The Lighthauz
@ Penang Waterfront

The Lighthauz @ Penang Waterfront starts from RM 876,000 for Type A (732 sqft, 2-bedroom) and from RM 1,118,200 for Type B and C (1,001 sqft, 3-bedroom). These are SPA prices before the early bird rebate of up to 10%. The price per square foot ranges from approximately RM 1,005 to RM 1,062 psf — highly competitive for a freehold, waterfront, GreenRE-certified development in Penang. Contact us via WhatsApp for the latest available units and floor-specific pricing.

EXSIM is offering an Early Bird Rebate of up to 10% upon SPA signing, plus a 2% Bumi Rebate (for Bumiputera buyers), a 2% Repeat Buyer Rebate, and a 0.5% Cash Buyer Rebate upon VP. Additionally, all units come with a generous Partially Furnished Package including free legal fees, air-conditioners, kitchen cabinets, water heater, wardrobe, kitchen hood & hob, fridge, microwave, washer dryer, and digital lockset — saving buyers tens of thousands in renovation costs.

The maintenance fee is RM 0.46 psf including sinking fund. For a 732 sqft Type A unit, that works out to approximately RM 337 per month. For a 1,001 sqft Type B/C unit, approximately RM 461 per month. EXSIM has committed to subsidising maintenance fees by up to RM 0.08 psf for 2 years in the event of any deficit in the maintenance account — giving buyers additional financial peace of mind.

The Lighthauz offers strong rental yield potential driven by its waterfront location, adjacency to the upcoming Mutiara LRT Station (S15), proximity to USM, walking distance to E-Gate Mall and Lotus’s, and the broader Penang Waterfront masterplan which will drive sustained demand. Comparable waterfront projects in Penang command short-stay rates of RM 250+ per night at 80%+ occupancy. For rental investment advice tailored to your unit selection, WhatsApp our team.

The Lighthauz is located at Gelugor, George Town, Penang Island — specifically at PT. 224, Seksyen 8, Bandar George Town, Daerah Timur Laut, Pulau Pinang. The development sits directly on the Penang Waterfront, with the Penang Strait just metres away. It is accessible via Jalan Gelugor and sits within the broader Penang Waterfront integrated masterplan, which includes a shopping mall, Seaview Convention Centre, promenade, hotels, and office towers all within walking distance.

Yes — the Penang Waterfront LRT Station (Station S15) on the upcoming Mutiara Line is directly adjacent to The Lighthauz development. The Mutiara Line is now in its Public Inspection phase (2026), connecting residents to George Town, Komtar, and Penang International Airport without a car. This is a significant value driver — very few properties in Penang can claim LRT-adjacent positioning.

The Lighthauz is approximately 15–20 minutes by car from Penang International Airport, via the Penang Bridge or the coastal road. The upcoming Mutiara LRT will also provide a direct rail link to the airport, making The Lighthauz one of Penang’s best-connected residential addresses for frequent travellers and expatriates.

The Lighthauz offers three levels of curated facilities. Level 9 features a Multipurpose Hall (Badminton, Pickleball, 3×3 Basketball Courts), Coastal Gym, Mindspace co-working area, Readery Deck, Serenity Garden, Herbs Haven, and Kid’s Playground. Levels 56 & 57 host the spectacular Sky Facilities zone: Astral Lagoon (Sky Pool), Mirage Bay Wading Pool, Stargaze Soak Jacuzzi, BBQ Area, Horizon Lounge, and Fun Hub Games Room — all with panoramic sea and Penang Bridge views.

Yes — The Lighthauz carries a freehold land title, which is rare for a high-rise waterfront development in Penang. Freehold means there is no lease expiry, the title passes in perpetuity to owners and their heirs, and the property typically commands a premium in resale value over leasehold developments. This is one of the most compelling reasons to consider The Lighthauz as a long-term asset.

The expected completion is 60 months after the APDL (Advertising Permit & Developer’s Licence) is obtained. EXSIM has a strong track record of on-time delivery across its portfolio — having handed over 12,600+ units — and has won multiple FIABCI Malaysia awards for construction quality and project management excellence.

The Penang Waterfront precinct is undergoing a landmark transformation: the Mutiara LRT is under construction, a new shopping mall, Seaview Convention Centre, 4&5-star hotels, promenade, and office towers are being built within walking distance. Gelugor’s mature infrastructure — including Lotus’s, E-Gate Mall, USM campus, and established medical facilities — provides immediate liveability, while future infrastructure investment is expected to significantly lift property values in the medium-to-long term.

Yes, foreigners are eligible to purchase The Lighthauz. As a Commercial title under the Housing Development Act (HDA), the project qualifies under Malaysia’s MM2H and general foreign property ownership rules. The minimum purchase price for foreigners in Penang is RM 1,000,000, which aligns with the Type B and C units. Foreign buyers should engage a Malaysian solicitor to advise on the Memorandum of Transfer and any applicable RPGT. WhatsApp us for a referral to our legal partners.

Yes — The Lighthauz is eligible for purchase under Malaysia My Second Home (MM2H) for qualifying applicants. MM2H holders may purchase Malaysian properties with reduced restrictions, and the Penang Waterfront address is particularly attractive for international retirees and remote workers who value connectivity, lifestyle amenities, and sea views. Our team can connect you with MM2H specialist agents for a full eligibility assessment. Contact us on WhatsApp to get started.

The Lighthauz is developed by EXSIM Waterfront Sdn. Bhd., a subsidiary of EXSIM Group — one of Malaysia’s most awarded property developers. Founded in 2008, EXSIM has completed 30+ projects across the Klang Valley, Penang, Perak, Terengganu, Sabah, and Johor. Their track record includes 12 Gold GreenRE certifications, FIABCI World Prix D’Excellence 2023 & 2025 wins, and multiple Malaysia Property Awards. The Lighthauz is their flagship Penang waterfront project.

GreenRE is Malaysia’s leading green building certification, aligned with the UN’s Sustainable Development Goals and the World Green Building Council’s net-zero commitment. The Lighthauz is GreenRE-certified, which means it incorporates solar panels, eco-friendly materials, EV charger provision, energy-efficient air-conditioning, rainwater harvesting, LED lighting, and motion sensors — all of which reduce your monthly utility bills while contributing to a more sustainable living environment. GreenRE buildings also tend to command premium resale values. WhatsApp us for full specification details.