Penang is emerging as one of Southeast Asia’s top property investment destinations, and savvy foreign buyers are catching on fast—especially when it comes to pre-launch and newly launched projects.
Whether you’re a retiree looking for a peaceful home by the sea, an accompanying study family seeking international school access, or an investor focused on capital growth, these five projects represent some of the best opportunities available in 2025.
π Location: Jalan Seri Tanjung Pinang, Tanjung Tokong (Straits Quay)
Why It’s Special:
Located within the Straits Quay masterplan, next to the marina and international retail promenade
Walking distance to Tenby International School, Lotus’s Supermarket, cafes, and medical clinics
Low-density development with premium sea-view 1+1 bedroom units
Ideal for own stay, vacation home, or short-term rental investment (Airbnb-friendly)
Accessibility:
10 minutes to Gurney Drive
20 minutes to George Town
Well-connected via Jalan Tanjung Tokong and upcoming LRT (proposed)
π’ Ideal For: Foreign retirees, solo professionals, Airbnb investors
π Location: Gurney Drive, George Town
Why It’s Special:
Part of a luxury hotel development, offering 5-star services, concierge, housekeeping, and world-class amenities
Sea-facing units with premium finishes
Branded residence with future appreciation value due to limited supply in Penang
Accessibility:
Along Gurney Drive, one of Penang’s most prestigious addresses
Walking distance to Gurney Plaza, Gurney Paragon Mall, and various F&B hotspots
5 minutes to Gleneagles Penang and Island Hospital
π’ Ideal For: High-net-worth individuals, expats, vacation homeowners
π Location: Jalan Bagan Jermal / Jalan Burma, between Pulau Tikus & Gurney Drive
Why It’s Special:
Boutique low-density development in one of Penang’s most desirable neighborhoods
Short walking distance to Gurney Plaza, adventist Hospital, international schools, and local markets
Peaceful yet central—perfect for long-term family living or retirement
Accessibility:
Located on a quiet street with easy access to Pulau Tikus and George Town
Surrounded by amenities: shopping, healthcare, schools, and restaurants
π’ Ideal For: Retirees, accompanying study families, long-term investors
π Location: Off Tun Dr Lim Chong Eu Expressway, adjacent to Penang Waterfront Convention Centre (PWCC)
Why It’s Special:
Part of The Light City integrated development
Directly next to Penang’s newest upcoming mall, PWCC Waterfront Shoppes
Units offer panoramic sea views and luxury resort-style amenities
Accessibility:
Direct highway access (Lim Chong Eu Expressway) to:
George Town (5 mins)
Penang Bridge (8 mins)
Bayan Lepas Free Industrial Zone (15 mins)
Near proposed LRT line (future connectivity boost)
π’ Ideal For: Families, business travelers, investors looking for high capital gain
π Location: Persiaran Bayan Bay, Bayan Lepas
ποΈ Opposite Queensbay Mall
Why It’s Special:
Seafront condo facing Pulau Jerejak, opposite the island’s largest mall—Queensbay Mall
Thoughtful layouts with practical sizes, some with full sea views
Strategic positioning between Penang’s airport and first bridge—great for rental and own use
Accessibility:
5 minutes to Penang First Bridge
8 minutes to Penang International Airport
Close to FTZ (Free Trade Zone)—ideal for working professionals
π’ Ideal For: Investors, digital nomads, working professionals, or Airbnb buyers
β Freehold Title: Most Penang condos offer permanent ownership
β Progressive Payment Scheme: Flexible payment over construction period
β No Inheritance Tax: Properties can be passed to children with no extra cost
β Reasonable Entry Price: Much lower than comparable cities like Singapore or Hong Kong
β High Build Quality: Most developers deliver well-designed, spacious homes with practical layouts
β¨ Want detailed brochures, price lists, and virtual tours of these 2025 launches?
β¨ Need help navigating foreign buyer regulations in Malaysia?
π© Message us today and get your free Penang 2025 Property Buyer Kit—including expert advice tailored to your needs.
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