Palazio, Austin Perdana

Palazio (also known as Pangsapuri Mayland Austin) is a freehold condominium that is located in Austin Perdana, Mount Austin. There are 1,160 units available at this condominium with built-up from 484 sf to 1,097 sf. It was developed by Mayland Development Sdn Bhd with a launch price of about RM300 psf, and was completed around 2013.

Mayland Development Sdn Bhd is a privately held big property development company, and it has developed about 27 property projects in Malaysia. Other similar projects by the same developer are Mayfair, Maytower, Parc Regency, Parkview, Prima Regency, Regalia, Royal Domain, Royal Regent, Sri Putramas and Windsor.

This condominium has some amenities nearby, i.e., hospitals and schools.

The current rental yield of Palazio is around 6.29%, compared to 5.71% 2 years ago in Q4 2022. The highest rental yield ever recorded was 7.5% in Q2 2016; while the lowest one was 4.27% in Q2 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Palazio is Studio / 484 sf with a median price of RM550 psf. For price wise, the most expensive one is Studio / 484 sf with a median price of RM550 psf; while the cheapest one is 3-bedroom / 1,097 sf with a median price of RM380 psf.

Latest Palazio sale listings:

Latest Palazio rental listings: