Gelugor Β· Subsale Market
The Light Collection IV Subsale β Gelugor, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
The Light Collection IV is a completed freehold condominium in Gelugor, Penang, completed in 2017 by IJM Land. It has 98 units. Subsale asking prices currently run about RM722β1144 per sq ft (from roughly RM 1.73M).
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-07-30.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,991β10,500 | RM1.73M | RM722 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a The Light Collection IV subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Gelugor's noise levels, traffic, neighbour mix, and JMC quality are known quantities at The Light Collection IV.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How The Light Collection IV is priced within Gelugor
At roughly RM722 psf, The Light Collection IV sits toward the value end of Gelugor's condo band (RM480β1874 psf). That usually reflects building age, floor level, or distance from the area's prime frontage β worth checking which, because the first two are negotiable and the third is not.
Area gross yield
~5%
Typical for Gelugor condos
Building age
9 years
Completed 2017
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
5 things to check before signing the The Light Collection IV SPA
- 1.Sinking fund health β Confirm the current balance and whether any special assessment is pending in the next 12 months. A thin sinking fund on an ageing building means you inherit the bill.
- 2.Last 3 maintenance billings β Verify payment is up to date and no dues are outstanding from the seller β arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) β Look for recurring complaints, structural concerns, or planned major works. This is the single most revealing document most buyers never ask for.
- 4.Common-area condition β Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning β it is negotiation leverage.
- 5.Management track record β Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.
The Light Collection IV price 2026
What The Light Collection IV trades at on the sub-sale market, last checked 2026-07-30.
| Asking from | RM1.73M β RM9.5M |
| PSF | RM722 β 1144 |
| Built-up | 1,991 β 10,500 sqft |
| Completed | 2017 |
| Units | 98 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
The building is 9 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
A foreign buyer can purchase here β the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3β4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β and if you are near the five-to-six-year line, the date matters more than the price.
The Light Collection IV for sale & for rent
Looking to buy or rent a unit in The Light Collection IV? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
The Light Collection IV key facts
- Developer
- IJM Land
- Area
- Gelugor, Penang
- Type
- mixed
- Tenure
- freehold
- Completed
- 2017
- Total units
- 98
- Asking PSF
- RM722β1144
- Price from
- RM 1.73M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on The Light Collection IV:
View full The Light Collection IV profile βGelugor β area snapshot
Full area guide βGelugor 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 β RM 2.0M
asking prices in area
Active projects
6
selling or under construction
Subsale condos
5
completed projects
Total tracked
12
properties in this area
Other projects in Gelugor
All 11 others we track here, cheapest first β 6 of them still selling.
- Zen6RM550K
- Merione GrandRM693K
- STARK TowerRM700K
- Pearl RegencyRM723K
- Keeperz SuitesRM844K
- Middleton @ Minden HeightsRM861K
- The LighthauzRM890K
- Mezzo @ The Light CityRM900K
- Merione ResidencesRM1.42M
- Vilaris Courtyard HomesRM1.99M
- Lightwater ResidencesRM2.05M
The Light Collection IV subsale β common questions
What is the price of The Light Collection IV?
The Light Collection IV runs RM1,730,000 to RM9,500,000. These are verified sub-sale asking prices, not transacted figures β expect movement between the two. That works out to about RM722β1,144 per square foot. Checked 2026-07-30.
Is The Light Collection IV freehold or leasehold?
The Light Collection IV is freehold. We do not hold the land title class on record β confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at The Light Collection IV?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers. Add a state levy, a flat 8% stamp duty, and 3β4 months for state consent.
When was The Light Collection IV completed?
The Light Collection IV completed in 2017, developed by IJM Land. Units here trade sub-sale.
How big are the units at The Light Collection IV?
Built-ups run 1,991 to 10,500 sq ft. There are 98 units in total.
More on the neighbourhood:
Gelugor area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.