Palma Laguna, Seberang Jaya

Palma Laguna (also known as Palma Laguna Water Park Condo) is a freehold apartment located in Seberang Jaya, Seberang Perai. There are 382 units available at this project with built-up from 1,040 sf to 1,100 sf. It was developed by Island Landcap Properties Group with a launch price at around RM200 psf, and was completed in about 2013.

Island Landcap Properties Group is a small real estate group, and it has constructed around 3 real estate projects in Malaysia. Other similar projects by the same developer are Pinang Laguna and The Miller.

Property Type
Apartment
Land Tenure
Freehold
Built-up
1,040 sf - 1,100 sf
Market Price
RM290,000 - RM310,000
Density
382 Units
Completed In
2013
Launch Price
About RM200 psf

This apartment has some amenities nearby, for example schools and universities.

The current market prices for Palma Laguna are from RM290,000 to RM310,000 (about RM260 psf); while the monthly rentals are from RM900 to RM1,200 (about RM0.87 psf). The highest median price psf ever recorded was RM347 psf in Q1 2015; while the lowest one was RM200 psf in Q1 2011.

The current rental yield of Palma Laguna is around 5.11%, compared to 3.38% a year ago in Q1 2018. The highest rental yield ever recorded was 5.14% in Q4 2016; while the lowest one was 2.91% in Q1 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Palma Laguna is 4-bedroom / 1,100 sf with a median price of RM260 psf. For price wise, the most expensive one is 4-bedroom / 1,040 sf with a median price of RM290 psf; while the cheapest one is 4-bedroom / 1,100 sf with a median price of RM260 psf.

Latest Palma Laguna for sale listings:

DateTypeBuilt-upPrice
15-Mar-19Condominium1,040 sfRM320,000
15-Mar-19Condominium1,100 sfRM280,000
14-Mar-19Condominium1,100 sfRM280,000
14-Mar-19Condominium1,040 sfRM320,000
14-Mar-19Condominium1,010 sfRM285,000
14-Mar-19Low-Cost Flat1,100 sfRM329,000
14-Mar-19Low-Cost Flat1,100 sfRM280,000
13-Mar-19Condominium1,040 sfRM285,000
13-Mar-19Low-Cost Flat1,100 sfRM280,000
12-Mar-19Condominium1,040 sfRM285,000

Latest Palma Laguna for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,040 sfRM800
15-Mar-19Condominium1,100 sfRM1,100
10-Mar-19Room In Apartment-NA-RM300
08-Mar-19Condominium1,040 sfRM900
07-Mar-19Condominium1,040 sfRM1,200
27-Feb-19Room In Apartment-NA-RM460
24-Feb-19Condominium1,000 sfRM800
23-Feb-19Condominium1,100 sfRM1,200
23-Feb-19Condominium1,040 sfRM1,400
22-Feb-19Room In Apartment-NA-RM400