Mont Residence, Tanjung Tokong, Penang

  • Anjali Kassim Chan
  • 29 January 2016

Feature Image

Mont Residence at Mount Erskine is a freehold and low density development at one of the most scenic locations in Penang. From the hilly sides of Tanjung Tokong, Mont Residence homeowners would now be able to enjoy elevated views into the swooping depths of the island while finding pleasure in both the privacy and connectedness of their homes to both nature and urban living alike.

Mont Residence is a freehold condominium project by VST(Visentak) Development Sdn Bhd located at Mount Erskine in Tanjung Tokong, Penang.

Mont Residence consists of two 38-storey blocks and has a total of 473 units. The condominium has a standard built-up area the size of 1,226 sq ft that comes with 3 bedrooms and 2 bathrooms.
Facilities at Mont Residence include a lap pool, infinity pool, children pool, jacuzzi, gymnasium, children playground, landscape garden, BBQ area at rooftop, roof top garden.

Property Project
 : Mont Residence
Property Type : Condominium
Developer : VST Group
Tenure 
: Freehold
Address : Jalan Mount Erskine, Lot 3618, Mukim 18, Daerah Timur Laut, Penang
No. of Blocks : 2 (Type A – Type H, with choice of intermediate and corner units)
No. of Storey : 38
Total Units : 473
Built-up Area : 1,226 sq ft (standard)
Unit type: 3 Bedrooms & 2 Bathrooms (standard)
Free 2 car parks (side by side)

Price per sq ft :

Block A = RM820psf
Block B = RM800psf
Price range : From RM1million onwards, RM2,000 added with every level up
Corner units : RM20,000 on top of the RM1 million for the standard units
Free legal fee & stamp duty for S&P and Loan Agreement

Maintenance fee : RM 0.20 psf + RM0.02 sinking fee (minimum is RM275.00 per month)
Year of completion :
2018

Sales gallery
Penang ofice
Wisma VST, 37 Jalan Anson, 10400 Penang (Tel : 04-226 4087)
KL office

VST Building , 73 Jalan 2/90, Taman Pertama, 3 ½ Miles, Jalan Cheras, 56100 Kuala Lumpur
(Tel : 03- 9282 7177)

 

Project Details

Mont Residence is expected to be completed in 2018 with two blocks of 38-storeys’ high towers.

Each floor would have 8 units facing North from the balcony with a conjoining corridor for all the units each floor.

We asked the salesperson why both the blocks are not separated, she informed that it is to avoid casualties, should accidents or fire break out. The passage serves as a safe escape route for all its residents.

Master floorplan (Tower A)

Notice that the corridor is conjoined, not separated from Tower A and Tower B.

Below is the general floorplan of each unit with the standard size of 1,226 sq ft.

Floor plan 1
From the 1st to 6th floor will be parking spaces.

The 7th floor will be a facilities floor (with 3 swimming pools, mini golf, children playground and fitness centre.

Podium at Level 7

On the 8th floor will be a study room.

The 20th floor will be used as an event hall which will be fully equipped with furniture, cooking stuff, conference room and projectors, among others.

The 20th floor with the facilities for business meetings, gatherings and presentation purposes.

The 20th floor with the facilities for business meetings, gatherings and presentation purposes.

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The Rooftop (above 38th floor) of Mont Residence will be a sky garden.

On security, Mont Kiara implements the access card, intercom and guardhouse security systems for the assurance of comfort and peace of mind to the residents.

What’s more is, the developer has put much thought into designing the corridors that allow good privacy for the residents of every floor. The lifts are attached to the blocks from the outside and does not take up the space from the living quarters.

This means that the space for all the living quarters per floor has been maximized for comfort and value for money.

The specifications of Mont Residence are as follows :

Specification

About the developer

VST Group was established in 1990 as an investment arm in properties and land in Penang island, Mainland Penang in Central Province Wellesley (Seberang Prai Tengah), Perak, Selangor, Wilayah Persekutuan and Terengganu.

The company ventured into property development in 1997 and the group’s other developments include Fragonard GardenTK ResidenceTanjung BeachMont Residence.

VST also built the first high-rise residence in Terengganu called ‘The Icon, Kuala Terengganu’. The Icon is a mixed commercial and residential project of 25-storey building comprises of 11 unit 5-storey shop offices with individual lift and 144 unit of apartments. It is strategically located at the prime location in the heart of Kuala Terengganu city.

The developer has been noted for its healthy background in the property scene and has secured the confidence of many in the northern region of Malaysia.

