Don't buy anything which is on reclaimed land, slope. Reclaimed land is not stable, especially if they dump rubbish. One thing to keep in mind recently -

earthquakes. Reclaimed land in penang is not as stable as you think - earthquakes makes it even worse. Now the volcano belt in indonesia is going active again, you might not want to invest there if you do not want cracks appear in your walls.

This ofcourse depends on how they reclaim it. 5th Street and 7th Street (forgot the name of the area) was a reclaimed land for over 30 years. It actually sunk and recent earthquakes made the situation even worse. I dont have source about this, I think you should ask and research about land reclaimation houses before you buy one.

As a Penangite, I would personally advise to find somewhere near Greenlane, Gelugor and Batu Maung...

Why Greenlane and Gelugor? it can be said as the mid between town area and airport and it's very near to the bridge, so it is very convenient.

Why Batu Maung? No need to say anymore right? it is of coz because of the 2nd bridge of penang...

However i personally like Greenlane and Gelugor Area as it is very peaceful and safe place to live in, not crime prone area.. and lots of hills and nearby the sea as well, so it wont be very hot..

Well, if u are rich and going for high investment, then u minght wanna take the risk and try out Batu Ferringhi ot Tanjung Bungah area as the property there is very expensive and locals wont be a ble to afford renting or buying, your targets are FOREIGNERS..

and don invest in property too close to the PORR, it is not advisable for investment...

Cheers

~Young