By Chan Wei Chao (REN 39846), Team Leader, Bricksmen Team · IQI Realty Sdn. Bhd. · Updated 4 November 2026
Penang’s exports rose 75.1% year on year in the first nine months of 2026 to RM766.44 billion, and the state’s total trade reached RM1.164 trillion. State executive councillor Goh Choon Aik gave the figures in his winding-up speech at the state assembly, reported on 4 November 2026. Penang’s exports made up 48.8% of Malaysia’s total exports for the period.
Penang trade, January to September 2026
| Item | Figure |
|---|---|
| Total trade | RM1.164 trillion |
| Exports | RM766.44 billion |
| Export growth | +75.1% year on year |
| Share of Malaysia’s exports | 48.8% |
September alone was the strongest month: the state reported exports of RM113.2 billion, up 96.2%. See our earlier report on Penang’s September exports.
Industrial land and investment
Goh also listed the state’s industrial land pipeline and investment programmes:
- Northern TechValley: 176 acres.
- Proposed industrial expansion: 1,578 acres.
- Batu Kawan Industrial Park 2: 1,300 acres. Read about the debate over who should develop BKIP2.
- InvestPenang: secured RM238 million for four strategic initiatives in 2025 and 2026, covering semiconductor design, technical talent, automated testing and technology financing.
What it means for Penang property
Exports at this level mean factories in Bayan Lepas, Batu Kawan and Seberang Perai are busy, and that supports jobs for engineers, technicians and production staff. Steady jobs help demand for homes near the industrial zones, both for buyers and for tenants. Trade figures can swing from month to month, so treat them as one factor among many when choosing a property.
Projects near the main industrial zones:
| Project | Area | Indicative price | Completion |
|---|---|---|---|
| Goodwood Residence | Bayan Lepas | RM797,648–RM905,883 | Completed |
| Maldives Residence | Bayan Lepas | RM498,000–RM550,000 | 2027 |
| VERSA | Batu Kawan | From RM453,000 | 2027 |
| AndaBreeze Residences | Batu Kawan | RM446,000–RM873,000 | 2030 |
| Forescape @ Metrioplace | Simpang Ampat | RM543,000–RM666,000 | End of 2029 |
Business owners looking for factory space can browse our Penang industrial projects.
Frequently asked questions
How much did Penang export in the first nine months of 2026?
RM766.44 billion, up 75.1% from a year earlier.
What was Penang’s total trade?
RM1.164 trillion from January to September 2026.
What share of Malaysia’s exports came from Penang?
48.8% for the first nine months.
Looking for a home near your workplace?
I can send the latest price lists for projects near Bayan Lepas, Batu Kawan and Simpang Ampat. WhatsApp or call +60 10-313 9113.
Sources
- Pocket News: Penang trade hits RM1.16 trillion as state expands industrial development and public support
- Buletin Mutiara: Penang exports surge 96.2% to RM113.2bil in September, says CM Chow
This article is general information based on state assembly statements and published reports as of 4 November 2026. It is not investment advice; project prices are indicative and depend on availability.