Property Prices in Penang, Malaysia

Index Info
Price to Income Ratio: 8.86
Mortgage as Percentange of Income: 66.90%
Loan Affordability Index: 1.49
Price to Rent Ratio - City Centre: 32.26
Price to Rent Ratio - Outside of Centre: 30.44
Gross Rental Yield (City Centre): 3.10%
Gross Rental Yield (Outside of Centre): 3.28%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 950.00 RM 700.00-1,500.00
Apartment (1 bedroom) Outside of Centre 655.00 RM 400.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,276.92 RM 1,500.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,436.67 RM 800.00-2,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 713.82 RM 639.99-789.67
Price per Square Feet to Buy Apartment Outside of Centre 443.91 RM 418.06-467.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,518.18 RM
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.44 3.50-4.80

These data are based on 76 entries in the past 18 months from 15 different contributors.
Last update: February 2019

Sources and References: Info
No sources and references provided yet.
Add new source here:
Sign up for our newsletter:
Your email address:
This page in other languages:

DeutschImmobilienpreise in Penang
ItalianoPrezzi delle proprietà immobiliari a Penang
FrançaisPrix de l'immobilier à Penang
EspañolPrecios de Inmuebles en Penang

Leave a comment:
Your name: Sign In
Your email address (optional):
Your comment (no HTML):

0 Comments so far