{"id":111887,"date":"2025-05-15T17:49:21","date_gmt":"2025-05-15T09:49:21","guid":{"rendered":"https:\/\/iqiglobal.com\/blog\/?p=111887"},"modified":"2026-01-09T15:56:52","modified_gmt":"2026-01-09T07:56:52","slug":"top-5-new-housing-developments-in-penang","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/top-5-new-housing-developments-in-penang\/","title":{"rendered":"Top 5 New Housing Developments in Penang Island"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p><strong><em>Version: <a href=\"https:\/\/iqiglobal.com\/blog\/cn\/penang-new-housing-developments\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-text-hover-color\">CN<\/mark><\/a>, <a href=\"https:\/\/iqiglobal.com\/blog\/bm\/projek-terbaru-di-pulau-pinang-yang-berpotensi-2025\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-text-hover-color\">BM<\/mark><\/a><\/em><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide sc_height_tiny\">\n\n\n\n<p>Penang, located on the northwest coast of <strong>Peninsular Malaysia,<\/strong> continues to solidify its reputation as one of the top destinations for homebuyers and investors.<\/p>\n\n\n\n<p>Known as the<strong> &ldquo;food capital&rdquo;<\/strong> of the country, this Malaysian state offers more than just <strong>local delicacies <\/strong>and<strong> heritage-rich streets<\/strong>, it&rsquo;s a dynamic centre fo<strong>r urban living, culture, and tourism.<\/strong><\/p>\n\n\n\n<p>Whether you&rsquo;re drawn to the <strong>colonial buildings of George Town<\/strong> or the <strong>modern skyline<\/strong> stretching across the island, Penang&rsquo;s real estate opportunities are booming.<\/p>\n\n\n\n<p><strong>Choosing the right accommodation<\/strong> for your family or investment needs in Penang Island can be overwhelming, especially when considering <strong>location, accessibility, amenities<\/strong>, and <strong>long-term value.<\/strong><\/p>\n\n\n\n<p>Explore this guide of the top new residential apartments and landed homes, each designed to meet diverse lifestyles, budgets, and priorities!<\/p>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2>Discover Your New Home or Investment!<\/h2><ul><li><a href=\"#h-1-the-navens-butterworth\" data-level=\"2\">1. The Navens @ Butterworth<\/a><\/li><li><a href=\"#h-2-noordinz-suites-george-town\" data-level=\"2\">2. Noordinz Suites @ George Town<\/a><\/li><li><a href=\"#h-3-baymont-residence-bayan-lepas\" data-level=\"2\">3. Baymont Residence @ Bayan Lepas<\/a><\/li><li><a href=\"#h-4-the-anton-pulau-tikus\" data-level=\"2\">4. The Anton @ Pulau Tikus<\/a><\/li><li><a href=\"#h-5-d-courtyards-machang-bubok\" data-level=\"2\">5. d&rsquo;Courtyards @ Machang Bubok<\/a><\/li><li><a href=\"#h-tips-when-considering-a-new-home-in-penang\" data-level=\"2\">Tips When Considering a New Home in Penang<\/a><\/li><li><a href=\"#h-frequently-asked-questions-faqs\" data-level=\"2\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide sc_height_tiny\">\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-1-the-navens-butterworth\">1. <strong>The Navens @ Butterworth<\/strong><\/h2>\n\n\n\n        <div class=\"property-slide item\">\n            <a class=\"property-image\" href=\"https:\/\/www.iqiglobal.com\/project\/jalan-pinggiran-machang-bubok--14020-bukit-mertajam--pulau-pinang\/the-navens\">\n                <img decoding=\"async\" src=\"https:\/\/atlasproduction.s3.amazonaws.com\/images\/overview_image\/2070\/extra_large\/21f7dd802777129060c5201ef2528ba5c6ffde6f.?1727423877\" alt=\"the navens condominium\" \/>\n            <\/a>\n            <div class=\"property-content\">\n                <div>\n                    <a