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
Land Tenure
484 sf - 1,097 sf
Market Price
RM200,000 - RM380,000
1,160 Units
Completed In
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:

The current rental yield of Palazio is around 5.45%, compared to 5.23% a year ago in Q1 2021. The highest rental yield ever recorded was 8.21% in Q3 2013; while the lowest one was 4.8% in Q4 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) 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 RM440 psf; while the cheapest one is 3-bedroom / 1,097 sf with a median price of RM350 psf.

Latest Palazio for sale listings:

7 Sep 2022Condominium484 sfRM190,000
18 Aug 2022Condominium538 sfRM300,000
14 Aug 2022Studio484 sfRM212,000
30 Jul 2022Condominium484 sfRM230,000
28 Jun 2022Studio484 sfRM288,000
31 May 2022Studio538 sfRM240,000
23 May 2022Studio484 sfRM230,000
12 May 2022Studio484 sfRM228,000
22 Apr 2022Studio538 sfRM258,000
29 Jan 2022Condominium484 sfRM180,000

Latest Palazio for rent listings:

12 Sep 2022Condominium1,200 sfRM1,200
6 Sep 2022Condominium-NA-RM1,200
5 Sep 2022Condominium-NA-RM1,200
8 Aug 2022Studio484 sfRM1,100
4 Aug 2022Condominium-NA-RM1,100
8 Aug 2022Condominium464 sfRM850
2 Aug 2022Condominium-NA-RM900
28 Jul 2022Condominium484 sfRM950
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