Jonker Street Airbnb Investment: Why Heritage Zone Properties Earn 30% More
Jonker Street (Jalan Hang Jebat) - The Heart of Melaka TourismLooking for the best location for Airbnb investment in Melaka? The UNESCO Heritage Zone around Jonker Street consistently outperforms other areas by 20-30% in rental income.
Here's why, and how to invest profitably in this prime location.
Why Jonker Street is Melaka's #1 Airbnb Location
The UNESCO World Heritage Advantage
In 2008, Melaka was designated a UNESCO World Heritage Site. This put Jonker Street and the surrounding heritage zone on the global tourism map.
Impact on Airbnb:- 16+ million tourists annually (pre-pandemic)
- 60% are domestic tourists from KL/Singapore
- Heritage zone = #1 destination for visitors
- Walkability = higher guest satisfaction
Weekend Getaway Magnet
Distance from Key Markets:- Kuala Lumpur: 2 hours by car (perfect weekend escape)
- Singapore: 3-4 hours (popular holiday destination)
- Johor Bahru: 2.5 hours
Real Performance Data: Jonker Street vs Other Areas
Based on our 100+ managed properties across Melaka:
| Location | Avg. Daily Rate | Occupancy | Annual Revenue |
|---|---|---|---|
| **Jonker Street** | RM 180-250 | 65-75% | RM 12,000-15,000 |
| Bandar Hilir | RM 150-200 | 55-65% | RM 8,000-11,000 |
| Melaka Raya | RM 130-180 | 50-60% | RM 6,000-9,000 |
| Ayer Keroh | RM 100-150 | 45-55% | RM 4,000-7,000 |
| **Suburban Areas** | RM 80-120 | 40-50% | RM 3,000-6,000 |
Top 5 Condos Near Jonker Street for Airbnb
1. The Shore Residence
- Distance: 5-minute walk to Jonker Street
- Price: RM 350K-600K
- Airbnb Potential: ⭐⭐⭐⭐⭐
- Pool view units command premium rates (RM 250+)
2. Silverscape Residence
- Distance: 8-minute walk
- Price: RM 250K-450K
- Airbnb Potential: ⭐⭐⭐⭐
- Heritage view units highly desirable
3. Imperio Residence
- Distance: 10-minute walk
- Price: RM 300K-500K
- Airbnb Potential: ⭐⭐⭐⭐
- Newer building = better facilities
4. Ong Kim Wee Residence
- Distance: 12-minute walk
- Price: RM 200K-350K
- Airbnb Potential: ⭐⭐⭐
- Affordable entry for first-time investors
5. Novo 8 Residence
- Distance: 15-minute walk
- Price: RM 280K-420K
- Airbnb Potential: ⭐⭐⭐
- Good value for budget-conscious investors
What Makes Jonker Street So Profitable?
1. Walkability Score: 95/100
Guests love staying where they can walk to everything:
- Jonker Walk Night Market (Fri-Sun)
- Red Square (Dutch Square)
- A Famosa Fortress
- St. Paul's Hill
- River cruise terminal
- 50+ restaurants & cafes
2. Night Market Economy
Jonker Walk Night Market:- Every Friday, Saturday, Sunday
- 500+ stalls
- Food, crafts, antiques
- Open 6 PM - 12 midnight
- Weekend occupancy: 80-90%
- Guests stay specifically for night market
- Return visitors (annual CNY, festivals)
3. Cultural Events Year-Round
Melaka's heritage zone hosts events that drive consistent demand:
| Month | Event | Occupancy Impact |
|---|---|---|
| **January** | New Year | High |
| **February** | CNY | Very High (RM 300+ rates) |
| **March** | School Holidays | High |
| **April** | Melaka Heritage Race | Moderate |
| **May** | Wesak Day | Moderate |
| **June** | School Holidays | High |
| **July** | Melaka River Festival | High |
| **August** | Merdeka Eve | Very High |
| **September** | Malaysia Day | High |
| **October** | Deepavali | Moderate |
| **November** | School Holidays | High |
| **December** | Christmas/NY | Very High |
Heritage Zone Restrictions (What You Need to Know)
Good News: Airbnb is Allowed
Despite being a UNESCO heritage site, short-term rentals are permitted for:
- Condos within the zone
- Strata-titled properties
- Properties with commercial access
Potential Challenges
- Parking Restrictions
- Limited street parking
- Some condos charge guest parking fees
- Solution: Choose condos with free parking
- Noise Regulations
- Quiet hours enforced (10 PM - 7 AM)
- No loud music/parties
- Solution: Clear house rules + guest screening
- Renovation Rules
- External alterations restricted
- Interior renovations allowed
- Solution: Focus on interior design for appeal
We Handle Compliance
When we manage your property, we:
- Verify all heritage zone rules
- Obtain necessary permissions
- Monitor guest compliance
- Handle any issues with authorities
Investment Scenarios: Jonker Street
Scenario 1: 2-Bedroom at The Shore
Purchase Price: RM 450,000 Furnishing Cost: RM 25,000 Total Investment: RM 475,000 Performance:- Avg. Daily Rate: RM 220
- Occupancy: 70%
- Monthly Revenue: RM 13,200 (RM 220 × 20 nights)
- Annual Gross: RM 158,400
- Maintenance: RM 300/month
- Utilities: RM 250/month
- Internet: RM 100/month
- Management: RM 300/month (our flat fee)
