Permai Village, Tanjung Bungah

Permai Village (also known as Lembah Permai) is a freehold town that is located in Tanjung Bungah, Penang Island. Tunku Abdul Rahman University College (TARUC) being situated in this location makes the area a hotspot for university students. As a result, students can be spotted in various parts of this region. Besides students, those belonging to middle to high class local residencies can also be found around this area. Therefore, there is a diverse mixture of people in this locality, making it a vibrant place to live in. The availability of various amenities close to this vicinity adds to the appeal of the area. Hence, it is an excellent destination for anyone who cherishes a lively, diverse environment.

The built-up available in this town is 1,200 sf to 4,000 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, Granito, Middleton, Mira Residence, Raffel Tower, Reizz Residence and The Landmark.

Property Type
Town
Land Tenure
Freehold
Built-up
1,200 sf - 4,000 sf (House)
Market Price
RM720,000 - RM2,600,000 (House)
Total Units
-NA-
Completion Date
-NA-
Launch Price
-NA-

The only amenities nearby this town are some schools. Few of the schools here are Dalat International School, Pelita International School, SK Tanjung Bunga, SM Pendidikan Khas Persekutuan, SMK Tanjong Bunga and Tenby Schools Penang.

The current rental yield of Permai Village is 2.88% for houses. The highest rental yield ever recorded was 3.38% in Q4 2015 (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 RM690 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 RM420 psf.

Latest Permai Village sale listings:

DateProperty TypeBuilt-upPrice
8 May 2024Condominium680 sfRM275,000
29 Apr 2024Condominium1,421 sfRM800,000
7 May 2024Condominium864 sfRM500,000
7 May 2024Condominium864 sfRM515,000
7 May 2024Condominium1,350 sfRM1,200,000
7 May 2024Condominium864 sfRM450,000
7 May 2024Condominium864 sfRM468,000
7 May 2024Condominium864 sfRM468,000
7 May 2024Low-Cost Flat680 sfRM295,000
7 May 2024Condominium1,635 sfRM1,270,000

Latest Permai Village rental listings:

DateProperty TypeBuilt-upRental
YesterdayCondominium864 sfRM2,200
2 May 2024Condominium864 sfRM1,800
9 May 2024Condominium850 sfRM1,500
9 May 2024Condominium864 sfRM1,400
9 May 2024Condominium864 sfRM2,000
9 May 2024Condominium864 sfRM1,500
9 May 2024Condominium864 sfRM2,200
9 May 2024Condominium850 sfRM1,400
9 May 2024Condominium864 sfRM2,200
9 May 2024Condominium864 sfRM2,200
0 user comments on Permai Village