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, Moonlight Bay, 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
RM820,000 - RM830,000 (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 3.05% 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 combination at The Latitude for condominium units is 3-bedroom / 1,500 sf with a median price of RM550 psf. For price wise, the most expensive one is 3-bedroom / 1,500 sf with a median price of RM550 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
18 Nov 2021Condominium1,500 sfRM818,000
13 Nov 2021Condominium1,500 sfRM780,000
15 Oct 2021Condominium1,500 sfRM780,000
15 Oct 2021Condominium1,600 sfRM780,000
13 Oct 2021Condominium1,500 sfRM702,000
11 Oct 2021Condominium1,600 sfRM890,000
4 Oct 2021Condominium1,500 sfRM790,000
26 Sep 2021Condominium1,500 sfRM780,000
29 Sep 2021Condominium1,500 sfRM750,000
29 Sep 2021Condominium1,600 sfRM798,000

Latest The Latitude for rent listings:

DateTypeBuilt-upRental
25 Nov 2021Condominium1,500 sfRM3,000
25 Nov 2021Condominium1,500 sfRM1,980
24 Nov 2021Condominium1,500 sfRM2,800
19 Nov 2021Condominium1,900 sfRM1,900
10 Nov 2021Condominium1,500 sfRM3,000
9 Nov 2021Condominium1,500 sfRM2,400
9 Nov 2021Condominium1,500 sfRM3,200
9 Nov 2021Condominium1,500 sfRM1,900
9 Nov 2021Condominium1,500 sfRM2,000
2 Nov 2021Condominium1,600 sfRM2,500
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. Refused to listen to residents and tenants of the shoplots.