Penang International Commerce City Residential Tower: Three-Bedroom Golf Course View (Type B)

RM
POA
3
Bedrooms
2
Bathrooms
144
m² Built Area
m² Land Area
No items found.

PROPERTY FEATURES

Balcony
High Quality Finish
Communal Gardens
Investment Property
Freehold
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PROPERTY DESCRIPTION

Unlock a Unique Investment Opportunity in Penang!

Now is the time to capitalise on exceptional value per square foot in Asia's fastest-growing economy. Dubbed the next Silicon Valley by the BBC, Penang presents an enticing prospect with YOO-designed units, exclusively available for bulk purchase.

The Penang International Commerce Tower (PICT) serves as the hub of urban living, seamlessly integrating smart-city features with innovative greenscaping, robust security, and easy mobility. Completed in August 2023, these residential towers boast 846 units, offering various layouts with a maximum of 10 units per floor. Strong demand is evident, with 56% of sales coming from domestic buyers and 44% from international investors.

Why consider Malaysia? Here are several compelling reasons:

  • Remarkable Growth: Malaysia achieved 8.7% GDP growth in 2022, reinforcing its status as Asia's fastest-growing economy.
  • Resource Abundance: As Asia's leading exporter of oil and gas and the world's second-largest palm oil exporter, the country is rich in natural resources.
  • Dynamic Workforce: With a median age of just 30.26 years, Malaysia boasts a vibrant and youthful population.
  • Economic Stability: Enjoy relatively low inflation in energy prices and wages, alongside attractive freehold ownership options.
  • Investment-Friendly Climate: Foreigners can easily obtain mortgage loans, and the absence of inheritance tax enhances appeal.

Global attention is turning to Malaysia, with significant commitments from companies like Amazon, investing MYR 25.5 billion to establish cloud infrastructure by 2037. Tesla is launching operations, and Intel has made substantial investments in Penang, expanding its semiconductor facility.

This is a rare opportunity to enhance your portfolio in a rapidly evolving market. For further details, don’t hesitate to reach out!

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