Established Penang developer (subsale — direct enquiry only)
Granito @ Permai
Tanjung Bungah
From
RM 488K
RM 567– PSF · Completion 2024
Tenure
freehold
Title
residential
Total Units
980
Completion
2024
- From
- RM 488K
- PSF
- RM 567
- Tenure
- freehold
- Total units
- 980
- Status
- completed
- Completion
- 2024
Zac’s Take
Zac Ong
Granito is one of the better entry-price freehold options in Tanjung Bungah — single layout (861 sqft, 3-bedroom), freehold residential title, and pricing that starts around RM488K for hillview and RM538K for seaview. PSF lands in the high RM500s.
The building is completed and tenanted heavily by long-stay expats and young professionals. Maintenance is light at RM 0.20 psf. Two access points, 49 levels, mid-level facilities — straightforward modern condo execution.
My honest read: this is a yield-and-own-stay play, not a luxury hold. Seaview stacks (the ones that genuinely face the sea, not just the angle) trade at a real premium and rent faster. Hillview is the value play. If you want me to point out which exact stack-and-floor numbers are worth offering on, message me — there's a meaningful spread inside the same 'seaview' label.
Granito @ Permai unit types
| Type | Config | Size (sqft) | Units | Car parks |
|---|---|---|---|---|
| A | 3-bedroom (hillview) | 861 | 0 | 2 (tandem) |
| B | 3-bedroom (seaview) | 861 | 0 | 2 (single) |
| Total | 0 | |||
Building specifications
- Blocks
- 2
- Floors
- 49
- Total units
- 980
- Ceiling height
- 2.74m
- Maint. fee
- RM0.2/sqft
- Security tiers
- 3-tier
Facilities
What's nearby
🏥 Healthcare
- Penang Adventist Hospital5.0km
- Mount Miriam Cancer Hospital4.5km
🎓 Schools
- Tenby International School Penang1.5km
- SMK Tanjung Bungah1.2km
- TAR University College Penang200m
- POWIIS International School2.0km
🛍 Shopping
- Straits Quay4.5km
- Gurney Plaza5.5km
End-financing panel banks
Banks pre-approved for Granito @ Permai — approach any of these for a faster loan approval process.
Pre-approved banks as at launch. Confirm current status with your preferred bank directly.
Monthly Instalment Calculator
Monthly Instalment
RM 1,971
Total Interest
RM 388,661
Total Outlay
RM 876,661
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 550K – RM 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.
| Downpayment | RM 48,800 |
| SPA stamp duty | RM 8,760 |
| SPA legal fee | RM 6,100 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 8,760 |
| Loan stamp duty (0.5%) | RM 2,196 |
| Loan agreement legal fee | RM 2,196 |
| Valuation fee | RM 1,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 78,812 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
How much is Granito @ Permai?
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Is Granito @ Permai freehold or leasehold?
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When is the expected completion / VP?
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What is the maintenance fee?
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Who is the developer of Granito @ Permai?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 488K
Granito @ Permai