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

Property Type
Apartment
Land Tenure
Freehold
Built-up
484 sf - 1,097 sf
Market Price
RM200,000 - RM350,000
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 Hemodialisis Hospital Sultan Ismail. and Sultan Ismail Hospital.

The current rental yield of Palazio is around 5.54%, 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 RM420 psf. For price wise, the most expensive one is Studio / 538 sf with a median price of RM430 psf; while the cheapest one is 3-bedroom / 1,097 sf with a median price of RM320 psf.

Latest Palazio for sale listings:

DateTypeBuilt-upPrice
TodayCondominium484 sfRM210,000
20 Oct 2020Studio484 sfRM213,000
20 Oct 2020Condominium484 sfRM200,000
19 Oct 2020Condominium1,097 sfRM360,000
19 Oct 2020Studio484 sfRM210,000
16 Oct 2020Low-Cost Flat1,024 sfRM350,000
16 Oct 2020Low-Cost Flat484 sfRM195,000
16 Oct 2020Studio538 sfRM250,000
16 Oct 2020Studio538 sfRM255,000
16 Oct 2020Studio494 sfRM195,000

Latest Palazio for rent listings:

DateTypeBuilt-upRental
9 Oct 2020Condominium484 sfRM1,000
19 Oct 2020Studio420 sfRM950
11 Oct 2020Studio484 sfRM1,000
11 Oct 2020Low-Cost Flat488 sfRM900
11 Oct 2020Studio484 sfRM800
10 Oct 2020Condominium468 sfRM900
10 Oct 2020Low-Cost Flat650 sfRM900
10 Oct 2020Studio485 sfRM750
10 Oct 2020Studio484 sfRM900
10 Oct 2020Condominium538 sfRM900
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