My Property Deals by Scott Seow

My Property Deals

The Light Collection 4 Condo & Bungalow (landed) – IJM Land

the Light Water Villa - Contact Scott for more info +6011-1098 4066

The Light Collection 4 @ The Light City

The Light Collection 4 for sale & for rent

You’ll find: Video (coming soon), Layout, floor plan, facilities and details of this properties, including prices for sale & rent and most importantly our review for The Light Collection 4.

Table of Contents

The Light Collection 4 LOCATION

the Light Collection location

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Who is the developer? – IJM Land

IJM land +6011-10984066
IJM Land

The Light Collection 4 (also know as Light Collection IV), the final project among The Light Collection series offering low-rise super condominiums, duplexes and seafront bungalows with private pontoon and private pool.

Also, the last piece of development in the magnificent 5 of the Light Collection residential series, The Light Collection IV truly shines in every aspect of 21st century waterfront living experience. 

Key Features / Summary of the Light Collection 4

Property Type

The Light Collection 4 is built in bungalow (known as water villas) & condominium type

Tenure

The Light Collection 4 @ the Light City, Gelugor is a FREEHOLD property

Developer

IJM Land

Maintenance Fees

approx. RM 0.36 PSF

Built up / Size

Condominium from 1,991sf - 5,619
(with duplex penthouse choices)

Water Villas (4 Storey bungalow) @ Built up 10,000sf +/- with 5+1 bedrooms

Date of completion

The Light Collection 4 is completed around February 2017

Total Units

5 levels of Condominium @ 79 units only
4 storey Bungalow (Water Villas) @ 19 units only

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    Scott Seow
    REN 43700
    Real Estate Negotiator

    More About the Light Collection 4 condominium

    Just so you know, a condominium with a spiral staircase & rooftop garden for the Light Collection IV ( also known as the Light Collection 4) is a rare, contemporary living gem. An ultimate waterfront living with celebration of light, space, water & greenery to evoke the beauty, exclusivity & relaxed luxury.

    Condominiums of the Light Collection 4 comes with only 5 storeys high with 3 unique blocks arrangement.

    Designed to capture the best of urban living pleasures within a waterfront splendour setting, the 79 premier condominiums are a shinning example of how luxury living embracing sustainability can work wonders for the environment, whilst pampering the wishes of discerning homeowners.

    Arrange a visit with us now & get detail information.
  • Promise the best service
  • Commitment Free
  • WE ARE READY TO CARRY OUT ONLINE BRIEFING
  • Will propose the best options according to your wants and needs
  • My Property Deals Scott Seow
    Scott Seow
    REN 43700
    Real Estate Negotiator

    Facilities & Floorplan of The Light Collection 4

    1. Swimming Pool
    2. Wading Pool
    3. Gymnasium
    4. Function Room
    5. Changing Room

    You also get to enjoy the rest of the facilities at the whole The Light Collection series at the Light City , including and not limited to:

    1. Marina
    2. Coral
    3. Squash court
    4. Basketball court
    5. and MORE !
    the Light Collection 4 Floor Plan

    Like Cycling / Jogging ? No problem

    Beside the existing lane of the Light for cycling and jogging lane, phase 3 of development will be 7 acres of seafront park.

    To be honest, I like the environment here compared to Quayside @ Tanjung Tokong by E&O.

    (If you talk about Gurney side, to be honest I don’t know what’s the feeling to be like jogging or cycling there but definitely I will choose the Light over Quayside-personal preferences) 

    (feel free to drop a healthy discussion at the comment box at the bottom of the page, tell us you like Gurney, Tanjung Tokong or The Light @ Gelugor.)

    the Light Waterfront Penang Seafront Park with Cycling ang Jogging lane - Contact Scott to pick you a unit at the Light

