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, City Residence, Moonlight Bay, Penang Times Square, Penang WorldCity, Tanjung Park, The Peak Residences and University Place.
The only amenities nearby this mixed apartment & commercial development are schools.
The current rental yield of The Latitude is 3.0% 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:
The most popular layout and size combination at The Latitude for apartment units is 3-bedroom / 1,500 sf with a median price of RM540 psf. For price wise, the most expensive one is 3-bedroom / 1,500 sf with a median price of RM540 psf; while the cheapest one is 3-bedroom / 1,600 sf with a median price of RM530 psf.
Latest The Latitude for sale listings:
|20 May 2020||Condominium||1,500 sf||RM798,000|
|3 May 2020||Condominium||1,600 sf||RM830,000|
|2 May 2020||Condominium||1,600 sf||RM820,000|
|1 May 2020||Condominium||1,500 sf||RM798,000|
|20 Apr 2020||Condominium||1,500 sf||RM800,000|
|13 Apr 2020||Condominium||1,500 sf||RM800,000|
|10 Apr 2020||Condominium||1,600 sf||RM840,000|
|20 Jan 2020||Condominium||1,500 sf||RM805,000|
|20 Jan 2020||Condominium||1,500 sf||RM870,000|
|23 Jan 2020||Condominium||1,500 sf||RM850,000|
Latest The Latitude for rent listings: