Penang offers an unparalleled balance of modern urbanisation, cultural heritage, and natural conservation, coupled with a reasonable cost of living and a stable economic climate. Millions of visitors visit Penang every year, bringing in more vibrancy to the city. Praised for its high quality of life, Penang is famously known as Pulau Mutiara (Island of Pearls) among the locals and ‘Pearl of the Orient’ among the international community.