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
RM530,000 - 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 3.47%, compared to 3.2% a year ago in Q2 2020. 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 RM530 psf. For price wise, the most expensive one is 4-bedroom / 1,750 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
15 Dec 2021Condominium1,000 sfRM590,000
12 Dec 2021Condominium1,000 sfRM680,000
30 Nov 2021Condominium1,000 sfRM490,000
8 Dec 2021Condominium1,000 sfRM510,000
8 Dec 2021Condominium1,000 sfRM530,000
2 Dec 2021Condominium1,000 sfRM490,000
2 Dec 2021Condominium1,000 sfRM600,000
30 Nov 2021Condominium1,000 sfRM593,000
30 Nov 2021Condominium1,000 sfRM499,000
29 Nov 2021Condominium1,100 sfRM560,000

Latest The Peak Residences for rent listings:

DateTypeBuilt-upRental
9 Jan 2022Condominium1,100 sfRM1,400
28 Dec 2021Condominium1,000 sfRM1,700
10 Dec 2021Condominium1,000 sfRM1,300
18 Dec 2021Condominium1,000 sfRM1,300
17 Dec 2021Condominium1,000 sfRM1,300
15 Dec 2021Condominium1,100 sfRM1,500
13 Dec 2021Condominium1,100 sfRM1,350
11 Dec 2021Condominium1,100 sfRM1,700
9 Dec 2021Condominium1,000 sfRM1,500
3 Dec 2021Condominium1,150 sfRM1,100
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