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Retire in Penang - Real Estate in Penang

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Why would you consider to retire in Penang? Few places in Asia are so well developed and so easy connected to the rest of the world as Penang island. Some would claim Kuala Lumpur is better, but if you ask me, Kuala Lumpur is just another big metropolis, an Asian metropolis but nevertheless a metropolis. If you have been working your whole life, you wish some peace and still all modern facilities nearby.

The Northern part of Penang is (at the moment) the most attractive area with all lifestyle facilities you want, with shopping malls, clubs, golf, cultural events around the corner, hotels etc..

Penang is such a place. This page will emphasize on the northern and eastern areas of Penang:

• Georgetown (incl. Dunn Road and Hogan Road)
• Gurney Drive (incl. Paragon)
• Tanjung Bungah (incl. The Cove, The Infinity & Seri Tanjung Pinang)
• Tanjung Tokong
• Batu Ferringhi
• Batu Uban (East coast, The Sanctuary)

Prices

Location and price, those two subjects always come up when buying something. Fair enough. I have good news for you. Penang is a unique island and, even to my surprise, a lot cheaper then other areas in Asia. Compare price quality in property and real estate in Penang with Hong Kong and Singapore and you find the prices up to SIX times cheaper.

Real estate, property and apartments are 3 to 6 times cheaper than comparable properties in Hong Kong, Singapore and Thailand, who doesn't want a view out of the house like this?

Even for apartments in hotspot Thailand, Indonesia or the Philippines are about THREE times more expensive then similar property and apartments in Penang. True, some areas in Malaysia, think about Seri Manjung,

So let's see what Penang can offer you in terms of lifestyle and comfortable living.

Georgetown

Georgetown is Heritage in Malaysia (together with Malacca). It's also an excellent area to live. We have two beautiful locations available at this moment: Hogan Road and Dunn Road. Both are close to the city center and still in very quiet corner of Georgetown, minutes from Gurney Drive and the Armenian Quarter. 

Hogan Road

Hogan Road is a relaxed area in the middle of Penang. It is surprising that in a busy city like Penang (read Georgetown) you find such a place. Like Dunn Road the property available are high end. The property have poetic names: "A portrait of home", "Love at first sight" and "Heavenly inspiration". And I admit, they do look like that.

Here is more about Hogan Road

Dunn Road

In between the Penang Turf Club, St. George's Highschool, Penang Polo and Gurney Drive you will find some amazingly beautiful property at Dunn Road. All is new build and very spacious. When we visited, I couldn't resist to mention I wouldn't mind living here, despite the house would be too big for me.

More about the Dunn Road properties

Gurney Drive

Gurney drive is for sure an interesting part of Penang. Here you can see best the mix of Asia and the modern western world. It is in this area you find modern apartment towers, shopping malls but also the Burmese temple which was found in 1883.

Here you find the tallest (and most comfortable living towers in Penang. Modern comfort in the Paragon Towers with shopping malls next door and free views to the Andaman Sea.

Gurney Drive, modern living in Penang

The Paragon Towers will be finished in 2010. Here's an extended description of the Paragon which will include the magnificent St. Joseph's Novitiate heritage. More about the Gurney Paragon Towers in Gurney Drive

Here is a lot more about Gurney Drive

Tanjung Bungah

Tanjung Bungah is located in between Georgetown and Batu Ferringhi. There is quite a bit of building activity in this area.

Here you find the Cove. The Cove consist of 4 towers with 6000 sqr feet unitis. The Cove has everything you can possibly want from your living surrounding including a swimming pool, sauna next to the swimming pool, playground but also a great beach right in front of your house.

More about The Cove at Tanjung Bungah

Another option in Tanjung Bungah is the Infinity. The Infinity is being build right at the beach. Tthe units are now on sale. Expected date of completion is the first quarter of 2010.

More about the Infinity Penang

Tanjung Tokong

Seri Tanjung Pinang, a part of Tanjung Tokong is a piece of reclaimed land which is at the moment developed into a housing area. The area is close to Gurney Drive with all the modern facilities and cultural activities within minutes walking.

Seri Tanjung Pinang, a new piece of reclaimed land in Tanjung Tokong

Seri Tanjung Pinang

Batu Ferringhi

Batu Ferringhi is since many years the main beach destination of Penang. Although these days Batu Ferringhi is mostly taken over by tourists, it once was the area where Tunku Abdul Rahman lived. Tunku Abdul Rahman was the first elected president of Malaysia. His house stands still at Batu Ferringhi although it seemed many people do not realize its importance. We were standing in front of the house and I imagined what life here by the end of the 50's must have been.

Batu Ferringhi is Penangs' main beach area and not for nothing many hotels, cheap and more expensive can be found here. The oldest is the Lone Pine Hotel. This hotel was build in 1948 and preserves some of the old colonial atmosphere.

Batu Ferringhi is not only famous for its beach, it is also an excellent area to hang out at night, visiting the pasar malams (night markets) for all kinds of cheap and interesting things. Don't forget to eat here. Plenty of bars and cafes. The most interesting, if you ask me, are the hawker stalls with their dazzling variety of Malaysian foods.

A nice area to live is the Ferringhi Village, see more about this little village just outside the main Batu Ferringhi area.

The Ferringhi villas are an enclosed area with, at least the higher villas, a great view on the Andaman sea.

Batu Uban

The Sanctuary is a new area with up-market villas. It's a former army camp which is now rebuild in style. These houses are have a suburb view over the straits to the Malaysian mainland. The area is build by an Australian architect. This small village is located in between Georgetown and the airport on the east coast of Penang.

All houses are two or three storey and the price starts from RM 2.6 million. But as we looked around, it's worth the price. Excellent workmanship plus a tasteful design make The Sanctuary a place to live in comfort and style.

Read more about Batu Uban here

Contact us

Our real estate agent in Penang is Mr. Yeoh. You can contact him for more details about properties mentioned on this page.

• Contact our property and real estate agent Mr. Yeoh

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See also our Gurney Drive pages

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