href=\"https:\/\/www.iqiglobal.com\/project\/jalan-pinggiran-machang-bubok--14020-bukit-mertajam--pulau-pinang\/the-navens\">\n                        <h3>the navens condominium<\/h3>\n                    <\/a>\n                    <div class=\"property-details\">\n                        jalan pinggiran machang bubok, 14020 bukit mertajam, pulau pinang\n                    <\/div>\n                <\/div>\n                <div>\n                    <div class=\"property-details\">3 beds | 2 - 3 baths | 196,020 sqft<\/div>\n                    <strong class=\"property-price\">\n                        MYR 475,000\n                    <\/strong>\n                <\/div>\n            <\/div>\n        <\/div>\n    \n\n\n\n<p>The Navens is a <strong>low-density<\/strong> development in<strong> Butterworth<\/strong>, just off the Penang Bridge.<\/p>\n\n\n\n<p>Located on the mainland, it provides <strong>excellent connectivity<\/strong> to Penang Island, offering a quieter lifestyle while staying close to the city centre.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-project-overview\">Project Overview<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th>Feature<\/th><th>Details<\/th><\/tr><tr><td><strong>Location<\/strong><\/td><td>Jalan Raja Uda, Butterworth<\/td><\/tr><tr><td><strong>Built-up Sizes<\/strong><\/td><td>801 &ndash; 1,195 sq ft<\/td><\/tr><tr><td><strong>Price Range<\/strong><\/td><td>From RM398,800<\/td><\/tr><tr><td><strong>Tenure<\/strong><\/td><td>Freehold<\/td><\/tr><tr><td><strong>Developer<\/strong><\/td><td>WHH Land Sdn Bhd<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-features-amp-amenities\">Key Features &amp; Amenities:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>5 towers with over 2,000 serviced apartment units<\/li>\n\n\n\n<li>Lifestyle-focused facilities like co-working space, gym, and swimming pool<\/li>\n\n\n\n<li>Commercial components for retail convenience within the development<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-why-consider-the-navens\">Why Consider The Navens?<\/h3>\n\n\n\n<p>The Navens offers <strong>value-focused living<\/strong> for <strong>first-time buyers and small families.<\/strong><\/p>\n\n\n\n<p>Residents benefit from city amenities like a co-working space and pool while enjoying peace on the mainland.<\/p>\n\n\n\n<p><strong>Services <\/strong>and <strong>schools are nearby<\/strong>, and the development&rsquo;s expected growth adds<strong> long-term value.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2-noordinz-suites-george-town\">2. Noordinz Suites @ George Town<\/h2>\n\n\n\n        <div class=\"property-slide item\">\n            <a class=\"property-image\" href=\"https:\/\/www.iqiglobal.com\/project\/49--gat-lebuh-noordin--george-town--10300-george-town--pulau-pinang\/Noordinz-Suites\">\n                <img decoding=\"async\" src=\"https:\/\/atlasproduction.s3.amazonaws.com\/images\/overview_image\/1845\/extra_large\/fee55a68ec0dc7af1ab80ba96f162825753bd8c5.?1707880360\" alt=\"noordinz suites\" \/>\n            <\/a>\n            <div class=\"property-content\">\n                <div>\n                    <a href=\"https:\/\/www.iqiglobal.com\/project\/49--gat-lebuh-noordin--george-town--10300-george-town--pulau-pinang\/Noordinz-Suites\">\n                        <h3>noordinz suites<\/h3>\n                    <\/a>\n                    <div class=\"property-details\">\n                        49, gat lebuh noordin, george town, 10300 george town, pulau pinang\n                    <\/div>\n                <\/div>\n                <div>\n                    <div class=\"property-details\">1 - 2 beds | 1 -2  baths | 83,012 sqft<\/div>\n                    <strong class=\"property-price\">\n                        MYR 593,800\n                    <\/strong>\n                <\/div>\n            <\/div>\n        <\/div>\n    \n\n\n\n<p>Located in the<strong> heritage-rich centre<\/strong> of George Town, popularly known as Penang&rsquo;s largest city, Noordinz Suites combines compact city apartments with lifestyle convenience.