Retire in Penang, Malaysia
Last updated on Sep 11, 2024
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 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," said a person in Penang.
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Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
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What advice do overseas retirees have for others considering retiring abroad?
"Go for it!!!!! This is not a dress rehearsal you only get one life unless your a Buddhist," said a retiree who moved to Tojong Tokong, Penang Island, Malaysia.
What are the most challenging aspects of retiring in Penang?
"One of the most challenging aspects of retiring in Penang is the cost of living. Penang is a popular tourist destination and the cost of living is higher than in other parts of Malaysia. Additionally, the cost of healthcare can be expensive, and the quality of healthcare may not be as high as in other countries. Another challenge is the language barrier, as English is not widely spoken in Penang. Finally, the climate can be hot and humid, which may be difficult for some retirees to adjust to," explained one retiree living in Penang.
What are the most rewarding aspects of retiring in Penang?
"Sights, sounds and the people. I enjoy the cultures of other people and their friendships. I also find expats a much more interesting group of people then back home. Expats as a whole have much more vitality for life," explained a retiree in Tojong Tokong, Penang Island.
"When we stay in a place for some time, we build friendships. We are recognised in shops and markets. It's wonderful to be accepted as a "local" even though we are still foreigners. When you can move about with confidence and ease in a foreign country you see more than just a traveler," explained one retiree living in Penang.
What are healthcare services like in Penang?
We asked retirees if they have access to good medical care in Penang. They wrote:
"Penang offers a wide range of healthcare services, including both public and private hospitals. The public hospitals in Penang are well-equipped and provide quality healthcare services at an affordable cost. Private hospitals in Penang offer a more comprehensive range of services, including specialist care and advanced medical technology. In addition, there are a number of clinics and health centers in Penang that provide primary care services such as vaccinations, check-ups, and general medical advice. Furthermore, Penang also has a number of pharmacies that provide medication and other health-related products," said a retiree who moved to Penang, Malaysia.
"We have not used medical care here, but understand through other expats who have that they have been quite satisfied. There are an abundance of healthcare facilities on Penang," said one retiree in Penang.
How do I meet people in Penang?
When we asked people living in Penang about club and activities where newcomers can meet others, they responded:
"Expats in Penang often join clubs and activities such as golf, tennis, sailing, and hiking. Expats can also join language classes, book clubs, and other social activities. Additionally, many expats join local organizations such as the Penang Expat Club, which offers a variety of activities and events for expats to meet and socialize. Other ways that expats meet people in Penang include attending local festivals and events, joining a gym or fitness class, or simply striking up conversations with locals in cafes and restaurants," remarked one retiree in Penang.
What is life like in Penang?
When we asked people living in Penang what life is like and how people spend their time, they said:
"Penang is an attractive destination for expats and digital nomads due to its low cost of living, diverse culture, and vibrant nightlife. Expats and digital nomads can enjoy the city's many attractions, such as its beautiful beaches, historical sites, and delicious local cuisine. The city also offers a wide range of accommodation options, from budget hostels to luxury apartments. Additionally, Penang is well-connected to the rest of the world, with an international airport and excellent public transportation. With its friendly locals, excellent infrastructure, and low cost of living, Penang is an ideal destination for expats and digital nomads," said one retiree in Penang.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
What do I need to know before retiring in Penang?
When we asked people what advice they would give someone preparing to move to Penang, they said:
"Before retiring in Penang, expats should be aware of the cost of living, which is generally lower than in other parts of the world. It is important to research the local healthcare system and ensure that adequate medical coverage is in place. Additionally, expats should familiarize themselves with the local culture and customs, as well as the language, to ensure a smooth transition. It is also important to research the local job market and the availability of recreational activities. Finally, expats should ensure that they have the necessary visas and permits to live and work in Penang," said one retiree in Penang.
What type of recreational activities are there in Penang?
