The Peak Residences

Condominium
Lebuh Halia 1, Off Jalan Mount Erskine, Tanjung Tokong, 1...
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Developer

Ivory Properties Group Berhad
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Developer of The Peak Residences, Ivory Properties Group Berhad

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

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 (GBI)
Nearby Restaurants

Shermine Chee
Good Facility and quiet place. out of the city.
Cleanliness
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2011
(Year of Completion)
This project was completed 8 years ago
  • NIL
  • RM 503,010 - RM 1,650,000
  • RM 1,100 - RM 3,200
  • RM0.20psf
Built Up
1,000 sq ft - 3,850 sq ft
Land Title
Residential
Tenure
Freehold
Total Blocks
3
Total Storey
38
Total Units
600
Parking
Min. 1

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES

Did you know?

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

Property Name Year of Completion Launch Price Ad Selling Price
The Peak Residences 2011 NIL RM 530,000 - RM 7,200,000
RM 395 psf - RM 5,500 psf
City Residence 2017 From RM 345,000 RM 970,000 - RM 1,870,000
RM 776 psf - RM 1,700 psf
City Mall 2017 From RM 2,625,000 NIL
Mont Residence 2018 From RM 980,000 RM 890,000 - RM 980,000
RM 725 psf - RM 828 psf
Alila² 2018 From RM 1,906,000 RM 2,000,000 - RM 3,300,000
RM 1,020 psf - RM 1,198 psf
TRI Pinnacle 2018 RM 72,500 - RM 299,000 RM 420,000 - RM 420,000
RM 525 psf - RM 525 psf
24 For Sale in The Peak Residences 34 For Rent in The Peak Residences 6 For Sale in City Residence 9 For Rent in City Residence 3 For Sale in Mont Residence 11 For Rent in Mont Residence 4 For Sale in Alila² 2 For Rent in Alila²

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 RM 530,000 - RM 7,200,000
RM 395 psf - RM 5,500 psf
RM 1,350 - RM 1,350 NIL 0.55 %
The Latitude May 2015 RM 780,000 - RM 2,100,000
RM 520 psf - RM 1,400 psf
RM 1,800 - RM 1,800 NIL 4.65 %
Taman Bukit Erskine 2014 From RM 205,000 RM 650 - RM 650 NIL NIL
Fettes Residences Jun 2011 RM 1,100,000 - RM 4,200,000
RM 616 psf - RM 1,800 psf
RM 3,000 - RM 3,000 NIL 2.94 %
Fettes Park 2011 RM 930,000 - RM 2,800,000
RM 400 psf - RM 800 psf
RM 2,200 - RM 2,200 NIL 1.42 %
Alila Horizon Apr 2008 RM 604,000 - RM 2,300,000
RM 409 psf - RM 766 psf
RM 2,000 - RM 2,000 NIL 2.94 %
Taman Evergreen 2008 RM 400,000 - RM 500,000
RM 533 psf - RM 711 psf
RM 1,000 - RM 1,000 NIL 2.99 %
24 For Sale in The Peak Residences 34 For Rent in The Peak Residences 15 For Sale in The Latitude 16 For Rent in The Latitude 9 For Rent in Taman Bukit Erskine 19 For Sale in Fettes Residences 13 For Rent in Fettes Residences

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 571 psf
500 - 1,000 sq ft RM 650 psf - -
1,000 - 1,500 sq ft RM 560 psf RM 543 psf RM 638 psf
1,500 - 2,500 sq ft RM 648 psf - -
2,500 - 4,000 sq ft RM 658 psf RM 789 psf -
4,000 sq ft and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 458 psf
Non Landed Properties
RM 608 psf
Landed Properties
RM 293 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
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    RM 200 ±
    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.

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