Permai Village, Tanjung Bungah

Permai Village (also known as Lembah Permai) is a freehold town located in Tanjung Bungah, Penang Island. The Tunku Abdul Rahman University College (TARUC) is located here, therefore university students can be seen in most parts of this area. Middle to high class local residency can be found around the area as well.

The built-up available in this town is 2,000 sf to 3,800 sf for houses. It was developed by Boon Siew Group (aka BSG Property).

Boon Siew Group (aka BSG Property) is a large real estate group, and it has constructed around 29 real estate projects in Malaysia. Other similar projects by the same developer are 10 Stonor, Casa Permai 2, Centrio Avenue, Fairview Residence, Harmony Residence, Middleton, Mira Residence, Raffel Tower, Reizz Residence and The Landmark.

Property Type
Town
Land Tenure
Freehold
Built-up
2,000 sf - 3,800 sf (House)
Market Price
RM1,210,000 - RM2,200,000 (House)
Total Units
-NA-
Completion Date
-NA-
Launch Price
-NA-

This town has some amenities nearby, for example schools and universities. The following are some main schools here:

The current rental yield of Permai Village is 2.66% for houses. The highest rental yield ever recorded was 3.0% in Q4 2014 (house); while the lowest one was 1.5% in Q2 2015 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size (built-up) combination at Permai Village for houses is 4-bedroom / 3,280 sf with a median price of RM640 psf. For price wise, the most expensive one is 4-bedroom / 2,500 sf with a median price of RM880 psf; while the cheapest one is 6-bedroom / 3,800 sf with a median price of RM410 psf.

Latest Permai Village sale listings:

TarikhJenis HartanahBinaanHarga
1 Jan 2023Condominium1,635 sfRM1,350,000
21 Nov 2022Condominium1,352 sfRM1,050,000
21 Nov 2022Condominium1,635 sfRM1,380,000
10 Nov 2022Condominium1,352 sfRM980,000
7 Nov 2022Condominium1,635 sfRM1,250,000
22 Oct 2022Apartment699 sfRM275,000
15 Oct 2022Bungalow4,331 sfRM3,400,000
27 Sep 2022Condominium1,634 sfRM1,390,000
30 Sep 2022Terrace3,280 sfRM2,300,000
8 Aug 2022Condominium1,352 sfRM1,050,000

Latest Permai Village rental listings:

TarikhJenis HartanahBinaanSewaan
TodayTerrace2,400 sfRM3,200
1 Mar 2023Condominium1,351 sfRM3,000
29 Jan 2023Semi-Detached4,330 sfRM7,500
6 Jan 2023Condominium1,450 sfRM2,400
26 Nov 2022Condominium1,385 sfRM2,500
11 Nov 2022Duplex3,482 sfRM3,850
11 Nov 2022Duplex3,482 sfRM4,000
27 Sep 2022Condominium1,634 sfRM3,500
8 Sep 2022Condominium1,350 sfRM2,800
15 Jul 2022Condominium1,488 sfRM2,000
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