<\/p>\n\n\n\n<p>Positioned<strong> minutes away<\/strong> from <strong>major services, restaurants, and malls, <\/strong>it&rsquo;s ideal for<strong> digital nomads, medical tourists, or investors<\/strong> targeting short-term rentals.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-project-overview-0\">Project Overview<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th><strong>Feature<\/strong><\/th><th><strong>Details<\/strong><\/th><\/tr><tr><td><strong>Location<\/strong><\/td><td>Gat Lebuh Noordin, George Town<\/td><\/tr><tr><td><strong>Built-up Sizes<\/strong><\/td><td>377 &ndash; 603 sq ft<\/td><\/tr><tr><td><strong>Price Range<\/strong><\/td><td>RM593,800 &ndash; RM942,900<\/td><\/tr><tr><td><strong>Tenure<\/strong><\/td><td>Freehold<\/td><\/tr><tr><td><strong>Developer<\/strong><\/td><td>EXSIM Group<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-features-amp-amenities-0\">Key Features &amp; Amenities:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>603 serviced apartment units with smart home integration and hotel-style interiors<\/li>\n\n\n\n<li>Facilities include a sky gym, infinity pool, reading lounge, co-working space, jacuzzi, and more<\/li>\n\n\n\n<li>24-hour security with gated access, concierge lobby, and covered parking<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-why-consider-noordinz-suites\">Why Consider Noordinz Suites?<\/h3>\n\n\n\n<p>This modern serviced apartment development includes <strong>smart home features, <\/strong>a sky gym, and a concierge lobby.<\/p>\n\n\n\n<p><strong>Located near Gurney Drive, Komtar<\/strong>, and <strong>public transport<\/strong>, it also appeals to those seeking short walk access to Penang&rsquo;s best services and amenities.<\/p>\n\n\n\n<p>Its location on Penang Island&rsquo;s northern corridor places it close to the upscale neighbourhoods of Tanjung Tokong and Tanjung Bungah.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-3-baymont-residence-bayan-lepas\"><br>3. Baymont Residence @ Bayan Lepas<\/h2>\n\n\n<p>Error: Unable to fetch property details.<\/p>\n\n\n\n<p>Baymont Residence, located in the south of Penang Island, in <strong>Bayan Lepas,<\/strong> offers a premium lifestyle with privacy in mind.<\/p>\n\n\n\n<p>The development comprises <strong>freehold bungalows<\/strong> with <strong>eco-conscious<\/strong> features and <strong>large family spaces, <\/strong>making it ideal for multi-generational living.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-project-overview-1\">Project Overview<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th>Feature<\/th><th>Details<\/th><\/tr><tr><td><strong>Total Units<\/strong><\/td><td>79 three-storey freehold bungalows<\/td><\/tr><tr><td><strong>Built-Up Area<\/strong><\/td><td>4,377 sq ft to 4,973 sq ft<\/td><\/tr><tr><td><strong>Land Area<\/strong><\/td><td>Between 3,972 sq ft and 12,023 sq ft<\/td><\/tr><tr><td><strong>Layouts<\/strong><\/td><td>5 bedrooms + 5 bathrooms or 6 bedrooms + 6 bathrooms<\/td><\/tr><tr><td><strong>Tenure<\/strong><\/td><td>Freehold<\/td><\/tr><tr><td><strong>Developer<\/strong><\/td><td>WHH Land<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-features-amp-amenities-1\">Key Features &amp; Amenities<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gated &amp; guarded community for peace of mind<\/li>\n\n\n\n<li>Private clubhouse with infinity pool, gymnasium, sauna, multipurpose hall, and kid&rsquo;s pool<\/li>\n\n\n\n<li>Outdoor children&rsquo;s playground<\/li>\n\n\n\n<li>Green building initiatives including rainwater harvesting and solar panel hot water systems<\/li>\n\n\n\n<li>Built-in lifts in each unit for convenience<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-why-consider-baymont-residence\">Why Consider Baymont Residence?