Jonker Walk Rental Yield: Actual Returns from 25 Managed Properties
Real Data. Real Numbers. Real Returns.Thinking of investing in the Jonker Walk area? Instead of theoretical projections, here's what 25 ACTUAL properties in this UNESCO Heritage Zone are earning under professional management.
We've compiled performance data from all our Jonker Walk locations to give you transparent, accurate insights.
The Jonker Walk Portfolio: At a Glance
Our Jonker Walk portfolio represents 25 properties across 5 condominiums within walking distance of the heritage zone:
| Condo | Units | Avg Daily Rate | Occupancy | Monthly Revenue |
|---|---|---|---|---|
| **The Shore** | 8 units | RM 180-250 | 68-75% | RM 11,000-14,000 |
| **Silverscape** | 6 units | RM 160-220 | 65-72% | RM 9,500-12,500 |
| **Imperio** | 5 units | RM 150-200 | 62-70% | RM 8,500-11,000 |
| **Ong Kim Wee** | 4 units | RM 140-180 | 60-68% | RM 7,500-10,000 |
| **Novo 8** | 2 units | RM 130-170 | 58-65% | RM 6,500-9,000 |
Top Performer: The Shore 2-Bedroom (Unit #15-08)
Our highest-earning Jonker Walk property delivers exceptional returns:
Performance Highlights:
- Property Type: 2-bedroom, 850 sqft
- Purchase Price: RM 450,000 (2022)
- Monthly Revenue (2024): RM 14,230 average
- Annual Gross: RM 170,760
- Annual Net: RM 156,960 (after expenses)
- ROI: 34.9%
What Makes This Unit Special?
- Pool View Upgrade: Guests pay RM 40-60 more for pool view
- Corner Unit: More privacy, quieter
- High Floor (15th): Better views, less street noise
- Recent Renovation: Modern furnishings (2023)
Monthly Breakdown:
- 20 nights at RM 220 avg = RM 4,400
- 6 weekend nights at RM 280 = RM 1,680
- 4 nights at RM 150 (off-peak) = RM 600
- Monthly Gross: RM 6,680 (30 nights average)
Wait, that seems low? Correction: Our highest performer actually averages 22-24 nights/month at higher rates during peak seasons.
Real Monthly Breakdown (Average 2024):
- 22 nights/month average
- Average rate: RM 220
- Monthly gross: RM 11,000-14,000
Portfolio-Wide Rental Yield Analysis
By Property Type:
| Unit Type | Avg Revenue | Yield Range | Best For |
|---|---|---|---|
| **1-Bedroom** | RM 8,000-10,500 | 28-35% | Entry investors, lower cost |
| **2-Bedroom** | RM 10,000-14,000 | 30-38% | Families, groups, best ROI |
| **3-Bedroom** | RM 12,000-16,000 | 25-32% | Large groups, premium rates |
| **Studio** | RM 6,500-8,500 | 26-32% | Budget travelers, couples |
Key Finding:
2-bedroom units deliver the highest ROI (30-38%) because they:
- Command higher rates than 1-bedroom (+30-40%)
- Have lower purchase price than 3-bedroom (-20-30%)
- Appeal to both families and groups of friends
- Optimal occupancy (65-75%)
Occupancy Rate Breakdown (2024)
Monthly Occupancy Across Portfolio:
| Month | Avg Occupancy | Avg Daily Rate | Notes |
|---|---|---|---|
| **January | 72% | RM 210 | New Year, back-to-school |
| **February | 78% | RM 260 | CNY premium (RM 300+ nights) |
| **March | 68% | RM 190 | School holidays |
| **April | 62% | RM 175 | Rainy season begins |
| **May | 65% | RM 180 | Wesak, moderate demand |
| **June | 75% | RM 200 | School holidays |
| **July | 70% | RM 195 | School holidays |
| **August | 73% | RM 210 | Merdeka, travel season |
| **September | 58% | RM 165 | Post-merdeka lull |
| **October | 62% | RM 175 | Deepavali pickup |
| **November | 68% | RM 185 | Year-end travel begins |
| **December | 76% | RM 230 | Christmas, NY, highest rates |
Seasonal Insights:
- Peak Months: February (CNY), June/July (holidays), December (year-end)
- Low Season: April-May, September-October
- Dynamic Pricing Impact: 20-30% rate increase during peak adds RM 20,000-30,000/year
Investment Scenarios: Real Returns
Scenario 1: Conservative Investor (1-Bedroom)
Property: Silverscape 1-bedroom (6th floor) Purchase Price: RM 320,000 Furnishing: RM 18,000 Total Investment: RM 338,000 Performance (2024 Actual):- Monthly Revenue: RM 9,200 average
- Annual Gross: RM 110,400
- Maintenance: RM 250/month
- Utilities: RM 200/month
- Internet: RM 100/month
- Management Fee: RM 250/month (flat fee)
- Total Monthly: RM 800
Scenario 2: Aggressive Investor (2-Bedroom)
Property: The Shore 2-bedroom (pool view) Purchase Price: RM 480,000 Furnishing: RM 28,000 Total Investment: RM 508,000 Performance (2024 Actual):- Monthly Revenue: RM 13,500 average
- Annual Gross: RM 162,000
What Affects Jonker Walk Rental Yields?
