All maps are taken from Google Earth.

 

Where is Penang ?

Based on the map below, Malaysia is situated in the center of South East Asia. It is at the cross roads of the Asian and Western culture where both the cultures exist harmoniously. It is also the halfway point between Europe/China and Australia/New Zealand. Penang is an island situated north of Peninsular Malaysia. It is approximately 1 hour from Singapore or 45 minutes from Kuala Lumpur (KL) by air.

 

The state Penang consist of Penang Island and Butterworth (see the image above). As you can see from the satellite picture below, more than 30% of Penang is covered with forest and the backbone of Penang is hills. Development is not easy in the west or south-west of Penang due to the hills of Balik Pulau. Flat land suitable development is scarce and property prices in Penang is  high. Prices will always be high and it is a good investment as there is limited land on Penang island. The more popular places will be Batu Ferringhi and Tanjung Bungah. White sandy beaches and apartments/condominiums with great sea view is available at very reasonable prices.

 

Length of island (north-south at its tallest) = about 25km (15miles)

Width of island (east-west at its widest) = about 19km (12miles)

 

 

Why buy properties in Penang ?

  1. Less volatility, more stable prices. The chart below shows the property prices in Penang and other places (or big cities). The property prices in Penang is consistently and generally higher as compared to KL or other areas. Penang is an island and like Singapore, land is scarce. There are lots of hills, forest reserves and water catchment areas and these areas are off limits for development.

       

  1. Properties with sea view is available at very reasonable costs (starts from RM280,000 / 42,000 / US$80,000 / 63.000 / A$100,000)
  2. No property gain tax. The Malaysian government has abolished the real property gain tax on 1 April 2007.
  3. Plenty of choices to choose - apartments, landed, condominiums, by the sea, by the beach, by the hills, etc..
  4. Less congestion and slower life (suitable for retirees)
  5. Lots of foreigners or expatriates staying in Penang (be it on employment or on MM2H)
  6. Unlike some countries, you ACTUALLY own the property. It will be under your name and you will be governed by laws that is applicable to foreigners and locals. The lawyers will advise you the details.
  7. Housing loans available to foreigners as well.

 

How we can assist you in buying a property in Penang ?

We specializes in MM2H and relocation but due to requests from clients, we have set up a property division where we help foreigners purchase their dream property in Penang. We work with PASSION and that is very important in making sure that you get what you want. We will guide you through MM2H and relocation assistance as well.

We will present to you a complete solution from your property purchase, application of MM2H visa (if required) to converting your property to a home !

The only words that you have to keep in mind - "No worries or headaches on buying properties in Penang". Be it new development or from the secondary market, we will be there to assist you in finding your dream property. Email and let us know what you need and what you are looking for and we will set out to find some properties that fits your needs. We are not property agents however, by working closely with reliable and licensed property companies (like New Bob and Elite Properties) in Penang, you will have access to the largest database of available properties in Penang. We will do all the telephoning and coordination work. You only need to meet up with us and we will arrange for property viewing with our panel of property agents. You don't have to worry on finding which property agent is good or which property company has the largest database. You don't even have to worry about talking to multiple agents or arranging / coordinating property viewing with them. We will take care of that. The property agents will take you around to show you only what you have requested.

When you have selected the property that you like, we will be there to give you independent advice and tell you if that unit is good or overpriced. We will make sure that you don't end up with the short end of the stick. Have a look at our page " About Us" (click here to open in a separate window) and read  what our clients has to say about us. If you need loan or any legal advice, we will help you with the banks and the solicitors.

If you decide to make the property into your home, we will help you with the renovation and remodeling work. We have good and reliable contractors and interior designers and if you decide to take up our relocation assistance, we will monitor their work for you. No worries, no fuss.

Lastly, we have the property management services where we will help to keep an eye on your property while you are away in your home country (like paying your bills).

Refer to the page under "Our Services"  (click here to open in a separate window) for more information.

With our assistance in property purchase, we provide assistance that will make your property purchase easy and painless. Our track record says for itself. Contact us and we will see how we can help you to coordinate your property purchase in Penang.

Check out this book written by our property consultant : The Malaysian Property Guide

 

Sample properties in Penang

We have put in a lot of pictures to showcase what Penang has to offer. Do bear with us and we would like to apologize for the inconvenience caused. Email us and we will give you more information.

We are independent advisors and we are not affiliated with any developers. We have requested photos and information  from developers for us to put at our website. We are not responsible for any inaccuracies or changes made by the developers. Do contact us for the latest information or pricing.

Properties in Tanjung Bungah and Batu Ferringhi (images and details)

Landed residential property  (click here to go to The Sanctuary which is located at the south of the island)

Affordable condominiums

High end / luxurious condominiums

Properties in Georgetown

Kulim

The link above is for properties in the town of Kulim (state of Kedah). Land in Kulim is cheaper and you can live in villas or bungalows in the golf course. You design and build your own villa and the prices are not expensive. By car, it is 35minutes to Butterworth and 50 minutes to Penang. Prices starts at RM350,000 (US$95,000 / 55,000 / 80,000)