Retire in Penang, Malaysia

Last updated on Feb 14, 2023

Summary: Penang, Malaysia is a popular destination for retirees due to its low cost of living, beautiful beaches, and vibrant culture. There are several retirement communities in Penang, which offer a variety of amenities such as swimming pools, fitness centers, and social activities. The cost of a nice 2 bedroom home in Penang is typically around $100,000 USD, while a nice 3 bedroom home can cost around $150,000 USD. The weather in Penang is typically warm and humid, with temperatures ranging from the mid-70s to the mid-90s Fahrenheit.

What is it like to retire in Penang?

"Penang Island is great place with lots to do. One of the British most important colony 150 years ago. Third in importance to Hong Kong & Singapore, so lot's of culture from the west and the melting pot of SE.. Some of the best food in the world. I'm not into nightlife but plenty of places if you are. The only real negative was the beaches they are not on the same level as most of SE," said a person in Tojong Tokong, Penang Island.

"Penang is a wonderful place. A large small town I call it. English is widely spoken, people are friendly, many cultural attractions and events. There is a large expat community here. Although we do not live amongst expats," remarked one retiree in Penang.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.