How does MyRoom charge owners?

MyRoom charges a flat 15% monthly management fee on rent actually collected — no fee if the room is empty. Cleaning between tenancies is a flat RM40 per session. No hidden charges, no markups.

What happens if a room is vacant — do I still pay?

No. MyRoom's 15% fee applies only to rent actually collected, so a vacant room means zero management fee for that room that month. We immediately relist across our tenant database and multi-channel listings, and average refill in Penang is 7–21 days.

Who pays for utilities — owner or tenant?

Tenants pay for their own room electricity and water usage through individual meters or capped utility clauses in the tenancy agreement. The owner covers common-area utilities and any landlord obligations stated in the agreement. We mediate any disputes and include utility recovery in the monthly statement.

How much does room rental management cost in Penang?

In Penang, full-service room rental management typically costs 8–20% of monthly rent, plus setup or placement fees. MyRoom charges a flat 15% of rent collected — no placement fee, no setup fee, no fee if the room is empty. Cleaning between tenancies is a flat RM40. That is the complete cost for a 3-bedroom co-living unit in Bayan Lepas or George Town.

Who handles tenant problems and late-night WhatsApps?

MyRoom handles all tenant communication — including complaints, late-night messages, and disputes — so owners never have to. Our operations team responds during working hours and has an emergency escalation path for genuine urgent issues like water leaks or lockouts.

What happens if a tenant stops paying rent — who chases them?

MyRoom does — the owner is never involved in the chase. Day 1 late: automated WhatsApp and SMS reminder. Day 3: a MyRoom operations officer calls the tenant directly and logs the reason. Day 7: formal written notice under the tenancy agreement and the 1-month security deposit begins to offset the shortfall. Day 14: we serve a Notice to Quit and start marketing the room in parallel so refill can begin the moment the tenant vacates — average refill is 7–21 days. The owner receives a written incident log inside the monthly statement and pays zero management fee on any rent we did not collect. Across 200+ managed rooms (January–June 2026), fewer than 3% of tenancies escalated past Day 7.

How are cleaning and maintenance handled?

We arrange RM40 professional cleaning between every tenancy changeover. For maintenance, we handle minor repairs directly up to RM150. Anything above that is quoted and approved by the owner before work begins. All costs and photos are logged in your monthly statement.

How fast can MyRoom fill rooms in Penang?

Average placement is 7–21 days. Bayan Lepas and Gelugor rooms typically fill in 7–14 days thanks to steady demand from FTZ factory workers, Intel and Motorola staff, and tech professionals. MyRoom's internal tenant waitlist plus multi-channel listing hit 100% occupancy in 21 days on a 7-room condo (The View, Q1 2026).

What is room rental management in Penang?

Room rental management — also called co-living Penang management — is a full-service system where a property manager converts your unit into individually rented rooms, handles all tenant sourcing and screening, collects rent, manages maintenance, and sends you a monthly owner statement. In Penang, demand is especially strong near industrial zones like Bayan Lepas because factory staff and professionals look for room-by-room living year-round.

Is room rental more profitable than whole-unit rental in Penang?

Yes — in most cases significantly so. A 3-bedroom Bayan Lepas condo that rents for RM1,800 whole-unit typically earns RM2,700–RM3,200 as room-by-room. Even after the 15% management fee and RM40 cleaning, owners net 30–60% more monthly and carry lower vacancy risk — one empty room does not zero out the entire unit's income.

Do I need to renovate before renting room-by-room?

Not always — a well-furnished 3-bed condo can go live as-is. But light renovation (partition walls for privacy, individual room locks, better lighting and air-con) usually lifts rental by 15–30% and pays back in 6–12 months. MyReno, MyRoom's sister brand, handles this as a bundled Reno + Rent + Manage handover with coordinated pricing.

Which properties and areas does MyRoom cover?

Condos, apartments, and landed homes with 3 or more bedrooms work best — ideally within 15 minutes of an industrial or commercial zone and configurable with private or semi-private bathrooms. Coverage spans Penang Island (Bayan Lepas, Gelugor, Jelutong, George Town, Pulau Tikus, Gurney) plus selected Seberang Perai areas like Batu Kawan. We assess every unit before onboarding.

Established 2022 · SSM Registered

About MyRoom Management

Penang's dedicated room rental and co-living management specialists. We turn under-earning units into stable monthly income — hands-off for the owner.

50+

Units managed (Q2 2026)

200+

Rooms under management

Penang areas served

Our mission

MyRoom exists so Penang property owners can earn 40–70% more from their units without the daily headache of tenant WhatsApps, cleaning schedules, or rent-chasing. We do one thing exceptionally well: room-by-room rental management for the Penang market — from Bayan Lepas factory-worker corridors to George Town professional zones.

How we started

Founded in 2022 by Tan Li Ming, MyRoom began with a single co-living unit in Bayan Lepas. Today it manages 200+ rooms across 50+ units in Penang — 85% average portfolio occupancy (January–June 2026) — as part of a full ecosystem including MyReno (renovation) and MyLoft (whole-unit rental).

Timeline

2022
Founded
MyRoom launches in Penang with the first co-living unit in Bayan Lepas.
2022
SSM Registered
MYROOM MANAGEMENT (202203308511) formally incorporated in Malaysia.
2023
Ecosystem
MyReno (renovation) and MyLoft (whole-unit rental) join the group.
2026
Today
200+ rooms managed across 50+ Penang properties (island + mainland).

Founder

Meet the Person Behind MyRoom

You're not hiring a platform. You're hiring a team led by someone who's been doing this since 2016.

Tan Li Ming

Founder & Managing Director, MyRoom Management

Since 2022MyRoom founder200+rooms managedWarwick-trained engineer

"I started MyRoom because I kept meeting Penang owners who were quietly losing money on empty rooms — and getting nothing but silence from their agents. We built the system I wished existed when I bought my first unit in Bayan Lepas."

— Tan Li Ming, Founder · with co-founder Harry Ooi

Founder, MyRoom ManagementBased in PenangCivil Eng, University of Warwick

WhatsApp Li Ming directly tanliming.com.my →

Meet The Team

Real People. Real Operations.

A dedicated, full-time team operating from our George Town office — handling tenant placement, rent collection and maintenance for 200+ rooms managed across Penang.

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MyRoom Management

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