Penang Moves Up the massive League
First thing that strikes you about Penang is the island’s old school charm. Lining the streets of George Town, are well-preserved heritage buildings and shophouses each because of its own history. The streets sparkle after dark with inexpensive and delicious local fares that could be discovered at every nook and cranny.
A few streets away, however, symbols of capitalism and progress are apparent. Right next to Peranakan influenced shophouses and colonial buildings are stores and modern skyscrapers.
This phenomenal architectural and cultural townscape that combine their traditional and modern, is what makes Penang so charming. In recognition in this unique trait, George Town was accorded an inventory as being an UNESCO World Cultural Heritage in July 2008. It is further boosted Penang as being a definite attractive tourism destination.
Moving beyond tourism
However, Penang isn’t just banking on its tourism industry to have its economy afloat. It is usually discover various high-tech electronic plants located inside of the Bayan Lepas Free Industrial Zone, in your southern portion of the island. These days, however, the state have been experiencing a gradual decline of foreign direct investments as a consequence of cheaper labour costs in India and china.
That way, Penang continues to be repositioning itself as being a hub for medical tourism to improve its attractiveness just as one investment destination. Besides perennial favourites like Kuala Lumpur and Johor, Penang is fast seeming to be popular real estate investment destination among foreigners and Malaysians purchasing second home.
Depending on the Malaysia Property Incorporated (MPI), a trade body that promotes Malaysian properties internationally, in 2008, Indian investors were the very last bonus largest in home investments in Malaysia after Singapore, great britain and Korea inside three states. Today, Penang contains the third-largest economy, after Selangor and Johor.
One island, many varieties
Called “The Pearl belonging to the Orient”, Penang is definitely an island of 285 sq km situated in the Straits of Malacca using an estimated population of 1.5 million. Although smaller than Singapore, Penang has a lot to consider. The area is irregularly shaped like a tortoise by using a hilly and forested interior that divides the city into two.
Balik Pulau (meaning Back of Island), located on the west coast, would be the sleepy component to Penang this really is served by one simple main road cutting through hilly terrains and scenic reservoirs.
The most important buzz, however, depends on the east and north coast. With the Batu Ferringhi and Tanjong Bungah vicinity, luxury hill top condominiums and villas is available with breathtaking views for the Andaman Sea. These areas are thought prime locations.
Batu Ferringhi has hotels, beach resorts and international schools. Some notable hotels and resorts include Shangri-La Rasa Sayang, Shangri-La Golden Sands Resort, Grand Plaza Parkroyal, Holiday Inn Resort and Ferringhi Beach Resort. Upland International School is additionally within walking distance.
Visit golden sands resort batu ferringhi
Parkroyal Penang Hotel
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