Its been more than 10 years since my last visit to Penang Island. I visited the island from 28 Nov to 2 Dec 22, my fourth visit in my entire life so far.
Things are getting expensive, especially food. Partly due to global inflation and partly due to poorly managed economy leading to shortages of raw produce, from chicken to eggs. A typical McDonald meal can cost between RM 15 to RM20 per person, which is typically what Singapore McDonald charges. Simple Dim Sum breakfast in hawker centre costs between RM25 to RM30 for 2 persons. I recalled that some years ago, a bowl of noodle can be as little as RM3.50 to RM4. The current high food price will mean that only wealthy Malaysian can enjoy food from restaurants. I had an opportunity to speak to a local Grab driver and received feedback that residents who can't afford will have to depend on home cooked food to reduce their cost of living. What remains reasonably price is their daily groceries bought from local supermarket. Eg a simple no frills T-shirt can be RM15 at local Lotus Supermarket.
Hopefully, with the change in government in the recent general election, there will be better economic conditions for local residents.
Tried the Mao Shan Wang(MSW) Durian in Penang, it was fresh and tasty. The best food I had for the whole trip. It was expensive at RM68/kg but it was worth it due to its superior quality. I think in Singapore, the MSW durian will likely be cheaper.
There are still new buildings being erected around the island, showing that investments are still flowing into the island.