Mont Residence

Mount Erskine, 10470 Tanjung Tokong, Penang
Condominium
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Details:

Developer

Developer of Mont Residence, VST Group of Companies
VST Group of Companies
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Chinese ad 4621 326x150 01

Facilities

Jacuzzi
Infinity lap pool
Aqua gym
Hanging gym
Pavilion area
Cafe
Outdoor event area
Putting green area
Sunbed area
Infinity pool
Resting pavilion
Children playground
Herbs garden
Gathering area
Children pool
Waiting lounge
Study room
Day care centre
Multi-hall
AV room
BBQ deck
Sky deck
Roof top garden
Sitting deck
Meeting / Conference room ready
Gourmet al-fresco dining

Property Details

2018
(Year of Completion)
This project was completed 3 years ago
From RM 980,000
Built Up
From 1,226 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
2
Total Storeys
38
Total Units
473

Description

Mont Residence in Mount Erskine, Tanjung Tokong is a two-block, 38-storey project about ten minutes away from the city centre of Georgetown. Standard units have a built-up area of 1,226 sf and come with three bedrooms and two bathrooms, as well as an open plan living area.

It is evident that the developers paid tremendous attention to detail during the planning stage. Mont Residence is oriented along a northeast-southwest axis, with its back facing a mountain and front facing the Tanjung Tokong coastline and Straits Quay harbour. Thanks to its orientation, many residents are able to experience the gentle warmth of the morning sun illuminating the interiors of their homes.

Although Mont Residence is situated within the busy Tanjung Tokong, the developers designed it to have the peaceful, exclusive environment of a truly secluded property. A grand, leafy entrance arch and rippling water features welcome residents and guests alike as they enter the compound.

Recognising that security is of utmost importance for modern-day residents in Malaysia, Mont Residence requires verification at several points – the main guard house, entrance to lift lobby, entrance to car park and within the lift itself.

When it comes to amenities, this is where Mont Residence really shines. Housed in a sleek glass box overlooking the infinity pool, the 2,000 sf hanging gym offers gym-goers the chance to savour the view of the sky and sea merging into an expanse of blue or watch the sun disappear beyond the sea’s horizon. Below the gym, piers jut out over the pool, so that one is surrounded by water when lounging on the deck.

Busy residents can mix business and leisure, conducting formal meetings at the conference room on the twentieth floor while the adjoining gourmet al-fresco dining area is the perfect spot for lunch meetings. A putting green area, day care centre and study room are just several more of the extensive facilities available.

With its strategic location in the matured Tanjung Tokong suburb, daily activities like grocery shopping, entertainment and schooling are within easy reach. Considering the aforementioned factors, Mont Residence is expected to be a much sought-after address by discerning buyers.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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Floor Plans:

Bedrooms 3
Bathrooms 2
Category Condominium
Built Up 1226 SQ. FT

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Nearby Amenities:

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Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Mont Residence 2018 RM 580,000 - RM 980,000
RM 570 psf - RM 828 psf
RM 1,200 - RM 1,200 NIL 2.92 %
The Latitude May 2015 RM 780,000 - RM 1,200,000
RM 512 psf - RM 750 psf
RM 1,700 - RM 1,700 RM 809,500 (RM 540 psf) 2.88 %
Taman Bukit Erskine 2014 RM 260,000 - RM 310,000
RM 392 psf - RM 476 psf
RM 650 - RM 650 NIL 3.47 %
One One Eight 2012 RM 499,000 - RM 850,000
RM 731 psf - RM 785 psf
RM 1,800 - RM 1,800 RM 435,000 (RM 690 psf) 4.09 %
Fettes Residences June 2011 RM 1,100,000 - RM 2,000,000
RM 604 psf - RM 1,000 psf
RM 2,800 - RM 2,800 RM 1,196,500 (RM 545 psf) 3.25 %
The Peak Residences 2011 RM 520,000 - RM 1,900,000
RM 389 psf - RM 690 psf
RM 1,250 - RM 1,250 RM 536,800 (RM 523 psf) 1.71 %
Fettes Park 2011 RM 700,000 - RM 950,000
RM 775 psf - RM 791 psf
NIL RM 1,509,947 (RM 346 psf) NIL

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - RM 582 psf
500 - 1,000 SQ. FT RM 562 psf - RM 527 psf
1,000 - 1,500 SQ. FT RM 530 psf - RM 631 psf
1,500 - 2,500 SQ. FT RM 559 psf - -
2,500 - 4,000 SQ. FT - RM 492 psf -
4,000 SQ. FT and above - RM 352 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 506 psf
Non Landed Properties
RM 570 psf
Landed Properties
RM 520 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 98,000
Loan Amount ( 90 %) RM 882,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (1,226 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

Disclaimer

The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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