10 Best Wallet-Friendly Hotels In Penang For Your Next Staycation Trip

Explore the islands, and return home with a new soul.
By: Iffah Salleh
September 23, 2022

A weekend staycation in Penang would be an incredible experience and could be your best decision yet—especially for island lovers. Penang is renowned as Malaysia’s colourful and cosmopolitan state. The city is noted for its British colonial structures, Chinese shophouses, and mosques, and was formerly a key commerce centre along the Malacca Strait. These days, Penang is better known for its contemporary metropolis with skyscrapers and retail complexes beyond the old town.

However, given the economic slump that we’re currently facing, spending thousands of ringgits for a staycation sounds like a disastrous idea. Luckily, Penang has a number of staycation hotels with stunning views that won’t break the bank. You can enjoy and explore the island’s heritage and activities, and return home with a brand new soul. Below, Glitz has compiled a list of the best hotels for a staycation in Penang for your next trip. Start scrolling whenever you’re ready. Remember, before planning your trip, always check for travel guidelines and closures.

What is a Staycation?

A staycation is a quick getaway at the end of the week for a vacation spent closer to home rather than elsewhere, or at home with day trips to local attractions. It’s easy to accuse yourself of acting like a tourist in your own town. All about relaxing, not overspending, and it is preferable for someone to spend time away from home. A staycation allows you to rediscover your true self.

Discover 10 Best Budget-Friendly Hotels in Penang For Your Next Staycation

1. Armenian Suite

Source: Armenian Suite’s Official Website

Armenian Suite is strategically located near Georgetown’s famous street art as well as many popular Penang attractions such as Little India, Queen Street, and the Penang Museum. Apart from its great location, it is an ideal place for all types of travellers because it offers a variety of accommodations ranging from capsule rooms for solo travellers to superior rooms for couples and deluxe rooms for families.

Find out more about Armenian Suite here.

PriceStarting price from RM99, Find out more here.
Address33, Lebuh Armenian, George Town, 10200 George Town, Pulau Pinang.


2. Carnarvon House

Source: Carnarvon House’s Official Facebook

Carnarvon House transports you to the 19th-century Straits Chinese House, with its architecture retaining all of the classical elements of the time while welcoming you to a relaxing staycation. Also, they have an in-house game room and a good selection of breakfast options including Asian, continental, vegetarian, and vegan options.

So, if you’re seeking a staycation to make you feel at “home”, Carnarvon House serves up!

Find out more about Carnarvon House here.

PriceStarting Price Per Night: RM111 (2 Pax), Find out more here.
Address28, Lorong Carnarvon, George Town, 10100 George Town, Pulau Pinang.


3. Areca Hotel Penang

Source: Areca Hotel Penang’s Official Website

Areca Hotel Penang is conveniently located within the UNESCO World Heritage buffer zone and is a short walk from the central business district. The hotel has four different types of rooms, all of which are decorated with historical and cultural themes. Each room is distinctive, such as the Heritage room, which is furnished with luxurious and modern furniture, and the Garden room, which is filled with serenity.

Find out more about Areca Hotel here.

PriceStarting price from RM205, Find out more here.
AddressNo 5, Jalan Khoo Sian Ewe 10050 George Town, Penang, Malaysia.


4. MoonTree 47

Source: MoonTree 47’s Official Facebook

Talking about heritage, Moontree 47 is one of the early heritage-inspired hotels in George Town and still has some of the best-priced rooms. In terms of quality and attention to detail, you’ll be living in a stunning Penang shophouse with flair, and just a short walk from all of George Town’s attractions. With a rustic vibe, green plants, and chirping birds, this renovated traditional shophouse will transport you back to your hometown.

Find out more about MoonTree47 here.

PriceStarting price from RM84, Find out more here.
Address47, Muntri St, Georgetown, 10200 George Town, Penang
Contact+604-264 4021


5. Frame Hotel

Source: Frame Hotel’s Official Facebook

Frame Hotel is an ideal place to stay for travellers seeking charm, comfort, and convenience in George Town. It is conveniently located 1 km from the city centre and offers easy access to the city’s must-see attractions. The 3-star hotel is also a popular choice amongst travellers.

Trip.com gave them a 4.5 overall rating, with Munifah, a business traveller, leaving a perfect rating and review, saying, “Very clean, neat, and tidy room. Easy access to the facility nearby.”

Find out more about Frame Hotel here.

PriceStarting price from RM159, Find out more here.
Address2F, Lorong Selamat 10400 George Town, George Town, Malaysia


6. Chulia Heritage Hotel

Source: The Chulia Heritage Hotel’s Official Facebook

The Chulia Heritage Hotel lives up to its name, all of the decorations scream heritage, and it features magnificent white interiors from the entrance. It is near to top attractions like Fort Cornwallis as well as natural beauty like the Muntri Canal’s river. Providing stylish yet affordable rooms, it is also close to the famous local food, Gurney Drive, which is only a 10-minute drive from the hotel.

Find out more about Chulia Heritage Hotel here.

PriceStarting from RM116, Find out more here.
AddressNo. 380, Chulia Street, 10200 George Town, Malaysia.


7. WOW Hotel Penang

Source: WOW Hotel Penang’s Official Website

The WOW Hotel Penang is a modern boutique hotel located in the city centre. You’ll be within walking distance of trendy bars and cafes, as well as all of Georgetown’s major historical attractions when you stay at the WOW Hotel. The rooms are spacious to provide comfort and give the guests a complete luxury experience at a fraction of the cost.

Find out more about WOW Hotel Penang here.

PriceStarting from RM134, Find out more here.
AddressNo.406, Jalan Penang, Georgetown, Penang, Malaysia, 10000.


8. Mclane Boutique Hotel

Source: Mclane Boutique Hotel’s Official Website

Mclane Boutique Hotel is centrally located in Georgetown, one of Penang Island’s most charming corners and streets. It has been meticulously restored and offers stunning surroundings for guests to stay in. This boutique hotel is ideal for a low-cost stay in George Town.

Find out more about Mclane Boutique Hotel  here.

PriceStarting from RM175, Find out more here.
Address17, Lorong Pasar, George Town, 10200 Georgetown, Pulau Pinang
Contact+604-261 1328


9. Sweet Cili Hotel

Source: Sweet Cili Hotel’s Official Website

Sweet Cili Hotel should be on your list if you’re looking for an affordable staycation in Penang. This bright and cheerful 8-bedroom boutique guesthouse was formerly a row of pre-war shophouses, making every stay a part of history. There are three room types to choose from, ranging from the Standard Room, ideal for a couple to the Loft for a larger group.

Find out more about Sweet Cili Hotel here.

PriceStarting price from RM194, Find out more here.
AddressNo. 6, Gat Lebuh Melayu, George Town, George Town, Malaysia
Contact+604-263 9963


10. The LOV Penang

Source: The LOV Penang’s Official Website

Last but not least, we recommend The LOV Penang, which offers hourly room rental. It is ideal for guests visiting Penang for a day trip or a staycation. You can choose whether to accommodate a spacious room suitable for a family or a dorm room for the backpacker. Both options are quite affordable. Now you can plan your trip and take a well-deserved break before returning to the road!

Find out more about The LOV Penang here.

PriceStarting price from RM145, Find out more here.
AddressNo 296, Jalan Tun Dr Awang, Bayan Lepas, Penang, Malaysia, 11900


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