Exploring Penang on a budget doesn’t mean giving up comfort or style. From cozy heritage stays in George Town to seaside escapes in Batu Ferringhi, Penang offers plenty of affordable hotels with modern amenities and local charm.
Whether you’re a foodie, culture lover, or beachgoer, these wallet-friendly hotels let you experience the best of Penang without breaking the bank.
Penang's Accommodation
Hotel | Estimated Price | Best For | Key Highlights |
|---|---|---|---|
SGD$27 | Ultimate Savers | No-Frills, Clean & Central | |
SGD$34 | Heritage Lovers | Restored Colonial Building | |
SGD$36 | Urban Explorers | Classic Charm, Central Location | |
SGD$44 | Boutique on a Budget | Vintage Pre-War Interiors | |
SGD$45 | Modern Comfort | Gym Access & Contemporary Décor | |
SGD$49 | Creative Travellers | Artsy Interiors, Prime Location | |
SGD$53 | Airport Convenience | Cool, Contemporary Rooms | |
SGD$60 | Reliable Value | 4-Star Comfort In The City | |
SGD$61 | Beach Lovers | Affordable Ocean Views | |
SGD$76 | Shoppers & Groups | Apartment-Style Near Gurney |
Tune Hotel Georgetown Penang
Tune Hotel is the go-to choice for travellers who prioritise location and price above all else. It offers a clean, no-frills experience, ensuring you have a comfortable place to rest after a long day of exploring George Town's sights and sounds.
This is the perfect base camp for adventurers who plan to spend most of their time out and about.
🗺️ Nearby attractions
Attraction | Description |
|---|---|
Chowrasta Market | A bustling local market perfect for souvenir hunting and trying local snacks. |
Kapitan Keling Mosque | An iconic 19th-century mosque showcasing stunning Indo-Moorish architecture. |
Camera Museum Penang | A quirky museum dedicated to the history of photography with fun, interactive exhibits. |
✨ Why we recommend
It’s the most budget-friendly option on our list, providing basic, clean accommodation without unnecessary extras. This allows you to save your money for what truly matters: Penang's incredible food and attractions.
👥 Best for
Solo travellers, backpackers, and budget-conscious couples.
📍 Location
Situated on Jalan Burma, it offers easy access to the heart of George Town.
Address: 100, Jalan Burma, 10050 George Town, Pulau Pinang
Chulia Mansion
Experience Penang's colonial past without breaking the bank at Chulia Mansion. Housed in a beautifully restored heritage building, this hotel offers a unique stay that combines historical charm with modern affordability.
It’s an excellent choice for those who want more than just a room, providing a memorable atmosphere in a prime location.
🗺️ Nearby attractions
Attraction | Description |
|---|---|
Armenian Street Art Trail | The epicentre of Penang's famous street art, featuring murals by Ernest Zacharevic. |
Pinang Peranakan Mansion | A lavishly decorated museum offering a glimpse into the opulent lifestyle of the Peranakan Baba-Nyonya. |
Little India Penang | A vibrant neighbourhood filled with colourful shops, aromatic spices, and delicious Indian cuisine. |
✨ Why we recommend
The hotel provides the rare opportunity to stay in a piece of Penang's history for a budget-friendly price. Its location on Lebuh Chulia puts you right in the middle of the action.
👥 Best for:
History buffs, culture seekers, and couples.
📍 Location
In the heart of the George Town UNESCO World Heritage Site.
Address: 413, Chulia St, Georgetown, 10200 George Town, Penang
Old Penang Hotel
Old Penang Hotel captures the essence of George Town's heritage with its classic charm and strategic location. This budget-friendly hotel is ideal for travellers who appreciate a touch of history and want to be within walking distance of major shopping and food hubs.
It provides a simple yet comfortable stay, making it a solid base for urban exploration.
🗺️ Nearby attractions
Attraction | Description |
|---|---|
New Lane Hawker Centre | A famous open-air food court offering a huge variety of Penang's best street food. |
KOMTAR Tower | Penang's tallest building, featuring The Top Penang for panoramic city views. |
Penang Times Square | A modern shopping mall with a variety of retail stores, dining options, and entertainment. |
✨ Why we recommend
It offers a great balance of heritage feel, convenience, and low cost. Being close to Penang Times Square and KOMTAR makes it easy to shop, eat, and connect to public transport.
👥 Best for
Shoppers, foodies, and first-time visitors to Penang.
