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    The Owner Problem · 6 pains

    Why Most Penang Owners Earn Less Than They Should

    Renting out a Penang condo, apartment or landed home looks simple on paper. In reality, most owners run into the same six problems below — and they quietly cost thousands of ringgit every year.

    Below-market rental income

    Whole-unit rent in Penang barely covers maintenance and loan repayments — and never reflects what the property could actually earn.

    Owners typically leave RM800–RM1,500/month on the table

    Empty units for months

    One tenant moves out and the whole unit sits vacant. Every empty month is rental income you can never recover.

    1 empty month on a RM1,800 unit = RM1,800 lost forever

    Tenant headaches & late-night calls

    Disputes, late payments, broken locks, complaints — and it all lands on the owner's phone, usually after working hours.

    Most landlords report 3–6 tenant calls per month

    Endless coordination

    Cleaners, plumbers, aircon technicians, agents — chasing quotes and arranging access on weekends is a second job.

    5–10 hours/month of unpaid landlord admin

    Agents who disappear after the deal

    Standard agents collect placement commission, then vanish. Tenant problems, renewals and turnover become the owner's problem again.

    Typical agent fee: 1 month rent, then zero support

    No clear monthly statements

    Owners often don't know what they actually earned, what was deducted, or where rental went — until tax season.

    Tax season surprises: missing receipts, unclear deductions

    MyRoom was built to solve all six — room-by-room rental, fully managed, for a flat 15% on collected rent.

    What's your goal?

    Pick your rental model — we'll route you to the right team

    Same group, four specialised brands — each owning one goal. Pick your lane and we'll hand you to the right team.

    Recommended

    Room-by-Room Rental

    By MyRoom

    Higher yield, room-by-room (co-living model)

    +RM800–1,500 /mo
    • 40–70% more monthly income vs whole-unit
    • Best for 3+ bedroom condos
    • Co-living is the operating model — same MyRoom service
    See How Management Works

    Whole-Unit Long-Term

    By MyLoft

    One tenant, one family, 12–24 month lease

    12–24 mo tenancy
    • Long-term, low-touch tenancy
    • Best for landed & premium condos
    • Handled by our sister brand MyLoft
    Visit MyLoft

    Short-Stay / Airbnb

    By MyBnB

    Nightly bookings, hotel-grade turnovers

    Nightly ADR
    • Best for tourist-zone & sea-view units
    • Dynamic pricing + guest vetting
    • Handled by our sister brand MyBnB
    Visit MyBnB

    Renovation & Furnishing

    By MyReno

    Rental-ready refits before we manage

    30–45 day refit
    • Partition, furnishing, rental-yield refits
    • Bundled Reno → Rent → Manage handover
    • Handled by our sister brand MyReno
    Visit MyReno

    Note: Co-living is the operating model behind MyRoom room-by-room rental — not a separate service. Whole-unit, short-stay and renovation each belong to a dedicated sister brand so every goal gets specialist owners.

    Three steps. You own. We run.

    01

    Assess & Set Up

    Free property assessment, room layout plan, and rental estimate — all on WhatsApp.

    Day 1 → free plan in your inbox

    02

    List & Place Tenants

    Photography, marketing, screening and signed agreements — across 6+ portals.

    Day 7–21 → rooms filled

    03

    Manage & Pay You

    Rent collection, utilities, repairs and a monthly statement to your bank.

    Every month → net payout

    Ready to see the same three steps run on your property? See what property management in Penang covers.

    See How Management Works
    Watch the proof · Four Penang property cases, available in English and Mandarin

    Real Penang properties, filmed before and after we ran them

    Every video below is a unit MyReno renovated and MyRoom manages today — with the owner's actual monthly numbers on screen. Available in English and Mandarin.

    The View Condominium, Batu Uban, Gelugor: an empty condo renovated into 7 co-living rooms and managed to RM3,526/month net owner payout.

    Read the full breakdown

    Videos load only when you press play — nothing is sent to YouTube before that.

    Real Owners, Real Results

    Hear from MyRoom owners

    “我最满意的就是你们一直有keep我update... 对我这种不是在槟城的owner来讲非常方便。”

    “What I’m most satisfied with is that you always keep me updated… for an owner like me who isn’t in Penang, it’s very convenient.”

    Mr. Yong, MyRoom Co-Living Owner

    Especially built for owners who aren't based in Penang.

