Bayan Baru — Household Income Data 2024

Parliamentary constituency P.052, Penang

Median: RM8,727/moMean: RM10,080/moPenang

Quick Answer: The median household income in Bayan Baru (P.052) is RM8,727 per month (2024). Based on this income, a household here can afford a property up to approximately RM1.3 mil, assuming a 35-year loan at 4.5% interest, 10% down payment, and 70% debt service ratio (after RM500 for other commitments).

Income Overview

Median Income

RM8,727

per month

Mean Income

RM10,080

per month

Max Affordable Property

RM1.3 mil

estimated

Income Trend

YearMedian (RM)Mean (RM)Growth %
20196,9819,040
20227,8149,996+11.9%
20248,72710,080+11.7%

Source: Department of Statistics Malaysia (DOSM)

Comparison to Averages

Penang State Average (Median)

RM7,224/mo

+20.8% above

National Average (Median)

RM6,087/mo

+43.4% above

Nearby Constituencies in Penang

New Launches in Penang

Can You Afford a House?

Check if you can afford a house in Penang on Bayan Baru's median income of RM8,727/month.

Check Affordability

Frequently Asked Questions

What is the average income in Bayan Baru?

The median household income in Bayan Baru (P.052) is RM8,727 per month as of 2024. The mean income is RM10,080 per month. This constituency is located in Penang.

Berapa pendapatan purata di Bayan Baru?

Pendapatan penengah isi rumah di Bayan Baru (P.052) ialah RM8,727 sebulan (2024). Pendapatan purata ialah RM10,080 sebulan.

Can Bayan Baru residents afford a house?

Based on the median income of RM8,727/month, residents of Bayan Baru can afford properties up to approximately RM1.3 mil. This assumes a 35-year loan at 4.5% interest with 10% down payment and 70% debt service ratio.

What is Bayan Baru (parliament constituency)?

Bayan Baru is a parliamentary constituency (P.052) in Penang, Malaysia. It is one of 222 parliamentary constituencies in the country.

Data Pendapatan Parlimen Bayan Baru 2024

Kawasan parlimen Bayan Baru (P.052) terletak di negeri Penang. Pendapatan penengah isi rumah di kawasan ini ialah RM8,727 sebulan manakala pendapatan purata ialah RM10,080 sebulan berdasarkan data 2024 daripada Jabatan Perangkaan Malaysia (DOSM).

Berdasarkan pendapatan penengah ini, isi rumah di Bayan Baru mampu membeli hartanah sehingga kira-kira RM1.3 mil dengan pinjaman 35 tahun pada kadar faedah 4.5% dan bayaran muka 10%. Data ini penting untuk memahami kemampuan pembelian rumah di kawasan parlimen Bayan Baru, Penang.