The short answer
Lighthauz Phase 2 (also written Lighthauz 2 or LightHauz²) is the second phase of EXSIM's Penang Waterfront City in Gelugor, beside Penang Bridge: a 52-storey freehold tower of 596 units in two wings. EXSIM released the unit mix and gross prices on 9 October 2026: Type A is 700 sq ft from RM859,000, and Types B and C are 947 sq ft from RM1,240,900, up to RM1,417,200, with a RM1,000 per-floor premium. A completion date has not been announced.
Phase 2 now has real numbers. The unit mix, the gross price ranges and the floor plans are out, so the question has moved from “what is it?” to “which unit, on which floor, at what price?”. Here is what the price list shows, what is still unconfirmed, and what to check before you book.
Lighthauz Phase 2 at a glance
- Developer: EXSIM, in collaboration with Majestic Gen, the same partnership behind the neighbouring The Lighthauz
- Location: Penang Waterfront City, Gelugor, George Town, Penang — beside Penang Bridge
- Tenure: freehold
- Size of the project: 596 units, 52 storeys, two wings on one podium
- Unit sizes: 700 sq ft (1+1 bedrooms) and 947 sq ft (2+1 bedrooms), all with 2 bathrooms
- Gross price: RM859,000 to RM1,417,200, plus a RM1,000 per-floor premium
- Completion: not yet announced
- Transit: a proposed Penang Waterfront LRT station on the Mutiara LRT Line is planned nearby (not yet operational)
The full fact sheet, floor plans and gallery are on the Lighthauz Phase 2 project page.
What the price list shows
| Type | Layout | Size | Units | Gross price | RM psf (gross) |
|---|---|---|---|---|---|
| Type A | 1+1 bedrooms, 2 bathrooms | 700 sq ft | 275 | RM859,000 – RM1,032,300 | 1,227 – 1,475 |
| Type B | 2+1 bedrooms, 2 bathrooms | 947 sq ft | 200 | RM1,240,900 – RM1,417,200 | 1,310 – 1,497 |
| Type C | 2+1 bedrooms, 2 bathrooms | 947 sq ft | 121 | RM1,243,900 – RM1,417,200 | 1,314 – 1,497 |
Source: EXSIM's price list released on 9 October 2026; price per sq ft is our calculation. Prices are gross only. The RM1,000 per-floor premium means the exact price depends on the floor, which is why the ranges are wide. Select stacks have a tandem car park. For the lowest-priced unit (RM859,000), a 90% loan over 35 years at 4% a year is roughly RM3,420 a month; use our calculator for your own numbers.
Balcony or non-balcony, and which way it faces
Each type comes in two versions: A1, B1 and C1 have a balcony, and A2, B2 and C2 do not. Units face northwest, towards George Town, Bukit Dumbar and Jelutong, or southeast, towards Penang Bridge and the Penang mainland. The Level 9 and typical floor plans on the project page show where each stack sits, so ask which stack numbers have the view you want, and whether the balcony version costs more, before you pick a unit.
What's confirmed and what isn't
Confirmed, from the developer's released material: the 596-unit mix by type, the 52 storeys, freehold tenure, the gross price range for each type, the RM1,000 floor premium, the floor plans and the facilities (a Level 9 podium and sky facilities on Levels 51 and 52). Not yet announced: the completion date. Not shown on the public material: the price of an individual unit on a given floor, and the maintenance fee. Treat any figure that is not on EXSIM's list as an estimate, and ask for the unit-by-floor list before you decide.
Phase 2, Phase 1 or Keeperz Suites?
- Lighthauz Phase 2 — 596 units, 700 and 947 sq ft, from RM859,000, completion not yet announced.
- The Lighthauz (Phase 1) — 671 units, 732 to 1,001 sq ft, from RM890,435, completing around September 2030, open for booking.
- Keeperz Suites — 493 dual-key units, 484 and 581 sq ft, from RM820,100, open for booking.
The three-way comparison sets sizes, prices and who each suits side by side.
Who it suits, and who it may not
- Buyers who want a new freehold seaview unit on Penang Island in a mid-size layout (700 or 947 sq ft), with a pool and lounge on the sky floors.
- Buyers already comparing The Lighthauz next door — Phase 2 gives a smaller 700 sq ft entry layout and a 947 sq ft two-bedroom-plus-one option, in a 52-storey tower with sky facilities.
- It may not suit buyers who need a confirmed completion date today, want the lowest entry price in the precinct (Keeperz Suites starts from RM820,100) or need the largest family layout (Phase 1 goes up to 1,001 sq ft).
Questions to ask before you book
- Which units are still available, and what is the gross price of the exact unit and floor I want, including the floor premium?
- Which stack numbers face northwest and which face southeast, and does a balcony change the price?
- What is the expected completion date, and what is the progress billing schedule?
- What is the estimated maintenance fee and sinking fund?
- What are the title and tenure details in writing, and are there any foreign-buyer conditions for my unit?
If you're also weighing tenure more broadly, see our guide to freehold vs leasehold in Malaysia, and if you're budgeting the upfront cash, see how much you need to put down on a new launch.
Get the current price list
We can send you EXSIM's gross price list by unit and floor, the floor plan for your type and the units still available — free, with no obligation.
WhatsApp for the price list See the full landing page
Frequently asked questions
Has the price list for Lighthauz Phase 2 been released?
Yes. EXSIM released the unit mix and gross price range on 9 October 2026: Type A RM859,000 to RM1,032,300, Type B RM1,240,900 to RM1,417,200 and Type C RM1,243,900 to RM1,417,200. A completion date has not been announced. Prices are gross, so ask us for the current list by unit and floor and for the units still available.
How much does Lighthauz Phase 2 cost?
Gross prices run from RM859,000 for the 700 sq ft Type A (about RM1,227 to RM1,475 per sq ft) to RM1,417,200 for the 947 sq ft Types B and C (about RM1,310 to RM1,497 per sq ft). A floor premium of RM1,000 per floor applies, so a higher floor costs more than the same type lower down.
Which way do the units face?
Units face northwest or southeast. The northwest side looks towards George Town, Bukit Dumbar and Jelutong; the southeast side looks towards Penang Bridge and the Penang mainland. Ask which stack numbers face which side before you choose a unit, because the view depends on the stack and the floor.
What is the difference between Lighthauz Phase 2 and The Lighthauz?
The Lighthauz (Phase 1) is a single 671-unit tower with 732 to 1,001 sq ft units, from RM890,435 and completing around September 2030. Lighthauz Phase 2 is a 52-storey, 596-unit tower in two wings with 700 and 947 sq ft units from RM859,000, and its completion date has not been announced. Both are freehold, in the same Penang Waterfront City precinct.
Is Lighthauz Phase 2 freehold?
Yes. Lighthauz Phase 2 is freehold, like The Lighthauz and Keeperz Suites next to it. Ask for the title details in writing as part of the booking.
What are balcony and non-balcony units?
Each type comes in two versions: A1, B1 and C1 have a balcony, and A2, B2 and C2 do not. The size is the same within a type, so check which stacks have a balcony and how the gross price differs before you choose.
Does Lighthauz Phase 2 go by any other name?
Some listing sites and sellers also refer to Lighthauz Phase 2 as Capehauz. Project names can change before an official launch, so confirm the current name and status with EXSIM or a licensed agent.