Looking at the whole of Tanjung Bungah? My Tanjung Bungah buyer's guide compares every building in the area. This post compares two of its best finished condos.
Mira Residence and Alila 2 sit a short drive apart in the Lembah Permai part of Tanjung Bungah, both freehold, both finished, both on the hillside with views of the sea and the hills. If you've seen one, you'll probably be shown the other. The difference is simple once you see it: Alila 2 is the bigger, greener and pricier home; Mira is the family-sized, fairly priced one.
Key takeaways: Mira Residence (BSG Property, 2016) has two 32-storey towers with homes from about 1,352 sq ft, with listings from about RM850,000. Alila 2 (Hunza group, late 2010s) has 270 larger homes from 1,905 sq ft, on grounds that are nearly half garden, from about RM1.68M. Choose Mira for value and a sensible family layout; choose Alila 2 for space and the best landscaping in the area.
Side by side
| Mira Residence | Alila 2 | |
|---|---|---|
| Developer | BSG Property | Hunza group |
| Completed | 2016 | Late 2010s |
| Homes | 376 in two 32-storey towers | 270 in two towers of 33 and 34 storeys |
| Homes per floor | 6 | About 5 |
| Sizes | 1,352 to about 3,642 sq ft | 1,905 to about 5,789 sq ft |
| Listings, late 2026 | about RM850K–2.15M | about RM1.68M–3.1M |
| Service charge | about RM0.30 per sq ft | about RM0.30 per sq ft |
| Grounds | Good facilities, 10 ft ceilings in the homes | 9.8 acres, 47% trees and gardens (developer figure) |
| Foreign buyers | Units at RM1M+ only | Every home qualifies |
Where Mira Residence wins
Price. You can buy a 1,635 sq ft three-bedroom-plus-study family home at Mira for much less than the smallest home at Alila 2. For most families that layout is all the space they need.
Layout. Ten-foot ceilings make Mira's homes feel larger than their floor area, and six homes per floor with five lifts per tower keeps things quiet.
The levy. Foreign buyers who choose a Mira unit priced between RM1M and RM1.5M pay a 1.5% state levy rather than 3%, which saves a meaningful sum on a purchase this size.
Where Alila 2 wins
Space. Alila 2's smallest homes, at 1,905 sq ft, are bigger than most of Mira's, and its larger layouts and penthouses go well beyond anything Mira offers.
Grounds. This is the big one. Alila 2 sits on a 9.8-acre site about 223 ft above sea level, and the developer says nearly half of it is trees and gardens. If you're coming from a house with a garden, or you simply want somewhere green to walk every day, Alila 2 is in a different league.
Simplicity for foreign buyers. Every Alila 2 home clears the RM1M minimum, so there's no need to filter units by price.
What they share
Both are freehold on residential title, so utility bills and bank loans are on ordinary household terms. Both are hillside, driving locations: lovely and quiet, but you won't be walking to the beach or the shops. Both draw tenants from Tenby and Dalat international schools, both in Tanjung Bungah. And in both, the view varies a lot from unit to unit, so stand in the actual room before you agree a price. Short-term holiday letting isn't allowed in either, under Penang's 2026 homestay by-law.
Which one to choose
Choose Mira Residence if you want a finished, family-sized home at a fair price, and especially if you're a foreign buyer who can use the reduced levy band. Choose Alila 2 if you want the most space and the best grounds, and the higher price is comfortable.
If you'd also consider a brand-new building, the same developer as Mira is building Waterstone nearby, due in 2028. The three-way comparison puts all three side by side. Full reviews: Mira Residence and Alila 2.
Zac’s Take
Zac Ong
For most families, Mira Residence gives you the home you need at the better price. For buyers who'd miss a garden, or who want real space, Alila 2 is worth the extra. If you're torn, see both on the same afternoon. The grounds at Alila 2 and the price at Mira usually decide it within an hour.
Average response: under 1 hour, 9am–7pm Mon–Sat.
📲 See current units at bothSources: Building details from BSG Property and Hunza group material; asking prices and rents from PropertyGuru, EdgeProp, iProperty and Mudah listings in September–October 2026. Foreign-buyer rules from the Penang state schedule and Budget 2026; short-term rental rules from Penang's Private Homestay By-Law 2026.