Palazio, Austin Perdana

Palazio (also known as Pangsapuri Mayland Austin) is a freehold condominium 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 Dorsett Residences, Maytower, Parc Regency, Parkview, Prima Regency, Regalia, Royal Domain, Royal Regent, Sri Putramas and Windsor.

Property Type
Condominium
Land Tenure
Freehold
Built-up
484 sf - 1,097 sf
Market Price
RM200,000 - RM360,000
Density
1,160 Units
Completed In
2013
Launch Price
About RM300 psf

This condominium 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 4.5%, compared to 5.56% a year ago in Q2 2020. The highest rental yield ever recorded was 8.21% in Q3 2013; while the lowest one was 4.5% in Q4 2021. 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 RM420 psf. For price wise, the most expensive one is Studio / 484 sf with a median price of RM420 psf; while the cheapest one is 3-bedroom / 1,097 sf with a median price of RM330 psf.

Latest Palazio for sale listings:

DateTypeBuilt-upPrice
TodayCondominium484 sfRM200,000
TodayStudio484 sfRM205,000
24 Nov 2021Studio484 sfRM218,000
24 Nov 2021Low-Cost Flat1,097 sfRM330,000
22 Nov 2021Condominium1,097 sfRM400,000
20 Nov 2021Studio484 sfRM185,000
19 Nov 2021Condominium484 sfRM218,000
19 Nov 2021Studio484 sfRM200,000
19 Nov 2021Studio420 sfRM218,000
18 Nov 2021Condominium1,097 sfRM350,000

Latest Palazio for rent listings:

DateTypeBuilt-upRental
26 Nov 2021Condominium1,097 sfRM1,300
26 Nov 2021Studio500 sfRM900
25 Nov 2021Studio484 sfRM1,000
25 Nov 2021Condominium1,000 sfRM1,200
25 Nov 2021Studio1,000 sfRM750
25 Nov 2021Condominium400 sfRM800
25 Nov 2021Studio484 sfRM700
24 Nov 2021Studio580 sfRM700
24 Nov 2021Condominium1,097 sfRM1,350
24 Nov 2021Studio484 sfRM1,000
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