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The Light Linear is an exclusive residential development located along the eastern coastline of Penang Island. As a part of the integrated development of The Light Waterfront, Penang, the second phase of the integrated development will be a mixed development and the final phase will be a seafront park.
Aside from providing basic condominium facilities, residents will also have a large locker space for extra storage needs. Promoting the concept of "Green Living", parts of this high rise residential building is made of sustainable building materials. The plants around the property will be watered by an ingenious rain harvesting system.
Every one of the units will have a glass balcony, where residents will be able to enjoy magnificent sea views from their very own homes. Sitting on the touristy island of Penang, residents will be close to not only a good transportation network but also a great variety of amenities.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
The Light Linear | Sept 2012 |
RM897,000
-
RM1,400,000
RM 383 psf - RM 877 psf |
RM2,000 - RM2,000 | NIL | 2.25 % |
The Light Collection III | Jan 2015 |
RM1,450,000
-
RM3,388,000
RM 702 psf - RM 1,278 psf |
RM1,200 - RM1,200 | NIL | 1.07 % |
The Light Collection II | Jan 2014 |
RM620,000
-
RM2,873,000
RM 809 psf - RM 1,411 psf |
RM1,800 - RM1,800 | NIL | 2.68 % |
The Light Collection I | Aug 2013 |
RM1,020,000
-
RM4,200,000
RM 644 psf - RM 1,340 psf |
RM2,000 - RM2,000 | NIL | 2.0 % |
The Light Point | Jan 2013 |
RM1,200,000
-
RM5,000,000
RM 655 psf - RM 1,225 psf |
RM3,500 - RM3,500 | NIL | 2.86 % |
The View | 2007 |
RM850,000
-
RM1,800,000
RM 407 psf - RM 609 psf |
RM2,000 - RM2,000 | NIL | 3.17 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | RM 1,213 psf | - | - |
1,000 - 1,500 SQ. FT | RM 824 psf | - | - |
1,500 - 2,500 SQ. FT | RM 730 psf | - | - |
2,500 - 4,000 SQ. FT | - | RM 3,050,000 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 57,453 |
Loan Amount ( 90 %) | RM 517,077 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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