    The Light Collection 4 layout

    the Light Collection 4 floor plan - contact +6011-1098 4066 Visi

    type A2 @ 2,540 sq ft

    4 Bedrooms

    4+1 Bathrooms

    2 Balcony

    Approx RM 2.4m – 2.7m 

    the Light Collection 4 layout - contact Scott to visit now +6011-1098 4066

    Type A3 @ 3,530sq ft

    3+1 Bedrooms

    4+1 Bathrooms

    2 Balcony

    Main Parcel 2,540 sq ft  + Accessory parcel 990 sq ft

    Approx Rm 3.2m

    the Light Collection iv - contact Scott to visit now +6011-1098

    type B1 @ 1,991 sq ft

    2 Bedrooms

    3+1 Bathrooms

    2 Balcony

    Approx RM 1.7m

    the Light Collection 4 - contact Scott to visit+6011-1098 4066

    Type C @ 2,185 sq ft

    3 Bedrooms

    3+1 Bathrooms

    2 Balcony

    Approx RM 2.1m – 2.4m

    the Light Collection 4 Floor plan - more info +6011-1098 4066

    type D1 @ 5,619 sq ft @ Duplex penthouse + Garden

    4+1 Bedrooms

    6 Bathrooms

    5 Balcony

    Main Parcel 4,435 sq ft  + Accessory parcel 1,184 sq ft

    approx RM 4.1m

    the Light Collection 4 layout - more info +6011-1098 4066 Scott

    Type E2 @ 2,228 sq ft

    3 Bedrooms

    4+1 Bathrooms

    3 Balcony

    approx RM 3.6m with garden

    More About the Light Collection 4 Water villas

    the Light Water villa layout - more info +6011-1098 4066 Scott

    Water Villas (4 storey bungalow) @ Built up approximately 10,000 sq ft

    • 4 Storey Bungalow
    • 5+1 Bedrooms
    • 5+1 Bathrooms
    • 3 Balcony
    • Private Infinity Pool
    • Built up 10,000 sq ft +/-
    • Main Parcel 7,040 sq ft  + Accessory parcel 3,057 sq ft
    • RM 10m – 14m
    the Light Collection 4 - Contact Scott to visit +6011-1098 4066

    The Light Collection 4 Water Villas Unobstructed Sea View

    Breath & relax here 

    Unblocked view

    Peaceful envinronment at the Light City

    Temporarily you wont face such issues (refer to photo attached)  at the Light City yet, and I am pretty sure about that wont happen within this 4 years time because the convention centre and mall is not yet up. So, everything is unknown, also, which is why I said the environment right now at the Light City is fantastic. Again, I love it compared to Quayside, Tanjung Tokong and Gurney Drive. 

    (no discrimination to particular area / residence, just to give a more detailed explanation)

    The Light Collection 4 for sale

    Unsure of which one to choose? Talk to Us

    1,991 sq ft

    Type B1
    RM 1,700,000+
    • 2 Bedrooms
    • 3+1 Bathrooms
    • 2 Utility Room
    • 2 Balcony

    3 - 4 bedrooms

    2,185sf - 5,619sf
    RM 2,100,000 onward
    • 3 to 4+1 Bedrooms choice
    • 3 to 6 Bathrooms choice
    • 2 to 5 Balcony choice
    • 3 bedrooms Duplex Penthouse + Garden RM 3.2m onward
    Popular

    Water Villa 4 Storey Bungalow

    10,000 sf
    RM 10,000,000 onward
    • 5+1 Bedrooms
    • 5+1 Bathrooms
    • 3 Balcony
    • Private Infinity Pool

    The Light Collection 4 @ The Light City Penang For Sale

    Actual Unit @ The Light Collection 4 Condominium for Sale

    Type A1, 2,551sf, 4 bedrooms, 4+1 bathrooms, 1 Utility Room @ RM2.9m Negotiable

    Type D1 @ 4,435sf + 1,561sf, 4+1 bedrooms, 1 Utility Rooms, 6 bathrooms @ RM 4.095m

    The Light Collection 4 Market Rental Rate

    The Light Collection rental rate as at August 2021

    2 Bedrooms

    RM 4,100 - 4,300
    • Fully Furnished
    • 1st come 1st serve & depends on available units in hand

    3 bedrooms

    RM 5,500 - 6,200
    • Fully Furnished
    • 1st come 1st serve & depends on available units in hand
    Popular

    4 bedrooms

    RM 4,800 - 6,500
    • Fully Furnished
    • 1st come 1st serve & depends on available units in hand

    The Light Collection 4 Actual Unit for rent

    The Light Collection 4 Penang for Rent

    RM 10,000 , 2,551sf, 4 +1 bedrooms, Fully Furnished & renovated, with Interior Design, Negotiable 

    Frequently Asked Questions (FAQs) about The Light Collection 4

    The Light Collection 4 Related Questions:

    The Light Collection 4 was completed around February 2017

    If I have to answer the question, I would really say unlikely. 

    I couldn’t imagine if there’s another new reclaimed land directly block the view of the owners of 19 units of the water villas bungalow (which total value at least RM 190m). Also, imagine how the owners will curse the developer if the developer even dare to reclaim in front of the 19 units of water villas bungalow.

    And talking about reclaim land, the current trend would be more to the Penang World City, another 2 projects upcoming / yet to be completed by Ideal Property Group in front of Queensbay Mall, Southern part of Penang, Seri Tanjung Pinang 2 (STP 2) and etc.

    Personal opinion, I think it’s safe to say that within 15 years you won’t see any reclaimation exactly in front of Light Collection 4. And I couldn’t imagine how they gonna reclaim as well

    Others:

    Yes you can. However, if it is a new project / under-constructions / developer’s unit , developers are giving free legal fees ya. 

