ALILA²
Powered by NAPIC + DOSM data
Generated 30 April 2026
Developer
—
Location
Tanjung Bungah, Penang
Type
Condominium
Price
TBA
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Without confirmed pricing details, prospective buyers cannot assess affordability or compare competitiveness against similar Penang developments; transparency on pricing structure is essential for informed investment decisions.
- •**Location & Connectivity**: Tanjung Bungah offers established residential appeal and proximity to Georgetown, though the absence of MRT connectivity limits public transport options and may reduce long-term accessibility compared to developments along planned transit corridors.
- •**Risk & Timing**: Critical project details remain undisclosed (completion date, tenure type, developer track record), creating uncertainty around investment timeline and regulatory compliance; buyers should seek clarification on these fundamentals before commitment.
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Completed project — no construction risk
Is this project priced fairly?
Price comparison data not available for this project.
Pulau Pinang — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM470,000 | — |
| 2022 | RM482,000 | +2.6% |
| 2023 | RM495,000 | +2.7% |
| 2024 | RM508,000 | +2.6% |
| 2025 | RM520,000 | +2.4% |
Est. Monthly Rental
—
Based on similar properties in Penang
Gross Rental Yield
4.5%–5.5%
Annual rental / property price
Area Price Trend
+10.6%
NAPIC data 2021–2025
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
DOSM income data for Penang
Median Household Income
RM6,502/mo
DOSM 2022
Mean Household Income
RM8,267/mo
DOSM 2022
Households Above RM8k
~37%
Estimated for Penang
Why Consider
- • Located in Tanjung Bungah, Penang
- • By Developer
Risk Factors
- • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from NAPIC, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.