Penang Property Calculator
What new property can I afford in Penang?
Start from a monthly payment you're comfortable with, or check a price you have in mind. We'll show your loan, monthly instalment — and which new launches fit.
Are you Malaysian?
How will you buy?
Start from
Type an amount, or drag the bar.
Downpayment
Most Penang new launches offer zero downpayment — the developer covers it. Ask us which ones do.
Banks usually lend up to age 70 — the longest you can borrow for is 35 years.
Type a number, or drag the bar. The longest bank tenure in Malaysia is 35 years.
Type a number, or drag the bar. Most Malaysian home loans are around 3.5%–4.5% today.
Housing loans you already have
Banks usually lend up to 90% — 10% downpayment.
Which part of Penang?
Minimum bedrooms
You could look at homes around
RM807,000
Monthly instalment RM3,002
- Loan amount
- RM726,300
- Loan tenure
- 35 years
- Total interest (est.)
- RM534,400
- Downpayment
- RM0
- Cash needed upfront
- RM0
You need no cash upfront — the developer covers the downpayment. Your monthly payment is what sets this budget.
Estimates only. Actual approval depends on each bank's check of your income and commitments.
8 new launches to look at
Lightwater Residences
The Light Waterfront, Penang Island
The Anton
Jalan Biggs, off Cantonment Road, Pulau Tikus
Waterstone
Tanjung Bungah, Penang
Lumina Residence
Pykett Road, near Gurney, Penang
Cantonment Residence
Cantonment Road, Penang Island
The Fount
The Sanctuary, Batu Uban, Penang Island
Andabreeze Residences
Bandar Cassia, Batu Kawan, Penang Mainland
The Andaman Island
The Andaman, Seri Tanjung Pinang (Tanjung Tokong), Penang Island