The Latitude, Mount Erskine

The Latitude is a freehold mixed apartment & commercial development located in Mount Erskine, Tanjung Tokong. There are 220 apartment units available at this project with built-up from 1,500 sf to 1,600 sf for apartment units. It was developed by Ivory Properties Group Bhd with a launch price of about RM400 psf for apartment units, and was completed around 2015.

Ivory Properties Group Bhd is a mid-scale property developer listed on Bursa Malaysia, and it has developed about 17 property projects in Malaysia. Other similar projects by the same developer are 10 Island Resort, Birch The Plaza, Birch The Regency, Moonlight Bay, Penang Times Square, Penang WorldCity, Tanjung Park, The Peak Residences, The View and University Place.

Property Type
Mixed Apartment & Commercial
Land Tenure
Freehold
Built-up
1,500 sf - 1,600 sf (Apartment)
Market Price
RM800,000 - RM820,000 (Apartment)
Density
220 Apartments
Completed In
2015
Launch Price
RM400 psf (Apartment)

The only amenities nearby this mixed apartment & commercial development are schools.

The current rental yield of The Latitude is 2.77% for apartment units. The highest rental yield ever recorded was 5.47% in Q1 2017 (Apartment); while the lowest one was 2.64% in Q1 2016 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at The Latitude for apartment units is 3-bedroom / 1,500 sf with a median price of RM530 psf. For price wise, the most expensive one is 3-bedroom / 1,500 sf with a median price of RM530 psf; while the cheapest one is 3-bedroom / 1,600 sf with a median price of RM510 psf.

Latest The Latitude for sale listings:

DateTypeBuilt-upPrice
YesterdayCondominium1,500 sfRM750,000
25 Oct 2020Condominium1,500 sfRM790,000
24 Oct 2020Condominium1,500 sfRM860,000
20 Oct 2020Condominium1,500 sfRM950,000
20 Oct 2020Condominium1,500 sfRM820,000
16 Oct 2020Condominium1,600 sfRM878,000
16 Oct 2020Condominium1,600 sfRM820,000
15 Oct 2020Condominium1,500 sfRM790,000
14 Oct 2020Condominium1,500 sfRM820,000
9 Oct 2020Condominium1,500 sfRM780,000

Latest The Latitude for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,500 sfRM2,000
TodayShop-Office765 sfRM2,700
TodayOffice835 sfRM1,500
TodayCondominium1,500 sfRM2,500
25 Oct 2020Condominium1,500 sfRM1,900
22 Oct 2020Condominium1,500 sfRM1,800
13 Oct 2020Condominium1,500 sfRM2,000
5 Oct 2020Condominium1,500 sfRM1,800
1 Oct 2020Condominium1,500 sfRM1,500
30 Sep 2020Condominium1,500 sfRM1,850
1 user comments on The Latitude
via
Google
30 Nov 2019 @ 12:00 AM

Problematic management. Do not get a property here. Nice building but troublesome management. Trying to kill off all the shoplot below by blocking access.

Refuse to listen to residents and tenants of the shoplots.