The Penang Home was given due recognition on 12/10/2004 by the Social and Welfare Department for its role in having given contribution and services towards the improvement in the well being of the senior citizens in the State of Pulau Pinang. The recognition came in the form of a special award and a sum of RM5,000 presented by the Yang Di Pertuan Agong Tuanku Syed Sirajuddin ibni Al-Marhum Tuanku Syed Putra Jamalullail to the President of The Home.
In 2005, The Home was awarded first placing among the 6,000 odd societies in Penang as the best society during the "Anugerah Pertubuhan Cemerlang Pulau Pinang" by the Registrar of Societies. Malaysia on 12/11/2005. In the same year, its director, Dato Seri Dr Peter Tan Ewe Aik won the Tokoh Warga Emas Negeri Pulau Pinang award and its staff Madam Chan Phaik Kee received the Anugerah Caregivers Cermerland 2005 award (Federal level) as well.
Penang Home also secured a finalist placing in the Prime Minister Award for Quality under the socio economic sector for year 2006.
For the year 2010 The Penang Home has been given the Exemplary Award in the service of Senior citizens by the Kementerian Pembangunan Wanita, Keluarga dan Masyarakat on 16th December 2010