PENANG
At A Glance


Areas of Penang island new property developments
Areas of Penang island new property developments

Here are the places and opportunities we’re spending the most time exploring right now.

Andaman Island by E&O

01. Andaman Island

What it is
One of Penang’s most ambitious waterfront developments currently taking shape along the island’s northern coastline, offering a wide range of homes across different price points and lifestyles.

Best Fit For
Waterfront living • Long-term growth • Walkable lifestyle

Starting From
~MYR 700k

Penang Gelugor Waterfront Residences

02. Where City Life Meets Transit

What it is
One of Penang’s most connected waterfront districts, with future LRT access, retail, workplaces, and homes within the same broader neighbourhood. For buyers seeking a more walkable and potentially car-light lifestyle, this is an area we continue to watch closely.

Best Fit For
Urban living • Future LRT access • Walkability

Starting From
~MYR 800k

Penang Georgetown Investment Property

03. Investing in Georgetown’s Visitor Economy

What it is
A property opportunity within George Town that offers exposure to Penang’s tourism and medical tourism sectors. Available to Malaysians, it combines an accessible entry price with long-term demand drivers tied to the city’s visitor economy.

Best Fit For
Tourism exposure • Medical tourism • Passive ownership

Starting From
~MYR 500k

Tanjung Bungah Peaceful Living Condo

04. A Quieter Side of Penang Island

What it is
A residential opportunity in Tanjung Bungah, one of Penang’s more established coastal neighbourhoods. It offers a slower pace of life, surrounded by greenery and low-density housing, while remaining close to everyday conveniences.

Best Fit For
Peaceful living • Green surroundings • Low-density neighbourhood

Starting From
~MYR 1.1mil

Penang New Landed Terrace House

05. More Space on Penang Island

What it is
A new landed housing opportunity in Balik Pulau, one of Penang Island’s quieter, more spacious townships. Brand-new landed homes below MYR 1 million are becoming increasingly difficult to find on Penang Island, especially those ready to move in.

Best Fit For
Landed living • Spacious homes • Slower-paced lifestyle

Starting From
~MYR 960k

Bayan Lepas Low Dense Condo

06. More Room to Grow in Bayan Lepas

What it is
A low-density residential opportunity in Bayan Lepas, offering larger home layouts and access to the airport, future LRT stations, and daily conveniences. With around 260 units, it stands apart from many of today’s higher-density developments.

Best Fit For
Family-sized living • Larger homes • Connected location

Starting From
~MYR 790k

Looking for something else?

The projects above are not exhaustive.
Tell us what matters to you and we’ll help point you in the right direction.