Are you looking for an ideal place to live, hoping to have a different remaining life? Penang is definitely the best place for you to buy overseas properties! In addition to being ranked second in the "Top 10 Best Retirement Cities in the World", in recent years, it has become a popular new base for foreigners to invest in real estate due to the "Second Home Program (MM2H)" promoted by the government. Most of them are Hong Kong people. Compared with the fast-paced life in Hong Kong, there is a slow life in an exclusive tropical island; compared with Hong Kong, where the cost of living is relatively high, the price in Penang is only one-third of that in Hong Kong; and the most obvious thing is – moving to Penang, You will live happier than in Hong Kong! Have doubts about this statement? Read on and you'll understand!

Why should I buy property in Penang?

Photo courtesy of Penang Property TV

"I don't want to be a property slave all my life!" I believe this is the voice of many Hong Kong friends; Hong Kong is famous for its "high property prices and high rents", which has led most people to spend all their energy, property and wages on buying properties and mortgages . In contrast, housing prices in Penang are much lower. For example, more than 2 million Hong Kong dollars can easily buy a three-bedroom high-end apartment in Penang; more than 4 million Hong Kong dollars can only buy a public housing unit in Hong Kong, but it can buy more than 3,000 square feet in Penang. Townhouses are simply "too bad"! Real estate at an affordable price but at the same time guarantees a high standard of living quality, which is the main reason why more and more Hong Kong people choose to buy houses for investment or even long-term residence on this beautiful island.

Penang real estate has strong potential for appreciation

Photo taken from Maritime Suite

As a giant in tourism and e-commerce, Penang has been promoted to become a bright spot in the real estate industry under the vigorous economic development in recent years. Due to the unique congenital conditions: residential advantages such as seaside, hilltop and heritage cities will undoubtedly push the wave of investment in Penang to a higher level. Such a revolutionary development has also made Penang one of the most sought-after locations for overseas buyers in Malaysia. . Among them, the real estate near the urban area and the coastal area is more popular among foreigners, such as: Batu Ferringhi (Batu Ferringhi) and George Town (George Town). If you are looking for an area that is just starting out and has strong value-added potential, Balik Pulau and Batu Kawan are both good choices; Balik Pulau is a veritable "good mountain and good water" , under the development of the large-scale comprehensive plan Botanica CT, major international famous fast food and coffee brands have settled here. There are also international schools, commercial areas and affordable high-quality housing units. The development prospect is just around the corner. After the completion of the second bridge, Batu Kawan has also become one of the most valuable prime locations today, with unlimited potential, suitable for living and investment.

The characteristics of Penang have won the hearts of Hong Kong people

Photo taken from travel2penang.org

In addition to the superior location and affordable housing prices, various charming places in Penang are also favored by Hong Kong people. First of all, the British colonial atmosphere of this city is very similar to that of Hong Kong; walking through it, the British buildings, various bank buildings and old government sites all have a strong sense of nostalgia, making people seem to return to the old days. Hong Kong, so Hong Kong people will have an unusual sense of intimacy when they come to Penang. And here are mostly Chinese, who are proficient in Cantonese, Mandarin, Teochew, Hokkien, etc., so there is almost no language barrier in life. Whether it is the friendliness and enthusiasm of Penangites, the similar Chinese culture or the taste of food, you will have an unprecedented sense of belonging.

Photo taken from unreserved

Worried that Zaizai’s education in Penang is not better than that in Hong Kong? You can rest assured that there are many international schools in Penang, which are highly recognized and of good quality, but the tuition fees are much cheaper than those in Hong Kong. International schools in Hong Kong will charge about 2-3 million "enrollment fees", which is undoubtedly a big expense for some parents, but international schools in Penang are fully exempted, and the tuition fees per semester are also lower than those in Hong Kong Cheap. In addition, with the concept of happy learning, we pay attention to the multi-directional training of students, so that children can receive a good education and at the same time, their minds can also develop healthily, and bid farewell to cramming education!

photo taken from jamtraveltour.com

Of course, I have to mention - the slow pace of life in Penang will make you feel deeply what is "real life". Here, a holiday is really a holiday; on weekends and holidays, go to food stalls and teahouses to chat and have breakfast, spend half a day hiking in natural landscape areas, and turn on the TV at home to watch Hong Kong dramas at home; here, you will learn to let go of efficiency and obsession. Regain the space of pleasant mood, life should be like this.

Who said that there is only a hasty pace in the city and no leisurely life? Who said that big money must be exchanged for high-quality enjoyment? Who said buying a home is a luxury dream? This warm and charming island of Penang will allow you to live the life you have longed for, and it will be your ideal "home".

Interested in embracing the expat paradise of Penang? We can help you!

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Introduction to Malaysia My Second Home Program:

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Nine advantages of Malaysia My Second Home Program:

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foto diambil dari holidaygogogo.com