2 Permai

2 Permai a freehold residential property project by BSG Property located in Tanjung Bungah, Penang just opposite the Tunku Abdul Rahman (TAR) College.

2 Permai consists of 184 units of 3-storey terrace with lot size measuring at 22' x 69' and 22' x 73'. Each terrace unit has a gross floor area of approximately 3,400 sq.ft. and 3,800 sq.ft. comes with 6 bedrooms and 5 bathrooms.

Property Project : 2 Permai
Location : Tanjung Bunga (Property for sale & rent in Tanjung Bungah)
Property Type : 3-Storey Terrace (House for sale & rent)
Tenure : Freehold
Land Area : 22' x 69', 22' 73'
Built-up Area : 3,400 and 3,800 sq.ft.
Total Units : 184
Developer : Taman Sri Setia Sdn Bhd (BSG Property)


February 22, 2010 at 5:58 PMnoble

there's a permai village masterplan to be viewed at BSG's permai office

February 22, 2010 at 10:12 PMPenangGuy

Got show house?

February 22, 2010 at 11:01 PMNick

what is the price per unit?

February 23, 2010 at 9:34 AMlee

Show House is ready for viewing, and the selling price is RM1,288,000/- onwards.

February 23, 2010 at 10:12 AMchew

Terrace houses selling from 1.28M onward.

February 23, 2010 at 4:38 PMlee

Hi! Chew, then do u know 2 storey terrace house at Concord Garden worth how much today

February 23, 2010 at 11:04 PMDavid

Imagine you buy 2 units attached together it cost you RM2.4mil for 3036sq.ft.???? 3-storey terrace only nia...
I think a double storey bungalow with land area apx.6000-6500sq.ft. cost only about RM2.5mil, new or renovated....
One of my friend bought a bungalow at Beverly Hills recently, only about RM2.2mil for 7000sq.ft plus, double storeys.
E&O 3 storeys bungalow (the villa by the sea) 5000sqft. about RM3mil only...even RM3.3mil also better buy...
If I'm going to buy, I'll think the positive side, try compare it with Quayside...definitely won't regret.

February 24, 2010 at 11:10 AMnoble

David, u have no idea what you are talking about, comparing apples and oranges.

Here'a analogy using condos e.g. 2000 sf at KLCC fetches 2000 psf at RM4mil each; whereas 6000 sf fetches 1200 psf at RM7.2mil each. The bigger the size, the lower psf. So, you can't compare directly because they belong to different segments.

FYI, small water villas for the Light going targetted to go from 12mil to 15 mil. try to compare that!

February 24, 2010 at 11:14 AMnoble

For 800 psf, u think Quayside is value for money... what a joke. Try walk across the street to Fettes Residence, it's at 400 psf. Get your facts before trying to sell your project E&O boy.

February 24, 2010 at 12:09 PMjeremy tan

no need to argue guys, both of you are right. These are 2 different markets, like what noble said it is an apple and orange situation. Both markets have their advantages as they offer different kind of design and lifestyle living.

The uptake rate speaks for itself.

Chill guys : )

February 24, 2010 at 12:22 PMlee

Jeremy, You are right. At this point of time, no market price in Penang anymore. There is only how much the owner wants to sell, take it or leave it.

February 24, 2010 at 12:28 PMjeremy tan

yes lee, what you said is very right. In Penang, there is no such thing as the price is right. If the buyer likes it, they will pay for it. After all, land and properties in penang are limited. There can be only so much owners on this island.

If you think it is too expensive, then someone else who can afford it will buy it.

: )

February 24, 2010 at 7:14 PMAndrew

This is just my opinion.
The price is too high. You can get a bigger house in a better location for that price, especially in the 2nd hand market.

February 24, 2010 at 11:45 PMGnek

Like it or not, all units (remaining units of PII and PIII) have been taken up, bumi units included!

The corner-unit showhouse (complete with Interior Design) was snapped up too, at a cost of mere RM2mil. :-)

These terraces are not cheap but savvy buyers are not dumb either. The combination of a reputable developer (Boon Siew group) and quality finishing still works like a charm. The low housing loan interest rate may be another contributing factor to the quick sales.

May 14, 2010 at 6:11 PMKen Saw

Hi Owner,

If you wished to let go your unit, kindly contact me. Thanks

Ken 0124996599/0164226599

May 29, 2010 at 2:08 PMGrace


Please let me know if there is any unit available for sale. Thanks

email: jerrychangss@hotmail.com
contact: 0124808823

June 7, 2010 at 1:48 PMHouse

anyone care to comment on what the difference is between permai 1 and permai 2? permai 2 land area does not seem much bigger. perhaps built up also bigger than permai 1. but why the big price difference?

July 1, 2010 at 11:01 PMLoh

HAHA.. Here it comes, There's a unit for sale now!! LA:22x69=1518sf, BU:3400sf, 6 rooms 5 bath rooms, OC will obtain around this year end. asking price RM1.2 MILLION.

