Mezzo @ The Light City For Rent | Gelugor Penang | 1,033 sqft | RM4,000 | Propmula
For Rent · Waterfront Condominium

Mezzo @ The Light City 1,033 sqft For Rent in Gelugor, Penang

A 1,033 sqft waterfront condominium at Mezzo @ The Light City with 2 bedrooms, 3 bathrooms and 2 covered side-by-side car parks. Reference rental: RM4,000/month, negotiable.

Asking RentRM 4,000 / mo
≈ RM 3.87 psf / month
Built-Up1,033 sqft
Freehold · Residential Title
Layout2 Bed · 3 Bath
2 Side-by-Side Car Parks

Market evidence checked: · Page updated:

Mezzo at The Light City 1,033 sqft condominium in Gelugor
High-rise property facts

Property & Unit Snapshot

The reference unit is a completed rental residence at Mezzo @ The Light City in Gelugor. The supplied listing states 1,033 sqft, 2 bedrooms, 3 bathrooms, 2 covered side-by-side car parks and a well-planned layout. Current project references identify Mezzo as a freehold residential-title condominium completed in 2025 by IJM Perennial Development Sdn Bhd, with 456 units across two 34-storey towers.

Property Type
Condominium
Status
Completed / Rental
Project
Mezzo @ The Light City
Tenure
Freehold
Title
Residential · Strata
Built-Up
1,033 sqft
Bedrooms
2
Bathrooms
3
Car Parks
2 covered · side-by-side
Furnishing
Photos show a furnished unit · exact inventory to confirm
Completion Year
2025
Developer
IJM Perennial Development Sdn Bhd
Project Scale
2 towers · 34 storeys · 456 units
Maintenance Reference
≈ RM0.30 psf · ≈ RM310/month project reference
Property media

Photo Gallery

Six property images are embedded directly from Propmula. Click any photo to enlarge it.

Current availability

Current Asking & Listing Status

This page uses RM4,000/month, negotiable, as the reference rental for the photographed 1,033 sqft unit. Exact furnishing inventory, floor, view, lease term, deposit structure, internet package, move-in date and utility arrangements should be reconfirmed before signing the tenancy agreement.

For Rent
RM 4,000 / month
≈ RM 3.87 psf / month

Reference profile: 1,033 sqft · 2 bedrooms · 3 bathrooms · 2 covered side-by-side car parks.

Best-fit tenant

Professionals / Couple / Small Family

The strongest fit is for professionals, couples, expatriates and small families who want a newly completed waterfront address with quick road access to George Town, Bayan Lepas and Penang Bridge, while accepting that the retail component of The Light City is still in its final pre-opening stage.

Dated market evidence

Current Market Snapshot

The latest rental evidence shows RM4,000/month at the lower end of visible 1,033 sqft Mezzo asking rents. Recent September and August 2026 listings for the same size are mostly around RM4,000–RM4,800/month, depending on furnishing, floor and view.

Current Rental Asking Evidence
  • Subject asking rentRM4,000 / month
  • Subject rental rate≈ RM3.87 psf / month
  • Recent visible 1,033 sqft asking range≈ RM4,000 – RM4,800 / month
  • Examples reviewedRM4.0k · RM4.2k · RM4.5k · RM4.8k

The subject sits at the lower end of the current visible range. Exact sea / city view, floor, renovation, furnishing quality and lease package can justify meaningful rent differences.

Sale Market Context
  • Recent 1,033 sqft asking examples reviewed≈ RM1.17M – RM1.52M
  • Observed asking PSF band≈ RM1,133 – RM1,471 psf
  • Project-wide Sep 2026 subsale commentary≈ RM1.0M – RM1.5M
  • Public registered transaction dataLimited / locality-index pages vary

For investment analysis, sale asking evidence is more useful here than forcing a single public transaction median because current public transaction pages show small and inconsistent locality-grouped samples.