- Total Monthly: RM 950
Scenario 2: 1-Bedroom at Silverscape
Purchase Price: RM 320,000 Furnishing Cost: RM 15,000 Total Investment: RM 335,000 Performance:- Avg. Daily Rate: RM 180
- Occupancy: 70%
- Monthly Revenue: RM 10,080
- Annual Gross: RM 120,960
What Guests Love About Jonker Street Locations
Based on 5,000+ guest reviews across our properties:
Top 5 Mentions:
- "Walking distance to everything" (90% of reviews)
- "Night market just downstairs" (70%)
- "Heritage architecture" (65%)
- "Great food options" (80%)
- "Safe area, felt secure" (85%)
How to Invest in Jonker Street Area
Option 1: Buy Condo We Already Manage
Advantages:- We know Airbnb is allowed
- Track record of performance data
- Existing furnishing and setup
- Immediate income start
- The Shore (2 units available)
- Silverscape (3 units available)
- Imperio (1 unit available)
Option 2: Buy New Property (We Advise)
Our Services:- Verify Airbnb rules before you buy
- Calculate realistic ROI projections
- Recommend best units/views
- Handle renovation + furnishing
Option 3: Convert Existing Property
If you already own near Jonker Street:
- We assess Airbnb potential
- Renovation plan
- Furnishing budget
- Launch timeline
Jonker Street vs Bandar Hilir: Which is Better?
Both are excellent, but serve different markets:
| Factor | Jonker Street | Bandar Hilir |
|---|---|---|
| **Vibe** | Cultural, heritage, foodie | Modern, business, shopping |
| **Guest Type** | Tourists, families | Business travelers, shoppers |
| **Occupancy** | Higher (weekends) | Stable (weekdays) |
| **Rates** | RM 180-250 | RM 150-200 |
| **Investment** | Higher returns | Lower entry price |
| **Best For** | Maximum income | Balanced portfolio |
Future Outlook: Jonker Street Investment
Positive Trends:
- MRT3 Circle Line (2027-2030)
- Will connect KL to Melaka faster
- Expected tourist increase: 20-30%
- Property values projected to rise 15-20%
- Heritage Tourism Growth
- UNESCO status renewed every 4 years
- Malaysia promoting heritage tourism
- More international visitors expected
- Airport Expansion (Batu Berendam)
- More direct flights from region
- Easier access for international tourists
Ready to Invest in Jonker Street?
We manage 30+ properties within walking distance of Jonker Street, earning owners RM 10,000-15,000+ annually.
What We Offer:- ✅ Property sourcing (Airbnb-friendly condos)
- ✅ ROI calculation with real data
- ✅ Renovation and furnishing
- ✅ Full management (RM 250-300/month flat fee)
- ✅ 5-platform listing (Airbnb, Booking.com, etc.)
- ✅ responsive guest support
Case Study: From Empty Unit to RM 12,000/Year
Owner: Ms. Lim, KL-based investor Property: 2-bedroom at The Shore Before: Empty condo, losing RM 500/month (maintenance) After: RM 12,000+ net annual income Timeline: 6 weeks from purchase to first booking Her Experience: "I was skeptical about investing in another state. iHousing made it easy - they found the unit, handled everything, and now I get passive income without doing anything. The location near Jonker Street is key - it's always booked."Frequently Asked Questions
Q: Is it hard to get approval for Airbnb in Jonker Street condos?
A: Not in the condos we manage. We verify this before you buy. Some buildings restrict it, but we know which ones allow STR.Q: Will heritage zone rules affect my Airbnb?
A: Short-term rentals are allowed. The key restrictions are on external renovations (you can't change the facade) and noise (no parties). We handle compliance.Q: How far is "walkable distance" to Jonker Street?
A: Within 15 minutes walk. The Shore and Silverscape are closest (5-10 minutes). All our Jonker-area condos are within walking distance.Q: Are property prices higher in Jonker Street area?
A: Yes, 10-20% premium vs other areas. But ROI is also higher due to occupancy and rates. It pays for itself.Q: What if I want to use the property myself?
A: No problem! Block dates you want to use. Many owners stay during weekdays (lower occupancy) and rent weekends.Start Your Jonker Street Investment Journey
Don't miss out on Melaka's most profitable Airbnb location. WhatsApp Us Now: +60 19-699 6688 Or explore:- [Properties We Manage Near Jonker](/properties)
- [Melaka Investment Guide](/invest/how-to-buy-property-melaka-airbnb)
- [Full Management Services](/services/full-management)
Last Updated: January 2025 | Data Source: iHousing Portfolio Performance (100+ Properties) Jonker Street remains Melaka's crown jewel for Airbnb investment. Walkability, UNESCO heritage status, and consistent tourist demand make it the top choice for serious investors.
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