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 Maytower, Parc Regency, Parkview, Prima Regency, Puncak Prima, Regalia, Royal Domain, Royal Regent, Sri Putramas and Windsor.

Property Type
Apartment
Land Tenure
Freehold
Built-up
484 sf - 1,097 sf
Market Price
RM220,000 - RM380,000
Density
1,160 Units
Completed In
2013
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 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 5.71%, compared to 5.94% a year ago in Q4 2017. The highest rental yield ever recorded was 8.0% in Q3 2013; while the lowest one was 5.5% in Q1 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:

DateTypeBuilt-upPrice
16-Feb-19Studio-NA-RM230,000
16-Feb-19Studio548 sfRM208,000
16-Feb-19Studio484 sfRM220,000
16-Feb-19Condominium580 sfRM238,000
16-Feb-19Condominium484 sfRM215,000
16-Feb-19Condominium1,097 sfRM480,000
16-Feb-19Studio484 sfRM210,000
16-Feb-19Studio484 sfRM220,000
15-Feb-19Studio484 sfRM230,000
14-Feb-19Condominium1,097 sfRM320,000

Latest Palazio for rent listings:

DateTypeBuilt-upRental
17-Feb-19Studio484 sfRM900
17-Feb-19Studio484 sfRM1,100
17-Feb-19Low-Cost Flat500 sfRM900
16-Feb-19Studio800 sfRM750
12-Feb-19Studio484 sfRM1,200
12-Feb-19Studio484 sfRM950
12-Feb-19Studio484 sfRM1,000
12-Feb-19Studio485 sfRM900
12-Feb-19Studio485 sfRM900
12-Feb-19Studio-NA-RM950