The Golden Wave 42 represents a significant departure from the traditional, heavy-displacement "teak-heavy" aesthetic that defined much of Cheoy Lee’s early output. Designed by the legendary naval architect Robert Perry in the late 1970s, the Golden Wave 42 was part of a strategic move to compete with high-end European performance cruisers like those from Nautor’s Swan and Baltic Yachts. Built by the Cheoy Lee Shipyard, this model was marketed under the "Golden Wave" brand to distinguish its performance-oriented pedigree from the more traditional Offshore and Clipper series. It is a true performance cruiser, blending Perry's signature "sweet" hull lines with the robust construction and exquisite joinery for which the Lo family’s shipyard is renowned.
Golden Wave 42 Information, Review, Specs

- Make
- Golden
- Model
- Wave 42
- Builder
- Cheoy Lee Shipyard Ltd.
- Designer
- Robert Perry
- Number Built
- 22
- Production Year(s)
- 1981 - 1983
Sailing Performance & Handling
The Golden Wave 42 is widely recognized for its balanced sailing characteristics, a hallmark of Robert Perry's design philosophy during his "fin keel and skeg-hung rudder" era. Unlike the earlier full-keel Cheoy Lee designs, the 42 features a modern underbody that significantly reduces wetted surface area, allowing it to excel in light to moderate winds. According to design notes from Robert H. Perry Yacht Designers, the boat was engineered to provide a sophisticated level of performance without sacrificing the sea-kindliness required for blue-water passage making.
With a Displacement/Length ratio typically hovering in the moderate range, the Golden Wave 42 tracks exceptionally well and exhibits a stiff, powerful motion in a seaway. Owners often report that the boat "finds its groove" quickly, maintaining a high average speed on a reach. The cutter or sloop rigging options provide versatility in sail plan management, making it an ideal choice for short-handed couples who require a vessel that can handle heavy weather without becoming unruly. The steering is often described as responsive but not "twitchy," benefiting from the protection and tracking stability provided by the substantial rudder skeg.
Interior Comfort & Variations
Inside, the Golden Wave 42 showcases the legendary woodworking capabilities of the Cheoy Lee Shipyard. The interior is almost entirely clad in high-grade Burmese teak, though Perry’s influence ensures the layout remains functional for offshore use. The standard configuration typically features a large V-berth forward, followed by a spacious head with a shower. The main salon is characterized by a U-shaped settee to port and a straight settee to starboard, centered around a large drop-leaf table.
One of the defining features of this model is the navigation station, which is often cited as being oversized and exceptionally practical for serious navigators. The galley is typically a sea-friendly U-shape, located near the companionway for optimal ventilation and communication with the cockpit. While most Golden Wave 42s were built with a private aft cabin and a second head, variations exist depending on original owner specifications. The sibling model, the Golden Wave 48, was designed by Pieter Beeldsnijder rather than Perry, offering a different hull form and more voluminous interior, while the Perry-designed Golden Wave 42 remains the choice for those prioritizing sailing agility over sheer living volume.
Known Issues & Buyer’s Checklist
Prospective buyers of a Golden Wave 42 must navigate the specific maintenance requirements of a vessel built during the peak of the fiberglass-and-teak era.
- Teak Deck Integrity: Like many Cheoy Lee builds of this vintage, the Golden Wave 42 was originally delivered with teak decks fastened through the fiberglass sandwich. Over decades, these fasteners can allow moisture to penetrate the balsa or foam core. A thorough percussion test or moisture meter reading of the decks is mandatory.
- Stainless Steel Tanks: Cheoy Lee utilized stainless steel for fuel and water tanks during this period. These tanks are often "built-in" to the hull structure, and if they develop pinhole leaks due to crevice corrosion, replacement can involve significant structural surgery to the interior cabinetry.
- Chainplate Inspection: The chainplates are robust, but they are often buried behind cabinetry, making visual inspection difficult. Buyers should look for signs of "bleeding" or rust streaks on the hull exterior and interior bulkheads, which indicate potential saturation and corrosion of the chainplate knees.
- Mast Step Corrosion: On many hulls, the mast is stepped on a steel or iron grid. If the bilge has been habitually wet, this step can corrode, potentially compromising the rig's tension.
Community & Resources
The Golden Wave 42 enjoys a dedicated following within the broader community of Cheoy Lee enthusiasts. The Cheoy Lee Association serves as the primary technical repository for owners, offering a wealth of original brochures, maintenance logs, and a registry of hull numbers. Because the Golden Wave series was a niche line, these owners often share specific data regarding the Perry-designed variations that differ from the more common Offshore models.
The Verdict
The Golden Wave 42 is a "sailor’s sailboat" that manages to bridge the gap between classic aesthetics and modern performance. It is a vessel for the connoisseur who appreciates the history of the Lo family's shipyard but demands a boat that can outrun most traditional cruisers.
Pros:
- Exceptional Pedigree: Designed by Robert Perry and built by one of the world's most experienced shipyards.
- Sailing Dynamics: Superior light-air performance and tracking compared to traditional heavy-displacement cruisers.
- Craftsmanship: The interior joinery is world-class, featuring rare Burmese teak that is increasingly difficult to find in modern production boats.
Cons:
- High Maintenance: The extensive use of exterior teak and aging deck systems requires significant upkeep or a costly refit.
- System Access: Like many yachts of this era, access to tanks and plumbing can be restricted by the intricate interior woodwork.
- Core Issues: The risk of deck core saturation is a common concern that requires careful professional surveying.
Measurements
Construction & Hull
- Construction Material
- Fiberglass
- Hull Type
- Monohull Sailboat
- Keel Type
- Fin
- Rudder
- 1x Skeg-Hung
- Ballast
- 9484 lbs
- Displacement
- 25000 lbs
- Water Capacity
- -
- Fuel Capacity
- -
Dimensions
- Length Overall (LOA)
- 42 ft
- Waterline Length (LWL)
- 34.33 ft
- Beam
- 12.67 ft
- Draft
- 6.2 ft
- Max Headroom
- -
- Air Draft
- -
Rig & Sails
- Rig Type
- Masthead Sloop
- P (Main Luff)
- 51.2 ft
- E (Main Foot)
- 16 ft
- I (Foretriangle Height)
- 57 ft
- J (Foretriangle Base)
- 17 ft
- Forestay Length (est)
- 59.48 ft
- Sail Area
- 894 sqft
Calculations
- Sail Area / Displacement (SA/D) Ratio
- 16.73
- Ballast / Displacement Ratio
- 37.94
- Displacement / Length Ratio (D/L) Ratio
- 275.85
- Comfort Ratio
- 35.85
- Capsize Screening Formula
- 1.73
- Hull Speed
- 7.85 kn