Property Prices in Penang, Malaysia

Index Info
Price to Income Ratio: 8.94
Mortgage as Percentange of Income: 67.62%
Loan Affordability Index: 1.48
Price to Rent Ratio - City Centre: 31.14
Price to Rent Ratio - Outside of Centre: 26.64
Gross Rental Yield (City Centre): 3.21%
Gross Rental Yield (Outside of Centre): 3.75%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,045.83 RM 700.00-2,000.00
Apartment (1 bedroom) Outside of Centre 809.09 RM 450.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,457.14 RM 1,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,578.12 RM 800.00-2,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 750.72 RM 639.99-935.24
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) 3,623.42 RM
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.45 3.50-5.00

These data are based on 87 entries in the past 18 months from 16 different contributors.
Last update: November 2018

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