1 Commercial Property for Sale at Lightwater Residences

Lightwater Residences is a premier freehold condominium set to redefine luxury living on the eastern coastline of Penang. Developed by IJM Perennial Development Sdn. Bhd., a joint venture between IJM Corp Bhd and Singapore's Perennial Holdings, this project is a landmark residential component of the ambitious 152-acre The Light Waterfront Penang masterplan. Located in the vibrant, integrated precinct of The Light City, this development promises a harmonious blend of urban sophistication and natural seaside tranquility, with an expected completion in 2028. As the second and final residential offering in The Light City, Lightwater Residences epitomizes low-density, exclusive living. The project comprises two 34-storey towers housing a total of just 262 units. The residence offers a range of spacious layouts, with built-up areas from 1,152 to 3,466 sq ft, catering to diverse lifestyle needs. Every unit is designed for utmost privacy and luxury, featuring a private lift lobby and floor-to-ceiling windows that maximize natural light and offer spectacular, uninterrupted sea views. In line with modern sustainability standards, the development has achieved a GreenRE Gold rating and incorporates eco-friendly features like a rainwater harvesting system. Lightwater Residences offers a comprehensive suite of wellness and leisure facilities spread across two dedicated floors. These amenities are designed to provide a holistic and luxurious living experience. Residents can enjoy a sea-front infinity swimming pool, aqua gym, modern gymnasium, yoga pavilion, sauna, and a fitness station. The 25th-floor sky terrace features a sky lounge, private dining area, whisky lounge, and cigar lounge, perfect for social gatherings. Additional facilities include an al fresco barbecue area, games room, and reading room. The development includes a children's playground and wading pool. Lightwater Residences boasts a strategic location within the self-contained The Light City, offering seamless access to a host of world-class amenities and excellent connectivity. Direct access to The Waterfront Shoppes, a premier lifestyle mall with a gross floor area of over 1.5 million sq ft, offering high-end retail and diverse F&B options. Adjacent to the Penang Waterfront Convention Centre (PWCC), two international hotels (JdV by Hyatt and Galaxy Minyoun), and modern office towers. A 750m-long waterfront promenade provides a scenic space for recreation. Superb connectivity via the Tun Dr Lim Chong Eu Expressway, providing easy access to George Town and the Bayan Lepas Free Industrial Zone. The Penang Bridge is less than a 3-minute drive away. The development will feature a direct link to an upcoming LRT Mutiara Line station, enhancing public transport options. The Penang International Airport is a short drive away. A short drive from the renowned University of Science Malaysia (USM), located just 3.7km away. Lightwater Residences is a landmark project by IJM Perennial Development Sdn. Bhd., a collaboration between IJM Land, one of Malaysia's most reputable developers, and Perennial Holdings of Singapore. This development reinforces IJM's leadership in luxury real estate, creating a legacy of refinement and an exclusive living experience.