Penang Syllabification: (Pe·nang)Pronunciation: /pəˈnaNG/ (also Pinang)Definition of Penang an island in Malaysia, located off the western coast of the Malay Peninsula. a state of Malaysia, consisting of Penang and a coastal strip on the mainland; capital, George Town (on Penang island). another name for George Town (sense 2).Penang in other Oxford dictionaries Definition of Penang in the British & World English dictionary