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 2 Permai, Centrio Avenue, Harmony Residence, Middleton, Mira Residence, Permai Gardens, Raffel Tower, Raffles Residence 199, Reizz Residence and The Landmark.

Property Type
Town
Land Tenure
Freehold
Built-up
2,000 sf - 3,800 sf (House)
Market Price
RM1,250,000 - RM2,200,000 (House)
Density
-NA-
Completed In
-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 2.81% for houses. The highest rental yield ever recorded was 4.17% in Q4 2012 (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 3-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 for sale listings:

DateTypeBuilt-upPrice
TodayCondominium1,634 sfRM1,390,000
8 Aug 2022Condominium1,352 sfRM1,050,000
8 Aug 2022Terrace2,400 sfRM1,250,000
8 Aug 2022Terrace2,400 sfRM1,290,000
27 Jun 2022Condominium2,937 sfRM2,400,000
27 Jun 2022Condominium2,397 sfRM2,650,000
15 Jun 2022Condominium1,356 sfRM788,000
24 Apr 2022Condominium1,356 sfRM800,000
20 Apr 2022Condominium3,340 sfRM2,000,000
7 Apr 2022Terrace2,100 sfRM1,180,000

Latest Permai Village for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,634 sfRM3,500
8 Sep 2022Condominium1,350 sfRM2,800
6 Sep 2022Condominium1,450 sfRM2,400
15 Jul 2022Condominium1,488 sfRM2,000
16 May 2022Condominium1,350 sfRM2,000
6 May 2022Condominium1,980 sfRM3,500
21 Apr 2022Condominium1,352 sfRM2,800
14 Apr 2022Terrace3,440 sfRM3,000
6 Apr 2022Terrace2,400 sfRM3,300
5 Apr 2022Condominium1,367 sfRM2,200
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