The Palazzo Georgetown
Check out the newest available units, rates, and best prices for The Palazzo in Georgetown.No matter if you’re looking to purchase, lease, or put your home on the market, get expert guidance today.
Property Overview
The Palazzo in Georgetown is an exquisite residential development boasting luxurious living spaces and a blend of modern elegance and classic charm. This high-end property features an array of well-appointed units, from spacious single-bedroom apartments to opulent multi-bedroom suites, all adorned with premium finishes and state-of-the-art appliances. Residents enjoy access to top-tier facilities, including a rooftop swimming pool, a fully-equipped fitness center, a serene garden courtyard, and 24/7 concierge services, ensuring a seamless living experience.
Strategically located, The Palazzo offers convenience and accessibility to Georgetown’s vibrant lifestyle, with trendy cafes, fine dining restaurants, boutique shops, and cultural landmarks just a short stroll away. The property is also well-connected to public transport links, making it ideal for both commuters and those who enjoy exploring the city.
The estimated price range for units at The Palazzo varies, with purchase prices generally starting from $700,000 to over $3 million, depending on the unit size and layout. Rental prices typically range from $3,000 to $12,000 per month, offering options for diverse budgets. Whether you’re looking to buy or rent, The Palazzo promises a sophisticated urban living experience in one of the most sought-after neighborhoods.
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Why Should You Choose The Palazzo, Georgetown
Transport & Connectivity
– Penang International Airport: Approximately 18 km from Georgetown, providing both domestic and international flights.
– Penang Ferry Terminal: Located about 2 km away, offering ferry services across the Malacca Strait.
– KOMTAR Bus Terminal: Around 1 km from central Georgetown, a major hub for local and intercity buses.
Shopping & Dining
– Gurney Plaza: Situated about 5 km from Georgetown, this mall features a variety of international and local brands.
– Penang Road Market: Approximately 2 km away, this vibrant market offers street food and local crafts.
– Chulia Street Night Market: Located within 1 km, famous for diverse local hawker stalls and street food.
Healthcare
– Penang General Hospital: About 1 km from central Georgetown, providing comprehensive medical services.
– Island Hospital: Located approximately 2 km away, a private hospital renowned for its specialized treatments.
– Adventist Hospital: Around 4 km from Georgetown, offering various medical and surgical services.
Education
– University of Science Malaysia (USM): Situated roughly 10 km away, one of the top public universities in Malaysia.
– St. Xavier’s Institution: Approximately 1 km from central Georgetown, a well-known secondary school with a rich history.
– Penang Free School: Located about 4 km away, the oldest English-medium school in Southeast Asia.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, preferred location, and requirements. We also handle negotiations and assist you with the property purchase journey
It depends on your priorities. Brand new properties often come with developer perks like rebates and lower upfront costs, but they require a waiting period before handover. Sub-sale properties are available immediately, allowing you to see the actual condition before buying. We can help you weigh the pros and cons based on your requirements.
You should have your identification card, salary details (payslip/EPF statement/bank statements), and a loan approval (if needed) to expedite the process.
Aside from the initial deposit (usually 10%), you’ll need to budget for stamp duty, lawyer costs, loan agreement fees, and property assessment fees.
Yes! We analyze the market, compare recent sales, and negotiate with the seller to get you the most favorable price.
We filter listings that match your budget and preferences, schedule viewings, and negotiate rental terms with the landlord to finalize the best deal for you.
For rental properties, the tenant typically pays an agency fee, which is equal to a full month’s rent, depending on the lease term.}
To rent a home, you will generally need to provide your Identity Card (IC) or passport, recent payslips or income statement, and sometimes an employment letter. Some landlords may request extra documents, depending on their requirements.
The usual deposit required is 2 months’ security, 1 month’s rent in advance, and a utility deposit.
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.