1 Commercial Property for Sale at The Peak Residences
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The Peak Residences is a thoughtfully planned condominium located at No. 1, Persiaran Halia 3, Mount Erskine, Tanjung Tokong, 10470, Penang, Malaysia. Completed in 2013 by Ivory Properties Group Sdn Bhd, this freehold project includes approximately 203 residential units. Homes here come in various sizes, ranging from 1,000 to 3,850 sq ft, offering flexible options for individuals and families. Each home is designed with practicality and comfort in mind, making it suitable for residents at different stages of life, including young couples, working professionals, and families with children. The Peak Residences sits in a lively part of Penang, with easy access to important places like the city centre, Penang Bridge, and the airport. The property is designed for comfortable living, blending useful amenities with a friendly community environment. Its location, close to spots such as Gurney Drive and Tesco, adds to its charm, offering easy drive to shopping, dining, and leisure activities. The area is still growing, which makes it easier to live in and more valuable for homeowners. The Peak Residences is close to both nature spots and city places, giving a nice mix of both. It is easy to travel from The Peak Residences because it is located near main roads, including Persiaran Halia 3, Lebuhraya Halia, and Jalan Mount Erskine. It is also close to Jalan Gottlieb and Jalan Burmah, which help people move around Penang easily. For those who use public transportation, the Tanjung Bungah Rapid Penang bus is a convenient option. The surrounding neighbourhood is lively and full of proper places. From markets and cafes to medical services and schools, everything is nearby. People living here can visit nearby places without going far. Gurney Plaza and Gurney Paragon have more shops and fun things to do. In the surrounding area, visitors can also find small stores, service shops, and public parks. The Peak Residences offers a range of facilities for a peaceful and healthy lifestyle. These amenities are ideal for those who enjoy both quiet moments and active routines. Facilities include: Barbeque Area Covered Car Park Clubhouse Gymnasium Room Jacuzzi Jogging Track Landscaped Garden Multi-purpose Hall Playground Reflexology Path 24-Hour Security Swimming Pool Wading Pool The entire space is carefully planned, allowing residents to relax, stay fit, and spend time with family or neighbours. The barbeque area is a nice place for weekend gatherings. The clubhouse is available for indoor games and small events. There is also a playground and a wading pool where children can play safely. For families with children, there are several schooling options in the area. These include: Taska Lin (Play School Nursery) Melody Kindyland Tanjung Tokong D'MONTE Childcare & Development Centre Parents can also find tuition centres and daycare services for young learners. Food lovers will appreciate the dining spots near The Peak Residences. Some of the nearby choices are: Food Town Cafe UK Fish N Chips Cafe Tan Kee Open Restaurant Whether it be a quick snack or a sit-down meal with family, choices are available throughout the day. Residents of The Peak Residences have access to nearby medical centres for regular check-ups and urgent needs. These include: YV Clinic Quay Dental Penang @ City Junction Ai Klinik City Junction Mall These healthcare centres offer general services, giving residents peace of mind when it comes to medical care. Daily essentials are easy to find, thanks to several supermarkets in the area. Convenient options include: FRESH 365 The Latitude Hasharesh Mini Market Zenxin Organic Food @ Tanjong Tokong The Peak Residences spans a 38-storey site, thoughtfully designed with both comfort and style in mind. The layout includes green spaces, recreational zones, and safety features. Landscaped gardens provide quiet corners for rest, while the tall structure offers expansive views of the surrounding area. The Peak Residences Condominium Tanjung Tokong 203 Residential Units 38 Typically three-bedroom and two-bathroom units, with built-ups ranging from 1,000 to 3,850 sq ft. The condominium also features wide corridors, multiple lifts, and security features such as CCTV monitoring and guarded entrances. This enhances comfort and safety for all residents, especially for those with children or elderly family members. The Peak Residences is brought to you by Ivory Properties Group Sdn Bhd. Known for their residential developments in Penang, they have worked on several projects that reflect practical design and urban living. With years of experience in property development, Ivory Properties has focused on building homes that meet the daily needs of homeowners while keeping long-term value in mind. For those interested in other residential options by the same developer, the following may also be worth exploring: The Latitude Condominium Birch Regency @ Penang Times Square The View Condominium Each project comes with its own set of features, layouts, and community style. These developments are all situated within Penang, adding more choices for those looking to invest or relocate. The neighbourhood around The Peak Residences features several other housing options, adding to the sense of community. Notable developments in the area include: E Garden Mont Residence The Latitude Condominium These nearby buildings give people more choices based on what they need or like. The whole area has become a good and easy place to live. Having more homes around also makes the area more popular. The Peak Residences is a quiet and well-planned place to live in a good part of Penang. It has big homes, useful facilities, and easy access to daily needs, making life simple and comfortable for both individuals and families. The blend of comfort, accessibility, and surrounding conveniences makes it a wise choice for both homebuyers and tenants. Explore comfortable living in Penang. Visit The Peak Residences' sale or rent page.
