The Standard (17 March 2022) Muze at Penang International Commercial City (PICC) Ad

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The Standard (17 March 2022)
Muze at Penang International Commercial City (PICC)

PICC (Penang International Commercial City)

The city’s first smart city development 

Prices from HK$2M for 1000sq.ft + apartments

 

Why has Penang emerged as popular property investment location for the people of Hong Kong ?

  • 59% Chinese population on Penang Island Ease of communication & culture similarities
  • Former British colony: upholding a common law legal system
  • Free trade zone: 300 MNCS & 3,000 SMEs in operation
  • The world’s largest semiconductor producer. Intel, has recently confirmed its USD7 billion further investment to build a new computer chip manufacturing facility
  • 13 reputable & affordable international schools

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