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The Palazzia

Halaman Bukit Gambir, Bukit Gambier Sungai Dua, 11700 Gelugor, Pulau Pinang
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Details:

Developer

Ideal Homes Properties
Chinese ad 4621 326x150 01

Property Details

2009
(Year of Completion)
This project was completed 13 years ago
RM 700,000 - RM 900,000
RM 1,800 - RM 2,600
Built Up
From 819 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
NIL
Total Storeys
NIL
Total Units
54
Parking
Min. 1

Description

The Palazzia is the first shopping promenade to have its floor space all within a single area in Bukit Gambier, Penang. This unique lifestyle-oriented business hub is built on the hillside of Jalan Bukit Gambier. As a lifestyle commercial centre, The Palazzia is equipped with a 20,000 square feet-outdoor exhibition area alongside its shop lots. The development boasts unobstructed views of passing traffic which is an advantage for businesses. The costs for rent may not come cheap but it is a unique and contemporary development with tremendous potential.

24-hour
Security
No
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No
Eco Friendly (GBI)
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Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
The Palazzia 2009 RM 700,000 - RM 900,000 RM 1,800 - RM 2,600 NIL 3.3 %
White Lily 2012 From RM 1,200,000 NIL NIL NIL
Ideal Regency Dec 2009 RM 620,000 - RM 750,000
RM 387 psf - RM 625 psf 		RM 1,200 - RM 1,200 RM 637,857 (RM 497 psf) 2.89 %
Palm Palladium Oct 2008 RM 617,000 - RM 800,000
RM 534 psf - RM 577 psf 		RM 1,300 - RM 1,300 RM 560,000 (RM 500 psf) 2.43 %
Desa Airmas 2007 RM 548,000 - RM 618,000
RM 498 psf - RM 618 psf 		RM 600 - RM 600 NIL 1.96 %
Plaza Ivory 2004 RM 435,000 - RM 920,000
RM 340 psf - RM 611 psf 		RM 430 - RM 430 RM 274,563 (RM 548 psf) 1.8 %
Palace Hill 2004 From RM 1,950,000 NIL NIL NIL
4 For Sale in The Palazzia 1 For Rent in The Palazzia 9 For Sale in Ideal Regency 8 For Rent in Ideal Regency 6 For Sale in Palm Palladium 8 For Rent in Palm Palladium 4 For Sale in Desa Airmas 13 For Rent in Desa Airmas

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - RM 609 psf
500 - 1,000 SQ. FT RM 370 psf - RM 606 psf
1,000 - 1,500 SQ. FT RM 501 psf - -
1,500 - 2,500 SQ. FT RM 474 psf - -
2,500 - 4,000 SQ. FT - RM 565 psf -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 402 psf
Non Landed Properties
RM 438 psf
Landed Properties
RM 501 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

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Down Payment (10%) RM 70,000
Loan Amount ( 90 %) RM 630,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (819 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

Disclaimer

The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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How many units are available in The Palazzia?
We currently have 5 listings in our website.

What's the average cost of a unit in The Palazzia?
The average cost of a unit in The Palazzia is around RM 654,750.