The Palazzo Georgetown
Discover the newest listings, rates, and best prices for The Palazzo in Georgetown.No matter if you’re looking to purchase, find a rental, or list your property, receive professional advice now.
Property Overview
The Palazzo in Georgetown is an exclusive residential development that offers a blend of modern luxury and historical charm. This prestigious property features spacious, elegantly designed units with high ceilings, premium finishes, and stunning views of the surrounding cityscape. Residents enjoy top-notch facilities including a state-of-the-art fitness center, a serene rooftop terrace, a private swimming pool, and secure underground parking.
Ideally located, The Palazzo is within close proximity to Georgetown’s vibrant dining scene, chic boutiques, cultural landmarks, and excellent schools. For those seeking a seamless commute, the property offers easy access to major transportation links.
The Palazzo caters to both homebuyers and investors with a diverse range of units. Sale prices typically range from $800,000 to $2.5 million, while rental rates start at approximately $3,500 per month. This elite address combines sophistication with the lively energy of Georgetown, making it an ideal choice for discerning individuals.
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Why Should You Choose The Palazzo, Georgetown
Transport & Connectivity
– Penang International Airport: Approximately 18 km from Georgetown, offering both domestic and international flights.
– Penang Free Ferry: Around 2 km from the heart of Georgetown, providing an affordable and scenic route across the strait.
– Komtar Bus Terminal: Central location in Georgetown, enabling easy access to public bus services across the island.
Shopping & Dining
– Gurney Plaza: Approximately 5 km from Georgetown, featuring a mix of international and local retail brands.
– Armenian Street: Located within Georgetown, known for its vibrant street art and plethora of local food stalls and cafés.
– Chowrasta Market: Around 1 km from central Georgetown, offering fresh produce, local delicacies, and souvenirs.
Healthcare
– Penang General Hospital: Approximately 3 km from Georgetown, providing a range of public health services and emergency care.
– Island Hospital: 2 km from Georgetown, a private hospital known for its specialized medical services and facilities.
– Gleneagles Penang: Around 4 km from Georgetown, offering comprehensive healthcare services with advanced medical technology.
Education
– Universiti Sains Malaysia: About 11 km from Georgetown, recognized as a leading research university in Malaysia.
– Convent Light Street: Located within Georgetown, a historic all-girls’ school offering quality education since 1852.
– St. Xavier’s Institution: Approximately 1 km from central Georgetown, one of the oldest schools in Malaysia with a strong academic record.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, desired area, and specific needs. We also handle negotiations and assist you with the property purchase journey
It depends on your needs. Brand new properties often come with developer perks like rebates and flexible payment plans, but they require a waiting period before handover. Sub-sale properties are ready to move in, allowing you to inspect the unit before buying. We can help you weigh the pros and cons based on your preferences.
You should have your identification card, salary details (salary slip/KWSP record/bank statements), and a loan approval (if needed) to expedite the process.
Aside from the initial deposit (usually a small percentage), you’ll need to consider government charges, lawyer costs, loan agreement fees, and valuation charges.
Yes! We analyze the property trends, review past transactions, and discuss terms with the property owner to get you the most favorable price.
We filter listings that match your budget and requirements, arrange viewings, and negotiate rental terms with the landlord to secure the best deal for you.
For rental properties, the tenant typically pays an service charge, which is equal to one month’s rent, depending on the lease term.}
For renting, you will need your IC or passport, recent payslips, and possibly an employment letter. You may also need to provide a security deposit and utility deposits. Some landlords may request extra documents, depending on their requirements.
You are generally required to pay a 2-month security deposit, 1-month advance rent, and a utility deposit when renting a property.
If you want to terminate your tenancy early, you could forfeit your deposit unless you arrange for a replacement tenant, as most agreements require a minimum stay.