128 Houses for Sale at Palazio
Palazio is a freehold, high-density service residence located off Jalan Austin Perdana 3, Johor Bahru, Johor. This modern-design project was developed by Malaysia Land Properties Sdn. Bhd. in three phases. The first phase consists of Oakwood and Pinewood, the second phase has Maple and Mulberry, and the third phase consists of Alderwood and Cedarwood. Palazio is among the serviced apartment pioneers in Tebrau, Johor Bahru and has been home to many who consider convenience as a key factor in their lifestyles. Its proximity to Sunway College and the fact that the rental prices of the units are very fair for low-income earners due to the relatively small built-up areas make the property an ideal residence for the students of the college. Better yet , the wide array of facilities including a gym, Jacuzzi, badminton court, sauna, kid’s playground, multi-use hall, swimming pool, barbeq ue pits, tennis court, basketball and mini-mart, increases its rental as well as purchase demand. Palazio apartment is a convenient place to stay, especially for young families or singles working in or near Johor Bahru city centre, thanks to its connection to major roads. Besides, public means of transport are available in the vicinity, and this makes commuting to and from the property easy even for those people who don’t have personal cars. Standing along Jalan Austin Perdana 3, about 10 kilometres from Johor Bahru city centre, Palazio is easily accessible through to Jalan Mutiara Emas Utama as well as Jalan Pandan, the latter further connecting it to Pasir Gudang Highway. Being a six-minutes walk to a taxi stand and 18 minute walk to Johor Jaya Bus Terminal, the accessibility of the property is easy even when one doesn’t have a private means of transport. This service residence is in proximity to numerous amenities, including education institutions, places of worship (mosques and churches), recreational venues like Austin Hill Golf Course, Hospital Sultan Ismail, and shopping venues. Standing on freehold land, Palazio was developed in three phases and contains 1,160 units in total housed in its six 14-storey tall blocks. The construction of Palazio was completed in 2014, and the development was done in three phases. - Oakwood (Phase 1) - Pinewood (Phase 1) - Maple (Phase 2) - Mulberry (Phase 2) - Alderwood (Phase 3) - Cedarwood (Phase 3) Some units are small, each with a total built-up size of 484 sq ft, while others are medium-size, each having a total built-up size of 1,097 sq ft. In a nutshell, the units come in five different layouts; A1, A2, A4, B2, and C1. - Studio (484 sq ft ) - Studio (484 sq ft ) with balcony - Studio (538 sq ft ) - 2 + 1 Room (1,097 sq ft ) Units in this service residence come with built-up areas ranging from 484 sq ft -1,097 sq ft , each of them equipped with a bathroom or 2. Life in this property is marked with great convenience as the residents are spoilt with a wide range of facilities including gym, Jacuzzi, badminton court, sauna, kid’s playground, multi-use hall, swimming pool and barbeque pits. Additionally, the development is near many amenities including schools and places of worship to restaurants and supermarkets. The nearest education institutions include SMK Taman Desa Tebrau, Austin Heights Schools, Sekolah Jenis Kebangsaan (T) Ladang Mount Austin, SMK Taman Mount Austin, SK Taman Daya 3, SMK Taman Pelangi Indah, SK Kangka Tebrau and Sunway College is also nearby. Some of the well-known clinics nearby are Sultan Ismail Health Clinic, Family Health Clinic, MyClinic, Kempas Medical Centre and many more. There are many shopping malls nearby the development, such as Toppen Shopping Centre, The Mall Mid Valley Southkey, AEON Mall Tebrau City, Giant Plentong Mall and many more. Some of the famous restaurants nearby Palazio includes: Mexicano House Basilico Restaurant One Two Eat Cafe Mount Austin Masala Grill Cuisine Mizu Restaurant Warakuya Japanese Restaurant The developer of this fantastic development is Malaysia Land Properties Sdn. Bhd. (Mayland Group of Companies). Some of their well-known projectsinclude Hampton Damansara, Dorsett Residences Sri Hartamas and One Stonor. The launch prices of the units range from RM98,888 to RM259,484. The first people to buy units in this property were given a price discount of 10%. That’s not the only luck the initial buyers had; those who were interested in owning a unit here before the project was completed were required by the developer to pay a booking fee of RM2,000 as part of the Developer Interest Bearing Scheme (DIBS). They’d then finalis e the payments later upon the completion of the development. Some of the developments nearby the Palazio apartment are Precinct Arista 2 @ Taman Gaya, Rini Homes 7, Taman Sutera Utama, TUTA Villa III @ Taman Ungku Tun Aminah, Iconia Garden Residence @ Taman Impian Emas and The Garden Residences.
DeveloperMalaysia Land Properties Sdn. Bhd.
Explore PropertyGuru
Drawing on 30 days of PropertyGuru search activity, recent search activity highlights the project's visibility, showing a 19.5% share of local searches within Taman Mount Austin. This level of buyer interest indicates that the development remains a prominent choice for those exploring residential options in the township, maintaining a competitive profile in the current market.
