Palazio is a high density serviced apartment nestled in the neighbourhood of Taman Austin Perdana. Surrounded by several matured residential neighbourhoods and a wide variety of amenities, residents of this area are promised a convenient lifestyle. Separated into three phases which totals to 6 blocks, the residential blocks are named as Oakwood, Pinewood, Maple, Mulberry, Alderwood and Cedarwood. Sunway College is situated within the vicinity, hence the student market is deemed to be a good target for rental income. However, as this serviced apartment development is amongst the pioneer of serviced apartments in this area, there are apprehensions that the residents of Johor Bahru are still not keen on small residential units as land in the state is aplenty and landed properties are still considered to be reasonably affordable.