Malaysia gross rental yields are now 2.93% to 8.00%

Residential Valuation Specialist | November 18, 2022

Last Updated: Sept. 22, 2022
KUALA LUMPUR - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
KLCC
Studio $129,416 $525 4.87%
1-Bedroom $235,500 $657 3.35%
2-Bedroom $284,526 $832 3.51%
3-Bedroom $328,299 $1,094 4.00%
4+Bedroom $618,280 $1,751 3.40%
Bukit
Studio $84,920 $394 5.57%
1-Bedroom $120,376 $492 4.91%
2-Bedroom $122,127 $482 4.73%
3-Bedroom $122,565 $481 4.71%
4+Bedroom $137,448 $569 4.97%
Bintang
Studio $126,505 $591 5.61%
1-Bedroom $186,036 $657 4.24%
2-Bedroom $218,866 $875 4.80%
3-Bedroom $240,753 $875 4.36%
4+Bedroom $415,846 $1,423 4.11%
Jalan Ampang
Studio $98,490 $306 3.73%
1-Bedroom $120,376 $416 4.15%
2-Bedroom $137,886 $482 4.19%
3-Bedroom $124,147 $547 5.29%
4+Bedroom $152,112 $832 6.56%
Jalan Ipoh
Studio $76,603 $284 4.45%
1-Bedroom $76,603 $285 4.46%
2-Bedroom $93,018 $361 4.66%
3-Bedroom $98,490 $394 4.80%
4+Bedroom $116,437 $482 4.96%
Jalan Sultan Ismail
Studio $105,056 $372 4.25%
1-Bedroom $191,508 $482 3.02%
2-Bedroom $226,089 $657 3.49%
3-Bedroom $229,810 $613 3.20%
4+Bedroom $831,692 $3,721 5.37%
Jalan Kuching
1-Bedroom $96,301 $306 3.82%
2-Bedroom $102,867 $361 4.21%
3-Bedroom $108,995 $372 4.10%
4+Bedroom $163,712 $547 4.01%
Kuala Lumpur avg. Rental Yields 4.41%
JOHOR BAHRU - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Skudai
Studio $49,240 $219 5.33%
1-Bedroom $56,899 $241 5.08%
2-Bedroom $61,276 $263 5.14%
3-Bedroom $62,370 $350 4.74%
4+Bedroom $68,498 $416 7.28%
Tampoi
Studio $52,084 $241 5.55%
1-Bedroom $60,838 $274 5.40%
2-Bedroom $65,653 $285 5.20%
3-Bedroom $70,303 $306 5.25%
4+Bedroom $80,534 $317 4.73%
Mount Austin
Studio $50,334 $219 5.22%
1-Bedroom $57,610 $241 5.01%
2-Bedroom $65,434 $263 4.82%
3-Bedroom $87,099 $350 4.82%
4+Bedroom $113,798 $394 4.15%
Plentong
Studio $48,145 $219 5.45%
1-Bedroom $50,334 $219 5.22%
2-Bedroom $65,653 $274 5.00%
3-Bedroom $71,124 $285 4.80%
4+Bedroom $151,001 $547 4.35%
Permas Jaya
2-Bedroom $63,638 $263 4.95%
3-Bedroom $69,592 $328 5.66%
4+Bedroom $87,318 $394 5.41%
Other Areas
Studio $54,154 $250 5.54%
1-Bedroom $68,508 $283 4.95%
2-Bedroom $93,519 $348 4.47%
3-Bedroom $84,385 $370 5.26%
4+Bedroom $138,756 $522 4.51%
Johor Bahru avg. Rental Yields 5.19%
PETALING JAYA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Petaling Jaya (all locations)
Studio $70,030 $285 4.88%
1-Bedroom $93,665 $350 4.48%
2-Bedroom $115,986 $438 4.53%
3-Bedroom $105,044 $416 4.75%
4+Bedroom $196,520 $613 3.74%
Petaling Jaya avg. Rental Yields 4.48%
GEORGETOWN - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Georgetown (all locations)
Studio $120,376 $438 4.37%
1-Bedroom $126,942 $438 4.14%
2-Bedroom $142,263 $438 3.69%
3-Bedroom $138,980 $482 4.16%
4+Bedroom $582,902 $1,423 2.93%
Georgetown avg. Rental Yields 3.86%
ISKANDER PUTERI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Iskander Puteri (all locations)
Studio $70,037 $263 4.50%
1-Bedroom $83,169 $285 4.11%
2-Bedroom $84,264 $350 4.99%
3-Bedroom $84,920 $438 6.19%
4+Bedroom $154,957 $657 5.08%
Iskander Puteri avg. Rental Yields 4.97%
IPOH - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Ipoh (all locations)
Studio $45,962 $306 8.00%
1-Bedroom $62,377 $328 6.32%
2-Bedroom $68,943 $328 5.71%
3-Bedroom $77,916 $350 5.39%
4+Bedroom $142,263 $460 3.88%
Ipoh avg. Rental Yields 5.86%
SHAH ALAM - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Shah Alam (all locations)
Studio $65,660 $263 4.80%
1-Bedroom $83,169 $295 4.26%
2-Bedroom $88,641 $394 5.33%
3-Bedroom $90,830 $405 5.35%
4+Bedroom $126,942 $591 5.59%
Shah Alam avg. Rental Yields 5.07%
SUBANG JAYA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Subang Jaya (all locations)
Studio $80,981 $317 4.70%
1-Bedroom $94,113 $328 4.19%
2-Bedroom $98,490 $416 5.07%
3-Bedroom $98,490 $482 5.87%
4+Bedroom $156,008 $525 4.04%
Subang Jaya avg. Rental Yields 4.77%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Get updated rental yields data for 75 countries

Gross rental yields from apartments in Malaysia remain moderate. The Gross Rental yield is the rent the landlord will earn - before taxation, vacancy costs, and other costs - compared to the property´s purchase price. While Malaysian property is often not particularly attractive in terms of return on investment, a stable country is a stable market. Residential property prices in Malaysia showed notable growth over the past 20 years.

We may say that two-bedroom prices in Kuala Lumpur range from USD$93,000 to USD$284,000 and rents range from around USD$361 to USD$875 per month for that sized property. In Kuala Lumpur City Centre (KLCC), it would not be unusual for property prices here to be USD$235.500 (1-bedroom), USD$284,526 (2-bedroom), USD$328,299 (3-bedroom), and USD$618,280 (4+bedroom), with rents of USD$657 (1-bedroom), USD$832 (2-bedroom), USD$1,094 (3-bedroom), and USD$1,751 (4+bedroom). Earning an average rental yield of around 4.41%.

As for other cities and areas in Malaysia, the rental yields are similar or slightly better than in Kuala Lumpur. In Johor Bahru the yields range between 4.15% and 7.28%, Petaling Jaya yields are between 3.74% and 4.88%, Georgetown yields fall between 2.93% to 4.37%, Shah Alam rental returns are 4.26% to 5.59%, Subang Jaya can yield between 4.04% to 5.87%, Iskander Puteri yields fall between 4.11% to 6.19%, and Ipoh can yield you from 3.88% to 8.00%.

Round trip transaction costs are very low for foreigners buying residential property in Malaysia. See our Residential transaction cost analysis for Malaysia.