Penang, located on the northwest coast of Peninsular Malaysia, continues to solidify its reputation as one of the top destinations for homebuyers and investors.
Known as the “food capital” of the country, this Malaysian state offers more than just local delicacies and heritage-rich streets, it’s a dynamic centre for urban living, culture, and tourism.
Whether you’re drawn to the colonial buildings of George Town or the modern skyline stretching across the island, Penang’s real estate opportunities are booming.
Choosing the right accommodation for your family or investment needs in Penang Island can be overwhelming, especially when considering location, accessibility, amenities, and long-term value.
Explore this guide of the top new residential apartments and landed homes, each designed to meet diverse lifestyles, budgets, and priorities!
Discover Your New Home or Investment!
1. The Navens @ Butterworth
the navens condominium
The Navens is a low-density development in Butterworth, just off the Penang Bridge.
Located on the mainland, it provides excellent connectivity to Penang Island, offering a quieter lifestyle while staying close to the city centre.
Project Overview
| Feature | Details |
|---|---|
| Location | Jalan Raja Uda, Butterworth |
| Built-up Sizes | 801 – 1,195 sq ft |
| Price Range | From RM398,800 |
| Tenure | Freehold |
| Developer | WHH Land Sdn Bhd |
Key Features & Amenities:
- 5 towers with over 2,000 serviced apartment units
- Lifestyle-focused facilities like co-working space, gym, and swimming pool
- Commercial components for retail convenience within the development
Why Consider The Navens?
The Navens offers value-focused living for first-time buyers and small families.
Residents benefit from city amenities like a co-working space and pool while enjoying peace on the mainland.
Services and schools are nearby, and the development’s expected growth adds long-term value.
2. Noordinz Suites @ George Town
noordinz suites
Located in the heritage-rich centre of George Town, popularly known as Penang’s largest city, Noordinz Suites combines compact city apartments with lifestyle convenience.
Positioned minutes away from major services, restaurants, and malls, it’s ideal for digital nomads, medical tourists, or investors targeting short-term rentals.
Project Overview
| Feature | Details |
|---|---|
| Location | Gat Lebuh Noordin, George Town |
| Built-up Sizes | 377 – 603 sq ft |
| Price Range | RM593,800 – RM942,900 |
| Tenure | Freehold |
| Developer | EXSIM Group |
Key Features & Amenities:
- 603 serviced apartment units with smart home integration and hotel-style interiors
- Facilities include a sky gym, infinity pool, reading lounge, co-working space, jacuzzi, and more
- 24-hour security with gated access, concierge lobby, and covered parking
Why Consider Noordinz Suites?
This modern serviced apartment development includes smart home features, a sky gym, and a concierge lobby.
Located near Gurney Drive, Komtar, and public transport, it also appeals to those seeking short walk access to Penang’s best services and amenities.
Its location on Penang Island’s northern corridor places it close to the upscale neighbourhoods of Tanjung Tokong and Tanjung Bungah.
3. Baymont Residence @ Bayan Lepas
baymont residences
Baymont Residence, located in the south of Penang Island, in Bayan Lepas, offers a premium lifestyle with privacy in mind.
The development comprises freehold bungalows with eco-conscious features and large family spaces, making it ideal for multi-generational living.
Project Overview
| Feature | Details |
|---|---|
| Total Units | 79 three-storey freehold bungalows |
| Built-Up Area | 4,377 sq ft to 4,973 sq ft |
| Land Area | Between 3,972 sq ft and 12,023 sq ft |
| Layouts | 5 bedrooms + 5 bathrooms or 6 bedrooms + 6 bathrooms |
| Tenure | Freehold |
| Developer | WHH Land |
Key Features & Amenities
- Gated & guarded community for peace of mind
- Private clubhouse with infinity pool, gymnasium, sauna, multipurpose hall, and kid’s pool
- Outdoor children’s playground
- Green building initiatives including rainwater harvesting and solar panel hot water systems
- Built-in lifts in each unit for convenience
Why Consider Baymont Residence?
Its location near the Penang International Airport and Bayan Lepas industrial hub, famous for electronics manufacturing, ensures daily conveniences and strong rental demand.
Families will appreciate the large courtyards, children’s facilities, and energy-efficient systems.
As Pulau Pinang’s property values continue to climb, this limited development stands out as a high-potential investment.
4. The Anton @ Pulau Tikus
the anton
Located in the upscale George Town suburb of Pulau Tikus, The Anton delivers luxurious, low-density city living.
