BandingHouse

Granito @ Permai

Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Granito @ Permai have sold for a median of

RM485,500

RM564 psf on the recorded floor area

RM452,500median RM485,500RM499,250

Half of the 22 recorded sales fell between RM452,500 and RM499,250. One in ten went under RM438,000, one in ten over RM518,000. Sales run from 8 April 2022 to 31 October 2025.

Up 8% from a RM483,000 median in 2024 to RM520,000 in 2025.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2022RM438,000RM509 psf3
2023RM468,000RM544 psf1
2024RM483,000RM561 psf13
2025RM520,000RM604 psf5

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Granito @ Permai sits 101 of 154 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Granito @ Permai’s own median is RM485,500 — higher than that state median. Full Penang table.

Cash and monthly on the RM485,500 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM48,550
  • Transfer duty (MOT): RM8,710
  • Loan duty (0.5%): RM2,185
  • Total cash: RM59,445
  • Qualifying first home: RM48,550 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,935
  • Total monthly: RM1,935

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Granito @ Permai sold for?
A median of RM485,500 (RM564 psf), from 22 land-office transactions between 8 April 2022 and 31 October 2025.
What is a typical band here?
Half of recorded sales fell between RM452,500 and RM499,250. One in ten went under RM438,000; one in ten over RM518,000.
Has the median moved?
From RM483,000 in 2024 to RM520,000 in 2025 (+8%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.