Indicative Landlord Yield Context
  • RM4,000 annualised rentRM48,000 / year
  • On RM1.17M acquisition price≈ 4.10% gross
  • On RM1.52M acquisition price≈ 3.16% gross
  • Maintenance reference≈ RM310 / month before sinking fund

This is only a gross asking-yield illustration. Actual return depends on purchase price, maintenance, sinking fund, vacancy, furnishing replacement, agent fees, financing and taxes.

Market interpretation

How to read RM4,000/month

RM4,000/month is not an aggressive asking rent for a 1,033 sqft Mezzo unit based on current visible listings. The practical comparison should focus on furnished condition, floor, view, exact bathroom configuration, car-park position and whether utilities, internet or maintenance-related items are included in the tenancy package.

Tenant planning

Estimated Tenant Move-In Cost & Rent Planning

Monthly housing cost

Reference Monthly Rent

RM 4,000 / month
  • Asking rentRM4,000 / month
  • Rental rate≈ RM3.87 psf / month
  • NegotiabilityNegotiable
  • MaintenanceConfirm landlord / tenant responsibility
  • Utilities / internetConfirm what is included
The listing states RM4,000/month negotiable. The final tenancy package can differ depending on lease term, furnishings, utilities, internet and move-in date.
Illustrative move-in cash

Common 1 + 2 + 0.5 Month Structure

RM 14,000
  • 1 month advance rentalRM4,000
  • 2 months security depositRM8,000
  • 0.5 month utility depositRM2,000
  • Agreement / stamping / adminNot included
This RM14,000 figure is an illustration of a common Malaysian rental structure, not a confirmed term for this unit. Follow the landlord's actual Letter of Offer and tenancy agreement.
Named POI evidence · driving time only

Life Efficiency & Nearby Essentials

All travel times below are approximate driving times from the supplied Mezzo location — not walking times. They are based on published nearby distances and normal / off-peak road conditions; actual times can vary materially during peak-hour traffic or roadworks.

CategoryPlace / FacilityDriving TimeAssessment
KindergartenKidiland Montessori, Gelugor~5–7 min driveEarly-learning option within the Gelugor catchment.
Primary SchoolSJK (T) Subramaniya Barathee~4–6 min drivePrimary education is within a short drive of the waterfront precinct.
Secondary SchoolSMK Hamid Khan~5–7 min driveEstablished secondary-school access within the Jelutong / Island Glades area.
University / CollegeUniversiti Sains Malaysia (USM)~8–10 min driveMajor public university approximately 3.7–5 km from the project depending on route reference.
Mall / SupermarketLotus's E-Gate~8–10 min driveCurrent practical grocery option; The Waterfront Shoppes is scheduled to soft-open on 29 Oct 2026.
Market / RestaurantJelutong Market~10–12 min driveEstablished wet market and food catchment for everyday local dining.
Petrol StationCaltex G-Gate~7–9 min driveFuel access is available via the Gelugor / Jelutong road network.
Public TransportThe Light bus-stop catchment~2–3 min driveLocal bus access is nearby; the future Mutiara LRT interchange is planned but is not yet operational.
Hospital / ClinicLam Wah Ee Hospital~12–15 min driveEstablished private hospital around 8 km away by published project references.
BankMaybank, Taman Tun Sardon / Gelugor~6–8 min driveEveryday banking is available within the wider Gelugor catchment.
Tenant / own-stay suitability

Livability Analysis

Using the same five fixed Propmula dimensions as the Taman Desa Impian reference page, Mezzo performs strongest for security, comfort and central east-coast connectivity. Indicative total: 42/50.

