Is it profitable to do Airbnb in George Town, Malaysia?

What is the occupancy rate of Airbnb in George Town, Malaysia?

What is the average daily rate of Airbnb in George Town, Malaysia?

Malaysia / George Town

George Town, Airbnb Market Statistics & Data, Malaysia

A typical short-term rental listing in George Town is booked for 223 nights a year, with a median occupancy rate of 61% and an average daily rate of MYR251. In 2023, a typical host income (annual revenue) was MYR57K. As of 12th September, 2024, there are 1,822 active Airbnb listings.

Average Revenue: MYR57K/yr
Occupancy Rate
61%
Avg Daily Rate
MYR251
Budget
No. of Listings
2,140
Medium
YoY Revenue Change
1.95%
Best Month
December
Regulation
Lenient
Learn More >
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
MYR3,865
Average
MYR4,913
High
MYR6,403



Is Airbnb Profitable in George Town?

Yes, there is good short-term rental demand. A 61% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.

Starting an Airbnb in George Town

Short-term rental regulation is lenient in George Town. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
We made a guide on things you need to know before starting an Airbnb in Malaysia, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in George Town
A typical listing recorded a 61% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 32.66% of the guests are international guests, and visitors from Malaysia is the largest group. Learn more about guest origin!.

You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 61%
1,822 Active Listings
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Explore George Town's Airbnb Data
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Best Areas in George Town for Airbnb
Are you wondering where to invest in George Town? Look no further!
Top demand Airbnb in George Town
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 1,822 listings.
listing_image
Entire home & 4 Bed
⭐5.0 (52)
Designer Guesthouse Pulau Tikus & Gurney Drive, PG
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
MYR1,035
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (27)
99 Kelawei Luxury 3BR w/Bathtub by Raymond Homes#B
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
MYR228
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (16)
SkyPool 2Br 9pax Premium Suites @Beacon @PG
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
MYR327
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (66)
Georgetown Beacon Executive Suites #Infinity Pool
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
MYR247
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (4)
2BR 8 pax (209)@ Georgetown
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
MYR508
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (21)
(New) Balinese 2BR Homestay@Rooftop Pool巴厘二房民宿
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
MYR247
Daily Rate
View Listing
See 1,822 listing Statistics
Professional Short-term rental property managers in George Town
We've compiled a list of host profiles that manage the most Airbnb properties in George Town. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
NameListingsRatingRevenue
Steven604.6$1,23,234
Oon504.1$1,23,234
Kenny444.9$1,23,234
Airlevate204.8$1,23,234
Wai Loon142.2$1,23,234
Other short-term rental market data in George Town
Here is a breakdown of short-let properties in George Town. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
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