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Average Rental Per Square Feet for Penang, Malaysia
Written by Kenny Foo   
Tuesday, 01 June 2010 21:08

Different type of properties will bring different type of income. Some is good in capital appreciation while some is good in rental rate.

Hence, it is important to know the average rental per square feet for different type of properties before the investors decide to buy which type of properties.

 

The following is the average rental per square feet for different types of properties in Penang, Malayisa.

 

      

No.Properties TypeClassLocationAverage Rental per s.f.Last Updated
1.OfficeLuxuriesPenangRM2.50 - RM3.501 June 2010
2.OfficeFirst ClassPenangRM2.20 - RM2.701 June 2010
3.OfficeSecond ClassPenangRM1.50 - RM2.001 June 2010
4.Retail ShopFirst Class MallPenangRM13.00-RM35.001 June 2010
5.Retail ShopSecond Class MallPenangRM5.00 - RM15.001 June 2010
6.FlatNormalPenangRM0.50 - RM0.801 June 2010
7.CondominiumNormalPenangRM0.80 - RM1.101 June 2010

 

 Based on the table, the investor can know that retail shop in shopping mall tends to have better average rental per square feet. Hence, when the investors try to compare different type of properties to invest, he can use average rental as one of the criteria to make decision.

 

 

Last Updated on Tuesday, 01 June 2010 22:07
 
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