Different type of properties will bring different type of income. Some is good in capital appreciation while some is good in rental rate.
Hence, it is important to know the average rental per square feet for different type of properties before the investors decide to buy which type of properties.
The following is the average rental per square feet for different types of properties in Penang, Malayisa.
|No.||Properties Type||Class||Location||Average Rental per s.f.||Last Updated|
|1.||Office||Luxuries||Penang||RM2.50 - RM3.50||1 June 2010|
|2.||Office||First Class||Penang||RM2.20 - RM2.70||1 June 2010|
|3.||Office||Second Class||Penang||RM1.50 - RM2.00||1 June 2010|
|4.||Retail Shop||First Class Mall||Penang||RM13.00-RM35.00||1 June 2010|
|5.||Retail Shop||Second Class Mall||Penang||RM5.00 - RM15.00||1 June 2010|
|6.||Flat||Normal||Penang||RM0.50 - RM0.80||1 June 2010|
|7.||Condominium||Normal||Penang||RM0.80 - RM1.10||1 June 2010|
Based on the table, the investor can know that retail shop in shopping mall tends to have better average rental per square feet. Hence, when the investors try to compare different type of properties to invest, he can use average rental as one of the criteria to make decision.