Most-searched Units: 3-BedroomPopular preferences: Balcony, Gym
Pricing by Unit Types:
- Studio Units:
- Avg Asking Price: RM 261K
- Avg PSF: RM 553 psf (2.98% higher compared to Taman Mount Austin average of RM 537 psf)
- Available Units: 56
- 1-Bedroom Units:
- Avg Asking Price: RM 280K
- Avg PSF: RM 560 psf (4.4% higher compared to Taman Mount Austin average of RM 537 psf)
- Available Units: 7
- 3-Bedroom Units:
- Avg Asking Price: RM 413K
- Avg PSF: RM 376 psf (17.86% lower compared to Taman Mount Austin average of RM 457 psf)
- Available Units: 32
- 4-Bedroom Units:
- Avg Asking Price: RM 729K
- Avg PSF: RM 521 psf (1.46% higher compared to Taman Mount Austin average of RM 513 psf)
- Available Units: 1
Location & Lifestyle Highlights — Palazio 637m (7-8 mins) to HOSPITAL SULTAN ISMAIL, JALAN MUTIARA EMAS UTAMA — This nearby transit point provides a reliable link for residents to navigate the Tebrau area and connect to the wider Johor Bahru transport network. Palazio offers a practical and vibrant living environment in the heart of Tebrau, specifically designed to cater to students and young families who value having a wide range of recreational facilities right at their doorstep. Its location near major roads and essential services makes it a standout choice for those seeking an affordable yet well-connected home in Johor Bahru. Nearby hotspots: Bus Stops:
- HOSPITAL SULTAN ISMAIL, JALAN MUTIARA EMAS UTAMA (637m, 7-8 mins) — Convenient boarding point for daily commuters looking for an easy way to get around the neighborhood.
- AEON TEBRAU / OPPOSITE IKEA (1918m, 23-24 mins) — Strategic stop that connects residents to one of the most popular shopping and leisure hubs in the region.
- SEKOLAH AGAMA ASY-SYA'RAWI TAMAN MOUNT AUSTIN (949m, 11-12 mins) — Religious education facility located within a reasonable walking distance for local families.
- SMK TAMAN MOUNT AUSTIN (1685m, 20-21 mins) — Secondary school option that serves the growing student population in the Mount Austin area.
- BRAINY BUNCH - DESA TEBRAU (1712m, 20-21 mins) — Early childhood education center providing specialized learning programs for young children nearby.
- TKM CHINESE MEDICINE (400m, 4-5 mins) — Traditional healthcare services available just a short walk away for holistic wellness needs.
- MEDIC STORE (521m, 6-7 mins) — Handy local supplier for medical equipment and health-related necessities.
- FARMASI NEW LIFE (573m, 6-7 mins) — Nearby pharmacy ensuring residents have quick access to prescriptions and daily healthcare products.
- PASAR MINI 99 SPEEDMART (993m, 11-12 mins) — Reliable mini-market for picking up daily household essentials and groceries without a long drive.
- HEROMARKET (1582m, 19-20 mins) — Full-service supermarket offering a wide variety of fresh produce and pantry staples for weekly shopping.
- TESCO TEBRAU CITY (1709m, 20-21 mins) — Major retail destination providing extensive shopping options from electronics to home goods.
- KFC CARREFOUR JOHOR BAHRU (232m, 2-3 mins) — Quick and familiar fast-food option located just minutes from the residence for an easy meal.
- RESTORAN YOONG LEI (389m, 4-5 mins) — Local dining spot perfect for residents looking for a casual meal close to home.
- RESTORAN SAFFRON HOUSE (434m, 5-6 mins) — Nearby eatery offering diverse flavors for those who enjoy dining out in the immediate neighborhood.
- MBSB BANK (658m, 7-8 mins) — Accessible banking services located nearby to handle personal financial transactions with ease.
- BANK MUAMALAT (1743m, 20-21 mins) — Additional financial institution in the vicinity providing more banking choices for the community.
- 7-ELEVEN (477m, 5-6 mins) — Round-the-clock convenience for snacks, drinks, and last-minute essentials just a short stroll away.
- SHELL (583m, 6-7 mins) — Nearby petrol station that also serves as a quick stop for basic travel necessities.
- MONTESSORI HOUSE (828m, 9-10 mins) — Early learning center focusing on the Montessori method for parents seeking quality preschool education nearby.
- YONG'S KINGDOM (1222m, 14-15 mins) — Local preschool providing a dedicated environment for early childhood development and care.
Market & Sale Insights
Palazio demonstrates a positive capital growth trend with a steady increase in median price per square foot over recent years.
- PSF Appreciation:RM473.348 psf → RM489.804 psf over recent years (+3.48%) from 2023 - 2025
- PG Pulse Insight: The project has maintained consistent PSF growth of +3.48%, indicating a stable upward trajectory for property values.
Published date: October 17, 2026






















