Is it profitable to do Airbnb in Petaling Jaya, Malaysia?
What is the occupancy rate of Airbnb in Petaling Jaya, Malaysia?
What is the average daily rate of Airbnb in Petaling Jaya, Malaysia?
Malaysia / Petaling Jaya
Petaling Jaya, Airbnb Market Statistics & Data, Malaysia
A typical short-term rental listing in Petaling Jaya is booked for 186 nights a year, with a median occupancy rate of 51% and an average daily rate of MYR171. In 2023, a typical host income (annual revenue) was MYR32K. As of 12th September, 2024, there are 2,526 active Airbnb listings.
Average Revenue: MYR32K/yr
Occupancy Rate
51%
Avg Daily Rate
MYR171
Budget
No. of Listings
3,575
Medium
YoY Revenue Change
5.0%
Best Month
December
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
MYR2,199
Average
MYR2,726
High
MYR3,285
Is Airbnb Profitable in Petaling Jaya?
Yes, there is good short-term rental demand. A 51% 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 Petaling Jaya
Short-term rental regulation is lenient in Petaling Jaya. 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 Petaling Jaya
A typical listing recorded a 51% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 29.47% 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.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 51%
2,526 Active Listings
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Explore Petaling Jaya's Airbnb Data ⟶
Best Areas in Petaling Jaya for Airbnb
Are you wondering where to invest in Petaling Jaya? Look no further!
- Sunway Lagoon
- The Curve Shopping Mall
- 1 Utama Shopping Centre
- Sunway Pyramid
- The British International School Kuala Lumpur
- Taman Paramount Night Market
- Paradigm Mall
- Kelana Jaya Lake Park
- Jump Street Trampoline Park
- KidZania Kuala Lumpur
Top demand Airbnb in Petaling Jaya
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 2,526 listings.
See 2,526 listing Statistics
Professional Short-term rental property managers in Petaling Jaya
We've compiled a list of host profiles that manage the most Airbnb properties in Petaling Jaya. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Petaling Jaya
Here is a breakdown of short-let properties in Petaling Jaya. 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.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type