Coordinates: 05°25′N 100°19′E / 5.417°N 100.317°E / 5.417; 100.317 George Town or Georgetown, is the capital of the state of Penang in Malaysia. Named after Britain's King George III, George Town is located on the north-east corner of Penang Island. The Georgetown metropolitan has a population of 1,253,748, the second largest metropolitan in Malaysia by population.