Penang — Income & Property Data 2022
Official DOSM household income data combined with real new launch property prices
Median Income
RM6,502
/month
Mean Income
RM8,267
/month
CPI Index
139.1
base 2010
New Launches
8
active projects
The median household income in Penang is RM6,502/month (2022). With 8 new launch projects, the median asking price is RM452k, giving a price-to-income ratio of 5.8x.
Income Overview — Penang
Median Income
RM6,502
per month (2022)
Mean Income
RM8,267
per month (2022)
Annual Household Income
RM78,024
median x 12
Price-to-Income Ratio
5.8x
Above affordable threshold
Household Income Trend — Penang
Source: Department of Statistics Malaysia (DOSM)
| Year | Median (RM) | Mean (RM) | Growth % |
|---|---|---|---|
| 2002 | 2,572 | 3,496 | — |
| 2004 | 2,650 | 3,531 | +3.0% |
| 2007 | 2,902 | 4,004 | +9.5% |
| 2009 | 3,200 | 4,407 | +10.3% |
| 2012 | 4,039 | 5,055 | +26.2% |
| 2014 | 4,702 | 5,993 | +16.4% |
| 2016 | 5,409 | 6,771 | +15.0% |
| 2019 | 6,169 | 7,774 | +14.1% |
| 2020 | 5,474 | 6,850 | -11.3% |
| 2022 | 6,502 | 8,267 | +18.8% |
Property Market — Penang 2026
Total Projects
8
Median Price
RM452k
Min Price
RM360k
Max Price
RM789k
Property Types
4
Property Type Breakdown
Latest New Launches in Penang
Mah Sing Group
The Loft @ Southbay, Penang
Batu Maung, Penang
Mah Sing Group
M Zenni @ Batu Maung, Penang
Batu Maung, Penang, Penang
Mah Sing Group
M Zenya
Kepong, Penang
Eco World Development
Eco Sun
Batu Kawan, Penang
Mah Sing Group
Ferringhi Residence 2
Penang
Mah Sing Group
M Aspira
Taman Desa, Penang
Property Affordability in Penang
Based on the median household income of RM6,502/month in Penang, a household can afford a property of up to approximately RM951k (assuming 70% DSR, 35-year loan tenure, 4.5% interest rate, 90% margin, and RM500 existing commitments).
The current price-to-income ratio in Penang is 5.8x. This exceeds the internationally accepted 5x affordability benchmark, indicating that housing costs are a significant burden for median-income households. Dual incomes, government schemes (such as Skim Rumah Pertamaku), or looking at more affordable segments may be necessary.
With a median property price of RM452k and 8 active new launch projects, Penang offers 5 projects within reach of the median household income.
Cost of Living Index — Penang
139.1
CPI Index
The Consumer Price Index (CPI) in Penang is 139.1 as of 2026-03-01 (base year 2010 = 100). This indicates that prices have risen more than 30% since 2010, reflecting significant inflationary pressure on household expenses.
Source: Department of Statistics Malaysia (DOSM)
Frequently Asked Questions
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Data Pendapatan & Hartanah Penang 2022
Pendapatan isi rumah penengah di Penang ialah RM6,502/bulan menurut data DOSM 2022. Pendapatan purata (min) pula ialah RM8,267/bulan, menjadikan pendapatan tahunan isi rumah penengah sebanyak RM78,024.
Dari segi harga hartanah, harga penengah projek baru di Penang ialah RM452k. Nisbah harga-kepada-pendapatan (price-to-income ratio) ialah 5.8x, yang melebihi paras mampu milik antarabangsa 5x. Ini bermakna ramai isi rumah berpendapatan penengah mungkin memerlukan pendapatan berganda atau bantuan kerajaan untuk memiliki rumah.
Penang mempunyai 8 projek baru yang aktif. Gunakan kalkulator mampu beli rumah kami untuk semak kelayakan anda berdasarkan pendapatan sebenar.
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Find Your Next Home in Penang
Browse 8 new launch projects with direct developer pricing. Check if you can afford your dream home.