    Developers would be happy if you help them save cost

    Yes you can. As long as I’m awake I will answer your call & reply your message.

    Rest assured. We are here to help & provide solution. We promise no hard selling or pushing. Tell us what’s in your mind and we’ll try our best to help

    Yes you can. Please contact us via 011-1098 4066 to visit  and get more information!

    Yes you can, please don’t hesitate to contact us for more details. 

    Can i take loan with local banks? Yes you can but there’s certain criteria you have to fulfill in order to apply loan from the local banks. Talk to us and we’ll help you with our best.

    Contact Us for The Light Collection 4

    the light collection 4 unique review

    Our Analysis / Opinion

    Extremely low density condominium in Penang Island and I think it’s safe to say that the Light Collection 4 condominium is one of the lowest condominium in Penang Island. You can enjoy the whole landscape and facilities of the Light Collection series. 

    I would give 5 stars once the Mall and Convention Centre is ready and become one of the famous spot of Penang Island. Also, it’s because of the convenience where currently the Light Collection don’t have any mart, supermarket, coffee shop or restaurant nearby. 

    Actually for me I would say ok because there is Tesco  (supermarket) nearby just that some picky purchaser might try to nitpick saying that “I have to drive a BIG round / circle to go Tesco”

    To be honest it’s not really that “BIG” / far because it’s just about 9 minutes distance to TESCO and back-and-forth won’t even cost you more than 15 minutes

    For me, I think it’s 2 sided where it is a good investment but it’s also not an easy investment. 

    Reason that I think it is a good investment simply because of branded developer, nice environment, nice landscape, nice facility, short travelling distance to future Convention Centre and Mall and most importantly my personal preference which is low density. Meaning to say lesser competitor if you were to sell it in the foreseeable future.

    In contrast, it is not an easy investment due to its pricing that is close to RM 2m and above and RM 10m above for the Water Villas Bungalow. Your future buyer will have a lots of choices too since it is RM 2m and above. In short, more patience is needed unless you’re very lucky that your potential buyer did a lot of surveys and finally decide on Light Collection 4 and I would say it’s either you have a good agent or you have a good timing.

    In conclusion, more negotiation will be required and most importantly, be patient.

    Current Per Square Feet (PSF) for Water Villas 4 storey bungalow will be around RM 1,420 to RM 1,900+ 

    PSF for the Light Collection 4 condominium would be somewhere around RM 850 to Rm 1,000+. (this is just a gross estimation/ calculation.) 

    To be honest personally I don’t like to calculate PSF, because people tend to not to compare apple to apple or I should say people are not comparing rationally. (No choice people insist to ask for the figure so I have to show it somehow)

    Just tweak some figure and the PSF will change a lot. I heard a funny comparison for the 22 Macalisterz (latest serviced residence project launched on 2021) where the PSF is somewhere almost RM 1,300 PSF. And the “investor” told me “it’s too crazy, this property cannot buy la, RM 1,300 PSF for studio or 2 bedrooms” 

    Well, I can’t say it’s crazy or not because it’s not my job to tell you whether crazy or not but to find you the right property that you can comfortably proceed with. 

    In addition, current ROI for rental return of the Light Collection 4 will be somewhere around 2% – 3% and please don’t forget about your potential capital gain / capital appreciation which is very subjective to factor into the rate therefore I only include ROI for rental.

    I’ve listed down the rental rate as at Aug 2021 for the Light Collection 4 condominium from 2 to 4 bedrooms rate. 

    Depends on your investment appetite, if you’re taking loan, for sure you’ll be facing net cash outflow for the investment and this would be very subjective and I couldn’t calculate or show here how much will be your monthly net cash outflow because it depends on the loan amount and loan tenure. 

    For sure monthly rental of RM 4,000+ to RM 6,000+ is less likely to be a local tenant. Therefore,  I would say current Covid-19 and travelling restrictions will make it slightly harder to rent out at satisfied rate or to rent out within short period of time.

    Take a recent case that I faced where I showed a tenant 2 seafront condo with market rental about RM 5k onward. After 3 units of viewing,  the tenants told me to counter offer owner. Let’s take a quick guess how much the offer? The tenant wants the rental at RM 2,500. You imagine yourself if the owner is standing in front of the tenant. 

    Well, as I mentioned up there it’s a good investment but also not an easy investment especially during the time of Covid-19. Existing owners will have to hold for another few years to at least breakeven by including the interest paid. 

    Again, just be patient and you’ll reap your profit or at least breakeven. As at March 2020 just before MCO 1 if not mistaken, a unit with 1,900sf+ sold out at RM 1.78m. 

