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2,000 2,000,000
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The Peak Residences

Lebuh Halia 1, Off Jalan Mount Erskine, Tanjung Tokong, 10470 Penang
Condominium
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Details:

Developer

Developer of The Peak Residences, Ivory Properties Group Berhad
Ivory Properties Group Berhad
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Chinese ad 4621 326x150 01

Facilities

Multipurpose hall
Games room
Covered car park lot
Infinity lap pool
Wading pool
Jacuzzi
Gymnasium
Outdoor exercise station
Jogging path
Reflexology path
Sun-bathing deck
Barbecue area
Shower pit
Landscaped garden area / Pocket garden
4 seasons garden
Rooftop garden
Viewing spot area
Seating and relaxing area
Outdoor library
Water features
Cascading waterfall
Drop off zone
Children's Playground

Property Details

2011
(Year of Completion)
This project was completed 13 years ago
RM503,010 - RM1,650,000
RM1,100 - RM3,200
RM0.20psf
Built Up
1,000 SQ. FT - 3,850 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
3
Total Storeys
38
Total Units
600
Parking
Min. 1

Description

The Peak Residences is one of the luxurious residential developments sitting in the vicinity of Tanjung Tokong, Penang. Spread out upon 13.7 acres of land, this high rise residential block that is situated 500 feet above sea level enables residents to enjoy the magnificent city view from its 20,000 sf rooftop garden, which also links the three residential blocks.

With its impressive and modern architecture, this development that comprises three high rise condominiums provide a luxurious lifestyle with its facilities. Of the many facilities available is a swimming pool, rooftop garden and water features. Developed by a renowned developer on the Penang Island, this will be the best place for growing families, and with the bigger units, multigenerational families as well.

With close proximity to Tanjung Tokong and Penang Island, residents will have excellent accessibility to public amenities and township facilities such as shopping malls, beaches, education institutions and also the food haven of Gurney Drive.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Tanjung Tokong
Go To Neighbourhood
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Shermine Chee
Good Facility and quiet place. out of the city.
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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 (%)
The Peak Residences 2011 RM298,000 - RM1,900,000
RM 389 psf - RM 718 psf
RM1,200 - RM1,200 NIL 1.86 %
The Latitude May 2015 RM700,000 - RM1,200,000
RM 465 psf - RM 750 psf
RM1,700 - RM1,700 NIL 3.01 %
Taman Bukit Erskine 2014 RM215,000 - RM310,000
RM 328 psf - RM 476 psf
RM650 - RM650 NIL 3.77 %
Fettes Residences June 2011 RM1,050,000 - RM2,000,000
RM 433 psf - RM 1,000 psf
RM2,500 - RM2,500 NIL 3.19 %
Fettes Park 2011 RM690,000 - RM4,300,000
RM 627 psf - RM 833 psf
NIL NIL NIL
Alila Horizon Apr 2008 RM780,000 - RM1,950,000
RM 478 psf - RM 663 psf
RM1,800 - RM1,800 NIL 3.26 %
Taman Evergreen 2008 RM360,000 - RM899,000
RM 514 psf - RM 600 psf
RM950 - RM950 NIL 1.66 %

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 791 psf
500 - 1,000 SQ. FT RM 649 psf - RM 342 psf
1,000 - 1,500 SQ. FT RM 508 psf RM 738,625 psf -
1,500 - 2,500 SQ. FT RM 585 psf - -
2,500 - 4,000 SQ. FT - RM 1,645,000 psf -
4,000 SQ. FT and above - RM 1,645,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 484 psf
Non Landed Properties
RM 451,744 psf
Landed Properties
RM 389 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 50,301
Loan Amount ( 90 %) RM 452,709
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM200 ±
RM 0.2 psf (1,000 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.

All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.

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