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Malaysia was the only country that qualified into the list “the best countries to retire in as a foreigner”, made by Forbes.
When foreign property buyers look for real estate in Malaysia, Penang is one of the prime options. Here, you have access to newly built condominiums, as well as villas.
Property prices are significantly lower than the major cities in Australia, Mainland China, but also in Singapore and Hong Kong.
Before you buy property in Penang, it’s important that you get your feet wet and learn about local buying regulations, where to buy property, and more.
Topics covered in this article:
- Minimum Property Investment Requirements in Penang
- Where should I buy property in Penang?
- Penang Real Estate Agents
Minimum Property Investment Requirements in Penang
The Malaysian Government has introduced minimum investment requirements as protective measures to protect local property buyers.
As described in my separate article about buying property in Malaysia, foreigners need to pay a minimum amount that differs between states. Continue reading Buying Property in Penang: The Definitive Guide