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.

Property Type
Land Tenure
484 sf - 1,097 sf
Market Price
RM220,000 - 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 Hospital and Sultan Ismail Hospital.

The current market prices for Palazio are from RM220,000 to RM370,000 (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 5.71%, compared to 5.77% a year ago in Q3 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 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 RM340 psf.

Latest Palazio for sale listings:

21-Aug-19Condominium484 sfRM248,000
21-Aug-19Studio484 sfRM200,000
20-Aug-19Condominium484 sfRM210,000
20-Aug-19Condominium484 sfRM225,000
19-Aug-19Condominium538 sfRM218,000
16-Aug-19Studio538 sfRM265,000
15-Aug-19Low-Cost Flat538 sfRM218,000
15-Aug-19Condominium1,484 sfRM220,000
15-Aug-19Studio538 sfRM230,000
13-Aug-19Studio538 sfRM230,000

Latest Palazio for rent listings:

TodayCondominium500 sfRM850
22-Aug-19Low-Cost Flat500 sfRM1,200
22-Aug-19Condominium484 sfRM850
22-Aug-19Studio484 sfRM1,000
22-Aug-19Studio500 sfRM1,200
22-Aug-19Condominium1,095 sfRM1,200
22-Aug-19Condominium486 sfRM980
22-Aug-19Studio484 sfRM950
22-Aug-19Condominium1,097 sfRM1,500
22-Aug-19Low-Cost Flat484 sfRM900

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