Light Point @ The Light Waterfront is strategically located along the Coastal Highway, Penang. Easily accessible from the Penang Bridge, Bayan Lepas Industrial Area and Georgetown via Jelutong Expressway.
Light Point comprises 88 high-end condominium units in a 28-storey tower block on a 2.87 acre site. Each has a built-up area from 1,830 to 4,090 sq.ft. The condos will have sweeping views of the Penang Bridge, the marina and Georgetown city.
Property Project : Light Point & The Light Waterfront
Location : Gelugor, Penang
Property Type : Condominium
Tenure : Freehold
No. of Blocks : 1
No. of Storey : 28
Built-up Area : 1,830 - 4,090 sq.ft.
Total Units : 88
Developer : IJM Land
43 comments
What is the price range???
1 million and above
expected to be launch by end of this year
wahhhh...so expensive!!! At this kind of economy still got ppl to buy.....
Speculators will buy and resell to foreign.
If E&O is launching at 800RM per sqft for the new condo, chances are The Light Point will be around 700-750Rm,given the fact that limited units avail(88only) for this project.Rising trend of prices is a fact everywhere as world economies pick up.just my 2cts thoughts,too exp for me,buy what i can afford :)agreed tt only for foreigners to foreigners..sigh
Let's look into some details... E&O provide 9 acres of landscaping area out of the 22 acres land and a full featured water theme park exclusive for the condos area (1st in malaysia). Wondering if IJM have the land to match the offer? Maybe, provided they're willing to chop off a number of those villas.
Very soon there will be a soft launch of the Light Point specially for invited guests only. Now IJM has sent the invitations for confirmation of attendance. For those seriously want to get their dream house/investment, being the first few will be a great plus. I have the invitation and I might substitute it to others, just drop an email at waterfrontpg@gmail.com
The confirmation is for a very limited time only. So hurry up!
Hi Adi,
when is the soft launch?
It did not specify yet. Now IJM is asking for confirmation of attendance for the private soft launch, which ends early Nov. After sending the confirmation, they will then sent an invitation card for the soft launch. So it is around the corner.
Price starting from 970K for the 1800sf unit.
About RM530 /sf.
anyone know the details of the light point, pls post here. Thanks.
The invitation only soft launch will be around December time frame. I'm not sure how many people are attending, but there will be a numbering system to have a fairer purchasing process as I were told.
For those who received the invitation must reply back the attendance confirmation before or on 8th November to get into the soft launch.
Anyone wants the invitation, drop me an email as in previous post. I got 1 invitation card and currently may not planning to go myself.
Why so secretive about the soft launch???????
Soft-launch is on 19.12.2009
Can anyone who will b attending pl update here on the response?
Very eager to know if bulk buyers will
sapu all this time. Tks.
No news about the soft launch?
What is the take up rate?
90% sapu by bulk buyer during the launching...
Property news announced 70% take up rate.
How do u derive at 90%?
It almost sapu 90%+ of the overal 70%; left only the overal 30% of bumi lots.
i called them and there are units still available from the bottom floors to level 10.
I don't think they will keep 30% as bumi lots. If it is 10-15% i will believe you KW.
That's the number of the day right after 12/19. No idea now. Back to Oct, I asked the maintenance fees will be RM0.41 per sqft.. that's mean min RM730 - RM1677 per month... This is starting after OC (I believe), will be incress down the road (normal trend, depend how the comunity want to maintenance)... that is translate average 7 years, you can get a new premium national car. If get 4,090 sqft, 7 years maintenance free equal to own new mid class Japanese brand MPV.
So, for own stay.... err....
I spoke to some of those who attended the balloting exercise and purchased the units on Dec 19th, 2009. Give credits to IJM for not repeating the "mistake" made for the Light Linear soft launch. There were no bulk purchasers this time around. Participants of the ballot were required to register beforehand and present at the balloting event.
Having said that, they can do better. A good portion of the high-level and choice units were snapped up by the company directors and high-profiled employees prior to the ballot. This practice, in my opinion, though not illegal, should be kept to minimal.
As some of you have already noted, most of the available non-bumi units are taken, with mostly the duplexes and low floor units left. This should not be a surprise given the recent success of Linear and limited number of units for this development. What is a surprise, to me, is the lack of overseas buyers, most of the Point owners were said to be the locals. Go figure...
More facts on the Point's balloting exercise on Dec 19th:
41 units available and 94 registered buyers.
Apparently not all exercised their rights to purchase an unit as the better units with high floor and seaview were quickly taken up.
Please read about disappointed buyers of IJM first ever "Luxury Platino Condo" before you buy any IJM "Luxury Condo".
Light Point & Platino have beautiful outlook of their building.....Fencing in Platino is the only problem.....
Liz it is too early to say that the installing of cheap wire perimeter fencing wall is the only issue with Platino Luxury Condo. More disappointment may be well lie ahead when the public can have access to view the interior common area and interior final finishes. I hope they do not use cheap equipment for the gym too. I am skeptical of IJM claim of "Luxury" from now on. Beautiful outlook but cheap interior finish is unacceptable if one is paying "Luxury" prices.
They had change the fencing. I'm glad they did it.
Yes, Liz IJM finally wise up after much protest here. What would others say if they allowed the use of Chicken Wire Fencing for a Luxury Condo and mind you they name it a luxury. 'Platino Luxury Condo'. IJM better make sure the condo is really luxurious! Other wise it will a glaring sample of false claim and deceitfulness.
