What is the average cost of housing in Penang?

"The cost of housing in Penang varies depending on the location and type of property. Generally, the average cost of housing in Penang is considered to be relatively affordable compared to other cities in the region. Renting an apartment in Penang can cost anywhere from 500 to 1,500 Malaysian Ringgit (MYR) per month, while buying a house can range from 500,000 to 1,500,000 MYR," said another expat in Penang, Malaysia.

"It's higher. A good furnished apartment in Georgetown would cost around RM.1500-3500 ($450 - 1100)," wrote a member who made the move to Penang, Malaysia.

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