Register for our Property Exhibition! Penang International Commercial City (PICC) -Penang’s first smart city

Property Exhibition
Showcasing PICC (Penang International Commercial City)
Penang’s first smart city

Prices from HK$2M for over 1,000sq.ft. apartments
Inclusive of 2 parking spaces
*Limited-time exhibition only offer: full furnishing

Prices from HK$2M for 1,000 sq.ft. freehold apartments
Inclusive of 2 parking spaces
*Limited-time exhibition offer: full furnishing

11 & 12 December, 2021 (Sat & Sun)

11am to 7pm

JW Marriott Hong Kong Hotel – 3/Floor, Man Ho Chinese Restaurant (Admiralty MTR Exit F)

Act quickly!

Penang - a place like home
Suitable to invest, to live and to retire

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.

Why invest in Penang?

Strong economic foundation

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

Stable rise in property prices for over 10 years

Low entry prices of only HK$1,778 per sq.ft.

Favourable exchange rate over 10 years

MYR:HKD = 1:1.85 compared to the all-time high exchange rate of 2.65 in 2011

Penang has always been a top choice among Asian investors for the following reason:

Language & cultural similarities

59% of Penang Island’s population is of Chinese-ethnicity

Modern city environment with comprehensive amenities

13 international schools, 7 world-class medical centers, diverse shopping options, hiking trails, and delicious food

PICC (Penang International Commercial City)

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)

Learn More

Muze - PICC's first residential phase

Implementing the latest in smart home tech, experience an augmented lifestyle with personalised management of your home’s lighting, air-conditioning, and security by way of a mobile app and voice.
Muze offers a wide range of layouts for different lifestyle choices. The two towers soar skyward at 52 & 58 storeys. Buyers can choose from 3 to 4 bedrooms with sizes ranging from a comfortable 1,087 to 1,862 sq. ft., plus larger penthouse units. Muze offers breathtaking views of the Penang Golf Club, Convention Centre and the sea.
Muze also features a comprehensive range of facilities, including an infinity pool, aqua gym, multi-function court, mini theatre, e-games room, karaoke rooms and more

Show Flat Units

Type B

1,550 sq.ft.
4 bedrooms

Type E

1,098 sq.ft.
3 bedrooms

Type F

1,281 sq.ft.
3 bedrooms

Check out PICC’s Master Plan · Show Flat · Developer’s Positive Track Record

Penang has a wide range of international school offerings

Annual fees starting from only HK$11,000

  • Prince of Wales Island International School
  • Dalat International School
  • Straits International School
  • Fairview International School
  • Wesley Methodist School Penang
  • Uplands

PICC (Penang International Commercial City)

Limited-time exhibition offer

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.