The Light Collection I is a freehold development that is part of the award winning development called The Light Waterfront. Started in May 2010, this is the first project of the first phase of The Light Waterfront developed by IJM Land. It was completed in 2012 and is located along the coastline of eastern Penang.The Light Collection I is a low rise that consists of only 4 blocks and 8 storeys with an average of 6 units per floor totalling up to 152 units of condominiums and 24 units of water villas. The views may not be spectacular, but the compensations are worthy for such a small slight as residents will have choices of choosing water villa units which is by far more luxurious than having a spectacular view. There are 6 different layouts to choose from with a minimum selling price of RM550 psf onwards.Each unit of The Light Collection will come partially furnished with kitchen cabinets, hoods, hobs and even an oven. Besides that there will also be a centralised vacuum that will be very handy when it comes to cleaning time. Also provided will be inverter air conditioning units, a centralised water filtration system and water heaters for all the bathrooms. A home that is fit for the highly discerning, it comes with a wide array of facilities. Besides having mere jogging tracks, there is also a bicycle track and a park for residents to exercise in along with a beautiful floating gym. There will be a tennis court, a basketball court and a squash court that is shared with The Light Collection III. Also available is a common marina at The Light Collection II, an infinity edge swimming pool, a wading pool and a sky lounge. Residents will not need to worry about insufficient parking space as each unit comes with 3 parking lots. The 24-hour security along with the CCTV monitoring and access card entry only will ensure the safety of residents. With The Light Collection I being situated close to Georgetown, residents will be well provided for. E-Gate and Tesco Penang are within walking of the condominium for any shopping that needs to be done, otherwise residents can take a short drive out to Georgetown for any other needs that need to be taken care of. There is a pre-school in the vicinity and both primary and secondary schools as well to cater to the need of the children in the residency.Located just beside the Penang bridge, residents will have easy access to mainland Penang. The Light Collection I is merely 7 km away from the Magazine Circus with less than a 20 minutes drive to the Penang International Airport and Penang Free Trade Zone. There are a high number of cabs that go through the area as well as a few Rapid Penang busses that serves the neighbourhood.
Property Details
Name: The Light Collection I Address: 11700 Gelugor, Penang Developer: IJM Land Completion Date: 2012 Type: Condominium Tenure: Freehold No. of Blocks: 4 No. of Storey: 8 No. of Units: 176 No. of Bedrooms Type A: 3 + 1 Type A1: 3 + 1 Type B: 3 + 1 Type C: 3 + 1 Type D: 3 + 1 Type E: 4 Type E1: 4 No. of Bathrooms Type A: 3 Type A1: 3 Type B: 3 Type C: 3 Type D: 3 Type E: 4 Type E1: 4 Land Area: 7.16 acres Built-up Type A: 1,582 sf Type A1: 1,582 sf Type B: 1,528 sf Type C: 1,528 sf Type D: 1,367 sf Type E: 3,132 sf Type E1: 3,122 sf Maintenance Fee: RM0.38 psf Launch Price: From RM550 psf Subsale Price: Rental: Facilities
Jogging track Bicycle track Green park Floating gymnasium Tennis court Basketball court Squash court Common marina at The Light Collection II Infinity edge swimming pool Wading pool Sky lounge 3 parking lots 24-hour security CCTV monitoring Access card system Playground JacuzziAnalysis
IJM Land is a leading developer in Malaysia, one who has the trust of home buyers. Formerly known as RB Land Holdings, IJM Land has over 30 years of experience in development. Amongst the awards they have won are The Edge Top Property Developers Award in both 2011 and 2012, as well as the Top Ten Developers by BCI Asia Awards (Malaysia).The Light Collection I is bound to be another award winning development for IJM Land. It's location is rather central being set approximately 7 km from the Magazine Circus with several main roads directly outside the residency which means residents will be able to get around the island easily and conveniently. Unfortunately this has also caused some of the potential buyers to complain that they will then need to put up with the noise and air pollution of the highway traffic without even the compensation of having direct access to the beach. With the kind of price range set, The Light Collection I is clearly meant for the rich or for expats. As an investment, this condominium will be good for buying and selling to expats who think that luxury condominiums at that price range is highly reasonable. If one can afford it, this place will be a very nice home.
