Property Prices in Penang, Malaysia
| Index |  |
|---|---|
| Price to Income Ratio: | 8.78 |
| Mortgage as Percentage of Income: | 63.64% |
| Loan Affordability Index: | 1.57 |
| Price to Rent Ratio - City Centre: | 24.16 |
| Price to Rent Ratio - Outside of Centre: | 25.11 |
| Gross Rental Yield (City Centre): | 4.14% |
| Gross Rental Yield (Outside of Centre): | 3.98% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,940.00 RM | |
| Apartment (1 bedroom) Outside of Centre | 1,340.00 RM | |
| Apartment (3 bedrooms) in City Centre | 3,185.71 RM | |
| Apartment (3 bedrooms) Outside of Centre | 2,328.57 RM | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 912.40 RM | |
| Price per Square Feet to Buy Apartment Outside of Centre | 671.50 RM | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,855.56 RM | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.96 |
These data are based on 65 entries in the past 18 months from 14 different contributors.
Last update: July 2024
Sources and References
Sign Up for Our Newsletter:
Nearby cities:| Property Prices in George Town | 0.28 miles |
| Property Prices in Bayan Lepas | 10.19 miles |
| Property Prices in Butterworth | 15.17 miles |
| Property Prices in Bukit Mertajam | 17.71 miles |
| Property Prices in Kulim | 25.74 miles |
| Property Prices in Serdang | 43.43 miles |
| Property Prices in Jeniang | 58.42 miles |
| Property Prices in Taiping | 62.60 miles |
| Property Prices in Kedah | 70.34 miles |
| Property Prices in Alor Setar | 70.78 miles |
This page in other languages:
 DeutschImmobilienpreise in Penang
|
 PortuguêsPreços de Imóveis em Penang
|
 ItalianoPrezzi delle proprietà immobiliari a Penang
|
 FrançaisPrix de l'immobilier à Penang
|
 EspañolPrecios de Inmuebles en Penang
|
Leave a comment:0 Comments so far