The Peak Residences

  • Property Type
    Condominium/Apartment
  • Tenure
    Freehold
  • Street Name
    Lebuhraya Halia 1, Off Jalan Mount Erskine
  • District / Planning Area
    Tanjung Tokong
  • Completion
    2011
About The Peak Residences

The Peak Residences is a freehold non-landed project situated in the neighbourhood of Tanjung Tokong in Kuala Lumpur. It is surrounded by several well-known developments such as Puncak Erskine, Tanjung Park and Tanjung Park Condominium. It is also minutes drive away to Island Plaza and Ivory City Mall. The Peak Residences was developed by Ivory Villas Sdn Bhd (a subsidiary of Ivory Properties Group) on a 13.7 acres land. In total, there are three blocks of 38-storey buildings with 600 units. The built-up space is ranging from 1,000 sq. ft. to 4,000 sq. ft. Facilities at The Peak Residences are 24-hour security, multi-purpose hall, game room, carpark, swimming pool, gymnasium, park & garden, recreation area, BBQ area, and playground. This project is accessible via several major roads, namely Jalan Tanjong Tokong, Jalan Fettes and Jalan Lembah Permai.

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Profitable Transactions (Limited to 5 Total of 13 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
02 Mar 1629 Aug 181,001 ft²669539130,0009
27 Dec 1326 Nov 151,001 ft²64956782,0007.3
18 Jun 1518 Sep 151,528 ft²54849188,00055.3
23 Oct 1207 Aug 151,001 ft²639483157,00010.6
20 Nov 1418 Jun 151,528 ft²49148130,0007.4

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 8 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 7 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
26 Nov 1521 Dec 181,001 ft²599649-50000-2.6
16 Oct 1304 Aug 181,001 ft²527584-57000-2.1
11 Nov 1323 Jul 181,001 ft²549569-20000-
04 Apr 1408 Jan 171,001 ft²565584-19000-1.2
26 Dec 1324 Mar 161,001 ft²532579-47000-3.7

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 2 more unprofitable transactions

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