A 57-storey freehold tower in Gelugor with two car parks for every home
The Lighthauz Gelugor
The Lighthauz @ Gelugor, Penang
Seksyen 8, George Town (Gelugor), Penang island
|
Project Details
|
|
|---|---|
|
Development
|
The Lighthauz @ Gelugor, Penang
|
|
Developer
|
EXSIM Waterfront Sdn Bhd
|
|
Land Title
|
Commercial title under the Housing Development Act
|
|
Land Area
|
2.03 acres
|
|
Tenure
|
Freehold
|
|
No. of Towers
|
|
|
Total Units
|
671 Units
|
|
Total Floors
|
57
|
|
Total Unit Per Floor
|
Levels 9-52: about 15; Levels 53-53A: about 8
|
|
Lifts Per Floor
|
6 passenger lifts + 1 service lift
|
|
Unit Size
|
Type A1 (Balcony) | 732 sq.ft. | 1+1 Bedroom
Type A2 (Non-Balcony) | 732 sq.ft. | 1+1 Bedroom Type B1 (Balcony) | 1,001 sq.ft. | 2+1 Bedroom Type B2 (Non-Balcony) | 1,001 sq.ft. | 2+1 Bedroom Type C1 (Balcony) | 1,001 sq.ft. | 2+1 Bedroom Type C2 (Non-Balcony) | 1,001 sq.ft. | 2+1 Bedroom |
What You Get at The Lighthauz
Two Sizes, Balcony or Not
Pick 732 sq ft for a couple or 1,001 sq ft for a small family. Each size comes in a balcony version (A1, B1, C1) and a version without one (A2, B2, C2), and all have two bathrooms.
Two Car Parks for Every Unit
Each home comes with two car parks, so a couple who both drive, or a family with a second car, do not have to share one bay or look for parking outside.
Six Lifts for About 15 Units
About 15 homes share a floor from Level 9 to 52, dropping to about 8 on Levels 53 and 53A. The building runs six passenger lifts and one service lift between them.
A Level 9 Podium for Families
The Level 9 podium holds a hall where children can play badminton, pickleball or 3x3 basketball, plus a gym, a discovery play area, a study room, a yoga deck, a grill corner and herb and serenity gardens.
Sky Pool on Level 56
The sky pool, wading pool and jacuzzi sit on Level 56 of Wing B, and Level 57 has a games room and a sky lounge, so every resident can use the top of the tower, not only the podium.
RM0.46 psf Maintenance
The maintenance fee is RM0.46 psf including the sinking fund. Units are handed over partly furnished, and completion is due 60 months after the developer obtains its APDL.
The Lighthauz Layout Plans
Seksyen 8 waterfront plot, Gelugor
Ask About The Lighthauz
What The Lighthauz @ Gelugor, Penang costs to own
Worked from the published figures on this page.
| Starting price | RM864,500 |
|---|---|
| Roughly per square foot, at the smallest layout | RM1,181 |
| Stamp duty on the transfer, Malaysian buyer | RM19,935 |
| Stamp duty on the transfer, foreign buyer (flat 8%) | RM69,160 |
| Stamp duty on the loan agreement | 0.5% of your loan amount |
Transfer stamp duty for a Malaysian buyer is 1% on the first RM100,000, 2% on the next RM400,000, 3% on the next RM500,000 and 4% above RM1 million. Foreign individuals and companies pay a flat 8% from 1 January 2026.
How dense it is
| Units per floor | Levels 9-52: about 15; Levels 53-53A: about 8 |
|---|
Who it suits
- Buyers who need more room. The larger layouts reach 1,001 sq ft.
- Buyers who can wait. Completion is expected in 2030 (60 months after APDL), so budget for rent until then.
- Malaysian buyers. Penang sets RM1,000,000 as the minimum for a foreign buyer of a strata home on Penang island, so the lower-priced units here are for local buyers; a foreign buyer needs a unit priced at RM1,000,000 or more, with State Authority approval applied for through a lawyer.
Who it may not suit
- You need to move in before 2030. Completion is expected in 2030, about 4 years after signing this year, so plan to rent or stay where you are until then.
- Your family needs three bedrooms. The largest layout here has only 2 bedrooms.
What to confirm before you sign
- The service charge per square foot. It is the cost you carry every month for as long as you own, and it varies several times over between buildings.
- Car park allocation in writing. Some city projects allocate none; you rent a bay monthly instead.
