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 Mayfair, 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
RM210,000 - RM380,000
Total Units
1,160 Units
Completion Date
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:

The current rental yield of Palazio is around 6.6%, compared to 4.8% 2 years ago in Q4 2021. The highest rental yield ever recorded was 8.0% in Q1 2013; while the lowest one was 4.8% in Q2 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 RM440 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 sale listings:

TarikhJenis HartanahBinaanHarga
TodayCondominium484 sfRM218,000
13 Mar 2023Condominium1,097 sfRM295,200
10 Mar 2023Condominium1,095 sfRM380,000
4 Mar 2023Condominium1,096 sfRM380,000
19 Feb 2023Condominium484 sfRM178,200
2 Feb 2023House1,097 sfRM380,000
19 Jan 2023Condominium1,097 sfRM410,000
28 Dec 2022Condominium484 sfRM220,000
20 Nov 2022Condominium484 sfRM250,000
31 Oct 2022Condominium484 sfRM210,000

Latest Palazio rental listings:

TarikhJenis HartanahBinaanSewaan
1 Mar 2023Studio-NA-RM1,000
8 Dec 2022Condominium1,097 sfRM1,600
18 Oct 2022Condominium1,097 sfRM1,500
1 Oct 2022Condominium-NA-RM900
6 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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