    Monthly

    Owner Reports

    100%

    Hands-Off

    18+ mo

    Under Management

    ROI Booster

    Whole-Unit vs. Room-by-Room

    See how the same Penang property earns more when rented room by room with MyRoom co-living management — after our flat 15% fee.

    Traditional

    Whole Unit

    3 Rooms, 2 Bathrooms · Condominium

    Reference Rent
    RM 1,300
    Unfurnished
    RM 1,800
    Fully Furnished (benchmark for comparison)
    Monthly rent to ownerRM 1,800
    Total collected / yearRM 21,600
    + RM 877 Net*
    more income / month

    We Rent Out Room by Room With Co-Living

    "ROI Booster"

    5 Rooms (3 + 2 partition)

    Rental Fees
    Bedroom 1RM 800
    Bedroom 2RM 700
    Bedroom 3RM 600
    Bedroom 4 (partition)RM 550
    Bedroom 5 (partition)RM 500
    Gross monthly totalRM 3,150
    MyRoom fee (15%)RM 473
    Estimated owner net / monthRM 2,677

    +RM 877 extra net income / month

    ≈ +48.7% vs whole-unit rental · RM 10,524 more per year

    Estimate My Rental Income

    *Net uplift = room-by-room gross minus MyRoom's flat 15% management fee, compared against the whole-unit furnished rent shown. Whole-unit figure assumes no ongoing management fee. Actual returns depend on location, condition and occupancy. Indicative based on real Penang units managed by MyRoom.

    Harga pengurusan sewa bilik di Pulau Pinang — yuran tetap 15% sebulan.

    Same 15% Fee · Pick the Level of Involvement

    Which Package Fits Your Unit?

    The fee is the same across all three. The difference is how much of the property we take off your plate — and where your unit starts.

    Tenant Placement

    Rental Package

    Best forHands-on owners who live nearby
    15%
    of collected rent
    Your effort
    Hands-on (you fix things)
    Timeline
    Target fill window 7–21 days*

    For owners who want tenants sourced, screened and paying — but handle repairs themselves.

    • Room marketing across 6+ portals
    • Tenant screening & background checks
    • Lease drafting & e-signing
    • Monthly rent collection
    • Deposit handling & reconciliation
    • Move-in & move-out inspection
    • Repairs & tenant issues stay with you
    Get a Free Rental Assessment
    Most Popular
    Most Popular

    Full Management

    Best forOverseas / busy owners with a furnished unit
    15%
    of collected rent
    Zero landlord effort
    Your effort
    Zero landlord work
    Timeline
    Onboarded in 5–7 days

    Truly hands-off. We run the whole property so you just check your bank at month-end.

    • Everything in Rental Package
    • 24/7 tenant support hotline
    • Maintenance & repairs coordination
    • Vendor sourcing & quality control
    • Monthly income & occupancy report
    • Utility, WiFi & cleaner management
    • Tenant renewal & retention
    Get a Free Rental Assessment
    Turnkey Bundle

    Reno + Manage

    Best forOwners with a bare / vacant unit
    15%
    of collected rent + renovation from RM15,000
    Your effort
    One vendor, one contract
    Timeline
    Rent-ready in 30–45 days

    Empty unit? We renovate, furnish and rent it — one team, one timeline, one number to call.

    • Full renovation via MyReno from RM15,000 (30–45 days)
    • Furniture, appliances & fit-out included
    • Rent-ready photography & listing
    • Everything in Full Management
    • Single point-of-contact throughout
    • Higher room rates on renovated stock
    See renovation packages

    Delivered with our sister brand MyReno

    *7–21 days is our target tenant-placement window, not a guarantee. Timing varies by property, asking rent, condition and tenant demand.

    Owner Protection Guarantee

    Zero Collection = Zero Fee.

    We only earn when you earn. No setup fee. No placement fee. Flexible standard management terms (renovation-funded or specialised arrangements may have separate agreed terms).

    See full pricing details
    30-Second Request

    Prefer not to chat yet? Get a quote in 3 fields.

    Instant WhatsApp acknowledgement, human reply typically within two business hours (Mon–Sat). Full assessments may take up to 24 hours.

    No spam Private 2-hour typical reply

    Your details are sent securely to our team — never in a web address.

    Prefer not to WhatsApp? Send us your details

    Instant WhatsApp acknowledgement. A team member typically replies within two business hours, Monday–Saturday. Full property assessments may take up to 24 hours. Or email myroommalaysia@gmail.com

    Free Penang Property Calculator

    Could your property earn more room by room?

