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IJM Perennials Lightwater Residences at The Light Waterfront Penang checks off every definition of luxury

Lightwater Residences at The Light Waterfront Penang opened for sale on Thursday with 262 units priced from RM2.06 million, the developer said.

Source: EdgeProp Malaysia · August 21, 2026 at 11:49 PM · AI-assisted report

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PENANG, 22 AUGUST 2026 —

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Lightwater Residences at The Light Waterfront Penang opened for sale on Thursday with 262 units priced from RM2.06 million, the developer said.

Market Impact

The RM694 million project by Jaringan Simfoni Sdn Bhd, a unit of IJM Perennial Development Sdn Bhd, sits on 2.87 acres of freehold land inside The Light City, the flagship zone of the 152-acre THE LIGHT Waterfront Penang master plan.

Each two-tower scheme delivers unobstructed 180° sea views through floor-to-ceiling glass and open-plan layouts, according to the company. The scheme carries GreenRE Gold certification.

Units start at 1,152 sq ft for RM2.06 million and rise to 1,690 sq ft three-bedroom-plus-study homes priced from RM3.15 million. A three-bedroom unit begins at RM2.64 million.

The developer said the lowest price equates to RM1,788 per sq ft for the smallest layout, while the largest three-bedroom unit lists at RM1,863 per sq ft.

Security features include facial recognition at lifts, personalised QR codes for visitors and panic buttons at key points.

The Level 6 podium hosts a seafront infinity pool, aqua gym, gymnasium and outdoor yoga deck. Level 25 hosts a sky terrace with lounge, private dining suite and whisky room.

Phase 2 of THE LIGHT Waterfront Penang also includes The Waterfront Shoppes, the 750 m waterfront promenade and the Penang Waterfront Convention Centre, giving residents direct access to retail, dining, events and hospitality.

Connectivity is via the Tun Dr Lim Chong Eu Highway; the Penang Bridge is less than three minutes away by car. A future Penang Waterfront LRT station on the Mutiara Line will link the site via a sheltered walkway.

IJM Perennial is offering legal-fee waivers on the sale and purchase and loan agreements, plus rebates up to RM200,000 on selected units. Completion is scheduled for the first quarter of 2029.

Related: IJM · Penang

Reporting based on EdgeProp Malaysia. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.