The Latitude is a condominium located in Tanjung Tokong, Penang. It is one of the tallest condominium in the state, perched at 500 feet above sea level. Its closest neighbour is The Peak Residences, another equally prestigious development. Developed by Ivory Properties, this freehold condominium is targeted to be completed by 2015.The Latitude comes with 2 blocks, each block towering at 43 storeys high. There will only be 220 units available in the whole development, so there will be 110 units to a block and approximately 3 units to a floor. There will only be 3 different layouts to choose from, with built ups ranging between 1,500 sf to 1,600 sf and the penthouse will be 5,300 sf. Prices start from RM600,000 onwards. Views from The Latitude will be beyond spectacular, seeing that it is perched 500 feet above sea level and is 43 storeys tall. Residents will probably not be able to see just the whole of Penang, they should be able to see right across to the mainland as well. Units will come with solid timber doors, while other doors in the units will be made of timber as well; and buyers would be interested to know that the master bedroom's bathrooms come equipped with vanity tops, wash basins, mirrors and water closets.Facilities provided at The Latitude are equivalent to luxury condominiums with an unbelievably long list of facilities. The most commendable one would the the 328 degrees viewing deck and the mini putting green. Amongst the rest would include facilities such as the infinity pool, the Jacuzzi, cabana, wading pool and children's pool as well as the viewing deck. Security is 24-hours, courtesy of the 24-hour security guards.Being set kilometres away from Gurney Drive and Georgetown, The Latitude is mere minutes away from the paradise of food delights where also available are shopping malls, schools, medical centres and other necessities of life. The residents will have their own dedicated road home as their house is set in the hills, therefore the closest main road will be Jalan Mount Erskine and Jalan Fettes that connects to Gurney Drive, Jalan Kelawei and Jalan Bagan Jermal; the three main roads that connect to the whole city. Commuters will find public transportation a hassle, seeing that they are set a distance from the main road.
Property Details
Name: The Latitude Address: 10470 Tanjung Tokong, Penang Developer: Ivory Properties Group Completion Date: 2015 (estimate) Type: Condominium Tenure: Freehold No. of Blocks: 2 No. of Storey: 43 No. of Units: 220 No. of Bedrooms Type A: 3+1 Type B: 3+1 Type C: 3+1 No. of Bathrooms Type A: 4 Type B: 4 Type C: 4 Built-up Type A: 1,600 sf Type B: 1,500 sf Type C: 1,500 sf Launch Price: From RM600,000Facilities
Viewing deck Mini putting green Outdoor gym Sky jogging track Reading corner Reflexology path Children's playground Barbecue pavilion Multi-purpose deck Central garden Multi-purpose hall Meditation deck Water feature Indoor lounge Pre-function area Changing room Sauna Patio deck Exercise lawn Open lounge Table tennis Yoga & Taichi corner 328 degrees viewing deck Jacuzzi Cabana Sun loungers Infinity pool Pool deck Kid's patio Children's pool Wading pool Slide deckAnalysis
Ivory Properties Group was established in June 1999 with their maiden project Tanjung Park Condominium which was a huge success. Since then they have further established themselves with more prestigious homes such as the Birch Residency, Moonlight Bay and Zen@The View. In addition to their current project The Latitude, they are further developing other high end condominiums such as The Peak Residences and Taman Bukit Erskine. Their fame is well earned because in addition to their high quality developments, they also always pick good locations. The Latitude is a good example as it sits on premium land in Tanjung Tokong. The only issue that residents will have is the traffic congestion they will face during peak hours when they try to get in and out of Gurney Drive and Georgetown. Other than that, residents of The Latitude will enjoy the exclusivity of being the only residential unit on that part of the hill. As an investment, the condominium is almost guaranteed to be a blast as starting prices are reasonably low and demand is high. As a permanent home, this high rise is also highly desirable for the comfort and privileged lifestyle if offers.