<\/h3>\n\n\n\n<p>Its location <strong>near the Penang International Airport<\/strong> and <strong>Bayan Lepas industrial hub<\/strong>, famous for electronics manufacturing, ensures daily conveniences and strong rental demand.<\/p>\n\n\n\n<p>Families will appreciate the <strong>large courtyards<\/strong>, <strong>children&rsquo;s facilities,<\/strong> and <strong>energy-efficient systems<\/strong>.<\/p>\n\n\n\n<p>As Pulau Pinang&rsquo;s property values continue to climb, this limited development stands out as a <strong>high-potential investment.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-4-the-anton-pulau-tikus\"><br>4. The Anton @ Pulau Tikus<\/h2>\n\n\n<p>Error: Unable to fetch property details.<\/p>\n\n\n\n<p>Located in the upscale George Town suburb of <strong>Pulau Tikus<\/strong>, The Anton delivers luxurious, low-density city living.<\/p>\n\n\n\n<p>It&rsquo;s a<strong> short drive from Gurney Drive and Straits Quay<\/strong>, with easy access to<strong> international schools, hospitals<\/strong>, and<strong> coastal dining options.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-project-overview-2\">Project Overview<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th>Feature<\/th><th>Details<\/th><\/tr><tr><td><strong>Total Units<\/strong><\/td><td>51 units across 13 stories<\/td><\/tr><tr><td><strong>Built-Up Area<\/strong><\/td><td>2,698 sq ft to 5,470 sq ft<\/td><\/tr><tr><td><strong>Layouts<\/strong><\/td><td>3+2 bedrooms to 4+4 bedrooms, 4 to 5 bathrooms<\/td><\/tr><tr><td><strong>Tenure<\/strong><\/td><td>Freehold<\/td><\/tr><tr><td><strong>Developer<\/strong><\/td><td>Tamarins Group<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-features-amp-amenities-2\">Key Features &amp; Amenities<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gated &amp; guarded for security<\/li>\n\n\n\n<li>Private lift lobby for each unit enhancing privacy<\/li>\n\n\n\n<li>Swimming pool, wading pool, gymnasium, BBQ deck<\/li>\n\n\n\n<li>Gourmet kitchen and landscaped garden<\/li>\n\n\n\n<li>Function hall for community events<\/li>\n\n\n\n<li>Eco-friendly features including electric vehicle charging stations<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-why-consider-the-anton\">Why Consider The Anton?<\/h3>\n\n\n\n<p>The Anton integrates exclusive facilities like<strong> EV charging stations<\/strong> and <strong>private lift lobbies <\/strong>with <strong>community spaces<\/strong> for <strong>children and family gatherings.<\/strong><\/p>\n\n\n\n<p>This project caters to affluent locals and the Chinese community seeking a blend of tradition, security, and contemporary living in Penang Island&rsquo;s northern region.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-5-d-courtyards-machang-bubok\">5. d&rsquo;Courtyards @ Machang Bubok<\/h2>\n\n\n\n        <div class=\"property-slide item\">\n            <a class=\"property-image\" href=\"https:\/\/www.iqiglobal.com\/project\/bukit-mertajam--penang--malaysia\/d-courtyards\">\n                <img decoding=\"async\" src=\"https:\/\/atlasproduction.s3.amazonaws.com\/images\/overview_image\/2087\/extra_large\/9ecc6eeeb39d2365e5bfc311f00e133c982a997d.?1727940851\" alt=\"d&#039;courtyards (2 storey terrace)\" \/>\n            <\/a>\n            <div class=\"property-content\">\n                <div>\n                    <a