| The Light Waterfront | |
| Settlement Type: | Neighbourhood of George Town |
| Pushpin Map: | Malaysia Penang George Town city centre |
| Pushpin Map Caption: | Location within George Town in Penang |
| Coordinates: | 5.3661°N 100.3157°W |
| Subdivision Type: | Country |
| Subdivision Name: |  Malaysia |
| Subdivision Type1: | State |
| Subdivision Type2: | City |
| Subdivision Name2: | George Town |
| Leader Title1: | Local government |
| Leader Name1: | Penang Island City Council |
| Postal Code Type: | Postal code |
| Postal Code: | 11700 |
| Leader Title2: | Mayor of Penang Island |
| Leader Name2: | Rajendran P. Anthony |
| Leader Title3: | Seri Delima State Assemblyman |
| Leader Name3: | Connie Tan Hooi Peng (DAP) |
| Leader Title4: | Bukit Gelugor Member of Parliament |
| Leader Name4: | Ramkarpal Singh (DAP) |
| Timezone: | MST |
| Utc Offset: | +8 |
| Timezone Dst: | Not observed |
The Light Waterfront is a residential neighbourhood within the city of George Town in the Malaysian state of Penang. Situated within the city centre, it encompasses the foreshore north of the Penang Bridge and is bounded by the Tun Dr Lim Chong Eu Expressway to its west. Comprising a mix of residential, commercial and recreational developments, the township is being built through land reclamation by Malaysian conglomerate IJM Corporation.
In 1997, Jelutong Development Sdn Bhd (JDSB), a subsidiary of IJM Corporation, was awarded the Jelutong Expressway project now known as the Tun Dr Lim Chong Eu Expressway.[1] The highway aimed to reduce traffic congestion at Jelutong by providing a major connection between the city centre and the Penang Bridge.[2]
The estimated cost of the expressway project was RM300 million. Due to insufficient funds, the Penang state government decided to compensate the developer with real estate developments that surrounded the expressway, in order to avoid the imposition of toll charges on local motorists. In exchange for the expressway, JDSB received exclusive rights to develop 368acres of adjacent land much of it to be reclaimed from the Penang Strait.The 154acres Light Waterfront encompassed the southernmost land parcel A1, which lies between the Green Lane interchange of the expressway and the Penang Bridge. It was unveiled in 2007 as a development masterplan that drew inspiration from the Sentosa Cove development in Singapore. The Light Waterfront masterplan was split into three phases. The first phase comprised residential developments within 42acres of the southern part of the land reclamation.[3] The second phase known as 'The Light City' covered around 103acres, and included hotels, office towers, an RM80 million art gallery, a retail complex called 'The Waterfront Shoppes' and the Penang Waterfront Convention Centre (PWCC).[4] [5] [6] The PWCC is expected to be one of the largest convention centres in Penang, with a gross floor area of 270000square feet. A seafront park made up the third phase of the masterplan.
The first phase comprising residential components was complete . Following a nationwide quarantine during the COVID-19 pandemic, construction of The Light City only commenced in October 2020.[7] [8] The PWCC and The Waterfront Shoppes complex are expected to be completed by 2025.[9] [10]