Mount Erskine, Tanjung Tokong · Completed 2018 · Subsale
Mont Residence
Two 38-storey freehold towers by VST Group on the Mount Erskine side of Tanjung Tokong, with 473 units of 2 and 3 bedrooms from 872 to 1,226 sq ft and two car park bays each.
Replies on WhatsApp from Jason himself · No obligation
Answer block
Mont Residence at a glance
Every figure here comes from the developer, the government housing register or the property records named at the foot of the page. Where sources disagree, the range is shown. Where nobody has published a number, it is not on this page.
Development
Mont Residence
By Visentak Capital Sdn Bhd, part of VST Group
Address
Jalan Evergreen 5
Taman Evergreen, 10470 Tanjung Tokong; EdgeProp gives Persiaran Halia 3, so records differ
Tenure
Freehold
Completed
2018
PropertyGuru and iProperty
Towers
2 × 38 storeys
iProperty records one building; launch reports and PropertyGuru give two towers
Units
473
8 units a floor, 2 side-by-side car park bays each
Layouts
872–1,226 sq ft
Four types: two 2-bedroom and two 3-bedroom, all with 2 bathrooms
Foreign buyers
Generally not eligible
Asking prices sit below the RM1 million island strata minimum
Why this address
Four things buyers weigh at Mont Residence
A freehold family condominium between Tanjung Tokong and Fettes Park. Here is the case, and the catch.
Close to the north-east coast
The developer puts Fettes Park about five minutes away by car, with Seri Tanjung Pinang and Gurney Drive also a short drive away according to launch coverage.
Practical layouts
Four layouts from 872 to 1,226 sq ft, each with 2 bathrooms, and launch coverage gives two car park bays per unit.
Layered access control
The developer describes a guardhouse checkpoint and access cards for the lift lobby, car park and individual floors.
What to weigh: soft resale and yield
EdgeProp records a 48-month median of RM753 psf, against a high of RM963 psf in October 2019 and a low of RM475 psf in April 2024. EdgeProp’s gross yield estimate is about 2.9%, so check rents before buying to let.
The development
Mont Residence, decoded
Two 38-storey towers, which launch coverage says both face the Straits Quay direction. iProperty records a single building, so check the block layout on site.
Facilities
As listed by PropertyGuru and iProperty; floor levels are not published.
Water
Pools
- Infinity lap pool
- Children’s pool
- Aqua gym
- Jacuzzi
Active
Fitness
- Gym of about 2,000 sq ft
- Putting green
Residents
Shared spaces
- Pavilion and event area
- Café
- BBQ area
- Multi-purpose hall
- Nursery
- Playground
Where the project is now
Layouts
All 4 Mont Residence layouts
4 layout types, from 872 to 1,226 sq ft. Sizes from the developer’s published plans, checked October 2026. Tap any layout and the drawing comes to your WhatsApp.
Type A — 872 sq ft
2 bed 2 bath · 872 sq ft · smallest type
Get this floor planAsk price & availability →Type D — 1,226 sq ft
3 bed 2 bath · 1,226 sq ft · largest type
Get this floor planAsk price & availability →Price and rent by layout
What each layout is asking at Mont Residence
Asking prices and rents seen on iProperty and EdgeProp and PropertyGuru in October 2026, matched to each layout by size. Asking prices are not sale prices; compare them with the recorded transactions above.
| Layout | Size | Asking price | Asking rent | Listings |
|---|---|---|---|---|
| Type B | 972 sq ft | – | RM1,800/mo | 1 |
| Type D | 1,226 sq ft | – | RM1,900–3,500/mo | 20 |
Gallery
Mont Residence in pictures
Images from the developer’s marketing material unless stated. Ask for the full set on WhatsApp.
Location & connectivity
Where Mont Residence sits
Jalan Evergreen 5, Taman Evergreen, 10470 Tanjung Tokong, Penang (EdgeProp gives Persiaran Halia 3).
The recorded numbers
The price numbers
Recorded sales and asking prices are different things. Transacted figures come from deals recorded with the government valuation department; asking figures are what owners or the developer are listing at.
| Measure | Figure | Source and date |
|---|---|---|
| Transacted price median, last 48 months | RM753 psf · typical RM601–795 psf | EdgeProp, viewed 5 Oct 2026 |
| Launch price Sep 2014 | From about RM550,000 | Penang Property Talk launch report, Sep 2014 |
| Asking price for sale | About RM570,000–990,000 · RM507–808 psf | PropertyGuru building page, Oct 2026 |
| Asking rent whole units | About RM1,800–3,500 a month, most RM2,300–2,600 | PropertyGuru listings, Oct 2026 |
The transacted row is EdgeProp’s record of completed sales (high RM963 psf in Oct 2019, low RM475 psf in Apr 2024). Sale and rent rows are asking prices seen in October 2026, not transactions.
Track record
About VST Group
Mont Residence was developed by Visentak Capital Sdn Bhd, which portals list under VST Group.
It was launched in September 2014 and completed in 2018.
Around the building
What is near Mont Residence
The closest places on the map, measured in a straight line from the building. Driving distances are longer.
🚉 Getting around
- Perhentian Bas Tanjung Bunga~2.4 km
🛍️ Malls
- City Junction~900 m
- Island 88~1.0 km
- Precinct 10~1.0 km
🎓 Schools
- SJK (C) Phor Tay~1.3 km
- SMK Tanjong Bunga~1.3 km
- Sekolah Ikhtisas Tentera Udara Diraja~1.4 km
- Phoy Tay Private High School~1.4 km
🏛️ Colleges and universities
- Tunku Abdul Rahman University of Management and Technology Penang Branch~1.5 km
- College General~1.6 km
- Adventist College of Nursing & Health Sciences (ACNHS)~1.9 km
🏥 Hospitals
- Mount Miriam Cancer Hospital~1.4 km
- Penang Adventist Hospital~1.9 km
- Island Hospital~3.3 km
Map data © OpenStreetMap contributors. Names as recorded on the map; check opening and enrolment details yourself.
