If you’re thinking Malaysia may be the right place for you to invest or purchase your first home, here are top 5 places in Penang which are attracting:
1.Batu Ferringhi
Batu Ferringhi, one of Penang’s most popular destinations, consists of a long and white sandy beach - is a must-go place for water sports, eateries, as well as night market with everything from clothes to household decorative items!
Besides, many tourist attractions around the area, including the Penang Butterfly Farm, the Tropical Spice Garden, the Toy Museum and the Tropical Fruit Farm that also offers jungle trekking and camping activities.
Residential areas have grown from the usual single-storey houses and double-storey terrace areas to also accommodate high-rise condominiums and apartments, luxury bungalows and hosts of commercial centres.
The median sale at Batu Ferringhi, Penang, Malaysia is RM 865,000.
2. Butterworth
Butterworth, known as Mainland Town - considered as a transport hub for Penang Island via the Butterworth–Penang ferry jetty, rail links to Kuala Lumpur and the Thai border and the impressive 13.5 km Penang Bridge. Properties at Butterworth tend to be priced lower than their counterparts in Penang Island, making them highly affordable and ripe for investment.
The median sale at Butterworth, Penang, Malaysia is RM 300,000.
3. Batu Maung
Batu Maung is 8 km from the Penang International Airport and the Bukit Jambul area, respectively. The latter is a hive of activity where the Equatorial and Vistana hotels are located. There is also a shopping mall in the Bukit Jambul area and commercial areas.
The median sale at Batu Maung, Penang, Malaysia is RM 890,000.
4. Bayan Lepas
Bayan Lepas is located at southwest of Penang, nearby have famous landmarks - Snake Temple, where you can find various type of snakes including vipers, pythons, and cobras. The demand for homes in Bayan Lepas has steadily increasing. While its nature-focused environment remains lush and preserved, but the area still considered convenient, which have established amenities such as residential townships, schools, malls, and healthcare institutions.
The median sale at Bayan Lepas, Penang, Malaysia is RM 680,000.
5. Seberang Perai
Seberang Perai is located on the mainland side of Penang, home of several facilities of the Port of Penang and multinational companies like Pensonic, Hitachi and Chevron. This huge industrial estate offers job opportunities for thousands of people, making it the best place to buy a property, especially for those who looking to invest and gain returns through the rental market.
The median sale at Seberang Perai, Penang, Malaysia is RM 175,000.
If you're looking for property investment or to purchase home in Penang, you may find us!
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