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
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 (about RM260 psf); while the monthly rentals are from RM1,200 (about RM1.15 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 4.65%, compared to 3.58% a year ago in Q2 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 3-bedroom / 1,100 sf with a median price of RM260 psf. For price wise, the most expensive one is 3-bedroom / 1,040 sf with a median price of RM280 psf; while the cheapest one is 3-bedroom / 1,100 sf with a median price of RM260 psf.

Latest Palma Laguna for sale listings:

DateTypeBuilt-upPrice
TodayCondominium1,100 sfRM330,000
TodayCondominium1,040 sfRM330,000
21-May-19Low-Cost Flat1,100 sfRM280,000
21-May-19Condominium1,100 sfRM280,000
20-May-19Condominium1,040 sfRM290,000
20-May-19Condominium1,040 sfRM320,000
20-May-19Condominium1,100 sfRM320,000
20-May-19Condominium1,100 sfRM320,000
16-May-19Low-Cost Flat1,100 sfRM300,000
16-May-19Condominium1,040 sfRM328,000

Latest Palma Laguna for rent listings:

DateTypeBuilt-upRental
18-May-19Low-Cost Flat1,100 sfRM1,200
18-May-19Condominium1,040 sfRM950
17-May-19Low-Cost Flat1,100 sfRM950
17-May-19Condominium1,100 sfRM1,200
17-May-19Condominium1,040 sfRM1,300
02-May-19Condominium-NA-RM900
28-Apr-19Room In Apartment-NA-RM360
25-Apr-19Condominium1,040 sfRM1,500
15-Apr-19Room In Apartment-NA-RM350
10-Apr-19Condominium1,100 sfRM900