href=\"https:\/\/www.iqiglobal.com\/project\/bukit-mertajam--penang--malaysia\/d-courtyards\">\n                        <h3>d&#039;courtyards (2 storey terrace)<\/h3>\n                    <\/a>\n                    <div class=\"property-details\">\n                        bukit mertajam, penang, malaysia\n                    <\/div>\n                <\/div>\n                <div>\n                    <div class=\"property-details\">4 beds | 4 baths<\/div>\n                    <strong class=\"property-price\">\n                        MYR 688,000\n                    <\/strong>\n                <\/div>\n            <\/div>\n        <\/div>\n    \n\n\n\n<p>d&rsquo;Courtyards is situated in the fast-growing township of <strong>Machang Bubok<\/strong>, off Jalan Machang Bubok.<\/p>\n\n\n\n<p>It&rsquo;s approximately <strong>500 meters<\/strong> from<strong> SK Machang Bubok 2<\/strong> and about a 10-minute drive to <strong>AEON Mall <\/strong>at Alma.<\/p>\n\n\n\n<p>The development is also near the <strong>Vangohh Eminent Hotel<\/strong> and surrounded by other residential projects such as The Navens, Garden Terraces, and Hillpark Residences.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-project-overview-3\">Project Overview<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th>Feature<\/th><th>Details<\/th><\/tr><tr><td><strong>Total Units<\/strong><\/td><td>71 double-storey terrace houses<\/td><\/tr><tr><td><strong>Layouts<\/strong><\/td><td>Type A: Built-up 26&prime; x 42&prime;; land 26&prime; x 65&prime;<br>Type B: Built-up 22&prime; x 43&prime;; land 22&prime; x 75&prime;<\/td><\/tr><tr><td><strong>Bedrooms \/ Bathrooms<\/strong><\/td><td>4 bedrooms and 4 bathrooms per unit<\/td><\/tr><tr><td><strong>Tenure<\/strong><\/td><td>Freehold<\/td><\/tr><tr><td><strong>Developer<\/strong><\/td><td>DSG Century Sdn Bhd<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-features-amp-amenities-3\">Key Features &amp; Amenities<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gated &amp; guarded community ensuring security<\/li>\n\n\n\n<li>Basketball court, jogging track, outdoor playground, pocket gardens with benches<\/li>\n\n\n\n<li>Club lounge for community gatherings<\/li>\n\n\n\n<li>Private courtyard for each home enhancing natural light and ventilation<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-why-consider-d-courtyards\">Why Consider d&rsquo;Courtyards?<\/h3>\n\n\n\n<p>Residents can enjoy <strong>peaceful, family-focused living near schools<\/strong>, <strong>night markets<\/strong>, and <strong>public amenities.<\/strong><\/p>\n\n\n\n<p>The development includes jogging tracks, playgrounds, and a club lounge.<\/p>\n\n\n\n<p>Given its <strong>proximity to the city<\/strong>, <strong>island access<\/strong>, and location in Negeri Pulau&rsquo;s growing corridor, this project is expected to appreciate steadily.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-tips-when-considering-a-new-home-in-penang\">Tips When Considering a New Home in Penang<\/h2>\n\n\n\n<p>Before you commit to a property, it helps to review a few key factors that can make or break your investment:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-location-amp-accessibility\">1. <strong>Location &amp; Accessibility<\/strong><\/h3>\n\n\n\n<p>Prioritise projects with <strong>good road access<\/strong>, proximity to <strong>public transportation<\/strong>, and nearby <strong>commercial <\/strong>or <strong>educational centres.<\/strong><\/p>\n\n\n\n<p>Being near essentials saves time and enhances long-term value.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-developer-reputation\">2. <strong>Developer Reputation<\/strong><\/h3>\n\n\n\n<p>Opt for <strong>developers <\/strong>with a <strong>strong track record<\/strong> in <strong>quality<\/strong>, <strong>timely delivery<\/strong>, and <strong>post-handover service.