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Project Memo

The Lighthauz @ The Light City Investment Memo

Gelugor, Penang · From RM864,500

Tenure

Freehold

Size

732 - 1001 sqft

Developer

Exsim Penang

Completion

Q4 2028

Total units

671

Type

Condominium

Entry and holding

From RM864,500. Check nett price, package, maintenance, furnishing and vacancy buffer before booking.

Tenant and exit

Likely target audience: local own-stay families, upgraders or practical renters in the surrounding area. Before booking, compare entry price against nearby completed projects so the resale gap is clear. For rental planning, check realistic furnished rental, maintenance fee and vacancy buffer instead of only gross yield.

Risk notes

Traffic and actual travel time should be checked during weekday peak hour. Final package, rebate, car park allocation and legal fee support can change without notice. Rental estimate should be checked against current completed supply nearby. Construction timeline and VP date should be reconfirmed with the developer.

Cash buffer guide

SPA / legal buffer: RM 8,645

Stamp duty buffer: RM 25,935

Loan agreement buffer: RM 4,323

Renovation / move-in buffer: RM 21,613

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