Gross rental yields in Malaysia: Kuala Lumpur and 7 other areas

The average gross rental yield in Malaysia stands at 5.16% (Q1, 2024). Previously, in Q3, 2023 the average gross rental yield stood at the same place, 5.16%.

  • Kuala Lumpur
  • Johor Bahru
  • Petaling Jaya
  • George Town
  • Iskander Puteri
  • Ipoh
  • Shah Alam
  • Subang Jaya
  Last Updated: Feb. 07, 2024
KUALA LUMPUR - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
KLCC  
Studio $142,827 $483 4.06%
1-Bedroom $249,528 $735 3.54%
2-Bedroom $304,558 $945 3.72%
3-Bedroom $367,570 $1,260 4.11%
4+Bedroom $688,931 $1,995 3.48%
Bukit  
Studio $79,815 $347 5.21%
1-Bedroom $97,669 $231 2.84%
2-Bedroom $121,823 $525 5.17%
3-Bedroom $123,504 $441 4.29%
4+Bedroom $147,028 $546 4.46%
Bintang  
Studio $147,028 $630 5.14%
1-Bedroom $189,036 $693 4.40%
2-Bedroom $241,546 $945 4.70%
3-Bedroom $273,052 $1,218 5.35%
4+Bedroom $544,004 $1,470 3.24%
Jalan Ampang      
Studio $73,514 $315 5.14%
1-Bedroom $115,522 $378 3.93%
2-Bedroom $132,325 $441 4.00%
3-Bedroom $90,107 $483 6.43%
4+Bedroom $189,036 $945 6.00%
Jalan Ipoh      
2-Bedroom $100,819 $399 4.75%
3-Bedroom $99,769 $441 5.31%
4+Bedroom $151,229 $483 3.83%
Jalan Sultan Ismail  
Studio $94,518 $420 5.33%
1-Bedroom $231,044 $630 3.27%
2-Bedroom $396,976 $798 2.41%
3-Bedroom $189,036 $735 4.67%
Jalan Kuching  
2-Bedroom $109,221 $368 4.04%
3-Bedroom $109,221 $378 4.15%
4+Bedroom $178,534 $525 3.53%
Kuala Lumpur avg. Rental Yields 4.35%
JOHOR BAHRU - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Skudai  
1-Bedroom $58,811 $357 7.29%
3-Bedroom $62,592 $462 8.86%
4+Bedroom $102,500 $588 6.89%
Tampoi      
Studio $53,716 $285 6.37%
2-Bedroom $72,464 $357 5.91%
3-Bedroom $70,363 $378 6.45%
4+Bedroom $87,797 $420 5.74%
Mount Austin  
2-Bedroom $66,793 $305 5.47%
3-Bedroom $88,217 $420 5.71%
Plentong  
Studio $46,209 $252 6.55%
2-Bedroom $65,112 $336 6.19%
3-Bedroom $73,514 $336 5.49%
4+Bedroom $122,873 $588 5.74%
Permas Jaya  
3-Bedroom $79,815 $378 5.68%
4+Bedroom $86,116 $504 7.02%
Other Areas  
Studio $75,614 $315 5.00%
1-Bedroom $74,354 $378 6.10%
2-Bedroom $102,920 $483 5.63%
3-Bedroom $91,998 $504 6.58%
4+Bedroom $147,028 $735 6.00%
Johor Bahru avg. Rental Yields 6.25%
PETALING JAYA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Petaling Jaya (all locations)  
Studio $69,313 $305 5.27%
1-Bedroom $90,317 $389 5.16%
2-Bedroom $119,723 $525 5.26%
3-Bedroom $98,719 $504 6.13%
4+Bedroom $172,233 $798 5.56%
Petaling Jaya avg. Rental Yields 5.48%
GEORGE TOWN - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
George Town (all locations)  
2-Bedroom $168,032 $441 3.15%
3-Bedroom $142,827 $525 4.41%
4+Bedroom $588,112 $1,470 3.00%
George Town avg. Rental Yields 3.52%
ISKANDER PUTERI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Iskander Puteri (all locations)  
Studio $73,514 $315 5.14%
1-Bedroom $83,782 $336 4.81%
2-Bedroom $98,299 $420 5.13%
3-Bedroom $111,111 $588 6.35%
4+Bedroom $157,530 $798 6.08%
Iskander Puteri avg. Rental Yields 5.50%
IPOH - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Ipoh (all locations)  
2-Bedroom $67,213 $315 5.63%
3-Bedroom $75,194 $336 5.36%
4+Bedroom $115,522 $441 4.58%
Ipoh avg. Rental Yields 5.19%
SHAH ALAM - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Shah Alam (all locations)  
Studio $61,752 $273 5.30%
1-Bedroom $77,715 $294 4.54%
2-Bedroom $88,217 $378 5.14%
3-Bedroom $68,263 $378 6.65%
4+Bedroom $117,622 $462 4.71%
Shah Alam avg. Rental Yields 5.27%
SUBANG JAYA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Subang Jaya (all locations)  
Studio $67,213 $315 5.63%
1-Bedroom $88,217 $336 4.57%
2-Bedroom $101,869 $504 5.94%
3-Bedroom $94,518 $504 6.40%
4+Bedroom $170,132 $840 5.93%
Subang Jaya avg. Rental Yields 5.41%
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 and Propertyguru

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest areas of Malaysia. We used the Propertyguru website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is €500 and the purchase price is €100,000, the calculation would be: €500 (Monthly Rent) x 12 / €100,000 (Purchase Price) = 6% (Gross Rental Yield).