Granito is upcoming affordable housing development occupying 4.29 acres by BSG Property in Tanjung Bungah. It is strategically located next to TAR College, adjacent to 2 Permai luxury residential scheme.
This development will have 50-storey building with two residential towers and 12 levels of car park. There are 980 units of affordable homes with built-up area of 864 sq.ft. 3 bed 2 bath.
Property Overview:
Project Name : Granito @ Permai
Location : Tanjung Bungah, Penang
Property Type : Affordable housing + Public Unit
Total Units : 980
Built-up Area: 864 sq.ft.
Land Tenure: Freehold
Indicative Price : Public unit from RM428k onwards
Developer : BSG Property
Expected completion: 2022
Granito Location:
Granito Layout Plan:
bedroom 1 
bedroom 2 
Living room
There’s 2 tower in total for Granito
Tower A consist of 10 units facing seaview, 6 units with hill view, and 1 units for TARUC view.
Tower B consist of 5 units with hill view, 7 unit facing TARUC view.
Granito Facilities:
Packages and Details:
- Completion: 2022
- Maintenance: RM0.20+10% psf ( Around RM190.10)
- Booking: RM 10k
- Documentation fee Absorbed
- Ceiling Height 9 ft
- 3 tiers security: Maindoor, Lift, Guard House
- Different view different pricing.
- For Public unit price starting from RM428k onwards.
- Bonus: FREE heater and A/C(starts from 1 unit)
Verdicts:
There’s a saying in the market that A REALLY Good project doesn’t need any package. Granito seems to be the matching the saying. with 864sqft that comes with 3 bed 2 bath, for public unit after 5 years from the date buyer sign SPA, they will be able to rent to TARUC students. With walking distance, full facilities, and Seaview; it’s no brainer to become first choice for TARUC students to rent.
Of course at the price of 428k, taking 35 years of loan buyer should be able to breakeven with Rental price between RM1,800 to RM2,000. But we all know Penang rental yield is not high compare to KL. The only way to achieve it is to partition to another 2 room from the layout. 5 rooms with RM500 avg rent per room will make this property a cash cow~
Interested Prospect feel free to drop your enquiry here.
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Drop a message to one of our Agent, 011-56208268(whatsapp) Mr Yew to schedule exclusive showroom visit appointment.
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