- It sits on a Commercial title under the Housing Development Act. That changes utility tariffs and assessment rates compared with a residential title — ask for the figures before you budget.
- The delivery date in the sale and purchase agreement, not the one in the brochure.
Prices are gross and change with unit and floor. Last checked .
Holding The Lighthauz month to month
For the starting-price unit of The Lighthauz, at RM864,500, a 90% loan of RM778,050 repaid over 35 years at 4% a year, my example rate, costs about RM3,445 a month. The entry unit here, 732 sq ft, carries a service charge of about RM337 a month, sinking fund included. Budget roughly RM3,782 a month, not yet counting assessment tax or quit rent.
Tell me which unit you are considering on WhatsApp, +60 17-880 2526, and I will work it out for that unit.
The 4% is an example rate rather than a quote, and what you sign for is priced unit by unit and floor by floor. For a different loan, scale it up or down with the table below.
Your monthly bill in parts
| Part | Each month | Where it comes from |
|---|---|---|
| Instalment on a 90% loan of RM778,050 | RM3,445 | 90% of RM864,500, 35 years at 4% a year |
| Service charge | RM337 | RM0.46 on each of 732 square feet |
| Sinking fund | Already included | 10% of the service charge, the legal minimum |
| Assessment tax | Two bills a year | Your local council sets it on the annual value |
| Quit rent | One bill a year | Due every 1 January |
| Total a month | RM3,782 | Instalment and service charge |
Work out your own instalment
The bank's formula is monthly payment = P × r ÷ [1 − (1 + r)−n]. P is the amount borrowed, r is the yearly rate ÷ 12, and n is the number of monthly payments: 420 over 35 years.
Most new home loans float. The rate is the Standardised Base Rate (SBR) plus a spread the bank sets for you, and the SBR tracks the Overnight Policy Rate, which Bank Negara has held at 2.75% from 9 July 2025. At 4.5% instead of 4%, that RM778,050 loan costs about RM237 more a month, and a 30-year term instead of 35 adds about RM270. If this would be your third or later home loan, the bank can lend at most 70% of the property's value.
| For each RM100,000, at a rate of | Repaid over 35 years | Repaid over 30 years |
|---|---|---|
| 4.0% a year | RM443 a month | RM477 a month |
| 4.5% a year | RM473 a month | RM507 a month |
| 5.0% a year | RM505 a month | RM537 a month |
For a RM650,000 loan at 4% over 35 years, take 6.5 × RM443: about RM2,880 a month.
Service charge and sinking fund
The service charge at The Lighthauz is RM0.46 a month for each square foot, and that already counts the sinking fund. Under the Strata Management Act 2013, the sinking fund is at least 10% of the service charge and is kept for major repairs.
Across the 125 high-rise projects I track, the middle figure is RM0.40 per sq ft. The Lighthauz is above it, about RM44 a month more on the smallest unit than a building charging the middle figure.
Frequently asked questions
Where is The Lighthauz?
The Lighthauz is in Seksyen 8, George Town (Gelugor), Penang island.
Is The Lighthauz freehold or leasehold?
The Lighthauz is freehold. Land title: Commercial title under the Housing Development Act.
How much does a unit at The Lighthauz cost?
Prices start from RM864,500 (gross) and vary with the unit type, floor and facing.
What layouts are available at The Lighthauz?
Sizes range from 732 to 1,001 sq ft, with 1+1 to 2+1 bedrooms.
How many units are there at The Lighthauz?
671 units, 57 storeys.
Who is the developer of The Lighthauz?
The Lighthauz is developed by EXSIM Waterfront Sdn Bhd.
When will The Lighthauz be completed?
Completion is expected in 2030 (60 months after APDL).
Can a foreigner buy at The Lighthauz?
Only units priced at RM1,000,000 or more. Penang sets RM1,000,000 as the minimum price for a foreign buyer of a strata home on Penang island; The Lighthauz starts at RM864,500 and the highest price here is RM1,173,700. The purchase is applied for through a lawyer and needs approval by the State Authority. The application fee is RM20,000 per title (commercial title). The levy is 1.5% of the price (Penang island strata homes priced RM1,000,000 to RM1,500,000), payable within 30 days of approval, and a foreign owner may not sell within 3 years of the sale and purchase agreement. Every state's minimum price for foreign buyers →
Where to look next
Other projects I would put beside this one before deciding: similar budget, size or area.