    If you are looking to own a unit or to invest a unit here, do allow or understand that some owners might just wanna “earn” back their interest during the hard time and I don’t think you can easily find below RM 1m deal here. After all, if you’re looking for property that cost millions it also means that you have certain purchasing power and so do the existing owners and they are having certain holding powers as well.

    Even auction case also doesn’t represent the whole market unless of course the project itself having problems previously.

    In conclusion I would say just hold it and be patience and the Light City might be able to prove its value when the economy is recovering.

    For me, I’m ok with the traffic here because just a short distance and you’ll get to highway/ expressway. Also, the whole Light Collection series also within walking distance to the upcoming Convention Centre and the Mall that is currently under-construction by IJM.

    No obvious mosque / masjid exactly in front, back or at the side of the Light City, yet. As usual, if you really cannot accept mosque, please move out of Malaysia. Quite some time ago, I have some buyers who bought Karpal Singh there giving comments because of no mosque. Well, look at now what we have at Karpal Singh.

    Just want to emphasize that this is Malaysia’s culture and the Local Authority has the right to build at the spot they think necessary. So I wouldn’t make promises like “GUARANTEE there won’t be any mosque nearby” because the future is always unknown. 

    In short, I’m just gonna leave it at 4.5 stars for the Light Collection series traffic / travelling distance because not everybody likes short driving distance to expressway / highway and also close distance to Convention Centre and Mall. However, I do believe majority would like it due to its convenience in the future.

    If it were the first project on a piece of reclaimed land I might not be rating it at 5 stars because nothing to be seen and people might be worrying. However, There’s already Light Collection 1, 2, 3 before it came to Light Collection 4. Hence, facilities, small township and etc, you can say it’s done / ready.

    For me, it is a very good spot that you should consider if you’re looking for a luxury seafront living. A well planned township with luxurious facilities and landscape for owners of the Light Collection. As mention, I love the environment here more than Quayside. (If you love Quayside just go ahead I’m not saying Quayside is inferior, I’m just saying that I prefer the Light more than Quayside)

    There’s no PERFECT property only the property that suits you. If a property matches your requirement @ 70% – 80% just give it a serious consideration. Perfect property comes with “perfect” price. 

    In short, I would say the Light Collection 4 is just perfect for me.

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    Let’s arrange for a visit to Light Collection IV

    Interested with any of the project you saw here in our website ? Just click on the “Message” / “WhatsApp” button and let us know.

    We’ll send you detailed info & invite you to the showroom / sales gallery / actual site. 

    You can also reach us at +6011-1098 4066

    We’ll assist you throughout the process, if you’re happy, just pick up a unit, we have ready bankers & lawyers to assist your loan application & sales & purchase process.

    However, if you think our proposal is not able to suit your criteria, do feel free to let us know please don’t say “I’ll consider and come back to you”. We know you wont come back so just let us know so we can help you with our best. Again, we promise, no hard-selling.

    Voilà, congratulations, u can sign relevant documents now if everything approves / goes well. Sit back and relax to wait for your keys / vacant possession.

    What if loan rejected ? No worry, fully refundable for your booking fees. We’ll let you what could be the potential reason your loan is rejected, and then we start from there to build your profile again ! (Don’t be disappointed, it happens to some of our clients sometimes)

    The Light City View & Sea View

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    About My Property Deals - Scott Seow

    Real Estate Negotiator (REN 43700)

    I’m Scott Seow, a real estate negotiator focusing on new projects, sharing of news and updates related to Penang & Malaysia’s property. I’m an detailed & transparent person, what I know will definitely be what you know. Nobody likes hidden fact when it comes to decision-making.

    I deliver SHARP DETAIL for my clients throughout the entire property hunting journey. You need sharp detail because of information overload, unorganized, overpromising agent and developers. Right now, having someone who is SHARP & DETAILED is key to your success. Other people do not provide SHARP DETAIL and as a result, you’ll probably experience an incomplete information, confused or even wrong purchase decision!
    That is why I am the perfect solution to your problem

    You can reach me at +6011-1098 4066 or the contact button in the page or email me at penangpropertydeals@gmail.com if you need my service.

    Detail-Oriented Agent.

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    Professionally analyse and share the review. Appreciate for helping making decision.

    Funny, helpful and very informative guy! 👍🏻

    He was very polite and kind to me, who didn't know anything. Thanks to that, I can live with peace of mind. Thanks to you, I'm comfortable.

    Fast respond and unbiased about giving feedback

    Scott is a friendly, helpful and patient agent. He provided useful and detailed information that helped me to make the right decision on property. For me he is highly recommended.

    Scott has been managing my City of Dreams unit in Penang for nearly a year. He is a very professional and reliable estate agent. Highly recommended!