Similar to Hong Kong, Penang is a scenic coastal city comprising of an island and a peninsula. It is also a former British colony where beautiful heritage buildings can be observed throughout the city and a common law legal system is utilized. Penang also has a Chinese-majority population making for ease of communication and cultural similarities for Hong Kong people.
It is one of the most economically vital regions in Malaysia and it is the second largest city by population.
A manufacturing hub with over 300 MNCs and 3,000 SMEs currently operating in Penang’s Free Trade Zone. Specialising in the production of semi-conductors & other high-tech products
Low entry prices of only HK$1,778 per sq.ft.
MYR:HKD = 1:1.85 compared to the all-time high exchange rate of 2.65 in 2011
59% of Penang Island’s population is of Chinese-ethnicity
13 international schools, 7 world-class medical centers, diverse shopping options, hiking trails, and delicious food
Located in Penang's new commercial center of Bayan Lepas - adjacent to the Free Trade Zone, Penang Golf Club & Convention Centre
It is Penang’s first comprehensive mixed-use development consisting of a shopping mall, F&B Boulevard, medical centre, park, 5-star hotel and residences
Directly connected to an LRT station allowing easy access to the Convention Centre, George Town and Penang International Airport
A holistic property management service is provided by the developer, including: leasing and re-sale, cleaning & maintenance, and more
Freehold title - pass on the property from generation to generation tax-free (Malaysia does not have inheritance tax)
1,550 sq.ft.
4 bedrooms
1,098 sq.ft.
3 bedrooms
1,281 sq.ft.
3 bedrooms
Jade Land Properties (HK) Limited 翡翠島物業(香港)有限公司 and the respective vendor give no warranty as to the completeness or accuracy of the information contained herein. Travel times are approximate and are sourced from Google Maps. The selling price is correct at the time of printing. The information contained herein does not form part of an offer or contract. Prices and details are correct at the time of publishing. Our sales representative for overseas property work exclusively in relation to properties outside Hong Kong and, unless stated otherwise, are not licensed under the Estate Agents Ordinance to deal with Hong Kong properties. Property No.: JL0003. Date of Advertisement: 28 June, 2019. SPOB No.: C-057255-A000. Agent: Jade Land Properties (HK) Limited. EAA Licence No.: C-057255. Place of business: Unit 701, 7 Floor, Winway Building, 50 Wellington Street, Central, Hong Kong. Developer Licence No.: 10294-304-2021/0373(L) Advertisement and Sale Permit No.: 10294-304-2021/0373(P). Approving Authority: Majlis Bandaraya Pulau Pinang. Purchasing uncompleted properties situated outside Hong Kong is complicated and contains risk. You should review all relevant information and documents carefully before making a purchase decision. If in doubt, please seek independent professional advice before making a purchase decision.