Ask any Penangite who had left the island for work, and you will get most of them saying that they will return to Penang for retirement. Penang may have changed significantly for the past two years especially, but it is certainly a change for the better.
Many visitors are enticed to live in the island once they have come here. Penangites will come back for retirement, except for the remaining few who probably migrated to another country or had already gotten too used to living in another state. People love Penang due to many reasons. One of them is the low living cost in the island.