The Palazzia, Bukit Gambier

The Palazzia is a freehold shopping mall located in Bukit Gambier, Gelugor. There are 54 units available at this project with built-up from 740 sf to 1,100 sf. It was developed by Ideal Property Group, and was completed around 2009.

Ideal Property Group is a big-sized property development group, and it has developed about 31 property projects in Malaysia. Other similar projects by the same developer are Fiera Vista, Ideal Vision Park, Imperial Residences, One Foresta, One Imperial, One Residence, Solaria Residences, The One, Tree Sparina and i-Santorini.

Property Type
Shopping Mall
Land Tenure
Freehold
Built-up
740 sf - 1,100 sf
Market Price
RM550,000 - RM820,000
Density
54 Units
Completed In
2009
Launch Price
-NA-

This shopping mall has some amenities nearby, i.e. universities and schools. The following are some of the main universities here:

As for schools, there are SMK Bukit Jambul and Universiti Sains Malaysia.

The current rental yield of The Palazzia is around 3.6%, compared to 2.93% 5 years ago in Q1 2015. The highest rental yield ever recorded was 3.66% in Q4 2012; while the lowest one was 2.27% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Palazzia is 820 sf with a median price of RM1,000 psf. For price wise, the most expensive one is 820 sf with a median price of RM1,000 psf; while the cheapest one is 740 sf with a median price of RM740 psf.

Latest The Palazzia for sale listings:

DateTypeBuilt-upPrice
20 Sep 2022Shop-Office1,097 sfRM768,000
27 Aug 2022Shop-Office739 sfRM700,000
15 Feb 2022Shop-Office820 sfRM728,000
29 Nov 2021Shop-Office819 sfRM820,000
18 Nov 2021Shop-Office1,097 sfRM768,000
29 Aug 2021Shop-Office1,097 sfRM768,000
7 Sep 2021Retail740 sfRM550,000
24 Jun 2021Shop-Office1,097 sfRM795,000
28 May 2021Shop-Office1,097 sfRM800,000
12 May 2021Shop-Office1,097 sfRM800,000

Latest The Palazzia for rent listings:

DateTypeBuilt-upRental
30 Apr 2021Shop-Office1,100 sfRM1,700
29 Apr 2021Shop-Office819 sfRM2,200
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