<\/strong><\/p>\n\n\n\n<p>A well-known developer often brings <strong>higher buyer confidence<\/strong> and <strong>better resale value.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-tenure-amp-legal-terms\"><strong>3. Tenure &amp; Legal Terms<\/strong><\/h3>\n\n\n\n<p><strong>Freehold properties<\/strong> are generally more sought after for<strong> long-term ownership<\/strong>, though leasehold projects in prime areas may also offer strong value propositions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-facilities-amp-community-living\">4. <strong>Facilities &amp; Community Living<\/strong><\/h3>\n\n\n\n<p>Evaluate if the development offers <strong>practical amenities<\/strong> that <strong>suit your lifestyle.<\/strong><\/p>\n\n\n\n<p>Families may prefer playgrounds and multipurpose halls, while working professionals might benefit more from co-working spaces and gyms.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-resale-amp-rental-potential\">5. <strong>Resale &amp; Rental Potential<\/strong><\/h3>\n\n\n\n<p>If investment is your goal, look at surrounding <strong>rental demand,<\/strong> <strong>occupancy trends,<\/strong> and the area&rsquo;s future development plans.<\/p>\n\n\n\n<p>A well-connected, fully furnished unit near key employment zones will usually see <strong>higher rental returns.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"480\" height=\"320\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/05\/15171939\/shutterstock_1971066797.webp\" alt=\"\" class=\"wp-image-111894\" style=\"width:831px;height:auto\" srcset=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/05\/15171939\/shutterstock_1971066797.webp 480w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/05\/15171939\/shutterstock_1971066797-300x200.webp 300w, https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/05\/15171939\/shutterstock_1971066797-370x247.webp 370w\" sizes=\"(max-width: 600px) 100vw, 480px\" \/><\/figure>\n\n\n\n<p>From beachfront retreats to high-rise city apartments, Penang offers diverse options for every type of buyer.<\/p>\n\n\n\n<p>Whether you&rsquo;re relocating from Kuala Lumpur, upgrading within Penang Island, or investing from abroad, these properties deliver strong location advantages, modern services, and smart layouts.<\/p>\n\n\n\n<p>When evaluating new developments in Pulau Pinang, always consider transport links, developer reputation, unit size, and community facilities.<\/p>\n\n\n\n<p>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&rsquo;s future.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\">Frequently Asked Questions (FAQs)<\/h2>\n\n\n\n<div class=\"wp-block-esab-accordion esab-dod98jl7\" data-mode=\"global\"><div class=\"esab__container\">\n<div class=\"wp-block-esab-accordion-child\"><div class=\"esab__head\" role=\"button\" aria-expanded=\"false\"><div class=\"esab__heading_txt\"><p class=\"esab__heading_tag\">Is Penang property a good investment?<\/p><\/div><div class=\"esab__icon\"><div class=\"esab__collapse\"> <svg version=\"1.2\" viewbox=\"0 0 24 24\" width=\"24\" height=\"24\"><path fill-rule=\"evenodd\" d=\"m3.5 20.5c-4.7-4.7-4.7-12.3 0-17 4.7-4.7 12.3-4.7 17 0 4.6 4.7 4.6 12.3 0 17-4.7 4.6-12.3 4.6-17 0zm0.9-0.9c4.2 4.2 11 4.2 15.2 0 4.2-4.2 4.2-11 0-15.2-4.2-4.3-11-4.3-15.2 0-4.3 4.2-4.3 11 0 15.2z\"><\/path><path d=\"m11.4 15.9v-3.3h-3.3c-0.3 0-0.6-0.3-0.6-0.6 0-0.4 0.3-0.6 0.6-0.6h3.3v-3.3c0-0.3 0.3-0.6 0.6-0.6 0.3 0 0.6 0.3 0.6 0.6v3.3h3.3c0.3 0 0.6 0.2 0.6 0.6q0 0.2-0.2 0.4-0.2 0.2-0.4 0.2h-3.3v3.3q0 0.2-0.2 0.4-0.2 0.2-0.4 0.2c-0.4 0-0.6-0.3-0.6-0.6z\"><\/path><\/svg> <\/div><div class=\"esab__expand\"> <svg version=\"1.2\" viewbox=\"0 0 24 24\" width=\"24\" height=\"24\"><path fill-rule=\"evenodd\" d=\"m12 24c-6.6 0-12-5.4-12-12 0-6.6 5.4-12 12-12 6.6 0 12 5.4 12 12 0 6.6-5.4 12-12 12zm10.6-12c0-5.9-4.7-10.6-10.6-10.6-5.9 0-10.6 4.7-10.6 10.6 0 5.9 4.7 10.6 10.6 10.6 5.9 0 10.6-4.7 10.6-10.6z\"><\/path><path d=\"m5.6 11.3h12.8v1.4h-12.8z\"><\/path><\/svg> <\/div><\/div><\/div><div class=\"esab__body\">\n<p>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.