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Muze @ PICC

January 11th, 2019 Leave a comment 中文版

muze-picc

Muze, the first phase of residential offerings at Penang International Commercial City (PICC) integrated development by Hunza Group. This 43-acre development is strategically located within the vicinity of Bayan Baru township, just mere minutes drive away from Penang International Airport. It’s about 10 minutes walking distance to sPICE.

PICC is made up of a few components – Residentials, BPO Offices, a 5 Star Hotel, Hospital and a Shopping Mall. The first residential component, Muze, comprises two 58-storey towers featuring 846 residential units with 10 levels of car parking podium.

Project Name: Muze
Location: PICC, Bayan Baru, Penang
Property Type: Residential
Built-up Area: 1,050 sq.ft. onwards.
Indicative Price: RM800,000 onwards.
Total Units: 846
Estimated Completion: 2022
Developer: Hunza Properties Bhd.

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Categories: Bayan Baru Tags: , ,
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  1. Macha
    January 11th, 2019 at 13:56 | #1

    That’s at least RM762 psf, crazy high for Bayan Baru especially in current soft market, the developer must be out of it’s mind

  2. busy buyer
    January 11th, 2019 at 16:16 | #2

    @Macha
    is really insane, all the best to this developer

  3. monchichi
    January 11th, 2019 at 21:11 | #3

    Every time a developer launches a project we say the same thing… I guess in property there is never such thing as crazy… LOL

  4. williamyl
    January 14th, 2019 at 07:44 | #4

    I think still got many rich investor will go in…….

  5. HunyaKuih
    January 14th, 2019 at 21:32 | #5

    This project is over density and over priced, those who buy might face the consequence of drop in prices upon completion. Good Luck

  6. PK Liew
    February 9th, 2019 at 14:36 | #6

    The price of this property is extremely ridiculous. With RM800K, I might as well buy a terrace house instead.

  7. williamyl
    February 11th, 2019 at 16:29 | #7

    the selling point is shopping mall and LRT…..
    the show house is superb with the nice layout….
    weak point is price too high :p

  8. ryu
    February 11th, 2019 at 23:47 | #8

    Its good to see that PICC launched at RM 80 per sq ft, it will bring the neighbouring property to the new pricing as well. We can see that Fairview (BSG) already coming to RM 400k to RM 450k and it is affordable condo.

  9. Optimus
    February 12th, 2019 at 11:52 | #9

    @ryu
    Lai Lai Lai, sapu fast. RM 80 per sq ft nia……cheap cheap

  10. Ryu
    February 12th, 2019 at 17:27 | #10

    @Optimus, sorry for typo error.It should be RM 800.00 per sq ft. Hong Kong people and those working in SG will buy since it is PICC~

  11. nomoneytobuy
    February 25th, 2019 at 14:05 | #11

    ya .. so expensive .. go stay in tanah merah which will be much more cheaper ha ha ha ha
    this is so over price and over density ..
    tanah merah Rm2/sf only and nearly 0 density !!
    go go go !! dont want until too late !!!

  12. James
    March 8th, 2019 at 08:03 | #12

    Not bad..

  13. JY
    May 6th, 2019 at 15:47 | #13

    How was this project response?

  14. vincent
    June 7th, 2019 at 22:00 | #14

    I heard 40% sold since the 1st launch in late May although pricing is Sky high. Seem still attractive?

  15. Simon
    June 20th, 2019 at 13:09 | #15

    It’s the location.. way front compare to Relau and Sungai Ara. At least way off the daily congestion.. and it’s quite near distance to town, even getting back from town.. LRT is a factor as well..

  16. Jackpg
    July 21st, 2019 at 09:56 | #16

    This is selling for >RM1M for 1.4k sqft. Developer says they will build flyover from Bukit Gambir to their site and underpass from big round-about directly to their site. The people who are paying this price is also funding all this infrastructre.
    Let’s face it, there is nothing unique about this location. The project is just overlooking some old apartments and BJ area across. There are many other new condos in that area(Sg Nibong) and the price is <RM1M for such a high density condo. It is at least RM200k over priced.
    Hold on to this, it is buyers market now. A lot new properties are not selling well and they are in the auction list.

  17. QP
    July 21st, 2019 at 21:04 | #17

    Need advise…. between Queens Residence vs Muze.

  18. Mark
    August 2nd, 2019 at 11:19 | #18

    People always saying the market is soft now. What’s really soft now is the secondary market, u will still seeing people buying 1st hand property around because developer is giving rebates on the lawyer fee and low down-payment thing, thats a lot to save. And dont forget the HOC campaign extended till end of Dec. U may wait until the market to get better but then u will realize u got no bargain power anymore.

  19. alex
    October 8th, 2019 at 22:36 | #19

    @QP
    both is ok .. but do remember queens residence 8 months ago still ‘sea’ …

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