Penang, Malaysia
Situated in the northern region of the Malaysian peninsula, Penang is a small but bustling state that rivals the dynamism of major metropolitan areas. Its population hovers around 2 million residents, notably making it the only state in Malaysia with a majority Chinese demographic. However, public transportation infrastructure has not been optimally developed, partly due to political dynamics; the state government, led by the opposition party, often struggles to secure federal funding.
Penang comprises two primary sections: Penang Island and the mainland area known as Seberang Perai. The state's capital city, Georgetown, is jointly listed with Melaka as a UNESCO World Heritage site. Penang is celebrated as Asia's Food Paradise, thanks to its tantalising fusion of Malay, Chinese, and Indian culinary traditions. This gastronomic magnet draws visitors from far and wide. The local population predominantly communicates in the Penang Hokkien dialect, and interestingly, it's not uncommon for people of different ethnicities to employ this Chinese dialect in their daily exchanges.
The real estate market in Penang presents one of the least affordable scenarios in the country, a predicament born out of limited land resources and an abundance of high-income workers stemming from the numerous manufacturing multinationals based here. Foreign investors are particularly attracted to beachfront condos and houses along the scenic coastal areas of Batu Ferringhi and Gurney Drive.
The following shows the residential property transactions in Penang over the last few years:
However, to restrain property speculation, Penang's state government has implemented one of the least foreigner-friendly real estate investment policies. The minimum purchase price for high-rise residential properties is set at RM1 million and escalates to RM2 million for landed residential properties when acquired by foreign nationals.
Over time, Penang has transformed into a prominent tourist destination, magnetising visitors much like sugar attracts ants. This influx, combined with one of the highest population densities in the country, has resulted in a significant issue: traffic congestion. This problem intensifies during peak tourist seasons and before and after standard working hours. To mitigate this, the Penang Transport Master Plan (PTMP), costing approximately RM46 billion, was introduced. The initial phase of this ambitious project, encompassing the Pan Island Link 1 (PIL 1) highway, the Bayan Lepas Light Rail Transit (LRT), and several major highways, was approved in November 2018. This initiative is expected to boost property prices on the mainland, further reshaping the economic landscape of Penang.
Latest Penang sale listings:
Date | Property Type | Built-up | Price |
---|---|---|---|
Today | Condominium | 700 sf | RM330,000 |
Today | Condominium | 935 sf | RM320,000 |
Today | Terrace | 1,000 sf | RM360,000 |
Today | Semi-Detached | 2,660 sf | RM650,000 |
Today | Commercial | 3,700 sf | RM900,000 |
Today | Bungalow | 3,150 sf | RM928,000 |
Today | Condominium | 800 sf | RM450,000 |
Today | Apartment | 600 sf | RM188,000 |
Today | Terrace | 2,475 sf | RM590,000 |
Today | Semi-Detached | 1,100 sf | RM499,000 |
Latest Penang rental listings:
May I know Taman Bukit Minyak near to Taman Sentul Jaya Juru ?
Beware of someone name divnesh, he is a scammer.. asking for review want money and ask for more money for the day almost for reviewing for legal purpose and said that it is 100% refundable.. also coward cause dont want to pick phone.. phone number is +601128919765 (maybe will change since he is scammer) .. if anyone that love to scam scammer and dealt should give him hope and also a call.. good luck people
Please contact me as soon as possible (0142565901)...i want to rent the condo for RM 600 monthly starting next month
2 sty terrace at solok zoo satu air itam penang for sale (freehold title )
FOR SALE
2 storey Terrace House at Solok Zoo 1 Ayer Itam Penang
Freehold
Size : 23 X 85
Land size : 1955sf
Built up : 3000sf
4 Bedrooms 3 bathroom
with compound
Corner lot
Fully renovated
well maintained
view to appreciates !
Worth buying
Asking price : RM1.2Mil Negotiable to sincere buyers only
Please call 0124479623 for viewing
THE PALAZZIA with Mezzanine facing road, THE PALAZZIA SHOP OFFICE , Gelugor
FOR SALES! VALUE BUY WITH MEZZANINE FLOOR
THE PALAZZIA FACING ROAD SHOP LOT AT BUKIT GAMBIER NEAR USM OPPOSITE IVORY PLAZA
GROUND Unit : 1097sf WITH Mezzanine Floor Renovated unit
SUITABLE FOR VARIOUS KIND OF BUSINESS, RETAIL SHOP, SHOW HOUSE, WAREHOUSE, DISTRIBUTORS, DEVELOPERS OFFICE,ETC.
