iProperty.com.my reveals seven high-rise properties in Malaysia which offers the best rental revenue (yield) in proportion to the property’s price in 2019.These residential properties which are located in several states recorded gross rental yields ranging from 5.71% to 11.1%. The list is based on data compiled by iProperty.com.my‘s big data solution, iPropertyIQ.com.
The properties are ranked in ascending order and the rental yield is displayed in terms of percentages (%).
- Le Ren aissance – Bukit Kepayang, Negeri Sembilan
Rental Yield: 11.1%
Built-up size which generated top rental yield: 1,367 – 1,500 sq ft. Median property price for 1,367 – 1,500 sq ft: RM270,000. Median rent in 2019: RM2,500.
- Amber Court – Bentong, Pahang
Rental Yield: 8.8%
Built-up size which generated top rental yield: 1,184 – 1,302 sq ft. Median property price for 1,184 – 1,302 sq ft: RM340,000. Median rent in 2019: RM2,500.
- Larkin Utama (Menara Metro Larkin) – Johor Bahru, Johor
Rental Yield: 8.5%
Built-up size which generated top rental yield: 1,078 – 1,448 sq ft.Median property price for 1,078 – 1,448 sq ft: RM155,000. Median rent in 2019: RM1,100.
Larkin Utama is a mid-range leasehold apartment in Johor Bahru which is still showing strong rental performance. Built in 1999, the apartment is in a strategic location close to the Royal Johor Golf Club, as well as other amenities such as KPJ Puteri Specialist Centre, Larkin Bus Terminal, Merdeka City Park and Danga Bay City Mall; along with educational institutions such as Larkin 2 National School and St Joseph Secondary School. Larkin Utama also stands out in terms of facilities, offering more than what typical apartments offer, such as a tennis court, squash court, gymnasium, swimming pool and sauna, mini-market, children’s playground and a barbeque area. Residents are guaranteed 24-hour security too, with regular guard patrols.
- Berjaya Times Square – Jalan Imbi, Kuala Lumpur
Rental Yield: 6.02%
Built-up size which generated top rental yield: 550 – 678 sq ft. Median property price for 550-678 sq ft: RM578,000. Median rent in 2019: RM2,900.
- PLAZA 393 – Jalan Peel, Cheras
Rental Yield: 6%
Built-up size which generated top rental yield: 718 – 732 sq ft & 902 – 980 sq ft. Median property price for 718 – 732 sq ft & 902 – 980 sq ft: RM 301,500; RM360,000. Median rent in 2019: RM1,500; RM1,800.
- JAZZ Suites @ Vivacity – Kuching, Sarawak
Rental Yield: 5.83%
Built-up size which generated top rental yield: 1,004 – 1076 ft. Median property price for 1,001 – 1,076 ft sq ft: RM535,000. Median rent in 2019: RM2,600.
- The Palladium – Keramat, Kuala Lumpur
Rental Yield: 5.71%
Built-up size which generated top rental yield: 1,141 – 1,238 sq ft. Median property price for 1,141 – 1,238 sq ft: RM420,000. Median rent in 2019: RM2,000.
