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 30 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 - RM890,000
Density
54 Units
Completed In
2009
Launch Price
-NA-

This shopping mall has some amenities nearby, i.e. schools and universities.

The current rental yield of The Palazzia is around 3.3%, 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 2.29% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at The Palazzia is 820 sf with a median price of RM1,000 psf. For price wise, the most expensive one is 864 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
TodayShop-Office1,097 sfRM759,000
TodayShop-Office800 sfRM710,000
9 Nov 2020Shop-Office1,097 sfRM800,000
30 Sep 2020Retail740 sfRM550,000
21 Sep 2020Shop-Office700 sfRM650,000
20 Sep 2020Shop-Office1,097 sfRM800,000
19 Sep 2020Retail1,100 sfRM895,000
18 Sep 2020Shop-Office1,100 sfRM950,000
9 Sep 2020Retail820 sfRM820,000
28 Aug 2020Shop-Office1,097 sfRM795,000

Latest The Palazzia for rent listings:

DateTypeBuilt-upRental
TodayShop-Office600 sfRM1,300
15 Oct 2020Shop-Office1,097 sfRM2,300
17 Jul 2020Shop-Office600 sfRM1,500
20 Feb 2020Shop-Office1,097 sfRM2,300
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