827 Houses for Sale in George Town, Penang
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There are 863 properties for sale in George Town. We have options to suit every lifestyle. Use our advanced search filters to refine by:
- Price range starting from RM900K.
- Property type like Condominium, Serviced Residence, Apartment, Terrace Houses, or Bungalows.
- Built-up size starting from 1,200 sqft.
Our market insight tools provide transparent data and trends, helping you make confident decisions when buying or renting property in George Town.
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George Town property covers Penang's historic capital, a UNESCO World Heritage Site since 2008, spanning the heritage core around Jalan Penang and Lebuh Armenian, established residential areas like Pulau Tikus and Jelutong, and the Tanjung Bungah and Batu Ferringhi coastal strips. Buyers searching for property for sale in George Town will find a market shaped by a mix of pre-war shophouses and landed terraces in the heritage and older residential zones, alongside condominiums and apartments in more recently developed areas.
George Town's UNESCO heritage designation places specific conservation controls on properties within the designated heritage zone, affecting renovation, redevelopment, and land use in ways that don't apply elsewhere on Penang island. This is a relevant consideration for buyers specifically targeting heritage shophouses or pre-war terraces, since restoration work in these zones is subject to conservation guidelines rather than standard renovation rules.
Connectivity across George Town relies primarily on road networks and the Penang Bridge and Second Penang Bridge connections to the mainland, along with ferry services. The island does not currently have a rail-based transit system, though the proposed Bayan Lepas LRT line, if constructed, is intended to eventually serve parts of the island. Buyers should treat any such rail project as a longer-term planning consideration rather than a completed feature when evaluating property near proposed routes.
Amenities in George Town include established retail centres such as Gurney Plaza and Straits Quay, along with numerous schools, hospitals, and the heritage zone's concentration of cafes, galleries, and tourism-linked businesses. Coastal areas such as Tanjung Bungah and Batu Ferringhi offer a different amenity profile, oriented more toward beachfront living and tourism-adjacent development than the dense urban core.
According to NAPIC's Q1 2026 Property Market Snapshot (napic.jpph.gov.my), national residential completions rose to 12,905 units in Q1 2026 while new launches slowed relative to the prior year, though Penang's land-constrained island geography means new supply in George Town specifically tends to be more limited than in mainland Klang Valley markets, a distinction buyers should keep in mind when comparing national completion figures to what is actually available on the island.
Buyers evaluating subsale property price in George Town should account for the meaningful price gap between heritage-zone shophouses, which often carry premiums tied to conservation status and tourism-linked commercial potential, and standard residential condominiums or terraces elsewhere on the island. Building age, heritage zoning status, and proximity to the core UNESCO area are all relevant price factors that don't apply uniformly across George Town as a whole.
Currently, there are 827 properties for sale in George Town listed on iProperty Malaysia, spanning shophouses, terraced houses, condominiums, and apartments across a wide range of prices. This allows buyers to compare directly based on budget, property type, and whether a property falls within the designated heritage zone.
Sources
Show MoreGeorge Town's UNESCO heritage designation places specific conservation controls on properties within the designated heritage zone, affecting renovation, redevelopment, and land use in ways that don't apply elsewhere on Penang island. This is a relevant consideration for buyers specifically targeting heritage shophouses or pre-war terraces, since restoration work in these zones is subject to conservation guidelines rather than standard renovation rules.
Connectivity across George Town relies primarily on road networks and the Penang Bridge and Second Penang Bridge connections to the mainland, along with ferry services. The island does not currently have a rail-based transit system, though the proposed Bayan Lepas LRT line, if constructed, is intended to eventually serve parts of the island. Buyers should treat any such rail project as a longer-term planning consideration rather than a completed feature when evaluating property near proposed routes.
Amenities in George Town include established retail centres such as Gurney Plaza and Straits Quay, along with numerous schools, hospitals, and the heritage zone's concentration of cafes, galleries, and tourism-linked businesses. Coastal areas such as Tanjung Bungah and Batu Ferringhi offer a different amenity profile, oriented more toward beachfront living and tourism-adjacent development than the dense urban core.
According to NAPIC's Q1 2026 Property Market Snapshot (napic.jpph.gov.my), national residential completions rose to 12,905 units in Q1 2026 while new launches slowed relative to the prior year, though Penang's land-constrained island geography means new supply in George Town specifically tends to be more limited than in mainland Klang Valley markets, a distinction buyers should keep in mind when comparing national completion figures to what is actually available on the island.
Buyers evaluating subsale property price in George Town should account for the meaningful price gap between heritage-zone shophouses, which often carry premiums tied to conservation status and tourism-linked commercial potential, and standard residential condominiums or terraces elsewhere on the island. Building age, heritage zoning status, and proximity to the core UNESCO area are all relevant price factors that don't apply uniformly across George Town as a whole.
Currently, there are 827 properties for sale in George Town listed on iProperty Malaysia, spanning shophouses, terraced houses, condominiums, and apartments across a wide range of prices. This allows buyers to compare directly based on budget, property type, and whether a property falls within the designated heritage zone.
Sources
- Location information: Majlis Bandaraya Pulau Pinang (MBPP)
- Property market information: National Property Information Centre (NAPIC), JPPH Malaysia — Q1 2026 Snapshot
- Property listings: iProperty Malaysia database
Frequently Asked Questions
There are 827 properties for sale in George Town, Penang.
The average property price for sale in George Town, Penang varies depending on the location, popularity, property type, and size.
You can estimate your monthly home loan repayment based on the property price, loan amount, interest rate, and financing tenure. To get a better idea of affordability, use the iProperty Mortgage Calculator here.
Depending on the location of the Houses the available properties for sale may come in three options - fully furnished, partially furnished and unfurnished.
Yes, foreigners are permitted to buy properties, however, there are some caveats to it. You can read our guide here if you are thinking of buying as a foreigner. https://www.iproperty.com.my/guides/foreigners-buying-property-malaysia-complete-guide-12332