Mount Erskine · Subsale Market
Mont Residence Subsale — 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 RM555–897 per sq ft (from roughly RM 550K).
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy 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.
5 things to check before signing the Mont Residence SPA
- 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
- 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
- 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
- 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
- 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.
Mont Residence key facts
- Developer
- VST Group (Visentak Development Sdn Bhd)
- Area
- Mount Erskine, Penang
- Type
- condominium
- Tenure
- freehold · residential
- Completed
- 2018
- Total units
- 473
- Asking PSF
- RM555–897
- Price from
- RM 550K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Mont Residence:
View full Mont Residence profile →Mount Erskine — area snapshot
Full area guide →Price range
RM 200K – RM 600K
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
Mont Residence subsale — common questions
Where is Mont Residence located?
Mont Residence is in Mount Erskine, Penang, developed by VST Group (Visentak Development Sdn Bhd) and completed in 2018.
Is Mont Residence freehold or leasehold?
Mont Residence is freehold with residential title.
How much is a Mont Residence unit?
Subsale asking prices at Mont Residence start from roughly RM 550K (about RM555–897 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.
What's the typical asking price for a Mont Residence subsale unit?
Subsale asking prices at Mont Residence vary by unit floor, view, and renovation level. The most accurate current figures come from active listings — WhatsApp Zac for the live shortlist with prices and floor plans for available units.
Is Mont Residence a good buy in the subsale market?
Mont Residence in Mount Erskine is a completed building, which means immediate occupancy, verifiable neighbour quality, established maintenance fees, and a known JMC track record. The case for subsale here is no construction risk and a proven location — versus paying a new-launch premium for an unbuilt unit.
What should I check before signing a subsale SPA at Mont Residence?
Five things to verify: (1) sinking fund health and any pending special assessments, (2) last 3 maintenance billings and how strict collection is, (3) JMC meeting minutes for the last 12 months, (4) common-area condition (pool, lifts, lobbies), (5) structural age of internal pipes (especially for buildings 10+ years old). Ask the listing agent to provide these as part of the offer process.
Can foreigners buy a Mont Residence subsale unit?
Yes, subject to Penang state minimums (RM 1,000,000 for stratified properties on Penang Island; RM 600,000 on the mainland) and state consent (typically 2-4 months processing). MM2H holders are treated the same as other foreign buyers for property purchase rules.
How long does a subsale purchase at Mont Residence take?
Typical timeline: 2-3 weeks from offer acceptance to SPA signing, then 3 months to completion (90-day SPA period). Faster than a new launch because no construction wait. Plan for stamp duty + legal fees (~3-4% of purchase price) at completion.
More on the neighbourhood:
Mount Erskine area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.