The Light City Penang: Complete Masterplan & Development Overview

Explore The Light City Penang — a 200-acre freehold waterfront city by IJM Land with residences, malls, hotels & LRT connectivity.

Table of Contents

Special thanks to Calvin for providing the exclusive video walkthrough and insights into The Light City, giving our readers a closer look at this landmark development.

The Light City Penang is one of the island’s most ambitious waterfront developments. Spanning 200 acres of freehold reclaimed land, this integrated city combines luxury residences, retail malls, office towers, a massive convention centre, and a future LRT station — offering a unique blend of urban convenience and seafront living.

Overview of The Light City Penang

The Light City Master Plan Overview Map - The Light City Penang: Complete Masterplan & Development Overview - Look Property MY

The Light City is developed by IJM Land, strategically located along the Penang waterfront with easy access to Lim Chong Eu Highway and the Penang First Bridge. The masterplan consists of three distinct phases:

  • Phase 1: 43 acres — fully residential, featuring luxury condos and seafront villas
  • Phase 2: 103 acres — mixed-use with residential, hotels, offices, retail, and the Pinang Waterfront Convention Centre
  • Phase 3: 7 acres — planned for seafront parks and future developments

Why it matters: This development sets a new benchmark for Penang’s waterfront living, combining lifestyle, convenience, and investment potential in a single location.

Phase-by-Phase Breakdown

the light city phase 1 - The Light City Penang: Complete Masterplan & Development Overview - Look Property MY

Phase 1 – Luxury Waterfront Residences

Phase 1 spans 43 acres and introduced the first wave of residents to The Light City. Key projects include:

  • Light Linear: 338 units, 1,475–3,000 ft², completed 2012, resale 1M–1.5M (MYR)
  • Light Collection 1: 152 condos + 24 water villas, 1,528–3,132 ft², resale 1.3M–3.5M (MYR)
  • Light Collection 2: 297 units, 512–3,700 ft², resale 700K–3.8M (MYR)
  • Light Point: 88 units, 1,800–4,000 ft², resale 1.6M–5.5M (MYR)
  • Light Collection 3: 170 condos + 20 duplex townhouses, 1,850–4,800 ft², resale 2M–7M (MYR)
  • Light Collection 4: 79 luxury condos + 19 water villas, 1,991–10,000 ft², resale 2M–9.88M (MYR)

Takeaway: Phase 1 established high-end, low-density, waterfront living, attracting early adopters and setting strong resale benchmarks.

The Light City Phase 2 - The Light City Penang: Complete Masterplan & Development Overview - Look Property MY

Phase 2 – Mixed-Use City Development

Phase 2 covers 103 acres and integrates residential, commercial, and lifestyle elements:

  • Residential:
    • Waterside Residence: 3-block, 33–17 floors, 1,077–1,636 ft², completed 2020
    • Mezzo: 2-block, 33 floors, 456 units, 1,033–1,367 ft², near completion
  • Commercial & Hospitality:
    • JDV by Hyatt: 5-star boutique hotel, 156 rooms
    • Galaxy Minyuan: 4-star hotel from China, 303 rooms
    • 11-story office building: 200,000 ft², 80% leased by end 2025
  • Convention Centre: Pinang Waterfront Convention Centre
    • Capacity: 10,000 guests
    • Exhibition space: 107,000 ft²
    • Parking: 2,900 bays
    • Expected opening: October 2025
  • Retail: Waterfront mall over 1.5 million ft² (first phase ~1 million ft²)
  • Future LRT Station: Penang Waterfront Station (Mutara Line)

Takeaway: Phase 2 is the true integrated city, offering convenience, investment opportunities, and lifestyle amenities within walking distance.

Phase 3 – Seafront Park & Future Developments

  • Approx. 7 acres of planned green space
  • Seafront park for recreation and community events
  • Potential for commercial and residential expansions

Takeaway: Phase 3 enhances the overall waterfront lifestyle while increasing long-term property value.

Why The Light City Matters

Homebuyers

  • Waterfront lifestyle with malls, hotels, and convention centre nearby
  • Future LRT connectivity and walkable urban design

Investors

  • Phase 1 resale prices remain strong
  • Upcoming demand from Phase 2 projects like Mezzo and Waterside Residence
  • Opportunities for rental and short-term investment

Accessibility

  • Connected via Lim Chong Eu Highway and Penang First Bridge
  • Four access points for convenient travel to Georgetown, the airport, and other key areas

Investment Potential

Resale Market

  • Waterfront lifestyle with malls, hotels, and convention centre nearby
  • Future LRT connectivity and walkable urban design

Rental Yield

  • Phase 1 resale prices remain strong
  • Upcoming demand from Phase 2 projects like Mezzo and Waterside Residence
  • Opportunities for rental and short-term investment

Foreign Buyers

  • Connected via Lim Chong Eu Highway and Penang First Bridge
  • Four access points for convenient travel to Georgetown, the airport, and other key areas

Future Value

  • Connected via Lim Chong Eu Highway and Penang First Bridge
  • Four access points for convenient travel to Georgetown, the airport, and other key areas

FAQ Section

All properties are freehold, allowing ownership to be passed down to future generations.

There is a total of three phases:
Phase 1 – residential
Phase 2 – mixed-development
Phase 3 – park & future developments

Condos, seafront villas, low-density towers, and commercial spaces.

Yes, the Penang Waterfront Station will connect the city to Georgetown and the airport.

Yes, foreign buyers are welcome to invest in residential projects.

Resale prices range from 700K–9.88M MYR, depending on unit type and size.

Looking for Phase 1? Reach out to our property advisor.

Phase 2 prices start from MYR 800,000 onwards. Since not all projects have been launched yet, exact pricing may vary. For the latest updates on current selling units, upcoming launches, and future pricing, reach out to our property advisors.

Waterfront parks, retail malls, office towers, hotels, convention centre, and planned recreational areas.

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