24 Houses for Sale at The Palazzo, George Town, Penang
Explore iProperty
The Palazzo is a freehold condominium in George Town, Penang. There are currently 24 listing(s) available for sale on iProperty Malaysia. The listings start from RM2M for units with 4,000 sqft.
You can search for other projects within George Town such as Springtide Homes, HelicoNia Hotel, and The Rice Miller City Residences. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying The Palazzo
Roughly 1 in 100 property searches in George Town over the last 30 days went to The Palazzo. There are 20 total units available for sale at the project. Asking prices for 4-Bedroom units are well below the George Town average, while 5+ Bedroom units are also priced well below the township average. The single 3-Bedroom unit currently listed represents just 1 of the 20 units currently available, a reflection of its rarity rather than a shift in the wider market.
Developer & Launch
The Palazzo is a Condominium located in George Town. The project reached completion in 2006.
This Freehold development consists of 15 total units within 1 building. The single building stands 17 floors high.
Top Amenities & Facilities at The Palazzo
The Palazzo provides a selection of essential facilities designed to support the daily needs and recreational activities of its residents. These on-site amenities offer convenient options for fitness, leisure, and parking within the development.
- Swimming pool
- Badminton hall
- BBQ
- Covered car park
- Gym
Pricing by Unit Type
- 4-Bedroom
- Average asking price: RM 2.33M
- Asking PSF: RM 583 psf
- vs. George Town avg. PSF: RM 766 psf (23.94% below average)
- Positioning: Budget-friendly.
- Listings: 11
- 3-Bedroom
- Average asking price: RM 3.20M
- Asking PSF: RM 800 psf
- vs. George Town avg. PSF: RM 747 psf (7.10% above average)
- Positioning: Fair value.
- Listings: 2
- 5+ Bedroom
- Average asking price: RM 3.96M
- Asking PSF: RM 598 psf
- vs. George Town avg. PSF: RM 12,142 psf (95.07% below average)
- Positioning: Below average.
- Listings: 7
Neighbourhood at a Glance
The Palazzo is situated in George Town with verified proximity to local transport and essential services. This location provides buyers with direct access to various retail, education, and healthcare facilities within the immediate vicinity.
- TRANSPORT: Gurney Hotel Bus Stop, 211 m (3 minutes walking distance)
- HEALTHCARE: Boon Pharmacy, 637 m (8 minutes walking distance)
- RETAIL: Senvic Hardware, 627 m (8 minutes walking distance)
- EDUCATION: E-Bridge Pre School, 754 m (9 minutes walking distance)
- FOOD & BEVERAGE: Kafka Coffee, 165 m (2 minutes walking distance)
- CONVENIENCE STORE: Shell Select, 151 m (2 minutes walking distance)
Past Transaction & Price Insights
The Palazzo recorded a median price of RM538 PSF during 2023. The typical transaction range for the period was between RM463 PSF and RM613 PSF.
Who It's For
Young Families
4-Bedroom and 5+ Bedroom units are priced well below the George Town average, providing spacious options for a long-term family purchase. Residents can enjoy lifestyle facilities such as a gym along with the safety of 24-hour security. E-Bridge Pre School is located 754 m away, a 9-minute walk, which keeps the daily school run simple.
Ready to Make Your Move?
20 homes are currently for sale at The Palazzo, starting from RM1,880,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.