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," said another expat in 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," wrote a member who made the move to Penang, Malaysia.
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Other Questions:
- 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 expats in Penang appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Penang?
- Is there a lot of diversity? Are people in Penang accepting of differences?
- What are the schools in Penang like?
- What are healthcare services like in Penang?
- What are medical services in Penang like?
- Are healthcare and health insurance expensive in Penang?
- What are emergency services like in Penang?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Penang?
- How are local medical facilities in Penang?
- As a foreigner living in Penang, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
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.