    Compare estimated whole-unit rent with room-by-room rental — including vacancy, management, cleaning, utilities and maintenance.

    Founder

    Meet the Person Behind MyRoom

    You're not hiring a platform. You're hiring a team led by someone who's been doing this since 2016.

    Tan Li Ming — Founder & Managing Director of MyRoom Management, Penang

    Tan Li Ming

    Founder & Managing Director, MyRoom Management

    Since 2022MyRoom founder200+rooms managedWarwick-trained engineer
    "I started MyRoom because I kept meeting Penang owners who were quietly losing money on empty rooms — and getting nothing but silence from their agents. We built the system I wished existed when I bought my first unit in Bayan Lepas."
    — Tan Li Ming, Founder · with co-founder Harry Ooi
    Founder, MyRoom ManagementBased in PenangCivil Eng, University of Warwick

    Meet The Team

    Real People. Real Operations.

    A dedicated, full-time team operating from our George Town office — handling tenant placement, rent collection and maintenance for 200+ rooms managed across Penang.

    MyRoom Penang property management team working in the George Town HQ office handling room rental operations for owners across Bayan Lepas, Gelugor and Batu Maung

    Our Penang HQ

    Operations team at the office

    MyRoom Penang full-time property management staff during a team lunch in George Town — the people sourcing tenants, collecting rent and managing co-living units for Penang property owners

    One Team

    Tight-knit, full-time staff

    MyRoom Penang co-living management team celebrating with families — local Penang property managers behind every room rental and monthly owner payout

    Built On Trust

    Like family — for owners & tenants

    Since 2022

    SSM Registered

    200+

    Rooms Managed

    50+

    Penang Properties

    Full-Time

    In-House Team

    Registered Malaysia Business (SSM)

    MYROOM MANAGEMENT · Reg No. 202203308511 (SA0590433-H)

    Four verified owner journeys

    Two paths, same result — rent-only (vacant unit → filled rooms) and renovate + rent + manage (tired unit → cash-flow ready). Every figure below comes from a monthly owner statement.

    Semi-D Owner · Bayan Lepas (name withheld)

    Verified
    MyRoom Penang before and after room transformation at Jalan Sungai Ara Semi-D, Bayan Lepas — vacant unit converted to 6 co-living rooms generating RM 4,150 per month
    BeforeVacant · 12 monthsAfter
    RM 4,150/ mo
    6 rooms filled

    Property Details

    • Jalan Sungai Ara, Bayan Lepas
    • Semi-D Landed Unit
    • 6 Rooms (Original Layout — No Partition)
    • Previously: Vacant ~12 months

    Results With MyRoom

    Annualised Revenue

    RM 49,800

    Rooms Managed

    6

    Reno Cost to Owner

    RM 0

    "My house sat empty for almost a year. After handing it to MyRoom, I now collect RM 4,150 every month — without lifting a finger."

    Landed Owner · Batu Maung (name withheld)

    Verified
    MyReno and MyRoom Penang before and after room transformation at Batu Maung landed unit — renovated by MyReno then managed by MyRoom co-living, generating RM 4,450 per month across 5 rooms
    BeforeVacant · pre-renoAfter
    RM 4,450/ mo
    5 rooms filled

    Property Details

    • Batu Maung, Penang
    • Landed Unit (5 Bed / 5 Bath)
    • Renovated by MyReno Penang
    • 5 Rooms Managed by MyRoom
    • Previously: Vacant

    Results With MyRoom

    Annualised Revenue

    RM 53,400

    Rooms Managed

    5

    Reno + Manage

    2-in-1

    "I didn't want the hassle of finding contractors and then finding tenants separately. MyReno handled the renovation, MyRoom filled the rooms — now I collect RM 4,450 every month without dealing with anyone."

    Condo Owner · Bayan Lepas (name withheld)

    Verified
    MyReno and MyRoom Penang before and after room transformation at Imperial Grande condo, Bayan Lepas — renovated by MyReno then managed by MyRoom co-living, generating RM 2,750 per month across 4 rooms
    BeforeVacant · pre-renoAfter
    RM 2,750/ mo
    4 rooms filled

    Property Details

    • Imperial Grande, Bayan Lepas
    • Condominium Unit (4 Bed / 2 Bath)
    • Renovated by MyReno Penang
    • 4 Rooms Managed by MyRoom
    • Previously: Vacant

    Results With MyRoom

    Annualised Revenue

    RM 33,000

    Rooms Managed

    4

    Reno + Manage

    2-in-1

    "My condo was sitting empty and earning nothing. MyReno transformed it, MyRoom filled it — now I receive RM 2,750 every month without a single phone call from tenants."

