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Property Insights & Reviews : Palmyra Residences

Palmyra Residences

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Freehold

F/H
Palmyra Residences in Balik Pulau is a residential enclave which comprises of 227 units of double-storey terrace houses and semi-detached houses. It is priced ranging from RM 373,000 and above depending on types. The properties also have built-up areas ranging between 1,625 and 2,400 sq ft. Its double storey semi-detach homes known as Maya offers spacious living for both your children and your elders combined. With only 28 units available, it also provides a low-density living for those of you who want to raise children in a healthy and peaceful surrounding. As for the double-storey terrace homes known as Nypa also designed with spacious interior, fine details with high ceilings, and extra height windows that give you breath-taking views of the gardens in this nature-enhanced development.Palmyra Residences is a project developed by Belleview Group in the Balik Pulau district in Penang, which benefits its residents from its proximity to major arterial roadways that lead to the business and entertainment centres of Penang. Apart from that, Palmyra Residences is strategically located within Balik Pulau via Jalan Balik Pulau and easily accessible through the South-West District of the Penang Island, Bayan Lepas, Relau and Paya Terubong. Some of the major roads leading to the area include Jalan Balik Pulau, Jalan Sungai Nipah and Jalan Pondok Upih.Palmyra Residences provides its residents with spacious living within lush greenery and hilly surrounding of the Balik Pulau vicinity with the most affordable pricing, giving a rare opportunity for both investors and home-makers on land-strapped Penang Island to purchase freehold landed property. In addition, Palmyra Residences also provides its residents with convenient access to public amenities and township facilities such as the new wet market, local sundry shops, banks, post office, Balik Pulau Hospital, government clinics, as well as primary and secondary schools within the vicinity. The South-West Police headquarters is also situated within distance from the area thus providing safety of the residents around the area. The place is also nearby a bus station with Rapid Penang bus service connecting the neighborhood.

Property Details

  • Name: Palmyra Residences
  • Address: Balik Pulau, Georgetown, Penang
  • Developer: Belleview
  • Type: Double-Storey Terrace & Double-Storey Semi-D
  • Tenure: Freehold
  • No. of Units:227
  • Double Storey Terrace: 199
  • Double Storey Semi-D: 28
  • No. of Bedrooms: 3 + 1
  • No. of Bathrooms: 3
  • Land Area: 1,240 sf
  • Built-up
  • Double Storey Terrace: 1,625 - 1,976 sf
  • Double Storey Semi-D: 2,400 sf
  • Launch Price: RM373,000 - RM431,900 upwards
  • Facilities

  • Covered car park
  • Jogging tracks
  • Private garden
  • Landscaped garden
  • Market Trends

    Latest transaction in Palmyra Residences, Balik Pulau

    SPA Date Address Size Price
    15/07/2015 X, JALAN SUNGAI NIPAH X 1281 ft2 660000
    16/06/2015 X, JALAN SUNGAI NIPAH X 1622 ft2 485000
    11/06/2015 X, JALAN SUNGAI NIPAH X 2400 ft2 650000
    19/05/2015 XA, JALAN SUNGAI NIPAH X 1622 ft2 505000
    14/05/2015 X, JALAN SUNGAI NIPAH X 2400 ft2 750000

    Analysis

    Palmyra Residences is one of those places that you want to settle in due to its offering of modern lifestyle amidst one of the most highly sought after and preferred location in the neighborhood of Balik Pulau along with low-density and peaceful living environment. This exclusive area would mostly catch the eye of local buyers as they prefer landed properties in Penang.

    Location