Exsim
The Lighthauz
Gelugor, Penang Island
From
RM 890K
Tenure
freehold
Title
Commercial (HDA)
Total Units
671
Completion
TBC
- From
- RM 890K
- PSF
- —
- Tenure
- freehold
- Total units
- 671
- Status
- selling
- Completion
- —
Price at a glance
Prices as at September 2026 — Developer prices basis. Last checked 2026-07-29. The project has not completed — no resale market yet.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 732–1,001 | RM890,000 | ~RM889 |
Zac’s Take
Zac Ong
The Lighthauz is Exsim's new Gelugor tower — 56 storeys, 671 units, freehold, on a 2-acre site. Layouts split clean: 732 sqft 1-bedroom (Types A1/A2) and 1,001 sqft 2-bedroom (Types B1/B2/C1/C2). All units come with a balcony — a real spec point in this segment.
The building is a long-hold proposition. Expected completion is 60 months after APDL, putting handover around late 2029 to early 2030. That gives you a 4-year off-plan wait, and Exsim's discipline on construction quality is one of the reasons buyers tolerate that timeline.
My honest take: The Lighthauz fits a specific buyer — someone with a 5-10 year horizon, comfortable with the off-plan wait, and clear-eyed about the service-apartment format (which usually means commercial-HDA title — verify at SPA). The 1-bedroom 732 sqft suits a single professional or a yield-play; the 1,001 sqft 2-bedrooms work for couples and small families. View premium is real here — the marketing materials emphasise the floor-by-floor height variation. Ask me which orientation faces the Penang Bridge cleanly vs the inland-facing stacks.
The Lighthauz price list 2026
0 of 6 unit types have a published price
| Type | Size (sqft) | Price from | PSF (derived) | Units |
|---|---|---|---|---|
| A11-bedroom | 732 | On application | — | 0 |
| A21-bedroom | 732 | On application | — | 0 |
| B12-bedroom | 1,001 | On application | — | 0 |
| B22-bedroom | 1,001 | On application | — | 0 |
| C12-bedroom | 1,001 | On application | — | 0 |
| C22-bedroom | 1,001 | On application | — | 0 |
PSF is derived, not quoted — each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.
Developer price — the project has not completed, so there is no resale market to compare against, last checked 2026-07-29. Developers reprice between phases — confirm the current list before committing.
No published unit type clears the RM1M foreign-buyer minimum, but 6 types are priced on application — those may qualify. Ask before ruling the project out.
6 unit types are priced on application
Usually the penthouses and duplexes — developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.
📲 Ask for the current price list⚠Commercial under HDA inferred from Exsim service-apartment format; verify with developer at SPA.
Building specifications
- Blocks
- 1
- Floors
- 56
- Total units
- 671
- Lifts per floor
- 7
Facilities
What's nearby
🏥 Healthcare
- Hospital Lam Wah Ee4.0km
- Penang Adventist Hospital7.0km
🎓 Schools
- SJK(C) Keong Hoe2.0km
- Universiti Sains Malaysia (USM)3.0km
- Fairview International School Penang6.0km
🛍 Shopping
- The Light Waterfront300m
- Queensbay Mall5.0km
Monthly Instalment Calculator
Monthly Instalment
RM 3,595
Total Interest
RM 708,829
Total Outlay
RM 1,598,829
Estimates only — not an offer, quotation, or representation of the developer's actual pricing or package. Actual instalments depend on the bank's approved rate, tenure and margin of financing.
📲 Discuss financing options with ZacOther projects in gelugor
All 11 others we track here, cheapest first — 5 of them still selling.
- Zen6RM550K
- Merione GrandRM693K
- STARK TowerRM700K
- Pearl RegencyRM723K
- Keeperz SuitesRM844K
- Middleton @ Minden HeightsRM861K
- Mezzo @ The Light CityRM900K
- Merione ResidencesRM1.42M
- The Light Collection IVRM1.73M
- Vilaris Courtyard HomesRM1.99M
- Lightwater ResidencesRM2.05M
Gelugor — area snapshot
Full area guide →Gelugor is a central island location close to USM and the Light Waterfront. Infrastructure is established, and The Light Waterfront development has lifted profile significantly.
Price range
RM 550K – RM 2.0M
asking prices in area
Active projects
5
selling or under construction
Subsale condos
6
completed projects
Total tracked
12
properties in this area
Total Cost Breakdown
Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 89,000 |
| SPA stamp duty (tiered 1–4%) | RM 20,700 |
| SPA legal fee | RM 10,150 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 20,700 |
| Loan stamp duty (0.5%) | RM 4,005 |
| Loan agreement legal fee | RM 4,005 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 151,560 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates only, based on 2026 Penang state rules — not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
Is The Lighthauz freehold?
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How many units are in The Lighthauz?
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What is the starting price for The Lighthauz?
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Can foreigners buy The Lighthauz?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 890K
The Lighthauz