Wiki Labs AI
Zones / Penang

Butterworth and Perai

Mixed tenants asking data · collected 2026-08-26 · refreshed weekly

A three-bedroom here rents for RM 1,500 a month and is typically taken within 36 days. That means the rent alone covers the entire bank installment, with 17% to spare. You top up RM 498 in cash monthly, but RM 292 of the installment becomes your own equity, so holding this asset really costs you about RM 206 a month.

1,500 RM/mo Median 3BR asking rent n=344 · 2026-08-26
1.45 RM psf Rent per sq ft n=535
331 RM psf Sale asking psf n=542
117 % Rent covers installment at 90% margin, 4.3%, 35y
36 days Median time listed n=362 · floor, see below
52 /100 Tenant demand from market behaviour
Cash truth

What this zone actually pays you

The median three-bedroom here asks RM 1,500 a month and, at the zone's asking psf, costs about RM 310,205 for 938 sq ft. Financed the way most Malaysian buyers finance, this is the arithmetic:

Deal calculator · pre-loaded with this zone's medians before income tax
Price
Monthly rent
Loan margin
Interest rate
Tenure
Cash out of pocket monthly
Becomes your equity (year-1 principal)
True monthly cost
Bank installment
Rent covers installment
Gross yield
Net yield, after running costs
Cash needed upfront
Cash-on-cash return
If rates rise 1%
If rates rise 2%

The equity line is real but locked: it is loan principal your tenant's rent repays, realised only when you sell or refinance, and it assumes the value holds. The cash line is what leaves your bank account now. Both are the truth; neither is the whole truth alone.

Running costs assume RM0.33 psf maintenance, one month's vacancy and one month's agent fee per year, 5% repairs, plus quit rent, assessment and insurance. Full itemisation in the methodology. Rental income is taxable at your marginal rate, so a positive figure here is better than reality.

Tenant demand · 52 / 100

Measured from the market, not the map

How fast units rent 48 / 100
typical listing is taken in 36 days · n=362
How hard the rent works 57 / 100
rent earns 5.28% a year of the purchase price

Days on market is a floor, not an exact figure: the source portal expires listings at about 60 days, so a very slow market and a moderately slow one can look the same. Points of interest below are context only; they do not feed this score.

Asking rent by layout

What each bedroom count rents for

1 bedroom RM 1,400n=34
2 bedroom RM 1,500n=78
3 bedroom RM 1,500n=344
4 bedroom RM 1,600n=66
5 bedroom insufficient sample (n=3)
Where the numbers come from

Two portals, weighted honestly

SourceSampledAdvertisedRent psfSale psf
mudah 824 4,753 1.38 322
propertyguru 334 2,460 1.82 352

81 units were advertised on both portals and counted once. Headline figures weight each listing by its portal's reachable inventory, so the median reflects the market rather than how many pages we fetched. The portals disagree here: PropertyGuru's rent psf runs 32% above Mudah's. That gap is a real feature of this zone's market, not an error; the two carry different segments.

Repost collapsing reduced 533 rental listings to 362. Without it the 3BR median would read RM 1,500 instead of RM 1,425. Treat that spread as the uncertainty band on the rent figures above.

Area context · measured from Butterworth town centre

What surrounds it

Background only. None of this feeds the demand score.

Industrial sites + offices, 5 km43 + 160
Campuses + international schools, 5 km7 + 0
Hospitals, 5 km3
Malls + F&B, 2 km0 + 39
Nearest transit station 7 min walk

OpenStreetMap coverage is uneven in Malaysia; malls in particular are often untagged. Raw counts shown so the gaps stay visible.

Blocks · top 15 by rental supply

Where the listings cluster

BlockFor rentFor saleRent psfDays listed
Meritus Residensi 19 19 2.01 41
Pinang Laguna 17 25 1.38 50
Luminari @ Harbour Place 16 12 1.89 39
The Signature (Perai) 15 9 1.51 51
Wellesley Residences 14 9 1.91 23
Rubica @ Harbour Place 13 2 2.40 53
Taman Pelangi (Perai) 11 3 1.50 28
GEM Residences 10 4 2.76 37
Woodsbury Suites 10 12 1.99 21
Laguna Indah 7 9
Pangsapuri Desa Sri Jaya 6 2
Pangsapuri Perai Utama 6 10
The Park @ Mak Mandin 6 6
Ocean View Residences @ Harbour Place 6 5
Nautical Bay 6 2

182 rental and 101 sale listings carry no building identity and count toward the zone medians but not toward any block row. Supply pressure per block is not assessed until we hold verified unit counts.

Before you act on any of this These are asking figures. Transactions typically close 5 to 15% below asking. If a number here would change a decision, ask a human to verify it first. No sales script, no obligation.