March 17, 2025

Melbourne Capital Group opens Wealth Management office in Straits Quay, Penang.

Melbourne Capital Group opens Wealth Management office in Straits Quay, Penang.

We are excited to announce that Melbourne Capital Group has expanded our presence on the ground into Penang. To mark this milestone, we hosted a casual mixer with our clients, friends, and partners – bringing together an incredible community of expatriates and professionals on the island.

Held at the aptly named (but no link to us), The Melbourne Cartel down on Straits Quay, the event felt like a perfect match - not just because of the similarities in our business names and shared origins, but also thanks to their warm hospitality. A huge thank you to The Expats Club, Relocating to Malaysia, the Malaysian German Society of Penang, and one of our legal parnter, Kim Khoo from Heritance Wills for joining us and making the evening special.

“Over the past year, Relocating to Malaysia has received the highest number of inquiries from expatriates looking to retire in Penang through the Malaysia My Second Home (MM2H) visa. It’s clear that Penang remains a top choice for its affordability, lifestyle, and strong expat community. In partnership with The Expats Club, we’ve helped many newcomers navigate the relocation process – not just with visas, but also by connecting them to a vibrant community through our events and network.”

With our new office in Straits Quay, we now have two dedicated advisors, Tom Raynor and Adam Kinsey, permanently based in Penang to better serve our growing clientele. After a number of years of building relationships here, it was only natural for us to establish a stronger presence on the ground.

“Penang is evolving into one of Asia’s most dynamic expatriate hubs. With a well-established retiree community, a growing number of digital entrepreneurs, and a thriving infrastructure, it’s clear why more people are choosing to live here. Establishing a permanent presence in Penang was the natural next step for Melbourne Capital Group, ensuring we are on the ground in person to support our clients with everything from relocation, settling in and ultimately, wealth management.”

With offices now in Kuala Lumpur, Penang, and Bangkok, the question is – where to next? Stay tuned!

Our Penang office is located at 3A-1-13, Straits Quay, Jalan Seri Tanjung Pinang, 10470 Tanjong Tokong, Penang, Malaysia. Please reach out to us at info@melbournecapitalgroup.com for any further information.

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