Taman Mount Austin, Johor Bahru · Completed 2014 · Subsale
Palazio
Six 14-storey freehold blocks with 1,160 serviced apartments off Jalan Austin Perdana 3, from 420 sq ft studios to 2+1-bedroom units of about 1,100 sq ft.
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Palazio at a glance
Every figure here comes from the developer, the government housing register or the property records named at the foot of the page. Where sources disagree, the range is shown. Where nobody has published a number, it is not on this page.
Development
Palazio
Also recorded as Palazio (Pangsapuri Mayland Austin); by Mayland
Address
Jalan Austin Perdana 3
Taman Mount Austin, 81100 Johor Bahru (EdgeProp gives Jalan Mutiara Emas 9/14)
Tenure
Freehold
iProperty, PropertyGuru and StarProperty
Completed
2014
iProperty and StarProperty; PropertyGuru shows 2013 in one section, so records differ
Blocks
6 × 14 storeys
iProperty and PropertyGuru; towers are named Oakwood, Pinewood, Maple, Mulberry, Alderwood and Cedarwood
Units
1,160
iProperty, PropertyGuru, StarProperty and EdgeProp agree
Layouts
420 to 1,097 sq ft
Studio to 2+1 bedrooms; EdgeProp gives the top size as 1,098 sq ft
Foreign buyers
None
Asking prices seen are below RM1 million
Why this address
Four things buyers weigh at Palazio
A large freehold development of compact units in Mount Austin. Here is the case, and the catch.
Freehold, low entry price
iProperty showed asking prices from about RM235,000, with studio and compact layouts that suit investors and small households.
Low-rise towers
Six 14-storey blocks are lower than the 30-plus storey towers of newer Mount Austin projects.
Nearby amenities
StarProperty’s review places Sultan Ismail Hospital within about 1 km and Sunway College about 2 km away.
What to weigh: scale and a 2014 building
With 1,160 units, iProperty showed 94 for sale and 146 for rent, so supply is large. Compare several listings against EdgeProp’s recorded median of RM495 psf, and ask about repairs and the sinking fund.
The development
Palazio, decoded
Six 14-storey blocks of serviced apartments on freehold land in Taman Mount Austin, Johor Bahru.
Facilities
As listed by iProperty, PropertyGuru and StarProperty; floor levels are not published.
Water
Pools
- Swimming pool
- Jacuzzi
Active
Sports and fitness
- Gymnasium
- Tennis court
- Basketball court
- Badminton court
Residents
Shared spaces
- Sauna
- BBQ area
- Multi-purpose hall
- Reading room
- Cafeteria
- Mini market
- Launderette
- Children’s playground
- Landscaped garden
Where the project is now
Price and rent by layout
What each layout is asking at Palazio
Asking prices and rents seen on PropertyGuru in October 2026, matched to each layout by size. Asking prices are not sale prices; compare them with the recorded transactions above.
| Layout | Size | Asking price | Asking rent | Listings |
|---|---|---|---|---|
| – | about 400–500 sq ft | RM235,000–280,000 | RM1,300–1,500/mo | 29 |
| – | about 500–600 sq ft | RM270,000–348,000 | RM1,100–1,600/mo | 6 |
| – | about 1,050–1,150 sq ft | – | RM2,200–2,400/mo | 6 |
Free PDF: JB Condo Prices & Rents 2026
Recorded prices and rents for 122 JB condos, plus asking prices, rents and yields by area. Compare this project with its neighbours before you make an offer. What is inside
Location & connectivity
Where Palazio sits
Off Jalan Austin Perdana 3, Taman Mount Austin, 81100 Johor Bahru, Johor.
