penangproperty
CompletedfreeholdresidentialEst. 2018

Nilai Arif Sdn. Bhd. (Hunza Group)

Alila 2

Tanjung Bungah

From

RM 1.95M

RM 7751458 PSF · Completion 2018

Tenure

freehold

Title

residential

Total Units

270

Completion

2018

From
RM 1.9M
PSF
RM 775–1458
Tenure
freehold
Total units
270
Status
completed
Completion
2018
Z

Zac’s Take

Zac Ong

Alila 2 is the second phase of Hunza's Alila series in Tanjung Bungah — completed in 2018, freehold residential title, and one of the better-priced subsales on this stretch. Sea-view units transact in the high RM700s psf; hill-view a bit lower.

The building is well-managed (Hunza projects generally are), and the location puts you walking distance to the Tanjung Bungah beach and within 10 minutes' drive of Gurney. It rents well to expats and long-stay tenants.

My honest take: this is a workhorse own-stay or yield play, not a capital-appreciation story. If you want price growth, look at freehold residential further north toward Batu Ferringhi. If you want a solid home that holds value, Alila 2 is a fair pick at the right unit-and-floor. Ask me which stack faces the sea cleanly — not every 'sea view' unit actually sees the sea.

Building specifications

Blocks
2
Total units
270
Security tiers
3-tier

Facilities

Infinity PoolLap PoolWading PoolGymnasiumTennis CourtBadminton CourtBBQ AreaPlaygroundJogging TrackFunction HallSaunaSteam RoomClub HouseSky Lounge24-Hour SecurityCCTVCovered ParkingLandscape Garden

What's nearby

🏥 Healthcare

  • Gleneagles Hospital Penang6.0km
  • Penang Adventist Hospital7.0km
  • Penang General Hospital8.0km

🎓 Schools

  • SK Tanjung Bungah1.5km
  • SMK Tanjung Bungah2.0km
  • Uplands International School3.5km

🛍 Shopping

  • Tesco Extra Tanjung Bungah1.0km
  • Straits Quay4.0km
  • Gurney Plaza5.0km
  • Gurney Paragon5.5km

Monthly Instalment Calculator

Monthly Instalment

RM 7,876

Total Interest

RM 1,553,052

Total Outlay

RM 3,503,052

📲 Discuss financing options with Zac

Tanjung Bungah — area snapshot

Full area guide →

Tanjung Bungah offers seafront living with relatively more space than Gurney Drive. It attracts buyers who want proximity to the beach corridor without being in the dense city fringe.

Price range

RM 488KRM 4.7M

asking prices in area

Active projects

2

selling or under construction

Subsale condos

14

completed projects

Total tracked

18

properties in this area

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

DownpaymentRM 195,000
SPA stamp dutyRM 62,000
SPA legal feeRM 18,850
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 62,000
Loan stamp duty (0.5%)RM 8,775
Loan agreement legal feeRM 8,775
Valuation feeRM 3,500
Search, admin, miscRM 1,000
Gross upfront totalRM 359,900

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 58,500
0%5%10%
Total developer savingsRM 94,900

Net upfront (after savings)

Based on typical 2026 new launch package

RM 265,000

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

Is Alila 2 freehold?

+
Yes — freehold with residential title, developed by the Hunza Group, completed in 2018 in Tanjung Bungah.

What are subsale prices at Alila 2?

+
Sea-view units transact in the high RM700s psf and up (the range spans roughly RM775–1,458 depending on unit and view), from about RM1.95M. WhatsApp Zac for current listings.

Is Alila 2 a good investment?

+
It is more of a workhorse own-stay or yield play than a capital-appreciation story — well-managed, walkable to Tanjung Bungah beach, and it rents well to expats and long-stay tenants.

How many units does Alila 2 have?

+
There are 270 units across two 34-storey blocks.

Can foreigners buy at Alila 2?

+
Yes. At these prices, units clear Penang Island's RM1,000,000 minimum for foreign buyers of strata property. State consent (typically 2–4 months) applies, and MM2H holders follow the same property rules. Zac can confirm eligibility for your situation.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 1.9M

Alila 2

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