{"id":8615,"date":"2019-01-14T18:43:02","date_gmt":"2019-01-14T10:43:02","guid":{"rendered":"https:\/\/www.iqiglobal.com\/blog\/?p=8615"},"modified":"2025-09-11T14:46:20","modified_gmt":"2025-09-11T06:46:20","slug":"property-for-sale-in-penang","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/property-for-sale-in-penang\/","title":{"rendered":"Best Places to Invest in Property in Penang"},"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>Malaysia is a country filled with investment opportunities, especially in the real estate sector. One of the many states in Malaysia which offers tremendous such opportunities, as well as a superb quality of life, is Penang.<\/p>\n<p>The state of Penang is divided into two halves, separated by a narrow channel of water: The mainland Seberang Perai (Province Wellesley), and hilly Penang Island, home to the state&rsquo;s capital, Georgetown. The two halves are linked by bridges and ferries.<\/p>\n<p>Penang Island is one of the most beautiful places in the world, and the perfect place to call home.&nbsp; In this article, we will talk about the best places to buy property in Penang.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-8618 size-medium\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-03-300x222.jpg\" alt=\"batu ferringhi\" width=\"300\" height=\"222\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-03-300x222.jpg 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-03-768x569.jpg 768w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-03-370x274.jpg 370w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-03-865x641.jpg 865w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-03-642x476.jpg 642w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-03.jpg 886w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<h2><strong>1. Batu Ferringhi<\/strong><\/h2>\n<p>One of Penang&rsquo;s most popular destinations, Batu Ferringhi consists of a long, soft, white sandy beach along a road named Jalan Batu Ferringhi. The road itself is filled with a number of accommodations and dining options. Here, you will find everything from high-end to mid-range diners.<\/p>\n<p>With the right investment, you will find a comfortable property here that suits your needs without any issues.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-8619 size-medium\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-08-300x222.jpg\" alt=\"george town\" width=\"300\" height=\"222\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-08-300x222.jpg 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-08-768x569.jpg 768w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-08-370x274.jpg 370w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-08-865x641.jpg 865w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-08-642x476.jpg 642w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-08.jpg 887w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<h2><strong>2. Georgetown<\/strong><\/h2>\n<p>The capital of the state and listed as a UNESCO world heritage site, Georgetown is one of the most colourful cities in Malaysia. Rich in history and boasting of a diverse local culture, you&rsquo;ll find it hard not to fall in love with the place. With many affordable options, like shophouses, townhouses and condos, finding a good property to invest in or even to call home, can be quite simple here.<\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" class=\"alignnone wp-image-8620 size-medium\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-04-300x222.jpg\" alt=\"butterworth\" width=\"300\" height=\"222\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-04-300x222.jpg 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-04-768x569.jpg 768w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-04-370x274.jpg 370w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-04-865x641.jpg 865w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-04-642x476.jpg 642w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-04.jpg 886w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<h2><strong>3. Butterworth (the Mainland)<\/strong><\/h2>\n<p>The main town of Seberang Perai, Butterworth is usually considered a way station or even a transport hub, thanks to its rail links to Kuala Lumpur and the Thai border.<\/p>\n<p>Butterworth has a modest population (recorded at 71,643 in 2010), with a majority being Malaysian Chinese. Properties at Butterworth tend to be priced lower than their counterparts in Penang Island, making them highly affordable and ripe for investment.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8621 size-medium\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-09-300x222.jpg\" alt=\"pulau tikus\" width=\"300\" height=\"222\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-09-300x222.jpg 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-09-768x569.jpg 768w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-09-370x274.jpg 370w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-09-865x641.jpg 865w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-09-642x476.jpg 642w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-09.jpg 887w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<h2><strong>4. Pulau Tikus<\/strong><\/h2>\n<p>Squeezed between Gurney&rsquo;s seafront and the north-eastern part of George Town, Pulau Tikus is one of Penang Island&rsquo;s most affluent suburbs. Chock full of good food and scenic sites, this area is considered the prime location for property investment in the whole of Penang.