The Peak Residences, Mount Erskine

The Peak Residences (also known as The Peak Condominium) is a freehold condominium located in Mount Erskine, Tanjung Tokong. There are 600 units available at this project with built-up from 1,000 sf to 2,480 sf. It was developed by Ivory Properties Group Bhd with a launch price at around RM280 psf, and was completed in about 2013.

Ivory Properties Group Bhd is a medium-sized real estate company listed on KLSE, and it has constructed around 17 real estate projects in Malaysia. Other similar projects by the same developer are 1 Island Resort, Birch The Plaza, Birch The Regency, City Residence, Tanjung Park, The View and The Wave.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,000 sf - 2,480 sf
Market Price
RM560,000 - RM990,000
Density
600 Units
Completed In
2013
Launch Price
About RM280 psf

The only amenities nearby this condominium are some schools.

The current rental yield of The Peak Residences is around 3.08%, compared to 3.27% a year ago in Q1 2021. The highest rental yield ever recorded was 4.14% in Q1 2017; while the lowest one was 2.69% in Q3 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Peak Residences is 3-bedroom / 1,000 sf with a median price of RM560 psf. For price wise, the most expensive one is 3-bedroom / 1,000 sf with a median price of RM560 psf; while the cheapest one is 5-bedroom / 2,480 sf with a median price of RM400 psf.

Latest The Peak Residences for sale listings:

DateTypeBuilt-upPrice
13 Sep 2022Condominium1,100 sfRM600,000
5 Apr 2022Condominium1,000 sfRM575,000
8 Mar 2022Condominium1,100 sfRM650,000
2 Mar 2022Condominium1,000 sfRM530,000
25 Jan 2022Condominium1,000 sfRM530,000
14 Jan 2022Condominium1,000 sfRM540,000
14 Jan 2022Condominium1,100 sfRM560,000
14 Jan 2022Condominium1,000 sfRM500,000
12 Jan 2022Condominium1,000 sfRM500,000
7 Jan 2022Condominium1,100 sfRM580,000

Latest The Peak Residences for rent listings:

DateTypeBuilt-upRental
7 Sep 2022House Room-NA-RM400
12 Aug 2022Condominium1,100 sfRM1,500
1 Jul 2022Condominium1,000 sfRM1,500
18 Jun 2022Condominium1,000 sfRM1,400
11 Jun 2022Condominium1,000 sfRM1,500
16 May 2022Condominium1,000 sfRM1,500
23 Feb 2022Condominium1,000 sfRM1,400
21 Jan 2022Condominium1,000 sfRM1,100
21 Jan 2022Condominium1,100 sfRM1,500
9 Jan 2022Condominium1,100 sfRM1,400
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