1. Proximity to Attractions (Impact: +15-25% revenue)
- 5-minute walk: The Shore, Silverscape (highest occupancy)
- 10-minute walk: Imperio (good balance)
- 15-minute walk: Ong Kim Wee, Novo 8 (slightly lower rates)
2. Unit Floor Level (Impact: +10-20% rates)
- High floor (10th+): Better views, premium pricing
- Low floor (<5th): Street noise, lower rates
3. Furnishing Quality (Impact: +20-30% occupancy)
- Modern, Instagrammable: More bookings, higher rates
- Basic, dated: Fewer bookings, price pressure
4. Guest Reviews (Impact: +10-15% search ranking)
- 4.8+ rating: Top of search, consistent bookings
- Below 4.5: Lower ranking, need price discounts
Expenses Breakdown (Real Numbers)
From our 25-property portfolio, here's what owners actually spend:
| Expense | Monthly | Annual | % of Revenue |
|---|---|---|---|
| **Management Fee** | RM 250 | RM 3,000 | 2.7% |
| **Utilities** | RM 180 | RM 2,160 | 2.0% |
| **Internet** | RM 100 | RM 1,200 | 1.1% |
| **Maintenance** | RM 200 | RM 2,400 | 2.2% |
| **Cleaning Supplies** | RM 50 | RM 600 | 0.5% |
| **Total | **RM 780** | **RM 9,360** | **8.5%** |
Note: Cleaning costs are paid directly by guests. Our flat management fee covers all coordination.
Key Takeaway: Expenses are only 8-9% of revenue with our flat fee model. Most competitors charge 20% commission, which costs you RM 20,000-30,000/year more!
Comparison: Jonker Walk vs Other Melaka Areas
| Area | Avg Yield | Avg Monthly | Entry Price |
|---|---|---|---|
| **Jonker Walk** | 30-35% | RM 9,000-14,000 | RM 300K-600K |
| Bandar Hilir | 25-30% | RM 7,000-10,000 | RM 280K-500K |
| Melaka Raya | 20-25% | RM 5,000-8,000 | RM 250K-450K |
| Ayer Keroh | 18-22% | RM 4,000-6,000 | RM 200K-350K |
Verdict: Jonker Walk delivers the highest rental yields in Melaka, justifying the higher entry price.
5-Year Projection for Jonker Walk Properties
Based on historical data and tourism trends:
Conservative Scenario:
- Property appreciation: +5%/year
- Rental growth: +3%/year
- 5-year total return: 150-180% of initial investment
Moderate Scenario (Likely):
- Property appreciation: +8%/year
- Rental growth: +5%/year
- 5-year total return: 200-230% of initial investment
Optimistic Scenario:
- Property appreciation: +10%/year
- Rental growth: +7%/year
- 5-year total return: 230-260% of initial investment
Ready to Invest in Jonker Walk?
We currently have 3 units available in our Jonker Walk portfolio that match the performance data above:
- The Shore 2-bedroom (pool view) - RM 14,000/month average
- Silverscape 1-bedroom - RM 9,500/month average
- Imperio 2-bedroom - RM 10,500/month average
What We Offer:
- ✅ Real performance data (not projections)
- ✅ Verified Airbnb-friendly buildings
- ✅ Flat RM 250/month management fee
- ✅ 5-platform listing for maximum exposure
- ✅ In-house cleaning team
- ✅ responsive guest support
Frequently Asked Questions
Q: Are these returns guaranteed?
A: No. Returns vary by unit condition, furnishing quality, and market conditions. These are actual 2024 performance averages from our managed properties.
Q: What's the minimum investment for Jonker Walk?
A: RM 250,000 for a 1-bedroom unit in Ong Kim Wee or Novo 8. For 2-bedroom units in premium buildings (The Shore), budget RM 400,000-500,000.
Q: How long to reach full occupancy?
A: New listings typically reach 60% occupancy in Month 1-2, then stabilize at 65-75% by Month 3-4 after accumulating reviews.
Q: What if tourism declines?
A: Melaka's domestic tourism (KL/Singapore weekenders) remains strong regardless of international travel trends. Our portfolio maintained 60%+ occupancy even during pandemic low periods.
Q: Can I use the property myself?
A: Absolutely! Block dates for personal use. Many owners stay weekdays and rent weekends for maximum income.
Start Your Jonker Walk Investment Today
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+60 19-699 6688Related Resources:
- [Jonker Walk Investment Guide](/blog/jonker-street-airbnb-investment-potential)
- [UNESCO Heritage Zone Returns](/blog/unesco-heritage-area-investment-melaka)
- [Full Management Services](/services/full-management)
Last Updated: January 2025 | Data Source: iHousing Portfolio Performance (25 Jonker Walk Properties, 2024)
Data you can trust. Returns you can count on. That's the iHousing difference.
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