Penang A Favourite Destination for the Home Buyers |
Posted: June 23, 2017 |
The popularity of Penang as the place to settle down is very high. This Island State of Malaysia is also known as the Pearl of the Orient and there are plenty of reasons to call it so! Penang will catch your attention with its outstanding scenic beauty (now you know why it is called the Pearl of Orient)! It looks like a sailing turtle on the Straits of Malacca! Travelling enthusiasts will love to settle down here. The scenic beauty might be the initial attraction for settling down but there are more reasons to call it your home. In fact, Penang is becoming a hot favourite for both the Malaysians and foreigners who are buying real estate properties here, eyeing for a long term stay. Let us explore in details the reasons for a rise of accommodations for sale in Penang. A dynamic economy: If a locality has wider options to earn your living, you would try to migrate there and settle down. The dynamic and flourishing economy of Penang is based on a few core sectors like manufacturing, services, commerce, shipping and agriculture industry. In addition to this, the vibrant tourism industry never fails to earn a profit. Good infrastructure: Penang has a super-quality roadways and transport options. Thanks to the government, the island is connected to the mainland via the Penang Bridge and the Second Penang Bridge. The expressways connect it with the big towns of Western Peninsular Malaysia and the eastern coast of the island. The railways and the bus services feed the major portion of the public transport system. Availability of different types of real estate properties: There are a variety of real estate properties available in Penang. Whether it is a home with a garden, townhouse, condominium or a penthouse, plenty of varieties are available to cater to the different requirements of buyers. In addition, you can select a locality on your preference. You could buy a seafront real estate property in Penang whose beauty will be contrary to a hillside residential property and so on! Excellent health services: There are numerous private and public healthcare centres in Penang which are offering quality services to people. That is why Penang has emerged as the favourite destination for medical tourism. Friendly people: Those who have soaked in the friendly neighbourhood of George Town, the capital city of Penang know its charm. There is a huge population of foreign expats in George Town. It is evident that they are living in harmony with the locals otherwise such a huge growth in foreign population would not have been possible! Affordable living: We all want to stay in a place with a lower cost of living, without compromising our standard of living. The cost of living of Penang is quite affordable. In addition to this, if you are a foreign national and own an MM2H visa, you can buy a property in Penang for the minimum price of RM1 500,000 (for a maximum of 2 real estate properties). We must say, a lovely affordable deal! Last but not the least, delicious food: Penang is famous for its lip-smacking Malaysian delicacies. It is a convenient option for the foreigners to settle down here and buy affordable and tasty food dishes from the market. The growing industry of real estate in Penang is the proof that the place has many things to offer to the settlers. It will be a smart idea to come and explore the place now!
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