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George Town, Malaysia 🇲🇾
#528 ,

Nomad Score: 71%

Essentials

🏙️ City George Town, the capital city of the state of Penang, is known for its well-preserved colonial architecture and vibrant street food scene.
👥 Population Approximately 250,000
💻 Internet Speed Average internet speed is around 50 Mbps, with many cafes and coworking spaces offering free Wi-Fi.
💸 Currency & Banking 1 MYR ≈ 0.22 USD. ATMs are widely available, and major cards are accepted at most locations.
🚰 Tap Water Not drinkable, bottled water is recommended.
🔌 Power 240V, 50Hz, 🔌 Type G sockets.
📶 SIM Card Major providers include Maxis, Celcom, and Digi with affordable prepaid options.
💳 Banking for Expats Maybank and CIMB widely cater to expats; online banking is available.
🛌 Accommodation Options include serviced apartments, guesthouses, and homestays; Airbnb is very popular.
💳 Cashless Friendly Yes, cards accepted widely and mobile payments through GrabPay and Boost are commonplace.
🏠 Short Term Rentals Available through platforms like Airbnb and local hotel-style apartments.
🛏️ Budget Accommodation Hostel suggestions: Ryokan Muntri Boutique Hostel, and The Backpackers Traveller.
🏙️ Best Area to Stay for Tourists Georgetown Heritage Zone, known for its street art and local cuisine.
🏙️ Best Area to Stay for Digital Nomads Little India and Georgetown, both offer coworking spaces and vibrant local culture.

Working and Networking

🏢 Best Coworking Space Co-labs @ UCG and Common Ground, well-equipped with high-speed internet and meeting rooms.
Best Cafe for Work The Mugshot Cafe is popular among remote workers for its ambiance and Wi-Fi.
💼 Networking Events Tech meetups and creative workshops are regularly organized at The Seed.
🥂 Social Events for Expats Events hosted by Penang Expats on Facebook; community gatherings are frequent.

Transportation

🚕 Best Taxi/Ride App Grab is the most popular ride-hailing app in George Town.
🚲 Bike/Scooter Rental Available with services like Bike Rental Penang and Vespa rental shops across the city.
🏖️ Best Beach Nearby Batu Ferringhi Beach, approximately 30 minutes by car.
✈️ Top Regional Airline Firefly; regional flights to nearby destinations.
✈️ Top International Airline Malaysia Airlines and AirAsia offer various international routes.
🛣️ Highway Access Well-connected through North-South Expressway (E1).
🚉 Main Train/Transit Hub Penang Sentral is the main transport terminal for buses.
🚍 Public Transport Passes Penang Hop-On Hop-Off buses cater to tourists, and local buses are widely used.
✈️ Regional Travel Buses and ferries are available for travel to nearby islands and cities.

Health and Wellness

🏥 Best Hospital Penang General Hospital provides healthcare services 24/7.
🧘 Yoga & Wellness Centers Yoga teacher training and classes at The Yoga House, nearby.
🏋️ Gyms & Fitness Centers Gold's Gym and Fitness First offer memberships in the area.
🧺 Laundry Services Self-service laundromats like Laundry Bar are available throughout the city.

Food and Drink

📱 Best Food Delivery App Foodpanda and GrabFood are the go-to options for food delivery.
🍽️ Best Local Dish to Try Char Kway Teow and Penang Laksa are must-try dishes in the area.
🍱 Vegan/Vegetarian Options Love Earth serves up a variety of delicious vegan dishes.
🍫 Best Dessert Spots Chendol stalls found throughout Georgetown offer refreshing treats.
🛒 Affordable Shopping Spots Komtar Walk and Street Markets in Chinatown provide budget-friendly options.
🛒 E-commerce/Online Store Local sites like Lazada and Shopee are popular in Malaysia.
🛒 Grocery Delivery Tesco and Jaya Grocer offer online orders and delivery.
🍸 Bar/Nightlife Area Upper Penang Road is known for its vibrant nightlife options.
🍻 Local Brewery Penang Craft Beer is a local favorite with several pubs.
🍷 Wine Bars The Wine Shop in Georgetown offers various selections.
🍲 Street Food Stalls Gurney Drive Hawker Centre is popular for diverse street food options.
🍕 Popular International Cuisine MK Restaurant serves excellent Chinese barbeque.