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-8623 size-medium\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-05-300x223.jpg\" alt=\"gurney drive\" width=\"300\" height=\"223\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-05-300x223.jpg 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-05-768x570.jpg 768w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-05-370x275.jpg 370w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-05-865x642.jpg 865w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-05-642x477.jpg 642w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-05.jpg 886w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<h2><strong>5. Gurney Drive<\/strong><\/h2>\n<p>Also known as Persiaran Gurney, Gurney Drive is perhaps one of the most well-known places in Penang. The place is filled with hawker stalls and is filled with exciting restaurants that come alive at night. It all adds up to a truly unique dining experience, not to mention the sea view. All of this makes Gurney Drive an enviable place to make a home and a great area for real estate investments.<\/p>\n<p>These areas are a few of the prime locations for investment. If you find a good property in these locations, you can be sure that you will glean many benefits from it.<\/p>\n<p>Looking for more properties in Penang? Talk to us, send us a message at hello@iqiglobal.com or call us at 012-299-6155 or 03-7450-6655.<\/p>\n<p>Liked what you read? Check out this article next:&nbsp;<a href=\"https:\/\/iqiglobal.com\/blog\/the-4-best-areas-for-retirees-expats-to-live-in-penang\/\">The 4 Best Areas for Retirees &amp; Expats to Live in Penang<\/a><\/p>\n<p>Be a part of our award-winning team of investors, click here:&nbsp;<a href=\"https:\/\/bit.ly\/2sskZQS\">https:\/\/bit.ly\/2sskZQS<\/a><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia is a country filled with investment opportunities, especially in the real estate sector. One of the many states in Malaysia which offers tremendous such opportunities, as well as a superb quality of life, is Penang. The state of Penang is divided into two halves, separated by a narrow channel of water: The mainland Seberang&hellip;<\/p>\n","protected":false},"author":92,"featured_media":8617,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[222],"tags":[265,231,12931,1646,305],"class_list":["post-8615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights","tag-investment","tag-iqi-en","tag-iqi-penang-market-insights","tag-penang","tag-property"],"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>Best Places to Invest in Property in Penang - IQI Blog<\/title>\n<meta name=\"description\" content=\"Looking for the absolute best places to invest in property in Penang? 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Here we will show them to you and tell you what makes them stand out\" \/>\n<meta property=\"og:url\" content=\"https:\/\/iqiglobal.com\/blog\/property-for-sale-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=\"2019-01-14T10:43:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-11T06:46:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/iqiglobal-web-revamp.s3.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-01.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"566\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Contributor\" \/>\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=\"Contributor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/property-for-sale-in-penang\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/property-for-sale-in-penang\/\"},\"author\":{\"name\":\"Contributor\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/#\/schema\/person\/9bb06f7ba83a2e49595138eb13403285\"},\"headline\":\"Best Places to Invest in Property in Penang\",\"datePublished\":\"2019-01-14T10:43:02+00:00\",\"dateModified\":\"2025-09-11T06:46:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/property-for-sale-in-penang\/\"},\"wordCount\":544,\"publisher\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/property-for-sale-in-penang\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/iqiglobal-web-revamp.s3.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-01.jpg\",\"keywords\":[\"investment\",\"IQI\",\"IQI Penang Blog\",\"penang\",\"property\"],\"articleSection\":[\"Market Insights\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/iqiglobal.com\/blog\/property-for-sale-in-penang\/\",\"url\":\"https:\/\/iqiglobal.com\/blog\/property-for-sale-in-penang\/\",\"name\":\"Best Places to Invest in Property in Penang - IQI Blog\",\"isPartOf\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/property-for-sale-in-penang\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/iqiglobal.com\/blog\/property-for-sale-in-penang\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/iqiglobal-web-revamp.s3.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2019\/01\/Property-For-Sale-In-Penang-01.jpg\",\"datePublished\":\"2019-01-14T10:43:02+00:00\",\"dateModified\":\"2025-09-11T06:46:20+00:00\",\"description\":\"Looking for the absolute best places to invest in property in Penang? 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