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Location

Mont Residence is situated at Mount Erskine along Jalan Mount Erskine.

9. Location (EDITED)

The stretch outlined as Jalan Mount Erskine

For those who are unfamiliar with Mount Erskine but have heard about it, the mention of Mount Erskine would bring to mind the many cemeteries laying around the area that enjoy some of the most amazing views of Penang.

2.  Jalan Mount Erskine 2

Jalan Mount Erskine

Anyway, that is besides the point.

mont-residence-locationmap (penangpropertytalk.com)

Views of the cemeteries are hidden from Mont Residence, according to the person at the sales gallery

Mont Residence is built slightly off from these cemeteries on the hilly side of Mount Erskine.
To be exact, it is right beside Charlie Market and is surrounded by trees and is very peaceful.
It is only 5 to 10 minutes away from happening zones like Fettes Park, Tanjung Tokong, Seri Tanjung Pinang and Gurney Drive.

Surrounding Mont Residence would be local eateries, residential homes that have been around for decades and places of interest like the Straits Quay, Batu Ferringhi, Gurney Drive and 20 minutes to Georgetown.

Distance to places of interest (Google Maps)

Straits Quay                        2.9km
Gurney Drive                     3.5km
Batu Ferringhi                    10.7km
Georgetown                      Less than 10km
Penang Bridge                   20.5km
Teluk Bahang                     15.5km
Butterworth                         32.8km

Well, Penang is, after all a small island and everyone gets around very breezily, if not for some occasional traffic jams, especially during holiday seasons.

Mont Residence is flanked by numerous properties like Taman Bayu TimurAlila HorizonFettes Residences,City Residence & City Mall (Shopping Mall)City Residence & City Mall (Condominium)Taman Batu Bukit, Tanjung TokongPepper EstateLebuh Lembah Permai (Semi-D)Golden ViewExcel Court, throughout the area.

This residential is a good collection of stay or for investment for its centralised location. Gurney Plaza, Straits Quay Marina Mall, 7-eleven @ Jalan Burma, Pulau Pinang, 7-eleven @ Jalan Fettes, Tanjung Tokong and 7-eleven @ Jalan Gottlieb, George Town are in close proximity making it a favoured location for many people.

Additionally there is a great deal of convenience with regards to food-hunting around Divina Midland Park Centre, Nando’s (Gurney), FULL OF BEANS , Specialty Coffee, Pang Hainan Seafood, Vintage Bulgaria, No Eyed Deer, TESCO, The Wine Shop, Aji Noren and Chicago Rib House. These places are very nearby.

British education institutions also scatter across Penang and international schools such as Tenby International, Prince of Wales Island International and the likes are conveniently available.

Mont Residence is in the centre of all these privileges.

Getting to Mont Residence project site

The project site is right opposite the Charlie Market at Mount Erskine, hence if you are using the Google Map to get to the project location, you may want to try keying in the following address:

Charlie Market of Mount Erskine @ 115, Jalan Mount Erskine, George Town, 10470 George Town, Pulau Pinang, Malaysia

The location map

Travelling there would be most convenient by car. Taking the bus there is also another option, if you are just a visitor, curious to find out more about the kind of location you are buying into.

People in Penang generally commute by bus so most routes should be covered.

Take a bus to the Charlie Market at Mount Erskine at Jalan Mount Erskine and the project is right on top of the hill. You may choose to take a hike (or drive) up from the market towards the site at the end of the narrow road.

You will see the Taman Erskine apartment.
IMG_0463 IMG_0465

Brief information on Taman Erskine apartment : a single low-density block located along Jalan Mount Erskine in Penang. Units at the apartment measure approximately 700 sq ft and above. The freehold apartment consists of 3-bedroom and 2-bathroom units with security surveillance and parking bays.

Once you see this apartment at the front, you may turn right in and drive all the way towards the end of the road.

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The Charlie Market which was keyed in on Google Maps to ascertain the location of Mont Residence

The project site is currently under heavy construction and looks like they have begun the groundwork for Mont Residence.

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The residential buildings seen around the entrance of Mont Residence. These homes have been around for a long time and largely make up the neighbourhood

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The morning market is also within walking distance.

In addition to that, Mont Residence is strategically located within the established township of Tanjung Tokong. It is a stone’s throw away to the hospital, shopping malls, shops and every necessity imaginable.

After all, Tanjung Tokong is one of the most livable places in Penang. There is little to complain about when the location alone has full access to everything on clean open roads, via public transportation and surrounded by hotspots filled with activities.

