The Light City · CONDOMINIUM
Lightwater Residences
Freehold ✦ MM2H Emerging Area
RM 2.39M – RM 7.13M · 1,152 – 3,186 sqft · Freehold · expected completion 2029 · 262 units · by IJM Development Sdn. Bhd
Lightwater Residences is a premium offering in a developing area, appealing to investors and luxury seekers.
Ideal for both local and foreign buyers seeking luxury living in Penang.
Think twice if you prefer a project with immediate completion. Think twice if you are looking for a low entry price point.
Project facts are AskHenry-tracked from available developer/project information and should be rechecked before booking. Henry's read is editorial judgement. Updated 21 Aug 2026.
Lightwater Residences is a premium offering in a developing area, appealing to investors and luxury seekers.
What should you know before considering this? ↓
But here's the trade-off. ↓
Avoid if you prefer a project with immediate completion.
So, does that actually fit what you're buying for? ↓
Now let's compare it properly. ↓
Want the numbers? Here's the full breakdown. ↓
Before the full breakdown, answer this first. ↓
Ideal for both local and foreign buyers seeking luxury living in Penang.
Everything you need for deeper research.
Lightwater Residences is a Freehold Condominium new launch in The Light City, priced from RM 2.39M to RM 7.13M with built-ups of 1,152–3,186 sq ft across 262 units, targeting completion around 2029. It tends to suit Ideal for both local and foreign buyers seeking luxury living in Penang. Before booking, confirm the latest pricing and package (maintenance RM 0.53 psf), its low-density layout and own-stay or tenant fit, and nearby The Light City options like The Lighthauz and Keeperz Suites.
| Buyer purpose | Why it may work | What to check first |
|---|---|---|
| Own stay | Daily convenience and livability in The Light City. | Layout efficiency, completion (2029) and total monthly cost incl. maintenance (RM 0.53 psf). |
| Investment | Rental catchment around The Light City. | Realistic rental for the area, low-density and competition, and the entry price you secure. |
The better fit comes down to your budget (entry from RM 2.39M) and how long you plan to hold.
Lightwater Residences starts from RM 2.39M and ranges to RM 7.13M for units of 1,152–3,186 sq ft, with maintenance around RM 0.53 psf. Prices shift with package updates, so verify today's figures with Henry.
Lightwater Residences is a Freehold property. It's targeting completion around 2029. Confirm the official tenure status in the SPA before signing.
Lightwater Residences is targeting completion around 2029, with Freehold tenure. The actual date depends on construction progress — check with Henry for the latest update.
Maintenance fees for Lightwater Residences are estimated around RM 0.53 psf. The actual figure can shift once the management committee is set — confirm with Henry for the latest update.
Built-ups range from 1,152–3,186 sq ft across 2–5 bedroom layouts, within a 262-unit development, targeting completion around 2029. Confirm the remaining layouts before committing.
Avoid if you prefer a project with immediate completion. Avoid if you are looking for a low entry price point.
In The Light City, alternatives include The Lighthauz (from RM 865K), Keeperz Suites (from RM 820K). Put price, size, tenure and density side by side before deciding.
Line up the current price list (from RM 2.39M), the low-density and layout efficiency, tenure (Freehold), completion (2029), timing stage (Emerging Area) and realistic own-stay or rental demand versus nearby The Light City projects.
“Lightwater Residences is a premium offering in a developing area, appealing to investors and luxury seekers. The freehold status is a plus, but buyers should consider the long completion timeline and competitive pricing.”
Whether Lightwater Residences is right depends on what you're trying to achieve.
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