    Verified Owner · Gelugor

    Verified
    Mr Yong and the MyRoom team discussing The View Condominium co-living case study in Gelugor, Penang — 7 rooms generating RM 3,526 per month netVideo2:14
    RM 3,526/ mo net
    6 of 7 rooms
    Watch 2:14 case study

    Property Details

    • The View Condominium, Gelugor
    • Condo Unit
    • Renovated by MyReno Penang
    • 7 Rooms Managed by MyRoom
    • Previously: Vacant ~2 years

    Results With MyRoom

    Annualised Net Profit

    RM 42,312

    Rooms Managed (6 Occupied)

    7

    Reno + Manage

    2-in-1

    85% occupancy across MyRoom's portfolio vs Penang's 70% market average.

    Source: May 2026 verified monthly statement, as featured in our MyReno × MyRoom case study video.

    Read the full renovation + management story

    ← Swipe for more owner stories →

    Results Summary

    50+

    Units Managed

    200+

    Rooms Filled

    RM 2M+

    Rent Collected

    One group. One process. Zero hassle for the owner.

    Ready to see your unit's numbers?

    Get a Free Rental Assessment

    No commitment. Reply typically within 2 business hours (Mon–Sat); full assessment up to 24 hours.

    5.0 · 10 Google reviewsReply within 2 hoursSSM Registered
    Real Case Studies

    Before & After: What 15% Flat Management Delivers.

    Every number below is from a unit currently under MyRoom management. This is what "40–70% more" actually looks like.

    Featured

    The View Condominium

    Gelugor, Penang

    3-bedroom, 2-bathroom · 1,150 sqft

    Before

    RM1,800

    whole-unit / month

    With MyRoom

    RM4,450

    room-by-room gross / month

    +147% more monthly income · +RM2,650/mo

    • Light partition + furnishing refresh
    • Listed and filled in 14 days
    • Fully managed: tenants, rent, cleaning, maintenance
    Setup cost
    RM55,000
    First tenant
    14 days
    Monthly gross
    RM4,450
    Owner net / mo
    RM3,526

    Sunway Tunas Apartment

    Bayan Lepas, Penang

    4-bedroom, 2-bathroom · 1,300 sqft

    Before

    RM1,500

    whole-unit / month

    With MyRoom

    RM2,400

    room-by-room gross / month

    +60% more monthly income · +RM900/mo

    • Re-staged 4 rooms with private locks
    • Filled by FIZ professionals in 9 days
    • Monthly owner statement + RM40 turnover cleaning
    Setup cost
    RM8,500
    First tenant
    9 days
    Monthly gross
    RM2,400
    Owner net / mo
    RM2,040

    Landed Terrace

    Jelutong, Penang

    5-bedroom landed · double-storey

    Before

    RM2,200

    whole-unit / month

    With MyRoom

    RM3,750

    room-by-room gross / month

    +70% more monthly income · +RM1,550/mo

    • Converted living area into 1 extra room
    • Mixed tenant profile (students + working pros)
    • Owner approves any repair > RM150
    Setup cost
    RM14,000
    First tenant
    21 days
    Monthly gross
    RM3,750
    Owner net / mo
    RM3,188

    Before/after figures are gross monthly rent. "Owner net" is after MyRoom's flat 15% fee and routine deductions (utilities buffer, RM40 turnover cleaning, minor maintenance). Payback periods are not published until renovation cost and net uplift are verified on the same basis. Actual results depend on location, layout, condition and market demand.

    Kawasan yang kami uruskan di Pulau Pinang — Bayan Lepas, George Town, Batu Kawan & lain-lain.

    Where We Manage

    Our Penang Service Map

    Explore MyRoom's core service areas and selected coverage zones across Penang. Tap a location to view local rental insights and property-management information.

    Penang Island First · Selected Mainland Enquiries
    PENANG ISLANDSEBERANG PERAISTRAITBayan LepasGelugorGeorge TownJelutongSungai AraRelauBukit JambulTeluk KumbarPulau TikusGurneyTanjung TokongAir ItamBatu Kawan
    Orange · Core Service AreaBlue · Available Subject to Assessment

    8 core zones · 6 selective · Google Maps loads on demand to keep the page fast

    FAQ · 12 answers

    Frequently Asked Questions

    Everything property owners need to know about working with MyRoom.

