About Penang Properties

Situated in the northwest coast of Peninsular Malaysia, Penang, “The Pearl of the Orient” is a highly urbanised and industrialised state with increasing property development.

Maintaining its historical and cultural elements, Penang properties can be pictured to have a fine balance between the foundation of the past and the advancement of the future. Its tourism sector is thriving and it is one of the most developed and economically important states in the country.

Once navigated across the Penang Bridge, the selections of destinations are endless – from serene beaches to the progressive state capital, Georgetown, a UNESCO heritage site.

Property Development

With everything in its favor, naturally Penang’s property sales values have tended to appreciate in recent years. Prime property areas include beachfront properties situated on the Northeast of the island – Batu Ferringhi, Tanjung Bungah and Tanjung Tokong. YTL's recent expensive shorefront was notably received well beyond expectations, thus signifying strong demand.

Tanjung Tokong particularly shows an increasing rate of construction of apartments and condominiums. Rent and sales of these units are especially high among foreigners. Its close proximity to the Dalat School and The Uplands International School of Penang attribute to this fact. The Penang Branch Campus of Tunku Abdul Rahman College (TARC) is also located here.

Apart from that, Pulau Tikus located in central Penang is also a prime upcoming property area on this Island. Luxury condominiums and apartments here include the Silverton, which lie along Gurney Drive.

Other properties in Penang consist of commercial spaces and landed properties such as office blocks, shop-office units, industrial lots and housing projects, which are booming in sales.

Attractions in Penang

For food lovers and shopaholics Penang is undoubtedly an ideal place to live. From flea markets and pasar malams (night markets) to modern shopping malls, its indulgences cater to the traditional and modern consumer. Just to name a few, Lorong Kulit, Rope Walk flea market, Campbell Street, Little India, Gurney Plaza and Queensbay are popular options.

Penang nightlife is one to rave about. Bora-bora by Sunset, Hong Kong Bar, 360 Skybar, and Dadz Pub are among the long list of party heavens located on the island, which appeal to both the locals and the expatriate community.

For the faint of heart, as previously implied, Penang can indeed be a beach paradise. Swarmed with beach lovers from all parts of the globe, Batu Ferringhi offers a pleasant breather for anyone tired with the rush of the town. If you don’t already own an apartment along the stretch, just check yourself in at any of the multitude of resorts that line the coast. The afternoon sun and the remedying sound of the waves indeed emulate a paradise.

Accessibility and Transportation

In terms of transportation, Penang is suited with an elaborate bus service known as Rapid Penang. Its services include 150 buses covering 28 routes on the island and mainland. In addition, further growth in development of property is soon expected with the Malaysian Government-proposed Second Bridge Link, monorail, and Penang Outer Ring Road.

Real Estate Heat MapWhat's hot and what's not
Latest Penang Properties for Sale

Halaman Areka

Property Type: Condominium / Apartment / Serviced Residence

RM 430,000 (Negotiable)

Bukit Dumbar Permai

Property Type: Condominium / Apartment / Serviced Residence

RM 570,000 (Negotiable)

Southbay Plaza Residential Suites

Property Type: Condominium / Apartment / Serviced Residence

RM 900,000 (Negotiable)

Bayswater

Property Type: Condominium / Apartment / Serviced Residence

RM 850,000

Setia Pearl Island

Property Type: Bungalow / Detached House / Villa
Land Area: 1,400

RM 1,120,000 (Negotiable)

permai garden

Property Type: Bungalow / Detached House / Villa
Land Area: 3,595

RM 4,000,000 (Negotiable)

Tambun Royale City

Property Type: Bungalow / Detached House / Villa
Land Area: 1,722

RM 630,000 (Negotiable)

Springtide Residences

Property Type: Bungalow / Detached House / Villa
Land Area: 4,500

RM 6,000,000

Seri Tanjung Pinang Acacia

Property Type: Link Bungalow / Semi-Detached House
Land Area: 3,200

RM 3,200,000

Raintree Park PRARL CITY

Property Type: Link Bungalow / Semi-Detached House
Land Area: 2,153

RM 638,000

Moonlight Bay Villa

Property Type: Link Bungalow / Semi-Detached House
Land Area: 2,700

RM 2,900,000 (Guide Price)

Ferringhi Park

Property Type: Link Bungalow / Semi-Detached House
Land Area: 4,040

RM 2,020,000

Setia Pearl Island, Jalan Nuri 6

Property Type: Terrace House
Land Area: 1,400

RM 1,150,000

SP Setia Pearl Island, Jalan Nuri

Property Type: Terrace House
Land Area: 3,500

RM 1,650,000 (Negotiable)

Setia Pearl Island, Persiaran Nuri 2

Property Type: Terrace House
Land Area: 1,400

RM 1,065,000 (Negotiable)

Southbay Residence

Property Type: Terrace House
Land Area: 1,650

RM 1,300,000 (Negotiable)

Latest Penang Properties for Rent

Gurney Park

Property Type: Condominium / Apartment / Serviced Residence

RM 2,300

The Spring

Property Type: Condominium / Apartment / Serviced Residence

RM 1,300 (Negotiable)

Gurney Park

Property Type: Condominium / Apartment / Serviced Residence

RM 2,500

Gold Coast Resort

Property Type: Condominium / Apartment / Serviced Residence

RM 2,000

Tambun Royale City, Tmn Lembah Indah

Property Type: Bungalow / Detached House / Villa
Land Area: 1,722

RM 1,900 (Negotiable)

Summer Hill Villa

Property Type: Bungalow / Detached House / Villa
Land Area: 2,400

RM 2,500

Summer Hill Villa

Property Type: Bungalow / Detached House / Villa
Land Area: 2,400

RM 2,500

Hill Top Homes Bungalow

Property Type: Bungalow / Detached House / Villa
Land Area: 6,459

RM 12,500 (Guide Price)

Seri Tanjung Pinang

Property Type: Link Bungalow / Semi-Detached House
Land Area: 4,200

RM 6,500

Moonlight Bay Villa

Property Type: Link Bungalow / Semi-Detached House
Land Area: 5,000

RM 16,000

BALIK PULAU

Property Type: Link Bungalow / Semi-Detached House
Land Area: 3,050

RM 1,700 (Negotiable)

Seri Tanjung Pinang

Property Type: Link Bungalow / Semi-Detached House
Land Area: 6,000

RM 6,000 (Guide Price)

Seri Tanjung Pinang

Property Type: Terrace House
Land Area: 1,920

RM 3,800

Southbay Residence

Property Type: Terrace House
Land Area: 1,650

RM 2,500 (Guide Price)

Shamrock Beach villa for rent

Property Type: Terrace House
Land Area: 1,700

RM 3,500

One Residence

Property Type: Terrace House
Land Area: 1,400

RM 2,000 (Guide Price)