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Investors look to the geopolitical haven of Malaysia to park their money

Muze @Penang International
Commercial City (PICC)

Prices from HK$2M for over 1,000 sq.ft. apartments, inclusive of 2 parking spaces

A landmark smart city development

muze at penang international commercial city (picc)
Asia Pacific property awards jade land properties

Jade Land Properties

Asia Pacific Property Awards 2021-2022

Best Real Estate Agency Marketing
Hong Kong

Muze @PICC's
Hong Kong Exclusive Agent

Register for a Private Presentation

1 to 30 April, 2024

Mon to Fri: 9:30am to 6pm
Sat: 9:30am to 4pm

Unit 701, 7/F, Winway Building, 50 Wellington Street, Central
(Next to Yung Kee Restaurant / Central MTR Exit D2)

*By prior appointment only

Why invest in Malaysia now?

Malaysia registered a robust 8.7% GDP growth in 2022
- Asia's fastest growing economy

Driven by a strong revival in tourism, rising commodity prices and robust external demand for semiconductor exports

Asia's major exporter of oil and the world's second largest palm oil exporter

Investing in Malaysia acts as a hedge against inflation as the Ukraine war pushes global commodity prices higher

An alternative manufacturing base to China

Given China’s ongoing battle with covid-19, companies are turning to Malaysia to secure their supply chains, especially in the area of semiconductor production

Why are Malaysia properties ideal for investment?

Foreigners can own both freehold apartments and land under your own name

Foreigners can obtain mortgage loans to finance their property purchase

Common law legal system

Former British colony
English is used in legal agreements

Zero inheritance tax policies

Favourable Exchange Rate

MYR : HKD = 1 : 1.68

Why Penang?

The Malaysian state with the highest GDP growth of 13.1% in 2022.

Dubbed the "Silicon Valley of the East" by BBC

Contributing 10% of the global semiconductor supply
Over 350 MNCs and 4,000 SMEs in operation
Penang’s approved manufacturing investments hit a record high of MYR76.2b in 2021 (surging 440% year-on-year)

59% Chinese population on Penang Island

Making for cultural and language similarities

A major tourism hub

Penang’s administrative capital of George Town is recognised as a UNESCO World Cultural Heritage Site since 2008
7.5M annual visitors
Malaysia's preferred medical tourism destination

Upcoming mega infrastructure upgrades

Expansion of Penang International Airport
The Penang Master Transport Plan

Penang International Commercial City (PICC)
A landmark smart city development

Prime location: Located in Penang’s new business district of "Bayan Lepas"

Adjacent to the Bayan Lepas Free Trade Zone, Penang Golf Club, and Convention Centre

A comprehensive mixed-use development

Comprising of residences, shopping mall, F&B boulevard, central park, A-grade offices, 5-star hotel, and medical center

Connected to an LRT station

Crafted by reputable Penang-based developer Hunza Properties Group

With a history of over 45 years and over 20,000 residential & commercial properties completed to date

"Hunza Care" property management by the developer

Leasing/re-sale, maintenance, airport pick-up

Freehold

Simon Electric smart home system included

About Jade Land Properties

A Hong Kong EAA-licensed agency established in 1993

We are the Exclusive Agent in Hong Kong for Muze @PICC as appointed by Hunza Properties Group.

Jade Land Properties is an award-winning boutique real estate agency based in Hong Kong with a history of close to 30 years. 

We identify auspicious markets abroad and handpick quality developments to assist our clients in building their international property portfolio. 

Jade-Land-Properties-hong-kong-real-estate-agency-team-翡翠島-地產-香港代理-團隊

Hear what our clients have to say

In December 2021, Jade Land Properties secured UK private equity firm's bulk investment of 20 units in Muze @PICC.

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Jade Land Properties (HK) Limited and the respective vendor give no warranty as to the completeness or accuracy of the information contained herein. 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: 12 April, 2024. 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. The 3 Day 2 Night Viewing Trip is subject to booking of a unit in Muze @PICC, and additional terms and conditions. Jade Land Properties (HK) Limited and the respective vendor reserve the right to refuse service to anyone at our discretion and without details or reasons.

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