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    Market Data 5 min read 22 July 2026

    Penang Room Rent Heat-Map: RM/Room by District (2026)

    Where does RM800/room actually work in Penang — and where should you price higher (or lower)? A district-by-district room rent heat-map for 2026.

    Penang Room Rent — District Heat-Map (Q3 2026)


    The single most useful number for a Penang owner considering co-living is: what does an average room actually rent for in my area? Below is MyRoom's district heat-map based on live portfolio data and comparable listings.


    Heat-Map — RM per Room per Month


    BandRM/roomDistricts

    |---|---|---|

    🔥 PremiumRM900–RM1,200George Town heritage/pro condos, Pulau Tikus, Gurney, top-tier Bayan Lepas
    HighRM800–RM1,000Bayan Lepas (FTZ core), Tanjung Tokong, Bayan Baru
    Mid-HighRM700–RM900Gelugor, Batu Uban, Sungai Nibong, Jelutong (newer condos)
    MidRM650–RM800Batu Maung, Relau, Farlim
    ValueRM550–RM750Air Itam, Paya Terubong, older Jelutong stock
    MainlandRM500–RM750Butterworth, Bukit Mertajam, Batu Kawan (varies)

    Prices are for furnished rooms with air-conditioning, private lock, and shared kitchen in reasonable co-living condos.


    How to Read the Heat-Map


    A 3-bedroom Bayan Lepas condo at RM850/room average = RM2,550/month collected. At the 15% MyRoom fee, that's ~RM2,167 net after fees, before minor vacancy and cleaning.


    A 3-bedroom Air Itam condo at RM650/room = RM1,950/month collected, ~RM1,657 net.


    In both cases, the math still typically beats whole-unit rental by 30–60%.


    What Moves a Property Up a Band


  1. Distance to FTZ, USM, hospital, LRT/bus corridorbiggest single factor
  2. Aircond in every roomtable stakes; without it, you drop a band
  3. Private locks + individual utility metering5–10% rent uplift
  4. Renovation qualitya MyReno rent-ready refit typically moves an old unit up half a band

  5. What Drops a Property Down a Band


  6. No air-conditioning
  7. Shared master bathroom
  8. Older cabinetry, poor lighting, tired flooring
  9. Difficult parking or 4th-floor walk-up

  10. Use the Heat-Map, Then Get a Real Number


    District averages are a starting point — actual rent depends on your specific building, floor, view, and renovation state.


    Want a real number for your unit? WhatsApp MyRoom with your address and we'll return a district-benchmarked rent range within 24 hours.


    Related:

  11. [Bayan Lepas Rental Yield Benchmark](/blog/bayan-lepas-rental-yield-benchmark)
  12. [Gelugor Co-Living Demand](/blog/gelugor-coliving-usm-students)
  13. [Penang Q3 2026 Market Report](/blog/penang-room-rental-market-report-q3-2026)
  14. Ready to Increase Your Rental Income?

    Get a free rental assessment from MyRoom — we'll show you exactly how much your Penang property could earn.

    Get Free Assessment