penangproperty
SENZE @ PICC — Penang International Commercial City (PICC), Bayan Lepas
Selling NowfreeholdEst. 2027

Hunza Properties Group

SENZE @ PICC

Penang International Commercial City (PICC), Bayan Lepas

From

RM 705K

RM 1073–1300 PSF · Completion 2027

Tenure

freehold

Title

TBC

Total Units

1680

Completion

2027

From
RM 705K
PSF
RM 1073–1300
Tenure
freehold
Total units
1680
Status
selling
Completion
2027

Price at a glance

Prices as at November 2026 — Developer prices basis. Last checked 2026-10-12. The project has not completed — no resale market yet.

Unit typeSize (sqft)Price fromPSF from
All units657–2,142RM705,000RM1,073
Z

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 case here: if the line delivers on schedule, this is one of the best-positioned mass-transit plays in Penang. It is freehold; the commercial title is the main caveat. 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.

SENZE @ PICC price list 2026

0 of 7 unit types have a published price · completing 2027

TypeSize (sqft)Price fromPSF (derived)Units
A2-bedroom657On application——
B2-bedroom753On application——
C2-bedroom850–861On application——
E3-bedroom1,302On application——
F3-bedroom1,410On application——
G3+1 bedroom1,496–1,528On application——
D4-bedroom1,604–1,636On application——

PSF is derived, not quoted — each row divides that type's price by its own square footage. Developers do not always state whether a published size is built-up or nett, and the two can differ by 20%. Ask for both in writing before you sign.

Developer price — the project has not completed, so there is no resale market to compare against, last checked 2026-10-12. Developers reprice between phases — confirm the current list before committing.

No published unit type clears the RM1M foreign-buyer minimum, but 7 types are priced on application — those may qualify. Ask before ruling the project out.

7 unit types are priced on application

Usually the penthouses and duplexes — developers hold those back rather than publish them. I can get you the current figure and the floor plan directly.

📲 Ask for the current price list

SENZE @ PICC completion date

SENZE @ PICC is expected to complete in 2027.

Read that as the developer's target, not a guarantee. What matters contractually is the vacant possession date in your SPA — 36 months from the sale and purchase agreement for a strata title under the Housing Development Act, with liquidated damages payable if the developer misses it. A launch year quoted in marketing and the VP date you can enforce are different things, so check the SPA schedule before you plan a move-in or a tenancy.

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 Penang
  • Hospital Lam Wah Ee

🎓 Schools

  • Fairview International School Penang

🛍 Shopping

  • PICC Shopping Mall
  • Queensbay Mall

Monthly Instalment Calculator

Monthly Instalment

RM 2,848

Total Interest

RM 561,488

Total Outlay

RM 1,266,488

Estimates only — not an offer, quotation, or representation of the developer's actual pricing or package. Actual instalments depend on the bank's approved rate, tenure and margin of financing.

📲 Discuss financing options with Zac

Other projects in bayan lepas

All 14 others we track here, cheapest first — 4 of them still selling.

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 315K – RM 930K

asking prices in area

Active projects

4

selling or under construction

Subsale condos

10

completed projects

Total tracked

15

properties in this area

Total Cost Breakdown

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

DownpaymentRM 70,500
SPA stamp duty (tiered 1–4%)RM 15,150
SPA legal feeRM 8,300
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 15,150
Loan stamp duty (0.5%)RM 3,173
Loan agreement legal feeRM 3,173
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 118,445

New launch — typical developer savings

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

Cash rebate3% = RM 21,150
0%5%10%
Total developer savings− RM 35,795

Net upfront (after savings)

Based on typical 2026 new launch package

RM 82,650

Estimates only, based on 2026 Penang state rules — not an offer, quotation, or representation of the developer's actual package. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

What is the price of SENZE @ PICC?

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SENZE @ PICC runs RM705,000 to RM5,671,000. That is the developer's price. The project has not completed, so there is no resale market to compare against yet. That works out to about RM1,073–1,300 per square foot. Checked 2026-10-12.

Is SENZE @ PICC freehold or leasehold?

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SENZE @ PICC is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.

Can a foreigner buy at SENZE @ PICC?

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Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property, which the entry price does not clear. MM2H participants have a lower minimum of RM500,000 (residential, up to two homes), which opens the cheaper units too. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.

When will SENZE @ PICC be completed?

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SENZE @ PICC is expected to be completed in 2027, by Hunza Properties Group. That's the developer's target. The date that counts is the handover date in your sale agreement, which under Malaysian housing law is usually 36 months from signing.

How big are the homes at SENZE @ PICC?

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Homes range from about 657 to 2,142 sq ft. There are 1,680 homes in total. With that many, expect plenty of similar units on the market when you come to sell.

What is SENZE @ PICC?

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A freehold serviced-residence development within Penang International Commercial City (PICC), Bayan Lepas — 1,680 units, expected completion in January 2027. Fully furnished units near the proposed LRT Mutiara Line.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 705K

SENZE @ PICC

Chat with Zac now