Data · Updated July 2026
Penang Property Price Index 2026
Condo price-per-square-foot (PSF) ranges and gross rental yields for every major Penang area, benchmarked against NAPIC / JPPH transaction data. Free to cite and embed — just keep the attribution.
| Area | Island / Mainland | Condo PSF (RM) | NAPIC median PSF | Gross yield |
|---|---|---|---|---|
| Gurney Drive | Island | 750–1800 | 980 | 3.8% |
| Tanjung Tokong | Island | 650–1400 | 589 | 4.2% |
| Jesselton Heights | Island | 700–1100 | — | 3.5% |
| Tanjung Bungah | Island | 450–950 | 510 | 4.5% |
| Mount Erskine | Island | 332–897 | — | 4.2% |
| Bayan Mutiara | Island | 611–883 | — | 4% |
| Bayan Lepas | Island | 400–750 | — | 5.2% |
| Batu Ferringhi | Island | 329–672 | 425 | 4% |
| Gelugor | Island | 350–650 | — | 5% |
| Batu Kawan | Mainland | 300–580 | — | 4.8% |
| Batu Maung | Island | 350–550 | — | 5% |
| Bukit Mertajam | Mainland | 260–520 | 320 | 5% |
| Sungai Nibong | Island | 320–520 | — | 5% |
| Sungai Ara | Island | 333–508 | — | 4% |
| Jelutong | Island | 300–500 | — | 5.5% |
| Butterworth | Mainland | 220–480 | 305 | 5.5% |
| Teluk Kumbar | Island | 250–420 | — | 4% |
| Pulau Tikus | Island | — | 357 | 4% |
| Georgetown | Island | — | — | 4% |
Methodology & sources: Condo PSF ranges reflect current asking/transaction levels tracked across our project database. NAPIC median PSF is the trailing-12-month locality median for all residential transactions, per NAPIC / JPPH and aggregated transaction data (Brickz). Yields are gross (annual rent ÷ price). Figures are indicative and area-level, not unit-level — confirm any specific building with Zac.
Cite this index
Writing about Penang property? You're welcome to quote these figures — please credit:
Penang Property Price Index 2026, Penang Property (Zac Ong, REN 64593) — https://www.penangproperty.com.my/penang-price-index/Add this calculator to your site — free
Copy the code, paste it into any web page or blog. No coding needed.
<iframe src="https://www.penangproperty.com.my/embed/affordability/" width="100%" height="620" style="border:1px solid #e5e7eb;border-radius:12px;max-width:520px" loading="lazy" title="Penang Affordability Calculator"></iframe> <p style="font:13px/1.4 system-ui,sans-serif;color:#555;margin-top:6px">Powered by <a href="https://www.penangproperty.com.my/affordability/" target="_blank" rel="noopener">Penang Affordability Calculator — Penang Property</a></p>
Works on WordPress, Wix, Squarespace, Blogger, or any site that accepts HTML. Keep the attribution line so readers know where it's from.