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-esab-accordion-child\"><div class=\"esab__head\" role=\"button\" aria-expanded=\"false\"><div class=\"esab__heading_txt\"><p class=\"esab__heading_tag\">How much do I need to retire in Penang?<\/p><\/div><div class=\"esab__icon\"><div class=\"esab__collapse\"> <svg version=\"1.2\" viewbox=\"0 0 24 24\" width=\"24\" height=\"24\"><path fill-rule=\"evenodd\" d=\"m3.5 20.5c-4.7-4.7-4.7-12.3 0-17 4.7-4.7 12.3-4.7 17 0 4.6 4.7 4.6 12.3 0 17-4.7 4.6-12.3 4.6-17 0zm0.9-0.9c4.2 4.2 11 4.2 15.2 0 4.2-4.2 4.2-11 0-15.2-4.2-4.3-11-4.3-15.2 0-4.3 4.2-4.3 11 0 15.2z\"><\/path><path d=\"m11.4 15.9v-3.3h-3.3c-0.3 0-0.6-0.3-0.6-0.6 0-0.4 0.3-0.6 0.6-0.6h3.3v-3.3c0-0.3 0.3-0.6 0.6-0.6 0.3 0 0.6 0.3 0.6 0.6v3.3h3.3c0.3 0 0.6 0.2 0.6 0.6q0 0.2-0.2 0.4-0.2 0.2-0.4 0.2h-3.3v3.3q0 0.2-0.2 0.4-0.2 0.2-0.4 0.2c-0.4 0-0.6-0.3-0.6-0.6z\"><\/path><\/svg> <\/div><div class=\"esab__expand\"> <svg version=\"1.2\" viewbox=\"0 0 24 24\" width=\"24\" height=\"24\"><path fill-rule=\"evenodd\" d=\"m12 24c-6.6 0-12-5.4-12-12 0-6.6 5.4-12 12-12 6.6 0 12 5.4 12 12 0 6.6-5.4 12-12 12zm10.6-12c0-5.9-4.7-10.6-10.6-10.6-5.9 0-10.6 4.7-10.6 10.6 0 5.9 4.7 10.6 10.6 10.6 5.9 0 10.6-4.7 10.6-10.6z\"><\/path><path d=\"m5.6 11.3h12.8v1.4h-12.8z\"><\/path><\/svg> <\/div><\/div><\/div><div class=\"esab__body\">\n<p>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.<\/p>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide sc_height_tiny\">\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-text-hover-color\">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!<\/mark><\/strong><\/p>\n\n\n\n<div class=\"wp-block-leadin-hubspot-form-block\">\n\t\t\t\t\t\t<script>\n\t\t\t\t\t\t\twindow.hsFormsOnReady = window.hsFormsOnReady || [];\n\t\t\t\t\t\t\twindow.hsFormsOnReady.push(()=>{\n\t\t\t\t\t\t\t\thbspt.forms.create({\n\t\t\t\t\t\t\t\t\tportalId: 5699703,\n\t\t\t\t\t\t\t\t\tformId: \"85ebae59-f425-419b-a59d-3531ad1df948\",\n\t\t\t\t\t\t\t\t\ttarget: \"#hbspt-form-1776668767000-6258491807\",\n\t\t\t\t\t\t\t\t\tregion: \"na1\",\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t})});\n\t\t\t\t\t\t<\/script>\n\t\t\t\t\t\t<div class=\"hbspt-form\" id=\"hbspt-form-1776668767000-6258491807\"><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide sc_height_tiny\">\n\n\n\n<p class=\"has-text-align-center\"><strong>Continue Reading:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-text-hover-color\"><strong><a href=\"https:\/\/iqiglobal.com\/blog\/penang-turf-club\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Penang Turf Club: From Racing Legacy to Future Land Prospects<\/a><\/strong><\/mark><\/li>\n\n\n\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-text-hover-color\"><a href=\"https:\/\/iqiglobal.com\/blog\/penang-property-insights\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Penang Property Insights: Beautiful Homes by the Sea, Upcoming Mutiara LRT Brings High Return Potential<\/a><\/mark><\/strong><\/li>\n\n\n\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-text-hover-color\"><a href=\"https:\/\/iqiglobal.com\/blog\/what-first-homebuyers-wish-they-knew\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">15 