Non-Malaysian Buyers
Buying Property in Penang as a Foreigner
Country-specific guides covering minimum prices, state consent, foreign levy, financing, and the projects that work for your specific situation. Zac handles all foreign buyer enquiries personally.
30-second triage
Tell us two things — get the right next step.
Five guides on this site, but you only need one. Answer these and we'll point you at it — no clicking around.
1 / 2 — Where are you based?
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If you'd rather skim the country guides yourself, here they are.
Singapore Buyers →
SGD/MYR exchange rate advantage, no ABSD equivalent, 1hr flight. The single largest foreign buyer group in Penang.
Hong Kong Buyers →
Offshore diversification, English common law, freehold sea views at HKD 2-3M. 4hr direct flight from HK.
Taiwan Buyers →
Yield-focused investing, Mandarin-speaking environment, STR-friendly buildings. Strong investor segment.
Expats on Work Passes →
Better bank financing terms (up to 80% LTV), local income proof, buy vs rent calculation.
Featured Guide
MM2H Penang — Property for Malaysia My Second Home Holders →
The complete guide to buying property on the MM2H programme. Visa tiers, financial requirements, property eligibility, and the best Penang projects for MM2H lifestyle buyers.
Rules That Apply to All Foreign Buyers in Penang
* Rates are subject to change. Verify current rates with a Penang-based conveyancing lawyer before transacting.