DeveloperIvory Properties Group Sdn Bhd
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Recent search patterns suggest the development retains a visible place in area-level property browsing, drawing on 30 days of PropertyGuru search activity. Within the Mount Erskine market, the project captured 30.3% of searches, reflecting a significant level of interest from active buyers in the township.
Most-searched Units: 4-BedroomPricing by Unit Types:
- 2-Bedroom Units:
- Avg Asking Price: RM 524K
- Avg PSF: RM 524 psf (6.91% lower compared to Mount Erskine average of RM 563 psf)
- Available Units: 2
- 3-Bedroom Units:
- Avg Asking Price: RM 546K
- Avg PSF: RM 523 psf (3.1% lower compared to Mount Erskine average of RM 539 psf)
- Available Units: 28
- 4-Bedroom Units:
- Avg Asking Price: RM 1.07M
- Avg PSF: RM 554 psf (0.23% lower compared to Mount Erskine average of RM 556 psf)
- Available Units: 2
- 5+ Bedroom Units:
- Avg Asking Price: RM 1.20M
- Avg PSF: RM 484 psf (20.66% lower compared to Mount Erskine average of RM 610 psf)
- Available Units: 1
- PUSAT PENJAGAAN KANAK - KANAK (943m, 11-12 mins) — Local transit point providing a straightforward commute to nearby commercial zones.
- CALTEX (1247m, 15-16 mins) — Handy stop for residents looking to connect with major bus routes along the main road.
- KUMON TANJUNG TOKONG (1136m, 13-14 mins) — Well-known enrichment centre nearby to support the academic growth of young students.
- SJK (CINA) HUN BIN (1791m, 21-22 mins) — Established primary school in the neighbourhood providing a solid foundation for local families.
- PELITA INTERNATIONAL SCHOOL (1867m, 22-23 mins) — Accessible choice for parents seeking an international curriculum within a short drive.
- FONG CLINIC (1094m, 13-14 mins) — Nearby general practice for quick medical consultations and family healthcare needs.
- TAN PHARMACY (1099m, 13-14 mins) — Convenient spot for prescriptions and daily wellness supplies just down the road.
- MOUNT MIRIAM CANCER HOSPITAL (1745m, 20-21 mins) — Specialized medical facility providing high-quality healthcare services within the immediate region.
- FRESH 365 (209m, 2-3 mins) — Extremely close grocery option for fresh produce and daily household essentials.
- CITY JUNCTION MALL (1185m, 14-15 mins) — Modern lifestyle mall offering a variety of retail shops and services for weekend outings.
- ISLAND 88 (1302m, 15-16 mins) — Popular shopping destination for fashion, lifestyle brands, and leisure activities.
- FOOD TOWN CAFE (187m, 2-3 mins) — Just a short stroll away for a quick local meal or a casual coffee break.
- BISTRO HALIA NASI KANDAR (250m, 2-3 mins) — Famous local flavours available right at your doorstep for a hearty dinner.
- SAIGON SISTER VIETNAMESE STREET FOOD (728m, 8-9 mins) — Authentic international dining option for those looking for culinary variety nearby.
- RHB BANK (1097m, 13-14 mins) — Full-service banking facility nearby to handle all personal and business financial matters.
- HONG LEONG BANK (1116m, 13-14 mins) — Accessible branch for convenient cash withdrawals and banking services.
- MYNEWS.COM (108m, 1-2 mins) — Ultra-convenient spot for quick snacks, drinks, and reading materials right next to home.
- HAPPY MART (1024m, 12-13 mins) — Reliable 24-hour convenience store for late-night essentials and quick errands.
- EVERGREEN BUDDHIST TEMPLE (677m, 8-9 mins) — Peaceful local temple providing a space for spiritual reflection and community gathering.
- SRI SIVASAKTHI AYAPPA SWAMY TEMPLE (850m, 10-11 mins) — Cultural and religious landmark serving the local community in the Mount Erskine area.
- EDUCATION INSTITUTE COMPLEX (781m, 9-10 mins) — Nearby educational hub supporting higher learning and professional development.
The Peak Residences demonstrates a stable market presence with recent transaction data reflecting a focused period of sale activity.
- PSF Appreciation: RM535.136 psf → RM510 psf over recent years (-4.7%) from 2023 - 2026
- Transactions: 1 sale transactions in the last 12 months, showing limited sale activity.
- PG Pulse Insight: The project has seen a PSF adjustment of -4.7% alongside limited sale activity, indicating a period of market recalibration.
Published date: August 3, 2026
































