KUALA LUMPUR – March 21, 2018: Statistics from the Economy Planning Unit show that Penang trailed far behind Kuala Lumpur and Selangor two years ago in terms of the median monthly household gross income.
The amount for the DAP-led state was at RM5,409 in 2016 while that for Kuala Lumpur was RM9,073.
Apart from KL, the other states/areas with a high income were Putrajaya (RM8,275), Selangor (RM7,225), Johor (RM5,652) and Melaka (RM5,588). Statistics for the same year showed that Penang was overtaken by Johor and Melaka.
Median income is the middle-most valued income for a group of people, which is considered a more accurate representation than average income.
Penang’s Chief Minister Lim Guan Eng had last year claimed that the state under his leadership had outperformed KL and Labuan in term of gross domestic product (GDP) per capita.
Blogger Lim Sian See posted at Facebook to point out that despite the huge difference in income, current property prices in Penang seem to rival those in KL.
Before the DAP took control of Penang after the 2008 general elections, the median monthly household gross income for the state in 2007 was RM2,902, which was not far behind than that of KL’s RM3,697. That year, Penang was ranked 4th but in 2016 it fell to 6th behind KL, Putrajaya, Selangor, Johor and Melaka.
As for the PKR-led Selangor, its median monthly household gross income in 2016 was RM7,225, which was 3rd behind KL and Putrajaya.
In 2007, Putrajaya held the top spot with RM4,288 followed by Selangor (RM4,046), KL (RM3,687), Penang (RM2,902), Johor (RM2,726) and Melaka (RM2,717).