Palazio, Austin Perdana
Palazio is a freehold apartment located in Austin Perdana, Mount Austin. There are 1,160 units available at this project 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 big property development company held privately, and it has developed about 26 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 apartment has some amenities nearby, i.e. schools and hospitals. The following are some of the main schools here:
- Red Woods Montessori Pre School
- SA Asy Sya'rawi Taman Mount Austin
- SA Taman Mount Austin
As for hospitals, there are Hospital and Sultan Ismail Hospital.
The current market prices for Palazio are from RM220,000 to RM380,000 (about RM450 psf); while the monthly rentals are from RM1,000 to RM1,500 (about RM2.07 psf). The highest median price psf ever recorded was RM485 psf in Q3 2014; while the lowest one was RM300 psf in Q1 2011.
The current rental yield of Palazio is around 5.5%, compared to 5.85% a year ago in Q1 2018. The highest rental yield ever recorded was 8.0% in Q3 2013; while the lowest one was 4.09% in Q4 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Palazio is Studio / 484 sf with a median price of RM450 psf. For price wise, the most expensive one is Studio / 484 sf with a median price of RM450 psf; while the cheapest one is 3-bedroom / 1,097 sf with a median price of RM350 psf.
Latest Palazio for sale listings:
|17-Apr-19||Low-Cost Flat||1,097 sf||RM320,000|
Latest Palazio for rent listings: