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Granito Tanjung Bungah Review 2026 — The Area's Cheapest Freehold Three-Bedroom

Granito @ Permai, Tanjung Bungah: BSG's 980-unit freehold condo in two 49-storey blocks, completed 2019, three-bedrooms of about 864 sq ft. 2026 asking about RM435K–550K, rents RM1,800–2,200.

19 August 2026· 7 min read· By Zac Ong
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Granito @ Permai, Tanjung Bungah, Penang — 49-storey freehold condominium | Penang Property by Zac Ong

The verdict

4.3/ 5

Granito @ Permai is one of the better entry-price freehold options in Tanjung Bungah: a three-bedroom layout of about 864 sq ft on residential title, with 980 homes in two 49-storey blocks, completed in 2019.

Price
RM435K–RM550K
Tenure
Freehold
Land title
Residential
Completion
2019
Full Granito @ Permai data, floor plans and current pricing →

Zac’s own rating, not user reviews.

New to the area? My Tanjung Bungah 2026 buyer's guide covers every building nearby.

Granito is the cheapest way to own a freehold three-bedroom in Tanjung Bungah: about RM435,000 to RM550,000 for an 864 sq ft home, in an area where the conversation is usually about RM1M sea views. Completed in 2019, it's now a settled, well-let building, and the questions worth asking are about the stack, the view and the running costs.

Key takeaways:

  • 980 freehold units in two 49-storey blocks by the BSG group, completed 2019.
  • One main layout: a three-bedroom, two-bathroom home of about 864 sq ft.
  • 2026 asking about RM435,000–550,000; rents about RM1,800–2,200 a month.
  • Below the RM1M foreign minimum: a Malaysian, PR and MM2H market.
  • With nearly a thousand similar units, floor and view decide everything.

What 980 units means

Density spreads the cost of two 49-storey towers across nearly a thousand owners, which keeps running costs manageable. But when you sell, you compete with the same layout on almost every floor of two towers. The only things that separate your unit from the next listing are the view and the level. So the buying rule is simple: pay for the stack, not the building.

Living on the hillside

Granito sits on a hillside in Tanjung Bungah's Permai area, which is where its views come from. As with any hillside building, ask the management about slope maintenance and any works on retaining structures, check the sinking-fund balance, and ask your lawyer to look over the strata title. These are routine checks; make your decision with the documents in front of you.

Prices and rents in 2026

Asking prices ran from about RM435,000 for a lower, hill-facing unit to about RM550,000 for a high sea-facing one. Rents in the listings I tracked ran about RM1,800–2,200 a month. On RM480,000 renting at RM2,000, that's about 5% gross before costs, one of the stronger rental cases in the area, because the price is low and Tanjung Bungah rents hold up.

Hill view or sea view?

The price range is largely the gap between hill-facing and sea-facing units, widened by floor. The sea-view premium is real and holds at resale; the hill-view discount buys you the same layout for less. Decide which buyer you are before you shortlist, because mixing them up is how people overpay.

Where it sits among the neighbours

In the same area, Pearl View offers 1,400 sq ft of 1998 freehold for around RM780,000, nearly double the space for about 60% more money. Alila Horizons sits between them at about RM700,000–900,000. Granito is the entry rung: lowest price, newer build, highest density.

Z

Zac’s Take

Zac Ong

Granito is the cheapest freehold three-bedroom in Tanjung Bungah and one of the area's better rental cases. Buy the stack, not the building: with 980 similar units, view and floor decide your resale. Ask about slope maintenance and the sinking fund, and make your decision on the documents.

Average response: under 1 hour, 9am–7pm Mon–Sat.

📲 Get current Granito listings

Current details and listings are on the Granito @ Permai project page.

Sources: Blocks, storeys, units, layout, developer and completion from PropertyGuru's project review and portal building pages. Asking prices from portal listings in 2026; asking rents from listings I track (September–October 2026).

Frequently Asked Questions

How much is Granito @ Permai?

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Asking prices in 2026 ran from about RM435,000 to RM550,000 for the standard three-bedroom of about 864 sq ft, roughly RM500–640 per sq ft. Floor and sea view explain most of the spread.

When was Granito completed?

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In 2019, by the BSG group.

Is Granito freehold?

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Yes, freehold on residential title: two 49-storey blocks with 980 units, developed by Taman Sri Bunga Sdn Bhd, part of the BSG group.

Can foreigners buy Granito?

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Ordinary foreign buyers can't: the whole asking range sits far below Penang Island's RM1M minimum. MM2H participants can buy residential property from RM500,000, which covers the upper part of the range.

What does it rent for?

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Asking rents in the listings I tracked in September–October 2026 ran from about RM1,800 to RM2,200 a month for the three-bedroom layout.