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?
Or browse by country
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.
China Buyers →
Hokkien heritage, Mandarin-speaking environment, SAFE remittance quota planning, RMB math.
Indonesia Buyers →
Short flights from Jakarta/Medan, freehold vs Indonesia’s restricted foreign land title, IDR math.
India Buyers →
RBI LRS remittance cap planning, INR math, NRI account routes, TCS on outward transfers.
South Korea Buyers →
Mandatory pre-remittance bank report, KRW math, no direct flight — plan for a KUL/HKG connection.
UK & Europe Buyers →
GBP/EUR math, HMRC rental & CGT treatment, MM2H as a genuine retirement pathway.
Middle East & Gulf Buyers →
AED/SAR math, halal lifestyle ecosystem, honest read on Shariah-compliant financing access.
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.