Penang
Island heritage meets modern industry, popular for medical tourism and retirement.
Average Price
$1,500 / sqm
Rental Yield
3 - 5%
Capital Growth
3 - 5% p.a.
About Penang
Penang is a Malaysian state located on the northwest coast of Peninsular Malaysia. It is a major hub for medical tourism and a top retirement destination. The property market offers a mix of heritage shophouses in George Town and luxury seafront condominiums.
Key Investment Highlights
Medical tourism hub
UNESCO World Heritage Site
Silicon Valley of the East
Strong expat community
Key Neighborhoods
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