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Palazio is a high density serviced apartment nestled in the neighbourhood of Taman Austin Perdana. Surrounded by several matured residential neighbourhoods and a wide variety of amenities, residents of this area are promised a convenient lifestyle. Separated into three phases which totals to 6 blocks, the residential blocks are named as Oakwood, Pinewood, Maple, Mulberry, Alderwood and Cedarwood.
Sunway College is situated within the vicinity, hence the student market is deemed to be a good target for rental income. However, as this serviced apartment development is amongst the pioneer of serviced apartments in this area, there are apprehensions that the residents of Johor Bahru are still not keen on small residential units as land in the state is aplenty and landed properties are still considered to be reasonably affordable.
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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 (%) |
---|---|---|---|---|---|
Palazio | 2014 |
RM185,000
-
RM430,000
RM 298 psf - RM 541 psf |
RM700 - RM700 | NIL | 4.94 % |
Austin Regency | Mar 2015 |
RM250,000
-
RM480,000
RM 255 psf - RM 560 psf |
RM900 - RM900 | NIL | 4.86 % |
Austin Suites | Dec 2014 |
RM250,000
-
RM550,000
RM 323 psf - RM 520 psf |
RM1,000 - RM1,000 | NIL | 4.63 % |
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 | - | - | - |
500 - 1,000 SQ. FT | - | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 18,900 |
Loan Amount ( 90 %) | RM 170,100 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
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.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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