Tanjung Bungah, Penang Island
Tanjung Bungah (also known as Tanjong Bungah) is a freehold town that is located in Penang Island, Penang. Tanjung Bungah, a picturesque suburb in Penang, is a favourite among expats and tourists. What makes it particularly popular is its proximity to a few beaches and a cluster of reputable international schools. The area's attraction is bolstered by an array of cheap holiday rentals comprising small but self-contained beach apartments and resorts. Although Tanjung Bungah is quite affluent, tourists and visitors from within Malaysia have complained of encountering some pockets of poverty in some parts of the neighbourhood.
The built-up available in this town is 2,000 sf to 16,000 sf for houses. Other neighbouring towns nearby here are Botanic Gardens, Mount Erskine, Permai Village, Seri Tanjung Pinang and Tanjung Tokong.
This town has some amenities nearby, such as schools, hospitals and universities. The following are some main schools here:
- Dalat International School
- Pelita International School
- SJK (C) Hun Bin 汉民小学
- SK Tanjung Bunga
- SM Pendidikan Khas Persekutuan
- SMK Tanjong Bunga
- Tenby Schools Penang
As for hospitals, there are Penang Adventist Hospital, Tanjung Medical Centre and Therapedic Medical Centre. There are also some universities here, e.g. Adventist College Of Nursing & Health Sciences and Tunku Abdul Rahman University College (Taruc Pg) 拉曼学院， 槟城分行.
The current rental yield of Tanjung Bungah is 2.17% for houses. The highest rental yield ever recorded was 3.16% in Q4 2015 (house); while the lowest one was 0.91% in Q1 2022 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Tanjung Bungah for houses is 4-bedroom / 3,280 sf with a median price of RM660 psf. For price wise, the most expensive one is 8-bedroom / 12,000 sf with a median price of RM1,000 psf; while the cheapest one is 7-bedroom / 3,000 sf with a median price of RM400 psf.
Latest Tanjung Bungah sale listings:
|11 Sep 2023||Condominium||689 sf||RM243,000|
|24 Aug 2023||Condominium||920 sf||RM567,999|
|28 Aug 2023||Terrace||-NA-||RM1,350,000|
|22 Aug 2023||Semi-Detached||-NA-||RM2,590,000|
|21 Aug 2023||Terrace||-NA-||RM1,350,000|
|15 Aug 2023||Semi-Detached||-NA-||RM2,592,000|
|14 Aug 2023||Condominium||2,397 sf||RM1,950,000|
|10 Aug 2023||Condominium||1,084 sf||RM485,000|
|21 Jul 2023||Condominium||1,635 sf||RM1,480,000|
Latest Tanjung Bungah rental listings:
|6 Sep 2023||Condominium||1,000 sf||RM1,350|
|2 Sep 2023||Studio||2,400 sf||RM500|
|30 Aug 2023||Medium Room||-NA-||RM670|
|2 Sep 2023||Condominium||542 sf||RM500|
|30 Aug 2023||Condominium||700 sf||RM1,200|