Tanjung Bungah · Subsale Market
Granito @ Permai Subsale — Tanjung Bungah, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Granito @ Permai is a completed freehold condominium in Tanjung Bungah, Penang, completed in 2019 by Taman Sri Bunga Sdn Bhd (BSG group). It has 980 units. Subsale asking prices currently run about RM500–640 per sq ft, with the typical unit asking around RM 478K (from roughly RM 435K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-12.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 864 | RM435,000 | RM500 |
Zac’s Take
Zac Ong
Granito @ Permai is one of the better entry-price freehold options in Tanjung Bungah: a three-bedroom layout of about 864 sq ft on residential title, with 980 homes in two 49-storey blocks, completed in 2019.
2026 listings ran from about RM435,000 to RM550,000, with sea-facing units at the top.
This is a yield-and-own-stay buy, not a luxury hold. Units that genuinely face the sea let faster and sell for more, so check the actual view from the unit, not just the label.
Reviews and comparisons
- Granito Tanjung Bungah Review 2026 — The Area's Cheapest Freehold Three-Bedroom
- Surin Condominium Review 2026 — Freehold Tanjung Bungah Family Homes, Four Minutes From Dalat and Tenby
- Penang Has 3,165 Unsold Homes — and the Glut Is Not Where You Think
- Pearl View Review 2026 — 1,400 Sq Ft of Freehold Tanjung Bungah for Under RM810K
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Granito @ Permai subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Tanjung Bungah's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Granito @ Permai.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Granito @ Permai is priced within Tanjung Bungah
At roughly RM500 psf, Granito @ Permai sits toward the value end of Tanjung Bungah's condo band (RM460–1050 psf). That usually reflects building age, floor level, or distance from the area's prime frontage — worth checking which, because the first two are negotiable and the third is not.
vs NAPIC median
-2%
Area median RM510 psf (all residential)
Building age
7 years
Completed 2019
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
What to inspect before you commit at Granito @ Permai
- 1.Internal pipes and electrical — For buildings past the ten-year mark, ask for a recent plumbing inspection. Full repiping is a five-figure cost you do not want to discover after VP.
- 2.Waterproofing and ceiling stains — Check bathroom floors, balcony thresholds and the ceiling directly under any upstairs wet area. Old stains that were painted over will reappear.
- 3.Lift modernisation status — Lifts have a service life. Ask whether modernisation has been done or is being planned — it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout — Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation — Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
Granito @ Permai price 2026
What Granito @ Permai trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM435,000 – RM550,000 |
| PSF | RM500 – 640 |
| Built-up | 864 sqft |
| Completed | 2019 |
| Units | 980 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
Recent prices. 2026 asking about RM435,000–550,000 for the ~864 sq ft three-bedroom. Completed 2019.
The building is 7 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.
Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
Granito @ Permai for sale & for rent
Asking rents at Granito @ Permai ran from about RM1,800–2,200 a month in September–October 2026, for the 861 sq ft three-bedroom layout. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Granito @ Permai key facts
- Developer
- Taman Sri Bunga Sdn Bhd (BSG group)
- Area
- Tanjung Bungah, Penang
- Type
- condominium
- Tenure
- freehold · residential
- Completed
- 2019
- Total units
- 980
- Asking PSF
- RM500–640
- Price from
- RM 435K
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 540K – RM 4.7M
asking prices in area
Active projects
1
selling or under construction
Subsale condos
14
completed projects
Total tracked
16
properties in this area
Other projects in Tanjung Bungah
All 15 others we track here, cheapest first — 1 of them still selling.
- Grand OceanRM540K
- Surin CondominiumRM618K
- The Straits RegencyRM680K
- Alila HorizonsRM700K
- Pearl View CondominiumRM758K
- Mira ResidenceRM850K
- Horizon TowerRM1.1M
- WaterstoneRM1.29M
- Alila 2RM1.68M
- Infinity BeachfrontRM2.3M
- NinetenRM2.5M
- The Cove CondominiumRM2.7M
- 1 TanjongRM2.8M
- Springtide ResidencesRM3.8M
- SkyhomeRM4.7M
Granito @ Permai subsale — common questions
What is the price of Granito @ Permai?
2026 asking about RM435,000–550,000 for the ~864 sq ft three-bedroom. Completed 2019.
Is Granito @ Permai freehold or leasehold?
Granito @ Permai is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.
Can a foreigner buy at Granito @ Permai?
Yes, if you are on MM2H. MM2H participants can buy residential property in Penang from RM500,000 (up to two homes), and Granito @ Permai is priced above that. Other foreign buyers need RM1,000,000 for strata property on the island, which homes here do not reach. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
How much is the rent at Granito @ Permai?
Asking rents ran from RM1,800 to RM2,200 a month in September–October 2026, for the 861 sq ft three-bedroom layout. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was Granito @ Permai completed?
Granito @ Permai was completed in 2019 by Taman Sri Bunga Sdn Bhd (BSG group), so homes here are bought from existing owners.
How big are the homes at Granito @ Permai?
Homes range from about 864 sq ft. There are 980 homes in total. With that many, expect plenty of similar units on the market when you come to sell.
More on the neighbourhood:
Tanjung Bungah area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.