The recorded numbers
The price numbers
Recorded sales and asking prices are different things. Transacted figures come from deals recorded with the government valuation department; asking figures are what owners or the developer are listing at.
| Measure | Figure | Source and date |
|---|---|---|
| Transacted price median, last 48 months | RM495 psf · typical RM427–568 psf | EdgeProp, viewed Oct 2026 |
| Asking price for sale, all sizes | From about RM235,000 | iProperty and PropertyGuru, Oct 2026 |
| Asking rent whole units | From about RM1,100–1,250 a month | PropertyGuru and iProperty, Oct 2026 |
The transacted row is EdgeProp’s record of completed sales over 48 months, with an implied gross yield of about 9.54%, which looks high and should be checked against current rents; EdgeProp does not state the number of sales. Sale and rent rows are asking prices seen in October 2026, not transactions, and the portals’ rent floors differ. Distances come from a StarProperty review and are approximate.
Track record
About Mayland (Malaysia Land Properties Sdn Bhd)
iProperty and PropertyGuru record Palazio as a development of Malaysia Land Properties Sdn Bhd (Mayland Group), while EdgeProp and StarProperty name Mayland Austin.
iProperty and StarProperty give 2014 as the completion year; PropertyGuru shows 2013 in one section.
Around the building
What is near Palazio
The closest places on the map, measured in a straight line from the building. Driving distances are longer.
🚉 Getting around
- Johor Jaya Express Bus Terminal~1.5 km
- Johor Jaya Square~1.5 km
🛍️ Malls
- AEON Mall Tebrau City~1.2 km
- Toppen Shopping Centre~1.5 km
- The Store~1.9 km
🎓 Schools
- Sekolah Agama Asy-Sya’rawi Taman Mount Austin~400 m
- Sekolah Menengah Kebangsaan Taman Mount Austin~1.1 km
- Sekolah Jenis Kebangsaan (C) Foon Yew 5~1.3 km
- Austin Heights Schools~1.3 km
🏛️ Colleges and universities
- Sunway College Johor Bahru~1.5 km
- Crescendo International College~3.1 km
- KPJ International College Johor Bahru~5.7 km
🏥 Hospitals
- Sultan Ismail Hospital~600 m
- JB Specialist Hospital~1.9 km
- Pusat Pakar Bersalin Tebrau~2.0 km
Map data © OpenStreetMap contributors. Names as recorded on the map; check opening and enrolment details yourself.
Is it for you?
Which kind of buyer are you?
The same building suits different people for different reasons. Pick the line that sounds like you.
🏠 Living here yourself
Ask me which stacks get the better view and the least afternoon sun; that changes the price more than the floor.
💰 Buying to rent out
Compare the recorded rents in "The price numbers" above with the instalment on your loan. Smaller layouts usually rent faster; larger ones hold tenants longer.
👨👩👧 Family with children
Check the school and clinic distances in the location section, the number of car parks per unit and how busy the lifts are at 7.30 am.
✈️ Buying from overseas
Foreigners can only buy above the state minimum price (RM1 million in Johor) and pay 8% stamp duty from 2026. Ask me which units here qualify before you shortlist.
Straight talk
What I will not hide from you
Every project has trade-offs. These are the ones I would want to know before paying a deposit.
- ⚠️ More than ten years old. Ask for the last AGM minutes and how much maintenance owners still owe; arrears show up as poor upkeep later.
- ⚠️ Serviced apartments usually sit on commercial land. Utility tariffs and some loan terms can be less favourable than for a residential title.
- ⚠️ Most asking prices here are below RM1 million, so most units cannot be sold to foreigners in Johor. On resale, your buyers will mainly be locals.
- ⚠️ Asking prices are not sale prices. Compare any offer with the recorded transacted price per sq ft above before you commit.
The real cost
What buying here costs in 2026
Worked example for a unit at RM240,000, around the typical asking price here. Your figures will differ with the price and the bank.
| Malaysian buyer (90% loan) | Foreign buyer (70% loan) | |
|---|---|---|
| Purchase price | RM240,000 | RM240,000 |
| Down payment | RM24,000 | RM72,000 |
| Loan amount | RM216,000 | RM168,000 |
| Stamp duty on transfer (MOT) | RM3,800 | RM19,200 |
| Stamp duty on loan (0.5%) | RM1,080 | RM840 |
| Lawyer, sale agreement (incl. 8% SST) | RM3,240 | RM3,240 |
| Lawyer, loan agreement (incl. 8% SST) | RM2,916 | RM2,268 |
| Cash needed before keys | RM35,036 | RM97,548 |
| State consent fee for foreigners | – | 3% of the price or RM30,000 (Johor) |
Estimates only. Stamp duty: 1–4% tiers for Malaysians and PRs, 8% flat for foreigners from 1 Jan 2026. Legal fees follow the Solicitors’ Remuneration Order 2023. First-time Malaysian buyers of homes up to RM500,000 may get a stamp duty exemption until 2027. Valuation, disbursements and moving costs are not included.
