Selling NowleaseholdcommercialEst. 2028

Penang International Commercial City Developer

SENZE @ PICC

Name: SENZE @ PICC
Brand: Penang International Commercial City Developer
Availability: InStock

Penang International Commercial City (PICC), Bayan Lepas

From

RM 1.20M

RM 770–1100 PSF · Completion 2028

Get Brochure + Price List

📲 Price list 📲 Floor plans 📅 Site visit

Tenure

leasehold

Title

commercial

Total Units

1680

Completion

2028

From: RM 1.2M
PSF: RM 770–1100
Tenure: leasehold
Total units: 1680
Status: selling
Completion: 2028

Zac’s Take

Zac Ong

SENZE is a high-volume play inside PICC — 1,680 units is a big number and fully furnished. The LRT Mutiara Line station at PICC is the key investment thesis here: if the line delivers on schedule, this is one of the best-positioned mass-transit plays in Penang. Commercial title and leasehold are the two caveats. The fully furnished package sounds attractive but check the specifications carefully — developer furniture packages at this price point are often entry-grade. Best suited for investors targeting FIZ tech-worker rentals and people who need airport proximity.

Unit Types

Type A

915 sqft · 2 bed · 2 bath

RM 1.20M

📲 Register Interest

Type B

1200 sqft · 3 bed · 2 bath

RM 1.55M

📲 Register Interest

Type C

1561 sqft · 3 bed · 3 bath

RM 2M

📲 Register Interest

SENZE @ PICC unit types

Type	Config	Size (sqft)	Units	Car parks
A	2-bedroom	657	—	1
B	2-bedroom	753	—	1
C	2-bedroom	850–861	—	1
E	3-bedroom	1,302	—	2
F	3-bedroom	1,410	—	2
G	3+1 bedroom	1,496–1,528	—	2
D	4-bedroom	1,604–1,636	—	2
Total			—

Facilities

Swimming PoolWading PoolJacuzziSaunaSteam BathSky LoungeBasketball CourtSquash CourtJogging TrackReflexology PathMulti-Purpose HallLoungeCommunity GardenBBQ AreaCafesPlayground24-Hour SecurityCCTVAccess CardCovered Car ParkDrop Off PointSurauCovered LinkwaysSmart Home Features

What's nearby

🏥 Healthcare

Pantai Hospital Penang1.8km
KPJ Penang Specialist Hospital5.0km
Hospital Lam Wah Ee5.5km

🎓 Schools

SJK(C) Min Sin2.2km
Fairview International School Penang4.9km

🛍 Shopping

PICC Shopping Mall100m
Queensbay Mall3.0km
Sunway Carnival Mall6.0km

Monthly Instalment Calculator

Property Price (RM)Down Payment (%)Loan Tenure (years)Interest Rate (%)

Monthly Instalment

RM 4,847

Total Interest

RM 955,724

Total Outlay

RM 2,155,724

📲 Discuss financing options with Zac

Bayan Lepas — area snapshot

Full area guide →

Bayan Lepas is the island's industrial and tech hub, home to the Free Trade Zone and Penang International Airport. Condo demand comes primarily from professionals working in the area.

Price range

RM 300K – RM 1.0M

asking prices in area

Active projects

selling or under construction

Subsale condos

completed projects

Total tracked

properties in this area

Other projects in Bayan Lepas

Tropicana Bay Residences · RM 454K Avion Residence · RM 342K Forest Ville · RM 450K Goodwood Residence · RM 500K Havana Beach Residences · RM 300K London Pavilion · RM 418K Lucerne Residences · RM 664K Maldives Residences · RM 498K +8 more →

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

Purchase price (RM)

Downpayment (%)

First-time buyerForeign buyer

Downpayment	RM 120,000
SPA stamp duty	RM 32,000
SPA legal fee	RM 12,850
MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.	RM 32,000
Loan stamp duty (0.5%)	RM 5,400
Loan agreement legal fee	RM 5,400
Valuation fee	RM 2,000
Search, admin, misc	RM 1,000
Gross upfront total	RM 210,650

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

SPA legal fee absorbed

Panel lawyer provided by developer

− RM 12,850

Loan stamp duty absorbed

0.5% on loan amount

− RM 5,400

Loan legal fee absorbed

Loan documentation fees

− RM 5,400

MOT stamp duty absorbed

Rare — confirm with developer

—

Cash rebate3% = RM 36,000

0%5%10%

Total developer savings− RM 59,650

Net upfront (after savings)

Based on typical 2026 new launch package

RM 151,000

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

How much is SENZE @ PICC?

Units at SENZE @ PICC start from RM 1.20M (around RM 770–1100 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is SENZE @ PICC freehold or leasehold?

SENZE @ PICC is leasehold — typically a 99-year lease from the original grant. This doesn't materially affect own-stay value, but leasehold properties may need state consent for resale and the land reverts at lease end.

When is the expected completion / VP?

Expected Vacant Possession is 2028, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Can foreigners buy SENZE @ PICC?

Yes — SENZE @ PICC meets the Penang state foreign-buyer minimum (RM1M stratified on Penang Island, RM600K mainland). Foreigners pay a 3% state levy (island) plus state consent fees on top of standard transaction costs. Full walkthrough: see the Penang foreign buyer guide or message Zac directly.

Who is the developer of SENZE @ PICC?

SENZE @ PICC is developed by Penang International Commercial City Developer. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

From

RM 1.2M

SENZE @ PICC

Chat with Zac now