NUMBEO

Property Prices in Penang, Malaysia

Index Info
Price to Income Ratio: 8.73
Mortgage as Percentange of Income: 66.69%
Loan Affordability Index: 1.50
Price to Rent Ratio - City Centre: 27.80
Price to Rent Ratio - Outside of Centre: 24.82
Gross Rental Yield (City Centre): 3.60%
Gross Rental Yield (Outside of Centre): 4.03%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,172.73 RM 750.00-1,895.00
Apartment (1 bedroom) Outside of Centre 906.25 RM 450.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,443.75 RM 1,800.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,610.71 RM 1,100.00-2,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 707.80 RM 600.00-935.24
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) 3,579.36 RM
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.57 3.50-6.00

These data are based on 90 entries in the past 18 months from 16 different contributors.
Last update: May 2018

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