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The Palazzia

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

Developer

Ideal Homes Properties
Chinese ad 4621 326x150 01

Property Details

2009
(Year of Completion)
This project was completed 15 years ago
RM700,000 - RM900,000
RM1,800 - RM2,600
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
Pet Friendly
No
Eco Friendly (None)
Bukit Gambier
Go To Neighbourhood
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Nearby Amenities:

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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 RM700,000 - RM900,000 RM1,800 - RM2,600 NIL 3.3 %
White Lily 2012 RM1,320,000 - RM1,320,000
RM 571 psf - RM 571 psf
NIL NIL NIL
Ideal Regency Dec 2009 RM550,000 - RM820,000
RM 387 psf - RM 608 psf
RM1,200 - RM1,200 NIL 3.24 %
Palm Palladium Oct 2008 RM617,000 - RM950,000
RM 457 psf - RM 577 psf
RM1,300 - RM1,300 NIL 2.2 %
Desa Airmas 2007 RM500,000 - RM1,200,000
RM 468 psf - RM 618 psf
RM600 - RM600 NIL 1.41 %
Plaza Ivory 2004 RM435,000 - RM920,000
RM 340 psf - RM 611 psf
RM430 - RM430 NIL 2.15 %
Palace Hill 2004 RM2,330,000 - RM2,330,000
RM 665 psf - RM 665 psf
NIL NIL NIL

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 451 psf
500 - 1,000 SQ. FT RM 456 psf - RM 816 psf
1,000 - 1,500 SQ. FT RM 521 psf - -
1,500 - 2,500 SQ. FT - - RM 510 psf
2,500 - 4,000 SQ. FT - RM 2,090,000 psf -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 409 psf
Non Landed Properties
RM 139,742 psf
Landed Properties
RM 502 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:

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
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.

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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