Turn your 3–6 bedroom Penang property into stable monthly income — rented room by room as a curated co-living house, fully managed by MyRoom. Co-living is our operating model: shared common areas, screened working professionals, written house rules. You own it, we run it.
Everything we handle for you under the flat monthly management fee.
Mudah, iBilik, Facebook, plus our internal database of 10,000+ FIZ workers. 7–21 day average placement.
Employment verification, salary slip check, physical viewing before any tenant reaches you.
Furniture, common-area layout and room mix advice so the house attracts the right co-living tenant profile.
Written co-living house rules, deposit handling, and a clear escalation ladder for disputes.
Monthly SOP reminders. You get paid, we chase the tenants.
Minor repairs handled directly. Major items pre-approved by you before any spend.
Collection, occupancy, repairs, payout — delivered every month-end.
Flat RM40 room turnover clean between tenancies. No hidden markups.
Co-living is a rental model where several unrelated tenants each rent their own private bedroom in the same property and share the kitchen, living room, laundry and utilities. Each tenant signs their own agreement and pays their own monthly rent — so a 5-bedroom house has five separate income streams instead of one.
In Penang, co-living demand is driven by Bayan Lepas FIZ factory engineers, USM students in Gelugor, and young professionals in George Town who want a furnished room with utilities included and no two-year commitment. Rooms typically let from RM450 to RM1,100 per month depending on area, room size and whether the room has a private bathroom.
MyRoom runs co-living as a managed product: we set the room mix, furnish the shared areas, screen every tenant, publish written house rules, collect rent room by room and send you one consolidated monthly statement — on a flat 15% fee of rent actually collected.
Plain room rental means letting spare bedrooms individually with no coordination between tenants: whoever pays first moves in, common areas are nobody's responsibility, and turnover is high. Co-living is the managed version of the same thing — curated tenant mix, maintained shared spaces, enforced house rules, scheduled cleaning and a single operator accountable for the whole house.
The financial difference shows up in occupancy and renewals rather than headline rent. Rooms let in isolation tend to sit empty between tenants; a managed co-living house keeps a waitlist, re-lets in 7–21 days and holds around 85% portfolio occupancy (January–June 2026).
For MyRoom owners the practical answer is simple: every room rental we manage is operated as co-living. You are not choosing between the two — you are choosing whether the room rental is run properly or not.
Four straightforward steps from first WhatsApp to monthly payouts.
Free WhatsApp walk-through of your property, target rent per room, and expected timeline.
Photos, listing copy, portals, internal database push — usually live within 48 hours.
We shortlist, verify employment, host viewings, and sign the tenancy agreement.
Tenant moves in, rent flows to your account monthly, we handle everything else.
For MyRoom, yes — co-living is how we operate every room rental. Curated tenant fit, shared common spaces, and written house rules turn a room rental into a higher-yield product tenants actually renew.
Yes — if the rooms are enclosed and reasonably furnished. We advise a minimal refresh (paint + basic furniture) and quote you before any work.
You pay zero fee on any vacant room. The 15% is only on rent we actually collect.
Yes — most reporting is done via WhatsApp + monthly PDF. See our overseas landlord service page for the specific workflow.
Get a free rental assessment on WhatsApp. We reply within 2 hours during business hours.
Message us on WhatsAppGet Started
Free property evaluation — no obligation. Instant WhatsApp acknowledgement, human reply typically within 2 business hours (Mon–Sat); full assessments up to 24 hours.
5.0from 7 verified reviews onGoogle29C-3A-17, THE Maritime Suite,
Lebuh Sungai Pinang 5, 11600,
George Town, Penang, Malaysia
MYROOM MANAGEMENT
Registered Malaysia Business (SSM)
Reg No. 202203308511 (SA0590433-H)
Prefer chat? We respond within 24 hours.
What owners say on Google
Read the reviews on Google, not on our own page
We only publish owner stories we can evidence — named video testimonials and full case studies with figures. Everything else lives on our Google Business Profile, where the reviewer, date and wording are verifiable.
Open MyRoom on Google