5 Houses for Sale at Palmyra Residences
Palmyra Residences is the freehold apartment located Jln Sungai Nipah , Barat Daya, Penang. It is developed by Belleview Group. It has 2 floors and 227 units. This is one of the best places for living as well as official work because it is full of silence. Palmyra Residences has 2 parts, Maya and Nypa. Maya has 2 floors and 28 units, while Nypa has 2 floors and 199 units. Various numbers of bedrooms and bathrooms are available at various sqft as per personal demand of people. Palmyra Residences are one of the most spacious apartments in the vicinity. The area of Palmyra Residences is high priced in terms of property, so the residential places in the vicinity have congested situations. However, the issue of saturation and congestion is not present in Palmyra Residences instead Palmyra Residences is designed in a luxurious and spacious style while keeping the price-controlled. Hence, its distances and open corridors, rooms, and spaces within the unit have taken prime importance in the evaluation of this building. Furthermore, it is 227 numbers of units and most units are for a few bedrooms and bathrooms hence, this building is best for small and large families. All of these facilities are further enhanced by the peaceful and quiet environment of the house and area. Lastly, the building is ideally located near one of the busiest shopping areas. Palmyra Residences are located at the place where all the facilities of life are available just in a few minutes' distances away. The reputable schools like Tadika Asuhan Pintar, Pusat Tuisyen Aya Hidayah and Tabika Kemas Palmyra Residences are available just 1 to 2 minutes within walking distance. the hospital NovaPlace Shop 2 and Gua Penunggu are available just 12 and 15 minutes walking distance, respectively. The ATM services NK Falah Services is just few minutes away. The different malls of the area such as Jeruk Madu Balik Pulau, Jeruk Madu Maksu, and Cookies N Snack Online are located 9, 19 and 13 minutes, respectively. There are different amenities in Palmyra Residences. However, the best among all are wide and large covered car parking, good jogging track for everyone and Landscaped Garden. Palmyra Residences is developed by Belleview group. It is one of the best buildings in the area. The design of the building is very new and unique. There are totally modern interior as well as exterior designs which are totally new. The use of glass, metal, and wood is also very outstanding, which gives beautiful look and comfort to the residence. The use of glass, metal, and wood are very wisely. Palmyra Residences was launched by Belleview Group with a vision to provide the most comfortable residential places in the area. They surely succeeded to do so at a very reasonable price. The minimum price in the area is now mere RM 217 and the median price is RM 299 which are relatively reasonable prices. One can easily find a better place to live from RM 160000 to RM 300000. There are various residential places in the area at very reasonable prices. However, the best among all are Aseana Court, Botanica 5A, Botanica.CT Botanica 4 Hillside Villas, Botanica.CT Botanica 5 Semi-D, Botanica.CT Botanica 5C Bungalow and Hilir 37.
DeveloperBelleview Group
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Recent PropertyGuru search trends over the past month show the development maintaining a strong profile in Kampung Permatang Tengah, where it currently accounts for 100% of the local property searches. This high level of visibility indicates that the property is a primary focus for buyers exploring options within this specific township. Such concentrated search activity highlights the development's dominant position in the current local market landscape.
Pricing by Unit Types:- 4-Bedroom Units:
- Avg Asking Price: RM 643K
- Avg PSF: RM 359 psf (0% higher compared to Kampung Permatang Tengah average of RM 359 psf)
- Available Units: 2
Location & Lifestyle Highlights — Palmyra Residences Palmyra Residences offers a rare sense of peace and quiet with its low-density, spacious layout that stands out from the more crowded developments in the area. It is a practical choice for those who want a roomy home at a sensible price point while staying close to the essential services of Balik Pulau. Nearby hotspots: Education & Early Learning:
- SJK (CINA) TAR THONG (718m, 8-9 mins) — A nearby primary school option that makes the morning school run much easier for young families.
- SK BALIK PULAU (804m, 9-10 mins) — Conveniently located for local students to walk or take a short drive to their daily classes.
- SMK SERI BALIK PULAU (1043m, 12-13 mins) — Provides secondary education within the neighborhood, ensuring a smooth transition for growing children.
- GENTING RURAL CLINIC (1229m, 14-15 mins) — Offers essential medical check-ups and healthcare services for residents in the immediate vicinity.
- SUNGAI BURUNG RURAL CLINIC (1710m, 20-21 mins) — Provides additional community health support and medical consultations for the local area.
- PAK MID (1004m, 12-13 mins) — A local spot nearby for a quick and authentic meal without having to travel far from home.
- WARUNG BENDANG (1108m, 13-14 mins) — Great for residents looking to enjoy local flavors in a casual, neighborhood setting.
- MAKSU AYAM PENYET (1285m, 15-16 mins) — A popular dining choice for families looking for a hearty and satisfying lunch or dinner.
- POLITEKNIK BALIK PULAU (547m, 6-7 mins) — Very close by, making it an ideal location for staff or students looking for nearby housing.
- KV BALIK PULAU (896m, 10-11 mins) — Another key educational institution within walking distance, adding value for those in the academic sector.
- 7-ELEVEN (929m, 11-12 mins) — Perfect for grabbing quick snacks, drinks, or emergency supplies at any time of the day.
- KEDAI RUNCIT CHOP HUAT (1026m, 12-13 mins) — A traditional local shop that is handy for picking up daily household essentials.
- SUNGAI BURUNG HINDU TEMPLE (576m, 6-7 mins) — A nearby place of worship that serves the spiritual needs of the local community.
- MASJID KAMPUNG PAYA (1295m, 15-16 mins) — Conveniently situated for residents to attend daily prayers and community gatherings.
Market & Sale Insights
Palmyra Residences exhibits a focused market profile with recent adjustments in capital pricing and limited transaction volume.
- PSF Appreciation:RM450.537 psf → RM429.352 psf over recent years (-4.7%) from 2023 - 2025.
- Transactions:1 sale transactions in the last 12 months, showing modest sale activity.
- PG Pulse Insight: The project has seen a PSF correction of -4.7% alongside modest sale activity, suggesting a period of price consolidation for investors to monitor.
Published date: November 3, 2026













