Penang Real Estate by Locality
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Penang Real Estate by Locality (3 April 2017)
As one of the main investment destinations in Malaysia, Penang attracts buyers for its real estate, not only from other states of the country, but also from various countries across the world. Until now, literature on Penang focuses on the tourism aspects. As a result, localities central to tourism gets more indepth coverage than the residential, commercial and industrial localities.
Understanding each locality is vital in making informed decision when planning to purchase Penang real estate. To start, the map below shows the various localities in Penang. These localities do not follow actual administrative divisions but are based on generally recognised geographic locations.
Ayer Itam
Located on the central part of Penang Island, Ayer Itam covers a large area to the immediate west of George Town.
Balik Pulau
Occupying the west coast of Penang Island, Balik Pulau was the rural half of the island, but now sees the increasing housing development.
Batu Ferringhi
Located on the north side of Penang Island, Batu Ferringhi is best known as a tourist belt.
Batu Maung
Site of the Second Penang Bridge, Batu Maung enjoys from its proximity to the bridge and to multinationals at the Free Industrial Zone.
Bayan Baru
Developed in the 1970s, Bayan Baru is today a matured self-contain township.
Bayan Lepas
Covering the southeastern part of Penang Island, Bayan Lepas is home to the airport, the factories and numerous residential neighbourhoods.
Bukit Gambir
Hilly neighbourhood on the east side of Penang Island, Bukit Gambir has a mix of landed and high-rise development.
Bukit Jambul
Developed in the early 1980s, Bukit Jambul on the north edge of Bayan Lepas is home to many high-rise development.
Farlim
Also called Bandar Baru Air Itam, this self-contained township was developed in the late 1970s, and have a mix of older landed and newer high-rise development.
Gelugor
Once in the outskirts of George Town, Gelugor has urbanised, taking advantage of its location between George Town and Bayan Lepas.
George Town
The state capital of Penang, George Town is home to the World Heritage Site, with its own height-controlled architecture, and newer high-rise development outside the core- and buffet zones.
Gertak Sanggul
Tucked on the southwestern corner of Penang Island, Gertak Sanggul is home to good seafood, and in recent years is seeing some housing development.
Gurney Drive
A curved promenade that was once at the water's edge, Gurney Drive enjoys unsurpassed seaviews on the north coast of George Town.
Jelutong
Once a poor cousin to George Town, this working-class neighbourhood has since gentified with numerous high-rise condominiums in recent years.
Paya Terubong
Working class neighbourhood hemmed in by the central hills, Paya Terubong is home to numerous high-rise development.
Permatang Damar Laut
Once a rural part of Penang Island, Permatang Damar Laut is today home to a few housing estates as well as small and medium industries.
Pulau Tikus
Affluent old-money neighbourhood within George Town, Pulau Tikus has a mix of older landed properties and newer high-rise condominiums.
Relau
Large medium-class residential neighbourhood, home to perhaps the largest concentration of high-rise development on the island.
Sungai Ara
Neighbouring and contiguous to Relau, Sungai Ara is semi-rural, with large housing estates mixed with some high-rise development.
Sungai Dua
Once a farming hinterland, Sungai Dua has urbanised to become a medium-class residential neighbourhood, with a mix of landed and high-rise properties.
Sungai Nibong
Located on the eastern coast of Penang Island, Sungai Nibong developed in the late 1970s with large housing estates, with space for high-rise development in recent years.
Tanjong Bungah
A choice neighbourhood for holiday homes, Tanjung Bungah covers a hilly area on the north eastern part of Penang Island, west of Tanjong Tokong. It has luxury condominiums lining the coast.Details
Tanjong Tokong
Located to the immediate north of George Town, Tanjong Tokong is an affluent township that continues to grow outward with massive land reclamation.
Teluk Kumbar
Located on the southern coast of Penang Island, Teluk Kumbar is still semi rural, but as with all part of Penang Island, has seen both landed and high-rise development in recent years.
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