The Light City, a large-scale integrated mixed-use waterfront development in Gelugor, Penang. This is a joint venture development between IJM Corp Bhd and Perennial Real Estates Holdings Ltd.
Positioned as Penang’s premier integrated waterfront precinct, The Light City will have a total gross development value of over RM4.5 billion, said IJM Perennial Development in a statement.
The Light City will have a total gross floor area of about 4.1 million sq ft, comprising a retail mall, Penang’s largest convention centre to be called Penang Waterfront Convention Centre, two hotels to be operated by renowned hotel brands, a 28-storey office tower, and two premium residential projects named The Mezzo and The Essence.
The luxury hotels will be housed in a 37-storey tower, consisting a total of 745 rooms. The Mezzo will have two 34-storey residential towers with 456 homes and The Essence will house 315 units of homes over two 37-storey residential towers.
According to IJM Perennial Development, The Light City is designed as a ‘Smart City’ and will be equipped with fibre optics and Wi-Fi infrastructure, providing shoppers, Meetings, Incentives, Conventions and Exhibitions (MICE) delegates, hotel guests, office tenants, and residents with endless access to new digital solutions and online connectivity.
Construction at the 32.76-acre freehold site is expected to commence soon and the project is slated for completion by 2021.
Property Project : The Light City
Location : Gelugor, Penang
Property Type : Integrated development
Total Units : (to be confirmed)
Indicative Price : (to be confirmed)
Developer : IJM Perennial Development
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Nothing wow factor on the phase-2 façade
Can’t they design something that WOW the public? Some iconic or signature looking tower, rather than this bored looking condo / hotel / office squarish tower again.
Their Maritime condo tower at Karpal Singh drive was a good try though..
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@Lam
Cannot lah, later too expensive, penang no market.
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Haha… IJM oredi screwed on The Light Collection 3 & 4, so many un-sold units… all big big size units and super high maintenance fee ( over rm500+ ).
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don’t buy la, yesterday news nearly 1 girl got raped and robbed by bangla. so dangerous that area.
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how about a new casino? maybe more attractive
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@obak
There’s no need to build a casino in Penang, Penang itself is already one big pyramid scam casino. And you already have one big casino retail outlet at Penang Times Square. *sigh*. gloomy skies above. A storm is brewing.
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Ya man money games are everywhere and you are guaranteed of the return. casino no guarantee wor hahaha
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hihihihi
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JJPTR is the best! Go go go!!!
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I just wonder since those so-called investors of 老鼠会 are “fully” aware of the risk and thus, they must have some sort of selfish, scammer-alike mindset 同属感 right ? Someone must die for their greed too ?
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this is call challenge the economy. touch wood
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@JJPTR
@i.like.it
MBI is better than JJPTR, today so many buses park around SPICE.
Maybe The Light City can be more attractive when it is linked to MBI?
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