Tanjung Bungah Β· Subsale Market
Alila 2 Subsale β Tanjung Bungah, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Alila 2 is a completed freehold condominium in Tanjung Bungah, Penang, completed in 2018 by Nilai Arif Sdn. Bhd. (Hunza Group). It has 270 units. Subsale asking prices currently run about RM863β1250 per sq ft, with the typical unit asking around RM 2.25M (from roughly RM 1.68M).
Price at a glance
Prices as at September 2026 β Subsale asking prices basis. Last checked 2026-08-01.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,900β3,235 | RM1.68M | RM863 |
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Alila 2 subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Tanjung Bungah's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Alila 2.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
How Alila 2 is priced within Tanjung Bungah
At roughly RM863 psf, Alila 2 sits mid-band for Tanjung Bungah (RM513β1065 psf). This is the range where unit-specific factors β floor, view, renovation, facing β matter more than the address itself when you negotiate.
vs NAPIC median
+69%
Area median RM510 psf (all residential)
Area gross yield
~4.5%
Typical for Tanjung Bungah condos
Building age
8 years
Completed 2018
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
The Alila 2 pre-purchase checklist
- 1.Remaining lease (if leasehold) β Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
- 2.Outstanding charges and caveats β Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables β Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
- 4.Exit tax position β Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms β Agree in writing what stays β air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
Alila 2 price 2026
What Alila 2 trades at on the sub-sale market, last checked 2026-08-01.
| Asking from | RM1.68M β RM4M |
| PSF | RM863 β 1250 |
| Built-up | 1,900 β 3,235 sqft |
| Completed | 2018 |
| Units | 270 |
Verified sub-sale asking prices. Asking is not transacted β expect movement between the two.
The building is 8 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
A foreign buyer can purchase here β the RM1M minimum is cleared. Add the state levy, a flat 8% stamp duty and 3β4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β and if you are near the five-to-six-year line, the date matters more than the price.
Alila 2 for sale & for rent
Looking to buy or rent a unit in Alila 2? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
Alila 2 key facts
- Developer
- Nilai Arif Sdn. Bhd. (Hunza Group)
- Area
- Tanjung Bungah, Penang
- Type
- condominium
- Tenure
- freehold Β· residential
- Completed
- 2018
- Total units
- 270
- Asking PSF
- RM863β1250
- Price from
- RM 1.68M
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Alila 2:
View full Alila 2 profile βTanjung Bungah β area snapshot
Full area guide βTanjung 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 397K β RM 4.4M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
13
completed projects
Total tracked
15
properties in this area
Other projects in Tanjung Bungah
All 14 others we track here, cheapest first β 1 of them still selling.
- Granito @ PermaiRM397K
- Grand OceanRM550K
- Surin CondominiumRM600K
- Alila HorizonsRM700K
- Pearl View CondominiumRM780K
- Mira ResidenceRM1.07M
- Horizon TowerRM1.1M
- WaterstoneRM1.29M
- NinetenRM2.5M
- The Cove CondominiumRM2.7M
- Infinity BeachfrontRM2.7M
- 1 TanjongRM3.6M
- Springtide ResidencesRM3.8M
- SkyhomeRM4.39M
Alila 2 subsale β common questions
What is the price of Alila 2?
Alila 2 runs RM1,680,000 to RM4,000,000. These are verified sub-sale asking prices, not transacted figures β expect movement between the two. That works out to about RM863β1,250 per square foot. Checked 2026-08-01.
Is Alila 2 freehold or leasehold?
Alila 2 is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at Alila 2?
Yes. Penang Island sets a RM1,000,000 minimum for foreign buyers. Add a state levy, a flat 8% stamp duty, and 3β4 months for state consent.
When was Alila 2 completed?
Alila 2 completed in 2018, developed by Nilai Arif Sdn. Bhd. (Hunza Group). Units here trade sub-sale.
How big are the units at Alila 2?
Built-ups run 1,900 to 3,235 sq ft. There are 270 units in total.
Is Alila 2 a good investment?
It is more of a workhorse own-stay or yield play than a capital-appreciation story β well-managed, walkable to Tanjung Bungah beach, and it rents well to expats and long-stay tenants.
More on the neighbourhood:
Tanjung Bungah area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.