An Open Letter to IJM
With regards to the soon-to-be-completed Platino Luxury Condo, a lot of buyers here are very disappointed with the final product.
First and foremost is the parameter fencing. Compare the fencing of Bayswater and Platino. The fencing facing the Tesco Hypermarket looks like some medium cost condo. When buyers pay for a “luxury” item, these buyers are not the average Tom, Dick and Harry. They also pay for privacy. With the “see-through” fencing, there is not much privacy for Platino buyers. By standing near the fence, outsiders can actually see into the car-park and mark the residents there whether they are at home or not. It is hope more trees will be grown to cover up the holes in between the fencing.
As for the fencing facing the jungle near the Marine Police area, it is definitely way below the standard of a Luxury Condo. It could qualify for medium cost condo, at most. The so-called “green chicken wire mesh” is definitely a no-no. On top of that, there should be a retaining wall build around that slope to prevent future landslide which may be caused by heavy rain. Or else one day, all the residents will have a bloody muddy car park. And since I believe most of the residents here will own “luxury” cars as well, I think someone is going to get sued if the cars are damaged due to landslides.
What “luxury” image does IJM want to project with Platino’s entrance? If this is the final product of the grand entrance, then IJM should go check the dictionary for the meaning of “grand”. If they don’t know, please ask their architects and engineers to drive around Gurney Drive or Tanjung Bungah to seek for better examples. A normal guard-house with the “touch-n-go” entrance control bar to keep out strangers is the least that all other condo provides. Nothing luxury about it.
Looking at the progress of the 4-seasons garden, they look more like a jungle than a garden. But since it is a “work-in-progress”, I will reserve my comments until the final product is unveiled.
Another visible point is the balcony railing. Compare to Bayswater, Platino’s balcony design look very cheap. The use of thin metal railing is a safety issue for families with kids. A lot of residents would have to spend extra money to modify the balconies to make it safer and more solid. Even the neighbouring MPPPP hostel complex has better balconies!
If IJM wants to appear as a high-end developer with the launching of the Light Projects, Platino should be a show-case to attract future buyers. With the sub-standard completion of Platino, no wonder the Pearl Regency nearby is a failure!
You can con some people some of the times but you cannot con all the people at all times. Those who bought Platino or has invested into Platino is going to make sure that IJM live up to the name of “LUXURY”!
Future Resident.
Attention of all the buyers. Please read all the comments and see all the picture of IJM PLATINO in this blog b4 you continue buying IJM projects.
Dont simply waste your hard earn money... For those you have bought it, be ready for big big disappointment with IJM Project.
As of mid April 2011, the ongoing construction of Light Point has reached the 13th floor.
Also, IJM has added these freebies a.k.a. The Extras to the property. These offering were previously not stated in the brochure during the launch.
• Kitchen Cabinet with Electrical Appliances
• Centrelised Vacuum System
• Home Automation with Security System
• Air-Conditioners & Water Heater
• Equipped with Fiber Optic ICT Infrastructure
• 3 Carpark Lots
• 1 Large Locker Space
(http://www.thelightwaterfront.com/thelightpoint/extras.html)
A new concept, a new design, a new penang!
We can see Penang is changing nowadays. Come with new facade and design residential township where only KL have. THE LIGHT is selling like hot cake in Penang. Heard they are going to launch last phase of the residential apartments in August 2011. Bravo!
Penangites are clever choosing a property to buy.
有远见才有机会。
As of this week, the physical building has reached the 20th Floor.
The developer, IJM, is previewing the new Light Collection III now and scheduled to launch the project some time in Aug 2011.
Saw the advertisement on the Star this week about the release of the Bumi units for Light Point. It was a low key full page ad in the mid section and easy to miss.
Anyway was told all the bumi units were snapped up on the same day. The number of buyers in the queue was more than the available units.
Did anyone catch any other news about it?
Yeap, called and asked THE LIGHT Sales Gallery, bumi lots were released on Monday on 9-1-2012, as of today still got balance unit.
When do you think this project will be completed and when is the estimated OC timeframe?
Wah, so many hollywood stuff here. Want to create "selling like hot cakes" environment? Go Mudah.com can find already mah, why asking here? Buy 1M sell 2M.....kia si lang, how to find buyer?
Light Project For sale
- Light Linear , Block A, 1475sqf , Original x Sell 900k/ Rent 2.5k
- Light Collection I, 1578sqf, Block b1, Reno and Furnished x Sell 1.35mil / Rent 4k
- Light Collection II, Seaview, 3 cars park, 1701sqf x Sell 1.7mil / Rent 5k
- Light Collection III, 1860sqf, 3 cars park, x Sell 1.6mil / Rent 5k
- Light Collection III Townhouse, Private Pool, Duplex, BU 3229sqf, Seaview, Rent 15k / Sell 5.6mil
- Light Point, 1926sqf, Reno and Furnish, x Sell 1.88mil / Rent 4.8k
Hi, Plz Call or Whatsapp me, If interested, 0164704702. Phang From Real Estate Agent
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
Stunning Penang bridge and Seaview
Fully renovated & fully furnished unit
3 car park
RM1.8m
Few units available
Pls feel free to contact Eugene for further details,thx
012-4870006
1 unit for sale
- 3300sqf
- Fully Renovated
- Fully Furnished
- 5 cars park
- Selling 4.5mil
Hi, Call or Whatsapp me, if interested...Phang 0164704702 From Real Estate agent, Thanks
Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.
Owners who are willing to let go or rent can contact me too. TQ