Property Prices in Penang, Malaysia

Index Info
Price to Income Ratio: 8.73
Mortgage as Percentange of Income: 66.28%
Loan Affordability Index: 1.51
Price to Rent Ratio - City Centre: 31.11
Price to Rent Ratio - Outside of Centre: 27.19
Gross Rental Yield (City Centre): 3.21%
Gross Rental Yield (Outside of Centre): 3.68%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,004.55 RM 700.00-1,500.00
Apartment (1 bedroom) Outside of Centre 779.17 RM 400.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,317.65 RM 1,700.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,575.00 RM 800.00-2,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 713.82 RM 609.90-935.24
Price per Square Feet to Buy Apartment Outside of Centre 453.26 RM 418.06-500.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,598.64 RM
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.50 3.50-5.00

These data are based on 94 entries in the past 18 months from 18 different contributors.
Last update: August 2018

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