Gelugor · Subsale Market
The Light Collection II Subsale — Gelugor, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
The Light Collection II is a completed freehold condominium in Gelugor, Penang, completed in 2014 by IJM Land (Jelutong Development Sdn Bhd). It has 297 units. Subsale asking prices start from roughly RM 1.45M.
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-05.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 517–3,617 | RM1.45M | ~RM2,805 |
Zac’s Take
Zac Ong
The Light Collection II is the second phase of The Light Waterfront, completed by IJM in 2014: 297 freehold homes in five 7-storey blocks on about 9 acres, with 24 layouts from about 517 sq ft to 3,617 sq ft.
In 2026, 1,367 sq ft three-bedrooms were listed around RM1.45M to RM1.48M, 2,280 sq ft homes around RM2.25M, and a garden unit at about RM3.5M. Three-bedrooms of about 1,700 sq ft rent for roughly RM4,500 to RM5,000 a month.
Like Collection I, it's low-rise and settled. The wide range of layouts means you can find a compact unit or a big family home in the same estate, but views vary a lot, so check which way the exact unit faces.
Reviews and comparisons
- The Light Collection II Review 2026 — The Biggest of IJM's Low-Rise Seafront Phases
- The Light Collection III Review 2026 — Big Seafront Homes at The Light Waterfront
- The Light Collection I Review 2026 — The First Homes at The Light Waterfront, 14 Years On
- The Light Linear Review 2026 — The Most Affordable Way Into The Light Waterfront
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a The Light Collection II subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Gelugor's noise levels, traffic, neighbour mix, and JMC quality are known quantities at The Light Collection II.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How The Light Collection II is priced within Gelugor
At roughly RM2805 psf, The Light Collection II prices toward the upper end of Gelugor's condo band (RM630–1750 psf). Expect to justify that with something concrete: sea view, low density, branded management, or a genuinely superior position within the area.
Building age
12 years
Completed 2014
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
What to inspect before you commit at The Light Collection II
- 1.Internal pipes and electrical — For buildings past the ten-year mark, ask for a recent plumbing inspection. Full repiping is a five-figure cost you do not want to discover after VP.
- 2.Waterproofing and ceiling stains — Check bathroom floors, balcony thresholds and the ceiling directly under any upstairs wet area. Old stains that were painted over will reappear.
- 3.Lift modernisation status — Lifts have a service life. Ask whether modernisation has been done or is being planned — it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout — Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation — Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
The Light Collection II price 2026
What The Light Collection II trades at on the sub-sale market, last checked 2026-10-05.
| Asking from | RM1.45M – RM3.5M |
| Built-up | 517 – 3,617 sqft |
| Completed | 2014 |
| Units | 297 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. 2026 listings: 1,367 sq ft three-bedrooms around RM1.45–1.48M, 2,280 sq ft homes around RM2.25M and a 2,281 sq ft garden unit at about RM3.5M. Five 7-storey blocks on about 9 acres, 24 layouts from 517 to 3,617 sq ft.
The building is 12 years old. Old enough that the sinking fund and the state of common property matter more than the finishes. Ask for the MC accounts and the last AGM minutes — arrears across the building are the number that predicts your future maintenance bill.
A foreign buyer can purchase here — the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
The Light Collection II for sale & for rent
Asking rents at The Light Collection II ran from about RM4,500–5,000 a month in September–October 2026, for three-bedroom homes of about 1,700 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
The Light Collection II key facts
- Developer
- IJM Land (Jelutong Development Sdn Bhd)
- Area
- Gelugor, Penang
- Type
- condominium
- Tenure
- freehold · residential
- Completed
- 2014
- Total units
- 297
- Price from
- RM 1.45M
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 565K – RM 2.0M
asking prices in area
Active projects
6
selling or under construction
Subsale condos
10
completed projects
Total tracked
17
properties in this area
Other projects in Gelugor
All 16 others we track here, cheapest first — 6 of them still selling.
- Zen6RM565K
- Merione GrandRM693K
- STARK TowerRM700K
- Pearl RegencyRM790K
- Keeperz SuitesRM844K
- The Light LinearRM850K
- The LighthauzRM890K
- Mezzo @ The Light CityRM1M
- Middleton @ Minden HeightsRM1.08M
- The Light Collection IRM1.3M
- Merione ResidencesRM1.58M
- The Light Collection IVRM1.73M
- The Light PointRM1.8M
- Vilaris Courtyard HomesRM1.86M
- The Light Collection IIIRM1.9M
- Lightwater ResidencesRM2.05M
The Light Collection II subsale — common questions
What is the price of The Light Collection II?
2026 listings: 1,367 sq ft three-bedrooms around RM1.45–1.48M, 2,280 sq ft homes around RM2.25M and a 2,281 sq ft garden unit at about RM3.5M. Five 7-storey blocks on about 9 acres, 24 layouts from 517 to 3,617 sq ft.
Is The Light Collection II freehold or leasehold?
The Light Collection II is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at The Light Collection II?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
How much is the rent at The Light Collection II?
Asking rents ran from RM4,500 to RM5,000 a month in September–October 2026, for three-bedroom homes of about 1,700 sq ft. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was The Light Collection II completed?
The Light Collection II was completed in 2014 by IJM Land (Jelutong Development Sdn Bhd), so homes here are bought from existing owners.
How big are the homes at The Light Collection II?
Homes range from about 517 to 3,617 sq ft. There are 297 homes in total.
More on the neighbourhood:
Gelugor area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.