Get these numbers for a real unitCalculate my exact costs →Straight answers
Frequently asked questions
How many units are there and what sizes?
There are 1,160 units in six 14-storey blocks. Layouts run from studios of about 420 sq ft to 2+1-bedroom units of about 1,097 sq ft, according to iProperty and EdgeProp.
Is Palazio freehold?
Yes. iProperty, PropertyGuru and StarProperty all record freehold tenure.
Can a foreigner buy here?
In Johor a foreign buyer generally needs to pay at least RM1 million per residential property, with state consent from the Johor Land and Mines Office. Since 1 July 2025 Johor charges foreign buyers a consent levy of 3% of the price or RM30,000, whichever is higher, and stamp duty on transfers to foreigners is a flat 8% from 1 January 2026. Bumiputera lots, low-cost and affordable units, Malay Reserve land and single or one-and-a-half-storey terraces are closed to foreigners. Asking prices seen at Palazio start from about RM235,000 and the largest unit is about 1,097 sq ft, so a foreign buyer would not normally meet the state minimum here.
How much does a unit rent for?
iProperty and PropertyGuru listings in October 2026 start from about RM1,250 and RM1,100 a month respectively; the rate depends on size and furnishing.
Berapa harga Palazio?
Harga transaksi median ialah RM495 sekaki persegi (EdgeProp, 48 bulan terakhir). Harga tawaran bermula sekitar RM235,000. Hartanah ini pegangan bebas dan siap pada 2014.
Palazio 价格多少？租金多少？
根据EdgeProp，过去48个月成交中位价约每平方尺RM495；挂牌价约RM23.5万起，月租约RM1,100至RM1,250起。永久地契，2014年完工。
Which schools are near Palazio?
On map data, the nearest schools are Sekolah Agama Asy-Sya’rawi Taman Mount Austin (~400 m), Sekolah Menengah Kebangsaan Taman Mount Austin (~1.1 km), Sekolah Jenis Kebangsaan (C) Foon Yew 5 (~1.3 km). Distances are straight-line from the building.
Is there a train or bus station near Palazio?
The nearest stations on map data are Johor Jaya Express Bus Terminal (~1.5 km), Johor Jaya Square (~1.5 km).
What is the nearest hospital and mall to Palazio?
The nearest hospital on map data is Sultan Ismail Hospital (~600 m), and the nearest mall is AEON Mall Tebrau City (~1.2 km).
How much cash do I need to buy at Palazio?
For a unit at RM240,000,, a Malaysian buyer with a 90% loan needs about RM35,036 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM97,548, before the state consent fee. The full table is in "What buying here costs in 2026".
Compare
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Same area first, then a similar budget. Chosen so you can compare the numbers yourself, not for which one pays the agent more.
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Austin Regency
Freehold, about 1,200 serviced apartments in four blocks, completed 2019. Recorded median about RM414 psf.
View project →Mount Austin, Johor Bahru
Austin Suites
Freehold, 460 serviced apartments in one 21-storey block, completed 2014. Recorded median about RM425 psf.
View project →Get the current price list and units available at Palazio
Prices move and the better units go first. Tell me your budget and whether you are buying to live in or to rent out, and I will send back the units that fit, not a generic brochure.
Buying, selling or renting: one conversation, no obligation.
Jason Lim
10 years in Malaysian property · Johor Bahru & Kuala Lumpur · REN 84424 · IQI Realty Sdn. Bhd. E (1) 1584/6
I work with local families, investors and buyers from Singapore and overseas. If a project is not right for what you need, I will say so; that is usually worth more than the brochure.