Things First-Time Homebuyers Wish They Knew Before Buying Their First House<\/a><\/mark><\/strong><\/li>\n<\/ol>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Version: CN, BM 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 &ldquo;food capital&rdquo; of the country, this Malaysian state offers more than just local delicacies and heritage-rich streets, it&rsquo;s a dynamic centre for urban living, culture,&hellip;<\/p>\n","protected":false},"author":41,"featured_media":111893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[222],"tags":[12973,10904,265,231,12931,304,1646,224],"class_list":["post-111887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights","tag-gmi-market-insights-my","tag-home-hunt","tag-investment","tag-iqi-en","tag-iqi-penang-market-insights","tag-malaysia","tag-penang","tag-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top 5 New Housing Developments in Penang Island<\/title>\n<meta name=\"description\" content=\"Are you looking for the perfect home for your family or investment in Penang? 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Check out the top 5 new housing developments in Penang Island!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/iqiglobal.com\/blog\/top-5-new-housing-developments-in-penang\/\" \/>\n<meta property=\"og:site_name\" content=\"IQI Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/IqiGlobal\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-15T09:49:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-09T07:56:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/05\/15171825\/shutterstock_1608268438-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mynn-Huey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@IQIGlobal\" \/>\n<meta name=\"twitter:site\" content=\"@IQIGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mynn-Huey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/top-5-new-housing-developments-in-penang\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/top-5-new-housing-developments-in-penang\/\"},\"author\":{\"name\":\"Mynn-Huey\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/#\/schema\/person\/8154270897f2ca5969e4e3fbfb5764f3\"},\"headline\":\"Top 5 New Housing Developments in Penang Island\",\"datePublished\":\"2025-05-15T09:49:21+00:00\",\"dateModified\":\"2026-01-09T07:56:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/top-5-new-housing-developments-in-penang\/\"},\"wordCount\":1485,\"publisher\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/top-5-new-housing-developments-in-penang\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/05\/15171825\/shutterstock_1608268438-1.jpg\",\"keywords\":[\"GMI Market Insights (Malaysia)\",\"Home Hunt\",\"investment\",\"IQI\",\"IQI Penang Blog\",\"Malaysia\",\"penang\",\"real estate\"],\"articleSection\":[\"Market Insights\"],\"inLanguage\":\"en-US\",\"accessibilityFeature\":[\"tableOfContents\"]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/top-5-new-housing-developments-in-penang\/\",\"url\":\"https:\/\/iqiglobal.com\/blog\/top-5-new-housing-developments-in-penang\/\",\"name\":\"Top 5 New Housing Developments in Penang Island\",\"isPartOf\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/top-5-new-housing-developments-in-penang\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/top-5-new-housing-developments-in-penang\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2025\/05\/15171825\/shutterstock_1608268438-1.jpg\",\"datePublished\":\"2025-05-15T09:49:21+00:00\",\"dateModified\":\"2026-01-09T07:56:52+00:00\",\"description\":\"Are you looking for the perfect home for your family or investment in Penang? 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