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Property Prices in Penang, Malaysia
| Index |  |
|---|---|
| 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 | |
| Apartment (1 bedroom) Outside of Centre | 779.17 RM | |
| Apartment (3 bedrooms) in City Centre | 2,317.65 RM | |
| Apartment (3 bedrooms) Outside of Centre | 1,575.00 RM | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 713.82 RM | |
| Price per Square Feet to Buy Apartment Outside of Centre | 453.26 RM | |
| 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 |
These data are based on 94 entries in the past 18 months from 18 different contributors.
Last update: August 2018
Sources and References:
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