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 - RM380,000
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 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 5.5%, compared to 5.85% a year ago in Q1 2018. The highest rental yield ever recorded was 8.0% 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 RM350 psf.

Latest Palazio for sale listings:

18-Apr-19Condominium1,097 sfRM358,000
18-Apr-19Studio538 sfRM268,000
18-Apr-19Condominium1,097 sfRM340,000
17-Apr-19Studio480 sfRM215,000
17-Apr-19Low-Cost Flat1,097 sfRM320,000
16-Apr-19Condominium1,097 sfRM368,000
07-Apr-19Studio484 sfRM210,000
06-Apr-19Studio484 sfRM208,000
06-Apr-19Studio538 sfRM208,000
05-Apr-19Studio484 sfRM200,000

Latest Palazio for rent listings:

18-Apr-19Apartment500 sfRM750
16-Apr-19Apartment500 sfRM1,000
15-Apr-19Apartment500 sfRM900
15-Apr-19Studio484 sfRM1,100
13-Apr-19Studio484 sfRM1,100
13-Apr-19Studio484 sfRM1,000
13-Apr-19Condominium1,092 sfRM1,600
13-Apr-19Studio484 sfRM1,100
12-Apr-19Studio484 sfRM1,200
12-Apr-19Condominium1,100 sfRM1,600