I'M LOH 016-4194460

July 5, 2010 at 2:32 PMnoble

'House'.. this is rotational play. They've finished with the 1 Permai frenzy and now it's 2 Permai. These ppl are 30% 'shelvers'. 1Pmai 600k to 780k, 2Pmai, 750k to... suppose to be 975k but mother luck created recent frenzy with the price run at southbay & tg pinang and so, the trick then became pricing at 60% above purchase price!! regardless of the slash, the 30% margin is there because people are too embarrassed to slash from 1.2 mil to below 1 mil right??!! They then move to nine-ten, then to the gated development in the middle of the permai village, then detached villas next to TARC and round and round it goes. U got the cash, u got the game. Cheers!

July 5, 2010 at 2:35 PMnoble

Oh, 'House' btw, check out the student houses at 1Permai - all controlled by BSG. Contrast that to BSG brochure of 1Permai.

Now, take 2Permai's brochure & keep in your file. Contrast that to the actual development & how it would end up. Pay 1.2 million & stay next to student house! Can u imagine? I put my money on Tg Pinang anytime, despite the Tsunami.. haha. Cheers again!

July 27, 2010 at 9:41 PMhome

1 unit for SALE - 2Permai

Asking : RM1.288 mil

Interested please contact : 012-4072900

August 28, 2010 at 2:23 PMLoh

1 PERMAI asking 828K negotiable.

2 PERMAI (3 units available)

price from 1.18M-1.25M negotiable.

CALL LOH for more info. 012-4306397

August 28, 2010 at 10:47 PMCM

hi noble, your view is interesting. i am just surprise if there are really buyers willing to pay such exorbitant price. buyers are very savvy these days. anyway, we shall see whether there are really takers.

for southbay, maybe i can understand a little... coz of the close proximity to the 2nd bridge. but then again, staying close to industrial area ain't that good either. this is just my personal opinion. no hard feelings to southbay buyers. for own stay, i feel sp setia is still a nicer place and comparing with the others house prices as this is one of the cheapest, best value for money now. i wonder whether sp setia is a good investment to buy now and keep for a few years in hope of capital appreciation. for such big house, other places such as are selling for more than $800-$900k.

any advise on good property to invest in penang? i'm looking at gurney park. what do you guys think? thanks.

September 3, 2010 at 1:29 AMesther

1 unit for sale 1.15m nego
kindly contact if interested
016-4570333 ms.esther

September 9, 2010 at 8:41 AMdavid

1 unit for sale at RM1.15mil nego
Any further information please contact
David 0164412381

September 14, 2010 at 2:05 AMRobert Low

End lot unit
Asking RM 1.2m

Robert 0125524555
Eddy 0125012777

September 27, 2010 at 3:48 AMSeason

>>>>>>>>>FOR SAlE<<<<<<<<<<<

Land Area : 22 x 69
Built Up : 3400sf
Price From :1.10 mil

Call for more info: 0124332229
Email: Seasoning888@gmail.com

September 27, 2010 at 4:26 AMlove

1 unit sell 1.06m
012 4088 430

September 27, 2010 at 5:20 PMKen Saw

LA: 22'X 73'
BU: 22' X 48'

KEN 0164480183/ Miss Lee 0164226599 (agent)

September 27, 2010 at 5:21 PMKen Saw




KEN 0164480183/ Miss Lee 0164226599 (agent)

September 30, 2010 at 1:04 AMSeason

>>>>>>>>>>>>FOR SALE<<<<<<<<<

Land Area : 22 x 69

Built Up : 3400sf

Few units for sale From
----1.07Mil onwards----

Kindly call for viewing 0124332229/0168834347

October 6, 2010 at 5:08 PMTan

<< 2 Permai Terrace >>

3 storey terrace
LA : 22 x 73 (1500sft)
BU : 3400 sft

original unit : RM1.2M (Neg)
Renovated and Furnished unit : RM1.3M (Neg)

Jaycus Tan 017-2262899

October 6, 2010 at 8:17 PMang

2 permai for sale

Phase 1
3 storey terrace
LA: 1500sf
BU: 3400sf
Fully renovated & fully furnish
RM1.3mil (nego)

Phase 2
3 storey terrace
BU: 3400sf

Phase 3
3 storey terrace
BU: 3800sf

Interest pls call
miss ang

October 8, 2010 at 2:00 PMSeason

>>>>>>>>FOR SALE<<<<<<<<

-Land Area:22'x69'
-Built Up:3400SF

Asking price from '1.08MIL'

Kindly call for viewing @0124332229


October 20, 2010 at 5:00 PMNicholes

For Sale :

-LA : 1518sf

Asking RM 1.15 mil (Nego)

Interested pls call : Nicholes 016-4874037

October 29, 2010 at 11:11 AMRonz

For Sale

land area 1518sf
build up 3400sf
3s terrace

Contact : 016-4757775 Ronald

November 16, 2010 at 6:21 PMRonz

For Sale

Corner unit
1.4mil ( morning sun )

1.1 mil ( morning sun )