"1. Penang National Park: This is a beautiful park that offers a variety of outdoor activities such as hiking, bird watching, and exploring the pristine beaches. The park is home to diverse flora and fauna, making it a perfect spot for nature lovers. 2. Penang Hill: Penang Hill is a popular destination for tourists and locals alike, offering stunning views of the city and surrounding areas. Visitors can take a funicular train to the top of the hill, where they can enjoy a variety of recreational activities, including hiking, bird watching, and visiting the beautiful gardens and temples. 3. Escape Theme Park: This outdoor adventure park offers a range of exciting activities for all ages, including zip-lining, rope courses, and climbing walls. The park also features a water park with thrilling slides and pools, making it a perfect destination for families. 4. Penang Botanic Gardens: These beautiful gardens are home to a wide variety of plants and flowers, as well as several walking trails and picnic areas. Visitors can enjoy a peaceful stroll through the gardens, take part in guided tours, or participate in various educational programs. 5. Adventure Zone: This indoor playground is perfect for families with young children, offering a variety of fun and safe play areas, including slides, climbing structures, and trampolines. The facility also features a toddler zone for younger kids and a café for parents to relax. 6. Penang Butterfly Farm: This unique attraction is home to thousands of butterflies, as well as various other insects and reptiles. Visitors can walk through the lush gardens and observe the butterflies up close, as well as learn about their life cycle and conservation efforts. 7. Tropical Spice Garden: This beautiful garden showcases a variety of spices and herbs used in Malaysian cuisine, as well as other tropical plants. Visitors can take guided tours of the garden, participate in cooking classes, or enjoy a meal at the on-site restaurant. 8. Penang War Museum: This historical museum is located in a former British fort and offers a fascinating insight into the history of Penang during World War II. Visitors can explore the underground tunnels, bunkers, and other military structures, as well as view various exhibits and artifacts. 9. The Habitat Penang Hill: This eco-tourism attraction offers visitors the chance to explore the diverse flora and fauna of Penang Hill through a series of walking trails, canopy walks, and zip lines. The attraction also features a treetop walkway, providing stunning views of the surrounding rainforest. 10. Penang Water Sports Centre: Located along the beautiful coastline, this facility offers a variety of water-based activities, including kayaking, windsurfing, and sailing. The center also provides equipment rentals and lessons for those looking to try a new sport or improve their skills," said one person who retired in Penang.
Where will I buy groceries and do other shopping in Penang?
"Expats in Penang, often shop for groceries at supermarkets and local markets. Some popular supermarkets include Tesco (https://www.tesco.com.my/), Giant (https://www.giant.com.my/), and Cold Storage (https://coldstorage.com.my/). These supermarkets offer a wide range of local and international products, catering to the diverse tastes of the expat community. For fresh produce, expats can visit local wet markets such as the Pulau Tikus Market (https://www.timeout.com/penang/shops/pulau-tikus-market) and the Air Itam Market (https://www.penang-traveltips.com/air-itam-market.htm). These markets offer a variety of fresh fruits, vegetables, meats, and seafood at affordable prices. In addition to supermarkets and local markets, expats can also shop at specialty stores such as Sam's Groceria (https://samsgroceria.com/), which offers a wide range of imported products from around the world. Another option is the Little India area in George Town (https://www.penang.ws/penang-attractions/little-india.htm), where expats can find a variety of Indian groceries and spices. For other shopping needs, expats can visit shopping malls such as Gurney Plaza (https://www.gurneyplaza.com.my/), Queensbay Mall (https://www.queensbaymallmalaysia.com/), and Komtar (https://www.komtarpenang.com/). These malls offer a variety of retail outlets, including clothing, electronics, and home goods stores, as well as restaurants and entertainment options," said one member in Penang.
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.
Additional Information:
- Expat Guide to Penang
- Best International Schools and Bilingual Schools in Penang
- 7 Weekend Getaways for Digital Nomads Living in Penang
- Best Bookstores and Libraries in Penang
- Fun Classes for Expats Living in Penang
- Public Transportation in Penang
- Best Markets in Penang
- Retire in Penang Guide
- 7 Tips for Living in Penang
- Pros & Cons of Living in Penang
- Cost of Living in Penang
- Health Care in Penang
- Discover the Best of Penang
- Healthcare & Health Insurance in Malaysia
- Best Places to Live in Malaysia
- Pros & Cons of Living in Malaysia
- How to Get a Driver's License in Malaysia
- Pros and Cons of Living in Malaysia 2024
- 2024 Guide to Moving to Malaysia