Safety
Managed condominium access, 24-hour security references, smart lockers and facial / car-plate recognition support a strong managed-living environment.
9/10
Convenience
USM, Lotus's E-Gate, Queensbay, hospitals and major road links are within practical driving range. The immediate precinct convenience will improve further after The Waterfront Shoppes begins opening.
8/10
Comfortability
The 1,033 sqft layout gives a relatively generous 2-bedroom format, 3 bathrooms and 2 side-by-side covered car parks, with resort-style condominium facilities.
9/10
Long-Term Fit
Freehold residential title, new 2025 completion and integrated waterfront positioning support long-term usefulness for professionals, couples and small families.
8/10
Life Efficiency
Major daily destinations are generally within about 2–15 minutes by car under normal conditions, with direct access to the Tun Dr Lim Chong Eu Expressway corridor.
8/10
Ownership & investment

Investment Analysis

Using the same fixed Propmula framework as the Taman Desa Impian reference page, Mezzo's indicative investment dimensions total 36/50. This analysis is market-level context because the photographed unit is currently offered for rent, not for sale.

Supply / Demand
There is substantial active rental inventory, but demand is supported by the new-build waterfront setting, professionals, expatriates, nearby employment corridors and The Light City ecosystem.
8/10
Cash Flow
RM4,000/month against recent 1,033 sqft sale asks around RM1.17m–RM1.52m implies roughly 3.16%–4.10% gross asking yield before all ownership costs.
6/10
Appreciation
Freehold residential title, brand-new completion, waterfront positioning, PWCC and the incoming retail component support the long-term location story, while actual capital growth remains market-dependent.
8/10
Entry Cost
Recent 1,033 sqft asking examples around RM1.17m–RM1.52m imply a relatively high absolute acquisition cost for investors, even before legal fees and furnishing / holding costs.
5/10
Product USP
A new freehold residential-title waterfront condominium inside The Light City, with two side-by-side car parks and direct proximity to PWCC and the upcoming Waterfront Shoppes, creates a differentiated tenant proposition.
9/10
Answer-ready summary

Mezzo @ The Light City Decision Summary

What This Listing Is

A completed 2025 rental unit at Mezzo @ The Light City with 1,033 sqft, 2 bedrooms, 3 bathrooms and 2 covered side-by-side car parks at RM4,000/month negotiable.

Current Market Position

The rent is about RM3.87 psf/month and sits at the lower end of recent visible 1,033 sqft asking rents of roughly RM4,000–RM4,800/month.

Strengths & Trade-offs

Strengths are new-build condition, freehold residential-title positioning, waterfront environment, two side-by-side car parks, strong security and central expressway connectivity. Trade-offs are active competing rental supply and a precinct that is still transitioning as The Waterfront Shoppes prepares for its 29 Oct 2026 soft opening.

Best-Fit Tenant

Best suited to professionals, couples, expatriates and small families who value a central waterfront address, modern facilities and fast road access to both George Town and Bayan Lepas.

Frequently asked questions

FAQ

Where is Mezzo @ The Light City located?

Mezzo is along Jalan Pantai Sinaran in Gelugor, Penang. This page uses the supplied coordinates 5.367876039312503, 100.31646870867972.

What are the stated size and layout of this unit?

The reference unit is 1,033 sqft with 2 bedrooms, 3 bathrooms and 2 covered side-by-side car parks.

What is the current asking rent?

The reference asking is RM4,000/month, negotiable, equivalent to approximately RM3.87 psf per month.

How does RM4,000 compare with current asking rents?

Recent 1,033 sqft Mezzo asking examples reviewed are roughly RM4,000–RM4,800/month. The subject therefore sits at the lower end of the visible asking range.

Is Mezzo freehold and residential titled?

Yes. Current project references identify Mezzo as a freehold residential-title condominium.

What is the project maintenance reference?

Public project references commonly quote around RM0.30 psf, approximately RM310/month for 1,033 sqft. A tenant should confirm whether any maintenance-related charges are borne by the landlord under the tenancy agreement.

Who is the developer and when was Mezzo completed?

Mezzo was developed by IJM Perennial Development Sdn Bhd. It has 456 units across two 34-storey towers and was completed in 2025.

Is The Waterfront Shoppes already open?

Not yet as of 27 September 2026. It is scheduled to soft-open on 29 October 2026, so the immediate retail environment is still in transition.

Are the Life Efficiency times walking times?

No. Every Life Efficiency time shown on this page is an approximate driving time from the supplied property location, not a walking time.

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