Skip to main content
FacebookWhatsApp
Renovation and furnishing cost guide for Penang rental properties in 2026
Cost Guide

Furnishing & Renovation Cost Guide for Penang Properties in 2026

MyReno Team5 February 2026Updated 11 Apr 20263 min read559 words

Understanding Furnishing & Renovation Costs in Penang

One of the biggest concerns property owners have is understanding true costs. At MyReno Penang, we believe in complete transparency. As Penang's rental-ready furnishing specialist, we've compiled this guide based on our experience transforming empty units into rent-ready homes.

Factors Affecting Cost

Two units of identical size in the same block can quote very differently. Four variables drive almost all of the spread: how much floor area has to be furnished, how much of the work is built-in carpentry rather than loose furniture, the material and appliance tier you choose, and how easy the unit is to deliver into. Each is explained below.

1. Property Size

Larger properties require more furniture, built-ins, and styling.

2. Scope of Work

Scope is the single largest cost driver, because built-in carpentry costs several times more than loose furniture covering the same wall. The three common scopes:

  • Furnishing only (loose furniture, appliances, styling)
  • Furnishing + built-ins (wardrobes, kitchen cabinets)
  • Full fit-out with wet works coordination (if the unit needs tiling or plumbing fixes first, we coordinate trusted contractors on your behalf)
  • 3. Material Quality

    Budget, mid-range, and premium options available.

    4. Location

    Some areas in Penang have different logistics costs.

    Cost Breakdown by Room

    The room-by-room figures below are indicative unit costs for rental-grade specification in Penang — durable, tenant-proof materials rather than showroom finishes. Use them to sanity-check a quotation line by line; your final numbers are confirmed against the actual unit at the site assessment.

    Living Room Furnishing (RM8,500 - RM25,000)

  • Sofa & Seating: RM2,000 - RM6,000
  • TV Console & Entertainment: RM1,200 - RM5,000
  • Coffee Table & Side Tables: RM500 - RM2,000
  • Curtains & Blinds: RM500 - RM2,000
  • Lighting: RM500 - RM3,000
  • Decor & Styling: RM500 - RM2,000
  • Bedroom Furnishing (RM6,500 - RM18,000)

  • Built-in Wardrobe: RM2,500 - RM6,000
  • Bed Frame & Mattress: RM2,000 - RM5,000
  • Study Desk & Chair: RM500 - RM2,000
  • Curtains & Blinds: RM500 - RM2,000
  • Lighting & Accessories: RM500 - RM2,000
  • Kitchen Fitting (RM15,000 - RM45,000)

  • Cabinets: RM8,000 - RM25,000
  • Countertop: RM2,000 - RM8,000
  • Appliances: RM3,000 - RM8,000
  • Sink & Fittings: RM1,000 - RM3,000
  • Backsplash: RM1,000 - RM3,000
  • Bathroom (Wet Works Coordination)

    If your unit needs bathroom work (tiling, plumbing, waterproofing), we coordinate trusted contractors on your behalf. Typical costs:

  • Cosmetic refresh: RM3,000 - RM6,000
  • Partial renovation: RM8,000 - RM15,000
  • Full renovation: RM15,000 - RM25,000
  • MyReno Furnishing Packages

    Rather than pricing room by room, most owners take one of four all-inclusive packages. Each includes a dedicated project manager, professional handover photos and a 12-month workmanship warranty per the signed agreement:

    PackageIndicative priceTimelineBest for
    Basic Rental RefreshFrom RM18kConfirmed after assessmentVacant units needing a fast, presentable refresh before listing
    3-Room Rental SetupRM27k–35karound 30 working daysCondo long-term rental — three bedrooms, built-in storage, working kitchen
    Co-Living SetupRM30k–45karound 30 working daysRoom-by-room rental income with furnished shared living and kitchen
    Airbnb Investor SetupRM35k–60karound 30 working daysShort-stay: theme styling, guest essentials, listing photography

    Excluded from all packages and coordinated separately: major hacking, full wet works (tiling, plumbing, waterproofing) and electrical rerouting.

    Getting an Accurate Quote

    Every property is unique. For an accurate quote:

  • Schedule a free on-site visit
  • Discuss your goals and budget
  • Receive a detailed quotation; timing confirmed after assessment
  • No Hidden Costs Promise

    MyReno Penang guarantees:

  • Transparent itemized quotes
  • No surprise charges
  • Itemised scope and price confirmed after the site assessment
  • Clear payment milestones
  • Contact us today for your free quotation! Or explore our furnishing packages and Airbnb Investor Setup to get started.

    Tags:
    Furnishing Costs
    Penang
    Budget
    Pricing
    2026

    Need Professional Renovation Help?

    MyReno Penang is your trusted renovation & furnishing company for rental & investment properties. Get a free on-site quotation today.

    Get My Free Quote on WhatsApp

    Related Articles

    How to Prepare Your Property for Airbnb Rental in Penang
    Airbnb Tips

    How to Prepare Your Property for Airbnb Rental in Penang

    Learn the essential steps to transform your empty unit into a guest-ready Airbnb listing. From furnishing to interior styling, we cover everything you need to know.

    Co-Living Furnishing Guide for Penang Landlords
    Co-Living

    Co-Living Furnishing Guide for Penang Landlords

    Co-living layouts are commonly marketed to young professionals and students. Discover how to furnish your property into a tenant-ready co-living space.

    5 Ways to Maximize Rental Income from Your Investment Property
    Investment Tips

    5 Ways to Maximize Rental Income from Your Investment Property

    Smart furnishing can change how your unit presents to renters. Learn practical strategies for preparing a Penang investment property for the rental market.

    MyReno Penang provides rental-ready renovation and furnishing for condominiums and landed investment properties across Penang Island and Seberang Perai, typically completed in around 30 working days, subject to the confirmed scope. Primary service areas include Batu Kawan, Bayan Lepas, George Town, Gelugor, Jelutong, Sungai Ara, Tanjung Tokong, Gurney Drive, Butterworth and Batu Maung.