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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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Bought On | Sold On | Area (sqft) | Sale Price (RM sqft) | Buy Price(RM sqft) | Profit (RM) | Growth (%) |
---|---|---|---|---|---|---|
02 Mar 16 | 29 Aug 18 | 1,001 ft² | 669 | 539 | 130,000 | 9 |
27 Dec 13 | 26 Nov 15 | 1,001 ft² | 649 | 567 | 82,000 | 7.3 |
18 Jun 15 | 18 Sep 15 | 1,528 ft² | 548 | 491 | 88,000 | 55.3 |
23 Oct 12 | 07 Aug 15 | 1,001 ft² | 639 | 483 | 157,000 | 10.6 |
20 Nov 14 | 18 Jun 15 | 1,528 ft² | 491 | 481 | 30,000 | 7.4 |
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.
Bought On | Sold On | Area (sqft) | Sale Price (RM sqft) | Buy Price(RM sqft) | Profit (RM) | Growth (%) |
---|---|---|---|---|---|---|
26 Nov 15 | 21 Dec 18 | 1,001 ft² | 599 | 649 | -50000 | -2.6 |
16 Oct 13 | 04 Aug 18 | 1,001 ft² | 527 | 584 | -57000 | -2.1 |
11 Nov 13 | 23 Jul 18 | 1,001 ft² | 549 | 569 | -20000 | - |
04 Apr 14 | 08 Jan 17 | 1,001 ft² | 565 | 584 | -19000 | -1.2 |
26 Dec 13 | 24 Mar 16 | 1,001 ft² | 532 | 579 | -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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