Contact : 016-4757775 Ronald

November 23, 2010 at 5:55 PMAmos





016-422 1175

November 23, 2010 at 8:53 PMChinKeat

I have 1 unit for sale 1.1Mil

Interest please contact
Eugene LIM 016-432 9199

December 2, 2010 at 1:45 PMDarren

*Two Permai Boon Siew
*Tanjung Bungah
*3 storey terrace
*Build up 3400sqft
*Land area 22x69=1518sqft

More detail please CALL
Darren 0124771515

January 6, 2011 at 6:34 PMpopular management

2permai for sale

seling price:rm1.1mil nego


January 8, 2011 at 12:30 PMchloe

2 Permai phase 1 for sale RM1.15mil
for view pls email to yi070500@hotmail.com arrange

January 12, 2011 at 3:03 PMks

1 unit for sale

Oc Obtain Soon!!
Asking Price:1.05mil Only!!

Pls Contact:Mr.P'ng
(Real Estate Negotiator)

January 13, 2011 at 7:33 PMy

***~2 Permai for SALE~***

*Brand New 3 Storeys Terrace
*Located at Tanjong Bungah
*6 Bedrooms 5 Bathrooms
*Build up: 3400sf
*Land area: 22x69
*Asking: RM1.25M

Pls contact Lim 012-662 8452
or email: ylim118@gmail.com

January 13, 2011 at 9:46 PMCane

2 Permai For Sale:

facing East

facing west

M s . L o w
0 1 2 - 5 5 9 2 1 2 2

buy/ sell/ rent/ lease:

January 22, 2011 at 10:44 AMP.T.

2 Permai For Sale

22x69 Built-up Area 3400 sq.ft

located at No.33,Lintang Lembah Permai 3

Rooftop balcony with panaromic view overlooking Linear Park with no immediate neighbouring unit after back lane.

Asking Price 1.28M (Negotiable)

Contact Owner Direct - No messing about with Agents.

Contact No; +6012-4991098

January 28, 2011 at 3:53 PMChris

Permai 2 for sale
Just OC brand new unit
22' x 69' , land 1518sf
Built up appr 3000sf
Asking 1.25m neg

Interested pls call 012-4309599, Eric
Office : 04-2106361

Carey Real Estate (Pg) SB

February 6, 2011 at 3:58 PMFaryna

2 Permai

OC Obtained
- 3 sty Terrace
- 22' x 69'
- Built up 3000sqf
- 6 rooms
- 5 baths

FOR SALE RM1.25million

Interested pls call Faryna 012-493 3960
or email faryna@hotmail.com

February 10, 2011 at 1:05 PMVirtue

Quick sale at priced to sell. Interested party pls contact vitedge@gmail.com for viewing. thanks

February 10, 2011 at 4:50 PMraymond

Anyone buying their new project Permai Gardens? I went there yesterday, only few units left. 1.38 mil for a 3 storey terrace.

February 16, 2011 at 11:29 AMFaryna

2 Permai

21/2 Sty Terrace House
Size 22' x 69'

Few units FOR SALE RM1.25million onwards

Interested pls call Faryna 012-493 3960
or email faryna@hotmail.com

February 18, 2011 at 2:25 PMTony

2 Permai 3 Storey Terrace , good house no , facing road and school .

Brand New 1 unit for sale RM 1.25 mil

Call 016-4162668 for Mr Tony

March 4, 2011 at 5:23 PMSteven

Launched price RM1.288Mn, currrent selling price RM1.130M. Real demand and supply play?

March 4, 2011 at 5:39 PMM

oh,oh, is this a first sign of a property meltdown? Those who bought during the high run-up in late 2009 and 2010 would get quite burned? Hope I'm wrong.

March 12, 2011 at 10:23 AMFelix The Cat

Hi Steven / M

I know of some owners who got it at RM899,888 pre-launch price.....

June 16, 2011 at 10:04 AMWarner

I went there and take a look, kind of lots of college students stay in that area. It become student hostel area.

October 25, 2011 at 2:34 PMpt

The previous comment made on above date was not logged in and hence message cannot be removed by author.

EDITOR of APARTMENT PENANG Please assist to have the previous post removed.

Thank You.

November 26, 2011 at 4:43 PMEric

Alarming changes in Tanjung Bungah Permai area. Sri Setia wants to change plans and to build 2 32 story apartment blocks near to Jalan Lembah Permai and one 9 story block with 24 apartment per level near to Lorong Lembah Permai 4. People which have bought already, please complain to Penang City Council and MPPP. Potential buyers, please be alerted. It will be horrible conditions afterwards with a lot of noise, dirt and a lot of people and traffic when really approved and completed. A resident from Lorong Lembah Permai 4

November 26, 2011 at 7:23 PMelearnblog

It is such a nice and quiet area. How would so many apartments feed into that main Jalan Lembah Permai road. I hope it is not greed that the developer is doing this as it is self-defeating for them in the long term.

July 21, 2012 at 9:20 PMlim

Reported in Sin Chew news today.

5 cases of robbery by Indon.

Lembah Permai 9.

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