Palma Laguna, Seberang Jaya

Palma Laguna (also known as Palma Laguna Water Park Condo) is a freehold condominium that is located in Seberang Jaya, Seberang Perai. There are 382 units available at this condominium with built-up from 945 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 around 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
Condominium
Land Tenure
Freehold
Built-up
945 sf - 1,100 sf
Market Price
RM280,000 - RM350,000
Total Units
382 Units
Completion Date
2013
Launch Price
About RM200 psf

This condominium has some amenities nearby, for example, schools and universities. The following are some of the major schools here:

The current rental yield of Palma Laguna is around 4.3%, compared to 5.03% a year ago in Q2 2022. The highest rental yield ever recorded was 5.36% in Q1 2019; 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 (built-up) combination at Palma Laguna is 3-bedroom / 1,100 sf with a median price of RM320 psf. For price wise, the most expensive one is 3-bedroom / 1,100 sf with a median price of RM320 psf; while the cheapest one is 3-bedroom / 1,040 sf with a median price of RM300 psf.

Latest Palma Laguna sale listings:

DateProperty TypeBuilt-upPrice
8 Mar 2024Condominium1,040 sfRM328,000
7 Mar 2024Condominium1,040 sfRM305,000
22 Feb 2024Condominium1,100 sfRM400,000
19 Feb 2024Condominium1,040 sfRM355,000
5 Feb 2024Condominium1,100 sfRM310,000
5 Feb 2024Condominium1,040 sfRM305,000
5 Feb 2024Condominium1,100 sfRM310,000
26 Jan 2024Condominium1,100 sfRM385,000
24 Jan 2024Condominium1,100 sfRM310,000
23 Jan 2024Condominium1,100 sfRM310,000

Latest Palma Laguna rental listings:

DateProperty TypeBuilt-upRental
4 Mar 2024Condominium1,100 sfRM2,000
26 Feb 2024Condominium1,000 sfRM950
23 Feb 2024Apartment Room-NA-RM360
23 Feb 2024Apartment Room-NA-RM280
23 Feb 2024Condominium1,000 sfRM1,100
20 Feb 2024Condominium1,100 sfRM1,250
19 Feb 2024Condominium950 sfRM1,000
19 Feb 2024Low-Cost Flat950 sfRM1,000
19 Feb 2024Condominium950 sfRM1,000
19 Feb 2024Condominium1,130 sfRM1,000
0 user comments on Palma Laguna