Property Prices in Penang, Malaysia

Index Info
Price to Income Ratio: 8.74
Mortgage as Percentange of Income: 66.97%
Loan Affordability Index: 1.49
Price to Rent Ratio - City Centre: 30.07
Price to Rent Ratio - Outside of Centre: 25.99
Gross Rental Yield (City Centre): 3.33%
Gross Rental Yield (Outside of Centre): 3.85%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,137.08 RM 600.00-2,000.00
Apartment (1 bedroom) Outside of Centre 802.50 RM 350.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,400.00 RM 1,800.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,617.86 RM 1,100.00-2,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 746.84 RM 600.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 445.52 RM 418.06-500.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,672.21 RM
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.61 4.20-5.00

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

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