Reasons For Buying An Apartment In Penang

Many Westerners are nowadays buying apartment in Penang. The reasons for this are numerous. Some of them have to do with money, others with the lifestyle the Pearl of the Orient offers. We will briefly look at a couple of reasons why buying an apartment here makes a lot of sense – both financial and otherwise.

The main reason for many people is affordability. Although prices of Penang apartments and condos are nowadays rising rapidly, they are still very affordable in Western terms. The growing demand from investors will ensure that you enjoy excellent returns on your money in years to come. Not only is real estate still relatively affordable, but life on the island is very affordable in general. Everything, from street food in Gurney Drive to a meal in a luxury restaurant at the G Hotel, will cost you only a fraction of its Western equivalent.

Another very important factor that drives people to buy property in Penang is the lovely climate and beautiful beaches, like the ones in Batu Ferrighi. When Europe and America are suffering under a blanket of snow, those who were smart enough to buy property in on this tropical island is basking in the hot sun on beaches that can only be described as picture-perfect.

Penang is of course an island off the coast of Malaysia. Under the ‘Malaysia my 2nd home” program, you can buy property here and spend six months of the year on the island without the need to apply for citizenship. Many people use this opportunity to invest in property and spend the winter months here to enjoy the sunshine and the beaches.

Facilities on the island are excellent. You have shopping malls, restaurants, markets and entertainment options to keep you busy around the clock. Health facilities are also on par with that found in many Western countries.

An apartment in Penang is therefore more than a sound investment, it also involves a lifestyle change that will reap benefits for many years to come.


Live Comfortably In Apartment Penang

Looking for a change? Move to Malaysia and you can enjoy a fascinating culture with gorgeous tropical scenery. One of the most vibrant and exciting cities in the country is Penang. With your own apartment Penang, you can live like a local. Experience life in Malaysia and make memories to last a lifetime.

The world is enchanted by Malaysia, a country where cultures from around Asia co-exist harmoniously. Most of the population is Malay, Chinese or Indian, though there are significant groups of many other Asian peoples as well. The city is known for being friendly and receptive to tourists and people from overseas. Many find the mix of modern and traditional, Eastern and Western to be very intriguing as well. For instance, in George Town, Penang you’ll see buildings from the city’s British colonial past, and not far away you can find any number of centuries-old Buddhist temples and indigenous shrines. You can also take part in tourist activities at beachfront resorts, enjoying the clear water, diving and coral reefs.

You can enjoy great dining in Penang, but trying the street food will give you a less touristy, more authentic experience. Go where the locals go and you’ll end up with some of the best dishes. In just a few minutes, you can try simple but flavorful Indian, Malaysian and Chinese dishes, and enjoy people-watching as you eat at the roadside.

Particularly for those with an interest in architecture or colonial history, take a look at the heritage buildings in inner city George Town. There you will find eclectic architecture overflowing with history.

Some of the most interesting architecture, also providing an informative look into Malaysian society and culture today, can be found at the many religious structures in Penang. Dedicated to the the supreme ruler of heaven according to Taoist belief, the Jade Emperor’s Pavilion is a beautiful temple that has stood for a hundred and forty years. It sees the most number of visitors during Chinese New Year.

You should also be sure to check out the Reclining Buddha. The thirty-three meter long, gold plated Buddha statue is housed in a temple built by a Thai monk in 1845. Throughout the grounds you can find intricately decorated shrines and every shape and size of Buddha statue. The city also has mosques, Hindu temples, and Churches throughout, so the religious sights are virtually endless.

For the night life, head to the Upper Penang Road in George Town. There you can grab a drink in a bar, sing in a karaoke club, or enjoy a live band at one of the clubs. For a more casual scene, head to nearby Chulia Street where you can relax at a coffee shop, inexpensive bar or quaint motel.

If you’re living in Penang, you won’t want to miss the Toy Museum. The only one of its kind in the entire world, it offers countless toys and collectibles that kids and adults alike will delight in seeing. Another attraction in Teluk Bahang’s butterfly farm. There you can go to see all sizes and colors of butterflies fluttering freely around. The farm is also a breeding and research center for butterflies.

No matter where you’re from, there are endless attractions in Penang. If you stay long enough and live in a luxurious apartment Penang, you can experience the local life in a new and exciting city.

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Afford A Lifestyle Of Luxury Living in Penang, Malaysia

How do you decide which country is the right one to live in and invest abroad? You might find it an overwhelming decision with so many choices available. The truth is there’s plenty to consider before making any final decisions to pursue your overseas dreams. It’s not just about picking the best picture postcard of your dream home.

Whether you are looking for a second home…a holiday home…a retirement home…an investment home, Penang, Malaysia has it all! Found off the north coast of Malaysia, this little island doubles as a tourist and expatriate magnet. Malaysia’s secret weapon, Penang with its natural beauty and exotic heritage has attracted many curious visitors to its shores.

A place of mysterious temples and tropical beaches lined with palm trees was the backdrop that famous British novelist, Somerset Maugham used as he spun stories about the romance of the colonial white planter in South-East Asia.

But, why Malaysia you may ask? It’s all about Malaysia My Second Home (MM2H)! The MM2H program is an attractive package that the Malaysian government has designed to attract in particular retirees to come to Malaysia and set up home here. Malaysia offers a myriad of reasons for an expatriate to settle permanently here. And most of all Malaysians are willing to welcome you into their hearts and homes.

Retirees will find that life is much more fun and relaxed while living in Penang, Malaysia, which is a retiree’s haven with ample time on their hands to pursue all those dreams and hobbies which they have never found time for. Cultivating exotic orchids in your garden, taking yoga classes, improving your handicap in golf, having time to try out recipes that you have been saving from magazines, helping out at a charity home are some of the hobbies that may be pursued.

Penang’s exceptional low cost of living and tax-friendly system is most attractive to retirees and foreigners looking for a second home. Property and rental costs are low. Shopping for food in the well-stocked supermarkets is cheap. This is achieved through the Government’s efficient monitoring of the economy in ensuring that inflation is kept low at all times and thereby also the prices of goods and services. A retiree’s pension when transferred to Malaysia will stretch much further than in their home country.

Buying property in Penang is fairly easy. The most popular belt for foreigners to settle along is the exotic northern coastal area, where the most desirable neighborhoods can be found, with its white sandy beaches and sea-facing apartments and condominiums with million-dollar views. Wake up in the morning to a gentle breeze from the sea, a clear blue sky splashed with the vibrant colors of a rising sun and far off fishing boats bringing in the day’s catch.

Article written by: C Guan Soo