Property Prices in Penang, Malaysia

Index Info
Price to Income Ratio: 9.14
Mortgage as Percentange of Income: 70.32%
Loan Affordability Index: 1.42
Price to Rent Ratio - City Centre: 30.50
Price to Rent Ratio - Outside of Centre: 26.17
Gross Rental Yield (City Centre): 3.28%
Gross Rental Yield (Outside of Centre): 3.82%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,055.00 RM 600.00-1,895.00
Apartment (1 bedroom) Outside of Centre 763.89 RM 350.00-1,225.00
Apartment (3 bedrooms) in City Centre 2,273.33 RM 1,500.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,679.41 RM 1,000.00-2,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 710.13 RM 600.00-935.24
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) 3,400.73 RM
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 4.65 4.20-5.00

These data are based on 91 entries in the past 18 months from 17 different contributors.
Last update: December 2017

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