The Latitude, Mount Erskine

The Latitude is a freehold mixed commercial & condominium development located in Mount Erskine, Tanjung Tokong. There are 220 condominium units available at this project with built-up from 1,500 sf to 1,600 sf for condominium units. It was developed by Ivory Properties Group Bhd with a launch price of about RM400 psf for condominium 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, City Residence, Penang Times Square, Penang WorldCity, Tanjung Park, The Peak Residences, The View and University Place.

Property Type
Mixed Commercial & Condominium
Land Tenure
Freehold
Built-up
1,500 sf - 1,600 sf (Condominium)
Market Price
RM720,000 - RM770,000 (Condominium)
Density
220 Condominiums
Completed In
2015
Launch Price
RM400 psf (Condominium)

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

The current rental yield of The Latitude is 4.76% for condominium units. The highest rental yield ever recorded was 5.47% in Q1 2017 (condominium); while the lowest one was 2.64% in Q1 2016 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at The Latitude for condominium units is 3-bedroom / 1,500 sf with a median price of RM480 psf. For price wise, the most expensive one is 3-bedroom / 1,600 sf with a median price of RM480 psf; while the cheapest one is 3-bedroom / 1,500 sf with a median price of RM480 psf.

Latest The Latitude for sale listings:

DateTypeBuilt-upPrice
19 Oct 2022Condominium1,500 sfRM648,000
27 Jul 2022Condominium1,500 sfRM800,000
17 Mar 2022Condominium1,500 sfRM780,000
12 Jan 2022Condominium1,500 sfRM750,000
12 Jan 2022Condominium1,500 sfRM760,000
8 Jan 2022Condominium1,500 sfRM830,000
6 Jan 2022Condominium1,500 sfRM780,000
29 Dec 2021Condominium2,000 sfRM1,200,000
28 Dec 2021Condominium1,600 sfRM850,000
27 Dec 2021Condominium1,500 sfRM900,000

Latest The Latitude for rent listings:

DateTypeBuilt-upRental
15 Jul 2022Condominium1,600 sfRM2,000
26 Apr 2022Condominium1,600 sfRM3,000
20 Jan 2022Condominium1,500 sfRM2,100
20 Jan 2022Condominium1,500 sfRM2,000
13 Jan 2022Condominium1,600 sfRM1,900
17 Jan 2022Condominium1,500 sfRM2,100
17 Jan 2022Condominium1,500 sfRM1,900
17 Jan 2022Condominium1,500 sfRM2,100
16 Jan 2022Condominium1,500 sfRM3,000
15 Jan 2022Condominium1,500 sfRM2,000
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