📍 Location
Just a stone's throw from Penang Times Square and key transport hubs.
Address: 3, Jalan Kampung Jawa Lama, 10150 George Town, Pulau Pinang
Rare Heritage House
Step into a beautifully restored pre-war building at Reunion Heritage House. This hotel blends vintage interiors with modern comforts, offering a boutique experience at an affordable price point.
The attention to detail in its design and decor makes it a standout choice for travellers seeking a stylish and atmospheric stay.
🗺️ Nearby attractions
Attraction | Description |
|---|---|
Clan Jetties of Penang | Historic wooden houses built on stilts over the water, offering a unique look at a bygone era. |
Wonderfood Museum | A fun and quirky museum showcasing giant, hyper-realistic replicas of Malaysian dishes. |
Fort Cornwallis | The largest standing fort in Malaysia, marking the spot where Captain Francis Light first landed in 1786. |
✨ Why we recommend
The hotel’s aesthetic is its biggest draw. It provides an Instagram-worthy backdrop and a cosy atmosphere that feels more luxurious than its price tag suggests.
👥 Best for
Couples, design lovers, and travellers seeking a romantic setting.
📍 Location
Located on Lebuh Victoria, close to the famous Clan Jetties.
Address: 107, Victoria St, Georgetown, 10300 George Town, Penang
Travelodge Georgetown
For those who prefer modern comforts, Travelodge Georgetown is an excellent choice. This hotel offers contemporary décor, essential amenities like a gym and free WiFi, and a reliable standard of service.
It’s a practical and comfortable base for both leisure and business travellers who want a hassle-free stay.
🗺️ Nearby attractions
Attraction | Description |
|---|---|
KOMTAR Tower & The Top Penang | Offers breathtaking 360-degree views of the island from its observation deck. |
Penang Street Art | Discover the iconic murals and wrought-iron caricatures scattered throughout George Town. |
New Lane Hawker Centre | A legendary spot to sample a wide array of Penang's famous street food dishes. |
✨ Why we recommend
It delivers consistent quality and modern facilities at a competitive price. The inclusion of a gym is a great perk for health-conscious travellers on a budget.
👥 Best for
Business travellers, families, and those who prefer modern hotels.
📍 Location
Conveniently located on Jalan Macalister, a major thoroughfare in George Town.
Address: 101, Jln Macalister, 10400 George Town, Pulau Pinang
The Frame Hotel
The Frame Hotel proves that budget-friendly doesn't have to be boring. With its creative interiors and boutique-style approach, this hotel offers a chic and vibrant place to stay.
Its central location makes it easy to explore George Town's artistic and cultural scenes, making it a favourite among younger travellers and art enthusiasts.
🗺️ Nearby attractions
Attraction | Description |
|---|---|
Hin Bus Depot Art Centre | A contemporary art space housed in a former bus depot, featuring exhibitions and a weekend market. |
Upside Down Museum | A fun and interactive museum where everything is flipped, creating hilarious photo opportunities. |
Chowrasta Market | One of Penang's oldest markets, perfect for finding local products, books, and snacks. |
✨ Why we recommend
It combines style, location, and affordability. The unique design and artistic flair provide a memorable experience that stands out from standard budget hotels.
👥 Best for
Young travellers, art lovers, and Instagrammers.
📍 Location
Centrally located on Lorong Selamat, known for its famous char kway teow.
Address: Via Panzani, 2, 50123 Firenze FI, Italy
U Hotel Penang
Located near the airport, U Hotel Penang is perfect for travellers with early flights or those exploring the southern part of the island.
The hotel features cool, contemporary rooms that provide a comfortable and stylish retreat. Its proximity to Queensbay Mall also makes it a great option for shoppers.
🗺️ Nearby attractions
Attraction | Description |
|---|---|
Queensbay Mall | The largest shopping mall in Penang, with a wide range of international brands, dining, and entertainment. |
Penang Bridge Viewpoint | A scenic spot to get great photos of one of Malaysia's most iconic bridges. |
Snake Temple | A unique Chinese temple famous for the pit vipers that are said to inhabit it. |
✨ Why we recommend
Its strategic location near the airport and major shopping areas offers great convenience. The modern design provides a refreshing and comfortable stay at an affordable price.
👥 Best for
Transit passengers, business travellers, and shoppers.
📍 Location
Situated in Sungai Dua, a short drive from Penang International Airport and Queensbay Mall.
