penangproperty
CompletedfreeholdresidentialEst. 2008

Hunza Properties Berhad

Alila Horizons

Tanjung Bungah

From

RM 700K

Tenure

freehold

Title

residential

Total Units

256

Completion

2008

From
RM 700K
PSF
Tenure
freehold
Total units
256
Status
completed
Completion
2008
Z

Zac’s Take

Zac Ong

Alila Horizons is Hunza's freehold hillside/seaview condo in Tanjung Bungah — 256 units, completed 2008, and a consistent performer for expat and long-stay rental demand.

My honest take: this is a reliable own-stay or yield play rather than a trophy asset — well-managed (Hunza projects generally are), sea and hill aspects, and a settled community. Entry is accessible from around RM700K, with larger sea-facing units into the RM1M-plus range. Ask me which stack has the cleanest sea aspect — it varies a lot here.

Monthly Instalment Calculator

Monthly Instalment

RM 2,827

Total Interest

RM 557,506

Total Outlay

RM 1,257,506

📲 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 70,000
SPA stamp dutyRM 15,000
SPA legal feeRM 8,250
MOT stamp duty (at VP)

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

RM 15,000
Loan stamp duty (0.5%)RM 3,150
Loan agreement legal feeRM 3,150
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 117,550

New launch — typical developer savings

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

Cash rebate3% = RM 21,000
0%5%10%
Total developer savingsRM 35,550

Net upfront (after savings)

Based on typical 2026 new launch package

RM 82,000

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 Horizons freehold?

+
Yes — freehold, residential title, developed by Hunza Properties Berhad, completed in 2008 in Tanjung Bungah.

What are subsale prices at Alila Horizons?

+
Asking prices start from about RM700K, with larger sea-facing units reaching the RM1M-plus range. WhatsApp Zac for current listings.

Is Alila Horizons good for rental?

+
Yes — it has consistent expat and long-stay rental demand, and Hunza buildings are generally well managed, making it a reliable yield play.

Can foreigners buy at Alila Horizons?

+
Smaller units may fall below Penang Island's RM1,000,000 foreign-buyer threshold, while larger units clear it. Ask Zac to confirm whether a specific unit qualifies for foreign purchase.

Substitutes worth comparing

Open full comparison →

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

From

RM 700K

Alila Horizons

Chat with Zac now

🔔 Join 600+ Penang buyers on Zac's New Launch Alert

Be first to know when new projects drop — before they go public.

Join via WhatsApp →