    Pricing & Fees

    MyRoom charges a flat 15% monthly management fee on rent actually collected from every co-living Penang room — no fee if the room is empty. Cleaning between tenancies is a flat RM40 per session. No hidden charges, no markups.

    No. MyRoom's 15% fee applies only to rent actually collected, so a vacant room means zero management fee for that room that month. We immediately relist across our tenant database and multi-channel listings, and our target refill window in Penang is 7–21 days (a target, not a guarantee). We carry the vacancy risk with you, which is why fast turnaround is our priority.

    Tenants pay for their own room electricity and water usage through individual meters or capped utility clauses in the tenancy agreement. The owner covers common-area utilities and any landlord obligations stated in the agreement. We mediate any disputes and include utility recovery in the monthly statement.

    In Penang, full-service room rental management typically costs 8–20% of monthly rent, plus setup or placement fees. MyRoom charges a flat 15% of rent collected — no placement fee, no setup fee, no fee if the room is empty. Cleaning between tenancies is a flat RM40. That's the complete cost for a 3-bedroom co-living unit in Bayan Lepas or George Town.

    Tenants & Operations

    MyRoom handles all tenant communication — including complaints, late-night messages, and disputes — so owners never have to. Our operations team responds during working hours and has an emergency escalation path for genuine urgent issues like water leaks or lockouts.

    MyRoom does — the owner is never involved in the chase. Day 1 late: automated WhatsApp + SMS reminder. Day 3: a MyRoom operations officer calls the tenant directly and logs the reason. Day 7: formal written notice under the tenancy agreement, and the 1-month security deposit begins to offset the shortfall. Day 14: we serve a Notice to Quit and start marketing the room in parallel so refill can begin the moment the tenant vacates — our target refill window is 7–21 days (a target, not a guarantee). The owner receives a written incident log inside the monthly statement and pays zero management fee on any rent we did not collect. Across 200+ managed rooms (January–June 2026), fewer than 3% of tenancies escalated past Day 7.

    We arrange RM40 professional cleaning between every tenancy changeover. For maintenance, we handle minor repairs directly up to RM150. Anything above that is quoted and approved by the owner before work begins. All costs and photos are logged in your monthly statement.

    Our target tenant-placement window is 7–21 days — a target, not a guarantee; timing varies by property, asking rent, condition and tenant demand. Bayan Lepas and Gelugor rooms usually sit at the faster end thanks to steady demand from FTZ factory workers, Intel/Motorola staff, and tech professionals. Our internal tenant enquiry database plus multi-channel listing (Facebook, iBilik, Mudah) keeps refill fast — we reached 100% occupancy in 21 days on a 7-room condo (The View, Q1 2026).

    Setup, Renovation & Coverage

    Room rental management — also called co-living Penang management — is a full-service system where a property manager converts your unit into individually rented rooms, handles all tenant sourcing and screening, collects rent, manages maintenance, and sends you a monthly owner statement. In Penang, demand is especially strong near industrial zones like Bayan Lepas because factory staff and professionals look for room-by-room living year-round.

    Yes — in most cases significantly so. A 3-bedroom Bayan Lepas condo that rents for RM1,800 whole-unit typically earns RM2,700–RM3,200 as room-by-room. Even after the 15% management fee and RM40 cleaning, owners net 30–60% more monthly and carry lower vacancy risk — one empty room does not zero out the entire unit's income.

    Not always — a well-furnished 3-bed condo can go live as-is. But light renovation (partition walls for privacy, individual room locks, better lighting and air-con) usually lifts rental by 15–30% and pays back in 6–12 months. MyReno, our sister brand, handles this as a bundled Reno + Rent + Manage handover with coordinated pricing.

    Condos, apartments, and landed homes with 3+ bedrooms work best — ideally within 15 minutes of an industrial or commercial zone and configurable with private or semi-private bathrooms. Coverage spans Penang Island (Bayan Lepas, Gelugor, Jelutong, George Town, Pulau Tikus, Gurney) plus selected Seberang Perai areas like Batu Kawan. We assess every unit before onboarding.

    Ready to take the next step?

    Get a Free Rental Assessment
    Limited Renovation Onboarding

    Start earning hands-free rent — without running the property

    Get your custom Penang rent report delivered in 48 hours. To protect service quality, MyRoom accepts up to 5 new renovation-management projects per month. Ordinary management enquiries are not capped.

    Get a Free Rental Assessment
    We typically reply within 2 hours (Mon–Sat)
    View our recent case studies