Asking selling Price : RM860K negotiable to sincere Buyers only
interested please call 0124479623 Jlow(REN06634)
for detail and viewing.
FOR RENT
SHOP LOT CORNER LOT
Krystal Point Corporate Park 2,, Lebuh Bukit Kecil 6, 11900, Bayan Lepas,Penang
Corner commercial Shop Lot @ ground floor facing main road/Highway, facing Bayan Lepas Silicon valley.
Size : 1160SF Renovated unit with carpeted and tempered glass Door.
Retail frontage, high exposure and visibility of heavy traffic
all day long.
Superb location at central of high density of population with high visibility.
Convenient with public amenities with F&B outlets, Hotel Suites, Fitness Centre, Offices etc.
Asking rental at Rm5,000/mth Nego to sincere Tenants only
Please contact : 0124479623 Jane (REN06634) for details and viewing
THE CEO OFFICE LOT WITH MEZZANINE FLOOR, LEBUH NIPAH 5, Gelugor
FOR SALE
CEO OFFICE SPACE WITH MEZZANINE FLOOR
Built up 728SF Land size 487sf
Middle Floor
LEASEHOLD
Worth Buying for own usage
ASKING PRICE : RM361K Slightly Nego TO SINCERE BUYERS ONLY
PLEASE CALL 0124479623 FOR VIEWING
THE CEO Executive Suites FOR SALE
Strategic located in Bukit jambul surrounded by various amenities including the Penang International Airport, hotels, shopping malls, the Penang International Sports Arena (PISA) and medical centres.
THE CEO OFFICE SPACE WITH MEZZANINE FLOOR
Built up 754SF Land size 513sf
Middle Floor
LEASEHOLD
Worth Buying for own usage
ASKING PRICE : RM375K Slightly Nego TO SINCERE BUYERS ONLY
PLEASE CALL 0124479623 FOR VIEWING
THE CEO Smart building facilities :
24-hours CCTV.
multi storey car park.
4 lifts and 1 cargo lift.
Ceiling height 4.0m.
.
FOR SALE
THE CLOVERS at Lengkok Merbah 3, Taman Sri Bayan,Sungai Ara 11900 Bayan Lepas, Penang
Freehold
1598sf 4 rooms 3 bathrooms with 4 side by side Carparks
Luxury condominium with 2 private lift
High Floor facing airport view
Fully renovation cost about 250K move in condition
Fully furnished
worth buying for own stay
value buy
Asking price : RM950K negotiable to sincere Buyers only
Interested Buyers please call 0124479623 for viewing
FOR RENT - 3 units side by side Heritage shop lot at Lorong Prangin available now
3 Units 2 storey Heritage Shop lot at Lorong Prangin near to Komtar, Prangin Mall, Sia Boey Urban Archaelogical park
strategic location near to Komtar, Prangin mall, Sia Boey, Lebuh Pantai in the heart of Georgetown
2 storey shop lot Size 2000sf Original condition facing road
suitable for tourism business, retail and storage etc
3 units side by side
each unit - RM2500/mth
3 units - RM7500/mth
interested tenants kindly call for further information and viewing
Please call 0124479623 for viewing
https://www.propsocial.my/developments/the-palazzia-412/1-bedroom-1-bathroom-shop-for-sale-by-jane-low-2151543
FOR SALE
Mutiara Court Condo at Lorong Delima 20 Greenlane Gelugor, Penang
Low density
Duplex unit for sale
size 1399sf
3 rooms 2 bathrooms
2 rooms downstairs and 1 room upstairs
2 carparks
fully renovated and partially fitted
move in condition and well maintained
Asking price : RM650K negotiable to sincere buyers only
Please call 0124479623 for viewing
FOR SALE
Jambul Height Condomium at Bukit Jambul for sale
good location near to Relau, Bukit Jambul, Bayan Baru, etc
