Timur Laut (George Town): Condos, Apartments and Area Guide

Timur Laut is the north-east district of Penang Island and home to George Town, the state capital. About 565,000 people live here, the median household earns RM7,745 a month, and it has the most expensive high-rise homes in Penang.

730

Developments in this directory

1,028 / 2,405

For sale / for rent on condo.com.my now

565,300

Population, 2026 estimate

Census 2020: 556,575 (DOSM)

RM 7,745

Median household income a month

DOSM, 2024

RM 559 psf

Condo / apartment median price

NAPIC sales, 2025

RM 300,000

Flat median price

NAPIC sales, 2025

Explore Penang by area

Region

Penang Island

Timur Laut (George Town) and Barat Daya (Bayan Lepas)

1,037 developments

1,818 for sale · 3,633 for rent

District

Barat Daya

Bayan Lepas, Bayan Baru, Sungai Ara, Relau, Batu Maung

307 developments

790 for sale · 1,228 for rent

Region

Seberang Perai (Mainland)

SP Utara, SP Tengah and SP Selatan

391 developments

144 for sale · 167 for rent

District

Seberang Perai Utara

Butterworth, Bagan, Raja Uda, Kepala Batas, Penaga

144 developments

97 for sale · 123 for rent

District

Seberang Perai Tengah

Bukit Mertajam, Seberang Jaya, Perai, Bandar Perda, Juru

184 developments

30 for sale · 15 for rent

District

Seberang Perai Selatan

Batu Kawan, Simpang Ampat, Bukit Tambun, Nibong Tebal

63 developments

17 for sale · 29 for rent

Timur Laut area guide

About Timur Laut

Timur Laut ("North-East") covers the northern and eastern half of Penang Island. It takes in the George Town city centre, Pulau Tikus and Gurney, Tanjung Tokong, Tanjung Bungah and Batu Ferringhi on the north coast, Air Itam and Paya Terubong inland, and Jelutong and Gelugor along the east coast. The whole island, Timur Laut included, is run by the City Council of Penang Island (MBPP).

The 2020 census counted 556,575 people in the district. The largest part is the Paya Terubong mukim with 226,712 people, which covers Air Itam, Farlim and Bandar Baru Air Itam. The city centre had 158,336 people, Jelutong 63,507 and Gelugor 18,662. DOSM estimates the district at 565,300 people in 2026.

Household income

The median household in Timur Laut earned RM7,745 a month in 2024, up from RM6,714 in 2022 (DOSM). That is above the Penang median of RM7,386. Jobs are in services, trade, finance, tourism, healthcare and education in George Town, and in the factories of the Bayan Lepas Free Industrial Zone a short drive south.

House prices per square foot

Timur Laut has the highest high-rise prices in Penang. In NAPIC sales data, a condominium or apartment here sold for a median of RM 600 psf in 2024 and RM 559 psf in 2025, against about RM 340–360 psf on the mainland. Older flats are much cheaper, at a median of about RM 300,000.

The top end is far above the median. Sunrise Gurney averaged RM1,872 psf and Setia V Residences RM1,193 psf in sales over 2024–25 (Penang Property Talk).

Median sold price	2024	2025	Jan–Jun 2026
Condominium / apartment	RM 600 psf · RM 660,000 (835 sales)	RM 559 psf · RM 599,000 (298 sales)	RM 519 psf · RM 555,000 (121 sales)
Flat	RM 426 psf · RM 300,000 (868 sales)	RM 429 psf · RM 300,000 (487 sales)	RM 428 psf · RM 300,000 (200 sales)
Low-cost flat	RM 323 psf · RM 175,500 (396 sales)	RM 334 psf · RM 180,000 (174 sales)	RM 330 psf · RM 175,000 (87 sales)
2-storey terrace house	RM 1,300,000 (144 sales)	RM 1,200,000 (49 sales)	RM 1,190,000 (26 sales)

Median of the sales in NAPIC Open Sales Data (JPPH). psf = price ÷ floor area of the unit. Recent months are not complete yet, so 2025 and 2026 have fewer sales than were really made.

Popular places to live

Gurney and Pulau Tikus: seafront condos, Gurney Plaza and Gurney Paragon, the priciest high-rise belt.
Tanjung Tokong and Seri Tanjung Pinang: newer condos on reclaimed land, Straits Quay marina.
Tanjung Bungah and Batu Ferringhi: sea-view condos on the north coast, near the beaches.
Jelutong and Gelugor: close to the Penang Bridge, USM and the industrial zone.
Air Itam and Farlim: older apartments and flats at lower prices, below Penang Hill.

Schools and universities

Universiti Sains Malaysia (USM), main campus at Gelugor.
Wawasan Open University, Han Chiang University College, DISTED College and the RCSI & UCD Malaysia Campus in George Town.
International schools: Uplands (Batu Ferringhi), Dalat (Tanjung Bungah), Tenby (Tanjung Tokong) and St Christopher's (George Town).

Hospitals

Penang General Hospital (Hospital Pulau Pinang), the main government hospital of the state.
Private hospitals: Gleneagles Penang, Island Hospital, Loh Guan Lye Specialists Centre, Lam Wah Ee Hospital, Penang Adventist Hospital and Mount Miriam Cancer Hospital (Tanjung Bungah). Many of their patients come from abroad: Penang had about 520,000 medical tourists in 2025.

Things to do

George Town heritage zone, a UNESCO World Heritage Site since 2008: shophouses, clan houses, the Clan Jetties, Khoo Kongsi, Fort Cornwallis and street art.
Penang Hill (833 m), reached by funicular railway, part of a UNESCO Biosphere Reserve since 2021.
Kek Lok Si temple in Air Itam.
Gurney Drive hawker food and the new Gurney Bay seafront park.
Batu Ferringhi beach and night market.

Getting around

The 13.5 km Penang Bridge lands at Gelugor, and the ferry runs from George Town to Butterworth on the mainland. The LRT Mutiara Line is being built from Komtar through Macallum, Jelutong and Gelugor to the airport and Silicon Island. It was 15.5% complete in September 2026 and is set to open in December 2031. In November 2026 the state began studying a third link bridge to the mainland in place of the undersea tunnel.

Frequently asked questions

Is Timur Laut the same as George Town?

George Town is the city centre inside Timur Laut. The district also covers Pulau Tikus, Gurney, Tanjung Tokong, Tanjung Bungah, Batu Ferringhi, Air Itam, Paya Terubong, Jelutong and Gelugor.

How much is a condo in Timur Laut per square foot?

NAPIC sales show a median of RM 600 psf for a condominium or apartment in 2024 and RM 559 psf in 2025. Seafront projects at Gurney sell for well over RM1,000 psf.