Mount Erskine · Subsale Market
The Latitude @ Mount Erskine Subsale — Mount Erskine, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
The Latitude @ Mount Erskine is a completed freehold condominium in Mount Erskine, Penang by Ivory Properties. It has 220 units. Subsale asking prices currently run about RM456–700 per sq ft, with the typical unit asking around RM 760K (from roughly RM 688K).
Price at a glance
Prices as at November 2026 — Subsale asking prices basis. Last checked 2026-10-12.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 1,500–1,600 | RM688,000 | RM456 |
Zac’s Take
Zac Ong
A 1,500 sqft freehold apartment on Penang Island with a typical asking under RM800,000 is close to extinct, and that is the entire reason to look at The Latitude. 2026 listings ran from about RM688,000 to RM1.2M, with most three-bedrooms around RM715,000–760,000, on 1,500 to 1,600 sqft layouts. The same money buys about 650–1,150 sqft in Tanjung Tokong. Plan for that when you sell — your buyer will be someone making the same space-over-address trade, which is a durable pool but a price-sensitive one. There is no address premium here to appreciate. Two constraints. Most units sit below the RM1,000,000 foreign threshold, so this trades mainly between Malaysian buyers. And as an older building, ask for the sinking fund balance and lift servicing history before you commit — at this price point a special levy undoes a real share of the value.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a The Latitude @ Mount Erskine subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Mount Erskine's noise levels, traffic, neighbour mix, and JMC quality are known quantities at The Latitude @ Mount Erskine.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How The Latitude @ Mount Erskine is priced within Mount Erskine
At roughly RM456 psf, The Latitude @ Mount Erskine sits toward the value end of Mount Erskine's condo band (RM450–700 psf). That usually reflects building age, floor level, or distance from the area's prime frontage — worth checking which, because the first two are negotiable and the third is not.
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data — 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 The Latitude @ Mount Erskine pre-purchase checklist
- 1.Remaining lease (if leasehold) — 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.Outstanding charges and caveats — Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables — 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.Exit tax position — Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms — Agree in writing what stays — air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.
The Latitude @ Mount Erskine price 2026
What The Latitude @ Mount Erskine trades at on the sub-sale market, last checked 2026-10-12.
| Asking from | RM688,000 – RM1.2M |
| PSF | RM456 – 700 |
| Built-up | 1,500 – 1,600 sqft |
| Units | 220 |
Verified sub-sale asking prices. Asking is not transacted — expect movement between the two.
A foreign buyer can purchase here — the RM1M minimum is cleared by the larger units, though not at the entry price. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep — and if you are near the five-to-six-year line, the date matters more than the price.
The Latitude @ Mount Erskine for sale & for rent
Looking to buy or rent a unit in The Latitude @ Mount Erskine? Asking prices and rents move with the market and with the specific unit — floor, facing, condition — so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
The Latitude @ Mount Erskine key facts
- Developer
- Ivory Properties
- Area
- Mount Erskine, Penang
- Type
- condominium
- Tenure
- freehold
- Total units
- 220
- Asking PSF
- RM456–700
- Price from
- RM 688K
Mount Erskine — area snapshot
Full area guide →Price range
RM 300K – RM 590K
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
Other projects in Mount Erskine
All 4 others we track here, cheapest first — all trading sub-sale.
- TRI PinnacleRM300K
- Taman SkyridgeRM320K
- The Peak ResidencesRM450K
- Mont ResidenceRM590K
The Latitude @ Mount Erskine subsale — common questions
What is the price of The Latitude @ Mount Erskine?
The Latitude @ Mount Erskine runs RM688,000 to RM1,200,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM456–700 per square foot. Checked 2026-10-12.
Is The Latitude @ Mount Erskine freehold or leasehold?
The Latitude @ Mount Erskine is freehold. I have not been able to confirm the land title class — check it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at The Latitude @ Mount Erskine?
Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers of strata property, which the entry price does not clear. MM2H participants have a lower minimum of RM500,000 (residential, up to two homes), which opens the cheaper units too. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
How big are the homes at The Latitude @ Mount Erskine?
Homes range from about 1,500 to 1,600 sq ft. There are 220 homes in total.
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.