The Palazzia, Bukit Gambier
The Palazzia is a freehold shopping mall that is located in Bukit Gambier, Gelugor. There are 54 units available at this property with built-up from 740 sf to 820 sf. It was developed by Ideal Property Group, and was completed in around 2009.
Ideal Property Group is a big-sized property development group, and it has developed about 38 property projects in Malaysia. Other similar projects by the same developer are ForestVille, Ideal Vision Park, Imperial Residences, One Foresta, One Imperial, One Residence, Solaria Residences, The One, Tree Sparina and i-Santorini.
This shopping mall has some amenities nearby, i.e., universities and schools. The following are some of the major universities here:
- Stadium Universiti Sains Malaysia
- Universiti Sain Malaysia
- Universiti Sains Malaysia
- University Housing & Accommodation Unit
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 3.6% in Q4 2020; 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 sale listings:
| Tarikh | Jenis Hartanah | Binaan | Harga |
|---|---|---|---|
| Today | Shop-Office | 1,097 sf | RM860,000 |
| Today | Shop-Office | 1,097 sf | RM828,000 |
| 9 Nov 2023 | Shop-Office | 1,097 sf | RM828,000 |
| 27 Oct 2023 | Shop-Office | 1,097 sf | RM828,000 |
| 31 Jul 2023 | Shop-Office | 819 sf | RM820,000 |
| 16 Jul 2023 | Shop-Office | 646 sf | RM358,000 |
| 11 May 2023 | Shop-Office | 1,100 sf | RM950,000 |
| 16 Mar 2023 | Shop-Office | 820 sf | RM728,000 |
| 9 Nov 2022 | Shop-Office | 1,100 sf | RM950,000 |
| 3 Oct 2022 | Office | 739 sf | RM450,000 |
Latest The Palazzia rental listings:
| Tarikh | Jenis Hartanah | Binaan | Sewaan |
|---|---|---|---|
| Today | Shop-Office | 2,400 sf | RM5,200 |
| Today | Shop-Office | 850 sf | RM2,600 |
| 18 Oct 2023 | Shop-Office | 1,097 sf | RM2,700 |
| 28 Sep 2023 | Shop-Office | 1,808 sf | RM5,800 |
| 10 Apr 2023 | Shop-Office | 800 sf | RM1,800 |
| 16 Mar 2023 | Shop-Office | 2,250 sf | RM8,600 |
| 15 Feb 2023 | Shop-Office | 600 sf | RM2,500 |
| 28 Dec 2022 | Shop-Office | 1,000 sf | RM1,600 |
| 27 Dec 2022 | Shop-Office | 1,000 sf | RM1,800 |
| 21 Dec 2022 | Retail | 850 sf | RM1,600 |