The biggest Oktoberfest in Penang is the one held by the Malaysian German Society. This year it is being held this coming Friday and Saturday nights, October 17th and 18th. I just picked up my ticket for Saturday night.
Beforehand tickets cost RM10 for members and RM25 for non-members. At the door they are RM30 for all. Tickets come with a voucher for one can of Carlsberg or soft drink.
Last Saturday they were setting up the venue:
And by today they had made some progress: