Puteri Palma, IOI Resort City
Puteri Palma (also known as Puteri Palma 1) is a freehold apartment located in IOI Resort City, Putrajaya. There are 198 units available at this project with built-up from 1,400 sf to 1,410 sf. It was developed by IOI Properties Group Bhd.
IOI Properties Group Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has developed about 140 property projects in Malaysia. Other similar projects by the same developer are Almyra Residences, D'Summit Residences, Impian Heights, La Thea Residences, Marina Cove, PJ Midtown, Regency Heights, Sky Condominium, Skypod Residences and The Platino.
This apartment is not very ideal for own stay or investment, as it has no amenities around.
The current market prices for Puteri Palma are from RM690,000 (about RM490 psf); while the monthly rentals are from RM1,900 to RM2,700 (about RM1.57 psf). The highest median price psf ever recorded was RM593 psf in Q1 2016; while the lowest one was RM333 psf in Q2 2010.
The current rental yield of Puteri Palma is around 3.05%, compared to 4.62% 5 years ago in Q3 2014. The highest rental yield ever recorded was 6.0% in Q1 2014; while the lowest one was 3.05% in Q3 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Puteri Palma is 3-bedroom / 1,410 sf with a median price of RM490 psf. For price wise, the most expensive one is 3-bedroom / 1,410 sf with a median price of RM490 psf; while the cheapest one is 3-bedroom / 1,400 sf with a median price of RM490 psf.
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