Georgetown, Penang Island

Georgetown (also known as George Town) is a city that is located in Penang Island, Penang. Georgetown, the capital city of Penang, holds a special place in Malaysia's cultural and historical legacy. The city is brimming with rich history and heritage with significant landmarks and structures like Fort Cornwallis, Cheah Kongsi, Khoo Kongsi, and the intricate and attractive street art which if nowadays installed can carry a positive message with it. Since UNESCO designated some parts of the city as a World Heritage Site since 2008, tourists from all around the world visit Penang's capital city to experience the charm of its cultural diversity. However, this also gives rise to a perpetual traffic congested area as people flock to Georgetown for its reputation in entertainment, rich dining culture, and shopping experience. That said, despite the heavy congestion, entrepreneurs see the significant potential for real estate investment and the unique possibilities that the coveted location has in store. Whether it's an Airbnb condo unit in the bustling street or shophouses for entrepreneur ventures, Georgetown is an investment location to consider.

Some of the notable landmarks in this city include Wisma Penang Garden, Menara BHL, Gurney Tower, Menara Boustead and Menara Penang Garden. Besides, there are also some shopping malls here, such as 1st Avenue, GurneyWalk and Prangin Mall.

This city has some amenities nearby, such as universities, hospitals and schools. The following are some of the main universities here:

  • Advance Tertiary College Penang (ATC)
  • Despark International College Penang
  • Disted College
  • MSU College (Penang)
  • MSU College Penang Annex C
  • Penang Nursing College
  • Ri Yaz College (Member Of Mvu Metaverse Universal Holdings)
  • Segi College Penang
  • Sense Perfect International College (Spic)
  • Sentral College Penang
  • Uow Malaysia Kdu Penang University College
  • Wawasan Open University

As for hospitals, there are Gleneagles Hospital Penang, Health & Medical Section Penang Port, Island Hospital, Lam Wah Ee Hospital, Lam Wah Ee Hospital Tcm Branch, Optimax Eye Specialist Hospital (Penang), Peace Medical Centre, Penang Adventist Hospital and Penang General Hospital. There are also some schools here, e.g. Penang Free School, SK Jelutong Barat, SMK Hutchings, SRJK (C) Union and Sekolah Menangah Kebangsaan Agama (Perempuan) Al Mashoor.

Latest Georgetown sale listings:

DateProperty TypeBuilt-upPrice
TodayCondominium550 sfRM280,000
TodayLow-Cost Flat700 sfRM219,998
TodayCondominium5,000 sfRM1,880,000
TodayCondominium1,050 sfRM470,000
TodayCondominium2,600 sfRM1,600,000
TodayTerrace2,500 sfRM2,200,000
TodayCondominium758 sfRM830,000
23 Sep 2024Condominium980 sfRM695,000
27 Sep 2024Condominium1,950 sfRM1,300,000
21 Sep 2024Terrace1,600 sfRM980,000

Latest Georgetown rental listings:

DateProperty TypeBuilt-upRental
TodayCondominium1,099 sfRM2,400
TodayMedium Room-NA-RM480
TodayApartment Room-NA-RM550
TodayOffice2,205 sfRM4,410
26 Sep 2024Medium Room-NA-RM650
26 Sep 2024Medium Room-NA-RM600
26 Sep 2024Single Room-NA-RM530
26 Sep 2024Medium Room-NA-RM650
TodayMedium Room-NA-RM800
24 Sep 2024Medium Room-NA-RM560
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