Penang, Malaysia
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...
"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," remarked another expat in Penang, Malaysia.
"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," said a member in Penang, Malaysia.
William RussellGet Quote
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William RussellWilliam Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
Get Quote
Other Questions:
- What do I need to know before retiring in Penang?
- What do I need to know before moving to Penang?
- How do I find a place to live in Penang?
- What is a typical expat home or apartment like in Penang?
- What is the average cost of housing in Penang?
- How do I meet people in Penang?
- What should I pack when moving to Penang?
- Where should I setup a bank account in Penang?
- Will I be able to find a job in Penang?
- What is life like in Penang?
- What do people like (and dislike) about Penang?
- What type of social life can someone expect in Penang?
- What is the social scene like in Penang?
- What advice to expats in Penang have about housing?
- What are medical services in Penang like?
- Are healthcare and health insurance expensive in Penang?
- Is the cost of living in Penang high?
- What are the visa & residency requirements in Penang?
- Why do people move to Penang?
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.