Culture and Attractions

🎟️ Must-See Landmarks Cheong Fatt Tze Mansion and Khoo Kongsi are historical landmarks worth visiting.
🏛️ Museums & Art Venues Penang Peranakan Museum showcases local culture and artifacts.
🏰 Historical Sites Fort Cornwallis is the main historical fort and landmark.
🕍 Religious Sites Kek Lok Si Temple is one of the largest Buddhist temples in Malaysia.
🎉 Annual Events George Town Festival showcases arts and culture every August.
🎨 Cultural Districts Little India and Armenian Street are rich in culture and heritage.
🎭 Theater Venues PenangPAC hosts various cultural events and performances.
🛍️ Local Markets Batu Ferringhi Night Market is excellent for local crafts and street food.
🎼 Music Scene Live music venues like The Canteen at China's House are popular for entertainment.
🎨 Street Art George Town is famous for its street art which you can explore on foot.
🧑‍🍳 Cooking Classes Cooking Class Penang offers local cuisine cooking experiences.
👩‍🎨 Art Galleries Hin Bus Depot is a creative space with rotating exhibitions.
🕰️ Historic Buildings Many heritage buildings, including the Eastern & Oriental Hotel, add charm to the city.
🏴 Local Heritage Penang's local heritage is marked by its mix of Malay, Chinese, and Indian cultures.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Penang National Park is a range of scenic trails and beaches.
🏞️ National Parks Nearby Penang National Park is about 30 mins from the city.
🚲 Cycling/Walking Paths Esplanade Promenade is great for cycling and walking along the coast.
🌄 Scenic Viewpoints Penang Hill provides stunning views of the island.
🦉 Birdwatching Locations Penang National Park is a haven for diverse bird species.
🔥 Bonfire-Friendly Spots Batu Ferringhi beach allows bonfire gatherings in designated areas.

Other Services and Amenities

📦 Parcel Delivery Service DHL and Pos Malaysia for shipping and delivery services.
🛠️ Tech Repair Services Tech vendors in Komtar center offer device repairs.
🏓 Table Tennis Spots Local community centers have table tennis facilities.
🧑‍🏫 Language Classes The British Council offers English classes.
📚 Libraries & Study Spots Penang State Library is a great place for reading and studying.
🏘️ Community Centers Perak Road Community Center hosts various activities.
🕹️ Gaming Lounges Local gaming spots are found at Penang Plaza.
🎰 Casino & Gaming Halls There are no casinos in George Town, but a few nearby resorts offer gaming.

Business

🏢 Studio Purchase Price (City Center) Approx. MYR 4,000 per m² (e.g., 40 m² = MYR 160,000)
🏢 Studio Purchase Price (Outside City) Approx. MYR 3,500 per m² (e.g., 40 m² = MYR 140,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. MYR 5,000 per m² (e.g., 60 m² = MYR 300,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. MYR 4,500 per m² (e.g., 60 m² = MYR 270,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. MYR 6,000 per m² (e.g., 80 m² = MYR 480,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. MYR 5,000 per m² (e.g., 80 m² = MYR 400,000)
💼 Corporate Tax 24%
💵 Dividend Withholding Tax No tax on dividends for resident individuals.
🏦 Tax System Territorial tax system; only income sourced in Malaysia is taxed.
📈 Highest Income Tax Bracket 28%
🧾 VAT 6% GST applied to most goods and services.
🌐 Controlled Foreign Company (CFC) Rules Yes, CFC rules are in place.
🏠 Property Tax Annual property tax rates range from 4% to 6%.
🏠 Property Transaction Tax 1%-4% depending on the property price.
💻 Attractive Tax System for Digital Nomads No tax on income earned outside Malaysia for non-residents.

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