The James Foo Western Food which has been around for many years in Penang is located at :
21-A, Jalan Fettes, Tanjung Tokong, 11200 George Town, Pulau Pinang, Malaysia.

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Getting to Mont Residence sales gallery

For viewing, do visit Mont Residence’s sales gallery is at Jalan Anson opposite the Methodist Girls’ School and the KDU College.

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7. Wisma VST opposite Methodist Girls' School

In the sales gallery, you will be able to view the scale model of Mont Residence, however there is no showroom available yet.

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The entrance of Mont Residence with a vertical view of the tower’s side profile

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Analysis

We take a look at Mont Residence’s neighbor, i-Santorini, which is high in density.

In this comparison, a Mont Kiara project is also considered because of its close proximity in terms of the price and built-up areas. Agile is developed by a reputable Chinese developer, Agile Properties, and offers a lot of perks in terms of its specifications for the same price as Mont Residence.

Read about Agile in Mont’ Kiara(MK) here :
http://www.propertyguru.com.my/new-property-launch/reviews/agile-mont-8217-kiara-125126

This comparison between Agile MK and Mont Residence in Penang serves to give buyers an idea of properties costing in the range of a million RM in two equally competitive locations, KL and Penang island.

Properties would look attractive when the developers are able to package some good offerings, i.e the furnishing and the built-in materials for their potential buyers.

In essence, buyers deserve to know the value they get when forking out millions to live in a place they can call home for a long time.

i—Santorini, on the other hand, is situated right across the road from Mont Residence at Tanjung Tokong. It is an affordable home housing scheme developed by Ideal Properties in collaboration with the Penang government.

i-Santorini provides a highly affordable option to locals and foreign buyers alike to get a place in Tanjung Tokong. The first two phases of i-Santorini have been sold out and third phase is anticipated to be launched in Mar-May 2016.

Project title Tenure/Land Title Built-up area No. of units Price range
Mont Residence, Tg Tokong (island) Freehold condominium Standard : 1,226 sq ft 473 RM 1 million onwards
i-Santorini, Tanjung Pinang(island) Freehold mixed development 850 sq ft (Standard) 2,155 From RM 430,000 onwards
Agile, Mont’ Kiara (China developer in KL) Freehold serviced residence 1,156 – 2,136 sq ft 813 units From RM 1million onwards
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Summary

Mont Residence location is ideal for those who would like to live in the hilly side and quieter of town and still gain full access to all of Penang’s major attractions in the bustling towncentres.

Bus services are ample in Tanjung Tokong and places of interest are within short distances away. Plus, this is freehold development promising good investment for the long run.

The frills-free design is another appeal to the project, hence the developer can still afford to throw in quality and state-of-the-art materials for their future homeowners.

The neighbourhood of Mount Erskine

Apart from that, the residents at Mount Erskine have been around for the longest time despite its close proximity to the cemeteries. These are old-timers who have become rooted to their hometown and identities shaped by the more tranquil side of Penang.

Unlike normal celebrations, Mount Erskine sees more activity during the Qingming Festival. Since 19th century, every year during this season, the Chinese community of Penang will make their annual visits to their ancestors’ places of burial. Vehicles will pour into Jalan Mount Erskine and descendants come to clean the graves of their loved ones and pay their respects.

More recently, the top of Mount Erskine has been flattened to make way for the construction of Mont Residence. From the property’s vantage point, the view of the cemeteries are hidden and cannot be seen.

Judging from the geographical factors of Tanjung Tokong’s inner vicinity where it is mainly surrounded by the green lung, it would be fair to estimate that developments would take place at a slower pace compared to the livelier parts of Penang.

Even so, Penangites always maintain that they would prefer consistent improvements to the existing amenities rather than building mega infrastructures that may possibly disrupt the heritage preservation of the UNESCO World Heritage site.

Penang’s outstanding prospect for growth
Penang has been compared to the likes of Singapore and has historical traits similar to Hong Kong, hence it is time that property developers leverage on this aspect and bring the market more exciting developments.

This can be reflected in the architectures and the way some of the areas carry a certain vibe that implies there is rich cultural and foreign influences that continue to attract the crowd.

In a nutshell, the state continues to be the superstar that stands out in the eyes of the international and local community and thus is a good place to live in. Living standards and quality would continue to rise.

On top of that, Penang is one of the top-producing states of great talents the country has to offer in its relentless bid to stand out as a leading ASEAN nation.

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Eric Wong

Anjali Kassim Chan

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