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PENANG PROPERTY INSIGHTS · Areas

The emerging new waterfront: The Light Waterfront masterplan

Location review · 2 October 2026

DIRECT ANSWER

The Light Waterfront corridor combines residential choices with a masterplan context of convention, retail, hospitality and business uses. Compare The Lightwater, Keeperz Suites and The Lighthauz by their actual sites and layouts; a shared waterfront label does not mean identical access or facilities.

What the masterplan actually describes

The official Light City masterplan describes an interconnected mix including Penang Waterfront Convention Centre, The Waterfront Shoppes, hotel and office space and residences. Treat this as broader location context and verify what is operating, under construction or planned at the time of your visit.

Three different residential propositions

The Lightwater offers larger condominium layouts. Keeperz Suites focuses on compact studio / dual-key options. The Lighthauz provides a different 732–1,001 sq ft comparison in the wider waterfront corridor. These are distinct projects with separate approvals and facilities.

What could matter over time

Retail, events and hospitality can add activity to a neighbourhood. Compare noise, visitor traffic, daily groceries, pedestrian routes and building management alongside that potential. Confirm direct connections and walking access for the specific project; do not infer them from the masterplan map.

Relevant projects to explore

Project comparison summary

Choose a project in any row to update its comparison immediately. Swipe sideways to compare all six fields →

Compare Location → Completion → Price → Size → PSF → Buyer Type
ProjectLocationCompletionPriceSizePSFBuyer type / fit
View Lightwater Residences ↗The Light City, GelugorExpected Q1 2029 in the supplied summary; developer disclosure states December 2028From RM 2,055,0001,152–3,186 sq ftConfirm matched unit price and sizeLarger waterfront condominium
View Keeperz Suites ↗Gelugor waterfrontTo be confirmedConfirm current price484–581 sq ftConfirm matched unit price and sizeCompact visitor-oriented suite comparison
View The Lighthauz ↗Gelugor waterfrontExpected Q3 2030Confirm current price732–1,001 sq ftConfirm matched unit price and sizeIsland own-stay layout comparison

Indicative gross / SPA starting figures from PropIn’s project records. PSF is calculated only for the named price-and-layout pair; it is not a quotation for every unit in the size range. Check the selected unit, release, package and current completion target.

Location references · reviewed 2 October 2026

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