Penang Island
Mount Erskine
Mid-density northern corridor — hawker culture meets new condo stock
Condo PSF
RM 332–897
Avg Yield
4.2%
Avg Rent (condo)
RM 2,600
Active projects
0
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.
Projects in Mount Erskine
0 selling · 0 upcoming · 5 completed
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: Wikimedia Commons (verify uploader) · CC-BY-SA-4.0 (verify)