CompletedfreeholdEst. 2013

BSG Property

Nineten

Name: Nineten
Brand: BSG Property
Availability: Discontinued

Permai Village, Tanjung Bungah

From

RM 3.20M

RM 414– PSF · Completion 2013

Get Brochure + Price List

📲 Price list 📲 Floor plans 📅 Site visit

Tenure

freehold

Title

TBC

Total Units

Completion

2013

From: RM 3.2M
PSF: RM 414
Tenure: freehold
Total units: 40
Status: completed
Completion: 2013

Project Tracking

We're tracking Nineten — not yet personally reviewed by Zac

This project is in our database from public sources (3 sources) from BSG Property. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.

📋 Latest price list & available unit types
🏗️ Current construction stage and photos
💬 Zac's honest assessment for your situation
📞 Direct introduction to the developer if you want to view

📲 Get Nineten details on WhatsApp

Facilities

Swimming PoolGymnasiumBBQ AreaPlaygroundJogging TrackFunction Room24-Hour SecurityCCTVCovered ParkingLandscape Garden

What's nearby

🏥 Healthcare

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

🎓 Schools

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

🛍 Shopping

Tesco Extra Tanjung Bungah1.0km
Straits Quay4.0km
Gurney Plaza5.0km

💎 Premium tier — what actually matters

At this price tier, buyers care about a different set of numbers

Most Nineten buyers pay cash or use private banking — so monthly instalments aren't the metric. The questions Zac gets asked are:

· Resale liquidity — how long to find a buyer in 5 years
· Capital appreciation — what the area has done over 3, 5, 10 years
· Carrying cost — maintenance + tax + utilities, not loan
· Estate planning — title structure, inheritance handling
· Foreign buyer levy & consent — true total cost basis
· Lawyer / private banker network — who handles transactions well

Run the ROI / exit strategy calc instead →

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 488K – RM 4.7M

asking prices in area

Active projects

selling or under construction

Subsale condos

completed projects

Total tracked

properties in this area

Other projects in Tanjung Bungah

1 Tanjong · RM 3.6M Alila 2 · RM 1.9M Blossom Suites · RM 733K Granito @ Permai · RM 488K Mira Residence · RM 1.4M Mirage @ Tanjung Bungah Ratu Mutiara · RM 2.4M Skyhome · RM 4.7M +9 more →

Total Cost Breakdown

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

Purchase price (RM)

Downpayment (%)

First-time buyerForeign buyer

Downpayment	RM 320,000
SPA stamp duty	RM 112,000
SPA legal fee	RM 28,650
MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.	RM 112,000
Loan stamp duty (0.5%)	RM 14,400
Loan agreement legal fee	RM 14,400
Valuation fee	RM 3,500
Search, admin, misc	RM 1,000
Gross upfront total	RM 605,950

New launch — typical developer savings

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

SPA legal fee absorbed

Panel lawyer provided by developer

− RM 28,650

Loan stamp duty absorbed

0.5% on loan amount

− RM 14,400

Loan legal fee absorbed

Loan documentation fees

− RM 14,400

MOT stamp duty absorbed

Rare — confirm with developer

—

Cash rebate3% = RM 96,000

0%5%10%

Total developer savings− RM 153,450

Net upfront (after savings)

Based on typical 2026 new launch package

RM 452,500

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 Nineten?

Units at Nineten start from RM 3.20M (around RM 414 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Nineten freehold or leasehold?

Nineten is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

When is the expected completion / VP?

Expected Vacant Possession is 2013, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Can foreigners buy Nineten?

Yes — Nineten meets the Penang state foreign-buyer minimum (RM1M stratified on Penang Island, RM600K mainland). Foreigners pay a 3% state levy (island) plus state consent fees on top of standard transaction costs. Full walkthrough: see the Penang foreign buyer guide or message Zac directly.

Who is the developer of Nineten?

Nineten is developed by BSG Property. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

Substitutes worth comparing

Open full comparison →

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

tanjung bungah

Ratu Mutiara

Taman Ratu

From RM 2.4M

tanjung tokong

Amaris

E&O Property Development

From RM 4M

tanjung tokong

Ariza Seafront Terraces

E&O Property (Penang) Sdn. Bhd.

From RM 2.7M

From

RM 3.2M

Nineten

Chat with Zac now