The Palazzia

Jalan Bukit Gambir, Gelugor, Penang

RM 713,000


sqft (floor)

1,087

sqft (floor)

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RM 656

psf (floor)


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Property details

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Shop / Office for sale
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Completed in 2009
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Freehold tenure
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Listed on 25 Sep 2025
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Listing ID - 60301521
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1,087 sqft floor area

About this property

Stratified Commercial Space - The Palazzia, Penang

Stratified Commercial Space
Property Address: The Palazzia, Jalan Bukit Gambir, 11700 Gelugor, Penang

- Ample parking space
- Located at strategic commercial location
- High foot traffic area (Facing main road with excellent investment opportunity)
- Mature location with high visibility
- Surrounded by mixed Development (Commercial + Residential Units Above)
- High Rental Demand for Commercial Units
- Well-connected to Penang Bridge
- Situated near popular amenities including Lotus’s Sungai Dua, Mixue Sungai Dua, McDonald's Desa Universiti and other convenience stores
- Easily accessible via Jalan Bukit Gambir, Jalan Universiti & Jalan Sultan Azlan Shah

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Common facilities
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24 hours security

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Covered car park

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Multi-purpose hall

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Playground

Estimated mortgage
Mortgage breakdown
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RM 0 Loan amount at 0% Loan-to-value

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The Palazzia

The Palazzia is a freehold shop/office development. The project is located at Jalan Bukit Gambir in Timor Laut (Island), Penang. The Palazzia was completed in 2009 with a total of 54 units available. The project was completed by Ideal Property Group, a big sized property development that has developed around many other property projects in Malaysia. The Palazzia is located close to Timor Laut town as it is only a 15 to 20 minutes drive away via Lebuhraya Tun Dr Lim Chong Eu and Jalan Bukit Gambir. There are also public transports that can be used to get to The Palazzia with ease. There are other public transports that lead to The Palazzia. The closest bus stops are located at Petronas, University Sains Malaysia and Jabatana Pembangunan. There are several other amenities in the surrounding area as well such as schools, supermarkets, restaurants and many more. The closest schools are SMK Bukti Jambul, Universiti Sains Malaysia and Elizabeth Ballet Academy. The closest supermarkets are 99 Speedmart, Eco Grocer and Kim Hor Fresh Market. There are also some pharmacies and clinics nearby in case of medical emergency which are Putra Poliklinik, Poliklinik Perdana and Klinik Neoh. There are a few restaurants tenants can get their meal from such as N Jawi Food Corner, Pak Asian Food and Kaffa Kaffe. The Palazzia is a shop/office development that has a variety of shops lining the roads. There are also facilities that customers and employees can make use of. Among the facilities are the covered car parks that can help reduce the time taken to find parking spaces especially when running late. The business centre is not far from The Palazzia and there is a playground in the vicinity of The Palazzia to keep the little children entertained. The development comes equipped with 24 hours security system as well. Not much is known regarding the launching details of The Palazzia. However, there are a variety of sizes and prices in The Palazzia that may interest tenants. Tenants can browse through and pick out the ones that fit their taste the best. There are a variety of sizes for the units in The Palazzia that may be of interest to tenants. The size for the units in The Palazzia ranges between 740 square feet to 1,097 square feet. Tenants can choose the ones they prefer the most. There have been other projects that were developed by the same developer of The Palazzia. Among the projects are Fiera Vista, Tree Sparina @ Ideal Vision Park and One Imperial. There are other projects in the surrounding area of The Palazzia that may be of interest to customers, tenants and employees. Among the projects that can be looked at are The Tamarind @ Seri Tanjung Pinang, Quayside, The Light Collection II, The Golden Triangle, Andaman @ Quayside and The Light Linear @ The Light Waterfront.

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FAQs
The unit for sale in Gelugor, Penang is RM 713,000.
No.
Jalan Bukit Gambir, Gelugor, Penang.
The estimated loan repayment amount is RM 3,063 / mo.
The completion date is in 2009.