The Light Point is Phase 1 of the The Light Waterfront mixed development project which is being handled by one of Malaysia's most trusted developer IJM Land. Built along the beach front of Northern Penang, this development is built on freehold land; a factor that adds to its appeal. The newly completed condominium has only limited units left due to the high demand of these lavish dwellings. The Light Point is a single storey that rises elegantly to 28 storeys high. It is a highly exclusive low density resort home with only 88 units available in the whole development with approximately 4 units per floor. With 7 different layouts to choose from, residents will be able to choose the one that suits them most. Prices at this highly exclusive enclave starts from RM1,976,000.The Light Point is a development that gives its residents back every cent that is paid for with the smart home system that has home automation as well as lights and fans automation controllable via the use of central command interfaces. With wide and spacious balconies available, residents will be able to enjoy the sea air without ever leaving the comforts of their home. The Centralized Vacuum System will assist in keeping homes dust-free and the air-conditioning units provided will cool residents down during warm weather.Each unit of the Light Point comes with 3 parking bays so residents need never worry about the lack of parking space. Lobbies and lifts are monitored by CCTV which are in turn monitored by the 24-hour security team, letting residents wander around the grounds safely. Facilities that come with the condominium are the 50 metres swimming pool, the children's pool, barbecue area, the jacuzzi, gymnasium, games room, reading rooms, outdoor reading area and multi-purpose hall. Located strategically close to Georgetown, the Light Point is well provided for. There are a number of schools in the vicinity for parents to send their children to, and E-Gate and Tesco Penang are within walking distance of the condominium. Residents will only need to take a short drive to Georgetown for any banking needs, and good food is not a subject that residents need to worry about living in Penang.The Light Point is well located, being set close to the Penang bridge. It is also well connected to highly travelled roads such as the Jalan Tunku Kudin, the Jelutong Highway and Jalan Sultan Azlan Shah. Commuters will find catching a cab easy in the area, and there are several Rapid Penang busses that pass through the area as well, providing easy commuting.
Property Details
Name: The Light Point Address: 11700 Gelugor, Penang Developer: IJM Land Completion Date: Dec 2012 Type: Condominium Tenure: Freehold No. of Blocks: 1 No. of Storey: 28 No. of Units: 88 No. of Bedrooms Type A: 3 Type B: 3 Type C: 4 Type D: 4 Type E: 4 Type F: 4 Type G: 5 No. of Bathrooms Type A: 3 Type B: 3 Type C: 4 Type D: 4 Type E: 4 Type F: 4 Type G: 5 Land Area: 2.87 acres Built-up Type A: 1,830 sf Type B: 1,927 sf Type C: 2,217 sf Type D: 2,239 sf Type E: 2,314 sf Type F: 3,305 sf Type G: 4,089 sf Maintenance Fee: RM0.20 psf Launch Price: RM1,976,000 Subsale Price: Rental: Facilities
3 parking lots CCTV surveillance 24-hour security Swimming pool Children's pool Barbecue area Jacuzzi Gymnasium Games room Reading room Outdoor reading area Multipurpose hall Tennis court Sky loungeAnalysis
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).Set along the coast of Penang, The Light Point in Penang will be another award winning development for IJM Land. Set approximately 7km from the Magazine Circus, The Light Point is rather centrally located. With the expressway just outside their homes, getting around Penang will be a breeze if there is no traffic; otherwise a few minutes journey might turn into an hour long drive.With that kind of price range, The Light Point is clearly meant only for the rich or for expats. As an investment, this unit 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 definitely be a very wonderful home.
