Renowned for its commitment for providing the country with best valued properties, Mayland continues to cement its “builder of better tomorrow” reputation through its collection of flagship and other completed projects. One of which is Palazio, a serviced apartment development, situated in Tebrau within the fast growing Johor Bahru. Other flagship projects joining Palazio in Mayland’s portfolio are more serviced apartments including the Plaza Damas apartments (Dorchester, Mayfair, Waldorf and Windsor), Regalia and Park Regency.
Situated along Jalan Austin Perdana 3, Palazio neighbours similar developments within the Taman Mount Austin area including Austin Suites, Austin Regency and Perdana Apartment. Also right next to the apartment project is Austin 18 further cementing this particular part of Johor Bahru as an ideal setting for a perfectly balanced life, work and play lifestyle.
A Thousand and More Choices
With 1,160 units to offer, Palazio is definitely a high density serviced apartment catering to today’s modern generation. The development is all about providing convenience within reach where work and play coincide in a seamless blend. Units of said apartment are housed within 6 blocks and the entire project was master planned to be completed in three phases.
Designed for a diverse group of urbanites, from singles to young professionals, couples and modern families, Palazio has a range of layout designs to choose from. Built-up size also vary accordingly offering modest and comfortable options. Areas measure from 484 to 1,097 sq.ft. Categorized according to size, some of the choices are as follows:
- Type A1 – 500 sq.ft.
- Type A2 – 500 sq.ft.
- Type B2 – 538 sq.ft.
- Type C1 – 1,094 sq.ft.
Selling price for Palazio units may start from RM210,000 onwards while rental is at a minimum of RM2,000 per month. To check if these figures are in sync with the property’s fair market value, grab our free ebook guide right here.
Modern Design Meets Functionality
Allowing for modern elegance to meld with functionality, Palazio boasts a collection of useful and modern lifestyle facilities. General features include covered parking for each unit as well as round the clock security for the entirety of the apartment. Security is ramped up a notch with CCTV surveillance allowing residents to sleep soundly at the night.
Other facilities cater to fitness, leisure and relaxation needs which include a swimming pool, gymnasium, Jacuzzi, barbecue area and landscaped garden. There are also dedicated areas for basketball, tennis and badminton as well as a children’s playground for the young ones to run around in.
Surrounded with Ready Amenities
To further keep up with today’s fast paced and hectic lifestyle, Tebrau in Johor Bahru is surrounded with ready amenities. Retail therapy is easily satisfied through several shopping complexes including Tesco, Carrfor, Jusco Tebrau City Mall and AEON amongst others. Medically, residents can go to Sultan Ismail Hospital while the popular Austin Hill Golf Course takes care of recreation.
Strategically located in Jalan Austin Perdana 3, Palazio in Tebrau is easily accessible via the main arteries Jalan Pandan and Mutiara Emas. From here, residents can access major highways including Pasir Gudang which further connect the area to other major destinations. This means quick access to more amenities and facilities sealing the location’s status as a rapidly developing area. Consequently, fast growth implies high potential for capital appreciation or rental yield making Palazio in Johor Bahru a good investment option for discerning investors.
Inspired by nature and modern functionality, Palazio is an urban paradise of sort where residents can indulge in convenience while enjoying a nature-friendly surroundings akin to an oasis. And if you wish to experience this distinctive promise, you may want to check the property’s fair market value first. To start you along, below is our price valuation guide which you can download for free.