Is it for you?
Which kind of buyer are you?
The same building suits different people for different reasons. Pick the line that sounds like you.
🏠 Living here yourself
Layouts here run from about 872 to 1,226 sq ft. Ask me which stacks get the better view and the least afternoon sun; that changes the price more than the floor.
💰 Buying to rent out
Compare the recorded rents in "The price numbers" above with the instalment on your loan. Smaller layouts usually rent faster; larger ones hold tenants longer.
👨👩👧 Family with children
Check the school and clinic distances in the location section, the number of car parks per unit and how busy the lifts are at 7.30 am.
✈️ Buying from overseas
Foreigners can only buy above the state minimum price and pay 8% stamp duty from 2026. Ask me which units here qualify before you shortlist.
Straight talk
What I will not hide from you
Every project has trade-offs. These are the ones I would want to know before paying a deposit.
- ⚠️ A newer project, so many owners are renting out at the same time. Expect competition for tenants for the first few years.
- ⚠️ Asking prices are not sale prices. Compare any offer with the recorded transacted price per sq ft above before you commit.
The real cost
What buying here costs in 2026
Worked example for a unit at RM570,000, around the typical asking price here. Your figures will differ with the price and the bank.
| Malaysian buyer (90% loan) | Foreign buyer (70% loan) | |
|---|---|---|
| Purchase price | RM570,000 | RM570,000 |
| Down payment | RM57,000 | RM171,000 |
| Loan amount | RM513,000 | RM399,000 |
| Stamp duty on transfer (MOT) | RM11,100 | RM45,600 |
| Stamp duty on loan (0.5%) | RM2,565 | RM1,995 |
| Lawyer, sale agreement (incl. 8% SST) | RM7,506 | RM7,506 |
| Lawyer, loan agreement (incl. 8% SST) | RM6,890 | RM5,387 |
| Cash needed before keys | RM85,061 | RM231,488 |
| State consent fee for foreigners | – | Set by each state; ask me for the figure |
Estimates only. Stamp duty: 1–4% tiers for Malaysians and PRs, 8% flat for foreigners from 1 Jan 2026. Legal fees follow the Solicitors’ Remuneration Order 2023. First-time Malaysian buyers of homes up to RM500,000 may get a stamp duty exemption until 2027. Valuation, disbursements and moving costs are not included.
Get these numbers for a real unitCalculate my exact costs →Straight answers
Frequently asked questions
How many units and what sizes?
473 units in four layouts of 872, 972, 1,072 and 1,226 sq ft, with 2 or 3 bedrooms and 2 bathrooms.
Is Mont Residence freehold?
Yes. The developer’s launch materials and portal records give freehold tenure.
Can a foreigner buy here?
On Penang Island a foreigner can generally buy a strata home only at RM1 million or more, with state consent from the Penang Land and Mines Office, a state levy (1.5% for island strata homes from RM1 million to RM1.5 million, otherwise 3%) and a three-year hold from the SPA date. Stamp duty on the transfer of a home is a flat 8% for foreign buyers from 1 January 2026. Asking prices here are below RM1 million, so units are generally not open to foreign buyers.
How much does it rent for?
Whole units are listed at about RM1,800 to RM3,500 a month, with most between RM2,300 and RM2,600 (PropertyGuru, October 2026).
Berapa harga Mont Residence?
Harga transaksi median ialah RM753 sekaki persegi (EdgeProp, 48 bulan terakhir). Harga tawaran semasa sekitar RM570,000 hingga RM990,000. Hartanah ini pegangan bebas dan siap pada 2018.
Mont Residence 价格多少？租金多少？
根据EdgeProp，过去48个月成交中位价约每平方尺RM753；目前挂牌价约RM57万至RM99万，整间月租约RM1,800至RM3,500。永久地契，2018年完工。
Which schools are near Mont Residence?
On map data, the nearest schools are SJK (C) Phor Tay (~1.3 km), SMK Tanjong Bunga (~1.3 km), Sekolah Ikhtisas Tentera Udara Diraja (~1.4 km). Distances are straight-line from the building.
Is there a train or bus station near Mont Residence?
The nearest stations on map data are Perhentian Bas Tanjung Bunga (~2.4 km).
What is the nearest hospital and mall to Mont Residence?
The nearest hospital on map data is Mount Miriam Cancer Hospital (~1.4 km), and the nearest mall is City Junction (~900 m).
How much cash do I need to buy at Mont Residence?
For a unit at RM570,000,, a Malaysian buyer with a 90% loan needs about RM5,387 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM85,061, before the state consent fee. The full table is in "What buying here costs in 2026".
Compare
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View project →Get the current price list and units available at Mont Residence
Prices move and the better units go first. Tell me your budget and whether you are buying to live in or to rent out, and I will send back the units that fit, not a generic brochure.
Buying, selling or renting: one conversation, no obligation.
Jason Lim
10 years in Malaysian property · Johor Bahru & Kuala Lumpur · REN 84424 · IQI Realty Sdn. Bhd. E (1) 1584/6
I work with local families, investors and buyers from Singapore and overseas. If a project is not right for what you need, I will say so; that is usually worth more than the brochure.