Address: 676, Jalan Sungai Dua, Taman Pekaka, 11700 Gelugor, Pulau Pinang
Cititel Penang
Cititel Penang is a well-known name that offers reliable 4-star value in a prime city location. While slightly pricier than other options on this list, it provides a higher level of comfort, service, and amenities, making it excellent value for money.
It's a safe and comfortable choice for travellers who want a bit more without a hefty price tag.
🗺️ Nearby attractions
Attraction | Description |
|---|---|
Cheong Fatt Tze Mansion | Also known as the Blue Mansion, this iconic indigo building is a masterpiece of architectural art. |
Penang Road Famous Teochew Chendul | Home to arguably the most famous cendol in Malaysia; expect long queues. |
1st Avenue Mall | A modern shopping mall connected to KOMTAR, offering a variety of fashion and lifestyle brands. |
✨ Why we recommend: It offers the comforts and facilities of a 4-star hotel at a price that is still very competitive. Its central location is perfect for exploring George Town on foot.
👥 Best for: Families, older travellers, and those seeking reliable comfort.
📍 Location: In the heart of George Town, close to shopping, dining, and heritage sites.
Address: 66, Jln Penang, George Town, 10000 George Town, Pulau Pinang
Hotel Sentral Seaview Penang
Dreaming of a beach holiday on a budget? Hotel Sentral Seaview Penang makes it possible. Located in Tanjung Bungah, this hotel offers affordable rooms with the option of a sea view, allowing you to wake up to the sound of the waves without overspending.
It's a great choice for a relaxing escape away from the city bustle.
🗺️ Nearby attractions
Attraction | Description |
|---|---|
Straits Quay Marina Mall | A picturesque seaside mall with restaurants, cafes, and shops overlooking a marina. |
Tanjung Bungah Beach | A quiet stretch of beach ideal for water sports or simply relaxing by the sea. |
Penang Avatar Secret Garden | A magical garden that comes to life at night with colourful LED lights draping the trees. |
✨ Why we recommend
It's one of the few hotels in Penang that offers direct beach access and sea views at such an affordable price point. It’s perfect for a tranquil, budget-friendly beach stay.
👥 Best for
Beach lovers, couples, and families looking for a relaxing holiday.
📍 Location
Along the coast of Tanjung Tokong/Tanjung Bungah.
Address: No.555, Jalan C M Hashim, Tanjung Tokong, Tanjung Bungah, Penang, 11200, Malaysia
The Landmark by The Only BnB
Offering apartment-style rooms, The Landmark by The Only BnB is an excellent option for families, groups, or those planning a longer stay. Located near the popular Gurney Plaza and Gurney Drive Hawker Centre, it provides space, comfort, and convenience.
While it's at the higher end of our cheap list, the value is exceptional for the space you get.
🗺️ Nearby attractions
Attraction | Description |
|---|---|
Gurney Plaza | A premier lifestyle shopping mall with a mix of luxury brands, high-street fashion, and dining. |
Gurney Drive Hawker Centre | An iconic open-air food court offering a vast selection of famous Penang street food by the sea. |
Penang Youth Park | A large green space with playgrounds, skate parks, and walking trails, perfect for a relaxing afternoon. |
✨ Why we recommend
The apartment-style layout provides more space and a home-like feel. Its proximity to Gurney Drive means Penang's best shopping and food are right at your doorstep.
👥 Best for
Families, groups, and long-stay travellers.
📍 Location
In Tanjung Tokong, a short walk or drive from the Gurney Drive promenade.
Address: 100-01-01, The landmark, Jln Tanjong Tokong, Tanjung Tokong, Penang, 10470, Malaysia
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FAQ: Cheap Hotels in Penang
What is the average price for a cheap hotel in Penang?
Based on our curated list, you can find excellent budget-friendly hotels in Penang ranging from approximately S$27 to S$76 per night, depending on the season and location.Is it better to stay in George Town or near the beach on a budget?
George Town generally offers more budget heritage hotels and is ideal for exploring street art, cafes, and cultural sites. Coastal areas like Tanjung Bungah offer affordable beachfront options if you prefer a more relaxed, sea-focused holiday.How far in advance should I book a cheap hotel in Penang?
To secure the best rates, especially for travel during weekends or Singaporean public holidays, we recommend booking your hotel at least 2-4 weeks in advance. Prices can increase closer to the travel date.