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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.
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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 |
RM580,000
-
RM980,000
RM 566 psf - RM 828 psf |
RM1,100 - RM1,100 | NIL | 3.0 % |
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 % |
One One Eight | 2012 |
RM465,000
-
RM850,000
RM 731 psf - RM 958 psf |
RM1,800 - RM1,800 | NIL | 4.2 % |
Fettes Residences | June 2011 |
RM1,050,000
-
RM2,000,000
RM 433 psf - RM 1,000 psf |
RM2,500 - RM2,500 | NIL | 3.19 % |
The Peak Residences | 2011 |
RM298,000
-
RM1,900,000
RM 389 psf - RM 718 psf |
RM1,200 - RM1,200 | NIL | 1.86 % |
Fettes Park | 2011 |
RM690,000
-
RM4,300,000
RM 627 psf - RM 833 psf |
NIL | NIL | 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 645 psf |
500 - 1,000 SQ. FT | RM 649 psf | - | RM 348 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 | - |
Note:
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 |
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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