Palazio, Austin Perdana

Palazio (also known as Pangsapuri Mayland Austin) 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 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.

Property Type
Land Tenure
484 sf - 1,097 sf
Market Price
RM210,000 - RM370,000
1,160 Units
Completed In
Launch Price
About RM300 psf

This apartment has some amenities nearby, i.e. schools and hospitals. The following are some of the main schools here:

As for hospitals, there are Hemodialisis Hospital Sultan Ismail. and Sultan Ismail Hospital.

The current rental yield of Palazio is around 5.27%, compared to 5.71% 2 years ago in Q4 2018. The highest rental yield ever recorded was 8.21% 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 RM430 psf. For price wise, the most expensive one is Studio / 484 sf with a median price of RM430 psf; while the cheapest one is 3-bedroom / 1,097 sf with a median price of RM340 psf.

Latest Palazio for sale listings:

24 May 2020Condominium484 sfRM200,000
24 May 2020Condominium484 sfRM200,000
24 May 2020Studio482 sfRM200,000
15 May 2020Condominium484 sfRM200,000
21 May 2020Studio484 sfRM195,000
21 May 2020Studio484 sfRM230,000
21 May 2020Studio484 sfRM195,000
20 May 2020Studio484 sfRM210,000
20 May 2020Studio538 sfRM240,000
6 May 2020Condominium1,097 sfRM400,000

Latest Palazio for rent listings:

TodayCondominium484 sfRM1,100
TodayStudio500 sfRM900
TodayCondominium1,000 sfRM1,350
TodayCondominium600 sfRM850
TodayStudio600 sfRM900
TodayStudio600 sfRM1,000
TodayStudio600 sfRM900
TodayStudio600 sfRM950
TodayCondominium1,098 sfRM850
TodayCondominium470 sfRM900
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