If you are considering The Lighthauz, the freehold waterfront residence by EXSIM at Penang Waterfront, Gelugor, this guide covers what buyers ask first: how much it costs, which layout to choose, who can buy, and what happens next.

How much does The Lighthauz cost?

Units at The Lighthauz start from RM864,500 (gross) for the 732 sqft Type A. That works out to roughly RM1,181 per sq ft at the entry level.

The larger 1,001 sqft Type B and Type C units are priced higher. Exact prices depend on floor level, facing and whether the unit has a balcony.

Prices quoted here are gross. Developer rebates, early-bird packages or Bumiputera discounts may apply and can change. For the latest price list, WhatsApp our team at 012-245 7793.

Quick facts

Type A vs Type B vs Type C: which layout suits you?

Every layout has 2 bathrooms and 2 car parks, and comes in two versions: with balcony (A1, B1, C1) or without balcony (A2, B2, C2). The non-balcony version folds that space into the living area, so the room feels larger and fully air-conditioned.

Type A – 732 sqft (1 bedroom + study)

Type A has one bedroom, a separate study, an open living and dining area, a kitchen and a yard. The study works as a home office, a nursery or a guest room.

Best for: singles and couples, first-time buyers, and investors who want the lowest entry price and a layout that rents easily to professionals.

Type B – 1,001 sqft (2 bedrooms + study)

Type B places the master bedroom (with its own bathroom) and the second bedroom on opposite sides of the living area. The study sits beside the second bedroom.

Best for: families with older children, buyers living with parents, or friends sharing, where privacy between bedrooms matters.

Type C – 1,001 sqft (2 bedrooms + study)

Type C is the same size as Type B, but the master bedroom, study and second bedroom are grouped together along one side. That leaves a wider, uninterrupted living and dining space.

Best for: young families who want children’s rooms close by, and owners who entertain and want one large living space.

Note on “3R2B”: marketing material lists Types B and C as 3R2B. The third room is a study, so the layouts are 2 bedrooms + study. Ask to see the floor plan to judge whether the study suits your needs as a bedroom.

Balcony or no balcony?

• With balcony: outdoor space for plants, drying or a small seating area, and views straight from the living room.
• Without balcony: more usable indoor floor area at the same built-up size, fully air-conditioned, and easier to furnish.

Investors often favour the non-balcony version for usable space. Owner-occupiers who value fresh air tend to prefer a balcony.

Who can buy at The Lighthauz?

Malaysians can buy any available unit, subject to loan eligibility.

Foreign buyers: on Penang Island, foreigners generally face a minimum purchase price of RM1 million for strata property and need state approval. That means only some units, typically the larger Type B and C units on higher floors, may qualify. Ask our team which units meet the threshold.

Title type: ask our team to confirm the title type for your unit. Title type can affect utility tariffs and loan terms, so check with your banker too.

What does it cost to own?

• Maintenance fee: ask our team for the current maintenance fee and sinking fund rate.
• Booking fee: ask our team for the current booking fee.
• Loan: Malaysian banks typically finance up to 90% for a buyer’s first two properties, subject to income, credit checks and the title type. Your banker will confirm what you qualify for.
• Legal fees and stamp duty: these apply on the SPA and loan agreement. Ask whether the current package includes any developer-paid fees.

Facilities included

Residents get facilities across the podium deck and the top of the tower:

• Podium deck: Coastal Gym, Seaside Court, Lumina Hall (multipurpose hall), Firelight Grillbar (BBQ), Children Discovery Play, Mindspace, Readery Deck, Serenity Garden and the Stargazing & Yoga Deck
• Sky level: Astral Lagoon sky pool, Stargaze Soak jacuzzi, Mirage Bay wading pool, Horizon Lounge and Fun Hub

See the homepage for the full facilities list.

When will it be completed?

Completion is expected in 2030. Like all new developments, the timeline depends on construction progress and approvals. Your SPA sets out the official delivery date.

How to book a viewing

1. WhatsApp us at 012-245 7793 to request the latest price list and available units.
2. Book an appointment at the EXSIM Lighthauz Sales Gallery: No. 53-02, MBF Tower, Jalan Sultan Ahmad Shah, George Town. Visits are by appointment.
3. View the show unit and floor plans, then choose your layout and floor.
4. Pay the booking fee to secure the unit, then sign the SPA within the stated period.

Related guides: Location guide: LRT, Penang Bridge & amenities · The Lighthauz vs other Penang condos

Prices and details are indicative and subject to change. Please refer to the Sale & Purchase Agreement for final terms.

Penang Island has plenty of new condos, so how does The Lighthauz compare? Instead of making vague claims, this guide sets out The Lighthauz’s facts on the points buyers usually compare, and what to check when you look at any other project.

At a glance

\Subject to final government approval.*

1. Freehold tenure

Freehold means you own the property indefinitely, with no lease expiry and no future renewal cost. Many island projects are leasehold, typically 99 years. The remaining lease matters when you resell, and some banks lend less on shorter leases. The Lighthauz is freehold.

2. A genuine waterfront precinct

Many condos advertise “sea views” from a distance. The Lighthauz sits inside the Penang Waterfront precinct, next to PWCC and the Lin Xiang Xiong Art Gallery. When you compare, check what a unit actually faces. At The Lighthauz, facings range from the sea and the Penang Bridge to the southeast, to Bukit Dumbar and Gelugor on the other sides, so pick your stack carefully.

3. Connectivity

The Lighthauz is on the Tun Dr. Lim Chong Eu Expressway:

• about 5 minutes to the Penang Bridge
• about 10 minutes to George Town
• about 15–20 minutes to the Bayan Lepas FIZ and the airport

The proposed Penang Waterfront LRT Station on the Mutiara Line would add rail access within walking distance. Compare this with projects that depend only on roads, and test your own commute at peak hour.

4. Layouts and usable space

The Lighthauz offers three layouts:

• Type A, 732 sqft: 1 bedroom + study
• Type B, 1,001 sqft: 2 bedrooms + study, with bedrooms on opposite sides for privacy
• Type C, 1,001 sqft: 2 bedrooms + study, with bedrooms grouped and a wider living area

Each comes with or without a balcony. When you compare with other projects, look past the built-up area. Check wall-to-wall room sizes, wasted corridor space, and whether a “3-room” unit’s third room is a full bedroom or a study.

5. Two car parks per unit

Every Lighthauz unit comes with 2 car parks, including the 732 sqft Type A. Smaller units at many island projects come with only one, which matters for couples with two cars and for tenants.

6. Facilities

Facilities are split between the podium deck (gym, sports court, multipurpose hall, BBQ, children’s play area, gardens, yoga deck) and the sky level (Astral Lagoon sky pool, jacuzzi, wading pool, Horizon Lounge and Fun Hub). When comparing, look at how much facility space there is per unit and whether the pool is shaded or exposed.

7. Price per square foot

At about RM1,181 psf for the entry Type A, compare The Lighthauz with other island projects on psf, tenure and parking together. A cheaper leasehold unit with one car park is not like-for-like.

8. Points to weigh honestly

• Density: 671 units in one tower is a sizeable community. Check the lift waiting times and facility crowding you are comfortable with.
• Completion: expected in 2030, so this is a longer wait than buying a completed unit.
• Title type: confirm the title and what it means for your utilities and loan.
• LRT timing: treat the LRT as a future bonus, not a certainty.

Buyer checklist (use it for any project)

• ☐ Freehold or leasehold, and how many years remain?
• ☐ Residential or commercial title?
• ☐ Price per sq ft after rebates
• ☐ Number of car parks included
• ☐ Unit facing and what will block the view later
• ☐ Commute time at 8am to your workplace
• ☐ Maintenance fee and sinking fund per sq ft
• ☐ The developer’s past delivery record

Compare in person

The best comparison is seeing the layouts yourself. WhatsApp our team at 012-245 7793 for the latest price list, or to book a sales gallery visit.

Related guides: The Lighthauz price & buyer guide · Penang Waterfront Gelugor location guide