Property Prices in Miri, Malaysia

Index Info
Price to Income Ratio: 5.36
Mortgage as Percentage of Income: 37.03%
Loan Affordability Index: 2.7
Price to Rent Ratio - City Centre: 18.33
Price to Rent Ratio - Outside of Centre: 14.6
Gross Rental Yield (City Centre): 5.45%
Gross Rental Yield (Outside of Centre): 6.85%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,333.33 RM 1,300.0-1,400.0
Apartment (1 bedroom) Outside of Centre 700.0 RM 600.0-800.0
Apartment (3 bedrooms) in City Centre 2,066.67 RM 1,500.0-2,500.0
Apartment (3 bedrooms) Outside of Centre 1,600.0 RM 800.0-2,500.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 464.51 RM
Price per Square Feet to Buy Apartment Outside of Centre 232.26 RM
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,500.0 RM
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.42 3.0-4.0

These data are based on 20 entries in the past 18 months from 4 different contributors.
Last update: September 2024

Sources and References
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