Penang Island
Mount Erskine
Mid-density northern corridor — hawker culture meets new condo stock
Condo PSF
RM 500–622
Avg Yield
4.2%
Avg Rent (condo)
RM 2,600
Active projects
0
What is the average PSF in Mount Erskine in 2026?
The average condo PSF in Mount Erskine is roughly RM500–622 as of 2026, based on NAPIC/Brickz-checked benchmarks for the area.
- Condo PSF rangeRM 500–622
- Gross rental yield4.2%
- Avg. condo rentRM 2,600/mo
Character
Mid-density landed/condo mix on the Tanjung Tokong border, 4 km NW of George Town centre. Anchored by the famous Mount Erskine Hawker Centre and clustered condo blocks (Mont Residence, Puncak Erskine, Peak Residences). Distinct character from Jesselton Heights — denser, more affordable, with a working hawker-food identity.
Lifestyle scorecard
Zac's honest 1–10 rating across the dimensions buyers care about most.
✅ Pros
- Mount Erskine Hawker Centre — destination food anchor
- Dalat International School within 1 km
- Clustered condo supply with broad PSF band (RM332–897/sf)
- Mount Erskine underpass (Q4 2026 start) addresses chronic congestion
- Tanjung Tokong border location — premium amenities accessible
⚠️ Cons
- Mount Erskine corridor is one of Penang's most congested
- Not on funded LRT alignment
- Older walk-up stock at lower end of PSF band requires renovation
- Underpass construction (2026–2028) will worsen near-term traffic
Transaction benchmark
Mont Residence current sale band; Puncak Erskine Brickz 01/04/2024-06/03/2025Condo PSF (low)
RM 332
Condo PSF (high)
RM 897
Sample
Project anchors: Puncak Erskine 26 non-landed tx, median RM200k / RM332/sf (older walk-up); Mont Residence current sale band RM555-RM897/sf (newer 38-storey freehold, completed 2018, 473 units); Peak Residences ~RM700-800/sf.
Brickz indexes Mount Erskine as a street/project sub-locality within Tanjung Tokong; no clean Brickz median for Mount Erskine itself. Wide PSF band reflects mix of older walk-ups (Puncak Erskine) and newer high-rises (Mont Residence).
Sources
For unit-by-unit recent transactions on any specific Mount Erskine project, ask Zac for the latest →
📈 What to watch over the next 3 years
Verifiable upcoming events from named, dated announcements — not price speculation.
- Mount Erskine Underpass (Jalan Mount Erskine to Jalan Burma, ~700m, RM330m, federal + MBPP co-funded under Budget 2026) expected to begin construction Q4 2026. Utility relocation alone may take 18 months. Tunnel entrance near Kwangtung & Tengchow Funeral Parlour; exit near Penang Adventist Hospital. Construction-phase disruption is the headline near-term risk.
- Transport activists (FMT, Penang Forum) have criticised the underpass as a short-term fix that does not solve long-term congestion — implies sustained traffic pain through 2028 even after completion.
- Not on funded Mutiara LRT alignment; transit-access uplift over the next 3 years accrues to Bayan Lepas / KOMTAR corridor, not this northern corridor.
- Limited new condo launches in-suburb means resale stock (Mont Residence, Peak Residences, Puncak Erskine) faces less new-supply competition than Tanjung Tokong.
Every project in Mount Erskine, priced
All 5 tracked projects — 0 selling, 5 trading sub-sale. Rendered from our project records, so a correction updates this table everywhere it appears.
There is no active launch in Mount Erskine right now. Everything here trades sub-sale.
Sub-sale — 5 projects
| Project | Price | PSF | Tenure | Land title | Built | Status |
|---|---|---|---|---|---|---|
| Taman Skyridge | RM290K–RM520K | 414–624 | Freehold | Residential | 2018 | sub-sale |
| TRI Pinnacle | RM330K–RM550K | 508–625 | Freehold | confirm | 2017 | sub-sale |
| The Peak Residences | RM495K | 418–680 | Freehold | confirm | 2011 | sub-sale |
| Mont Residence | RM570K–RM960K | 507–783 | Freehold | Residential | 2018 | sub-sale |
| The Latitude @ Mount Erskine | RM689K–RM1.05M | 456–700 | Freehold | confirm | 2015 | sub-sale |
Price bands
Foreign buyers
2 of 5 have at least one unit clearing the RM1M island minimum. 3 do not: Mont Residence, Taman Skyridge, TRI Pinnacle. The threshold never varies by title class.
Title & tenure
- 3 have no land title on record. Confirm it in writing before committing — it changes your financing.
Narrow it down
Filtered views of Mount Erskine stock — each one a live list, not a static page.
Projects in Mount Erskine
0 selling · 0 upcoming · 5 completed
More on Mount Erskine
Guides and comparisons specific to this area.
Mont Residence and Peak Residences clear the RM1m island minimum; older walk-ups (Puncak Erskine, RM200k median) do NOT meet foreign-buyer threshold and are local-buyer-only stock.
Foreign buyer guides →Hero photo: Cmglee, Wikimedia Commons · CC-BY-SA-4.0
Sources & data gaps (1)
Honest list of what couldn't be verified from public sources for this area (research completed 2026-06-24). These need Zac's direct input.
- •Condo PSF band is the range of PROJECT MEDIAN asking PSF across 4 verified sub-sale projects (Aug 2026) — a typical-unit band, not the absolute min-max of every listing, so it stays usable for area-vs-area comparison.