2374sf 4 rooms 3 bathrooms
2 side by side carparks
Original condition
with condo facilities and quiet environment
nice residential neighborhood
good for own stay
Asking price : RM830K Slight negotiable
Please call 0124479623 for viewing
BAYAN LEPAS FACTORY FTZ/ FIZ PHASE III , Ground floor available FOR RENT
Description :
GROUND Floor Production floor / Warehouse/storage all in ONE for rent at Industrial FTZ/ FIZ PHASE III ,11900 Penang
8, 000sf with proper factory facilities such as compressor, air-conditioning, lighting, 3 Phase Power supply , 0.75ton /metre sq,16" Ceiling Height, Cargo lift etc
Asking rental RM40,000/-negotiable, (Rm5.00/sqft),slight negotiable to sincere tenants only
Interested Please call 0124479623 JaneLow(REN06634) for further detail and viewing
Double Storey Terrace at Teluk Kumbar For Sales
near to Lexis Suites Penang, Airport, Schools, Industrial FTZ factory areas
(Taman Lagenda Emerald )
upper market neighborhood
excellent location with easy access
Freehold title
Land area: 22 X 65sf,
Built up Area: 22 X 45sf
Fully Concrete/ mosaic Flooring
4 bedrooms & 3 bathrooms with compound
Fully renovated with partially fitted
well maintained and brand new
facing direction North East
Asking price : RM880K Nego to sincere Buyers only
please call 0124479623 for details and viewing
FOR RENT
Level 3 - 2 office side by side available
I-Avenue Shop Office total size 2100sf
facing bukit jambul
Strategic location with amenities nearby
near to round about to high way, easy access within
Bayan Baru, Bayan lepas
Great location for business, retails and Office
Fully renovated and fully furnished move in condition
Asking rental : RM6000/mth negotiable to sincere tenants only
Please call 0124479623 for viewing
The Promenade Residence , Bandar Bayan Baru, PENANG FOR SALE
PROMENADE RESIDENCE AT BAYAN BARU PENANG
MIDDLE FLOOR 1011SF 3 BEDROOMS AND 2 BATHROOMS (Type E)
FACING EAST – SEAVIEW DIRECTION
WITH 1 CARPARK
BASIC RENOVATED WITH WATER HEATER, CEILING FANS, SAFETY GRILLE, LIGHTS
EMPTY UNIT WITHOUT FURNISHED
FOR RENT : RM1300/MTH TO SINCERE TENANTS
FOR SALE : RM515K NEGO TO INTERESTED BUYERS / INVESTORS
PLEASE CALL 0124479623 FOR VIEWING
THE PROMENADE IS THE MIXED DEVELOPMENT OF RESIDENTIAL AND COMMERCIAL WITHIN BAYAN LEPAS DISTRICT.
STRATEGIC LOCATION WITH EASY ACCESS, HIGH POPULATION, WITH AMENITIES SURROUNDING
CONVENIENCE WITH SCHOOLS, SHOP, RESTAURANTS, GROCERY, WET MARKETS, ARE WITHIN SHORT DISTANCE
The Promenade Residence , Bandar Bayan Baru, PENANG FOR SALE
PROMENADE RESIDENCE AT BAYAN BARU PENANG
MIDDLE FLOOR 1011SF 3 BEDROOMS AND 2 BATHROOMS (Type E)
FACING EAST – SEAVIEW DIRECTION
WITH 1 CARPARK
BASIC RENOVATED WITH WATER HEATER, CEILING FANS, SAFETY GRILLE, LIGHTS
EMPTY UNIT WITHOUT FURNISHED
FOR SALE : RM518K NEGO TO INTERESTED BUYERS / INVESTORS
PLEASE CALL 0124479623 FOR VIEWING
THE PROMENADE IS THE MIXED DEVELOPMENT OF RESIDENTIAL AND COMMERCIAL WITHIN BAYAN LEPAS DISTRICT.
STRATEGIC LOCATION WITH EASY ACCESS, HIGH POPULATION, WITH AMENITIES SURROUNDING
CONVENIENCE WITH SCHOOLS, SHOP, RESTAURANTS, GROCERY, WET MARKETS, ARE WITHIN SHORT DISTANCE
FOR RENT
Persiaran Bayan Bay (Bayan Indah )
First floor Shop Office space near HSBC Bank, Eastin Hotel, Happy Mart,
restaurants and Queensbay mall.
