Bayan Baru · Subsale Market
Muze@PICC Subsale — Bayan Baru, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Muze@PICC is a completed freehold condominium in Bayan Baru, Penang, completed in 2023 by Hunza Properties Group. It has 846 units. Subsale asking prices currently run about RM710–1047 per sq ft (from roughly RM 880K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-04.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,087–1,862 | RM880,000 | RM710 |
Zac’s Take
Zac Ong
Muze @ PICC is Hunza's freehold condominium at the Penang International Commercial City in Bayan Baru, a short drive from the Bayan Lepas industrial zone and the airport, completed in the early 2020s.
It's priced above most of its neighbours: three- and four-bedroom homes list at roughly RM880,000 to RM1.35M, about RM740–870 per sq ft, with a typical 1,280 sq ft three-bedroom around RM950,000–985,000. Furnished homes rent for about RM2,600–2,900 a month.
What you pay extra for is a newer building from a developer with a good management record, in a part of Bayan Baru that's still growing around it. The larger units can clear the RM1M foreign-buyer minimum; the typical three-bedroom doesn't.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Muze@PICC subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Bayan Baru's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Muze@PICC.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
5 things to check before signing the Muze@PICC SPA
- 1.Sinking fund health — Confirm the current balance and whether any special assessment is pending in the next 12 months. A thin sinking fund on an ageing building means you inherit the bill.
- 2.Last 3 maintenance billings — Verify payment is up to date and no dues are outstanding from the seller — arrears transfer with the unit, not the person.
- 3.JMC minutes (last 12 months) — Look for recurring complaints, structural concerns, or planned major works. This is the single most revealing document most buyers never ask for.
- 4.Common-area condition — Physically walk the pool deck, lifts, lobbies, gym and parking ramps. Photograph anything concerning — it is negotiation leverage.
- 5.Management track record — Ask who manages the building and how long they have held the contract. Frequent turnover of managing agents usually signals a difficult JMB.
Muze@PICC price 2026
What Muze@PICC trades at on the sub-sale market, last checked 2026-10-04.
| Asking from | RM880,000 – RM1.35M |
| PSF | RM710 – 1047 |
| Built-up | 1,087 – 1,862 sqft |
| Completed | 2023 |
| Units | 846 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
The building is 3 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.
A foreign buyer can purchase here — the RM1M minimum is cleared by the larger units, though not at the entry price. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
Muze@PICC for sale & for rent
Asking rents at Muze@PICC ran from about RM2,600–2,900 a month in September–October 2026, for furnished three-bedroom homes of about 1,098–1,324 sq ft. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Muze@PICC key facts
- Developer
- Hunza Properties Group
- Area
- Bayan Baru, Penang
- Type
- condominium
- Tenure
- freehold
- Completed
- 2023
- Total units
- 846
- Asking PSF
- RM710–1047
- Price from
- RM 880K
Bayan Baru — area snapshot
Active projects
0
selling or under construction
Subsale condos
0
completed projects
Total tracked
1
properties in this area
Muze@PICC subsale — common questions
What is the price of Muze@PICC?
Muze@PICC runs RM880,000 to RM1,350,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM710–1,047 per square foot. Checked 2026-10-04.
Is Muze@PICC freehold or leasehold?
Muze@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 Muze@PICC?
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.
How much is the rent at Muze@PICC?
Asking rents ran from RM2,600 to RM2,900 a month in September–October 2026, for furnished three-bedroom homes of about 1,098–1,324 sq ft. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was Muze@PICC completed?
Muze@PICC was completed in 2023 by Hunza Properties Group, so homes here are bought from existing owners.
How big are the homes at Muze@PICC?
Homes range from about 1,087 to 1,862 sq ft. There are 846 homes in total. With that many, expect plenty of similar units on the market when you come to sell.
Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.