Penang Area Guides
Every major Penang neighbourhood — PSF range, rental yield, character, pros and cons. Written from Zac’s on-the-ground experience.
⚖️ Compare two areas side-by-side →Penang Island
Tanjung Tokong
Northern Penang Island's most coveted address
RM 650–1400 PSF · 4.2% yield
Penang Island
Tanjung Bungah
Penang Island's beachfront residential corridor
RM 450–950 PSF · 4.5% yield
Penang Island
Gurney Drive
Penang Island's premier lifestyle and luxury corridor
RM 750–1800 PSF · 3.8% yield
Penang Mainland
Batu Kawan
Penang Mainland's fastest-growing township
RM 300–580 PSF · 4.8% yield
Penang Island
Bayan Lepas
Penang's tech hub — high demand, strong yields
RM 400–750 PSF · 5.2% yield
Penang Island
Georgetown
UNESCO heritage core — culture, food, and the LRT terminus.
RM – PSF · 4% yield
Penang Island
Batu Ferringhi
Beach resort corridor — holiday demand drives the STR market.
RM 329–672 PSF · 4% yield
Penang Island
Bayan Mutiara
Newer Bayan Lepas premium sub-corridor — direct LRT alignment.
RM 611–883 PSF · 4% yield
Penang Island
Sungai Nibong
Bridge-end commuter belt — fastest island exit, densest mid-rise pipeline
RM 320–520 PSF · 5% yield
Penang Island
Gelugor
Mid-island corridor anchored by USM and The Light City
RM 350–650 PSF · 5% yield
Penang Island
Jelutong
Affordable inner-city living with fast access to Georgetown and the bridge
RM 300–500 PSF · 5.5% yield
Penang Island
Batu Maung
South island gateway — airport, bridge, and FIZ at your doorstep
RM 350–550 PSF · 5% yield
Penang Island
Teluk Kumbar
Penang Island's most affordable coastal address
RM 250–420 PSF · 4% yield