penangproperty
Mont Residence β€” subsale condominium in Mount Erskine

Mount Erskine Β· Subsale Market

Mont Residence Subsale β€” Mount Erskine, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.

Mont Residence is a completed freehold condominium in Mount Erskine, Penang, completed in 2018 by VST Group (Visentak Development Sdn Bhd). It has 473 units. Subsale asking prices currently run about RM507–783 per sq ft, with the typical unit asking around RM 750K (from roughly RM 570K).

Price at a glance

Prices as at September 2026 β€” Subsale asking prices basis. Last checked 2026-08-01.

Unit typeSize (sqft)Price fromPSF from
All units972–1,237RM570,000RM507

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy a Mont Residence subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within 3 months of SPA. No 36-month construction wait.

Verified surroundings

Mount Erskine's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Mont Residence.

Established maintenance

Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.

How Mont Residence is priced within Mount Erskine

RM500 psfβ‰ˆRM507 psfRM622 psf

At roughly RM507 psf, Mont Residence sits toward the value end of Mount Erskine's condo band (RM500–622 psf). That usually reflects building age, floor level, or distance from the area's prime frontage β€” worth checking which, because the first two are negotiable and the third is not.

Area gross yield

~4.2%

Typical for Mount Erskine condos

Building age

8 years

Completed 2018

PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β€” see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.

The Mont Residence pre-purchase checklist

  1. 1.Remaining lease (if leasehold) β€” Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
  2. 2.Outstanding charges and caveats β€” Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
  3. 3.Genuine transacted comparables β€” Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
  4. 4.Exit tax position β€” Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
  5. 5.Vacant possession terms β€” Agree in writing what stays β€” air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.

Mont Residence price 2026

What Mont Residence trades at on the sub-sale market, last checked 2026-08-01.

Asking fromRM570,000 – RM960,000
PSFRM507 – 783
Built-up972 – 1,237 sqft
Completed2018
Units473

Verified sub-sale asking prices. Asking is not transacted β€” expect movement between the two.

The building is 8 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.

Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.

Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β€” and if you are near the five-to-six-year line, the date matters more than the price.

Mont Residence for sale & for rent

Looking to buy or rent a unit in Mont Residence? Asking prices and rents move with the market and with the specific unit β€” floor, facing, condition β€” so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.

Mont Residence key facts

Developer
VST Group (Visentak Development Sdn Bhd)
Area
Mount Erskine, Penang
Type
condominium
Tenure
freehold Β· residential
Completed
2018
Total units
473
Asking PSF
RM507–783
Price from
RM 570K

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Mont Residence:

View full Mont Residence profile β†’

Mount Erskine β€” area snapshot

Full area guide β†’

Price range

RM 290K – RM 689K

asking prices in area

Active projects

0

selling or under construction

Subsale condos

4

completed projects

Total tracked

5

properties in this area

Other projects in Mount Erskine

All 4 others we track here, cheapest first β€” all trading sub-sale.

Mont Residence subsale β€” common questions

What is the price of Mont Residence?

Mont Residence runs RM570,000 to RM960,000. These are verified sub-sale asking prices, not transacted figures β€” expect movement between the two. That works out to about RM507–783 per square foot. Checked 2026-08-01.

Is Mont Residence freehold or leasehold?

Mont Residence is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.

Can a foreigner buy at Mont Residence?

Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so Mont Residence is open to Malaysian and PR buyers only.

When was Mont Residence completed?

Mont Residence completed in 2018, developed by VST Group (Visentak Development Sdn Bhd). Units here trade sub-sale.

How big are the units at Mont Residence?

Built-ups run 972 to 1,237 sq ft. There are 473 units in total.

More on the neighbourhood:

Mount Erskine area guide β€” schools, transport, PSF, lifestyle scorecard β†’

Substitutes worth comparing

Open full comparison β†’

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

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