Property Prices in George Town, Malaysia
| Index |  |
|---|---|
| Price to Income Ratio: | 4.90 |
| Mortgage as Percentage of Income: | 34.62% |
| Loan Affordability Index: | 2.89 |
| Price to Rent Ratio - City Centre: | 15.21 |
| Price to Rent Ratio - Outside of Centre: | 13.56 |
| Gross Rental Yield (City Centre): | 6.57% |
| Gross Rental Yield (Outside of Centre): | 7.37% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,550.00 RM | |
| Apartment (1 bedroom) Outside of Centre | 1,212.50 RM | |
| Apartment (3 bedrooms) in City Centre | 3,075.00 RM | |
| Apartment (3 bedrooms) Outside of Centre | 2,425.00 RM | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 500.00 RM | |
| Price per Square Feet to Buy Apartment Outside of Centre | 350.00 RM | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,666.67 RM | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.67 |
These data are based on 31 entries in the past 18 months from 5 different contributors.
Last update: December 2024
Sources and References
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| Property Prices in Penang | 21.00 miles |
| Property Prices in Kulim | 27.50 miles |
| Property Prices in Taiping | 60.39 miles |
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