Land & built up (1400 sqft)
For Rent: RM2,800/mth Negotiable to sincere Tenants only
(1st floor)
- Strategic location & High Traffic Area
- 2 attached bathrooms
- Well maintained
- Suitable for office usage
Please call 0124479623 for details and viewing
I-Regency Condominium (Ideal Regency), Bukit Gambier, Gelugor
I-Regency Super Condo at Jalan Bukit Gambier, Penang
Strategic location near USM and Opposite Ivory Plaza.
Freehold
Middle floor with Nice Pool view
Block E Built up 1200sq.
with 3+1Rooms & 2Bathrooms and 1 carpark
Basic renovated Original condition
Well maintained
Value Buy for own staying or investments for rental
Tenanted - tenancy going expires soon
Selling with / without Tenancy
Asking price :RM599K Negotiable to sincere Buyers only
Interested pls call Jane 0124479623 (REN06634) for more details
& viewing
FOR RENT
Commercial shop office level 2
@ The Amarene @ Ideal Vision Park
Jalan Sungai Tiram 6, Bayan Lepas
Brand new
new development with mix condo & commercial
Facing Main Road frontage
1,503 sf Built- up size
- 2 Toilets
- Original condition
- High Visibility
- Excellent location nearby to Industrial Factory in sungai Tiram, Airport etc
Asking rental : RM4900/negotiable to sincere Tenants
Please call 0124479623 for viewing
For Rent
Commercial Building e-Gate at Gelugor Penang
Prestigious and excellent frontage along the Tun Dr Lim Chong Eu High Way & Expressway, Penang Bridge & 2nd link.
e-Gate Level 3 Office lot available
Strategic location with lots of amenities such as Petrol station, Lotus hypermarket,Udini squares, food courts, retails shop easy access to Bayan lepas, FTZ area, Georgetown, Bayan bay, Queensbay etc
Size : 1087sf facing Bayswater Condominium
Fully renovated unit with carpet, room partitions, lights, air conditioning, pantry, toilet, Glass panel door etc move in condition
Asking rental : RM3700/Slight negotiable to sincere tenants only
please call 0124479623 for viewing
Whole Unit Office 2,650 SQ. FT (RM 3.21 psf) 2,650 SQ. FT (RM 3.21 psf) Semi Furnished 2 Bedrooms 1 Bathrooms
Address: Jalan Ahmad Nor Jelutong , 11600 Penang
Partially Furnished Shop-Office For Rent At Nova Place, Jelutong
Nova Place, Jalan Ahmad Nor Jelutong Penang
FOR RENT
NOVA PLACE 4 STOREY Building
Brand new commercial Building in the vicinity of Jelutong
First Floor(Level 2) 2650sf at Nova Place Office space available
Fully renovated & Partially furnished and fitted
with car park bays compound.
Brand new commercial Building in the vicinity of Jelutong
Asking Rental Price : RM8500/mth Negotiable to sincere Tenants Only
Please call Jane 012-4479623 for further details and viewing
Nova Place is a freehold Commercial development in Jelutong, Penang.
This 4 storey Shop/office Building (with Lift) strategically located and amenities are easily within reach, facing main road frontage with great retail exposure.
FOR SALE
MIRA RESIDENCE @ PERMAI VILLAGE, Tanjung Bungah Penang
Mira Residence is two private residential condo sited at Lintang Lembah Permai 17, within the enclave of Permai Village.
an upscale condominium in Tanjung Bungah Penang
BLOCK A HIGH FLOOR
1635SF FULL SEAVIEW
3+1 ROOMS 3 BATHROOMS
4 CARPARKS
FULLY RENOVATED AND FULLY FURNISHED
MOVE IN CONDITION
VIEW TO APPRECIATE !
ASKING PRICE : RM1.48 Million (RM1,480,000.00) Negotiable to sincere Buyers Only
PLEASE CALL 0124479623(WhatsApp) FOR DETAILS AND VIEWING
For sale
Value Buy, Worth buying for big family stay
2390sf Corner unit at Zan Pavilion Sungai Ara Penang
4+1 bedrooms & 4 bathrooms
4 balcony, spacious and windy environment
low density condominium with facilities
2 carpark
Fully renovated and fully furnished
move in condition
View to appreciates !
Asking price : RM1.05Mil Negotiable to sincere Buyers only
Please call Jane 0124479623 for viewing
FOR SALE
THE PALAZZIA First Floor Office lot /space
strategic location at jalan bukit gambier opposite Ivory Plaza
FREEHOLD TITLE
Size : 646sf Original condition
Corner unit
with internal toilet
layout with staircase
Asking selling Price : RM358K nego to sincere Buyers only
interested please call 0124479623 Jane for detail and viewing.
SUNTECH FIRST FLOOR SHOP OFFICE LOT,
FOR RENT - 6450SF AT SUNTECH OFFICE PENANG (AVAILABLE NOW)
FIRST FLOOR SUNTECH SHOP OFFICE-FEW UNITS LOT LINKED AND RENOVATED IN ONE LOT WITH TOTAL SIZE 6450Sq.Ft
located at a Good & strategic Location at the heart of the Penang Cybercity business district in Bayan Baru, Penang,
It is surrounded by various amenities including Penang International Airport, Sunshine Square, Shopping mall and wet market, food courts hotels and medical centres.
Constant flow of crowds create a hot spot for business & retails, easy access to Bayan Lepas Factory FTZ, Penang Bridge and 2nd link bridge.
- Fully renovated WITH cubicle, carpeted, air-conditioning, file
cabinets etc
- with few partitions of rooms, well maintained
- with nice frontage of Corporate image
Asking Rental:RM29K/MTH slight nego to sincere Tenants only
interested please call Jane 0124479623 (REN06634) for more details & viewing
Plaza @ Southbay, Southbay, Cangkat Batu Maung Bayan lepas Penang
4500sf office at level 3 available
internal toilet
with 2 partitions
well maintained
ready to use office
Asking rental : RM7800/mth negotiable
Please call 0124479623 for viewing
Address: Jalan Sekolah La salle Taman Lumba Kuda Georgetown Penang
For Sale
2 Storey Terrace House at Jalan Sekolah La Salle @ Taman Lumba Kuda in the heart of Georgetown Penang
Freehold Title
Strategic location and quiet Residential neighborhood
Land size 2068sf Built up 3500sf fully concrete flooring
width 20 x 100 ft- large & spacious condition
3 rooms 3 bathrooms 2 living hall, big kitchen and balcony
Fully renovated and partially furnished
Front compound can occupy about 6 cars parking
Asking price : RM1.55Mil Negotiable to sincere Buyers only
Please call 0124479623 for viewing
2 units of Elit Heights condo for rent RM2300/mth
Fully furnished move in condition
Please call 0124479623 for viewing
出售
ELIT AVENUE 辦公樓店面辦公室
適合自用或租賃投資
檳城峇央峇魯 (Bayan Baru Penang)優越的商業位置
具有 MSC 地位的 ELIT AVENUE 辦公樓
永久業權
897SF
可用作辦公室/培訓中心
配有家具,如4台空調、辦公家具、2個會議室/經理室, 洗手間和食品儲藏室、
地毯和玻璃門板等
業主裝修花費8萬左右,
值 得購買
要價:RM633K 只限真誠買家議價.
請致電0124479623觀看.
Elit Avenue Commercial 地理位置優越,靠近各種便利設施,如陽光廣場、Mayang Mall、Kompleks Pasar 和 Balai Rakyat Bayan Baru、Giant 大型超市和 Pantai Mutiara 醫院。
附近還有 PISA 水上運動中心和檳城國際體育中心。最近的學校是民新國民型華小 (SJKC Min Sin)、巴彥峇魯國小 (SK Bayan Baru) 和斯里柏邁國小 (SK Seri Permai)。
FOR RENT
Commercial shop lot The Palazzia with Mezzanine floor at (Gelugor )next to USM, IVORY Plaza
Available now FOR RENT only
Very strategic location with ample carpark bays
1097sf with mezzanine floor
Renovated with flooring, Roller shutters, glass panel door and internal Toilet.
well maintained and tenanted condition
Suitable for various business, Online Office / storage space / Retail Office, Distribution, Courier, Marketing centre, Office etc
Asking rental :RM2700/mth nego to sincere Tenants only
Please call 0124479623(WhatsApp) for details and viewing