Palmyra Residences, Balik Pulau
Palmyra Residences is a freehold landed housing estate that is located in Balik Pulau, Penang Island. There are 227 units available in this housing estate with built-up from 1,600 sf to 1,984 sf. It was developed by Belleview Group.
Belleview Group is a mid-sized real estate group, and it has undertaken around 17 real estate projects in Malaysia. Other similar projects by the same developer are 6 Western Avenue, Miami Bay and Slim Villas.
The only amenities nearby this landed housing estate are some schools. Several of the schools here are Asrama SMK Seri Balik Pulau, SK Balik Pulau, SK Genting, SMK Seri Balik Pulau, Sekolah Didikan Agama Islam Kampung Paya and Surau Al Ubudiah SMK Seri Balik Pulau.
The current rental yield of Palmyra Residences is around 3.46%, compared to 2.17% a year ago in Q3 2018. The highest rental yield ever recorded was 4.27% in Q3 2014; while the lowest one was 1.87% in Q1 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Palmyra Residences is 4-bedroom / 1,625 sf with a median price of RM360 psf. For price wise, the most expensive one is 4-bedroom / 1,625 sf with a median price of RM360 psf; while the cheapest one is 3-bedroom / 1,984 sf with a median price of RM260 psf.
Latest Palmyra Residences sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 27 Oct 2023 | Terrace | -NA- | RM560,000 |
| 5 Oct 2023 | Terrace | 1,625 sf | RM680,000 |
| 17 Aug 2023 | Terrace | 1,625 sf | RM520,000 |
| 16 Aug 2023 | Terrace | 1,625 sf | RM629,000 |
| 15 Aug 2023 | Terrace | 1,625 sf | RM628,000 |
| 15 Aug 2023 | Terrace | 1,625 sf | RM570,000 |
| 11 Aug 2023 | Terrace | 1,625 sf | RM508,000 |
| 8 Aug 2023 | Terrace | 1,625 sf | RM590,000 |
| 8 Aug 2023 | Terrace | 1,625 sf | RM585,000 |
| 16 Nov 2022 | Terrace | 1,625 sf | RM580,000 |
Latest Palmyra Residences rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 13 Sep 2023 | Terrace | 1,625 sf | RM1,500 |
| 23 May 2020 | Terrace | 1,650 sf | RM1,000 |
| 11 May 2020 | Terrace | 1,200 sf | RM900 |
| 6 Jan 2020 | Terrace | 1,625 sf | RM1,000 |
| 28 Jul 2019 | Terrace | 1,625 sf | RM1,000 |
| 2 Nov 2018 | Terrace | 1,625 sf | RM949 |
| 3 Oct 2018 | Terrace | 1,400 sf | RM899 |
| 9 Jul 2018 | Terrace | 1,400 sf | RM899 |
| 25 May 2018 | Terrace | 1,625 sf | RM949 |
| 25 Apr 2018 | Terrace | 1,400 sf | RM899 |