Should I buy or rent a home in Penang?

If you have not spent a lot of time in Penang, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Buying a home in Penang can be a great investment. The city is known for its vibrant culture, beautiful beaches, and delicious food. The cost of living is relatively low compared to other cities in the region, making it an attractive option for those looking to purchase a home. Renting a home in Penang can also be a great option, as it allows you to experience the city without the commitment of buying a home. You can also take advantage of the city's many amenities and attractions without the long-term commitment of owning a home. Ultimately, the decision to buy or rent a home in Penang depends on your individual needs and preferences," mentioned another expat when asked about moving to Penang, Malaysia.

"We have rented an apt, fully furnished. It's wonderful. We pay more than the average rent for a local because of the location and size. The best way to find good apartments is to walk around in areas you like and talk to the security guards. They know everything," commented one expat who made the move to Penang, Malaysia.

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Should I buy or rent a home in Penang?

If you live in Penang, newcomers to Penang would love to hear your answer to this question.