Experience metropolitan seafront living in a global integrated development
THE Light Waterfront Penang has rolled out its Season of Wow campaign to celebrate the festive seasons from last Christmas to the new year and coming Chinese New Year right up to March 2, 2018.
Various promotions are offered in conjunction with the festivities, including special rebate packages, furnishing packages for properties priced below RM1mil, special payment plans, as well as buyer referral schemes.
In addition, exclusive gifts are given to participants throughout the promotional period.
A Season of Wow roadshow will be held at Udini Square in Glugor on Jan 13 and 14, during which amazing deals and perks will be given to purchasers of Waterside Residence and The Light Collection.
Located on the island’s eastern coastline beside the majestic Penang Bridge, this one-of-a-kind global village showcases the best in integrated waterfront living.
Inspired by the unique Pearl of the Orient – its island charm and sparkling sea, serene hills and verdant greens – this ambitious undertaking by IJM Land Bhd represents the state’s response to Malaysia’s bold vision of making the country more globally competitive.
Spanning 152 acres, The Light encompasses the Penang Waterfront Convention Centre (PWCC), retail outlets, hotels, office towers and residential units.
Phase I will house the residential component (42 acres), Phase II the commercial/retail sector (103 acres) and Phase III the Seafront Park (7 acres).
The luxurious waterfront living enclave of Phase I consists of six parcels of high-end abodes made up of The Light Linear, The Light Point and The Light Collection I, II, III and IV – 1,177 units in total.
For those interested in the first phase of The Light, a limited number of completed units from The Light Collection III and The Light Collection IV are available, priced from RM1.8mil.
The Light Collection III offers large duplex townhouses (from 3,143 sq ft) and condominiums (from 2,164 sq ft) while the Light Collection IV presents luxury seafront bungalows (built-up of 7,018 sq ft) and condominiums (1,991 sq ft). Fully renovated and furnished show units are available for viewing.
The Light’s Phase 2 features Waterside Residence, a pioneer high rise set on 4.27 acres of freehold land. It encases three residential blocks that stand 17, 25 and 33 storeys high. Since its launch, the RM240mil project has enjoyed a 90% take-up rate.
Waterside Residence offers 256 units with sizes ranging from 1,055 sq ft to 1,270 sq ft and in two or three-bedroom layouts. Each unit is priced from RM767,000 and comes with two to three parking bays.
Basic amenities such as a jacuzzi, swimming pool, gym, reading room as well as storage lockers are available on the property.
Individuals longing to experience metropolitan waterfront living need look no further than The Light City by IJM Perennial Development, a joint venture between IJM and Perennial Real Estate Holdings Limited.
Due for completion by 2021, this mixed development comprises a vibrant blend of retail, hospitality, commercial and housing components with a total GDV of over RM4.5bil.
Perched alongside the Penang Bridge, this integrated seafront property (Phase 2) will span 32.76 acres of the total 103-acre The Light Waterfront project.
Among the newest properties open for registration are Mezzo and Essense, each standing high with dual tower configurations. Mezzo will stand at 34 storeys with 456 units while Essence will peak a tad higher at 37 with 315 units.
Those living within The Light City will not run short of retail conveniences because the development will have a five-storey mall that provides up to 1.5mil sq ft of gross floor area.
Atop the mall is the Penang Waterfront Convention Centre that will offer a floor area of about 270,000 sq ft. The convention centre is poised to become the largest in the state and will likely be a choice venue for international events on Penang Island.
Directly connected to the mall and PWCC will be two luxury hotels standing tall at 37 storeys with up to 745 rooms, to be operated by international brands, as well as a 28-storey prime office tower with 370,000 sq ft of net lettable area.
The Light is readily accessible from other parts of the island and mainland via the Tun Dr Lim Chong Eu expressway and the Penang Bridge.
Furthermore, popular locales such as the Unesco World Heritage city of George Town, Sultan Abdul Halim Mu’adzam Shah Bridge (Second Penang Bridge) and the Penang International Airport are a short drive away.