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2 Images
Condominium

3 Bedroom Freehold
Property Address
Unit No. 1B1-07-05, The Light Collection 1, Jalan Pantai Sinaran, 11700 Gelugor, Penang
Built Up
Approx. 1,528 sq.ft
Reserve Price
RM 1,300,000.00 (Approx. RM 850 per sq.ft)
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Deposit
10% of Reserve Price (Auction Deposit, if made via online transfer, must be deposited directly into our company's bidder deposit account only. We have not authorised any 3rd party to receive the same on our behalf.)
Auction Details

Plaintiff / Assignee
HSBC Bank Malaysia Berhad
Defendant / Assignor
Auction Date & Time
25th September 2025, Thursday, 2:30 PM
(Counter Registration closed at 2:15 PM)
Auction Venue
Ng Chan Mau Auction Room
No. 7, Ground Level, Block B, Megan Avenue II, No. 12, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
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Why buy The Light Collection I, The Light

The Light Collection I is a Freehold mix development consist of Luxury Condominium and Water Villas, located at 11700 Gelugor, Penang. It is developed by IJM Landand was completed in 2012.

The Light Collection I, the first project among The Light Collection series offering low rise condominium and water villas. The Light Collection I comprises 4 low rise condominium blocks with a total of 152 condominiums and 24 water villas. Each condominium has a built-up area ranging from 1,367 to 1,582 sq.ft. and the 4-storey water villas has a built-up area of 3,132 sq.ft.

The Light Collection I is near to amenities such as shopping mall (Tesco Penang and E-gate), colleges (Universiti Sains Malaysia and Maktab Perguruan Persekutuan Pulau Pinang), and schools (Sungai Gelugor National School, Minden Height National School, Bukit Gelugor National School, Datuk Hj. Mohd Nor Ahmad Secondary School).

This residential property is accessible via Lebuhraya Tun Dr. Lim Chong Eu. It is also just a short distance from the Penang Bridge.

Quick Facts
Name: The Light Collection I
Tenure: Freehold
Type: Luxury Condominium, Water Villas
Address: 11700 Gelugor, Penang
Developer: IJM Land
Year Of Completion: 2012

Condominium
No. of Blocks: 4
No. of Storey: 4
Total Units: 152
Built-Up size: 1,367 – 1,582 sq.ft.

Water Villas
No. of Storey: 4
Total Units: 24
Built-Up size: 3,132 sq.ft.
Loan Calculator

Down Payment
10%

RM 4,903.53
per month
RM
RM
%
Years
Loan Margin 90% 80% 70%
Loan Term 35 Years 35 Years 35 Years
Interest Rate 3.6% 3.6% 3.6%
Down Payment 10% 20% 30%
Loan Amount RM 1,170,000.00 RM 1,040,000.00 RM 910,000.00
Estimated Monthly Installment RM 4,903.53 RM 4,358.70 RM 3,813.86
Note
  • For intending bidders, please call our hotline for latest auction status as auction may be withdrawn / called off at last minute.
  • Intending bidders are advised to obtain a copy of the Proclamation of Sale before participating the auction.
  • The photographs shown herein are solely for general identification and information. 
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03-2162 3333 (ext. 1023 / 1038 / 2008)
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