penangproperty
CompletedfreeholdEst. 2015

Ivory Properties

The Latitude @ Mount Erskine

Mount Erskine

From

RM 600K

RM 480585 PSF · Completion 2015

Tenure

freehold

Title

TBC

Total Units

220

Completion

2015

From
RM 600K
PSF
RM 480–585
Tenure
freehold
Total units
220
Status
completed
Completion
2015

Project Tracking

We're tracking The Latitude @ Mount Erskine — not yet personally reviewed by Zac

This project is in our database from public sources (3 sources) from Ivory Properties. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.

  • 📋 Latest price list & available unit types
  • 🏗️ Current construction stage and photos
  • 💬 Zac's honest assessment for your situation
  • 📞 Direct introduction to the developer if you want to view
📲 Get The Latitude @ Mount Erskine details on WhatsApp

Facilities

Swimming PoolWading PoolGymnasiumTennis CourtBBQ AreaFunction RoomPlaygroundLandscaped Garden24-Hour SecurityCovered Parking

What's nearby

🏥 Healthcare

  • Island Hospital3.0km
  • Gleneagles Hospital Penang4.0km

🎓 Schools

  • Sekolah Kebangsaan Mount Erskine500m
  • Penang Chinese Girls' Private High School2.5km
  • St Xavier's Institution3.2km

🛍 Shopping

  • Island Plaza2.8km
  • Gurney Plaza3.5km
  • Gurney Paragon3.8km

Monthly Instalment Calculator

Monthly Instalment

RM 2,423

Total Interest

RM 477,862

Total Outlay

RM 1,077,862

📲 Discuss financing options with Zac

Mount Erskine — area snapshot

Full area guide →

Price range

RM 200KRM 550K

asking prices in area

Active projects

0

selling or under construction

Subsale condos

4

completed projects

Total tracked

5

properties in this area

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

DownpaymentRM 60,000
SPA stamp dutyRM 12,000
SPA legal feeRM 7,250
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 12,000
Loan stamp duty (0.5%)RM 2,700
Loan agreement legal feeRM 2,700
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 99,650

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 18,000
0%5%10%
Total developer savingsRM 30,650

Net upfront (after savings)

Based on typical 2026 new launch package

RM 69,000

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

How much is The Latitude @ Mount Erskine?

+
Units at The Latitude @ Mount Erskine start from RM 600K (around RM 480–585 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is The Latitude @ Mount Erskine freehold or leasehold?

+
The Latitude @ Mount Erskine is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

When is the expected completion / VP?

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Expected Vacant Possession is 2015, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Who is the developer of The Latitude @ Mount Erskine?

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The Latitude @ Mount Erskine is developed by Ivory Properties. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

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Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 600K

The Latitude @ Mount Erskine

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