GEORGE TOWN, Feb 18 – United States website, “CNN Money”, recently enlisted George Town, Penang as one of the best places to retire abroad in 2016. One of Malaysia’s two urban Unesco world heritage sites ranked sixth in the US list, compiled by Katie Lobosco, saw Penang beating Las Terrenas in the Dominican Republic, Cuenca (Equador), Chiang Mai (Thailand) and Puerto Vallarta (Mexico).
Penang Chief Minister Lim Guan Eng said he was proud that Penang being one of the only two Asian cities in the list. He said it have also been proved that Penang is heading toward as international city which are clean, green, health and sustainable State in Malaysia. He told this to the reporters at his office Komtar here this afternoon.
In the CNN Money report dated January 6, writer Katie Lobosco named George Town as an “extremely affordable” location to retire in with a monthly budget of US$900 (RM3,752). She also pointed out that the island port city has lots to see and do which included museums, arts centres, free concerts, jungle parks, beaches and amusement parks.
“Unless you’re eating in an upscale restaurant, you can eat out for about US$3 (RM13) a person. The area boasts modern public transportation and a first-rate health care system,” Katie Lobosco commended on CNN Money report. The top five locations in the list are Algarve (Portugal), Cayo (Belize), Medellin (Colombia), Pau (France) and Abruzzo (Italy).