It’s a short drive from Gurney Drive and Straits Quay, with easy access to international schools, hospitals, and coastal dining options.
Project Overview
| Feature | Details |
|---|---|
| Total Units | 51 units across 13 stories |
| Built-Up Area | 2,698 sq ft to 5,470 sq ft |
| Layouts | 3+2 bedrooms to 4+4 bedrooms, 4 to 5 bathrooms |
| Tenure | Freehold |
| Developer | Tamarins Group |
Key Features & Amenities
- Gated & guarded for security
- Private lift lobby for each unit enhancing privacy
- Swimming pool, wading pool, gymnasium, BBQ deck
- Gourmet kitchen and landscaped garden
- Function hall for community events
- Eco-friendly features including electric vehicle charging stations
Why Consider The Anton?
The Anton integrates exclusive facilities like EV charging stations and private lift lobbies with community spaces for children and family gatherings.
This project caters to affluent locals and the Chinese community seeking a blend of tradition, security, and contemporary living in Penang Island’s northern region.
5. d’Courtyards @ Machang Bubok
d'courtyards (2 storey terrace)
d’Courtyards is situated in the fast-growing township of Machang Bubok, off Jalan Machang Bubok.
It’s approximately 500 meters from SK Machang Bubok 2 and about a 10-minute drive to AEON Mall at Alma.
The development is also near the Vangohh Eminent Hotel and surrounded by other residential projects such as The Navens, Garden Terraces, and Hillpark Residences.
Project Overview
| Feature | Details |
|---|---|
| Total Units | 71 double-storey terrace houses |
| Layouts | Type A: Built-up 26′ x 42′; land 26′ x 65′ Type B: Built-up 22′ x 43′; land 22′ x 75′ |
| Bedrooms / Bathrooms | 4 bedrooms and 4 bathrooms per unit |
| Tenure | Freehold |
| Developer | DSG Century Sdn Bhd |
Key Features & Amenities
- Gated & guarded community ensuring security
- Basketball court, jogging track, outdoor playground, pocket gardens with benches
- Club lounge for community gatherings
- Private courtyard for each home enhancing natural light and ventilation
Why Consider d’Courtyards?
Residents can enjoy peaceful, family-focused living near schools, night markets, and public amenities.
The development includes jogging tracks, playgrounds, and a club lounge.
Given its proximity to the city, island access, and location in Negeri Pulau’s growing corridor, this project is expected to appreciate steadily.
Tips When Considering a New Home in Penang
Before you commit to a property, it helps to review a few key factors that can make or break your investment:
1. Location & Accessibility
Prioritise projects with good road access, proximity to public transportation, and nearby commercial or educational centres.
Being near essentials saves time and enhances long-term value.
2. Developer Reputation
Opt for developers with a strong track record in quality, timely delivery, and post-handover service.
A well-known developer often brings higher buyer confidence and better resale value.
3. Tenure & Legal Terms
Freehold properties are generally more sought after for long-term ownership, though leasehold projects in prime areas may also offer strong value propositions.
4. Facilities & Community Living
Evaluate if the development offers practical amenities that suit your lifestyle.
Families may prefer playgrounds and multipurpose halls, while working professionals might benefit more from co-working spaces and gyms.
5. Resale & Rental Potential
If investment is your goal, look at surrounding rental demand, occupancy trends, and the area’s future development plans.
A well-connected, fully furnished unit near key employment zones will usually see higher rental returns.
From beachfront retreats to high-rise city apartments, Penang offers diverse options for every type of buyer.
Whether you’re relocating from Kuala Lumpur, upgrading within Penang Island, or investing from abroad, these properties deliver strong location advantages, modern services, and smart layouts.
When evaluating new developments in Pulau Pinang, always consider transport links, developer reputation, unit size, and community facilities.
With the highest population density in Malaysia and the ongoing evolution of this vibrant destination, now is an excellent time to secure your place in Penang’s future.
Frequently Asked Questions (FAQs)
Is Penang property a good investment?
Investing in a new landed house in Penang offers strong potential for capital growth, especially in sought-after locations. Property values have consistently risen over the years, making it a solid long-term asset.
How much do I need to retire in Penang?
A single person can live comfortably in Penang with RM 4,000 to RM 8,500 monthly, while a family of four may spend RM 7,500 to RM 14,000, depending on lifestyle and housing. Its blend of affordability and quality living makes Penang a top choice for expats and retirees.
Start exploring your property investment options in Penang with our experienced property agents! Contact us today for professional guidance and make your dreams come true!
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