RM0.40 PSF per month (inclusive of sinking fund) based on current Penang local market benchmarks for luxury 50+ storey high-rise residential towers with sky facilities.
Is this eligible for first-time homebuyer schemes?
First-time buyer eligibility depends on current federal and Penang state government scheme criteria, as well as individual bank loan evaluations. Contact our sales team to review your specific financing profile.
How many car parks come with each unit?
Type A (700 sq. ft.) units come with either 1 tandem car park or 2 single car parks. Type B and Type C (947 sq. ft.) units include 2 single parking bays.
What is included in the free legal and furnishing packages?
The Bare Package covers SPA and Loan legal/stamping fees, digital lockset, bathroom accessories, and air-conditioners. The Partially Furnished Package adds built-in kitchen cabinets, hood and hob, microwave, refrigerator, storage water heater, master bedroom wardrobe, and a washer-dryer.
REQUEST THE DETAILS
See the layouts and latest price list
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Disclaimer: The information contained herein is subject to change without prior notice. Images shown are artist’s impressions for illustrative purposes only. Actual design, specifications, facilities, and layouts may differ upon completion.
© 2026 Marketed by PRO Team | IQI Realty Sdn Bhd (REN 08903).