YOUR OWN HOME
The Lighthauz
Space for your family and everyday life.
2–3 rooms · 732 / 1,001 sq ft
What matters when you live here PENANG WATERFRONT · GELUGOR
The Lighthauz vs Keeperz Suites
A home to live in,
or a short-stay investment?
For your own home, start with The Lighthauz.
For short-stay rental investment, start with Keeperz.
Same waterfront area. Different priorities.
SHORT-STAY INVESTMENT
Keeperz Suites
For short-stay rental, assess income and running costs.
Studio / Dual key · 484 / 581 sq ft
What matters for short-stay rental 01 / START WITH YOUR PURPOSE
One waterfront area.
Two reasons to buy.
Decide how you want to use the property before comparing individual units.
What to compare
The Lighthauz Your own home
Keeperz Suites Short-stay investment
Main purpose
The LighthauzA home for your everyday life
Keeperz SuitesA rental property for short-stay guests
Layout options
The LighthauzTwo or three rooms, chosen around your household
Keeperz SuitesStudio or dual key, chosen around your guests and rental approach
Unit sizes
The Lighthauz732 / 1,001 sq ft
Keeperz Suites484 / 581 sq ft
How the space works
The LighthauzSleeping, dining, working and spending time with family
Keeperz SuitesGuest comfort, short visits and turnover between bookings
After you buy
The LighthauzComfort, practical daily routines and affordable ongoing costs
Keeperz SuitesGuest demand, operating costs, management and net rental income
Own stay and short-stay investment are the main comparison here. Any intended use remains subject to applicable rules and management arrangements.
02 / MATCH THE PROPERTY TO YOUR PLANS
How do you want to use it?
Planning to live in Penang?
Start with The Lighthauz.
Whether you are moving with family or keeping a home for longer stays, think about how the space will work day to day.
- Do you have enough room?Consider children, visiting family and anyone who works from home.
- Does the layout fit your routines?Check dining space, storage, laundry and parking against the way you live.
- Will everyday trips be practical?Compare the actual routes to work, school, groceries and healthcare.
A floor plan makes more sense when you picture your own daily life in it.
Buying for short-stay income?
Start with Keeperz.
Think about who will book the space, how it will be managed and how much income remains after expenses.
- Who are your likely guests?Business travellers, event visitors and holidaymakers have different needs.
- How will you manage it?Compare running it yourself with a professional management arrangement, including fees and responsibilities.
- Can the income cover the costs?Allow for vacancies, cleaning, repairs, management and loan repayments.
Understand the net income before deciding whether the investment suits you.
03 / LOOK BEYOND THE SIZE
What will each room
actually be used for?
Select a floor plan to enlarge it. Furniture is illustrative; confirm what is included with your unit.
YOUR OWN HOME
The Lighthauz
Choose around the number of people living here and what each room needs to do.
732 sq ft 2 rooms · 2 bathrooms
A size to consider for a couple or small household. The second room is labelled Study on the plan. If you intend to use it as a bedroom, check its dimensions, daylight and furniture fit.
1,001 sq ft 3 rooms · 2 bathrooms
If you need three separate rooms, start here. Then check the living and dining areas, storage and usable space in each room.
1,001 sq ft 3 rooms · 2 bathrooms
A corner layout with a different position from Type B. One room is labelled Study. Compare room uses, facing, floor level and balcony configuration.
The plans above show balcony versions. Other balcony configurations are available; confirm the exact plan for your chosen unit. Two parking bays are listed per unit; check their location and allocation.
SHORT-STAY INVESTMENT
Keeperz Suites
A studio accommodates one guest group. Dual key gives you more flexibility to rent the spaces separately or together.
484 sq ft Studio
A starting point for solo guests or couples on a short visit. Check the sleeping and living areas, space for simple meal preparation and luggage storage.
581 sq ft Dual-key layout
One unit with a shared entrance foyer leading to two separately lockable accommodation spaces. You can host two different guest groups at the same time or rent the whole unit together.
DUAL KEY
One unit. Two ways to rent it.
Rent the two spaces separately or as a whole unit, depending on guest numbers and bookings. This gives you more options for pricing and filling the space.
Separate stays for two guest groups.
Each space can have its own guests, booking dates and rate, suited to its size and the guest’s needs.
A whole-unit stay for family or friends.
Guests travelling together can book both spaces, with room to spend time together and rest separately.
More opportunities to earn rental income.
Two rentable spaces give you another way to attract bookings. If one is vacant, the other may still earn income.
Rental options depend on the management arrangement. To assess net earnings, account for occupancy, cleaning between stays, management fees and maintenance.
04 / THE SAME AREA, DIFFERENT PRIORITIES
What does the location
need to do for you?
Both projects are in Penang Waterfront. You can research the area together, then assess the location against how you plan to use the property.
For your home: check everyday journeys.
Try the routes to work, school, groceries and healthcare. A practical journey matters more than a short distance on the map.
For rental: understand why guests would stay.
PWCC events, business trips and tourism are possible sources of demand to research. Actual bookings also depend on your rates, service and competing accommodation.
05 / PLAN FOR THE COSTS AFTER PURCHASE
For your home, check affordability.
For rental, check what you keep.
Assess the purchase price, fit-out, financing and management arrangements together.
Can you comfortably afford to live here?
Beyond the purchase price, budget for renovation and furniture, loan repayments, management fees, sinking fund contributions, taxes, insurance and upkeep.
If you only visit a few times a year, include the fixed costs you will pay while the home is empty.
KNOW YOUR NUMBERSHow much you need upfront,
and what you will pay each month.
and what you will pay each month.
What remains after the expenses?
Deduct booking platform fees, cleaning, management, utilities, wear and repairs from rental revenue. Then account for the property’s fixed costs and loan repayments.
Compare peak periods, quieter months and vacancies. Check whether you can cover the bills when bookings fall.
KNOW YOUR NUMBERSYour net rental income,
and any shortfall you need to fund.
and any shortfall you need to fund.
Considering a manager? Ask these four questions.
01 How is income shared?
What amount is the revenue split based on? Which charges are deducted first, and which are billed separately?
02 Who pays each cost?
Who covers cleaning, utilities, repairs, furniture replacement and costs during vacancies?
03 When can you stay yourself?
How much notice is needed? Check limits on nights, peak periods and any owner-stay charges.
04 How can the agreement end?
Check the contract length and the conditions for leaving, changing managers or selling.
Want to compare current prices?
Compare available units, discounts, fit-out packages and parking on the same date. Two advertised starting prices alone will not tell you how units on different floors or facings compare.
Ask Danny for the latest details on both projects ↗06 / BEFORE YOU DECIDE
A few questions
worth asking.
What is the main difference between the two projects?
Compare The Lighthauz as a home for yourself, with household space and daily routines as the priority. Assess Keeperz Suites as a short-stay rental investment, focusing on guest demand, operating costs and management arrangements.
Which should I look at for a long-term family home?
Start with The Lighthauz’s two- or three-room layouts, then compare units against your household size, work, school and monthly budget. If you have a planned move-in date, check construction progress and the actual handover arrangements early.
What does Keeperz’s dual-key layout offer for rental?
The 581 sq ft dual-key unit has a shared entrance foyer leading to two separately lockable accommodation spaces. Depending on the management arrangement, you can host two different guest groups at the same time or rent the whole unit to family or friends travelling together. This creates more booking and pricing options, with opportunities to increase overall rental income. Net earnings still depend on occupancy, room rates and operating costs.
What if I want to stay occasionally and rent it out otherwise?
Start with how long you will stay, how many people will join you and whether you need a full family living space. If you are considering managed rental at Keeperz, check owner-stay rules, charges and the effect on rental availability. These terms need to fit your own plans.
Will a manager make my monthly income predictable?
A manager can handle operations, but actual income still depends on room rates, occupancy and expenses. Distinguish operating forecasts from contractual commitments and income actually received. Check who covers the costs if revenue falls short.
When could I move in or start renting it out?
The existing project brochure lists expected completion for The Lighthauz in September 2030. Current Keeperz project information uses 2030 as a completion reference. These are not guaranteed handover dates. Moving in or starting rental also depends on actual handover, fit-out and operational readiness. If you need a home or rental income soon, compare completed properties first.
TALK TO DANNY
Buying for yourself or for short stays?
Let’s work out which suits you.
I can help you compare layouts, currently available units and price packages. If you are considering Keeperz, we can also look into the short-stay management arrangements.
Danny · Penang Property Advisor · REN 53633
Confirm floor plans, fittings, parking, prices and management terms against the chosen unit and latest project documents. Artist’s impressions and illustrated furniture do not represent the final handover specification.
View information sources
The Lighthauz official floor plans · Keeperz Suites official project information